Message:

<p>[QUOTE=&quot;Silver Striker, post: 182829, member: 1745&quot;]In another thread I asked the question WHY they won&#039;t grade ASE&#039;s with MS70?</p><p><br /></p><p>A reply I received lead me to this Q&amp;A statement from PCGS.</p><p><br /></p><p><b><span style="color: Red">Question: Why doesn’t PCGS grade Silver American Eagles in MS-70?</span></b></p><p><b><span style="color: Red"><br /></span></b></p><p><b><span style="color: Red">Answer: The chemical rinse that the U.S. Mint uses on these coins can cause white spots to develop over time. In most cases, the spots cannot be removed. Until that problem is resolved, the responsible choice for PCGS is to stay away from the MS-70 grade, even though some technically perfect examples exist.</span></b></p><p><b><span style="color: Red"><br /></span></b></p><p><b><span style="color: Red">-- Ron Guth, PCGS President</span></b></p><p><br /></p><p>This statement in my opinion is gobble-de-gook!&nbsp; If the coin they have in their hand and viewed by their graders is an MS70, I do not believe that the coin should be downgraded because of a possible future problem.&nbsp; If &quot;white spots&quot; are a possibility to these coins then why even grade them as MS69?&nbsp; These &quot;white spots&quot; could feasibly cause the MS69 to become an MS65 or lower couldn&#039;t it?&nbsp; I have just started collecting ASE coins and get mostly Proof&#039;s from the mint.&nbsp; I would like to see an example of these &quot;white spots&quot; as PCGS has described them.&nbsp; Are they absolutely 100% positive that these &quot;white spots&quot; they are talking about are caused by the chemical rinse?&nbsp; Could something else be the cause?&nbsp; Have experiments been done proving it?&nbsp; Why is it that ONLY PCGS is taking this stand regarding ASE MS70 designations?</p><p><br /></p><p>I would prefer to see PCGS MS70&#039;s given to a perfect coin if they exist and PCGS can create a disclaimer on guarantee where by these &quot;white spots&quot; are not guaranteed against developing on MS silver eagles.&nbsp; This can be done as it has been with copper, bronze or copper nickel coins that NCG regulates.</p><p><br /></p><p>PCGS can edit this FAQ statement</p><p><br /></p><p><span style="color: Red"><b>Q: Can my coin change appearance after being placed in a PCGS holder?</b></span></p><p><span style="color: Red"><b>A: It is extremely unlikely that your coin will change appearance within a PCGS holder. The PCGS holder was designed specifically for the long-term storage and protection of your coins. The holder itself is made of inert materials that keep your coin safe. The sealed holder inhibits the entrance of atmospheric gases and contaminants that might harm your coin. Even so, common sense practices should keep your PCGS graded coins safe for a lifetime. Avoid humidity and excessive temperature swings by keeping your coins in a dry environment, preferably at a constant room temperature. If you have a coin that you think has changed in the holder contact PCGS customer service and we can arrange to examine the coin for you.</b></span></p><p><br /></p><p>Here&#039;s NGC&#039;s statements...</p><p><br /></p><p><b><span style="color: Red">After encapsulation, can the appearance of a coin change over time?&nbsp; &nbsp; </span></b></p><p><b><span style="color: Red"><br /></span></b></p><p><b><span style="color: Red">Yes. In independent testing, the NGC security holder has been proven as the most effective grading service holder on the market today in minimizing the effects of oxidation. Even so, the NGC holder is not 100% airtight and therefore oxidation, a normal process where air reacts with the surface of a coin, can continue after encapsulation. To further limit environmental hazards, we recommend storing your coins in a temperature-controlled, low humidity area such as a bank safety deposit box. Be sure to check with your bank for rules &amp; regulations concerning the storage of these items.</span></b></p><p><b><span style="color: Red"><br /></span></b></p><p><b><span style="color: Red">Are all coins certified &amp; encapsulated by NGC covered by the NGC guarantee?&nbsp; &nbsp; </span></b></p><p><b><span style="color: Red"><br /></span></b></p><p><b><span style="color: Red">The NGC Guarantee does not apply to copper, bronze or copper nickel coins graded by NGC prior to April 1, 2000. To the extent that the NGC Guarantee applies to copper, bronze, or copper nickel coins, the NGC Guarantee expires with respect to such coin(s) on the ten year anniversary of the date of encapsulation by NGC. Additionally, any NGC certified coin deemed by us to be representative of a clerical error is not covered by the NGC guarantee. Clerical errors may be returned to NGC for correction of labeling at no charge to the submitter.</span></b></p><p><br /></p><p>Then there is this PCGS problem with the handling of SILVER and we all know what finger oils can do to silver...</p><p><br /></p><p><b><span style="color: Red">Q: Why don’t graders and sealers wear gloves while handling coins?</span></b></p><p><b><span style="color: Red">A: PCGS graders and sealers are experts in the proper care and handling of coins. While gloves offer additional protection, they reduce the tactile sensations necessary to properly manipulate coins during the grading process and could increase the chance of dropping a coin.</span></b></p><p><b><span style="color: Red"><br /></span></b></p><p>I don&#039;t know if NGC handles coins with gloves or not (looking at their web site, I don&#039;t believe they do because the photo they show on the grading page shows the person holding the coin without gloves) but under these circumstances, I will be sending my unopened 20th anniversary ASE sets to NGC.[/QUOTE]</p><p><br /></p>

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