PCGS Webinar - Coin Grading 103: No Grades

[@raymondbrown940]

While I completely disagree with some of the decisions PCGS has made on what to grade and not grade, I do appreciate the fact that PCGS is very up front about their decisions and provide this video to explain the reasoning behind their decisions. Thank you for the video.

[@alexgourdine4895]

I'm a novice at coin roll hunting, having only picked up the hobby a few years ago. I wanted to thank you for all the information you've shared here as it's taught me so much more than I was aware of prior to watching this video. I have subscribed to your channel as a result, and do believe I have much to learn watching your video's. Thanks again!

[@margaretstoner4701]

DEAR sir. I was on 101 I believe and I seriously loved the KNOWLEDGE. AND THANK you gentleman for the 55 minute of KNOWLEDGE. This is the hardest occupation in.the world. Well done.! EXCECTIONAL VIDEO OF KNOWLEDGE! ❤

[@OldcoinsOOIOoldcoinscompany]

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[@samabrahams7687]

Anyone wanting to get better at grading needs to watch and re watch this take it all in learn invaluable information

[@ParkayCollecttibles]

I just got Done watching this Video Between switching put parts on a Fanuc Series Oi -MD at work it Literally made my Day learning and getting Paid at the Same Time

[@OldcoinsOOIOoldcoinscompany]

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[@misterTVman]

You'd be surprised how many people would still buy many of these coins even with their "damaged" surfaces. Many of these coins are still great examples for a much more affordable price. Grading isn't everything for all coin collectors, especially the younger generation.

[@keithsparling5537]

Isnt it better to "have one"? Even in rough shape, you can always improve in time... it helps to complete runs...

[@OldcoinsOOIOoldcoinscompany]

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[@basemadel2843]

معي دولار سلام اريد بيعه

[@CKBBonitabeachbum]

I've been watching alotta videos of people getting coins back from grading @ pcgs,as I'm waiting on my 1st batch I sent off .I'm hoping for some good grades, w/ none coming back ungradeable .I even sent off a 2cnd batch for grading,a couple wks ago.This video was reassuring of pcgs' grading quality.

[@elizabethjack595]

Thank you so much for sharing your experience and skills so helpful and God bless

[@OldcoinsOOIOoldcoinscompany]

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[@Ontario100]

These videos are always worth your time. Thanks !

[@OldcoinsOOIOoldcoinscompany]

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[@keithhaynes5348]

If I may; im not a big fan of grading, and im in tha minority that abhores PCGS. I think tha graders should not be able to grade by memory. Tha way ive been doing about it is using Coinfacts photograde as a grading set. I think all TPGs should have a unified moral set of guidelines and a solid grading set shared by all involved. For homie that got fucked in tha rear last night, my man graded 2 whole grades lower, because 1)at tha moment, he was uncomfortable and 2) that fuckin coffee is crack! Graders carry alot of bias and theres too much liberty taken with so much money at risk.

[@kovacskovacs3465]

+ PCGScoin - You mention that the overarching grading philosophy allows buyers to purchase or trade coins _sight unseen_. The idea is nice, but in practice, PCGS net grades for negative eye appeal specifically for fingerprints. For instance, if I were to compare a slabbed MS-64 coin and an obviously fingerprinted coin that's toned over with the same grade, how would the buyer treat the two? In most cases, I would say that the former is preferred over the latter. In fact, the idea of body bagging heavily and darkly toned coins based on subjective eye appeal is iffy at best. There's no real damage to the coin and the only thing that would prevent it from receiving a proper grade may simply be a minimal amount of conservation.

[@jacobf7409]

Kovacs Kovacs I think sight unseen trading really sucks

[@OldcoinsOOIOoldcoinscompany]

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[@Chewy_GarageBandDad]

So let me grt this straight. If someone Sends you a coin to be graded for there collection you wont grade it because its too hard to sell and collectors just dont want them in their collection? That makes no sense. What am I missimg? What if the person wants it graded FOR HIS COLLECTION anyways? What if he has a buyer lined up already that wants this coin in their collection but will only buy it if its graded and packaged? You literally said "even if we grade it and give it a 61 and bag it...no one will want it in their collection.". This sounds like opppresion or exercise of power more than anything else. And if I pay hundreds for your course....what do I Get? Knowledge? Or as a coin buyer/seller will I then become a soecialiist that is allowed to grade coins? Or are you hoping enough people continue to purchase your extended course for the sale of knowledge so you can continue to keep your doors open during a time of uncertainty as you see yourselves becoming less relevant?

[@OldcoinsOOIOoldcoinscompany]

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[@jeffburney89TEN]

I'm relatively new to collecting and all things coin but I'm a quick learner. My collection is already ok for he amount of time and money I have had(very little). Get use to seeing me more often.

