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1902 IHC - You Vs. NGC

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 Posted 06/08/2011  08:50 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list
I was thinking 62
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 Posted 06/08/2011  09:57 am  Show Profile   Bookmark this reply Add big777bill to your friends list
I agree with Indian1 on this, there is a problem with the denticles and it has a scratch. It could go anywhere from AU- 53 to MS-63 with details designation. We'll have to wait and see.
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 Posted 06/08/2011  10:24 am  Show Profile   Bookmark this reply Add The_Duke to your friends list
I am thinking AU58
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 Posted 06/08/2011  10:57 am  Show Profile   Bookmark this reply Add eddiespin to your friends list
The rim is the big issue from an eye appeal or market grading standpoint. Without regard to that that coin is every bit a BN gem, it's just understruck where the rim goes off-center in terms of alignment. Truthfully, I don't know what they'd make of that. The mark along the date doesn't help the market grade, either. Please don't tell us they're calling this recolored or wiped or some stupid thing like that.

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 Posted 06/08/2011  10:59 am  Show Profile   Bookmark this reply Add macmercury to your friends list
MS60 or 61 is my guess
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 Posted 06/08/2011  11:16 am  Show Profile   Bookmark this reply Add mycrob to your friends list
MS details, MS62-63 range, but mark on the date could drop it back to MS60 or even AU58. This should not be higher than 63 given the mark on the date and some tick/bag marks on the chin and on "One Cent". It's a beautiful coin nonetheless!
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 Posted 06/08/2011  1:14 pm  Show Profile   Bookmark this reply Add theroamer to your friends list
MS60
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 Posted 06/08/2011  3:12 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list
61/70
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 Posted 06/08/2011  4:35 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list
I'll go with MS63BN.
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 Posted 06/08/2011  5:48 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list
I agree with CBN MS-63BN.
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 Posted 06/08/2011  5:58 pm  Show Profile   Bookmark this reply Add jakeW to your friends list
MS 62 BN
SO?
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 Posted 06/08/2011  6:23 pm  Show Profile   Bookmark this reply Add BrickellCat to your friends list
According to the general consensus, NGC is quite liberal on this grade assignment. But you can't get that past DavidZerbato on his first reply - he nailed it.




1902-IHC---You-Vs.-NGC
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 Posted 06/08/2011  8:11 pm  Show Profile   Bookmark this reply Add eddiespin to your friends list
That's a very fair grade on it, actually. It's every bit a BN gem from a technical standpoint and they didn't market grade it down for the weakly-struck area on the rim. Give the coin the technical grade and let it compete in the market with the other BN gems with the fuller-struck rims. I like that approach in a TPG grading my coins. Let the market decide what it wants to make of that rim understanding it's rather presumptuous to just categorically grade the coin down for something like that.
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 Posted 06/09/2011  1:56 pm  Show Profile   Bookmark this reply Add mycrob to your friends list
I understand what you are saying, eddiespin, but we have grading companies that should be grading the coin for what it is not for what it might fetch in the market place or for it's potential rarity in a given grade. It should be graded as it is, on it's on merit, in an unbiased way.

This coin is not MS65 in my opinion. That scratch across the date downgrades it and I think if someone were stupid enough to try to cross it to PCGS, PCGS would return it still in NGC holder and wouldn't cross it to a 65 PCGS holder. The only way they'd cross it would be if the person sending it in was willing to accept a much lower grade. PCGS would probably give this a 63 rating, which would be very disappointing.

If I were you, I'd sell that one in it's holder and buy a super nice MS64 piece that is graded properly.

Buy the coin not the holder.
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 Posted 06/10/2011  09:36 am  Show Profile   Bookmark this reply Add eddiespin to your friends list
Mycrob, it was properly graded on its technical merits. Both that scratch and rim would have a negative impact on the market grade, however (which, as I understand it, is what you're saying). NGC just refused to go there for the technical strength of the coin. I'll agree, PCGS would likely market grade it down below that technical grade for those market factors.
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