I sent off my first batch of coins to PCGS. Ready to see what they graded and how I did on what I expected. Billyazprospector P.O. Box 72467 2550 E. Rose Garden Ln Phoenix, AZ 85050
The one from Craig’s list what tooled mean was someone took a tool and etched around the stars and edges of the eagle to make it stand out and look nicer.
TOOLED refers to either the smoothing of a coin's fields to remove scratches, corrosion and other forms of damage or to the restoration of lost details through use of a graver or knife. When a single side of the coin is affected, the terms OBV TOOLED and REV TOOLED are used.
Ok I will comment and will be adding / editing this comment , so bear with me... The 50 Wheats are easy to get a good grade on the D and S mints..... The Philly's are more rare to get a high grade since they are kind of sloppy at that mint. I saw the 36 at that grade it's a great MS-63 for sure. I have a raw 54 S Wheaty that I thought was a MS-68, but looking at some PCGS slabbed coins on Ebay I changed my mind.....It's a 67 but I will never know cause i am not going to send it in with my W Lowell MS-67 quarter. They want me to be a member .... They mis lead me in a email saying they would give me a deal for a 20 dollar fee for grading my W quarter... The 1899 IHP maybe they thought it was dipped , not cleaned though. It would have come back CLEANED on the label.. I thought that was a straight up SLQ I thought cleaned when I saw it .....Bam I got that one ...Ok the second 1917 looked great to me , but the scratches on the reverse makes it Damaged or Graffiti ??...That's a 225.00 dollar coin Raw grade ..... NGC wouldn't give a graffiti grade ...Yes that 21 is well over 700 bux nice score on that one .. Raw price BTW... The Indian head nickel Is a straight up XF and I love the toning starting up on it ... I have a 30 S VF That has a lil over 5.4 million minted, Your 31 S is the only minted Buffalo nickel that was minted by only 1 mint that year, except for the 38 D over S which I don't see 2 mints for that 38 year....That's up in the air LOL... Barbers are my favorite, I only HAD 1 or 2 when I was younger.... A couple dimes from my Na Na (Godmother)in Cajun French .... She used to give me silver dimes for my B-Day and Christmas presents when I was a kid.... She knew I collected coins.... Ok now to the tooled, That means kind of improvements to the coin to maybe hide something or improve it ... IMHO ... Wow I thought the 1912 S half was gonna be Scratched details not cleaned .... SMH I like the Lady's ....LOL... Morgan's I mean .... THE 63 should be higher IMHO but it's hard for them to be higher for some dang reason .. Your 61 grade should be a notch above IMHO .... You have great coins right there... All of them are a venture back in time and you did a great video bringing us back in time with a lot of history Mon Ami .... I applaude you for that...
Very nice thoughtful comment. I agree w/ you about PCGS, they are pretty clear that they don't want business from small guys. I've noticed they are getting sloppy about what they hang an MS-70 on too. Are there any grading services you like?
@@jeffdurden398 If you want to resell slabbed coins go with PCGS their name sells coins... NGC if for your collection and also selling.... NGC does bring a price also....
Hi mate, I’m in Australia, you are lucky that you have such a long history of coins in America. No silver to be found in our change. I live near Perth mint, I love it there it’s honestly awesome, they have gold nuggets as big as a apple and every size in between. But I’m there for the coins. Better luck on your next batch you send in.
I had a similar issue with ANACS. Had a half dime come back "scratched". I could not believe it until I examined the reverse, and there was the small scratch. They were right. I was not as diligent with the magnifier as the coin looked nice with dark original toning. I do struggle with the "Questionable color". I have never been able to find a definition for this designation.
Yes! And it is what it is! If there is some kind of noticable problem, like a scratch or something else even upon your own re-examination you may have missed, that's understandable. But some things are just not there.. And PCGS/NGC will have a tendency to low-ball certain things,even if it just not there! In my own experience upon closer re-examination...
