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Holy Smokes! This Is A PCGS MS-63?!?!

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cc99999's Avatar
United States
1302 Posts
 Posted 10/19/2011  01:51 am Show Profile   Bookmark this topic Add cc99999 to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/1893-Columb...em20b6fcfc4d

Something has to be up with this coin holder because there is no way that this is an MS grade half dollar. This looks XF to me. Am I losing my mind or something?
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/19/2011  02:29 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It is a combination of poor photography and a coin with notoriously flat details. The first detail you look at when checking a Columbian for wear are the sail lines, the coin has to be at least high AU if they are complete. The lighting setup for the photos was all wrong as it did not show luster at all, just flat dull surfaces. I would bet that the protected areas on the obverse actually have nice lustrous greenish-bronze toning along with enough eye appeal to make it a $75 coin.

Unfortunately for the seller, first impressions are everything on ebay and my impression is that it looks like a dog but actually has the potential for being a very nice coin. Based on looks alone, I would expect to find a coin like that in a dealer's silver bucket
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United States
3184 Posts
 Posted 10/19/2011  02:39 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
Sometimes the grading companies get things wrong. Buy the coin not the holder
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aladinslamp's Avatar
United States
3076 Posts
 Posted 10/19/2011  03:00 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
I own 5 of these.. wish I could a grade like this....While the concern is a flat obverse while the REVERSE has the sail lines detailed...I have to wonder...
the OBV wear patterns are above the eye. and this coins hair is ultimatley gone.......is this two coins? posted?no luster is present...
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aladinslamp's Avatar
United States
3076 Posts
 Posted 10/19/2011  03:02 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
would I think your link is MS63 NOOOOO. theres absolutley no luster present...
Valued Member
United States
132 Posts
 Posted 10/19/2011  09:29 am  Show Profile   Bookmark this reply Add dmott88 to your friends list Get a Link to this Reply
I wouldnt pay more than melt for it. Most dealers have better examples in there junk bins
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upstate's Avatar
United States
3283 Posts
 Posted 10/19/2011  12:06 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 10/19/2011  3:06 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
biokemist6 got it right, you can't judge this coin based on the poor photograph and I have had a number of the Columbian Expo. halves in MS condition and they don't look very much different than an XF - AU. Poorly designed coin where the reverse has better detail than the obverse which is not typical for coin designs.

Ed
ANA LM-3175
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southsav's Avatar
2224 Posts
 Posted 10/19/2011  4:40 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
My first impression was the same, not a MS, but with some of the definition of the reverse, probably is. I'm not attracted to it.
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VACookey's Avatar
United States
155 Posts
 Posted 10/19/2011  6:39 pm  Show Profile   Bookmark this reply Add VACookey to your friends list Get a Link to this Reply
It looks like the slab is cracked at the top and perhaps wedged open on the side. Is it possible the MS coin was removed from the slab?
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 10/22/2011  03:48 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
Coins rarely, if ever, rotate in slabs and this one is 90 degrees counter clockwise which doesn't look right at all. VACookey may be right and the coin was switched from the left side. But why? A BU Columbian is not an expensive coin and not worth the trouble one could be in by switching a high grade circulated coin for an MS-63

Ed
ANA LM-3175
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ExoGuy's Avatar
United States
4416 Posts
 Posted 10/22/2011  9:52 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
Coins rarely, if ever, rotate in slabs


Correct me if I'm wrong about this, but isn't the subject PCGS holder an older model, a so-called "rattler" wherein the coins are loose and known to rattle when shaken?

I heartily concur with the explanation offered by Biochemist. I must confess that my own attempts at coin photography are too often feeble.

While I don't think that this is the case of a coin being switched, that's always a possibility with the PCGS holdrs A pastor buddy of mine once put a Roosevelt dime in a newer model PCGS Morgan slab, and the folks in our coin club could not detect where he glued the slab back together. Now, if a pastor can do that "good" a job to teach us to buy the coin, not the slab, how "good" a job might a larcenous person do?
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Amadauss's Avatar
United States
41 Posts
 Posted 10/22/2011  10:00 pm  Show Profile   Bookmark this reply Add Amadauss to your friends list Get a Link to this Reply
If you scroll down on the item you will see this statement in big blue letters.

Grading and descriptions are subjective and it is up to the buyer to evaluate the items we post and decide for themselves.

Not taking anything away from the seller but I guess if purchasing, you have to be the judge on whether the grade listed meets your standards to be labeled as such.
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