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1862 IHC - You Vs ANACS

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Pillar of the Community
United States
3276 Posts
 Posted 03/03/2012  11:04 pm  Show Profile   Bookmark this reply Add murrellington to your friends list
My goodness, I don't see any wear to make it AU.



Can't wait to see what NGC thinks.
Bedrock of the Community
Australia
21788 Posts
 Posted 03/04/2012  12:50 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
MS62 or 3.
Pillar of the Community
United States
3453 Posts
 Posted 03/05/2012  09:13 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
Wow! Even better out of the holder.
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 Posted 04/05/2012  6:37 pm  Show Profile   Bookmark this reply Add BrickellCat to your friends list
Here it is in the new holder.

1862-IHC---You-Vs-ANACS
Valued Member
United States
278 Posts
 Posted 04/05/2012  8:27 pm  Show Profile   Bookmark this reply Add rustyboy to your friends list
Amazing coin. 62-63 is right. Some dings, but no honest wear anywhere! Just about perfection unless you were standing on the end of the coining press in '62
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Canada
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 Posted 04/05/2012  8:41 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list
Wow, what a great looking coin out of the holder.

Why would ANACS grade it at AU-58, what would they have missed to not see that is a MS coin.

Glad you resubmitted it and got a MS grade.
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United States
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 Posted 04/05/2012  9:08 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
Dang! Ray Charles has a new job at ANACS! Did not see that one coming.

Still a beauty to me!

(after reviewing the previous posts) I commented on this one (pre-NGC) and still got suckered into to the ANACS grade. I have always liked NGC slabs, but this one may be the kicker! AU58 price for a MS62 Coin?

I was orignally thinking MS63 from the OP.
Edited by oih82w8
04/05/2012 11:30 pm
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16681 Posts
 Posted 04/05/2012  10:56 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
I agree with MS62. ANACS goofed on this one.
swcoin.ecrater.com
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United States
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 Posted 04/05/2012  11:04 pm  Show Profile   Bookmark this reply Add murrellington to your friends list
Hope you got it for a great AU price. Awesome job, and MS62 sounds way better!
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 Posted 04/05/2012  11:49 pm  Show Profile   Bookmark this reply Add BrickellCat to your friends list
Yeah, I got it for AU money. I thought it looked alot better than AU.
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 Posted 04/06/2012  12:50 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
swcoin.ecrater.com
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United States
154 Posts
 Posted 04/06/2012  1:52 pm  Show Profile   Bookmark this reply Add cinemabon to your friends list
You nearly doubled its value. Great decision!
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 Posted 04/10/2012  08:36 am  Show Profile   Bookmark this reply Add jessvc1 to your friends list
I wonder why the place you bought it from didn't spot this, too bad for them and good for you. It pays to know your coins if that's the profession you choose! This is what makes coin collecting so fun. Now days I'm not too much into slabbed coins and usually bring a loupe and spend all day in a coin shop searching for varities and buy raw instead but these are stories I like to hear about.
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 Posted 04/17/2012  12:42 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list

Quote:
I wonder why the place you bought it from didn't spot this ...


This appears to be yet another example of buying the holder as opposed to the coin. IMHO, dealers can be no less guilty of making this blunder than are collectors. Many dealers simply view coins as commodities to be bought and sold; and in the process, fail to look under the hood. It's from such dealers that astute collectors can make their best buys.

This thread is a textbook example of the "buy the coin, not the holder" scenario. It serves to show us that even the top tier TPG's make errors in grading.
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United States
10982 Posts
 Posted 04/17/2012  1:58 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
MS62 is a classic "market" grade for sliders. There must be some luster breaks that both ANACS and NGC saw or it would have graded 63 easily and probably 64. In this case (apparently) both ANACS and NGC got it right with NGC "market" grading it into a 62 slab because it is really nice.
ANA #R3154474
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