WOW -- at 3:25 -- gorgeous cent, man! looks a solid 66 or better; at 4:25 the '36 looks so much nicer than that. You have to start counting every single little speck you can see with a heavy maginifier, more than one or two (especially in the fields) and the swoon is on! At 5:50 the Indian cent is just too darn out of this world! Fabulous color, fabulous strike. Hell, it don't belong to one of them or their top dealer -- It's so gorgeous it might be a fake! (Yeah, right.) At 8:40 grafitti ...are you kidding me? At 9:50 I don't agree again, but the other way -- I'd have given that an 8 (the reverse was a lot better than the obverse.) at 10:20 Nice going! At 19:10 the Morgan had minimal bag marks and deserved a 64 -- the fields were even nicer; At 19:40 same with the other Morgan. By PCGS own photograde standards your Morgans looked a full grade higher than what they got. This was a perfect example of why I can't stand PCGS. If you could resubmit them again, they'd all come back different.
PCGS is tough on grading. I have seen where people have a NGC slabbed coin say at MS-60 and come back from PCGS at AU-58. I wish your grades would of been better. So many people are disappointed with their grades from grading company's. It is a very good video. It is educational for all who wish to send their coins off for grading. Thanks for the great video and again sorry for the end results.
Yes so in other words, What you were saying is grading is subjective! Even between NGC and PCGS... So who's right and who's wrong between these two grading companies? They're opinion on grading is no more better than anyone else's except for the fact that they are a third party player!
for the 1950-s, it graded a lot lower because of the big hit on lincoln's cheek. Thats a very grade-sensitive area on most coins, so you should make sure to check it before you buy a coin. Same with the 1936. There are tons of scratches on lincolns bust which is once again a grade-sensitive area. I recommend downloading the PCGS Photograde app, it really helped me because I used to struggle with grading. This is a great channel and I am a new sub.
The high-points should have a higher reflectivity. But on that penny the low spots are bright and the high spots are dark. Maybe that's what they meant, or it had a little dipping in acetone.
It is clear the first two are not 66. I have a Mercury 66 and the fields look almost flawless to the naked eye and the flaws that lower it to 66 can be seen only by tilting in light and looking carefully. I already see things easily in the fields of yours.
Great video! I'm super new at submitting coins to PCGS too. I'm learning a lot with these type of videos. Thanks for the info I really enjoyed the unboxing. Take care & I wish you the best of luck on your next submission. I'll be watching! :) GL & HH
And yes your grandfather's coin was either cleaned or stored in properly and they gave it a some kind of toning but I believe it was cleaned myself and they can tell believe me they know their metal
Yes. It was cleaned in an acid ad it turned the copper yellow. It's an off color. Really wrong. Like when a new penny goes in the laundry and looks pink. Can't fix that!
Tooled just means someone had used a mechanical means to buff out a damaged or faulty area of the coin. As it relates to cleaned coins, if the outer field is dark around the lettering or images .. but then lighter in the open areas, you could almost bet it was cleaned. Buying ungraded coins and having them graded is nearly always a crapshoot. You are better off just buying the coin already graded. That way there is less drama and more enjoyment. 😃
I'm no expert in the coin world. But I was told by many of the older fellas that NGC is a better grading company than PCGS. And questionable color? Aren't they supposed to be the ones answering the questions?
I find it helpful in determining if a coin is cleaned to take a picture. Also i would suggest a 10 power loupe and good lighting for grading. Hope this helps.
Paul Dyche I can imagine them being mad partly at themselves for finding out that the coin they have isn’t what they thought it is, and upset that coin shop isn’t paying for coins in less than desirable conditions. That’ll drive a man to drink.
Thanks for the "What did they GRADE' videos. I just got back from a two day seminar at the FUN Show in Orlando. The course instructors where two guys that that have either worked at PCGS or now work at PCGS they have graded hundreds of thousands of coins. In short, the two guys cannot even conclude the same grade for a coin (most of the time). We graded many series of coins and I only got about 25% correct (the exact grade). A very good person who grades at PCGS is correct about 68% of the time (this is what my instructor told us). I will never buy an ungraded coin (unless of course the coin value of really low). In short, coin grading is extremely subjective! My instructor also told us that he cracks out coins and resubmits and resubmits until he gets the grade he was looking for.
