Gold Kennedy flaws...?

odd zero out of five.......hmmm not the odds I was hearing..

 

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They must have sold all the 70's to the big dealers.

 

Or is it that all the 70 labels are reserved for coins submitted by the big dealers? The math seems to suggest that. Am I suggesting PCGS might have an ethics problem? Yup.

 

Well the evidence.....er.....ANACS is looking better right now

 

He had it right at could care less. Could not care less would imply could care more.

 

That was my "cute" way of saying what you said.

 

Sadly almost truth
but some do get lucky.

 

Being able to tell the difference between a 69 and a 70 is so much easier than it is for 68/69 or lower. All it takes is the slightest pinprick to eliminate the 70 grade.

Chris

 

To say you could care less implys that you do care some. I am pretty sure everyone bashing the labels meant to say they do not care about them. So if they could care less, that means they do care some. If you do not care at all, it is impossible to care any less than you already do, which is why the saying is "you could not care less".

 

.

 

Or it could be this implied line - I could care less, but I don't; I don't care at all.

On the merits - the old guard core of numismatics clearly doesn't give a rat's hiney about slab labels; they've made it clear enough. Here's the problem - SOMEBODY clearly does! As Butch and Sundance repeatedly said in the movie, "Who are those guys?" Well, they're not the 75-year old guy with thinning hair, a pot belly, white patent leather shoes with the faux suede trim, a bolo tie with a silver slide with a big hunk of polished turquoise in it, and a lifetime subscription to Arizona Highways (paints a picture, doesn't it?), THAT'S for sure!

And the guys selling these slabs aren't the guys schlepping an aging mini-van that smells like leaking antifreeze and filled with WalMart plastic tubs full of 2x2 file boxes from local show to local show every weekend, either.

No, these guys are the ones in the $250 brand name golf shirt and $500 Allen Edmonds shoes sitting in the airline executive club lounge with a scotch on the rocks, sitting there almost yelling into his wireless Bluetooth headset, "No Becky, we're not in the Edited coin business, we're in the MONEY MAKING business!" And then when he finally looks up and sees you looking at him, he acts like you were eavesdropping on him, despite the fact he missed that 15 people got up disgustedly and moved to get away from his boorishly conducted phone yell.

What's worse is that he has 40 Congressmen on speed dial. Ah yes, may God bless them - "job creating" entrepreneurs all - the smarmy bastards.

"Ew.
Seriously?
That is SO gross."

As much as it pains me to say it, the passing of generations seems to be leading us to a place where they ARE numismatics. We either fight these bastards or we go quietly into the night. Stop asking "Where are we going and why are we in this hand basket?" Fight the corporatization of the coin hobby. Vote with your dollars. You have oily rags to make torches and pitchforks in your utility shed, right? What would our ancestors have done? /snicker

As far as I'm concerned, anyone who has EVER run an ad using the description "numismatic investment counselor" is an evil Edited:language read rules bloodsucking leech, whether he uses a handle like Coinexpert or not!

 

I stopped sending moderns to PCGS, there was a time when I did and only received 1 70. At one time I was #5 with modern commeratives now most have been sold

 

@V. Kurt Bellman ...slowly putting my oily rag down...

 

I sent off 1 of my 2 to NGC. I got a 70 on it and should be getting it back today or tomorrow. 0/5 is harsh!

 

Ok, so I'm evaluating my options. Would anyone think of resubmitting them to ngc after I crack them and risk it? I'm not sure it is worth it but dang I looked at these very carefully and I saw one spot on 5 coins. When they get here i'm gonna get the loop out and check them out. I just can't believe it. I would have never thought I would have gone 0/5.

 

I really do wonder if PCGS is "tuning" their "standards" for these coins on the fly. I also wonder if they view the heavy early preponderance of 70s as a bad thing, and are thinking a distribution with more 69s (and perhaps even lower) would look more convincing.

Or, it could just be that @throwbackid got a bad batch, as I believe I did. I do wonder what grades mine would have received, but I wasn't curious enough to spend that much money on the answer.

 

I must be unusual or a fanatically tough self-grader (with glasses - I'm like "place my hands on either side of where the coin is" without them), and I use NGC without exception, but my Disappointed to Pleasantly Surprised ratio on my NGC submissions runs about 1:10. I dropped off 8 coins at Chicago at NGC on Saturday morning, all >65's. Three came back with the grade I hoped for, one was a single point disappointment, and the other four were higher than I could have ever dreamed, one of them by 2 points! I know it's absurd, but it's like they stole my coins and substituted better ones.

 

IMO, the bubble will pop soon, especially when everyone gets theirs back from PCGS and the market is flooded with slabbed ones. I'd sell them raw for $1350 all day long while you can.

Saw them sell for $2800 1 week ago, and today $1500 for PR70's.

 

I may send you my next batch to NGC

 

That's the good part about presbyopia - all your coins look fantastic, right up until you can't find them any more and can't remember where you put them.