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gmarguli

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Posts posted by gmarguli

    1933 Saint-Gaudens Double Eagle Graded MS-65....no holder !!

    in US, World, and Ancient Coins

    Posted

    On 4/10/2021 at 5:18 PM, GoldFinger1969 said:

    Possible, but NGC graded the Langbord 10 and Sotheby's/Stacks-Bowers probably told Weitzman that if he wanted to maximize the return for his foundation, he needed to get it graded/certified. 

    Remember, he is NOT a coin collector and didn't even have possesion of the coin -- he donated it to public viewing spaces.  He's not into the whole grading & labeling thing. :)

    The value difference of this coin with or without a PCGS grade is $0. Grade only matters when there are alternatives. 

    Besides, when this coin came up for sale before, if I recall correctly, it was examined by several of the TPG graders who declared it MS65. 

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    1933 Saint-Gaudens Double Eagle Graded MS-65....no holder !!

    in US, World, and Ancient Coins

    Posted · Edited by gmarguli

    What makes everyone think that PCGS didn't pay for the privilege of grading this coin? People assume the owner/auction house submitted the coin, but isn't it possible that the TPG would approach them and pay for the privilege of grading this coin as it is being used as an advertisement for them. (And I don't care what was written in the article)...

    As for it being graded and not slabbed, I've had several coins graded and returned raw. They've ranged from too big/small, too fragile, we don't want this in one of our slabs (you know how long ago that was as the TPG will encapsulate any piece of garbage now), and some coins that missed the minimum grade, but came back with inserts. And on more than one occasion I've received coins back slabbed, but the TPG included a second insert with a different grade than what it was slabbed as. 

    Grade inflation

    in US, World, and Ancient Coins

    Posted

    On 1/2/2021 at 7:18 PM, GoldFinger1969 said:

    Curious Gmarg....I know you rely on your grading skills, but does the year of certification -- the type of slab -- enter into your decision to resubmit and/or crackout a coin ?

    We know that certain slabs and labels were associated with -- correctly or not -- tighter or looser grading.

    New answer: No.

    Old Answer: Had typed up more detailed response, but when trying to post the system told me I was logged out and trashed the post. I'm too tired to deal with the moronic auto-logout. Time for a break.

    does ebay actually do anything to bad sellers??

    in Newbie Coin Collecting Questions

    Posted

    Let's assume that shill bidding raises the final price and doesn't just replace other legitimate bids that would have been placed. What is the incentive to stop it when eBay takes a percentage of the sale price? 

    eBay won't even touch blatant counterfeit sellers. Check out the Medieval coin section. There are a handful of sellers that sell nothing but counterfeits. They've been reported numerous times by several people, yet no action taken. 

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    Grade inflation

    in US, World, and Ancient Coins

    Posted

    45 minutes ago, MarkFeld said:

    Yes, thanks for setting the record straight and apologies to the forum for having misspoken.

    I still think that submitting raw offers more upside (and downside) than submitting as a regrade in the holder. How do you feel about that?

    It is my understanding that the TPG (used to, perhaps not anymore) use the original grade as Grader #1 on regrades. Therefore, if the first grader to see the coin this time (Grader #2) agrees with the original grade, the coin is done. It's only if Grader #2 disagrees with the original grade does it move one to a second grader (Grader #3). 

    If you crack it out, then you get two graders to look at it without the initial grade bias.

    You could argue either way as to which is better. I do both regrade and crackout, but my personal opinion is that crackout/raw is the better way to go. However, I'm extremely confident in my grading abilities and financially able to take the hit if I'm wrong or unable to get the coin back at the original grade. 

    Grade inflation

    in US, World, and Ancient Coins

    Posted

    8 hours ago, MarkFeld said:

    If a coin truly deserves a higher grade, I think it has a better chance, if submitted raw. A large part of the reason is that it’s easier to assess a coin out of a holder.

    But the TPG remove the coin from the slab before regrading it.

    You're probably thinking of crossovers.

    Im deleting my PCGS Account and never going back

    in Newbie Coin Collecting Questions

    Posted · Edited by gmarguli

    18 minutes ago, NevadaS&G said:

    https://www.pcgs.com/coinfacts/coin/1958-25c/images/5864 Find It then :roflmao:

    There are several at the 66 & 65 level that I liked just as much or better. The higher grade ones blow yours away.

    Don't forget, most of these mint set toned coins were graded in the early 90's. There are no TrueView pics of them online. I used to bust apart tons of 47-58 mint sets and submit the coins. I've submitted hundreds of these toned coins. 

    Im deleting my PCGS Account and never going back

    in Newbie Coin Collecting Questions

    Posted

    46 minutes ago, NevadaS&G said:

    I've seen all kinds of Toners, Rainbows, Magical Unics, Artificial Jobbers, nothing and I mean nothing compares to this one Quarter. 