Very happy with this and your part 1. They were very educational and informative, I liked following your thoughts before and after. I would have liked it if you had discussed the costs wrapped up in the grading process and why you chose PCGS over NGC. Looking forward to more vids like this. Thanks for sharing.
You need to submit not one coin but multiple coins of the same date. You have to start with coins that are less in grade and work your coins up in grade. If you give the grader just one coin to the grade, he's going to grade the coin low. Start with an MS60 then say a coin you think is an MS62 and so on up the scale. When you submit your coins you determine the order in which they are chosen to be graded. That is the order you put them on your form. The lines are numbered just for that reason. And if you don't want the coin slabbed, mark the box ON LINE 6 DO NOT HOLDER GENUINE. Then send them off to NGC or ANAC for grading. ANAC is only a fraction of the cost. Then do a crossover to PCGS. If they come back with the curse of Graffiti, which is usually when some SOB has circled something or initials are scratched on the coin, you aren't paying the big bucks to get disappointed. As for color, find some old junk Lincolns and try cleaning them. Try the lemon trick or the vinegar baking soda Hydrogen peroxide method, and use the MS 70 solution. You will see just what happens to the coins and you get to see first hand what color (s) come from trying to clean them. Then try baking your coins or using a torch, or just check out all the ways to ruin your coins on RU-vid. You need to learn these things or you will continue to buy cleaned coins and submit coins that will not grade and cost you an arm and a leg. They are strict for a reason, PCGS is the best for a reason, they don't let crap slip by. Try collecting two maybe three coins of the same date and submit them and watch to see how you did. I found grading your coins under the screen of your laptop is the best when it comes to seeing imperfections. I set the screen to a nearly all-white display, then set brightness to full and tilt the screen down and then grade my coin under that light. It's a different frequency light, That is how they grade coins, by that light. Not your Kitchen or bedroom light. Try it and you'll see your coins all together differently. First time sucks, you will begin to see coins in a whole new light, you won't be so fast to buy because of what you think, you'll buy because of what you know will grade and be realistic if someone says it an MS 67, take 4 off and offer them that price. Works for me.
Welcome to the second half of your grading education! I was an "expert" on MS Morgan dollar grades until I got actual grading. Then I really started to learn. As for your batch...well a worn shiny coin was obviously cleaned! And microscopic scratches all in the same direction is something PCGS won't ignore.
The standing liberty with "graffiti" is still beautiful though. I would buy it for $40 sure. BTW a quick search finds a 1895 Morgan graded by PCGS as Proof/Graffiti/VF detail that was sold for $28,500.
@@brumels1570 details coins for any reason are worth half or less a straight graded coin. Your statements make it pretty apparent that you don't know much about the hobby. Q David Bowers has a book called the guide to morgan silver dollars or something to that effect. I recommend it highly.
I really enjoyed this video and the part 1 as well. I’m very new to coin collecting and my “collection “ is very modest with about 200 coins of which only a few are in pristine condition and none are graded. But I’ve had such a blast learning about the coins, their origins and designers. Not to mention trying to figure out their ballpark values and determining their rarity. PCGS has a few great mobile apps that have done a lot to educate me and I’m grateful. But when I checked into the prices they charge for grading I realized this would probably take a lot of the fun out of the hobby for me. Chasing the super high grade coins is a quick way to spend way more money than most of us have to play with and when you think you may have something special and it turns out to have some issue or another like you encountered the fun that one once had turns negative. I have a 1876-s trade dollar that I love dearly. It’s probably one of my more valuable coins. I’ve thought about having it graded but it would no doubt score very low because it’s been around, like most coins, not sitting in someone’s collection. Had it been in a collection I probably could never have afforded it. I guess it is because people collect for different reasons and I’m having a hard time understanding how some collectors who, for example, only buy graded coins are able to really enjoy this hobby. But like I said, I’m new to this and can’t imagine doing it if it wasn’t so much fun with little risk or expense. Happy hunting!
