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I Had A 1890 CC Graded MS-62 By PCGS I Cracked It To Give It A 3 Second Dip Now I See Hairlines

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Bedrock of the Community
United States
36880 Posts
 Posted 07/30/2024  11:37 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
I doubt very much this coin will get an MS grade again. Always best to leave toned coins alone as the results may not be what you expect.
New Member
United States
9 Posts
 Posted 07/30/2024  2:40 pm  Show Profile   Bookmark this reply Add Scomer to your friends list
I never knew toning hid that much. Same luster, but now you can see lower luster on left. I fear a AU58.
Well I learned a valuable lesson. I wish I would have sent into them to conserve our reconsideration. I'm blown away at what was hidden.
But PGCS should grade the Same. They know what their are doing. How could it get details grade if it didn't before. Do you think they would do that? And then what if I send the old slab back in with the grade of the straight grade it. Won't they change the grade?
New Member
United States
9 Posts
 Posted 07/30/2024  2:52 pm  Show Profile   Bookmark this reply Add Scomer to your friends list

I-Had-A-1890-CC-Graded-MS-62-By-PCGS-I-Cracked-It-To-Give-It-A-3-Second-Dip-Now-I-See-Hairlines
I-Had-A-1890-CC-Graded-MS-62-By-PCGS-I-Cracked-It-To-Give-It-A-3-Second-Dip-Now-I-See-Hairlines

Here are before and after. Man it looked for much better. If it doesn't grade I'm sticking in a Sulphur book for 5 years and regrade.

Do you think it will grade? No lose of luster at high points
Pillar of the Community
United States
3327 Posts
 Posted 07/30/2024  3:51 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list
I can't see how that coin garnered a 62 initially. Looking at the TV images with the required salt grain, it looks like a circulated coin to me. Could this be market grading at work, because of the toning? There is a ~$400-500 value difference between mid-AU and MS62. I've made no secret about my disdain for market grading, and this may be case in point.

Regardless of grade, the TVs may suggest a cleaned coin. Too many nicks on the face, toning only on the peripheral areas of the devices, and possible rub on the high points. What the dip likely did was reveal what was already there and overlooked by PCGS.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Bedrock of the Community
United States
94367 Posts
 Posted 07/30/2024  4:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
So then, you would assign a technical grade of ...?
Pillar of the Community
United States
3327 Posts
 Posted 07/30/2024  4:15 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list
My ill-informed technical grade would be AU55 based on TV photos, so a rough guess.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Pillar of the Community
United States
1778 Posts
 Posted 07/30/2024  4:49 pm  Show Profile   Bookmark this reply Add psuman08 to your friends list
I tend to agree that this looks like an AU coin after the dip. I wonder if it may get details now that the slide marks are not hidden in the toning. Tough break.
Pillar of the Community
United States
7638 Posts
 Posted 07/30/2024  5:49 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Leaving toned coins alone would be like telling a five year old kid not to pick a scab. The urge is too great not to pick it, or dip it! It's been that way a long time.
Pillar of the Community
Learn More...
United States
2703 Posts
 Posted 07/30/2024  6:26 pm  Show Profile   Bookmark this reply Add t360 to your friends list
Damaging a rare coin to game the system. Not good stewardship of our numismatic heritage.
Pillar of the Community
United States
4471 Posts
 Posted 07/30/2024  8:20 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list
The example has a little luster, but it looks circulated. My guess is that PCGS grades it AU details cleaned.
Bedrock of the Community
United States
94367 Posts
 Posted 07/30/2024  8:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Can't see it back in a 62 holder.
Pillar of the Community
United States
7638 Posts
 Posted 07/30/2024  11:30 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
with Frog!
Pillar of the Community
United States
4471 Posts
 Posted 07/31/2024  09:30 am  Show Profile   Bookmark this reply Add Slider23 to your friends list

Quote:
I wish I would have sent into them to conserve our reconsideration. I'm blown away at what was hidden.
But PGCS should grade the Same. They know what their are doing. How could it get details grade if it didn't before. Do you think they would do that? And then what if I send the old slab back in with the grade of the straight grade it. Won't they change the grade?


Once you crack out a coin, the old grade holder has no value in the new grading process as it is treated as a raw coin because cracked out coins sometimes get mishandled, scratched, cleaned and dipped. From your photos the example looks circulated and cleaned. PCGS often will treat dipped circulated coins as cleaned.
Valued Member
United States
202 Posts
 Posted 08/01/2024  10:50 pm  Show Profile   Bookmark this reply Add apcol258 to your friends list

Quote:
but if you would have looked at the number on the cracked case you would have found this exact coin in true view.


What in the world are you talking about?
Pillar of the Community
United States
3327 Posts
 Posted 08/02/2024  08:49 am  Show Profile   Bookmark this reply Add Bump111 to your friends list
@Scomer, don't be too hard on yourself over this. Most folks who've been in the coin game for any length of time have done something they regret (including me many times ). Put this behind you, filed under "I might not want to do that next time," and keep plugging along. You still have a less-common Morgan that can be a nice part of your collection. I would suggest going to VamWorld to see if you can pin down the variety.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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