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 Replies: 20 / Views: 3,159 |
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Moderator
 United States
16677 Posts |
swcoin.ecrater.com
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Pillar of the Community
United States
7185 Posts |
It does look too bright and has the tell tale scratches visible even in the holder. The seller is crazy if he thinks that coin is worth even half as much as he wants for it.
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Moderator
United States
23522 Posts |
If that's original surfaces I'll eat it. And the seller is asking XF money for it.
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Rest in Peace
United States
10625 Posts |
Yeah, that one took a harsh cleaning. Is this a counterfeit slab or did PCGS take the money?
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Bedrock of the Community
United States
10982 Posts |
This is a very scarce date with only about 150 known pieces in existence. It looks net graded 10 to 15 points for the cleaning.
PCGS would have gotten the money if they returned it in a body bag since this slab pre-dates "genuine" slabs.
The asking price is high, it's a $2,000 coin tops.
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Moderator
 United States
16677 Posts |
I'm putting together a CC type set of Seated coins and need this one. Will not be this particular coin though. swcoin.ecrater.com
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Pillar of the Community
United States
3278 Posts |
So they turn their head because it's very rare?
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Bedrock of the Community
United States
17884 Posts |
Quote:
So they turn their head because it's very rare? Yep, if that had been a common piece it would have been bodybagged. |
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Moderator
United States
16677 Posts |
PCGS does that all the time. Extremely rare coins get a pass.
swcoin.ecrater.com
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Pillar of the Community
United States
9792 Posts |
I think many of the TPG's tend to overlook cleaning on coins worn more than EF condition. ANd as to a rare date, I think they would be more inclined to want it in their holder vs a competitor TPG. My opinion for what it's worth. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
4415 Posts |
This is just one more reason that I shun PCGS ... discriminatory grading. IMHO, that coin's beyond having a simple cleaning. It's been harshly scrubbed/whizzed. Maybe, the next time it appears in the marketplace, it'll have a sticker affixed?
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Pillar of the Community
United States
1801 Posts |
I can't see past the hairlines all over the coin to see if the original surface looks cleaned or not.
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Pillar of the Community
United States
3755 Posts |
It is certainly scratched beyond belief. The extreme scratching dropped that coin a lot of points down to the grade they gave. I can go with this grade, but it should be a details "harsh cleaning" coin.
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Bedrock of the Community
United States
17884 Posts |
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I can go with this grade, but it should be a details "harsh cleaning" coin. Yes, but back when that was graded PCGS was not doing detail grading. They weren't even doing Genuine slabs yet. At that time problem coins were bodybagged, as this coin should have been. |
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Pillar of the Community
United States
2295 Posts |
I bet a dealer that deals directly with PCGS got it slabbed. They can get away with things like that, since PCGS knows that dealer will keep sending in lots of coins.
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Valued Member
United States
161 Posts |
reaffirms my faith in buying only slabbed coins to avoid getting "stuck" with a problem coin.
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Replies: 20 / Views: 3,159 |
Posted 02/07/2012 10:34 am
