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 Replies: 55 / Views: 4,866 |
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Pillar of the Community
United States
2540 Posts |
varord:
You have found the great mystery to grading:
if you aren't one of the 'big guys' then you get the shaft.
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Bedrock of the Community
United States
20753 Posts |
Quote:That's how the crack-out game is played. One day it's a 63 the next it's a 61. Tomorrow it might be a 64. It's how the TPG's make money. That's why I don't play the plastic game. Why pay for an opinion, when I can post a coin here and get free opinions ME TOO |
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Valued Member
 United States
64 Posts |
Thank you all. I have review results. They say the coin details are indeed at least MS63, no scratches, hairlines, dings. But they did not like the color!!
To my question what was wrong with the color (it is just regular, believe me) they did not have any reasonable answer. To my question how color could degrade grading by at least two numbers I hear nothing.
I will send it to PCGS.
Edited by varord
09/30/2008 11:41 pm
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Valued Member
United States
64 Posts |
I will post new pictures for my coin after I receive it back.
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Rest in Peace
United States
5375 Posts |
I hope you get at least an MS-64. I think it deserves it.
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Valued Member
United States
128 Posts |
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Pillar of the Community
United States
869 Posts |
"if you aren't one of the 'big guys' then you get the shaft"  .good call treshunt! If it belonged to HSN(home shopping network) aka big guys it then would be a 64 no questions asked.  LOL
Edited by coindexter
10/01/2008 2:47 pm
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Bedrock of the Community
United States
17884 Posts |
Quote:
Slabbing a coin is usually done to authenticate it. It's main purpose is to make the buyer feel comfortable about buying your coin for the condition you state it to be. Like with this gold dollar, it's worth more in 63 than 61. If it wasn't slabbed, someone might not want to pay the full price because they don't know if it's a 63 and if it doesn't have any unseen damage to it. In your first sentence you maintain that they slab the coins to authenticate, then in the rest of your post you stress how why everyone wants it slabbed because it is the grade that is important. In the case of the coin from the original post, if left in the current slab the owner would probably have some difficulty selling it, especially at the higher grade it deserves because so many people can't see past the number on the label. Sorry, but very few coins are slabbed for reasons of authenticity. Edited by Conder101
10/02/2008 6:40 pm
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Valued Member
United States
64 Posts |
To Conder101. You are right. Unfortunately it is the number that makes the coin value. Ultimately coins are also an investment, if not for now, then for some future time or as a heritage.
I am now improving the quality of my collection and going thru lot of buying and selling.
Edited by varord
10/02/2008 7:36 pm
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Rest in Peace
United States
5375 Posts |
I feel your pain though. I bought a PCI Ms-61 half eagle a long time ago, severely undergraded. Cracked it and sent to NGC. Lo and behold, same MS-61. Came back today. It's not quite as nice as your coin, but it should be an EASY 63. Looks like we both got terrible luck, or graders that missed their lunch...  MS-61? They were ASLEEP I tell you... |
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Pillar of the Community
United States
2540 Posts |
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.
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Pillar of the Community
United States
5616 Posts |
HELLO V, I can not help but say this is a very nice coin. I would also ask you you said you did not "get the coin back yet", how do you know the coin you sent in is the coin you "will" get back. I just started the plastic game.I just sent some vams into ANACS, I hope I get the same coins back!!!MORGANS DAD....
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Pillar of the Community
United States
2443 Posts |
Quote:
In your first sentence you maintain that they slab the coins to authenticate, then in the rest of your post you stress how why everyone wants it slabbed because it is the grade that is important. In the case of the coin from the original post, if left in the current slab the owner would probably have some difficulty selling it, especially at the higher grade it deserves because so many people can't see past the number on the label.
Sorry, but very few coins are slabbed for reasons of authenticity. 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. |
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Valued Member
United States
486 Posts |
It happens, before long you'll be spending a hundred dollars more on the coin then what you purchased it for and possibly sacrificing a good grade. It looks like they got the grade right the first time. I recently heard the population reports are inaccurate because of people breaking coins out of their holders and resubmitting them without sending the TPG label in to the TPG service that originally graded the coin. -PP |
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Valued Member
United States
64 Posts |
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.
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Replies: 55 / Views: 4,866 |
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Posted 09/30/2008 11:45 am
