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Hung My Head In Disappointment Over This One...(1846 Seated Liberty Dollar)

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Pillar of the Community
United States
1200 Posts
 Posted 02/02/2018  9:30 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list
Looks heavily cleaned and/or polished to me. It really bugs me when TPGs straight grade such obviously cleaned coins. A big reason to buy a slabbed coin is so you know it's authenic and not cleaned so this practice on older coins is very deceptive to the buyer. I guess 90%+ of pre-1900 coins are cleaned so maybe they straight grade so coins in their holders seem more valuable.
Pillar of the Community
United States
8715 Posts
 Posted 02/02/2018  9:44 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list
That's definitely not market acceptable. I can't figure out how the graders at NGC could miss this.
Pillar of the Community
United States
3479 Posts
 Posted 02/02/2018  10:06 pm  Show Profile   Bookmark this reply Add MikeF to your friends list

Quote:
That's definitely not market acceptable. I can't figure out how the graders at NGC could miss this.



Always remember that the grading companies have an advantage. They had the pleasure of viewing this coin in hand. We do not. When put under harsh light, issues will be exasperated. You can scream at the top of your lungs about it being harshly cleaned, but without viewing it in hand, I tend to side with grading companies. NGC deemed this coin as market acceptable after viewing it in hand.
Bedrock of the Community
United States
12057 Posts
 Posted 02/02/2018  10:33 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
There's a reason the coin sold way under market, not only is it hideously ugly, it's been harshly cleaned. Shame on NGC.

If this is "market acceptable" then I must not be part of the market since I sure don't consider it acceptable to be in a straight-graded holder.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Pillar of the Community
United States
1261 Posts
 Posted 02/02/2018  10:34 pm  Show Profile   Bookmark this reply Add chesterb to your friends list
The seller says it's beautifully toned...that's good enough for me!

Bedrock of the Community
13014 Posts
 Posted 02/02/2018  10:37 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
I'm not a big fan of NGC, but I would bet it's not as bad as those pictures are making it look. That said the grade does seem to be a bit generous.
Pillar of the Community
Canada
683 Posts
 Posted 02/02/2018  11:27 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list

Quote:
.Always remember that the grading companies have an advantage. They had the pleasure of viewing this coin in hand. We do not. When put under harsh light, issues will be exasperated. You can scream at the top of your lungs about it being harshly cleaned, but without viewing it in hand, I tend to side with grading companies. NGC deemed this coin as market acceptable after viewing it in hand


Though I see where you are coming from I have to disagree. There are so many red flags on this coin visible just from the photos (I.e. the uneven surfaces, uneven color, uneven wear.) Pretty much uneven everything. And considering the price it sold for I would say the other people (buyers) noticed that as well. Lots of things that don't look to be from average circulation.
Pillar of the Community
United States
3479 Posts
 Posted 02/03/2018  12:22 am  Show Profile   Bookmark this reply Add MikeF to your friends list
Here are the photos for the record.


Hung-My-Head-In-Disappointment-Over-This-One...1846-Seated-Liberty-Dollar
Hung-My-Head-In-Disappointment-Over-This-One...1846-Seated-Liberty-Dollar
Rest in Peace
United States
17900 Posts
 Posted 02/03/2018  10:59 am  Show Profile   Bookmark this reply Add moxking to your friends list
with Mike. Eye appeal is the problem, not the technical grade. Grading from any photos is no comparison to in hand grading.

Pillar of the Community
United States
3210 Posts
 Posted 02/03/2018  11:41 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list
I've noticed one thing common with some pieces with NGC. Note the location of the seller. Sarasota, FL. Hmmm I wonder where NGC is....you guessed it Sarasota. I've noticed they've been more than generous with several coins that originate on ebay from Sarasota. You wonder if there is any hometown bias going on? It is very possible local shops and dealers drop the coins off and get an extra benefit because they're local. Wouldn't surprise me at all if this was the case.
Bedrock of the Community
United States
94367 Posts
 Posted 02/03/2018  1:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Whatever the reason, a most unappealing coin.
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United States
189767 Posts
 Posted 02/03/2018  11:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Not sure how I feel about this one. It is not "growing on me" like they typically do, so I would probably pass even though it was within my budget.
Pillar of the Community
United States
4211 Posts
 Posted 02/04/2018  4:30 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list
That would get a pass for me also. Yuck!
Pillar of the Community
United States
2216 Posts
 Posted 02/05/2018  10:41 pm  Show Profile   Bookmark this reply Add jpsned to your friends list
Beside the fact that it's obviously been cleaned, it looks like it got beat up in the process. To quote Debrajc... "Yuck!"
Valued Member
United States
398 Posts
 Posted 02/08/2018  07:25 am  Show Profile   Bookmark this reply Add LocalCoinGuy to your friends list
Looks like a good pocket piece - some wear may help!
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