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My $10,000 PCGS Fail Unboxing: Learning Lessons On Grading Problem Coins 

Treasure Town
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28 окт 2024

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Комментарии : 160   
@Shawn47
@Shawn47 4 года назад
Genuine - Not Gradable doesn't really make any sense. If it's genuine, give it a grade!
@silvadelshaladin
@silvadelshaladin 4 года назад
Anacs does -- The big 2 don't. It should be like AU 53 light scratches, moderate scratches, heavy scratches as opposed to be au details graffiti.
@Card_Asylum
@Card_Asylum 4 года назад
Exactly. I've always said that.
@silvercoinedge8228
@silvercoinedge8228 4 года назад
That Japanese coin, as soon as you showed it, the graffiti jumped out. Some idiot had attempted to put their name on it. The Grant Half Dollar was blatantly cleaned as well. Quite a few of those pieces shouldn't have been sent for grading really, but you live and learn. Even expensive mistakes have positive consequences in the long run. At least your coins have been confirmed genuine. That Dutch gold coin was a beauty!
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks! And I agree, something where I need to learn and show that process off to other people so they don't lose the money themselves when going to grading.
@lincolnmicrophonellc
@lincolnmicrophonellc Год назад
I appreciate being able to learn from the experience and it'll maybe help more out in the future. Thanks!
@johnpeek827
@johnpeek827 Год назад
Thanks for this video Christian. Beautiful gold from the Netherlands. Everywhere one looks, coin dips and even the suggestion of using acetic acid and baking soda are presented right along with coin listings and values. Unfortunately, these tips seem to give the "OK" to "clean" and are misguided. If you understand the chemistry, its a no-brainer.
@Bitisrhinoceros
@Bitisrhinoceros 7 месяцев назад
@@TreasureTownCoinshow much does grading cost is it per unit? Or per hour of labor?
@davidfriedline7525
@davidfriedline7525 Год назад
Thanks for teaching me a lot on the grading process !
@jeffw1267
@jeffw1267 3 года назад
4:00 Not only is there a large gouge near "AMERICA" on the reverse, but there's a scrape above the eagle's head that obliterates one star and wipes out about half of another. There's some serious gouging under "STATES" as well. Gold coins are soft and prone to this damage and sometimes the graders will let one instance slide. I think because there are THREE separate damaged areas on the reverse, it moves the coin into "Details" category. Luckily this coin is very popular and there will still be multiple buyers for a Details example.
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Gotcha! Thank you for your explanation.
@bostonstacker6811
@bostonstacker6811 4 года назад
Nice, you got above your target. Congrats.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks!
@evertola3598
@evertola3598 4 года назад
This is glorious, I been tryin to find out about "what coins are best to collect?" for a while now, and I think this has helped. You ever tried - Wonenry Sonucas Approach - (just google it )? It is a great one of a kind guide for uncovering a proven options trading method to get fast results minus the hard work. Ive heard some pretty good things about it and my friend Sam at very last got excellent results with it.
@shepirate4651
@shepirate4651 3 года назад
I'm about to unbox my 1st PCGS Submission! I watched yr video to get pointers on how to film! Great vid 👌 👍 👏
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Glad it helped!
@margaretmcleod8808
@margaretmcleod8808 4 года назад
I LOVE you young man thanks for your videos and for teaching someone your mom's age a thing or two always smile and dance life is too short so live it ONE LOVE ALL LOVE
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Thank you!
@glanyan5462
@glanyan5462 2 года назад
Fun video, to watch the actual reveal with you. Good video!
@edbooth946
@edbooth946 4 года назад
Thanks for a different perspective on graded coins.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
For sure!
@moderndaypirate8931
@moderndaypirate8931 2 года назад
Man, thanks for the video. I noticed there’s a bunch of people on EBay that clean Morgan’s. Drives me nuts
@bettydoughtery3920
@bettydoughtery3920 4 года назад
Lessons learned. Thank you.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
For sure! Gotta be careful.
@nickhueper2906
@nickhueper2906 4 года назад
That Colorado Quarter is really cool
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Right on!
@rintintinification
@rintintinification 4 года назад
Sorry about the couple of misses, but that's how this goes. I think you handled it well. One minor comment for future disclosures is to hold the label with the grading info steady on the camera for a moment because we all want to see that closely. Great video as usual. I especially like the focus videos on a single coin, those are very educational.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Sounds good. I've already filmed my next 3 or 4 grading unboxings (unfortunately since I'm at school I can't film right before I upload) but in about 6 months I will have corrected it!
@RealAntek
@RealAntek 4 года назад
At least you still got above the target 🎯
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Right on!
