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Replies: 20 / Views: 3,611 |
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Pillar of the Community
Canada
3049 Posts |
Correct and I know of at least one place that used to pay B.A. to grade their stuff!
Still see some of their stuff with his writing on it... if/when possible I try to pick the odd piece up as I know they're very conservatively graded
Edited by AgCoinAu 03/25/2015 10:04 am
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Pillar of the Community
Taiwan
606 Posts |
The door swings both ways with dealers and TPG's. They both have mutual interests. Bob Armstrong was a gem of a dealer. I purchased more than a few coins from him before and after certification. Mostly Geo VI material and all raw and conservatively graded IMO. He was my first stop at the old TOREX venue. It was always nice to chat with Mr Armstrong and his wife. Now back to the OP. Good luck Jerry on your quest for a 1929 High 9 cent. You make some good points. It can be a tough call sometimes on when to pass on a coin or not.
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Pillar of the Community
Canada
2632 Posts |
Whats ridiculous is buying the holder not the coin. You could send it to several TPGs and get a different grade from all of them. If you spend thousands on a coin that was graded to high you just lost a big chunk of your money, then what? You just bought yourself a high priced garbage bag. I find it much easier to spot a higher grade then to determine the lower grade. Its not rocket science if your picky and observant.
just my opinion.
added Sorry I looked at the coin but forgot to comment. I'm with Smallcentguy on this one and I think the grade is a bit high.
Edited by Alexer 03/25/2015 12:22 pm
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Pillar of the Community
Canada
1984 Posts |
Back on the coin though......one of the highest graded, but doesn't look all that red and has the nasty spot. Not worth remotely close to the asking price IMHO.
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Pillar of the Community
Canada
4911 Posts |
spp Ottawa, is there any added value to a coin still in a bob Armstrong flip?
Feel free to call me Will.
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Pillar of the Community
Canada
1049 Posts |
I have to say I am having a really tough time finding an MS63 in this coin, there seems to be quite a few rim dings as well as dings on the portrait, where is any lustre. My opinion of course but something seems wrong here. Cheers.
So if this one is MS63, my 29 must be MS67 as it is spotless red brown with high lustre.
Edited by M_d_in_guy 03/25/2015 12:53 pm
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Pillar of the Community
Canada
2781 Posts |
Quote:The whole point of TPG services was/is to help protect the 95% of collectors/dealers that can't grade but think they can those people don't need protection, they need education. there just aren't words to describe anyone who spends $4000 on a coin without being able to grade it for themselves
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Pillar of the Community
Canada
1984 Posts |
"there just aren't words to describe anyone who spends $4000 on a coin without being able to grade it for themselves"....
I know lots of people who are willing to spend $100,000 on a car but don't really low how to drive.....
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Moderator
 Canada
10463 Posts |
Quote: is there any added value to a coin still in a bob Armstrong flip? Yes, there are bucketloads of knowledge there...if you see a coin in a Bob Armstrong flip, read the grade, and then study the coin... Monetary value... no...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
4911 Posts |
okay, thank you.
Feel free to call me Will.
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Pillar of the Community
Canada
2495 Posts |
Here's a 1929 high 9 that has ms64/65 surfaces and strike but ICCS says ('cleaned'). Hardly a mark on the coin except for an annoying 'halo' mark right on the King's nose. perhaps dipped a long time ago but is nicely retoning around the edges.  
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Pillar of the Community
Canada
4911 Posts |
I know theres at least one member who has a nice ms64 example. the coin in the listing is nasty though I wouldn't even touch it for the trends price of a regular example.
Feel free to call me Will.
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Valued Member
 Canada
109 Posts |
The ICCS MS-64/65 looks like a few I've seen out there where some geniuses tried to enhance the copper with a "cleaning fluid" which changes the color by a halftone. If it was sent to PCGS it would've been "BodyBagged". Suggestion, don't mess with the coins-just leave them alone. I, like the graders at PCGS think 1/2 the coins out there have been "screwed" with. It's extremely hard to find an original piece.... As for Bob Armstrongs' coins....I hope you're not going to use him as the proxy for every dealer....!
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Pillar of the Community
Australia
9466 Posts |
Thanks for the info on this coin. I just added a 1929 to my collection and I had to run off with my magnifying glass and check it. Alas, no high 9. :( Steve   
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Pillar of the Community
 Canada
5594 Posts |
More than a halftone off. It's been dipped or cleaned for way too long.
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Replies: 20 / Views: 3,611 |
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