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1908-S Indian Head Cent

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Bedrock of the Community
Canada
10743 Posts
 Posted 02/18/2015  04:47 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list

Yeah.. A lot better photos..

VF20
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United States
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 Posted 02/18/2015  08:28 am  Show Profile   Bookmark this reply Add Neo13x to your friends list
I will be the odd ball and give it VF-30
I'm still learning how to grade IHC so I may be off
Pillar of the Community
United States
7390 Posts
 Posted 02/18/2015  11:40 am  Show Profile   Bookmark this reply Add Cascade to your friends list
Ok, what gives? Here's my pcgs vf25 and it looks a good 5-10 LOWER than my raw?

1908-S--Indian-Head-Cent

1908-S--Indian-Head-Cent
Pillar of the Community
United States
604 Posts
 Posted 02/18/2015  12:26 pm  Show Profile   Bookmark this reply Add Neo13x to your friends list
In my opinion that should have been graded F-15. The person who graded that could have been in a good mood giving it a high grade and it looks to be a good example of "buy the coin not the slab". As I said I'm still learning to grade IHC's so I could be wrong.
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 Posted 02/19/2015  11:11 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
?
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23522 Posts
 Posted 02/19/2015  11:31 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I have no explanation for what is in that PCGS slab. The only VF25 in this thread is the raw one. The other one? Well, never ascribe to malice that which is adequately explained by stupidity. I'm sure they meant well.
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 Posted 02/20/2015  07:59 am  Show Profile   Bookmark this reply Add Celticsoul to your friends list
Technically there is no way the slabbed coin should have graded any higher than F-15. I read once that an average grader at the TPGs grades 800 to 1200 coins a day. Given that amount of volume there's bound to be some off graded coins. In my opinion this is one of them. This is a classic example of why I don't trust third party graders.
Pillar of the Community
United States
7390 Posts
 Posted 02/20/2015  09:51 am  Show Profile   Bookmark this reply Add Cascade to your friends list


1908-S--Indian-Head-Cent
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 Posted 02/20/2015  10:01 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
And it's a new slab, too. That's egregious.
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 Posted 02/20/2015  11:04 am  Show Profile   Bookmark this reply Add Neo13x to your friends list
@Cascade - Don't worry about how a TPG graded your coins, if you're happy with them then that's all that matters.
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7390 Posts
 Posted 02/20/2015  3:49 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Oh yes, I'm making the shift from minor investment hoarder to collector/dealer. I'm a very quick study so thanks to everyone for the help and knowledge. .. and yes superdave it very fresh, I sent it in only a few months ago... thinking of trying out anacs though and thanks a million for the info on John & varslab.com!
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 Posted 02/20/2015  4:03 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
PCGS still enjoys their marketplace advantage, though.

They - and everyone else - have tightened the grading in the last few years. PCGS is brutal on Morgans these days. All the same, in the last year we've seen a few truly ridiculous evaluations in PCGS slabs. Yours is one of them. It's disturbing.
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 Posted 02/20/2015  5:27 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Maybe I'll send in the raw just to see what they give it
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 Posted 02/20/2015  5:53 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
PCGS has a Guarantee Resubmission option, for owners to submit slabs they feel overgraded. If PCGS agrees, they'll refund the cost of the Guarantee submission plus the market value at original grade (they get the coin) or the difference in market value between grades and you get the coin back.

I do not see that one keeping its' grade. If you like this option, get your best pics of that slabbed one and give it its' own grading thread. Specify it's for a Guarantee Resubmission, and you'll get the best efforts of a lot of folks.
Bedrock of the Community
Canada
10743 Posts
 Posted 02/20/2015  6:11 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list

Quote:
Maybe I'll send in the raw to see what they gave it


I would.
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