PCGS Declares Three Morgans Counterfeits
I received two press releases today from PCGS. The first is a short summary of the issue, while the second provides some very interesting details about the minting process of the counterfeit Morgan dollars.
PCGS, a subsidiary of Collectors Universe, started grading coins for the public in 1986 and since then PCGS has graded millions and millions of coins. So why buy PCGS coins? Let's answer that question now.
Definition: PCGS stands for "Professional Coin Grading Service." PCGS is one of the two widely-recognized "top tier" grading services, the other being NGC.
See also:
What is a coin grading service?
What is coin grading?
The set is listed by PCGS as "the number one finest set of all time" of Indian Head $10 denomination circulation strikes. The set's weighted grade point average is 65.73 compared to a possible highest average of 66.52 of all finest known specimens.
PCGS Secure Plus Slab
Different to the Secure Plus Service, coins submitted under a higher service level -those coins with a high value and a quick PCGS turnaround will be given a plus grading if they meet certain grading criteria.
The first was a set of MS-63 dollars, hand-picked, in PCGS slabs for about $12,000, and the second was a set of MS-65 coins, again in PCGS slabs, for $200,000, except that the seller was missing four pieces from the second set, ...
For example a coin might be described as PCGS MS69 (meaning certified by PCGS as being in Mint State, numerical designation 69) or NGC PF70 (meaning certified by NGC as Proof state, numerical designation 70).
PCGS
PCGS President Rick Montgomery said: "PCGS is obviously pleased and honored to receive the highest rankings in the recently conducted PNG survey.
PCGS Population Report Monthly publication by PCGS listing the number of coins graded and their grade. Totals are for coins graded by PCGS since its inception in 1986.
PCGS - See the "Professional Coin Grading Service". Also, see the article about coin grading -"What is PCGS? pattern - a coin that was struck as an experiment or as a trial piece. Usually, of a new design or made of experimental metal alloys.
PCGS Summary of Fees
To summit a coin for grading you must be a PCGS Collectors Club member, or an authorized dealer. The fee schedule is lengthy covering ultra rare to world coins but the following are some of the basic US coin fees.
PCGS The Standard for the Rare Coin Industry
Professional Coin Grading Service ...
PCGS certifies lettered-edge planchet
George Washington "Golden" Dollar Sports Die Gouge
The Illustrated Oregon 25c Doubled Die Listings ...
PCGS - Professional Coin Grading Service, an independent third party coin grading and authentication service. One of the most trusted and respected in the industry.
PCGS Price Guide
Some people feel that the prices in this free online price guide are higher than in some of the printed price guides.
PCGS Paris Grading Week Another Success, Next 2010 Event Announced
CoinNews.net (press release) ...
PCGS - Professional Coin Grading Service.
Proof (PR) - A specially made coin distinguished by sharpness of detail and usually with a brilliant mirrorlike surfaces. Proof refers to the method of manufacture and is not a condition.
PCGS: acronym for Professional Coin Grading Service, one of two major coin grading services in the United States.
Pennyweight: an American unit of weight for gold in which onepennyweight equals 24 grains or 1/20 of a troy ounce.
PCGS Solo High Grade
1952 1907 Liberty Head. Proof-66 (PCGS). A superb specimen with rich golden color and cameo aspects.
PCGS - Professional Coin Grading Service.
Pennyweight - An American unit of weight for gold in which one pennyweight equals 24 grains or 1/20 of a troy ounce.
Pick Up Point - An area where a feature, such as die doubling, is most evident.
PCGS
Abbreviation for Professional Coin Grading Service, a leading third party grading service located in Newport Beach, CA.
PCGS Population Report ...
PCGS - Short for "Professional Coin Grading Service". Peripheral Toning - Any level of even coloration that appears around a coin's edge.
Pick Up Point - An area where a feature, such as die doubling, is most evident.
...
5. PCGS PR-40. B&M "Morgan & Leckar" 11/1998:2157, $74,000 Verify that this is not the next coin.
6. James A. Stack. "Very Fine." Stack's "Stack" 10/1994:865, $66,000 ...
PMG and PCGS Currency Grading Standards
PCGS and NGC Coin Grading Standards
Lost? Find your way with the sitemap with links to all the pages on this website. Sitemap ...
PCGS (Professional Coin Grading Service) fulfilled the demand when the mass
appeal for graded and certified coins surfaced among Coin Collectors. It
was established in 1986 under the direction of David Hall, one of the big guns ...
PCGS: Daily Price Guide for Draped Bust and other coin prices, generally inflated, from PCGS (Professional Coin Grading Service). Good articles about coins, including Draped Bust coins, by Q.David Bowers, under Coin Guide.
PCGS - Professional Coin Grading Service. PCGS began serving the coin-collecting market in 1986. The firm is responsible for dramatic improvements throughout the rare coin industry, which have forever changed the way rare coins are bought and sold.
PCGS VF25
3-legged. Additional images show a 1200dpi magnification of the front legs as compared to an ANACS MS64 1937-D buffalo nickel.
Type: ...
