Some of you may have read about our frustration with PCGS and the original Long Island 50c that we sent for grading during the ANA (see our 8/28 article). Well I am pleased to say that after we sent the coin in directly to Don Willis, President of PCGS they graded the coin MS-66. Pictured below is the same coin in both the “genuine” holder and the MS-66 holder.
It is just a shame that it took two submission fees and postage to and from California and the time involved to get the grade correct. We are fortunate that as a dealer we know how to navigate the politics of grading but what about the individual that cannot capitalize on the contacts they have in the business?