@kdi9049
@kdi9049 4 года назад
Right side of coin has a gouge in it on the 1853... eagle side... idk how u dont see it.
@johnnylapsick6826
@johnnylapsick6826 3 года назад
Yep.. I saw that also but didn’t know if it was a part of these dates. It’s a vertical gouge just to the left of the R & I ....
@overmountainminis6724
@overmountainminis6724 4 года назад
"Da-lon-a-gaa" I had problems pronouncing it until I visited a friend that lives there Glad I run across your video, it helps me for sure decided what and when to send to grading
@jeffnelson1672
@jeffnelson1672 Год назад
This caught my ear too. Perhaps a better phonetic representation would be "Duh-LON-uh-guh." I have a little vial of flakes I panned out of a sluice there - seeded for the tourists, of course! Pretty part of Georgia. But this guy does know his coins!
@martinneps9387
@martinneps9387 3 года назад
How many coins do June send and how much did it cost to get them graded please comment back thank you very much
@b.anonymous8120
@b.anonymous8120 4 года назад
Learned a lot ... really like the gold coins, even if they are damaged coins. Hate those genuine, not gradable coins!
@timothyadams2996
@timothyadams2996 4 года назад
Very informative!
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks!
@Bobby_Da_Barber
@Bobby_Da_Barber 4 года назад
Would it be the damage around the rim on the large gold coin?
@nativewarrior2619
@nativewarrior2619 3 года назад
Awesome content thanks for the upload!!!
@collectorguy4379
@collectorguy4379 3 года назад
Your Grant with that scuff on case does detract unfortunately. On the $20 gold it looks like a gouge near 'America' - though nice coins.
@singlesideman
@singlesideman 2 года назад
The amount of inflation that the huge 1912 ¥1 silver coin demonstrates is mind blowing. It's the size of a US silver dollar from the same period. One yen is worth less than one cent, 0.85 cents to be precise, today, March 12, 2022. Unbelievable.
@TreasureTownCoins
@TreasureTownCoins 2 года назад
Absolutely. It is shocking.
@Drallblackrugbyplaye
@Drallblackrugbyplaye 2 года назад
There is a PCGS post where a dealer rates a coin. PCGS uses it as an educational lesson to the dealer. He gets about a 50% rate of accuracy.
@ultrahighreliefcoinrollhun9623
@ultrahighreliefcoinrollhun9623 3 года назад
Hey TT, how did you send this mix submission? As world coins? Regular? Modern Value? Errors Attribution? Did you specified the quarters as errors missing clad or PCGS does it and then charge you. Can you make a video submission of modern coins for regular gradding and at the same time sending some errors for gradding? in the same submission? Thx.
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Would be helpful - these were different groups of coins.. some world, some better US, had to specify the quarters as special
@Ontario100
@Ontario100 4 года назад
Thanks for sharing ! Nice group of coins. 😀
@rockysramblings
@rockysramblings Год назад
Nothing worse than getting a details result.
@timothyloyd3802
@timothyloyd3802 4 года назад
Just b glad you are able to do this. Lucky you man. Great video
@TreasureTownCoins
@TreasureTownCoins 4 года назад
For sure! Super thankful.
@iceresistance
@iceresistance 4 года назад
Rather not grade any problem coins, they are not worth it at all. You should have them restored by NGC, they might help some things out.
@mikex88x
@mikex88x 3 года назад
Concidred damaged because its a abbrasive cleaning not just a dip whatever they used altered the surface can see it in the fields and thats why ur not seeing no damage nice coin tho
@phillipthiebjord
@phillipthiebjord 4 года назад
It is not easy to grade coins. Not to mention it’s subjective. Considering this, you did alright. Thanks for sharing.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
I appreciate it! Thanks
@Wi-Fi-El
@Wi-Fi-El 3 года назад
It would probably be my dream job to work at a coin shop. I'd be happy to sit in the back room all day and sort coins and bills. The only problem is that I might spend my whole paycheck on silver
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Hahaha fair!
@NumisCanadawithBruce
@NumisCanadawithBruce 4 года назад
Some fascinating coins. I have been looking for a graded 1962 Half Dollar even that one is great.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
It's definitely cool looking!
@kevinp5566
@kevinp5566 2 года назад
on the first coin, you said you "dipped" it. What is that exactly?
@dastiles1
@dastiles1 4 года назад
I liked the error state quarters very nice.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks!
@don951
@don951 4 года назад
Details grade always sucks. Some of these were obvious however. I understand the high value stuff is worth getting graded regardless, however I would really examine everything under a loupe so you can set your expectations right. First time seeing you -- love the content.
