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 Replies: 11 / Views: 1,543 |
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Pillar of the Community
United States
1962 Posts |
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
United States
2543 Posts |
" conserved ? " Isn't that a fancy way of saying cleaned ?
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Pillar of the Community
United States
5362 Posts |
The NGC label does NOT indicate conserved. The description says it was. So who is right? I am missing something here. Has NGC lost their mind?
If that coin is MS 63 on the Dos Mundos side - I will eat it with a side of fries. That side is DEAD.
The grade is insane.
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Pillar of the Community
 United States
1962 Posts |
The seller is using that buzzword "conserved"... now in an NGC holder... that adds up to the piece having gone through NCS service into the NGC slab.
Even that is kind of odd... For the MOST part, from what I know, NCS typically just uses fancy dips to remove stubborn material. Now, I don't know whether NCS did it or not, but that pillars side HAS to have seen a physical wiping/cleaning at some point.
At any rate, no way that should be in a 63 holder... or even a 60/61.... it's "UNC details, obverse cleaned" (assuming obv=pillars).
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Pillar of the Community
United States
3184 Posts |
guys, seriously, world coins are not graded the same way as US coins. Some mexican/spanish, etc reales were produced in certain fashions in which the edges are messed up, etc and they still can get graded. Its how some were created. |
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Pillar of the Community
United States
5362 Posts |
World coins are normally held to a higher standard than US. But to give a cleaned coin an MS 63 is a farce.
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Pillar of the Community
United States
1962 Posts |
Why even respond to that?
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Valued Member
Germany
194 Posts |
Wow! That coin is worth every one of the 290,500 pennies the buyer forked out for it - It's the first and most likely ONLY coin ever that was already polished at the mint (MS = mint state, remember?) That's why I crack out each and every of the coins I buy that unfortunately come in one of these Snowwhite's coffins (well, I don't collect US, where it makes sense to convert millions of Morgan dollars into high-class rarities by assigning these funny MS grades...) |
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Valued Member
United States
98 Posts |
dosmundos wrote: Quote:(well, I don't collect US, where it makes sense to convert millions of Morgan dollars into high-class rarities by assigning these funny MS grades...) That's going to be the game for a while here in the US, I'm afraid ... IMHO, it's a bubble that's just begun to inflate. |
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Pillar of the Community
United States
2543 Posts |
Multitude of new world wide collectors = multitudes of new counterfeits = multitudes of wary buyers = baseless trust in TPG's and slabbed coins. Another tangent in the history of numismatics. |
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Pillar of the Community
United States
5362 Posts |
I have previously said that the two worst things to happen to numismatics since I started collecting in 1956 were the widespread adoption of Sheldon's grading scale and the Third Party Grading racket.  For anyone interested my third pet peeve was the proliferation of Proof sets and proof coins made to satisfy "collector demand." This made them super common and VERY artificial. Now we have meaningless proof for every trivial occasion and new "mint" (factories) springing up to make more limited edition JUNK. I bet you can find a proof that celebrates the 10th anniversary of the corner hot dog stand if you look enough.  It is all part of a get rich quick way of thinking that creates a rarity from NOTHING and pumps up a market for GARBAGE. |
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Replies: 11 / Views: 1,543 |
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Posted 02/14/2013 8:04 pm