[@petermiller5241]

Sir these videos are great help. Trying to get my coins ready to send in at the first of the month when I get the money. I've been using the coin tape on the coin holders.. I'm just learning but I'm trying to put as much detail about each coin holders as possible. But I believe I can fall in the program and get it done.

[@jaimerodriguez3559]

I do have the Morgan dime from 1921 of silver

[@TomTheEnglishPicker]

This is a fantastic video. I was nervous about submitted coins because its alot of effort to do so from the UK, but this video helps me a lot. Thanks

[@OldcoinsOOIOoldcoinscompany]

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[@cecilepetrivelli5309]

Thanks 🙏🏽 for letting me know! I have few of rarest coins 🪙Most of them are Wheat Pennies from 1930-1955

[@lydiadelfino2412]

My name is Lee , O have a lot of coins ,wheat pennies war nickels and other coins. I would like two sell at a good price .There are not graded yet. How can I get them graded. Please let me know. Thanks

[@raymondarmstrong1700]

The thing I don’t understand why do you use old coins that most people don’t see them old coins anymore? Just asking!

[@MrWolfman1213]

If I have a 2022 Washington quarter And it looks goldish color instead of the shiny silver ones is it worth anything

[@TomByron-h7s]

I bought a lot of 4 liberty head nickels. They were in pretty bad shape. Lol. I still have them. They're antiques. That's the way I look at it

[@OldcoinsOOIOoldcoinscompany]

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[@MB-tj8un]

what is PCGS recommended cleaning solution/method to remove built-up dirt and or fingerprints?

[@janetlacelle55]

ARE YOU SELLING THE 1942 S NICKEL ? AND HOW MUCH ?

[@ciffenwealth]

i do collect coins, but why need grade if somebody could bid it in a higher price out there

[@melast7937]

I would love to add that chain or flowing hair coin to my collection

[@RonsTruth]

If only the graders would watch these videos. I've several examples of poorly struck coins with MS66/67 grades. Mostly foreign, which they don't seem to know what a well struck coin should look like.

[@michaelandrews8944]

These newer zinc coins have all kind of grease,chemical spots (not carbon spots black) i got high ms coins that have blueish looking spots not including blisters on both sides but a very beautiful coin!!

[@coincollectingfun]

Crushed the like button and thank you so much for sharing!

[@prophetforprofit1431]

I resently purchased a 2021 MS 70 silver eagle type ll and the rim looks to have been struck by the press because it has sharp edges and is curved a bit yet it was graded by ANACS grading is this a problematic coin?

[@OldcoinsOOIOoldcoinscompany]

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[@noloferratus]

What if you have a coin which was mounted to a chain but no attempt was made to hide the mounting other than cutting the mounting ring off?

[@PCGScoin]

In regards to Jewelry pieces we have the following no grades all under damage: Mounted, Mount Removed, and Ex. Jewelry. We also have pieces that fall under the categories of repaired, edge repaired, and cleaned that all could have been ex. Jewelry pieces.

[@patchrat1]

Very informative thanks a bunch

[@Brooklyn4life5911]

Anyone with advice on how to remove PVC corrosion from silver and copper coins? I have one each with this. What is the advice he is speaking of? Thanks. Great Vid!

[@keithhaynes5348]

Probably thinking of acetone. But also like dipping, u really only want to treat mint state only, no altered surface coins.

[@OldcoinsOOIOoldcoinscompany]

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[@Gloria-wp9ix]

On a good day i can find so many coins of what I have that I been wanting to ask about to see value but afraid to show or talk about

[@jameswatzke8602]

How much is the 1944 s wheat penny worth

[@santhanamsethu2531]

India .. Where is your office in India

[@gregadams5642]

i have a 1823 half cent which i beleive has xf details or better but has been artifically colored red should i get it graded

[@OldcoinsOOIOoldcoinscompany]

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[@bensmith3581]

If you're a sharp numismatist you recognize that war time Jefferson (42:10) as a Henning nickel 😉

[@OldcoinsOOIOoldcoinscompany]

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[@lawrencetalley7962]

Yes I got back a 1969s genuine XF(98 damage) on I am trying to see if it worth anything!

[@OldcoinsOOIOoldcoinscompany]

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[@dennisgareau7259]

Excellent job

[@rogerleasor4242]

All my coins are in excellent condition condition but I don't care to listen to someone coming up with excuses why the coin is not mint condition and can only pay a lesser value I got over 100 wheat pennies the oldest is 1911 wheat

[@PGCoinworld]

Good sharing ❤️ thank you sir 👍

[@donz17chanel47]

How much 1972 1piso

[@dalecannoy1874]

What about cleaning so you can see the ment errors that you wouldn't be able to see otherwise

[@OldcoinsOOIOoldcoinscompany]

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[@coincollectingfun]

Great information! Liked and subscribed!

[@kenstreet1769]

Hey! Watch this video, It's well done short version on coins.. informative!, nice job!