@lucky61967
@lucky61967 3 года назад
I didn’t realize that the Colorado coin is worth so much money and that’s a lot of money you went from 5975 right up to 6775 that’s a huge jump nice coin
@NandiCollector
@NandiCollector 3 года назад
*I just love to see gold coins! Nice video mate. :)*
@fiatdestroyer9716
@fiatdestroyer9716 4 года назад
Wow, some brutal reality there!🔥🔥🔥
@TreasureTownCoins
@TreasureTownCoins 3 года назад
I think it was fair, but a good lesson!
@texaslockpicker7123
@texaslockpicker7123 3 года назад
Is the ducat still available?
@tom_morgandealer_pgh1648
@tom_morgandealer_pgh1648 2 года назад
DANG those gold peices looked fine to me. arent those quaters like 25 50 buck i think you added them as like 200 dollars. still worth a shot on gradeing that stuff keep up the good work.
@maxshiraz3447
@maxshiraz3447 3 года назад
"Genuine Not Gradable" are words you never want to see
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Definitely.
@Samscoinsandheavymetal
@Samscoinsandheavymetal 2 года назад
Ducats are Netherlands .. I have a 1615 1 ducat which is 0.11 oz t so 1/5 ducat is about 0.03 t oz My coin is in a NGC AU55, and it’s actually the finest known lol …. Still it’s only worth probably $300
@peachy-tay
@peachy-tay 4 года назад
cool video, sorry about the grades! question though, how or where did you find those quarters? in circulation or did you buy from someone?
@TreasureTownCoins
@TreasureTownCoins 4 года назад
They were from another collector. And thanks!
@ronduncan634
@ronduncan634 4 года назад
I've only been collecting 11mths and I KNOW BETTER. WOW!!#!
@JamesSmith-dp3sf
@JamesSmith-dp3sf 4 года назад
I don`t . have graded coins. Very nice coins. I enjoy your videos.
@saganworshipper6062
@saganworshipper6062 4 года назад
The damage on the $20 gold coin is probably the gouge below the R in America on the reverse.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Right on.
@randcnumismatics2130
@randcnumismatics2130 4 года назад
The 1853/2 Damage is a cleaned coin with some residue it appears. Nice coin either way, variety gold is awesome The one dollar gold right after is definitely damaged where you pointed another amazing coin being Dahlonega. Very cool stuff! Love the coins in the video and great editing!
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Thanks! I appreciate it.
@Samscoinsandheavymetal
@Samscoinsandheavymetal 2 года назад
Wrong - Residue would come back in a body bag - it probably was repaired ex jewelry piece .. you don’t show a good enough closeup for a long enough view. Check 9:00 and 3:00 or 12/6 for possible removed mounts Possible holed and filled or possibly filed rims even though there is a separate code for filed rims it’s considered a type of damage If it had residue they’d return it in a flip so you can get the residue off the coin before it further destroys the metal
@schmitzcj
@schmitzcj 4 года назад
I really like those quarters.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
They're neat!
@Wess-S
@Wess-S 4 года назад
OIG released a report about a day ago on our deficient our mints are running. 7:05
@DougSimpsonDDS
@DougSimpsonDDS 4 года назад
When you say you dipped the coin, what are you using? Thanks.
@inhishonorinfinityx3961
@inhishonorinfinityx3961 4 года назад
Yeah...thought dipping of cleaning is wrong! Totally confused. Maybe he meant dibbed the coin .... (like for example) dibs on the candy I see
@TreasureTownCoins
@TreasureTownCoins 4 года назад
I'm actually not sure, but it's some type of silver cleaner that removes the top layer of silver from the coin. I should look into it. Tons of coin dealers do it in a non-invasive way (just the truth, not trying to defend it) and when done properly strips the coin of haze untraceably. A lot of newer people will scrub around and make a coin obviously cleaned instead of 'conserving' the coin.
@inhishonorinfinityx3961
@inhishonorinfinityx3961 4 года назад
@@TreasureTownCoins interesting! Hope u do a video on this (even if it's a short one). Wld be interested if I should do this with some circulated coins to remove some dirt or etc. TY so much for clarifying this btw! Was very kind!!! 👍
@TreasureTownCoins
@TreasureTownCoins 4 года назад
@@inhishonorinfinityx3961 For sure! I'm planning on filming one in the next few days - will probably release October 29! And will be more clear about the process.
@inhishonorinfinityx3961
@inhishonorinfinityx3961 4 года назад
@@TreasureTownCoins Yes! 👏N before video comes out, just wanna say TY in advance. It's going to be most insightful n helpful for sureee
@Coincollector81
@Coincollector81 4 года назад
Those are still some nice coins and a profitable future.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Definitely.
