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 Replies: 16 / Views: 3,926 |
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Valued Member
United States
152 Posts |
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Bedrock of the Community
United States
10047 Posts |
Quote:
....what would you do Hope the incident would teach me a lesson about the reality of the value of TPGs as a whole. Its not about the coin, its about the label. Accountability as to why each grade is assigned would help eliminate this type of thing. But it also would hurt the TPG business tremendously. As long as TPGs don't have to say why they graded a coin the way they graded it, stuff like this will continue. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2Edited by Earle42
04/30/2017 10:42 pm
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Bedrock of the Community
13014 Posts |
Nothing you could actually do.
The irony of this after the NGC tirade though I absolutely love.
On a more serious note would want to see this one in hand to see how the toning looks, 67 does seem optimistic though and I will leave it at that
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Pillar of the Community
United States
1436 Posts |
Maybe it was sent in for conservation before it was resubmitted?
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Moderator
 United States
54283 Posts |
The coin when graded MS-65 sold for $9,400 in 2014.
Neither NGC or PCGS give a price for anything over MS-65 1859-O Quarter.
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Pillar of the Community
United States
1839 Posts |
The slab with the MS65 grade is one of the old fatty holders so it was quite a while ago that it received that grade. However, I think you can explain the new grade in the new holder with one word.... "Gradeflation".
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Pillar of the Community
Canada
683 Posts |
 My thoughts exactly. |
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Bedrock of the Community
United States
17884 Posts |
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The slab with the MS65 grade is one of the old fatty holders so it was quite a while ago that it received that grade. 1995 - 97 so 20 years ago. |
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Pillar of the Community
United States
1913 Posts |
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Hope the incident would teach me a lesson about the reality of the value of TPGs as a whole. +1 There's value for authentication, but little for their grading. |
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CCF Advertiser
United States
1533 Posts |
I would do exactly what the buyer did. I would take the 20 year old NGC holder and resubmit to NGC and make myself a bunch of money. The seller was a fool for not doing that. I posted a thread last year about how I resubmitted a couple of MS-64 coins in old fatty holders for an upgrade and both came back MS-65 and some idiots told me it was a futile exercise and people should just buy the coin and it doesn't matter what NGC thinks about it. This is why some people can make money in numismatics and others get soaked.
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Pillar of the Community
United States
5825 Posts |
Two things:
1. I'm missing something.
How do you know it's the same coin?
2. And the more obvious situation, standards change (although that's one heck of a change).
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Bedrock of the Community
United States
17884 Posts |
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1. I'm missing something.
How do you know it's the same coin?
If you blow up the Heritage of the old holder and the certificate lookup of the new holder and compare them you can see it is the same coin. |
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Pillar of the Community
United States
2023 Posts |
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How do you know it's the same coin? Looking at the images on the two sites, there are several points that tell me they're the same piece. The Heritage image is pretty dark, but I can make out: * The vertical hashing on the left/obverse * Horizontal and vertical hashing on the right/obverse * Marks between the wingtip and arrow heads on the reverse * A couple of marks under the "I" in UNITED |
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Pillar of the Community
United States
1475 Posts |
I guess this is how you make money using TPG? It sounds not right, but I guess this might be considered as a shrewd business? Maybe TPG should be accounted for their discrepancies. Edited by Coconutjoe
05/24/2017 1:33 pm
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Pillar of the Community
Canada
683 Posts |
Tbh this is probably Just another case of an MS-65 that was graded accurately 15-20 years but now since american TPGs have to take "eye appeal" into consideration it got way overgraded because of toning.
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Replies: 16 / Views: 3,926 |
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Posted 04/30/2017 10:38 pm