When PCGS refers to "tooled" that can mean certain types of scratches but more of a gouge in order to alter the coin. With early halves such as the capped bust series, people use to shave the edges to slowly accumulate silver. Did you check the edge to see if it still had lettering?
6:12 did Lincoln put on a headdress lol. The questionable color thing is pretty stupid. It's just old toning. PCGS needs to lay off with the questionable color thing. I do see why all the Lincoln cents Graded how they did though.
Thanks for sharing. I know it's disappointing and I can hear the frustration. Congrats on your '21 SL which paid for the submission expenses. I hope you don't regret it overall. It's a fun learning experience at the very least. You have some beautiful coins here and I would definitely have sent them off too. I'm getting ready for my first coin submission and I'm thinking I can take the slow boat at NGC for around $30/coin, all in.
refers to either the smoothing of a fields to remove scratches, corrosion and other forms of damage or to the restoration of lost details through use of a graver or knife. When a single side of the is affected, the terms OBV and REV are used.
PCGS has wild variances in grading standards. Its amazing to me that they are still accepted as the "leaders" in this space. They must be hiring in-experienced minimum-wage graders
Do you know of better grading options? I'm also not sure how to get an official value on the ones I have that aren't great condition, but have a unique error I haven't seen elsewhere
@@ladyfrederick788 unfortunately PCGS is your best bet. Unless you are in Canada, in which case ICCS is known to be more consistent, albeit more strict. Feel free to reach out via PM with any questions regarding your coins!
May I suggest the book 'Photograde" extremely helpful as you are learning and beyond (probably the best grading reference book you could buy!). Remember ,"buy the book first, then the coin".
Go to ANA's Summer seminar in July and take coin grading part1. Then next summer take part2 ,and then part 3. Going to cost you a couple thousand each year, but youll never buy a cleaned coin ever again.
Ouch. I feel for you; but this is exactly why I don't send in any of my Morgans for grading. Even light cleaning will show up under high magnification. These coins may have changed hands several times and the person you got them from may not have been the one who cleaned / tooled / graffitied them. After grading fees and purchase price, and unless you got a deal on the purchase, it is expensive to grade. Either way, I enjoyed the vid, and the education.
You should go look at videos of younger coin collectors who use acid to make the letters that were originally un-seeable come back somehow...Because honestly those coins(1830 half dollars) are nearly impossible to find without some issues - after all, it's been around for nearly 2 centuries - in that time there's too many hands on something that can and will mess it up - ya know? GL HF - Truthfully, THE DEEP END of the coin world is those older coins - recognize that it is what it is and wait to get involved until you're there ya know?
Thanks for video. I was think about getting the platinum membership that comes with voucher for ten grades. Do they charge extra fees on top of just grading?
Wow, think that would detour me some bit, to send in coins to be graded... thanks for sharing ... I have a 1858 flying eagle one cent and a 1834 25C. that I'd like to get authenticated too... but I'm still shying away from getting them slabbed. May just go thru ANACS?
I've returned to this after some months to look at the coins again. How is the 1950-S a 64, while the 1936 is a 63? I mean, the '36 has a few small hits (more like tiny hits, really) but the strike and luster are great. I've seen MS66s that look worse than that so-called MS63 1936 Lincoln.
send them to NGC and see what they say? maybe the best advice here is what beginners should listen too, That is "don't be emotionally attached to your coins" That 1999 looked good though so I would certainly have another doctor look at your patient so to speak
You did get a few odd grades. At least you had a few really nice ones. If it helps any just know it was enjoyable watching your video. I was rooting for you the whole time. I’m a new subscriber. Semper Fidelis
Hey thanks! I just really like coins and enjoy them... I am in agreement with you on the odd grades. Let me know if you have any thoughts to the questions.
Not quite. "Tooled" usually means that someone used a kind of engraving tool or sharp object to enhance the details of a coin -- for example, making the details on a worn coin look sharper and therefore like a higher grade than it actually is. It can fool the naked eye but under high magnification you can see the marks.
