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Well, I Won It. But It Didn't Come Cheap!

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Pillar of the Community
United States
655 Posts
 Posted 02/27/2018  10:36 am  Show Profile   Bookmark this reply Add ron6788 to your friends list
Hi, again. You would know best, Mike, since you have this coin in person and you took these pics. However, don't be biased, either. The light seems to have caught a few hairlines on the surface, for all practical purposes. I'm still not saying that makes it bad. Every coin, even uncs, can have some kind of contact marks.

Well,-I-Won-It.--But-It-Didn't-Come-Cheap!
Well,-I-Won-It.--But-It-Didn't-Come-Cheap!
Well,-I-Won-It.--But-It-Didn't-Come-Cheap!
Pillar of the Community
United States
8715 Posts
 Posted 02/27/2018  10:57 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list

Quote:
Hi, again. You would know best, Mike, since you have this coin in person and you took these pics. However, don't be biased, either. The light seems to have caught a few hairlines on the surface, for all practical purposes. I'm still not saying that makes it bad. Every coin, even uncs, can have some kind of contact marks.

Ron, I noticed the same hairlines earlier. It may be the reason why the coin got a Details grade. I can't be sure that they are from cleaning, as sometimes coins can have small hairlines from circulation. Another thing that makes it difficult to tell whether the coin has original surfaces is that we are grading the coin from pictures. However, the coin has still has a very nice eye appeal, cleaned or not cleaned.
Valued Member
United States
414 Posts
 Posted 02/27/2018  12:15 pm  Show Profile   Bookmark this reply Add cableguy815 to your friends list
I highly doubt those are cleaning/contact hairlines, let alone hairlines sufficient to merit a details grade. Mike literally has a bright light source shining on the coin and under that kind of direct light pictures always accentuate "hairlines", not to mention that this is a coin photographed through a slab which does all kinds of funky stuff to lighting.

I'm sorry, but I don't see anything to change my view that NGC is just plain wrong - this is a beautiful, mint state coin. Especially so if luster is crisp and uniform, as Mike confirmed in a previous post.

Mike quit stalling and send the darned thing to PCGS will ya! Yes, it may be safe in it's NGC holster, but it's not getting recognition it deserves in a details holder.
Pillar of the Community
United States
3479 Posts
 Posted 02/27/2018  9:59 pm  Show Profile   Bookmark this reply Add MikeF to your friends list
Exactly. This was put under harsh light to try to bring out any flaws. I could show you my portfolio of other masterpieces of photography I took under that same lamp that others screamed were cleaned but came back in straight graded holders from the tpgs. I can see what one might think are 'hairlines' in the circles you drew but they aren't. Not even close.
Pillar of the Community
Canada
1267 Posts
 Posted 02/28/2018  04:08 am  Show Profile   Bookmark this reply Add hadleydog to your friends list

Quote:
On the other hand though, I am not at all surprised things are downgrading right now with how conservative grading went around the new year. It almost seems like someone convinced the TPGs that people wanted ultra conservative grading and they decided to experiment with it.




The examples are endless. I know of a few pieces that have made their way from au holders to low ms during lax periods in grading. One of the Bass 3 cent silver coins was originally an au55 and is now an ms63 I believe, bet it would be back in an au slab if resubmitted raw today.
Look at all the dmpl Morgans in old green PCGS slabs, or first generation NGC slabs. Very few are dmpl by today's standards.
Here is a piece that I owned twice. As a 66 dmpl, I felt it was undergraded but had shallow mirrors. When I purchased it the second time, I believe they got it right.

Well,-I-Won-It.--But-It-Didn't-Come-Cheap!
Well,-I-Won-It.--But-It-Didn't-Come-Cheap!
Pillar of the Community
United States
6370 Posts
 Posted 02/28/2018  1:37 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Looking at your harshly-lit pictures, I see definite wear, so AU is justified. I am also no seeing the elevation chromatics and natural randomness that I would expect from a naturally-toned coin. I don't have the coin in hand, but I do not think the color is original.


Quote:
Also, even in the images I uploaded to CCF, you can see the frosty luster in the fields. That doesn't happen on a cleaned coin.


False!

Here is a cleaned coin. The luster is blazing and original. PCGS called it cleaned. Bill Fivaz and I agreed. Whaddya think?

Well,-I-Won-It.--But-It-Didn't-Come-Cheap!

Well,-I-Won-It.--But-It-Didn't-Come-Cheap!
Pillar of the Community
United States
3479 Posts
 Posted 02/28/2018  2:09 pm  Show Profile   Bookmark this reply Add MikeF to your friends list
Typecoin! You're a bit late to the party. I don't think this fargin thread will ever end.

