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1954-S Posted In December, Just Got Grades Back From PCGS Will Let You Guess

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Pillar of the Community
United States
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 Posted 03/22/2022  5:36 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Quote:
ow! That hurts! That coin is so clean! Ms65/ms66 would be acceptable but 64?! That is a huge deduction on the strike quality. I can see now that Abe is very clean shaven but come on!

Lack of detail vs spotless? Tough call.

I will say that I have seen PCGS grade MS 66 coins that have very strong strikes with three noticeable hits in the devices. I guess they prefer strong detail over gorgeous surfaces.


This only a guess by me and I wish more experienced Lincoln coin people would way in. I did look up every 1954-s coin posted by PCGS that I could find and also went the Heritage auctions site to view past 1954-s sales. I could not see much if any difference between graded 1954-s 's and this coin. In fact I sent a 1955-s coin in the same batch that looked almost identical (but not as clean on surface) and it graded MS-66+. Last submissions I had 3 out of 8 come back detailed with wheel marks all different dates (kinda like a high percentage) No worries I am a rookie and PCGS are professionals. No way PCGS would make a mistake! I can't get any better grading if I don't know what's wrong with coin. I hope someone with more knowledge would educate me on this. All my statements were not intended to be sarcasm (well maybe one). It seems I read awhile back that any coin not well struck could not receive a grade higher than a ms-64. Thanks for looking and commenting. Sure is a nice coin in hand.
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Coinfrog's Avatar
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 Posted 03/22/2022  5:49 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You wuz robbed, but a reminder of what an expensive crapshoot it is to submit common modern coins for grading.
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 Posted 03/22/2022  6:25 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Quote:
You wuz robbed, but a reminder of what an expensive crapshoot it is to submit common modern coins for grading.


As crazy as it seems and you are totally right. I can't help it. I am obsessed with submitting a ms-67 wheat Lincoln. Consumed by it. They are common coins but there aren't very many . That in it self makes it rare. Most ms-67 coins are valued at over 200 dollars. The thrill of finding one on your own, that's the challenge. It will cost me 500 dollars to get a 200 dollar coin That's where you guys make sense. I am improving, 3 out of 5 were ms-66+. I am using these as a guide for future submissions as well as the 6 memorials I got a ms-67 on. My selection to submit has whittled down by 95 percent. Fishing is about to crank up coins will be put on the back burner. When I die they will bury me 10 foot deep because "deep down I am a really good guy" Thanks for helping
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Coinfrog's Avatar
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 Posted 03/22/2022  6:40 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Have you ever read Tennyson's "The Charge of the Light Brigade"?
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BadThad's Avatar
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 Posted 03/22/2022  7:13 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Based on the photos there is no way this is a 64 unless the pics are hiding something in the fields. The strike is hammered, zero issues. Even the shoulder and EPU and O in ONE are strong and fully formed. Let us know if you send it back.
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Coinfrog's Avatar
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 Posted 03/22/2022  7:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
So tell us, are you submitting these directly or through an authorized dealer of some note?
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Petespockets55's Avatar
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 Posted 03/22/2022  9:26 pm  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply
They definitely messed up this grade.

IMHO, I believe that this would have graded MS67 if it had been submitted in a full roll. Lots of safeguards are in place to assure accuracy but sometimes mistakes happen. I would contact them. (Although if you send it back, I wouldn't be surprised if it only ends up at 66 to save some face on the initial graders part.)


Hmmmm, on my keyboard the 4 is right below the 7. (Is this grade the result of "Chubby Finger syndrome"? LOL)

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BadThad's Avatar
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 Posted 03/22/2022  11:03 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
(Is this grade the result of "Chubby Finger syndrome"? LOL)


That crossed my mind as well. It could be an error.
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captainkurt's Avatar
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 Posted 03/22/2022  11:42 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
How about that 1936 d quarter that was in a PCGS holder label as a 1936. It was submitted, graded, received and resold. No one noticed the coin was a 1936 d! Guy bought it for 10% of the value of a 1936 d.

Mistakes happen
Edited by captainkurt
03/22/2022 11:43 pm
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 Posted 03/23/2022  04:08 am  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply



1954-S-Posted-In-December,-Just-Got-Grades-Back-From-PCGS-Will-Let-You-Guess
1954-S-Posted-In-December,-Just-Got-Grades-Back-From-PCGS-Will-Let-You-Guess

If I were to resubmit, is it best to crack and redo raw and sent with other coins. As it stands now, the coin is useless to me in this condition. It maybe only in my dreams but I wanted a ms-67+. These photos are at 40 power magnification and scratches you see are on the plastic. there is minuscule tick on the shoulder not visible unless high magnification. It was stated on the forum that post WW11 Lincolns have been graded extremely tough in recent years. The cost to resubmit is similar to 7 gallons of gas (LOL) if sent with other coins. Regardless of the common date argument in for consideration of right and wrong. Whether your thoughts agree with me or not I would like to hear them.
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panzaldi's Avatar
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 Posted 03/23/2022  10:20 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
strike? thats the only thing I can think of. I mean come on a 64? really? knock it at least 2 full points for strike? ripped off on this one grospoisson.
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 Posted 03/24/2022  08:56 am  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Quote:
Have you ever read Tennyson's "The Charge of the Light Brigade"?


Yes I did! Although there was no chance at victory, they forged ahead anyway. Actually not a bad reference if someone has read it. Having coached for over thirty years with different head coaches, almost always the system a new head coach wants to implement, will work. The assistants all have to buy into that system. Almost always experienced assistants can't seem to shake past plays and practices that have worked (myself included). When I finally realized that it's best to get behind the new system to see where it goes. I guess my reference is to submitting common date coins (if they grade very high then they are not so common anymore). I appreciate that you have given me your honest opinion about the coin I have posted. It's exactly what I need common or not. I do not have the means nor the time to find rare ,raw coins to submit. The option is to buy already slabbed. Anyone with money can do that.
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BadThad's Avatar
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 Posted 03/24/2022  11:40 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Assuming no error was made, I would not resubmit. There must be something they didn't like. In the second set of pictures, the right obverse field is about the only flaw I can see. My guess is there must be something about the fields they didn't care for.
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captainkurt's Avatar
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 Posted 03/24/2022  12:09 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
I am by no way an expert here. I am a novice at grading, especially cents. The second set of photos does show some things I didn't notice before. Across the whole of Abe from the top of the ear to the neck lacks any detail. The hair at the back of the head, ear, jaw and beard seem very smooth. Could just be glare from the holder. I also see what Badthad is talking about with the right fields close to the head and a long vertical line.
Edited by captainkurt
03/24/2022 12:10 pm
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 Posted 03/24/2022  8:16 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Now that I look again, UNITED STATES OF AMERICA is weak and not attractive - some messiness in the fields in that area too. What I can't do is look at the fields and rotate the coin around to see how clean they actually are. Consistent, unmarred, uninterrupted fields win the day on the high grade coins.

That said, at minimum this coin is 65 based on the pictures.
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