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This PCGS Grading Drives Me Crazy.

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edweather's Avatar
United States
7375 Posts
 Posted 07/03/2014  4:04 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
I know that these minor varieties are graded differently than normal LWCs. I sent one in that is clearly better obverse and reverse, and only got VF35 from PCGS. Really makes me wonder how much they favor certain clients. There is no flippin' way that this gets AU50. VF30-35 at best IMO.

http://www.ebay.com/itm/1922-No-D-L...em2c8681267e



......I'll add a photo of mine later, I'm not at my computer now. Maybe I have a case for resubmission.

edit: here's mine

This-PCGS-Grading-Drives-Me-Crazy.
Edited by edweather
07/03/2014 5:50 pm
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 07/03/2014  4:08 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
When they tried to restore the dies on these I know a lot of the detail was lost.

I do still agree it is overgraded.
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ksmcents's Avatar
United States
306 Posts
 Posted 07/03/2014  4:55 pm  Show Profile   Bookmark this reply Add ksmcents to your friends list Get a Link to this Reply

Quote:
Really makes me wonder how much they favor certain clients.


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CoinsKelly's Avatar
United States
3453 Posts
 Posted 07/03/2014  5:45 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I am playing devil's advocate here but do you think there is a chance there is luster that is not evident in the photo and maybe this is a righteous grade?

(CK ducks and runs for cover...)
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dave700x's Avatar
United States
10625 Posts
 Posted 07/03/2014  5:54 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
The reverse looks like EF-45 to me.

edit - the ebay coin.
Edited by dave700x
07/03/2014 7:06 pm
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edweather's Avatar
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7375 Posts
 Posted 07/03/2014  6:32 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
I've studied this variety for many hours. The reverses on the higher grades are usually in decent shape. Where the rubber meets the road is on the obverse. My reverse is crisp and has full wheats too. My LIBERTY, date, IN GOD WE TRUST, and the wear on Lincoln's face is as good if not better than the one that got the AU50 grade. Theirs is definitely 5-10 points overgraded, and mine is 5 points undergraded. That's big $ on these coins. I'm weighing the possibility of a resubmission.
Edited by edweather
07/03/2014 6:35 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 07/03/2014  6:45 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Notoriously weakly struck obverse.
swcoin.ecrater.com
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rking007's Avatar
United States
784 Posts
 Posted 07/03/2014  6:57 pm  Show Profile   Bookmark this reply Add rking007 to your friends list Get a Link to this Reply
Can you post some bigger pics of yours? I can't seem to see the detail very well.

The one on ebay - the reverse looks EF45 maaaaaybe AU50. Admittedly, I am still not the greatest at weak strikes, but the obverse... I don't know. The rim letters are just about running into the rim and most of the detail is almost non-existent. I suppose this could make EF/AU? Looks like actual wear on the cheek and jaw only?

I dunno, I'm not saying I disagree with your assessment, just my observation which is why I'd like to see yours better to compare the two. Either way you slice it, I'm jealous of your 22 plain! :)

EDIT: Never mind on the pics, I just learned that I could just type your cert into the website and get them myself. :)
Edited by rking007
07/03/2014 7:00 pm
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edweather's Avatar
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7375 Posts
 Posted 07/03/2014  7:11 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply

Quote:
Can you post some bigger pics of yours? I can't seem to see the detail very well.


Yes, good catch, you can get them from the website. The PCGS Trueview photos are a bit dark IMO. I have some much better (and brighter) photos at home that I'll add later. I grabbed the PCGS photo from work just to get something up to look at. I think the other guys reverse is a bit better than mine but not 15 points better, plus my obverse is definitely better than his.
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wheatchaser140's Avatar
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2368 Posts
 Posted 07/03/2014  8:12 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
Reverse looks EF to AU. Obverse is probably a weak strike IMO.
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edweather's Avatar
United States
7375 Posts
 Posted 07/04/2014  10:20 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
ok, so here are some pictures of my coin before it was slabbed.

This-PCGS-Grading-Drives-Me-Crazy.

This-PCGS-Grading-Drives-Me-Crazy.

The wheat lines in the ebay listing are a little better than mine. I'd hate to think that's what gave it a 15 point better grade. Out of the slabs, I'd still pick mine over his because of the obverse........but then again, if PCGS is giving crazy high marks for good wheats I might have to adjust my strategy if I ever buy another one.
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smokeriderdon's Avatar
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3755 Posts
 Posted 07/04/2014  11:49 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Its PCGS. It HAS to be graded correctly. Remember, they are God and can not be questioned.
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welder's Avatar
United States
1037 Posts
 Posted 07/04/2014  11:55 am  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
I am not defending TPG's, but they do use halogen lighting and some type of magnification to examine coins for grading. This combination allows the graders to see imperfections that the naked-eye cannot.

On the human side, a TPG'er can be partial to some clients over others. I have heard of unhappy customers cracking open the disappointing graded coin and resubmitting it hoping to get a better grade.

Personally, I will not send a coin to be graded, but I do buy graded coins from time to time. Coins like in the OP, I put in a 2x2 to preserve the coin.
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CoinsKelly's Avatar
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3453 Posts
 Posted 07/04/2014  5:38 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
smokeriderdon! For one hot second I thought you drank a cup of koolaid.
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mgillette's Avatar
United States
374 Posts
 Posted 07/04/2014  6:13 pm  Show Profile   Bookmark this reply Add mgillette to your friends list Get a Link to this Reply
I have to say, there is a world of difference on the Reverse of the two coins, both in terms of the lines, color, contact marks, and blemishes.
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BH1964's Avatar
United States
10982 Posts
 Posted 07/04/2014  6:17 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Strong reverse No Ds are graded primarily by the reverse. The ebay linked coin looks like it could make AU50 on the reverse. Yours might make XF40 but here again, discount the obverse that is virtually disregarded in grading these and it's easy to see why they graded them where they did.
ANA #R3154474
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