Step right up, folks!
Rest in Peace
United States
10625 Posts
 Posted 02/28/2018  2:16 pm  Show Profile   Bookmark this reply Add dave700x to your friends list

Quote:
I don't plan to do anything at this point. I'm just happy to have it in my collection. It's safe in the NGC slab.


This seems like a good plan. Don't play into the TPG re-submit game.
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United States
3479 Posts
 Posted 02/28/2018  2:30 pm  Show Profile   Bookmark this reply Add MikeF to your friends list

Quote:
This seems like a good plan. Don't play into the TPG re-submit game.



I agree. People seem hell-bent on hashing out the same thing over and over again for another 12 pages. Good grief.
Valued Member
United States
414 Posts
 Posted 02/28/2018  2:32 pm  Show Profile   Bookmark this reply Add cableguy815 to your friends list

Quote:
Here is a cleaned coin. The luster is blazing and original. PCGS called it cleaned. Bill Fivaz and I agreed. Whaddya think?


Great looking Morgan. Are hairlines evident or is this a dipped coin? If no immediate evidence of cleaning stands out and the coin is "blazing" with luster as you describe, then I'd say the cleaner did a superb job, akin to what NCS does for a fee and then "qualifies" the coin for a grade. If the above holds true, I don't see why this Morgan shouldn't get a straight grade.

As for your argument about unnatural tone on Mike's coin, that's a different matter entirely. Terms like market acceptable or not have been used to discuss toning and from what I see, this half has lovely toning that only adds to appeal, even if it is "unnatural" - I'd pay a premium for this kind of toning and eye appeal.

Nevertheless, if it was the toning that led NGC to details this coin, then I'd have liked to see "questionable color" on the holder instead of "cleaning".
Pillar of the Community
United States
1261 Posts
 Posted 02/28/2018  2:33 pm  Show Profile   Bookmark this reply Add chesterb to your friends list
Is the coin authentic? I'm not so sure?!!
Pillar of the Community
United States
7375 Posts
 Posted 02/28/2018  5:15 pm  Show Profile   Bookmark this reply Add edweather to your friends list
I still think a PCGS submission is a good idea. Maybe not right now, but at some point. Been a fun thread.
Pillar of the Community
United States
6370 Posts
 Posted 02/28/2018  5:38 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
Typecoin! You're a bit late to the party. I don't think this fargin thread will ever end


Yeah... I have not been around here much in the past few months.


Quote:
Great looking Morgan. Are hairlines evident or is this a dipped coin? If no immediate evidence of cleaning stands out and the coin is "blazing" with luster as you describe, then I'd say the cleaner did a superb job, akin to what NCS does for a fee and then "qualifies" the coin for a grade. If the above holds true, I don't see why this Morgan shouldn't get a straight grade.


There are a few scattered hairlines that indicate a very light wiping. The hairlines are there, but not easy to see.
Valued Member
United States
414 Posts
 Posted 02/28/2018  6:22 pm  Show Profile   Bookmark this reply Add cableguy815 to your friends list

Quote:
There are a few scattered hairlines that indicate a very light wiping. The hairlines are there, but not easy to see.


Fair enough. In my view this Morgan is entirely passable as a straight grade in the MS range. If hairlines are visible with carful inspection I can see why PCGS detail holdered it. This is not a particularly rare or valuable Morgan so no need to give it the leniency rarer coins receive. I don't know the cutoff threshold (I imagine it is quite arbitrary based on the group handling the coin) but in the realm of rare world coins, a lot of leeway is given.

This specimen is an example of a coin I own. I assure it is virtually impossible to find an untouched 250 year old coin that is as blast white as this one (akin to your Morgan). I know without a doubt it has been cleaned as hairlines are evident without much need for close inspection. You can even see hairlines in the NGC picture. But this is a straight graded MS63 so you know the coin got some (too much?) leeway, probably because of its strong luster.

https://www.NGCcoin.com/price-guide...duid-1544819

Point being, it's all a crapshoot and Mike should roll the dice again and re-submit! I believe his coin is beautiful and rare enough to warrant just a smidgeon of leeway which would be more than enough for a straight grade.
Edited by cableguy815
02/28/2018 6:23 pm
Pillar of the Community
United States
6370 Posts
 Posted 03/01/2018  01:19 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
I think your coin is blast-white because it has been dipped. The "hairlines" you see are actually die polish.
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