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Replies: 31 / Views: 3,588 |
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Pillar of the Community
United States
984 Posts |
After looking at that coin numerous times and going back and forth on the PCGS website for ms-67 wheat coins, It has all the signs of a 67 coin assuming the color is what I think it is. The only reason it might not make it to 67 is because the PCGS gods find some bull crap reason. If it's not 67 then PCGS needs to take down some of their ms-67 photos because it sure confuses the crap out of a lot of people. Good luck, man I would love to see you get a 67. I have ms-66 nailed down pat. Since submitting my own coins I have chosen I am 13 out of 14 with ms-66 (the problem is I want 67) All coins before these were from my collection of 20 years and were older wheats. I have the right equipment now so I am watching closely to what you post and hopefully you will let us know about this one.
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Pillar of the Community
 United States
1361 Posts |
Personally I think it qualifies for at least a 66, but the way they are grading Lincolns lately a 65rd wouldn't surprise me
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Bedrock of the Community
United States
19951 Posts |
Quote: Personally I think it qualifies for at least a 66, but the way they are grading Lincolns lately a 65rd wouldn't surprise me It's been that way for about 20 years. All my submissions have been through my local dealer. He has 3 partners, one is known for being a Lincoln expert. I've always had at least one guy examine my coins before they send them in, sometimes 2 of them. I've had coins we all agreed to be 67 come back as 66 and 66's coming back as 65. And worse yet "questionable color" - on coins we all agreed were market acceptable toning. My dealer always has a box of "body baggers" from NGC and PCGS. It's quite an educational experience going through those. It's especially interesting when there are 2 pros in the room shaking their heads with me. Thankfully, all of my submissions were flat $25 each. The TPG game is a business, they will take all your money if you willing hand it over. I did hit a few jackpots but, like the casino, I think I'm even or at a slight loss in the long run.
Edited by BadThad 12/30/2021 11:43 pm
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Pillar of the Community
Canada
6244 Posts |
I hope to give an 66 but by experience they will go max 65. To see.
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Pillar of the Community
United States
984 Posts |
Quote: I hope to give an 66 but by experience they will go max 65. To see. My pictures come out like that often but the coin in hand is much more attractive. As an inexperienced grader (very,very,very inexperienced) if you get the idea and all I can rely on are technical merits right now and hope for the best. I call up past PCGS graded coins and look for how they are graded but photos do not show scuff marks and hairlines. I am slowly catching on to the TPG game.
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Pillar of the Community
United States
984 Posts |
Quote:It's been that way for about 20 years. All my submissions have been through my local dealer. He has 3 partners, one is known for being a Lincoln expert. I've always had at least one guy examine my coins before they send them in, sometimes 2 of them. I've had coins we all agreed to be 67 come back as 66 and 66's coming back as 65. And worse yet "questionable color" - on coins we all agreed were market acceptable toning. My dealer always has a box of "body baggers" from NGC and PCGS. It's quite an educational experience going through those. It's especially interesting when there are 2 pros in the room shaking their heads with me. Thankfully, all of my submissions were flat $25 each. The TPG game is a business, they will take all your money if you willing hand it over. I did hit a few jackpots but, like the casino, I think I'm even or at a slight loss in the long run. Lincoln Cent Lover! BadThad is so right. If you have a very good coin, PCGS will slightly undergrade it hoping you resubmit, then bump up the grade, and collect the fee plus one percent of new value. Knowing full well the correct grade to begin with (in my opinion). With Lincolns from 1934 to the present PCGS will readily give you a ms-66 (little value) hoping you will continue to submit. Many members will take up arms to defend PCGS or NGC. Anyway, I am not experienced enough to truly know but a picture is beginning to form. This is a slower more painful way to gamble. Either way the house usually wins.
Edited by grospoisson 12/31/2021 07:43 am
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Bedrock of the Community
United States
19951 Posts |
Quote: will slightly undergrade it hoping you resubmit I think it's more about intentionally keeping the populations of 67/68+ down. One of the reasons CAC was invented. I feel they also want to occasionally demonstrate how "tough" they are by putting coins into lower grade slabs.
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Pillar of the Community
United States
984 Posts |
Quote: I think it's more about intentionally keeping the populations of 67/68+ down. BadThad you are the most knowledgeable person I have run across in my short pursuit of this hobby. In another five years you will still be in the top two(and the first one is dead). Reading your posts and our communication gives me the impression you still submit occasionally. I would assume most people on the forum that post pictures have coins that are way more lustrous than the picture allows. The reason I do it is because you guys can see marks and weaknesses and know the difference between clash marks, die lines and which years are likely to to have weaker strikes. No picture can capture the hairlines or actual toning (in my opinion). You have seen many many 67's in your life. In a twisted sort of way PCGS and NGC are price fixing by controlling which and how many coins get 67 and above. Individually we can either choose to play the game or not.
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Pillar of the Community
 United States
1361 Posts |
TVs aren't in yet, but this one went 64rd...like what the heck.
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Pillar of the Community
 United States
5672 Posts |
How is that possibly a 64?
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Pillar of the Community
United States
3402 Posts |
That's crazy..s/b MS-66RD...graders should be required to support their position with a verbal statement for the grade.
KK
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Pillar of the Community
Canada
6244 Posts |
PCGS and NGC do not give explanation of their grade and how they analyze. Each one ( TPG) has theirs own book of grading and we do not have access to. The only company who give me explanation it is ANACS. It is because I know some their or those who left? or because me I submit only varieties and in the request I state as clear I can the variety I look for. Even in this case if me I do not ask right variety, will come back with the mention it is not the requested variety.
Edited by silviosi 07/21/2022 10:15 pm
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Bedrock of the Community
United States
36745 Posts |
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Bedrock of the Community
United States
19951 Posts |
Quote: but this one went 64rd...like what the heck. Whoa, what are we missing. Fields not represented in the pictures?
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
 United States
18665 Posts |
thats a shocker but comments here regarding resubs seems to be accurate. based on what I've been seeing they want fields that do not have any type of discoloration on them. I was going to comment it in my original post but the reverse right field starting with the middle of the E in one through STATES and under ICA is enough to keep it out of 66. I think add to that the chatter on the shoulder and a few marks on the beard was enough to keep it out of 66 range. I cant see why it was 64 though. to get above 66 it needs to be that blazing red. its tough enough to judge a 66 from a 67 in hand let alone from photos.
Edited by panzaldi 07/25/2022 08:12 am
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