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Why Is This Seated Dollar In This Holder (ICG)

 
 
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Pillar of the Community
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3479 Posts
 Posted 11/23/2018  2:26 pm Show Profile   Bookmark this topic Add MikeF to your friends list Get a Link to this Message
Hmmmm Your thoughts and guesses are welcome.

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Hi, my name is MikeF and I'm a degenerate coin collector. I also like adventure, big trucks, long walks on the beach and the Kansas City Chiefs.
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United States
4237 Posts
 Posted 11/23/2018  3:15 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
The "thing" down at the foot?
Describe it as if there were no picture.
Picture it as if there were no description.
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 Posted 11/23/2018  4:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Can't see anything else that jumps out.
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 Posted 11/23/2018  4:10 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Not a very choice piece. I don't like the rubbing on the leg or that flaw.
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 Posted 11/23/2018  4:12 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
It wouldn't surprise me if PCGS and NGC would only details grade it at best.
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 Posted 11/23/2018  4:12 pm  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
It's an odd looking planchet flaw, but it does look like it was there pre-strike. Nice coin otherwise.
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 Posted 11/23/2018  6:35 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
#1 is ICG gave it a Proof Like attribution that is unlikely to be repeated at another TPG.
#2 the color possibly was cause for rejection at a major TPG (heavy enough in some spots to be considered Environmental Damage).
#3 could be another reason we can't see because it is priced at well under MS62 money by a veteran coin seller.
ANA #R3154474
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 Posted 11/23/2018  6:39 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I don't have any sense of what that mark is - what do you guys think?
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 Posted 11/24/2018  07:45 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
As to your question, everything has to be somewhere.
just carl
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 Posted 11/24/2018  08:32 am  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply
Couldn't say really, I mean the thing on the leg looks like a lam of sorts, so I doubt it would detailed anywhere for that but tbh the coin does look to have a very environmental look, not to mention, the grade seems very optimistic. I know most tpgs are pretty lenient on these, but I think that a previous owner may have thought that the main tpgs were too rough on it and submitted it to ICG for a more lenient grading.
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1973 Posts
 Posted 11/24/2018  08:48 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Hard to tell how deep that planchet flaw is, but it's big, obtrusive, and selling into a small market for flawed MS Seated coins. MS62 looks fair....but....

I have an otherwise nice coin with a planchet dig under a star. It was cheap for date and condition but the flaw is what draws your eye. Ugliness is in the eye of the beholder.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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 Posted 11/25/2018  11:39 am  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply

Quote:
As to your question, everything has to be somewhere.


Pretty much the answer to that question. Why does everyone assume it was sent to ICG because they are more lenient with problem coins? I've seen accurate grading from them imo.
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 Posted 11/25/2018  11:58 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Of course some good and accurately graded coins are in ICG holders. But when a coin is being sold by a veteran coin dealer and is worth thousands of dollars more in a PCGS or NGC holder of the same grade? It's a good question to ask.

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