Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Sitting Liberty Dollars/Ebay & grading standards.
>
Reply to Thread
Message:
<p>[QUOTE="superc, post: 1826408, member: 44079"]Well I hadn't seen your last post there until just now. The statement about both saying they use ANA standards was said because I had been told that by several coin shop operators. I agree that it falls flat the more I dig into it. </p><p><br /></p><p>Regarding the APMEX sales of Liberty Dollars VG, here is what they wrote me back.</p><p><br /></p><p>"Thank you for your inquiry. The grading books give guides for technical grading. Sometimes this is in line with the market, but other times it is not. For Seated Liberty dollars, as long as the coin has full rims, the market will accept it as a Very Good. There are many Seated Dollars in PCGS and NGC Very Good-8 holders that have full rims, but do not have three letters from Liberty visible"</p><p><br /></p><p>I now fully acknowledge that Redbook has tougher grading standards than does the "Grading Standards" book. I truly thought otherwise when this thread began. I know better now, and it isn't just the Seated Liberty Dollars that applies to. </p><p><br /></p><p>[A result and recent realization is that by following Redbook standards when purchasing and grading my purchases for past years a lot of my coins were graded by me possibly a little low "Grading Standards" standards. I find I should now regrade lots of my coins and that will take some time. Ouch.]</p><p><br /></p><p>Regarding the TPGs and changing of rules. I noted (on their website) yesterday PCGS now offers a coin restoration service. Coins restored by them will be slabbed and certified by them. I do not know if the slab containing such a coin will also have a comment indicating the coin was altered or restored by them. That being said, I am toying with joining them and sending them some silver junk (fire damaged coins (acquired pretty cheaply)) to see what comes back. </p><p><br /></p><p>So in conclusion my original belief which inspired this post was 100% wrong. Only Redbook expects 3 letters to be readable as a bare minimum. I will continue to look for bargains on Ebay, by seeking coins graded by Redbook standards at the same price as coins graded by ANA standards.[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1826408, member: 44079"]Well I hadn't seen your last post there until just now. The statement about both saying they use ANA standards was said because I had been told that by several coin shop operators. I agree that it falls flat the more I dig into it. Regarding the APMEX sales of Liberty Dollars VG, here is what they wrote me back. "Thank you for your inquiry. The grading books give guides for technical grading. Sometimes this is in line with the market, but other times it is not. For Seated Liberty dollars, as long as the coin has full rims, the market will accept it as a Very Good. There are many Seated Dollars in PCGS and NGC Very Good-8 holders that have full rims, but do not have three letters from Liberty visible" I now fully acknowledge that Redbook has tougher grading standards than does the "Grading Standards" book. I truly thought otherwise when this thread began. I know better now, and it isn't just the Seated Liberty Dollars that applies to. [A result and recent realization is that by following Redbook standards when purchasing and grading my purchases for past years a lot of my coins were graded by me possibly a little low "Grading Standards" standards. I find I should now regrade lots of my coins and that will take some time. Ouch.] Regarding the TPGs and changing of rules. I noted (on their website) yesterday PCGS now offers a coin restoration service. Coins restored by them will be slabbed and certified by them. I do not know if the slab containing such a coin will also have a comment indicating the coin was altered or restored by them. That being said, I am toying with joining them and sending them some silver junk (fire damaged coins (acquired pretty cheaply)) to see what comes back. So in conclusion my original belief which inspired this post was 100% wrong. Only Redbook expects 3 letters to be readable as a bare minimum. I will continue to look for bargains on Ebay, by seeking coins graded by Redbook standards at the same price as coins graded by ANA standards.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Sitting Liberty Dollars/Ebay & grading standards.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...