Why Won't They Grade My Coin?
A day ago, popular Blogger lunaticg put up the post about my coins and banknotes grading services :"Dickson Niew Currency Grading Services." My Dickson Niew Collection Corner at Subang Jaya received many enquiries about my grading services.
Among questions they frequently asked were:Why the grading company still charged me when they didn't grade my coins?
This doesn't mean that these coins are worthless . Far from it. It just means that the grading service has decided in the interest of preservation of the coin, protection of value, or sight-unseen trading that the coin should not be slabbed.
There are currently ten different categories of "nograde" classifications currently in use by PCGS. If a coin falls into one or more categories, it will be returned unslabbed. These categories are:
Furthermore, there is considerable disagreement over what is natural and what is artificial. Everyone agrees that a coin that is intentionally dipped in Clorox until it turn purple is artificially toned. And nearly all experts agree that a coin that was dipped 10 years ago, and left to tone naturally in a coin album or envelope is a naturally toned coin. But what about a coin that has been left out in the sun in an envelope for few weeks? How about in an oven for four minutes?! Now you see the problem.
Most of the time, the grading services can tell if the toning on a coin is natural or artificial. Still, it can be pretty maddening to buy a 1915 proof set from a family that has held the set since Great-Granddad purchased it in 1915, and have some of the coins come back "Questionable toning." But it happens.So you grit your teeth, spend another submission fee and send the coins back. Or send it to another grading service. It's just a cost of playing the game.
Source:James L.Halperin,How To Grade U.S. Coins
To be continued....