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PCGS Webinar - Coin Grading 103: No Grades

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  • čas přidán 7. 08. 2024
  • UPDATE: Find our new Grading 103 Video Series here: • Filed Rims, Questionab...
    PCGS Webinar - Coin Grading 103: No Grades hosted by Mike Sherman, Director of Education for PCGS. Webinar covers coins that typically receive a "no grade" designation from PCGS. Hosted on November 11, 2013 in conjunction with the PCGS Collectors Education Program, which is held live at each Long Beach Expo three times annually.

Komentáře • 168

  • @alexgourdine4895
    @alexgourdine4895 Před rokem +3

    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!

  • @raymondbrown940
    @raymondbrown940 Před 8 měsíci +1

    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.

  • @Ontario100
    @Ontario100 Před 5 lety +4

    These videos are always worth your time. Thanks !

  • @margaretstoner4701
    @margaretstoner4701 Před 4 lety +4

    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! ❤

  • @samabrahams7687
    @samabrahams7687 Před 7 měsíci

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

  • @petermiller5241
    @petermiller5241 Před 2 lety

    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.

  • @CKBBonitabeachbum
    @CKBBonitabeachbum Před 2 lety +1

    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.

  • @ParkayCollecttibles
    @ParkayCollecttibles Před 2 lety +1

    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

  • @elizabethjack595
    @elizabethjack595 Před 7 lety +6

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

  • @jaimerodriguez3559
    @jaimerodriguez3559 Před rokem +1

    I do have the Morgan dime from 1921 of silver

  • @JTCoinRings
    @JTCoinRings Před 4 lety

    Excellent video

  • @dastiles1
    @dastiles1 Před 4 lety

    This is a another great video.

  • @coincollectingfun
    @coincollectingfun Před rokem

    Great information! Liked and subscribed!

  • @patchrat1
    @patchrat1 Před 2 lety +1

    Very informative thanks a bunch

  • @Tenjirou
    @Tenjirou Před rokem

    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.

  • @cecilepetrivelli5309
    @cecilepetrivelli5309 Před rokem

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

  • @coincollectingfun
    @coincollectingfun Před rokem

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

  • @dennisgareau7259
    @dennisgareau7259 Před 9 měsíci

    Excellent job

  • @johne3442
    @johne3442 Před 3 lety

    Very nice video, thank you!

  • @TomTheEnglishPicker
    @TomTheEnglishPicker Před 10 lety +3

    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

  • @Gloria-wp9ix
    @Gloria-wp9ix Před rokem

    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

  •  Před 2 lety

    Hello great video thank you for sharing👍

  • @misterTVman
    @misterTVman Před 4 lety +23

    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.

  • @melast7937
    @melast7937 Před 2 lety +1

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

  • @MB-tj8un
    @MB-tj8un Před 2 lety

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

  • @michaelandrews8944
    @michaelandrews8944 Před 9 měsíci

    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!!

  • @jonjeremy4778
    @jonjeremy4778 Před 2 lety +1

    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

  • @kovacskovacs3465
    @kovacskovacs3465 Před 7 lety +3

    + 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.

  • @freekingawwsome
    @freekingawwsome Před 3 lety

    @PCGScoin thank you for the share

  • @PGCoinworld
    @PGCoinworld Před 10 měsíci

    Good sharing ❤️ thank you sir 👍

  • @MrWolfman1213
    @MrWolfman1213 Před rokem

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

  • @wynnolson4172
    @wynnolson4172 Před 2 lety

    Thanks, informative.

  • @coinshow9842
    @coinshow9842 Před rokem

    good tips!☺

  • @rosagomez6972
    @rosagomez6972 Před 5 lety

    Nesecito informacion para certificar monedas de trigo

  • @lawrencetalley7962
    @lawrencetalley7962 Před 2 lety

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

  • @SacagaweaCoin
    @SacagaweaCoin Před rokem

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

  • @silvercoins844
    @silvercoins844 Před 10 lety +4

    HAHA the coin at 45:55! FAKE

  • @jeremywindham1373
    @jeremywindham1373 Před 3 lety

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

  • @RonsTruth
    @RonsTruth Před 2 měsíci

    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.

  • @ciffenwealth
    @ciffenwealth Před 2 lety

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

  • @kenstreet1769
    @kenstreet1769 Před rokem

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

  • @prophetforprofit1431
    @prophetforprofit1431 Před 2 lety

    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?

  • @Brooklyn4life5911
    @Brooklyn4life5911 Před 3 lety +1

    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!

  • @user-cv5kq9hy7x
    @user-cv5kq9hy7x Před 2 lety

    អរគុណបានជាវ

  • @ellenmusanjeya8222
    @ellenmusanjeya8222 Před 2 lety

    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.

  • @noloferratus
    @noloferratus Před 2 lety

    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
      @PCGScoin  Před 2 lety

      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.

  • @gregadams5642
    @gregadams5642 Před 2 lety

    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

  • @raymondarmstrong1700
    @raymondarmstrong1700 Před 2 lety

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

  • @kloDiA1966
    @kloDiA1966 Před 2 lety +1

    قناة رائعة وفقك وشرح مميز إذا كنت

  • @bensmith3581
    @bensmith3581 Před 4 lety +3

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

  • @paulpantig8742
    @paulpantig8742 Před 2 lety

    I have a coin with circular lining

  • @jameswatzke8602
    @jameswatzke8602 Před 2 lety

    How much is the 1944 s wheat penny worth

  • @janetlacelle55
    @janetlacelle55 Před rokem

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

  • @JohnBritton
    @JohnBritton Před 7 lety

    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
      @KirksCORNER Před 5 lety

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

    • @KirksCORNER
      @KirksCORNER Před 5 lety

      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..

