New Coin Grading Company????

Discussion in 'Coin Chat' started by susanlynn9, Jul 27, 2004.

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  1. GDJMSP

    GDJMSP Numismatist Moderator


    OK - let's be blunt - today PCI is at the bottom of the heap with quite a few of the others. I would not recommend buying coins in their slabs except at a substantial - and I do mean substantial - discount for the grade.

    However - there once was a time when a coin graded by PCI was every bit the equal of a coin graded by NGC or PCGS. And sometimes - they were more than equal - in other words NGC & PCGS would actually upgrade them. But those days are long past. Every now and then a coin in one of the old PCI slabs can be found and these coins are graded correctly. But it is rare to find one now as experienced collectors and dealers are well aware of this and have been for years - so these coins are purchased in a hurry.

    Now let me say this - again - if you really know what you are doing - by that I mean you know how to grade correctly and accurately - you can from time to time find a correctly graded coin in any slab. It's just not easy to do so.
     
    GDJMSP, Sep 21, 2004
    #21 + Quote Reply
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  3. BWJR

    BWJR Senior Member

    Coin grading

    I would seriously doubt that any of us, if few are able to properly grade most coins. Today technology has taken over the grading of coins with equipment and tools that we don't have.

    BWJR


     
    BWJR, Sep 22, 2004
    #22 + Quote Reply
  4. tradernick

    tradernick Coin Hoarder

    I disagree. Coins are still graded by humans at all of the services. I'd pit my grading skills against anyone at PCGS or NGC or any of the others. I've been doing it longer than many of them, anyway.
    We all have the same tools and technology that they use...it's called a loupe. Of course in some instances they may have to use a microscope...but I think a fair number of regulars here have that tool also.
    I was recently told that all major services still use "naked eye" grading but I'm not sure to what extent that may be true.
    With time and effort, anyone can learn to grade coins. It's like anything else in life. The more you do it the better you get at it.

    Nick
     
    tradernick, Sep 22, 2004
    #23 + Quote Reply
  5. rick

    rick Coin Collector

    is PCI the grading company that is used for all the shop at home stuff?

    I like the guy on that show...

    'folks! we've only done this one time before, and it sold out in a matter of minutes! people have been calling me for months asking when we were going to offer it again... Here it is! <junk>'
     
    rick, Sep 22, 2004
    #24 + Quote Reply
  6. tradernick

    tradernick Coin Hoarder

    Haha Rick that sounds just like them.
     
    tradernick, Sep 22, 2004
    #25 + Quote Reply
  7. rbm86

    rbm86 Coin Hoarder

    Huh?? :confused: What technology?? Robots?? Please enlighten us!!!
     
    rbm86, Sep 22, 2004
    #26 + Quote Reply
  8. Ed Zak

    Ed Zak New Member

    How are these "slabs" stored?

    [​IMG]

    Pretty funky design don't you think?
     
    Ed Zak, Sep 22, 2004
    #27 + Quote Reply
  9. rbm86

    rbm86 Coin Hoarder

    Upside down, of course!!! :p
     
    rbm86, Sep 22, 2004
    #28 + Quote Reply
  10. rick

    rick Coin Collector

    technically, I think they are stored on Ebay...
     
    rick, Sep 22, 2004
    #29 + Quote Reply
  11. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Thankfully for us, eBay has cleaned up and is now a safe palace to purchase coins.
    Lol...some things never change. :banghead::banghead::banghead::banghead::banghead::banghead::banghead::bored::bored::bored:
     
    Johndoe2000$, Oct 23, 2019
    #30 + Quote Reply
  12. GDJMSP

    GDJMSP Numismatist Moderator

    Geeez John - was there a cave-in or something and you fell into this deep, deep hole where you found these posts carved on the walls or something ? :D
     
    GDJMSP, Oct 23, 2019
    #31 + Quote Reply
    markr, Johndoe2000$, RonSanderson and 1 other person like this.
  13. Mainebill

    Mainebill Bethany Danielle

    Lol too funny
     
    Mainebill, Oct 23, 2019
    #32 + Quote Reply
    Johndoe2000$ likes this.
  14. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Had to decrypt the hieroglyphics to understand them, but yep. :)
     
    Johndoe2000$, Oct 23, 2019
    #33 + Quote Reply
    markr likes this.
  15. Tracy62

    Tracy62 Well-Known Member

    Looks like the threads are rising from the grave. Happy Halloween! :vamp:
     
    Tracy62, Oct 23, 2019
    #34 + Quote Reply
    markr and Johndoe2000$ like this.
  16. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Lol. :D
     
    Johndoe2000$, Oct 23, 2019
    #35 + Quote Reply
  17. GDJMSP

    GDJMSP Numismatist Moderator

    Geeeez I must be gettin old :( - should have thought of that :oops: - Halloween and zombie threads :facepalm:
     
    GDJMSP, Oct 24, 2019
    #36 + Quote Reply
    Tracy62 likes this.
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