[@ellenmusanjeya8222]

I found a 2005 Roosevelt dime with 2 Ps. The second one is wedged just on the edge of his neck. Its kinda thick and pulled a bit, but its there, loud and clear. I wonder if that makes it rare and valuable. Its not a very good grade though.

[@OldcoinsOOIOoldcoinscompany]

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[@SacagaweaCoin]

Found some off color 2000 Sacagaweas in and posted them in 2014 now nearly 1 million viewers

[@bcs5563]

pretty annoying that when he goes through the counterfeits at the end he doesnt explain it...

[@billb89]

Will you grade an error coin with Machine Doubling?

[@OldcoinsOOIOoldcoinscompany]

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[@rosagomez6972]

Nesecito informacion para certificar monedas de trigo

[@coinzphilly]

Grading is subjective

[@OldcoinsOOIOoldcoinscompany]

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[@JohnBritton]

I have a penny that has some dried glue in the reverse side if it is there a way to remove the glue with out damaging the value its a 1941 no mint mark the front is in good condition some one glued it to a board I think I got it at work ounce

[@KirksCORNER-1983]

water and pick at it with your nail but with latex gloves on..

[@KirksCORNER-1983]

Should sofen up and start coming off, without really scratching it.. *HOPEFULLY*. Or use some olive oil, or white distilled vinegar. CLR should take it right off without damaging it also.. just put it over the glue part and after 2 minutes leave it under the water and pull it off carefully..

[@JTCoinRings]

Excellent video

[@OldcoinsOOIOoldcoinscompany]

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[@freekingawwsome]

@PCGScoin thank you for the share

[@OldcoinsOOIOoldcoinscompany]

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[@TrustYeshua4Ever]

reason why they started reeding the edges was to try and prevent theft

[@nickgonzalez405]

Prevention of counterfeit I thought

[@OldcoinsOOIOoldcoinscompany]

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[@Mrgrumpypants84]

Where do you even find coins cheap enough to still be worth paying to grade? All i see is high priced coins that are raw and priced at ms65 prices all over the place. Must be a rich mans hobby i guess. auctions, online, in the store everyone wants more than the coin will be worth 10 years from now.

[@kloDiA1966]

قناة رائعة وفقك وشرح مميز إذا كنت

[@OldcoinsOOIOoldcoinscompany]

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[@jeremywindham1373]

Very good to have watched this as i am new to coin collecting.👍

[@OldcoinsOOIOoldcoinscompany]

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[@michaelscoglietti269]

Counterfeites from Canada. 1922 NO D & a 1908 S Indian Head

[@paulpantig8742]

I have a coin with circular lining

[@mikepict9011]

I have a Morgan being sent in and it has a scratch on the breast feathers about a mm same on the face . It looks incidental but more . More then a bag mark no where near vandalism. I hope it doesn't get a genuine

[@grizzlygrizzle]

I have a collection of mangled coins sorted out from junk silver. It's an amusing collection. One looks like it was shot with a BB gun pumped up to the max. One was apparently embedded in asphalt pavement and driven over for years, with some small pebbles imprinting into the silver (and that aged asphalt was a bitch to get off). A few look like they were stored in Drano for a while. A Franklin half-dollar has the edges knurled over, as if someone tried to make a ring out of it by hitting it with a spoon, in order to make a finger-ring out of it, but lost patience (that was a "thing" in the 60s). Maybe I'll try to sell it on E-bay as "The Mengeles Collection."

[@michaeldowden9196]

What do you use to clean your coins

[@michaelandrews8944]

If this is a joke ,I'll play along with it ,for one you should never change a coin ,but if you want to use distilled white vinegar and a little table salt and soak it in bowl !!

[@michaelandrews8944]

I mean clean.. not change sorry.

Hello great video thank you for sharing👍

[@OldcoinsOOIOoldcoinscompany]

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[@davidjohnston7737]

i have a 1945 S full steps and i believe it is mint state ,just needs cleaning? dont worry im noyt going to cean it !i think its top grade especially for 45

[@silvercoins844]

HAHA the coin at 45:55! FAKE

[@owenhewitt4154]

Nooo really?

[@petermiller5241]

Sir all the coin I got so far from the bank .I always use gloves. I put the key dates and errors and a coffee can cleaned. Better ones I put straight in the clip. I don't like mixing up but I have to do that cuz I staying at the moment and then take the ones back to the credit Union they have coinstar . very convenient. but I perfect it as I go.

[@johne3442]

Very nice video, thank you!

[@OldcoinsOOIOoldcoinscompany]

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[@dastiles1]

This is a another great video.

