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Replies: 17 / Views: 5,217 |
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Valued Member
United States
312 Posts |
Apparently I mostly wasted the "free" submissions that I got with my PCGS membership... Below are the pics that I submitted, followed by my estimated grade and the results...   Me: High AU/Low MS, color MAYBE questionable though I did not think so... PCGS: Questionable color   Me: MS-63 PCGS: MS-63 (ok, I did get a few right)   Me: MS-63/64 PCGS: Questionable color (WHAT?!)   Me: MS-64 PCGS: Questionable color (?!!)   Me: Coin toss between AU/Cleaned (obviously cleaned - was hoping it would grade) PCGS: Cleaned   Me: XF-45 PCGS: XF-45 :)   Me: MS-65 FB PCGS: Cleaned   Me: MS-66 PCGS: MS-65
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Moderator
 United States
16679 Posts |
I don't agree with them on the first Morgan at all. The second to the last Merc is a toss up with me. All the rest, I agree with PCGS. Nice coins!
swcoin.ecrater.com
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Rest in Peace
United States
5375 Posts |
PCGS is notorious for handing out the questionable color thing like candy, often there is a judgment that if a coin doesn't look 'generally like it should' it is automatically questionable. The 1826 does not look strongly cleaned, and I'm a little surprised they didn't let it in a slab since they are so lax with bust coins.
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Pillar of the Community
United States
1150 Posts |
If you were a 'big name' dealer, they would have been nicer to ya'!
Nice coins, anyway. Luckily, we don't need PCGS to be able to enjoy our stuff.
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Valued Member
United States
361 Posts |
No doubt pcgs is "kindler and gentler" to the big boys. I really think the 16 Merc looks it could be in a holder with 64 fsb. Nice group of coins.
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New Member
United States
6 Posts |
I did about as well the first time I sent coins to a Third Party Grading Service. Very nice coins. I really like the 1853 Quarter.
GatewayCoinGuy
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Pillar of the Community
United States
2661 Posts |
I must say that the only problem I see with 1916 Merc is the small rim ding at the 4 o'clock position on the obverse. The 1899 and 1900 Morgans I tend to agree with PCGS. Personally I am put off by the color of the Bust Half. If I was to see that coin in hand I may form a different opinion, but that is just my thoughts.
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Pillar of the Community
2223 Posts |
That's exactly what and why the TPGs turn me off.
Nice looking coins I'd be proud to have and show.
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Pillar of the Community
United States
1348 Posts |
Regardless if they have been cleaned I think they should be graded and noted "cleaned" or something. Really just wastes our money sending them in
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Pillar of the Community
United States
2541 Posts |
I think they're all nice coins and I hope you enjoy the collection. I'd like to see a rationale from PCGS rather than just "questionable colour", but I think we all know that isn't going to happen. I now feel less confident buying raw coins...
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Valued Member
 United States
312 Posts |
Thanks all!
I'm very confident in the colors of the two later date Morgans - those are colors I've only seen on naturally toned coins (the coloring isn't reflected perfectly in the photos - it goes from a peacock green into a nice light rose color). The toning does not just have a surface look, and contains the 'shadow-effect' that is supposedly only present in naturally toned coins (though the absense of it does not mean toning is not natural). Not to mention - I bought them from a dealer I trust, who was the one to pop them out of an old album.
What I'm not confident in is PCGS and their money-wasting over-caution - I'm going to either try resubmitting one of them, or give NGC a shot with them.
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Bedrock of the Community
United States
10045 Posts |
My immediate reaction to the first Morgan was that toned over a long period of time. 3rd, 4th Morgan--why would that be intentional/questionable/AT?  Perhaps I need an expert's eye?
Edited by DVCollector 05/20/2011 1:50 pm
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Pillar of the Community
Canada
902 Posts |
I have never heard of Questionable color, but as far as cleaned I would think they should still grade it & mark it as such.
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Bedrock of the Community
United States
12437 Posts |
Quote: The toning does not just have a surface look, and contains the 'shadow-effect' that is supposedly only present in naturally toned coins (though the absense of it does not mean toning is not natural).  That is one of the first diagnostics I learned for NT coins. I have never seen an explanation for the phenomenon but I strongly suspect it has something to do die flow lines and their interaction with the slow kinetics of a natural toning reaction. I have owned a couple Morgans with a very similar toning scheme, both were in NGC slabs so obviously NGC did not have a problem with the toning. It baffles me that a grader employed by PCGS, someone who should be considerably more experienced than myself, fails to recognize one of the simplest diagnostics of natural toning 
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Bedrock of the Community
United States
19949 Posts |
Another fine example of TPG toning rejection. The 1899 and 1900 are definately NT market acceptable. PCGS is extremely paranoid about their reputation the past few years so they ALWAYS error on the side of "questionable color" if there's the slightest doubt.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
1547 Posts |
They're color-cooky, but they're a big shaper of public opinion. As a matter of fact, that's the only thing they're really good at. FWIW...
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Replies: 17 / Views: 5,217 |