Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: trout on June 15, 2016, 09:15:53 AM

Title: MS68 My Foot
Post by: trout on June 15, 2016, 09:15:53 AM
Firstly this is a Specimen Coin that lived in one of those plastic cases with the red coin holder inside.
This coin holder was the cause of the pitting and corrosion on the left hand side of the reverse.
There is NO way in the World that this coin is a 68.

(http://www.australian-coins.net/gallery/albums/userpics/10019/80663307_Large.jpg)
Title: RE: MS68 My Foot
Post by: ausjack on June 15, 2016, 09:20:29 AM
Yes I doubt very much if you resubmitted it to get it SP attributed it wouldn't get 68 so lave it as it is :winkextra:
Title: RE: MS68 My Foot
Post by: trout on June 15, 2016, 09:38:16 AM
Quote from: 'ausjack' pid='90701' dateline='1465948229'Yes I doubt very much if you resubmitted it to get it SP attributed it wouldn't get 68 so lave it as it is :winkextra:

I didn't "vet" this coin properly before I sent it to PCGS and if I had noticed that corrosion I would not have sent it.
That being said PCGS should have "Boddybagged" this as details environmental damage and most certainly NOT given it a 68 grade as they have.
The corrosion is quite noticeable and I should have spotted it but I just chucked 4 coins onto the submission in a hurry to fill it out a bit.
I will have to crack this out when it gets here and chuck the coin into my change jar because there is NO way I would sell this and try to pass it off as a MS68 coin.
Title: RE: MS68 My Foot
Post by: r9453 on June 15, 2016, 11:36:29 AM
You pay PCGS for a service and they offer a guarantee. Is the coin in transit, if not why not ask them about it? Why not ask them anyway although you must be just about at your wits end by now.
Title: RE: MS68 My Foot
Post by: Incused on June 15, 2016, 11:52:05 AM
Hi Trout

I guess we all stick to PCGS because such grade is exception and in 99% cases it coin like this won't get MS68.

But it is what it is, high grade nice result :yahoo:

Did you just get your results? how long you have been waiting? i have a batch with pcgs with their received date 01/06/2016, so just wondering how long to wait. Probably 1-2 weeks more from my past experience.
Title: RE: MS68 My Foot
Post by: trout on June 15, 2016, 12:45:49 PM
Quote from: 'r9453' pid='90708' dateline='1465956389'You pay PCGS for a service and they offer a guarantee. Is the coin in transit, if not why not ask them about it? Why not ask them anyway although you must be just about at your wits end by now.

I really have just about had it with this Mob.
They are taking forever to do anything and then they get it bloody wrong anyway.
19 coins graded that took 2 1/2 Months 4 attributed wrongly and this MS68 horror.
If all 19 coins went through the same grader then I can't have too much faith in the grades given for this batch .
Just under $800 and a 3 month wait for this crap.
Title: RE: MS68 My Foot
Post by: robbiegal on June 15, 2016, 01:03:11 PM
I think pcgs allow spots
I have seen far too many over the years for that not to be the case

it does look specimen - perhaps they though the rims and spots made it less a SP grade but still a high grade MS ?

but just because the coin was in a red case doesn't mean that dealers don't exchange them

I bought some the other day and the dealers said to be careful and check for that having happened as it is quite common
Title: RE: MS68 My Foot
Post by: trout on June 15, 2016, 01:21:41 PM
Quote from: 'robbiegal' pid='90724' dateline='1465961591'I think pcgs allow spots
I have seen far too many over the years for that not to be the case

it does look specimen - perhaps they though the rims and spots made it less a SP grade but still a high grade MS ?

but just because the coin was in a red case doesn't mean that dealers don't exchange them

I bought some the other day and the dealers said to be careful and check for that having happened as it is quite common

