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 Replies: 18 / Views: 1,881 |
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Bedrock of the Community
 United States
18708 Posts |
to many distracting spots - MS62
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Bedrock of the Community
United States
10982 Posts |
Second set of pics are better. I'll stick with MS62, it would be an easy 63 except for the large carbon spot on the reverse below DOLLAR.
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Pillar of the Community
United States
9796 Posts |
MS62 to me. The carbon spot is quite distracting, and they might really kick it down for that, as they usually do for anything that stands out in detriment to the look of the coin.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440Edited by westcoin
07/22/2013 01:01 am
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Pillar of the Community
United States
5854 Posts |
I think it's a weak MS-63. I don't see it grading any higher.
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Valued Member
 United States
123 Posts |
Thanks everyone for the feedback! This was purchased on accident at an auction. It is actually housed in a PCGS old green rattler saying MS65! I think it's probably overgraded especially given the large amount of chatter on the right of the field and 1 bag mark prominent on the cheek. While it's always hard to grade from a photo, I'm thinking that the consensus of this thread around MS-63 is probably right on.I will be sending it in to PCGS for reconsideration...Here's the photo in the holder:  |
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Bedrock of the Community
United States
36880 Posts |
I think I would be tempted to leave this one in the old PCGS slab as I think it may pull a lower grade on a resubmit.
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Pillar of the Community
United States
8521 Posts |
Yes, it's right where it needs to stay.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
9796 Posts |
I agree send it back for regrade, they will probably send you check, as there is a slim chance it is really a MS65. The older holders were often undergraded when compared to todays standards. You might get a nice profit from their grading guarantee!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
4989 Posts |
Looks 65 - razor sharp strike, few marks, abundant luster. The carbon spots will detract from the market value ("buy the coin not the holder") but won't have a big impact on the technical grade
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Bedrock of the Community
United States
10982 Posts |
Eye appeal should subtract at least 1 point on that coin and I'd subtract 2 points for the poor eye appeal, the obverse luster looks average at best too. It's possible the spotting has gotten worse since it was holdered and if resubmitted under PCGS' grade guarantee, it will like net a you a check and a new holder with a 63 on it.
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Valued Member
United States
123 Posts |
Another option might be to try and use their conservation service. I've seen examples of coins with spots worse than this that came out looking great. I'm concerned that even with the spots removed, the chatter on the right of the field would limit it to low 65 or high 64 at best. From what I've read they also consider the coin for pcgs's grade guarantee if submitted for conservation. Any thoughts on going this route?
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Moderator
 United States
23522 Posts |
Don't touch it. I'm not astonished at the grade, and you'll find that the popular perception is these older slabs are undergraded. This coin will sell for more in the current slab that a "new" MS65 slab.
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Valued Member
United States
286 Posts |
Leave it alone. Grade is a gift.
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Pillar of the Community
United States
1795 Posts |
I agree with IndianGoldEagle leave it where it is. Cause I do believe they would lower the grade for sure.
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Valued Member
United States
123 Posts |
That's the point. If they lower the grade they have to pay me the 65 price or return the coin at the lower grade and pay the difference between 65 and wherever it ends up. That way I don't have to worry about selling a 63 coin in a 65 holder when the time comes. I can just get most of my money back and own a honest graded coin.
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Replies: 18 / Views: 1,881 |
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Posted 07/20/2013 7:31 pm