@Coincollector81
@Coincollector81 4 года назад
@@TreasureTownCoins I silver and gold stack but nothing like this. My budget can't afford some of these especially the gold coin.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
@@Coincollector81 Makes sense - I have to keep them moving (most aren't mine, some are, but just holding doesn't make sense for someone who's more into buy/sell)
@Coincollector81
@Coincollector81 4 года назад
@@TreasureTownCoins I'm not currently selling just buying and stacking.
@keithandres
@keithandres 4 года назад
Sorry on some of the grades and not gradeables. At least you hit your target.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Exactly - thanks for watching!
@weldingsolutionskck2798
@weldingsolutionskck2798 3 года назад
So you're buying circulated coins that are cleaned, paying to have them evaluated, and then trying to re-sell? Sounds like a market top to me. I hear there's no silver coins available. Buyer beware.
@daver8521
@daver8521 4 года назад
Some tough luck there, Christian :(
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Bummer. But glad others can take away some lessons, and they were bought at a price where it's really a matter of not making much money instead of losing.
@syndicator5193
@syndicator5193 4 года назад
My coins came back in a cardboard box why do you get plastic? Is it based on membership level?
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Unsure, definitely could be though.
@InTroutWeTrust
@InTroutWeTrust 4 года назад
Great video! I was wondering if i should grade my 1919 ms65 red brown canadian penny
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Depends on what the money for a 1919 MS65 is - sounds like it has some decent value though. Not too familiar with the Canadian market.
@InTroutWeTrust
@InTroutWeTrust 4 года назад
@@TreasureTownCoins i bought it for 200 dollars. P
@TreasureTownCoins
@TreasureTownCoins 4 года назад
@@InTroutWeTrust Is it already graded?
@InTroutWeTrust
@InTroutWeTrust 4 года назад
@@TreasureTownCoins No but the coin shop owner graded it as an ms 65 red and brown.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
@@InTroutWeTrust Ok - honestly that seems a little high but you never know! Grading probably wouldn't hurt if you have a batch of other stuff to send it in with, otherwise it could cost a good bit of money.
@jakesimmons8145
@jakesimmons8145 4 года назад
How much for grant coin ?
@leosCoins
@leosCoins 3 года назад
4:13 there's a big ding underneath America
@nodakmex
@nodakmex 3 года назад
I feel your pain Bro.
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Lol thanks
@jeremygirtz3254
@jeremygirtz3254 3 года назад
I had PCGS grade a 1962 Benjamin half dollar with a DDO on the date you could see without a magnifier an they missed it an just graded it as a MS 64 how does a high end grading company miss something so obvious? I got screwed by PCGS guy who graded it must of been smoking meth?
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Maybe you didn't pay for attribution? Costs about $18 extra - and always important to make sure it's an attribution that they are actively recognizing
@MAESTRO9170
@MAESTRO9170 2 года назад
amen
@lingcheah6984
@lingcheah6984 4 года назад
Hi I have old coins want to sell how to go about Pls advice
@Ed-bc6kd
@Ed-bc6kd 4 года назад
Love all the gold coins
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Thanks!
@ehrenkrause9861
@ehrenkrause9861 4 года назад
Those are really cool gold coins. To bad on the non graders
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Thanks!
@singlesideman
@singlesideman 2 года назад
Did you just use the word 'discovery' to mean 'research'?
@johnshoultz4532
@johnshoultz4532 3 года назад
i think 100 scratches counts as damage, i love that coin , but seems like you paid awy more than double for it, 3rd coin
@jasonshawn1075
@jasonshawn1075 4 года назад
i live in georgia been looking for a delohnaga mint cool coin!
@fmdof
@fmdof 4 года назад
yeah, under rica of america is a pretty big scratch
@TreasureTownCoins
@TreasureTownCoins 4 года назад
I think so..
@saganworshipper6062
@saganworshipper6062 4 года назад
Don't buy coins from companies like "Great Southern Coin" which many times appear to be good deals but most of the raw coins they sell are "problem" coins or they are extremely exaggerated in their description. Also, I would love to make you a listing on a special "Treasure Town" grab bag in my ebay store (which is actually empty right now). I have been selling on ebay for 11 years with 100% positive feedback. Your channel has really come along! I remember when you first started. Well done lad, well done.
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Hi Sagan - thanks for the comment! I don't sell on eBay because the grab bags can be returned, and since I put a lot of effort into mine and making sure the value is strong, I don't accept returns. If someone returned one and didn't send back all the coins on eBay, I'm out of luck, and I've had lots of success nearly selling out quickly on my site. Appreciate the offer though and thanks for sticking with the channel for a long time.