I think that you will find that these "Spots" are actually pits in the metal.
I can tell the difference between a Specimen cook and a standard coin from across the room even with my dodgy old eyes.
and the coins I sent were all defiantly Specimen strikes.
I think I covered this "Pitting" in another thread not long ago regarding the plastic in the red cases these coins were issued in causing this corrosion on the coins :ok:
This coin is defiantly NOT a high grade coin at all it is damaged and as such is only really worth the 50c face value.
I may just send it to AJ so that he can claim against PCGS for wrongly grading the coin and reimburse him for the $280 (Bluesheet value) that he "Paid" for it :diablo::)
We could certainly have some fun with that and it may give us an insight as to how the PCGS guarantee stands up :)
Title: RE: MS68 My Foot
Post by: stevo1962 on June 15, 2016, 01:21:56 PM
Quote from: 'Incused' pid='90710' dateline='1465957325'i have a batch with pcgs with their received date 01/06/2016, so just wondering how long to wait. Probably 1-2 weeks more from my past experience.

Welcome to the forum incused to answer your question .you could be waiting for months.Check out the current grading times  http://www.pcgs.com/services/

 Anyway on another note show us your incused
Title: RE: MS68 My Foot
Post by: r9453 on June 15, 2016, 01:43:13 PM
Quote from: 'stevo1962' pid='90728' dateline='1465962716'Welcome to the forum incused
Anyway on another note show us your incused

Yep, :welcome:

and yep, show us yer incused :yahoo: :ok:
Title: RE: MS68 My Foot
Post by: Incused on June 15, 2016, 02:39:40 PM
Hi All

Unfortunately my best incused is only MS63. I might put the pic later when I am home. I am looking without any luck for a higher grade incused 50c for some time now.
Title: RE: MS68 My Foot
Post by: stevo1962 on June 15, 2016, 02:50:01 PM
Quote from: 'Incused' pid='90732' dateline='1465967380'Hi All

Unfortunately my best incused is only MS63. I might put the pic later when I am home. I am looking without any luck for a higher grade incused 50c for some time now.

That's not a bad grade and I dont think there are too many graded higher.I am yet to see evidence of an MS65
Title: RE: MS68 My Foot
Post by: r9453 on June 15, 2016, 03:05:41 PM
Quote from: 'stevo1962' pid='90733' dateline='1465968001'That's not a bad grade and I dont think there are too many graded higher.

:i_agree: the pop report is still a work in progress, I think. A few weeks ago there was an MS67 and 3 x MS66. Some of these may not actually be incused:

(http://www.australian-coins.net/gallery/albums/userpics/11093/Capture525195.JPG)
Title: RE: MS68 My Foot
Post by: Incused on June 15, 2016, 03:57:15 PM
There was one MS67 for sure and three MS66.

They are either attributed Incused MS67 to normal 50c and someone pointed it out to them later on or someone send his MS67 to be officially regraded and got it back in a lower grade. I believe the latter is unlikely, so must be the first scenario.
Title: RE: MS68 My Foot
Post by: Unicorn on June 15, 2016, 04:12:50 PM
Good to see you posting Incused! :good:
Title: RE: MS68 My Foot
Post by: r9453 on June 15, 2016, 04:23:05 PM
Quote from: 'Incused' pid='90736' dateline='1465972035'I believe the latter is unlikely, so must be the first scenario.

Someone told me he sent back "several" that were mislabeled as incuse but he didn't say what grades they were. I don't think they would change the attribution unless they had the coin in hand.
Title: RE: MS68 My Foot
Post by: nealeffendi on June 15, 2016, 10:31:35 PM
Quote from: 'trout' pid='90703' dateline='1465949296'
Quote from: 'ausjack' pid='90701' dateline='1465948229'Yes I doubt very much if you resubmitted it to get it SP attributed it wouldn't get 68 so lave it as it is :winkextra:

I didn't "vet" this coin properly before I sent it to PCGS and if I had noticed that corrosion I would not have sent it.
That being said PCGS should have "Boddybagged" this as details environmental damage and most certainly NOT given it a 68 grade as they have.
The corrosion is quite noticeable and I should have spotted it but I just chucked 4 coins onto the submission in a hurry to fill it out a bit.
I will have to crack this out when it gets here and chuck the coin into my change jar because there is NO way I would sell this and try to pass it off as a MS68 coin.
Don't crack it out. Keep it as a demonstration piece to show the adage Buy the coin and not the slab. It would also serve to show to others how poor storage can ruin what would have been a worthy MS68. And edit to add that yes perhaps you should arrange to test their guarantee. I wouldn't expect to get Bluesheet value though as compo, some of the valuations they use are very low (like 600USD for a 1921M threepence in MS66 when the Bluesheet is 3,400AUD or over 4 times more)
Title: RE: MS68 My Foot
Post by: trout on June 15, 2016, 10:40:33 PM
I have had many miss attributed coins come back from PCGS and other dramas But this is the first coin out of over a thousand I have had graded that has been so badly graded.
All the rest have been graded pretty accurately and I am struggling to understand how the idiot that graded this Cook missed all that damage on the coin .
Title: RE: MS68 My Foot
Post by: ausjack on June 16, 2016, 03:56:18 PM
Quote from: 'trout' pid='90727' dateline='1465962701'I may just send it to AJ so that he can claim against PCGS for wrongly grading the coin and reimburse him for the $280 (Bluesheet value) that he "Paid" for it :diablo::)
We could certainly have some fun with that and it may give us an insight as to how the PCGS guarantee stands up :)

But didn't I pay you (http://i64.tinypic.com/30u5xd5.jpg)
 :angel: :laugh2:

:welcome: incused
Title: RE: MS68 My Foot
Post by: runway on June 16, 2016, 10:29:30 PM
Who submits your coins to PCGS trout ?
Title: RE: MS68 My Foot
Post by: trout on June 17, 2016, 10:36:32 AM
I emailed PCGS and quoted the order number regarding this coin before it had been posted back to me .
In a subsequent email I was informed that the reader had "Missed" seeing the order number that i had provided and that the coins were now in the postal system

QuoteHi Jim,

For cert 80663307, you can send this on its own submission form to my attention and I can have it re-reviewed. I just spoke with our Grading Room Manager and reviewed the order in our system, multiple graders, including a senior grader/verifier reviewed the coin and agree on the grade. If you do choose to send it back in please let me know the submission information and I will review it once it gets here. I also placed an alert on your account so that our Receiving Department will contact me once the cert is in-house.
All that is needed is for them to view the trueview image of the particular coin and they should spot their mistake instantly, Without me having to go through all this BS :dash1:

Seriously, why would I even bother to send this back and waste more of my time and money when they had already had the opportunity to rectify this and couldn't be bothered to at the time :angel:

I was also informed that there was NO Captain Cook coins ever graded as SP by the same person,Who just happens to be the Customer Service Manager for PCGS. :dash1:
Title: RE: MS68 My Foot
Post by: ausjack on June 17, 2016, 10:54:11 AM
WTF, so now they're saying none have been done or the person who graded them has never done SP. Funny that the two you got done for me both have SP on them, I know it's not hard to get me confused but I'm confused :scratch_one-s_head:
Title: RE: MS68 My Foot
Post by: trout on June 17, 2016, 11:00:31 AM
Quote from: 'ausjack' pid='90922' dateline='1466126651'WTF, so now they're saying none have been done or the person who graded them has never done SP. Funny that the two you got done for me both have SP on them, I know it's not hard to get me confused but I'm confused :scratch_one-s_head:

Mate I have had more than 20 graded at SP :dash1:
The person that told me that these don't exist is either ill informed or is simply lying, either way I'm NOT impressed .
Title: RE: MS68 My Foot
Post by: trout on June 21, 2016, 05:24:28 PM
This coin is now back home and I have taken some images.
At a quick glance this would pass for a MS68 coin but if you look closely at it , You soon find that it isn't.
I picked these problem areas out from the PCGS trueview images before the coin even got home.
Here are the images, You decide :ok:

(http://www.australian-coins.net/gallery/albums/userpics/10019/crook_cook.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/crook_cook1.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/crook_cook2.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/crook_cook3.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/crook_cook4.jpg)

(http://www.australian-coins.net/gallery/albums/userpics/10019/crook_cook5.jpg)
Title: RE: MS68 My Foot
Post by: echidna on June 21, 2016, 08:18:51 PM
That green stuff looks aggressive.