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1870-CC Half Dollar For Your Grading Pleasure

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Pillar of the Community
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 Posted 08/03/2019  10:38 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list
Dip it until that toning comes off........
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 Posted 08/04/2019  11:32 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list

Quote:
Dip it until that toning comes off




Bedrock of the Community
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10982 Posts
 Posted 08/04/2019  1:04 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
....unless they don't want to expand the population


That might well have something to do with it. This piece is a top pop by a wide margin at MS64.
ANA #R3154474
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 Posted 08/04/2019  6:30 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
Luster very likely played a role in the grade. Grade doesn't really matter anyways being the top pop by a wide margin and keeping it mid MS leaves room if a better one appears
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 Posted 08/04/2019  7:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
A 64 grade just staggers me. Coin appears virtually flawless.
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 Posted 08/05/2019  08:56 am  Show Profile   Bookmark this reply Add joecoin to your friends list

Quote:
... Grade doesn't really matter anyways being the top pop by a wide margin and keeping it mid MS leaves room if a better one appears.



Pardon me, but isn't the grade the grade? If not, then every coin in a slab is undergraded, in case a better one appears.

Your statement just gives ammunition to those who say TPG is just a scam and a good old boy network.


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 Posted 08/05/2019  09:06 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Can't argue that.
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Germany
141 Posts
 Posted 08/05/2019  10:39 am  Show Profile   Bookmark this reply Add KaiserSoze to your friends list
The grade should be the grade!
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 Posted 08/06/2019  10:47 am  Show Profile   Bookmark this reply Add panzaldi to your friends list
PCGS graded this coin MS64 and is top-pop. I think the ones that graded this MS64 cheated. for the life of me I cant see what the flaws are and no one responded that graded it at this level as to why. the only thing I can see is a couple light hairlines under the TRUST in the banner and that's it. maybe its the photos. the only other thing it can be is as basebal21 stated and the luster is not fully present. you don't grade a coin based on the possibility that there may be a better one out there to take top spot but then again never believe every grade on a slab. I have it at MS65 and possibly 66 unless someone can point out the flaws
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 Posted 08/06/2019  10:58 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
Pardon me, but isn't the grade the grade? If not, then every coin in a slab is undergraded, in case a better one appears.

Your statement just gives ammunition to those who say TPG is just a scam and a good old boy network.


No it's not at all. As I've said several times we cannot see the luster, you don't grade coins by just counting marks.

That said we are talking about an actual rarity and a 6 figure minimum coin. There are 4 PCGS examples graded MS, yes only 4 and this one is the top pop by 2 grades as 1 is graded 62 and 2 61. This level of the market operates on it's own and yes other factors come into play and there is nothing wrong with that. The spread between the second highest graded matters likely more than the grade itself as one example.

This is nothing to do with a good old boys network and everything to do with the fact this is a 6 figure coin already and grades and spreads can easily mean 100s of 1000s of dollars at that level.

PCGS is by far preferred at that level for a reason, they know what they are doing and why they are assigning the grades they are
Edited by basebal21
08/07/2019 12:36 am
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 Posted 08/07/2019  07:43 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
PCGS' Trueview images show coins at their best. In-hand they will often appear significantly different. I would dare say this is one of those examples.

P.S. I found an auction record for this coin. It was an NGC MS62 that upgraded to 64 at PCGS. Quite a bump up!

https://auctions.stacksbowers.com/l...01-ms-62-NGC

ANA #R3154474
Edited by BH1964
08/07/2019 08:06 am
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 Posted 08/07/2019  09:20 am  Show Profile   Bookmark this reply Add panzaldi to your friends list
thanks for the research BH1964. there is a fairly high difference in the photos from the auction. a slightly weaker strike and luster appear to me to be the reason for the grade. I still have this coin at MS65 but I'm sure when PCGS was grading this coin due to its rarity they probably had their best graders on this one and didn't put that grade on it with just a quick review
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 Posted 08/07/2019  09:37 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Sounds like the original pic isn't a very honest one.
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 Posted 08/07/2019  5:13 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I still have this coin at MS65 but I'm sure when PCGS was grading this coin due to its rarity they probably had their best graders on this one and didn't put that grade on it with just a quick review


Absolutely. The top guys get all the big money coins that everyone would love to be paid to grade.


Quote:
Sounds like the original pic isn't a very honest one.


It's honest. That's what it looks like under the lighting used. There's a lot of different ways to photograph coins, you can emphasize marks or color or luster etc. The submitters can have some say on the TrueView if they give notes or request certain styles and things like that as they generally have several different style shots especially on coins like that. In this case the emphasis was put on the subtle colors
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 Posted 08/07/2019  7:51 pm  Show Profile   Bookmark this reply Add Jon Brand to your friends list
Basebal- good point as a coin can be photographed endlessly. This is a case where a simple cell phone pic of the coin under some LED lights can give a big idea of luster (not detail). I just call those in-hand pictures.
Edited by Jon Brand
08/07/2019 7:52 pm
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