@rodolfodaguio5240
@rodolfodaguio5240 3 года назад
Hi..Cristian. can get the address.PCGS.can i upgrade my Old Coins Collections. Thank you.
@Ddkrew1
@Ddkrew1 4 года назад
No worries, eventually you will be "in" enough to get better grades....
@timothyloyd3802
@timothyloyd3802 4 года назад
Smart you are
@charlesadkins7067
@charlesadkins7067 4 года назад
great vid sorry your coins didnt grade very well but you still have coins a lot of collectors would like to have
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks! And yeah, it could've gone worse for sure.
@electricbaw4932
@electricbaw4932 4 года назад
Awesome man. !! @coinpunk
@Drallblackrugbyplaye
@Drallblackrugbyplaye 2 года назад
The reliability is low, so the validity of the whole system is in doubt. You guys deserve an award. I stopped buying non slabbed years ago.
@douglasjones8393
@douglasjones8393 4 года назад
Good info! BTW you pronounced Dahlonega incorrectly.
@ronduncan634
@ronduncan634 4 года назад
WHY DO YOU CLEAN YOUR COINS UGHHHH! DUH!!
@markaddison3995
@markaddison3995 4 года назад
Da-Lawn-a-ga Georgia
@harryscoinsvillage786
@harryscoinsvillage786 4 года назад
WHAT A NICE COIN SHOW YOU BRING TO US CHRISTIAN THATS WHY I LIKE SO MUCH TREASURE TOWN COINS AND YOUR GREAT COIN TELL❤
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks so much Harry!
@juhs
@juhs Год назад
Just fyi, people that live there pronounce it dah lon e guh
@moessilverorenot4834
@moessilverorenot4834 2 года назад
The damage on the gold piece I think it’s under the word america
@janiskar7892
@janiskar7892 3 года назад
👍👍👍👍👍🥇🥇🥇🥇🥇🥇
@jdmoore4521
@jdmoore4521 Год назад
I need help selling some of my coins, is there anyone who could point me in the right direction
@Josesoares-df1xo
@Josesoares-df1xo 4 года назад
From Brazil ,...
@meanboycoins6250
@meanboycoins6250 4 года назад
I like when they grade questionable color on an Indian head coin that looks like all the other Indian head coins I researched heh
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Aw man :/
@singlesideman
@singlesideman 2 года назад
Dahlonega is pronounced "duh-LONN-uh-guh", not "dah-lon-NAY-guh".
@TreasureTownCoins
@TreasureTownCoins 2 года назад
Thank you!
@singlesideman
@singlesideman 2 года назад
@@TreasureTownCoins you're welcome. Thank you for making these videos.
@earlwillis7876
@earlwillis7876 4 года назад
I have a Lincoln Cent penny 1968 Denver mint. Also I have a 1944 wheat penny a1948 wheat penny a 1951 wheat penny Denver mint a 1945 wheat penny known mint mark a 1946 wheat penny 1959 known mint mark just to name a few.
@classiccarlover3302
@classiccarlover3302 4 года назад
Im new to the coins
@MAESTRO9170
@MAESTRO9170 2 года назад
pcgs sucks they have gone downhill over the past year!
@jeffw1267
@jeffw1267 3 года назад
0:20 (Dahlonega) It's pronounced duh-LAWN-ih-guh.
@TreasureTownCoins
@TreasureTownCoins 3 года назад
Appreciate it! Helpful
@Mars_plane_Channel
@Mars_plane_Channel 2 года назад
Off
@frankofthehowardfamily9065
@frankofthehowardfamily9065 4 года назад
Find out ?what type of light ,grading company uses? They use.high powered..lights....lighting is key....and get a large..great quality magnifying glass.....think??brain surgery...lighting and magnifying glass..then...you shall see what they see.....do you know of t.v.repair shop?stop by ask to use ?or try out magnifying glass they use....tell them....you have a rare coin...worth ?..can I use your mag?heck who knows .he/she.could be a coin.collector or become one after..your visit..good luck.
@nick-un9pk
@nick-un9pk 4 года назад
They use a 70 watt incandescent bulb.
@RealAntek
@RealAntek 4 года назад
Actually you should use a triplet loupe. 5-6x magnifying power because 10 is too much
@TreasureTownCoins
@TreasureTownCoins 4 года назад
Thanks - I believe Nick is right.
@raymondmartin6737
@raymondmartin6737 3 года назад
Very interesting 👌range of 🪙💰coins in type and value. Because I want to submit some to NGC, to which I am a subscriber, your comparative results give me some insight how grading works. 😞Sorry that some did not turn out as you had hoped.
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