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Replies: 43 / Views: 5,740 |
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Pillar of the Community
Canada
504 Posts |
I cropped the scan to make it smaller. 
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Pillar of the Community
Canada
1177 Posts |
can you link the MS65 silver dollar to ebay!?
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Pillar of the Community
Canada
1192 Posts |
I'd grade the coin in the OP as F-15 or VF-20.
PCGS is fairly accurate for most Canadian coin series, especially in the mint state grades. But there are certain series where they are simply asleep at the wheel. Fine-AU grades on silver 5c/10c/25c/50c coins is definitely in that "blind spot" of their Canadian coin grading. Sometimes they get it right, but often they overshoot on the grade. Especially on ~F-VF coins ending up in EF+ holders, like this one.
Buy the coin, not the holder!
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Pillar of the Community
Canada
504 Posts |
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Moderator
 Canada
10460 Posts |
Quote: ...but I still see way too many PCGS ms65 graded coins that I know full well ICCS would NEVER grade ms65. For every coin you see mentioned above, I can also find a coin where ICCS had badly mis-graded coins at MS-65 (and higher)... and where PCGS got it right. I bought a small cent, 1937 ICCS MS-66 recently (blind) and I was appalled at the surfaces of that coin - probably the last coin I buy blind in an ICCS holder. At Nuphilex, Coin Mart tried to sell me an MS-66 nickel dollar, that I know PCGS would not even cross-grade MS-65... I have probably seen more nickel dollars than PCGS and ICCS combined... so I trust my own eyes in that series. The main point here is learn to grade for yourself, and for higher grade coins, the buying decision should be made with the coin in hand.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
103 Posts |
@Doctorman1941...with regards to the NGC graded 1957 dollar, it's hard to know for sure without seeing the coin in hand, but it appears to have no wear (therefore it's mintstate), and no discernible marks on the queen's cheek or in the fields, therefore the grade may be accurate. It's obvious that there are marks on the holder (which is most evident at the 12 o'clock position. I examined a 1951 $1 ICCS MS 66 yesterday at the Edmonton show, and it had a very visible strike on the king's cheek, (hidden underneath similar toning)...which would guarantee that it wouldn't make 65 at PCGS. The rest of the coin was pristine. The problem with dark toning is that it can obscure marks that would otherwise lower the grade, so you've got to be careful.
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Pillar of the Community
Canada
1700 Posts |
doubleeagle59 I totally agree with you. For me, PCGS and NGC overgrade coins for their DESIRE and RARITY. They are certainly subjective when grading rare coins. ICCS does not give MS 65 easily. The problem with the coin on ebay is: If you buy it, you won't be able to resell it within the next few decades without loosing any money. By the way, why is the lable gold-coloured? Does anyone have an idea? Is it the value of the coin that gives the shield?
Edited by Petersun 11/11/2012 4:03 pm
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Pillar of the Community
Canada
2495 Posts |
Petersun.... the PCGS slabs that have been graded with their 'Secure Plus feature' carry the gold PCGS label. The Secure Plus carries a whole bunch of added 'secure' featues (whether or not they actually do, I'm not so sure). The added features are: -more precise grading -improved detection of altered coins -more likely recovery of stolen coin -increased value of high end coins within each grade (all these points taken from the PCGS booklet).
Please don't ask for an explanatuion because I hardly understand all this mumbo-jumbo myself.
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Pillar of the Community
Canada
1700 Posts |
Quote: more precise grading This feature should be there but it sometimes seems to me that some coins with the shield are overgraded.
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Pillar of the Community
Canada
1700 Posts |
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Pillar of the Community
Canada
1581 Posts |
Precision and accuracy are two different things.
Examples of precision would be VF-25 and VF-35.
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Pillar of the Community
Canada
1700 Posts |
On the NGC submission form there is a space named "lowest acceptable grade". In my opinion, this brings some evident overgrades.
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New Member
United States
2 Posts |
Wow, nice to see I am getting some attention. There are going to be holes in every grading company, that is why I put an offer button on the coin. I have sent in over 1000 coins cut from ICCS and sent them to PCGS to test this first hand. How many of you have spent $10,000 to do the test yourself? I have sheets and tons of information on cross grading. Which holder has had coins removed by auction companies and then re-heat sealed and put back in?
Ted Frick C.A.N.D. certified US dealer.
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New Member
United States
2 Posts |
One more thing...I can not tell you how many times I have sent in cleaned coins to one service and they get graded. So dont tell me what company is best, I have tons of data, not just one bad coin.
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Pillar of the Community
Canada
1554 Posts |
 Nice to see you here Ted! Your ears must have been ringing when you heard us talking about your coins! Glenn 
Edited by glenzy1 11/13/2012 04:12 am
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Replies: 43 / Views: 5,740 |