Hello coin experts I need an opinion. I recently purchased a coin from a major auction house. The coin was graded Ex 40 in their catalog. I sent the coin to PCGS for grading and it came back as VF 35. I feel like sending it to NGC for grading--THe question is-- Should I be happy with this grade or should I keep it in the PCGS holder and hope that they ignore their grade and grade it fairly or should I remove it from the holder ? I know you buy the coin and not the holder but it's difficult to accept one opinion.
The 2 grades are only 1 grade apart - and both parties could easily be wrong. But I will ask - what was the coin ? What acution house was it ? And can you post pics ?
Like GDJMSP said only one grade apart, this is not bad. If it is a very valuable coin, then I might consider it.
Sight unseen, I'm more inclined to believe the PCGS grade based on the simple fact that the auction house were the ones selling the coin. Of course they're going to be more lenient on the grade...
You would have to be deaf, dumb and blind not to see that this is EXACTLY what goes on with the big auction houses inspite of the so called imparitiality of the graders in knowing who's coins they are. Hoard coins especially are 1 and even 2 grades highier than they should be.:desk:
pcgs.............................. welcome woodyscoins! the most important thing you can do is to learn how to grade coins yourself. that way you will know if something is over or under graded and make a wise decision before any purchase.
What do you think when you grade the coin yourself ? Do you feel the coin is an honest XF40 ? Do you have a copy of the ANA Grading Standards ? Was the coin raw when you bought it ? Post an image if you can. I'm curious now !
Honestly an XF40 and a VF35 are so close that judging it is too subjective to say one pair of eyes sees it differently and better or worse than another pair of eyes, including eyes that are employed by PCGS, NGC, ANACS, DGS, etc., Auction houses, dealers, collectors, etc. You learn to grade it yourself, you call it VF35, XF40 or whatever it is when you do it correctly. Then you can bust it out of that piece of plastic. I've never sent a coin in to be graded, and I may never send a coin in to be graded. I've learned a lot of the art going through thousands and thousands of coins grading, regrading and learning and reaffirming. Post the pictures here, and look and see what happens if 20 people resond you may get as many as 6 or seven different grades.
grading oppinion The grade of a coin is only an oppinion. I would be glad to give you my oppinion if you post a couple good photographs. Of course, since I would only be seeing the photographs, my oppinion would be of the photographs and not of the coin. The most important thing you can do is to learn how to grade coins yourself. That way you will know if something is over or under graded and make wise purchase decisions. Grading classes are offered by the ANA. Best regards, Collect89
One day we will scan coins with a laser to have a computer analyze and get the correct grade from a technical standpoint. When AI technology catches up with the challenges of grading many of these problems will disappear.
Thanks for all the comments I will try to get pictures posted next week. It's a colonial coin and the guide books are not much help. Thanks again
My Opinion I have purchased coins from you off of CoinB and the grades have always been accurate. This coin just falls short of the EF40 grade. If the reverse had a little less wear it would easily it the EF40 mark. This is only my opinion. Well that's my two cents worth. Regards, Collectingusa
