Genuine

Discussion in 'Coin Chat' started by BALD SPARTAN, May 30, 2010.

  1. BALD SPARTAN

    BALD SPARTAN Member

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  3. jloring

    jloring Senior Citizen

    There's a code embedded in the number, but I'm not sure what it is. Someone more knowledgable will be along to tell you. Anyway, looks harshly cleaned to me.
     
  4. raider34

    raider34 Active Member

    The 92 code would indicate it didn't grade because it was cleaned. Hard to tell from the pics, but the obverse does look a little off to me.
     
  5. BALD SPARTAN

    BALD SPARTAN Member

    Yea its non gradeable but I was wondering does it qualify for any grade or is it just not rare enough to be given a grade by PCGS in the damaged condition? (Just learning more about PCGS grading).
     
  6. raider34

    raider34 Active Member

    Are you referring to details grading? If so, PCGS doesn't use details grades, if a coin is ungradeable in any way it goes in a Genuine holder or Bodybag.
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    If I had to guess, I'd be inclined to say that he is refering more to the fact that PCGS ignores their own rules about damaged coins and grades them anyway - when the coin is worth enough money anyway.
     
  8. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Beat me to it! :D

    Guys, if you look around, you will see that PCGS does sometimes grade damaged coins, and cleaned coins and sometimes give them grading bumps, when they are worth more money.
     
  9. raider34

    raider34 Active Member

    What they heck are you guys talking about? No way PCGS would ever ignore their own rules and grade a damaged coin if it's a key date, or worth enough money. 1893-S $1 Fine 12 PCGS. :goofer:

    Not to just single out PCGS though, most TPGs are just as guilty.1889-CC $1 AG3 NGC.
     
  10. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Did you come from the Collectors Universe Forums :D

    The first link you gave has rim damage, and some funky stuff going down near the neck and the stars lol.
    The second one has a nasty gash by the one, but other than that it looks graded right, but I don't know necessarily if either should be graded.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Thought I was gonna have to get a stick and beat you there for a minute raider :D
     
  12. raider34

    raider34 Active Member

    Lol, don't worry I stay far away from this guy.
     
  13. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Raider, don't you mean [​IMG]
     
  14. Numismatist47

    Numismatist47 New Member

  15. Lehigh96

    Lehigh96 Toning Enthusiast

    Spartan,

    PCGS will authenticate and encapsulate problem coins but they will not assign them a grade. The reason code is found in the first section of numbers. The numbering system works like this:

    coin number.numerical grade/serial number

    For example, the coin you linked in your E-Bay auction is a 1898 Barber Quarter. The first 4 digit number is the coin number. An 1898 Barber Quarter is 5619. An 1898-S Barber Quarter is 5620. This number is followed by a period and a two digit code. Under normal circumstances, the two digit code will be the numerical grade of the coin. If the coin is a problem coin PCGS will assign one of the following no grade codes to the coin.

    No Grade Description Printed Description Holdered
    82 Filed Rims Yes Yes
    83 Peeling Lamination No No
    84 Holed and Plugged Yes Yes
    90 Not Genuine No No
    91 Questionable Color No Yes
    92 Cleaning No Yes
    93 Planchet Flaw No Yes
    94 Altered Surfaces No Yes
    95 Scratch / Rim Dent No Yes
    97 Environmental Damage No Yes
    98 Damage No Yes
    99 PVC Residue No No

    After the grading code there is a / followed by the serial number for the coin.

    It is not a dumb question, however it does concern me. If you think that you can accurately judge a coin's surfaces from those terrible tilted photos, then you have a problem. PCGS bagged this coin for being cleaned and the seller is offering an small blurry tilted photo in a transparent attempt to hide the cleaning. It might not look that bad to you but I promise if you saw a large clear photo of this coin you would easily be able to detect the cleaning that earned the coin a GENUINE grade.
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The fact that it has been improperly cleaned isn't anywhere near as bad as this fleabay seller who takes photos at an angle to lessen the appearance of improper cleaning and uses a third-world grading service (SGS) to overgrade coins.

    Don't do business with this kind of numismatic low-life.

    Chris
     
  17. CheetahCats

    CheetahCats Colonial & Early American

    Indeed. Other items this seller has includes 2 encapsulated in SGS slabs.

    [​IMG]
     
  18. hiho

    hiho off to work we go

    Thanks for posting the codes Lehigh!
     
  19. Mad.Outcast

    Mad.Outcast New Member


    There have been times,when someone points out a coins,and says
    "that mark is so distracting"
    Up until this point,I never really paid attention,to the little things,but OMGosh
    I couldnt look away!! I thought it was going to move,or dance or something else...:rolling:
     
  20. Victor

    Victor Coin Collector

    I just finished looking at some gold on Teletrade. There are some which have been graded genuine by PCGS. There are some rather strong bids on them.
    The idea here is you know most likely the coin isn't fake.
    Now compare a slabbed ungradable by PCGS to a raw gold coin.
    For a person buying raw coins, which would you rather have?
    Looking at raw gold [assuming you are not an expert] how do you know it wasn't cleaned? [Not talking harshly] Is it fake?
    Assume also you can get a good bargain. I mean saving at least $100.
    Wouldn't it be wiser to buy a slabbed genuine than a raw who knows what?
     
  21. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    I'm just wishing they would be consistent is all I ask.
     
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