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Replies: 45 / Views: 7,291 |
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Pillar of the Community
United States
1191 Posts |
Wow that's ridiculous. Your coin "detailed" while other old coins clearly are cleaned but straight grade. I am also curious if it graded as a proof but I'm guessing it didn't. Maybe you could try sending to anacs?
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Pillar of the Community
United States
7621 Posts |
Looks like this might be a classic case of what happens when a "regular Joe" (like us) submits a rare coin for TPG vs what happens when a big auction house sends in a coin for TPG. I'd venture to guess that if your coin was submitted by a big auction house the grading results would have had a different outcome. Grading is not anonymous --- never has been, never will be!
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Bedrock of the Community
United States
19957 Posts |
Altered color and no mention of proof....BAH! Send it to PCGS. If PCGS says "questionable color", put it in a window sill naked for a year or so and resubmit.
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Pillar of the Community
 United States
8938 Posts |
Lol try anacs it's cheaper
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Bedrock of the Community
United States
74279 Posts |
I don't get it either.
Errers and Varietys.
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Pillar of the Community
 United States
8938 Posts |
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Valued Member
United States
261 Posts |
reason #30 why I dont bother to submit
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Pillar of the Community
United States
3402 Posts |
What a waste of money and time...too bad there is no way to present your case to TPGs to help them see the light.
KK
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Pillar of the Community
 United States
4404 Posts |
Just received the coin back in the mail and I decided to call NGC. The customer service rep said the graders determined it was not a proof coin. I asked how and all I got was something along the lines of "we have multiple graders that look at the coins and they said it wasn't a proof." I said thank you and hung up. Despite the coin having multiple die markers that match graded 1910 proofs, these graders said it wasn't a proof AND couldn't give me a valid reason why (although TPGs never explain their grades, so I shouldn't be too surprised about that). I've sent coins to NGC twice and had some issue BOTH TIMES. I think I'm going to let that membership expire. Also there's one other interesting thing I found. Here's a quote from a PCGS article: Quote: the copper matte surfaces, and the mint paper in which the coins were wrapped for shipment (containing sulfur), would react chemically in such a way to create, in some instances, the most wonderful and colorfully-toned and beautiful coins that could ever be seen. https://www.PCGS.com/news/pennies-f...roof-lincolnCould this explain the 'altered color'? Maybe sometime I'll break this one out and submit it to some other TPG, but that won't be anytime soon. For now, I'm done with this coin.
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Bedrock of the Community
United States
10982 Posts |
Proof dies are sometimes "reused" to strike business issues so the die markers can be present on business strikes.
Altered color means they think the surfaces were messed with in some way resulting in an altered appearance. With Lincoln's that usually means a Brown or Red-Brown piece was worked on to make it appear Red.
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Bedrock of the Community
United States
94367 Posts |
Good point on the re-use of proof dies.
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Pillar of the Community
 United States
4404 Posts |
I guess that's a possibility. Is there an example of this happening with a matte proof die?
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Bedrock of the Community
United States
10982 Posts |
Quote: Is there an example of this happening with a matte proof die? I cannot answer that question. Perhaps there is an early Lincoln proof expert out there who can chime in. I do know it was a common practice at the Philadelphia mint in the 19th century.
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Pillar of the Community
United States
3402 Posts |
Quote: "we have multiple graders that look at the coins and they said it wasn't a proof." We must ask the question...what are the qualifications of the graders...do they each have 30 years numismatic experience across all series or are they college kids who are hired/fired as they are needed, with minimal training.  4 people cannot look at millions of coins a year, giving each its due time and referencing back-up material as needed. There probably aren't that many people with the broad spectrum of numismatic experience around in their local area to support that staff. These qualified opinions are not that qualified. IMHO KK 
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Pillar of the Community
United States
952 Posts |
I let my membership to NGC expire too....the little guy often gets the shaft but I have seen plenty of high MS coins that have terrible eye appeal but were sent in through a big company in bulk submissions. I smell a rat.
And let's not even talk abt the fact that many slabbed coins do not draw the diff in premium vs non-slabbed. Unless it is something of high value it isn't worth submitting.
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Replies: 45 / Views: 7,291 |