  • @keithhaynes5348
    @keithhaynes5348 Před 2 lety +2

    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.

  • @montydaniels1054
    @montydaniels1054 Před 3 lety

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

  • @dalecannoy1874
    @dalecannoy1874 Před 2 lety

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

  • @billb89
    @billb89 Před 2 lety

    Will you grade an error coin with Machine Doubling?

  • @santhanamsethu2531
    @santhanamsethu2531 Před rokem

    India .. Where is your office in India

  • @donz17chanel47
    @donz17chanel47 Před 3 lety +1

    How much 1972 1piso

  • @RobertoHernandez-jm1bf

    I need to renew my member

    • @PCGScoin
      @PCGScoin  Před rokem

      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 info@pcgs.com

  • @davidjohnston7737
    @davidjohnston7737 Před 2 lety

    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

  • @arvindbaroliya1598
    @arvindbaroliya1598 Před 2 lety +1

    Vectoria ceo 1891 inda Britain coin vellue

  • @TrustYeshua4Ever
    @TrustYeshua4Ever Před 5 lety +1

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

  • @michaeldowden9196
    @michaeldowden9196 Před rokem

    What do you use to clean your coins

    • @michaelandrews8944
      @michaelandrews8944 Před 9 měsíci

      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
      @michaelandrews8944 Před 9 měsíci

      I mean clean.. not change sorry.

  • @michaelscoglietti269
    @michaelscoglietti269 Před 2 lety

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

  • @mikepict9011
    @mikepict9011 Před 4 lety +1

    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
      @grizzlygrizzle Před 3 lety

      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."

  • @Billysmailbox
    @Billysmailbox Před 4 měsíci

    I have a 1974 with No mint mark

  • @cruzvera2326
    @cruzvera2326 Před 2 lety

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

  • @phrenzy1
    @phrenzy1 Před 9 lety

    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
      @scottluczak7560 Před 4 lety

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

    • @Brooklyn4life5911
      @Brooklyn4life5911 Před 3 lety

      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

  • @rooseveltgreen1276
    @rooseveltgreen1276 Před 3 lety

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

  • @KirksCORNER
    @KirksCORNER Před 5 lety

    I have a counterfeit penny from the 90s

    • @grizzlygrizzle
      @grizzlygrizzle Před 3 lety +1

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

  • @danielscarbrough3432
    @danielscarbrough3432 Před 2 lety +2

    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

  • @coinzphilly
    @coinzphilly Před 2 lety +1

    Grading is subjective

  • @shawnsmith9512
    @shawnsmith9512 Před 7 lety

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

  • @arelispino1683
    @arelispino1683 Před rokem

    Buen día esa la tengo 1968

  • @lydiadelfino2412
    @lydiadelfino2412 Před 2 lety +1

    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

  • @josecintron6659
    @josecintron6659 Před 2 lety

    No date on my native American dollar coins

  • @bcs5563
    @bcs5563 Před 2 lety

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

  • @Chewy_GarageBandDad
    @Chewy_GarageBandDad Před 2 lety +3

    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?

  • @thatoneguy7191
    @thatoneguy7191 Před 2 lety

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

  • @sandykumari7207
    @sandykumari7207 Před měsícem

    Hi

  • @TW1CE295
    @TW1CE295 Před 2 lety

    2007alzebit two 20 p

  • @colejosephalexanderkashay683

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

  • @mariosergiosantosoliveira2659

    Brasil

  • @alfredoorepart1533
    @alfredoorepart1533 Před 2 lety

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

  • @steveshelby2465
    @steveshelby2465 Před 2 lety

    B

  • @ramoshurgaia7651
    @ramoshurgaia7651 Před rokem +1

    👍👍👍🙏🙏🙏Good job🙏🙏🙏🇬🇪🇺🇸🙏🙏🙏🤝🙏🙏🙏

  • @rogerleasor4242
    @rogerleasor4242 Před 2 lety +1

    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

  • @desireeluna8157
    @desireeluna8157 Před 9 lety

    How much for a hong Kong 1994 one dollar coin

  • @phrenzy1
    @phrenzy1 Před 9 lety

    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.

  • @Mrgrumpypants84
    @Mrgrumpypants84 Před 2 lety +1

    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.

  • @petermiller5241
    @petermiller5241 Před 2 lety

    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.

  • @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.

  • @Myorbart
    @Myorbart Před rokem

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

  • @jarrodjoyce6892
    @jarrodjoyce6892 Před rokem +1

    JARROD Rod Joyce from PELICAN La, 🙏👍💩👀

  • @ridgerunner7980
    @ridgerunner7980 Před 3 lety +1

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

  • @RobertoHernandez-jm1bf

    HELO I NEED TO
    RENEW MY MEMBERSHIP
    I HAVE 4 100$BILLS WITH STAR
    10/20 $ BILL WITH STAR

  • @emilygaza6907
    @emilygaza6907 Před 3 lety +2

    "This coin has two sins..."

  • @ryanfour1349
    @ryanfour1349 Před 2 lety +1

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