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1871 IHC NGC Overgraded?

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Valued Member

United States
226 Posts
 Posted 02/12/2015  1:41 pm Show Profile   Bookmark this topic Add yooper to your friends list Get a Link to this Message Number of Subscribers
I am far from an expert but this coin seems to me to be over graded by NGC.
http://www.ebay.com/itm/1871-NGC-Ce...em3f46f11c6d

Many of the letters in LIBERTY are barely visible. It looks to be an F12 at best. Am I close?

I am looking to upgrade my 1871 but not with this coin.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 02/12/2015  1:48 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Yeah, I agree, I'm not an expert either but VF30 seems a bit extreme.
Maybe VF20, with the wear on the Indian's head dress and ribbon I can't see any higher if even that.
And, not fussy about the dig on the obverse either.
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nlp coins's Avatar
United States
2373 Posts
 Posted 02/12/2015  2:08 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
I think they graded the strike not the wear. F12 or 15 for me but nice original color. nlp
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Celticsoul's Avatar
United States
1566 Posts
 Posted 02/12/2015  2:17 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
NGC always over grades coins. This is to be expected.
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52Raymo's Avatar
United States
8521 Posts
 Posted 02/12/2015  2:26 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
There's a smear on slab also.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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buddy16cat's Avatar
United States
1536 Posts
 Posted 02/12/2015  8:12 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Looks high to me. The wear is weird but the coin by definition has "most of LIBERTY". I would not say that NGC under grades all coins but some here just under-grade everything and just say "it is their opinion".
Edited by buddy16cat
02/12/2015 9:28 pm
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T-BOP's Avatar
United States
18456 Posts
 Posted 02/12/2015  8:50 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I think the color is artificial brown. that deep cut on obverse is an eyesore. I'm no expert either , but ill say F-15.
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westcoin's Avatar
United States
9796 Posts
 Posted 02/12/2015  11:01 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
1871 IHC are notorious for weaker strikes, I'd say VF20/25 at best, I don't think it makes a VF35 grade at all. With that bad scratch on the obverse I wonder why it isn't a details coin.
"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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buddy16cat's Avatar
United States
1536 Posts
 Posted 02/13/2015  2:44 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Huh, was not aware of the weak strike of that coin. If that was me and I was selling it raw, I would consider it a fine coin and list it as such, discounted for a quick sell.
Edited by buddy16cat
02/13/2015 2:45 pm
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Nickel Guy's Avatar
United States
604 Posts
 Posted 02/13/2015  5:41 pm  Show Profile   Bookmark this reply Add Nickel Guy to your friends list Get a Link to this Reply
with westcoin.

It's just a weak strike. However, I believe the grade was a little generous.
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