Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Concerning the recent discussions about Third Party Graders
>
Reply to Thread
Message:
<p>[QUOTE="earlyrarecoins, post: 403411, member: 15054"]There has been a rising amount of discussion on various forums regarding PCGS, NGC, ANACS, and TPG's in general.</p><p> </p><p>I believe it is extremely important for the collector to learn how to grade on their own. And many times, even at PCGS, the graders get it wrong. They may not know the weak strike characteristics of a particular die marriage. They may excuse a cleaning on a key date coin, and still slab the coin.</p><p> </p><p>I notice many collectors, even advanced collectors, will demand PCGS slabbed coins only for their collection. </p><p> </p><p>It is a dangerous business buying the plastic instead of the coin. PCGS holders many cleaned coins, and coins with other problems. Don't think that buying PCGS coins eliminates the risk of buying a problem coin.</p><p> </p><p>If you learn how to grade the series you are collecting, then you can eliminate the risk of buying a problem coin. </p><p> </p><p>Also, we have seen an increasing amount of fake slabs. You just might be purchasing a counterfeit coin in a counterfeit PCGS slab. Then we have stories of slabs being unsealed, the coin is removed, and a substitute coin is put in it's place. The slab is then resealed, and it looks as if it hasn't been tampered with.</p><p> </p><p>All of this can be avoided if you learn your series. Understand each die marriage, and the characteristics of each. </p><p> </p><p>I will guarantee that learning to grade on your own is the most important part of collecting. Once you do this, you are free from TPG's, and you won't need to rely on them.</p><p> </p><p>TPG's tend to vastly overgrade key dates such as the 1916-D dime, 1877 cent, and the three key date barber quarters. The only way you won't overpay is if you know the grading standards. </p><p> </p><p>It cannot be stressed enough, you must grade for yourself. And you must be able to detect cleanings, and it a coin is genuine or not. This will require a great amount of work, but it is necessary.[/QUOTE]</p><p><br /></p>
[QUOTE="earlyrarecoins, post: 403411, member: 15054"]There has been a rising amount of discussion on various forums regarding PCGS, NGC, ANACS, and TPG's in general. I believe it is extremely important for the collector to learn how to grade on their own. And many times, even at PCGS, the graders get it wrong. They may not know the weak strike characteristics of a particular die marriage. They may excuse a cleaning on a key date coin, and still slab the coin. I notice many collectors, even advanced collectors, will demand PCGS slabbed coins only for their collection. It is a dangerous business buying the plastic instead of the coin. PCGS holders many cleaned coins, and coins with other problems. Don't think that buying PCGS coins eliminates the risk of buying a problem coin. If you learn how to grade the series you are collecting, then you can eliminate the risk of buying a problem coin. Also, we have seen an increasing amount of fake slabs. You just might be purchasing a counterfeit coin in a counterfeit PCGS slab. Then we have stories of slabs being unsealed, the coin is removed, and a substitute coin is put in it's place. The slab is then resealed, and it looks as if it hasn't been tampered with. All of this can be avoided if you learn your series. Understand each die marriage, and the characteristics of each. I will guarantee that learning to grade on your own is the most important part of collecting. Once you do this, you are free from TPG's, and you won't need to rely on them. TPG's tend to vastly overgrade key dates such as the 1916-D dime, 1877 cent, and the three key date barber quarters. The only way you won't overpay is if you know the grading standards. It cannot be stressed enough, you must grade for yourself. And you must be able to detect cleanings, and it a coin is genuine or not. This will require a great amount of work, but it is necessary.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Concerning the recent discussions about Third Party Graders
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...