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1882 IHC- Are The TPG's Losing Their Touch?

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 Posted 07/16/2014  1:07 pm  Show Profile   Bookmark this reply Add CoinCollector2000 to your friends list
http://www.ngccoin.com/certlookup/i...=3838808-037

Check out the pics on the cert. Looks to have a lot of luster.
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 Posted 07/16/2014  3:55 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list
I'm at VF35 maybe XF45 on a good day but no way AU58.
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 Posted 07/16/2014  4:14 pm  Show Profile   Bookmark this reply Add amida17 to your friends list
Almost looks tooled?
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 Posted 07/16/2014  5:24 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
I have been upgrading my indian set, and I have to say that I agree that grading has been degraded(pun intended)lately. Sure, some of it could be due to weak strike, and if that is the case, I would expect a lot of cartwheel luster on that coin. I can't tell from the pics how much luster is visible, so I would just steer clear. NGC seems in general to be worse than PCGS on indians, especially earlier ones from the 60s and 70s. Personally, I would have given this coin a 40-45 given there is no luster as illustrated.
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 Posted 07/16/2014  5:27 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list
I have some in this condition and have never considered them higher than VF - but then I'm English!
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 Posted 07/16/2014  5:45 pm  Show Profile   Bookmark this reply Add wesal94 to your friends list
I'm not much of an IH grader but I had this pegged at 45. I would think a weak strike contributed to some of it but don't know that it would account for the apparent wear of some of the finer details.
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 Posted 07/16/2014  6:13 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list
Maybe Centsles has got himself a part time job at NGC.
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 Posted 07/17/2014  03:22 am  Show Profile   Bookmark this reply Add westcoin to your friends list
Im at VF35 maybe EF40 but nowhere near AU on this IHC.
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 Posted 07/17/2014  09:22 am  Show Profile   Bookmark this reply Add mysilveryears to your friends list
If that's 'AU' I can pretty much upgrade my entire Indian collection without changing out a single coin.
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 Posted 07/17/2014  09:27 am  Show Profile   Bookmark this reply Add shermae to your friends list

Quote:
Maybe Centsles has got himself a part time job at NGC.




Poor strike or LDS could be a factor especially given that no diamonds appear at all. But the ribbon should still be separated. I personally would not buy this beyond a net VF20 or 25, which would take the striking characteristics into consideration. The coin sold for $33- ouch...
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 Posted 07/17/2014  2:36 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list
I wouldn't rule out a labeling error at the TPG. In fact, I've almost convinced myself this is the case. Now why anyone would submit this coin in the first place I can't understand.
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 Posted 07/17/2014  2:47 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list
vf 35 is what my guess would have been
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 Posted 07/19/2014  06:17 am  Show Profile   Bookmark this reply Add papermoney to your friends list
It even looks lightly cleaned to me! NGC has been known to look the other way on coins cleaned long ago, to make the customer feel satisfaction with his submissions.

It is beyond me that this piece of junk got AU-58, I would agree that any points VF-25 through XF-40 would be fair.
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 Posted 07/19/2014  11:00 am  Show Profile   Bookmark this reply Add Celticsoul to your friends list
Low EF - high VF. Everyone has a bad day. That's one of the reasons so many coins have their slabs cracked and sent back trying to garner a better grade than last time.
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 Posted 07/19/2014  11:35 pm  Show Profile   Bookmark this reply Add coinaddict1795 to your friends list
If thats what NGC calls au58, I've got some ms67s for them!
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