New PCI blue label......Anyone try crossing one over to NGC????

[coinman_23885]

PCI was good a long time ago (early 90s). Every reincarnation of it since then has been "treat as raw". Bringing back the PCI name for purposes of name recognition seems as wise as changing your name to Michael Moore to better promote your weight loss and grooming products.

 

The coin you picture would probably be called "Unc details, cleaned" if sent to any of the mainstream grading services today.

 

+1

[bstrauss3]

Thanks for that! With that said, I know I have seen another version of the PCI holder after David Lawrence's operation shut down.

 

Could be. The internet archive (https://archive.org/web/) shows activity in 2011 to date.

 

https://web.archive.org/web/*/http://pcicoins.com

 

18Mar2008 shows the letter from John Feigenbaum (president of David Lawrence) https://web.archive.org/web/20080318222054/http://www.pcicoins.com/

 

The 18Apr2008 redirects to Dominion - http://www.dominiongrading.com/

 

2Feb2011 still redirected, but on 7Feb2011 it became a coming soon page, https://web.archive.org/web/20110207135538/http://pcicoins.com/. That was still there on 9Aug2011.

 

Then on 3Nov2011 the page redirected to pcicoin.com (no s). Through 2012.

 

Finally on 20Feb2013 the current page with the bullet train showed up, "Under New Management" with the Wantagh, NY address. That's the zombie that is still there.

 

But flip over to pcicoin.com on 3Nov2011, https://web.archive.org/web/20111103195750/http://www.pcicoin.com/

 

"The New PCI

 

PCI is your premiere coin grading service for authenticating and grading your rare coin assets. We will be using the “Green Label Problem free coins” and “Red Label Problem Coins.” system that made PCI legendary in the early years of professional coin grading."

 

Page also says that they were opening a office in Florida in October 2011... Same page in Jan2012

 

Then in April and August 2012, no mention of the red/green and no mention of Florida.

 

 

So I wonder if the replica 1990s PCI slabs come from the Oct2011-Jan2012 version and the bullet train from later. Whether those are separate companies or just changes, tbd

 

 

 

 

 

 

 

 

[nater222-migration]

Just got back from my local coinshop where the owner Jeff used to work for pcgs as a grader. I had him put a grade on it. 62+ prooflike was his best guess. He said maybe a 63 prooflike at best. He also said that if it was an earlier mint like 80-81-82 s that it would probably not get the prooflike designation and this one might not if the grader is in a bad mood! Haha we will see soon enough. I paid $381 for this coin so I just need it to get an ms61 or better and I will be happy.

[coinman_23885]

Just got back from my local coinshop where the owner Jeff used to work for pcgs as a grader. I had him put a grade on it. 62+ prooflike was his best guess. He said maybe a 63 prooflike at best. He also said that if it was an earlier mint like 80-81-82 s that it would probably not get the prooflike designation and this one might not if the grader is in a bad mood! Haha we will see soon enough. I paid $381 for this coin so I just need it to get an ms61 or better and I will be happy.

 

Just make sure that you understood him correctly to say PCGS and that you did not buy the coin from Jeff or you might want an unbiased opinion. I have no knowledge to dispute the information, but unless your local coin shop is a well known national dealer, it is surprising to me that a PCGS (and the same for NGC) grader would work at a small local brick and mortar shop. Most are snapped up by large coin buying firms or auction houses like Heritage for handsome salaries. So I'm not saying his story is untrue, just be careful.

 

On another note, I strongly believe in buying the coin and not the holder, but that this should be done when you know the differences and are not relying blindly on others. Good luck!

[nater222-migration]

Just got back from my local coinshop where the owner Jeff used to work for pcgs as a grader. I had him put a grade on it. 62+ prooflike was his best guess. He said maybe a 63 prooflike at best. He also said that if it was an earlier mint like 80-81-82 s that it would probably not get the prooflike designation and this one might not if the grader is in a bad mood! Haha we will see soon enough. I paid $381 for this coin so I just need it to get an ms61 or better and I will be happy.

 

Just make sure that you understood him correctly to say PCGS and that you did not buy the coin from Jeff or you might want an unbiased opinion. I have no knowledge to dispute the information, but unless your local coin shop is a well known national dealer, it is surprising to me that a PCGS (and the same for NGC) grader would work at a small local brick and mortar shop. Most are snapped up by large coin buying firms or auction houses like Heritage for handsome salaries. So I'm not saying his story is untrue, just be careful.

 

On another note, I strongly believe in buying the coin and not the holder, but that this should be done when you know the differences and are not relying blindly on others. Good luck!

 

Thanks for the input coinman, I did not buy this coin from Jeff. He doesnt work at the shop, he owns it. And, they are a very reputable dealer. You can check them out at http://www.rosehillcoins.com/index.html

Website is a little cheesy, wish they had their inventory up, its actually quite impressive.

[coinman_23885]

Thanks for the input coinman, I did not buy this coin from Jeff. He doesnt work at the shop, he owns it. And, they are a very reputable dealer. You can check them out at http://www.rosehillcoins.com/index.html

 

 

(thumbs u

[Kenneth F]

NGC only accepts coins graded by PCGS for crossover consideration. Something from PCI, NTC, ANACS etc. has to be cracked out and submitted as a raw coin.

 

That's my understanding.

 

 

Welcome to the boards.

 

I sent in a 1878 half in an ANACS holder and it crossed into NGC.. kept the grade too.

[WoodenJefferson]

NGC only accepts coins graded by PCGS for crossover consideration. Something from PCI, NTC, ANACS etc. has to be cracked out and submitted as a raw coin.

 

That's my understanding.

 

 

Welcome to the boards.

 

I sent in a 1878 half in an ANACS holder and it crossed into NGC.. kept the grade too.

 

What do you bet the (indestructible) ANACS slab was cut in two with a band saw, pried open like an oyster, coin popped out with the label and shell remnants tossed into the trash can?

 

The coin entered the system as raw and the original grade happened to be spot on with NGC's decision.

 

 

[casman]

My only experience with PCI was with a purple signature series slab signed by Rick T. Originally graded as a 66CAM, it was cracked and submitted raw to PCGS. Came back PR66, a few times. It toned while in the holder and while the colors were attractive as far as that stuff goes it held back the CAM designation.

 

 

[Nutmeg Coin]

I sold this PCI green holder coin, an Ike, last week. It looked to be no problem: http://www.ebay.com/itm/1971-S-Eisenhower-Dollar-40-Silver-PROOF-/231446403121

 

Happy customer.

 

Different story with the new start-up, but you would have to see hundreds of their product to make an accurate judgment. NGC has been the most reliable grading company through the years.

[coinman_23885]

I sold this PCI green holder coin, an Ike, last week. It looked to be no problem: http://www.ebay.com/itm/1971-S-Eisenhower-Dollar-40-Silver-PROOF-/231446403121

 

Happy customer.

 

Different story with the new start-up, but you would have to see hundreds of their product to make an accurate judgment. NGC has been the most reliable grading company through the years.

 

That coin is an example of an old PCI 10 digit green label holder that I posted about back a few posts ago in this thread. Those are conservative and accurately graded in many cases. I wouldn't be surprised if the coin upgraded. And, was that Ike toned? How nice was the toning? The scans don't show color very well. If I am interpreting the photos/color accurately and if it was attractive, I would have given you $20 off of eBay for it in a heart beat.

[Nutmeg Coin]

Nice coin. The customer said this: "A beautiful coin with gold & blue toning on both sides, thanks"