| Author |
 Replies: 13 / Views: 3,766 |
|
|
New Member
Ireland
2 Posts |
Hi
could someone please explain why NGC graded coins I purchased
have marks or blemishes on them.....yet, the coins are graded at 69 and 70
how come coins that are supposed to be near perfect and perfect... have marks on them.
regards forest
|
|
|
|
Pillar of the Community
United States
589 Posts |
I've one from PCGS (proof) with a bit of a mar on the cameo finish. Under good overhead light, the coin looks great under overhead light, but the defect becomes clear when under improper light or when you turn the coin on it's axis. I think it's since the coin itself technically is a PR-69, since PCGS must not take into effect mars on the cameo finish.
This is provided your coins are also proofs? If not, then I'd have to ask, what do you mean by "marks"?
|
|
Pillar of the Community
United Kingdom
2133 Posts |
Wikipedia says for MS69 Quote:
Coin has a sharp strike with full original luster, with no more than two small non-detracting contact marks or flaws. Perhaps they're marks of perfection ? |
|
Pillar of the Community
United States
5825 Posts |
One possibility assuming the "marks or blemishes" are just surface problems.
The coins had the problems before they were slabbed; they just hadn't developed yet.
|
|
New Member
United States
40 Posts |
hello forest,
I had the same problem with some PR70 and MS70 coins. I ended up returning them. I was also disappointed in the flaws I could see on perfectly graded coins. My coins had a milk spot in the field part and another had scratches on the device part of the coin. I don't think I will buy graded coins without seeing them first. I have heard that the grading of 70's is in how the coin is struck and could have a blemish or two.
Edited by Hop Devil
06/19/2014 9:55 pm
|
|
Moderator
 United States
23522 Posts |
It's because the TPG's simply don't get them right on a consistent basis, especially 70's. PCGS is better than NGC, but I've seen dogs from both. This is one major reason I advise against ever buying a 70. |
|
Pillar of the Community
United States
1511 Posts |
 ... I won't get into it again as many on here know my opinions on the mater.. but I will never buy a 70 (or even 69 for that matter) at any sort of a premium at all... I can easily pick out raws just as nice. There is no such thing as a "perfect 70". |
|
New Member
 Ireland
2 Posts |
Hi
Thanks for your input guys.... there are small scratch marks on the coins
it's just that I assumed highly graded coins would be near perfect.
regards forest
|
|
Pillar of the Community
United States
5825 Posts |
I don't buy coins dated after 1964.
That way I NEVER have to worry about MS- or PF-70.
|
|
Pillar of the Community
United Kingdom
2133 Posts |
Kanga,
No need to worry, just collect coins in lower grades.
What does it have to do with 1964 ?
I have some Victorian coins in MS grades 60 through 70.
|
|
Moderator
United States
23522 Posts |
Quote:
I have some Victorian coins in MS grades 60 through 70.
None of those 70's could be in a reputable TPG slab. The oldest MS70 I know of is a PCGS-slabbed 1984 commemorative. |
|
Pillar of the Community
United Kingdom
2133 Posts |
Quote:None of those 70's could be in a reputable TPG slab. The oldest MS70 I know of is a PCGS-slabbed 1984 commemorative. None of my Victorian coins are in a slab, however I think I graded them accurately. I have a few American coins in a slab - modern common dated coins in less than MS grade. I can't see why they were slabbed as their value seems to be under $10. I haven't broken them out of their slabs because I don't know how and because their value is low so I'm really not interested. |
|
Pillar of the Community
United States
5208 Posts |
|
|
Pillar of the Community
United States
5825 Posts |
Quote:
Kanga,
No need to worry, just collect coins in lower grades.
What does it have to do with 1964 ? 1964 was the last year the US struck 90% silver coins for circulation. And to the best of my knowledge there are no US coins graded MS-70 (and maybe even MS-69) before that. |
| |
Replies: 13 / Views: 3,766 |
|
Posted 06/19/2014 8:53 pm