Riven Wood I’m undecided on how far I want to go in collecting coins. Would you recommend any good references that explain coin collecting terms? Thanks
tooled can be a few things but essentially taking a tool and scribing or otherwise altering the coin in some way with a tool...punching a hole in it., filing the edges etc..
16:02 Tooled- Taking jewel or die cutting tools to smooth out surfaces or enhance details. Questionable color- The color of the coin is not a natural hue for the composition , oft times due to improper storage at some point.
Enjoyed the video , I'm a coin collector as well. I used to buy raw coins and have them graded by PCGS and I know your frustration . I still have raw coins graded from time to time but not very often,it's to much hit and miss,for me it was more miss than hits.You still got some nice coins,congratulations on the 1921 standing that was pretty much a grand slam. Thanks again for the video. ✌
Love that1921 quarter!!! I just bought one too. I think its F15. Im sending it in along with some others. I was hoping you might share howmuch it cost to grade this batch. I have been buying up 05 micro O dimes and know i have damaged/cleaned ones. But I want slabs. Last time i used PCGS cleaned coins came back body bagged w no grade or genuine lable. They just took themoney and sent coins back that they deemed cleaned in a bag. What did you pay and what did you have to do to insure slabs? I paid 285 for my 21 Standing Lib. Hope i get F and no issues. All coins have been cleaned. Its just to what degree and how abrasive. The one you got certainly looked original. But im sure they magnify and can see theswipe marks.
My friend if graded coins is what you're after go buy them quit wasting your time and energy in all the unknowns of the world you will get what you want when you buy what you want
If you spend time to learn a specific US series of coin and learning to grade coins, you can do okay buying raw and getting them slabbed; overall, I felt this was just a random submission to see what would happen; he did do okay with the quarters.
Welcome to the PCGS Tooled, cleaned and damage club. The new 2019 west point quarters with scratches get grades of 65, 66, 67. Don't think they care or look at older coins as much. Grader's are in a hurry to finish the work. I stopped wasting my money on PCGS. You got lucky with the Morgan's. Mine came back cleaned along with all my 1932 quarters. 1932-S and 1932-S. Cleaned. That hurt and was the final straw for me.
Also, on the topic of "Genuine coins" that 1830, I would try to sell it for at least 75% of what the value would be for a number of grade vf. In my case, I do keep a lot of my "Genuine" coins for myself.
Don't see the "tooled"as is mentioned on the 1830, But again, and I said it before, I'm apprehensive about sending anything to NGC or PCGS for grading anymore... I'll keep a lot of stuff RAW rather than in a PCGS/NGC holder for fear of... detail grading! You might consider a crack out of some of those that didn't straight grade with PCGS and submit them to ANACS... See what they call it.
Acetone is pH 7 and neutral. It won't do that to copper. It was hit with an acid of some sort, maybe polished/cleaned with a Brasso like product a while back. The copper is too yellow.
+John Burgess The fields look really good though, if you view the HD photo at PCGS. It's not an obviously cleaned coin, though the color is sort of odd.
Your 1830 , 50 cents piece was tooled and it is quite obvious on reverse. It's mean somebody have smoothed the surface around the eagle to remove tiny hairlines or maybe some ugly spots. You can see around the wings line where smoothing tool couldn't reach right to the wing and created like line around.
Hey bud as far as that bust half you showed as tooled, here goes, as far as I know the bust halves have a huge number of types, two of the coins I have just like are called the Overton bust half, there is a bend in the coin produced at the time by hammering the coins over a slab of wood why I don't know I'm sure I don't have the whole story, also there should be some engraving on the side of the coin that says the value of the coin, 50 cents, there may be more I don't have the ability to pull my coins out to look, I think the bend and or the engraving as you can't really see it in the slab will be the remark about tooling, hope this helps check the red book and you will see there are an abundance of the coins in their specific types, if you haven't seen them before it's mind-boggling to follow the info good luck!