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I See Au@best, PCGS Says MS-65? Buy The Coin Not The Holder!

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Nelrak's Avatar
United States
974 Posts
 Posted 09/02/2007  1:49 pm Show Profile   Bookmark this topic Add Nelrak to your friends list Get a Link to this Message Number of Subscribers
http://coins.ha.com/common/view_ite...91-tem090107

Anyone else agree? Go on and click on it and zoom in and check out that great deatil on the hair, cotton, and ear...not to mention the great job someone did trying to clean the toning off!
Edited by Nelrak
09/02/2007 1:52 pm
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United States
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 Posted 09/02/2007  2:07 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
I think it someone picked a grade out of the hat. If that's a 65 I'm gonna be rich, cause I must own alot of MS70 Morgans
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halfabustisbetter's Avatar
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 Posted 09/02/2007  2:16 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
Weak strike may be the argument, but there's no way I'd put in in a 65 holder. I'm not even sure how it got slabbed unless this is one of those FOP (Friend of PCGS) deals.

The good news is I have a lot more PCGS MS-65 coins than I thought I did.
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Becky's Avatar
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954 Posts
 Posted 09/02/2007  2:36 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
I see a couple problems with your reasoning...

1. I don't believe someone tried to clean off the toning. They touched the coin, leaving their finger oils on it, so when it toned, it didn't tone on the "protected" finger prints. I don't know for sure if oils will remove the toning afterward, I have never tried.

2. You are trying to grade a coin from a photo, not easy to do. You can't see the luster, you aren't holding it in your hand like the graders did. The "weak strike" theory is probably correct.

Then again, this is just my opinion.....
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 Posted 09/02/2007  2:39 pm  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
I agree with a both FOP and weak strike.
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Bryan1315's Avatar
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 Posted 09/02/2007  3:12 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I would agree with a weak strike also but I always thought that if the strike was weak like that one it was impossible to get them in a GEM holder
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 Posted 09/02/2007  3:22 pm  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
Buy the coin and sell the holder.
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Nelrak's Avatar
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 Posted 09/02/2007  4:39 pm  Show Profile   Bookmark this reply Add Nelrak to your friends list Get a Link to this Reply
Well if you click on the ones that sold previously on the same page you will see none of those have a weak strike...unless they actually used a clay die since 1,618,000 were minted!

I see what may be fingerprints and what is obviously an attempt to clean up the toning by some method, look at the reverse between the One and Dollar and to the right of the arrow points?
Edited by Nelrak
09/02/2007 4:48 pm
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SsuperDdave's Avatar
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 Posted 09/02/2007  5:42 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I don't know. I hesitate to stake my reputation on photographs, even ones as good as Heritage's PCGS slabs, but if this is an Uncirculated coin, I'm the Pope. Compare the remaining hair and leaf detail on the obverse of the coin in question with the same areas on the coin I'm posting below, and then look at the strike around the ear. I won't even start on the reverse. I call this 1891-CC AU-53.

I-See-Au@best,-PCGS-Says-MS-65?-Buy-The-Coin-Not-The-Holder!

I-See-Au@best,-PCGS-Says-MS-65?-Buy-The-Coin-Not-The-Holder!

Keep the above images, as a great example of a truly weak-strike MS coin. Note that detail remains in the cotton bolls, even though the ear is feathered into the hair. Note the flat talons, yet the detail on the top edges of the wings is still present. Note that the largest leaves at the bottom of the wreath retain detail, even though the breast is as flat as an 1878. Note the flattening of the legs, yet remaining detail on the neck.
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Dewayne76's Avatar
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 Posted 09/02/2007  5:57 pm  Show Profile   Bookmark this reply Add Dewayne76 to your friends list Get a Link to this Reply
Definitely not eye candy.
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Becky's Avatar
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 Posted 09/02/2007  6:11 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
quote:
Definitely not eye candy.


Very true.....
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scoutjim99's Avatar
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 Posted 09/02/2007  7:45 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
The finger print theory is right on the money, so is the weak strike , MS-65 no way. To my understanding a weak strike on other coins would not ever allow you to receive a MS-65 grade . Unc maybe not MS-65. Like everyone else this is just my opinion.
Edited by scoutjim99
09/03/2007 02:03 am
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Bryan1315's Avatar
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 Posted 09/02/2007  9:21 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
scoutjim99, that is exactly my understanding, that a weak strike (especially one as weak as that one would have had to be) could never be slabbed as GEM (MS-65)
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Susanlynn9's Avatar
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5877 Posts
 Posted 09/03/2007  2:04 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
In my opinion, this is not even an uncirculated coin. I am not accusing anyone, but my initial feeling would be that this holder has been tampered with and the coin replaced with an inferior one. Even if there was some weakness in strike, I do not believe that can account for all of the issues with this coin. The obverse toning pattern indicates an ancient cleaning. The fingerprints on this coin are atrocious. For an MS65 coin, I believe these would have been detected under magnification even without the toning.

I personally find this coin very suspect.
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tights24's Avatar
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 Posted 09/03/2007  2:45 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
I find it hard to believe Heritage would even think of posting/selling/consigning a coin with this many questionable detriments, even with their detailed photography to show folks what this coin entails... I would understand if it was a raw coin, but if this coin really isn't a MS65 coin, when is their reputation at stake?
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Conder101's Avatar
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 Posted 09/04/2007  5:16 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yes you can have weak strikes in MS-65 I believe. I don't believe they will grade than 65 with a weak strike though (at least not officialy)

quote:
I find it hard to believe Heritage would even think of posting/selling/consigning a coin with this many questionable detriments, even with their detailed photography to show folks what this coin entails... I would understand if it was a raw coin, but if this coin really isn't a MS65 coin, when is their reputation at stake?

Whose reputation? Heritage's? Heritage makes NO claims as to the grade on this coin. They just quote the PCGS opinion. If there are errors it is PCGS's opinion and reputation not Heritage's. The auction houses love the grading services. They no longer have to go out on a limb and state an opinion on a coins grade and possibly be taken to task by the consignors or the buyers. Just point at the TPG. No chance of calling a coin one thing in one auction and then something else when you handle it again years later and being asked to explain why the inconsistancy. Now you just point to the TPG. Put a clause in your TOS that certified are not returnable because of opinions on grading. Take it up with the TPG. (Read the TOS, these clauses DO exist.)

Anyway this coin is in their Tuesday Internet Only auction and they are known for having coins in them that because of, not problems but let's say "difficulties", they are not suitable for their top line sales.
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