[@OldcoinsOOIOoldcoinscompany]

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[@phrenzy1]

I wonder if they would grade an ex-mount? Would it just get a lower grade or would it be sent back as a details coin? Obviously filing to doctor it as mentioned is a no go, but some ex-mounts aren't that bad really and in a slab you could almost not see it vs z coin you can pick up and view side on (that might be a potential problem). If it's not too bad a solder job I think formerly mounted coins can be excellent value if you went something really rare you might not otherwise ever be able to get and the way you would view it 95/100 times the mount is barely a problem. Obviously an ex mount isn't a first choice but if it makes an otherwise $20,000+ coin $1200 then it might be worth a shot

[@scottluczak7560]

Now imagine getting that coin off EBAY and not knowing this...

[@Brooklyn4life5911]

This is a fantastic video. I was nervous about submitted coins because its alot of effort to do so from the UK, but this video helps me a lot. Thanks

[@danielscarbrough3432]

I’ll tell you some of them I would not have even known they where bad . and then would have been stuck and I had some of the gold 1908 Indian wow after seeing this now I’m worried because I like them and I would go around and try picking them in graded now wow but they been stolen along with lots of others . Oh well good knowledge to have. Cool thanks

[@OldcoinsOOIOoldcoinscompany]

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[@cruzvera2326]

I'm also having a good 1944 I'm not going to keep it

[@user-cv5kq9hy7x]

អរគុណបានជាវ

[@wynnolson4172]

Thanks, informative.

[@OldcoinsOOIOoldcoinscompany]

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[@Billysmailbox]

I have a 1974 with No mint mark

[@montydaniels1054]

I see there's a Part 2. I'll watch it.....

[@OldcoinsOOIOoldcoinscompany]

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[@RobertoHernandez-jm1bf]

I need to renew my member

[@PCGScoin]

Hi Roberto, you should be able to renew in your account. If not, Customer Service can assist you with that. You can reach them via [e-mail]

[@rooseveltgreen1276]

what about a coin with a heart design and I LOVE YOU inside of it by mint

[@phrenzy1]

How does scrubbing with a wire brush simulate an MS coin? That seems like a way to garuntee that a coin won't look mint... It's a shame that there's no way to grade period chop marks, I really like the more detailed ones on the old Japanese yen.

[@OldcoinsOOIOoldcoinscompany]

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[@josecintron6659]

No date on my native American dollar coins

[@arvindbaroliya1598]

Vectoria ceo 1891 inda Britain coin vellue

[@arelispino1683]

Buen día esa la tengo 1968

[@sandykumari7207]

Hi

[@coinshow9842]

good tips!☺

[@shawnsmith9512]

put details grade in 2008, now causing more work for all collectors of early US coins.

[@OldcoinsOOIOoldcoinscompany]

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[@thatoneguy7191]

A lot of these no grades are extremely harsh, good grief

[@TW1CE295]

2007alzebit two 20 p

[@colejosephalexanderkashay683]

Feeling sad for the Questionable Color IHP's out there rn

[@OldcoinsOOIOoldcoinscompany]

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[@mariosergiosantosoliveira2659]

Brasil

[@desireeluna8157]

How much for a hong Kong 1994 one dollar coin

[@jacobf7409]

Basically nothing

[@jettaphillips5023]

@@jacobf7409 I don't know why this made me laugh so much

[@KirksCORNER-1983]

I have a counterfeit penny from the 90s

[@grizzlygrizzle]

Who TF would go to the trouble of counterfeiting a coin whose face value is roughly equivalent to 1/8" of a 2x4?

[@jarrodjoyce6892]

JARROD Rod Joyce from PELICAN La, 🙏👍💩👀

[@ridgerunner7980]

too complicated for me. i enjoy my coins but damn..i got other stuff going on.

[@OldcoinsOOIOoldcoinscompany]

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[@ascensionalliancehawaii]

Good to know information but if you can't grade it or provide that service a refund in payment should be made if not that's theft. I think the coin collectors dictate the prices and value ultimately. Some gravitate to flawless coins while a heep of people gravitate to error coins driving the error coin value up. We've all seen doozy looking coins graded high selling for thousands 😆 in the end the value of anything is determined by how much anyone is willing to pay for it.

[@OldcoinsOOIOoldcoinscompany]

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[@emilygaza6907]

"This coin has two sins..."

[@melaniesherlock2813]

Thompson Lisa Davis Dorothy Brown Maria

[@alfredoorepart1533]

#@my (2) mercury Dime is 1942W,, 1944

[@steveshelby2465]

B

[@ramoshurgaia7651]

👍👍👍🙏🙏🙏Good job🙏🙏🙏🇬🇪🇺🇸🙏🙏🙏🤝🙏🙏🙏

[@Myorbart]

Duhhhh or aaaaaaaa ahhhhhh Jesus enough ahhhhhhs and daaaaaaas of ahhh Daaaaaaa

[@ryanfour1349]

If I’m paying for my coin to get graded grade the damn thing I don’t want to hear ur excuses