How This Could Be?

Actually, send in the first coin, looks much nicer than the second pictures.
JK: If you aren't in the 'in group' it becomes a crap shoot.

Condor, your absolutely right. Out of the millions of coins out their that are slabbed, a significant number are modern coins or common date coins that no one would question their authenticity. What I think I was saying (and forgive me it was a while ago) was that their are a lot of counterfeit gold dollars on the market(from the 70's and overseas) so getting them slabbed leaves no question of authenticity for the buyer.

I received coin back and it is same. Although now it has a very small scratch on the back but still over MS63. To those who asked about second set of pictures, they are not my coin, I took then from Heritage auction site just to show how MS61 may look like for $1 gold coins. Obviously it is not even close to my coin.

I'd agree that it is a small minority, but slabbing for authenticity is exactly what I was after when I submitted my 1932-D Washington quarter (now graded ICG F-12), my 1942/41 Mercury dime (ICG EF-40), and my 1909-S-VDB Lincoln (PCGS VF-35).

With ever-increasing concerns about Chinese and other counterfeits entering the market, I expect the top TPGs will be seeing an increase in submissions for the purpose of authentication.

They should at least start giving the explanation of why they graded it that way in the first place. I too am dumbfounded that it didn't get at least an MS-64.

To KurtS. Heritage works with NGC, I think. NGC is grading uncertified coins for them.

OK, I have to tell that I sent the coin for a review to NGC and their review board confirmed MS61. With lousy explanation they do not like the color.

I cracked their holder once more and sent to PCGS. The coin come back MS63. Even after those two scratches that NGC introduced to my coin.

So much about NGC and their grading standards.

NGC and PCGS are interesting. I had one quarter eagle that graded a 62 by NGC and I know it was a 61 and I had a 1903 O eagle that should have been a 63 come back obverse scratched. OK After I looked at the 1903 o the reverse was scratched but not the obverse. I called wanting some answers but they could not give me any. All of these coins were a test I was doing for a company that sells raw coins but the morgans that were included with the test coins should have been sent back cleaned but they encapsulated one.....Where is a computer grading system when we need one.

I feel your pain the coin looks awesome! I do not see how NGC got a 61 out of it!