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Graded ICCS 1945 Dollar

 
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Author Previous TopicReplies: 6 / Views: 440Next Topic  
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United States
7 Posts
 Posted 05/24/2021  5:15 pm Show Profile   Bookmark this topic Add rhizome to your friends list Get a Link to this Message
A while ago I sent this dollar off to be graded by ICCS. I was quite surprised by the grade as I was anticipating an uncirculated grade. Is there something I'm overlooking, or is it simply a grading error? I appreciate any insight!



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Canada
8475 Posts
 Posted 05/24/2021  5:31 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The coin shows the slightest wear on the eyebrow ,cheek, earlobe, neck and on the reverse.
Should be AU58 technically.
I think they've net graded it because of all the marks.
I don't believe in net grading for circulated coins.
Let the market decide the value of a coin, the slab should not become a price tag, we pay TPG's for their grading opinion only, they have no business in directing the marketplace, let the collectors decide the value of a coin, IMO.
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59416 Posts
 Posted 05/24/2021  6:03 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree no less than AU-58. Terrible grade.



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11862 Posts
 Posted 05/24/2021  6:58 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
Definitely should be higher than EF-40. In my opinion, the discrepancy is enough to investigate whether an error was made.
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Canada
3953 Posts
 Posted 05/24/2021  7:07 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Brutal grading !
AU58 with some light scuffs!
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Canada
1413 Posts
 Posted 05/24/2021  11:32 pm  Show Profile   Check 47P7's eBay Listings Bookmark this reply Add 47P7 to your friends list Get a Link to this Reply

Quote:
Let the market decide the value of a coin, the slab should not become a price tag, we pay TPG's for their grading opinion only, they have no business in directing the marketplace, let the collectors decide the value of a coin,

totally agree with that!!!

I am also in the 55, maybe 58, subject to coin in hand.
ICCS might have devalued it because of all the knicks and knocks on the obv?

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Canada
1413 Posts
 Posted 05/24/2021  11:33 pm  Show Profile   Check 47P7's eBay Listings Bookmark this reply Add 47P7 to your friends list Get a Link to this Reply
sory, have no idea why it did a double post ?
Edited by 47P7
05/25/2021 10:19 am
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