    Then you should look at the PCGS Pop Report and see the pictures of the numerous ones that look nicer and graded higher than this one. 

    Given the pic was taken with a ton of light, I suspect this is a typical mint set toned 25c, maybe with a little more than normal light blue/green color. (shrug)

    1933 nazi coin pattern

    in Newbie Coin Collecting Questions

    Posted

    11 hours ago, Mikey B UK said:

    The thing is i have found 2 variants in the portrait and 2 variants in gold purity, i can't find any base metal varieties. Seems like either they hardly minted any or the info is limited because of the nature of the coin. 

    Many of these fantasy pieces were minted in very small quantities and even smaller quantities for off metal strikes. I've owned many off metal types over the years. Many are not listed in any reference book that I can find, but some can be found in more obscure books. I've owned several with mintages of 5 or less and even owned a couple of ones listed as unique. There is usually a rather limited market for these pieces. 

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    In Honor of NevadaS&G: Your Most Head Bashing TPG Result

    in Newbie Coin Collecting Questions

    Posted

    1 hour ago, NevadaS&G said:

    Thing is PCGS never looked at it. Your missing the point. They cracked it, removed the green bean, and said lets use the same grade that was on the holder. It's a win win for them, why work ?

    Why do you think they used the same grade that NGC assigned without looking at the coin? If all they did is what you say, can you explain my last 3 invoice submission:

    Invoice 1: 45 Coins, 39 crossed, 16 upgraded including 4 new Pop 1/0 and 1 Pop 2/0.

    Invoice 2: 6 coins, 3 crossed. Not shocked that the other 3 coins did not cross. They were marginal for their grade.

    Invoice 3: 5 coins, 3 crossed, 2 upgraded. These were old ANACS & a SEGS slabs. One of the ANACS and the SEGS upgraded. The 2 that didn't cross, one was called cleaned (I agree, but hoped PCGS would net grade it like ANACS did) and the other I'm very surprised it didn't cross. 

    Where can we sell raw coins now?

    in US, World, and Ancient Coins

    Posted · Edited by gmarguli

    4 hours ago, Coinbuf said:

    Managed payments allows for more ways to pay such as apple pay and google pay and it still includes paypal as a payment option.  The issue; as I recall, is that whomever ebay is using to manage these payments has an issue with accepting payments for money, coins or paper money.  Sellers of coins and paper money should have been notified and have the option of not switching over to the new managed payments until this could be sorted out.

    Managed payments will soon be eBay processing your credit card or debiting your bank account. They don't want an outside entity getting a cut to process the payment, so eBay will begin handling them. Same way you buy on Amazon from an independent seller, but Amazon handles the payment processing.

    I was flat out told that PayPal will not be available to use once they are fully switched over to managed payments. 

    Not only did eBay not tell coin sellers that they would be locked out of selling, but they actually encouraged them to switch. I got a call from them telling me of the low rates and to switch right away. "Any changes or drawbacks?"  Noooo.... Did a little research and found out that I'd be blocked from selling coins, which is the only thing I sell on eBay. F****** insufficiently_thoughtful_persons!!! I know several other coin-only sellers who got called also. 

    1933 nazi coin pattern

    in Newbie Coin Collecting Questions

    Posted

    What you have is debatable. This "coin" matches X-Pn21 which was minted in gold for collectors. Bruce lists it as Possibly produced in Buenos Aires, Argentina in 1959 as souvenirs for German veterans.

    The idea that this "coin" would be minted in other metals is likely. I suspect with a little searching for the gold version you could find examples like this one, minted in base metals. 

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    In Honor of NevadaS&G: Your Most Head Bashing TPG Result

    in Newbie Coin Collecting Questions

    Posted

    9 minutes ago, NevadaS&G said:

    Do you have any IDEA of how much money I've lost on sending that Submission to PCGS, 2 out of 10 coins bagged, MS63 scores on even possibly MS65 coins. I am not running a CHARITY. Jesus H. Christ some of you are DENSE. 9 coins

    have to get cracked and sent to NGC, which I'm in the process of, extra Shipping Fees, all MADNESS just to get something done RIGHT that should have been done RIGHT in the first place.

    My mega Toner is in GC's hands getting liquidated right now all because of PCGS's Incompetence !!! 

    Yes, we do know how much money. You mentioned it was around $500. While every dollar is valuable, it's not exactly life altering money. My TPG bill this past last year is around $50,000. And if you want to talk about an unhappy TPG experience. Earlier this year I had a TPG refuse to holder several esoteric coins for me. Why? Because the TPG's outside authenticator told them not to. The outside authenticator is the exact same person I purchased the coins from. :frustrated: Yes, the person I bought the coins from told the TPG not to holder them. 

    You spent money at PCGS trying to upgrade the coins. You gambled. The coins were in NGC slabs, but you wanted higher grades. PCGS has a lot of faults, but this one is totally on you.