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How Can This Possibly Still Be MS-65?

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Pillar of the Community
968 Posts
 Posted 08/19/2014  6:17 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
The major TPGs market grade regardless of if they admit it or not.
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KenKat's Avatar
United States
4085 Posts
 Posted 08/19/2014  8:46 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
I will be interested to see where this one ends up. Just for reference, Numismedia says:

MS63 $325
MS64 $450
MS65 $880
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oih82w8's Avatar
United States
7840 Posts
 Posted 08/19/2014  8:50 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I would pass on this as well, I like toning, but not this type. At least it has a return policy on it, may be worth the risk that it looks better in hand.
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amida17's Avatar
United States
4897 Posts
 Posted 08/19/2014  10:18 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Quote:
The major TPGs market grade regardless of if they admit it or not.


I am not one to buy slobbed coins, however,I agree. Except, not always....from what I've seen there is NO consistency with how they grade. Keys and the such certainly seem to garner more leniency. Just learn how to grade and know what YOU are looking at seems like the most sensible solution.
Edited by amida17
08/19/2014 10:21 pm
Pillar of the Community
968 Posts
 Posted 08/19/2014  11:01 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
Or learn how the TPG's grade, and make money buying raw material that is underpriced relative to it's value in a holder.
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amida17's Avatar
United States
4897 Posts
 Posted 08/19/2014  11:19 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
Yes...this is true. I definitely need to stop my personal bias toward slobs. It's hard...ya know? I find it difficult to get past the whole cannot touch it thing.My main focus is post-colonial and old copper. I am not in this game to make a killing on others, just wan't to buy stuff I like and can touch. Break even, ya know? If I can turn a quick profit it is just a bonus.....
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 08/20/2014  3:35 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Thanks all for the information.
Amida17 said,
Quote:
I am not one to buy slobbed coins,

Me to and
Edit
Lets give credit to the term, 'Slobbed coins," to BiggFredd, my he RIP.
Thanks Amida17 for using a term from an amazing CCF member.
I use the term and get the
Sorry Tkbsic for hijacking your post. The term 'Slobbed" means a lot at CCF.
Edited by bpoc1
08/20/2014 4:00 pm
Pillar of the Community
968 Posts
 Posted 08/20/2014  4:01 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
Amida, there's some nicer stuff you collect in slabs... Buy the coin, not the holder. Crack 'em out once ya get 'em. all it takes is some bolt cutters/tin snips.
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KenKat's Avatar
United States
4085 Posts
 Posted 08/25/2014  8:09 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Just as a follow up, this coin ended for big money - $1,225. That's significantly more than Numismedia for MS65 which was $880.

Kinda surprised me but who knows...
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tkbslc's Avatar
United States
1158 Posts
 Posted 08/25/2014  11:28 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
That's just crazy money for that coin. Makes me want to put my coins away wet.
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westcoin's Avatar
United States
9792 Posts
 Posted 08/25/2014  11:29 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
That coin looks like at least a technical MS65 FH but the photos are too out of focus to tell, so the buyer is relying on the NGC grade and any return privilege the seller offers. One cannot really grade by static photos alone, one must have the coin in hand to be able to really see from all angels and let the light cartwheel around to tell areas of light wear or rub. Photos are good when they are good and unhelpful at best like the ones for this SLQ are.

I agree the eye appeal on this particular coin is not very good, though even with the mediocre photos I'd agree with MS65FH as the technical grade.
"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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