PCGS US Coin Price Guide
General certified prices, though somewhat inflated
New York Int'l Numismatic Convention
Popular ancient and world coin show & auctions - January ...
PCGS MS65
Broadstruck, indented and with a flan crack.
[PREV - Multiple Strike] HOME [NEXT - Incomplete Planchet] Please direct comments to calkinsc@lotn.org ...
PCGS Price Guide
Numismedia Fair Market Values
Heritage Quick-Pricing Guide
US Coin Values Advisor
GPAnalysis for Coins
Numismaster Price Guides US & World Coins [Subscription]
Teletrade USA Coin Price Guide ...
PCGS AU 55 FINEST KNOWN (Tied)
To buy or sell these coins, please contact Hancock & Harwell ...
PCGS - While one can argue whether they are the best grading service, they certainly have the best web site of any of the grading services.
Coin World - weekly numismatic newspaper and marketplace; free trial offer.
Best Internet Resources ...
PCGS Price Guide for Trade Dollars
Trade Dollar Mintages at coinfacts.com
Preceded by:
Seated Liberty Dollar ...
PCGS MS62
$7,869.00
This is without a doubt on... (more) ...
PCGS raves about pattern coins and provides a coin price guide for, say, Flying Eagle coin prices ($3,250 to $65,000 for an 1857 Small Letters coin, MS-60 to MS-67 grade).
PCGS seals each coin they grade in a permanent hard plastic case (known in the industry as a "slab.") Since the coin cannot be removed without destroying the case, and since these cases are inert (non-interactive with the surface of the coin), ...
PCGS and most other services allow you to resubmit any coin rejected due to PVC, for only $10.00. just remove the PVC, and resubmit the coin along with the PVC flip.
PCGS and NGC Third-Party certification assures the investor that coins are being properly represented as to their quality and rarity.
PCGS
The abbreviation for Professional Coin Grading Service, a third party grading service.
PCI ...
PCGS
Professional Coin Grading Service, a leading third-party coin grading service located in Newport Beach, California.
PCGS Population Report
Monthly publication by PCGS listing the number of coins graded and their grade.
(PCGS and NGC Certified U.S. coins minted from 1792 to date)
Silver Three-Cent Pieces
Variety I (1851-1853)
Variety II (1854-1858)
Variety III (1859-1873) ...
PCGS - see Professional Coin Grading Service.pattern - a coin that was struck as an experiment or as a trial piece. Usually, a new design or made of experimental metal alloys. U.S.
Holds 10 PCGS, NGC, ICG, SEGS, PCI, etc. Slabbed Coins
$20.00 Available Add to cart View
Set of 4 PCGS Boxes ...
Just because PCGS or NGC calls it a Proof does not mean absolutely for certain that it is. I have seen a number of coins that these services have called Proof that I do not agree with.
PCGS: The Professional Coin Grading Service, a West Coast third party grader and authenticator of coins.
Pedigree: The chain of ownership of a coin or a collection.
finalizer A PCGS grader who, before computers were used for this task, compared his own grade with those of other graders and determined the final grade. The verifier replaced the finalizer after PCGS began inputting the grades by computer.
Refers to a coin returned (rejected for grading) by one of the two major third-party- grading services, PCGS and NGC.
A heavy scratch may result in a coin not being graded by PCGS. screw press The first type of coining press used at the U.S. Mint.
Controversial at present, because the assigned grades seem to be inflated relative to standard services like PCGS and NGC. aF (VG10) about Fine. Grade. AFAIK As Far As I Know. Internet phrase. AG (AG3) About Good. Grade.
PCGS or P.C.G.S. - Professional Coin Grading Service, a third party grading service founded in 1986 by David Hall.
We tackled this subject several years ago and published it on the Collectors Universe web site which is now owned by PCGS.
In the December 14th, 1998 issue of Coin World the very rare Adams 1804 Draped Bust $1 demonstrates the following: "When the coin was sold in 1993 the coin was in a PCGS Proof 45 holder.
PCGS uses doubled die as the A die that has been struck more than once by a hub in misaligned positions, resulting in doubling of design elements.
Upon reading the second dealer's ad further I had my answer as he states "Populations are PCGS only". So based on just this issue of Coin World we know there are at least three MS-61s and have no clue if there are any graded higher.
The example was PCGS graded as VF25 and has been removed from its slab casing. On the obverse note the misspelling of GEORGEIVS.
and to greatly increase its marketability, you should have it authenticated and certified as to grade by one of the independent third-party grading services such as the Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS).
There will always be differences of opinion in grading; however, if an uncirculated coin's problems prevent it from being certified by either PCGS or NGC that coin will probably be valued at less than the equivalent certified grade in the marketplace.
sold his PCGS slabbed Proof-66 1880 Coiled Hair variety Stella at a Superior Galleries auction I cataloged. Andy had paid $900,000 for it in the heat of the market eighteen months before. Superior sold it for $400,000 plus the juice.
This quarter was certified by PCGS MS 63. This is a spectacular major mint error and a unique discovery coin. It is the only known U.S. Quarter (pre-state or state) struck on the pure copper core.
 See also: Coin, Grade, Collector, Dollar, Gold
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