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Did NGC Miss A Cleaned Label?

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Pillar of the Community

Canada
1505 Posts
 Posted 04/04/2015  04:41 am Show Profile   Bookmark this topic Add purelywasted to your friends list Get a Link to this Message Number of Subscribers
This looks cleaned to me, does anyone see the same? I am having a hard time see it as xf-45 as well, it looks closer to vf25-30 due to the braid.

http://www.ebay.ca/itm/1858-20C-Can...em27fc9f25fe
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T-BOP's Avatar
United States
18456 Posts
 Posted 04/04/2015  07:49 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I am not a Canadian collector, but I can see your point. the coin looks slightly cleaned. and the wear on braid and some wear on reverse could have brought the grade down to VF-35. IMO
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 04/04/2015  09:11 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Cleaned a little, VF-30 IMHO
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DaSlayer's Avatar
United States
204 Posts
 Posted 04/04/2015  1:52 pm  Show Profile   Bookmark this reply Add DaSlayer to your friends list Get a Link to this Reply
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doubleeagle59's Avatar
Canada
2495 Posts
 Posted 04/04/2015  2:29 pm  Show Profile   Bookmark this reply Add doubleeagle59 to your friends list Get a Link to this Reply
OK for the grade.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 04/04/2015  3:16 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Yes, I've seen this listing a couple of times, maybe cleaned, but unlikely, or if it is, it's market acceptable. As for the coin, it's highly overgraded, maybe VF-30, no way XF-45.
Pillar of the Community
Canada
1461 Posts
 Posted 04/04/2015  3:40 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
It gets a little annoying to watch the constant knee jerk reaction that automatically assumes NGC/PCGS consistently over grades all Canadian coins. Does it happen? Yes. All the time? Not even close. I've cross graded many coins both in and out of holders from PCGS/NGC to ICCS. Very few come back dropped. Although borderline on the cleaning, there is nothing wrong with the grade on this coin. Here is an ICCS EF 40 for reference and VF20 bottom.

Did-NGC-Miss-A-Cleaned-Label?

Did-NGC-Miss-A-Cleaned-Label?

Did-NGC-Miss-A-Cleaned-Label?

Did-NGC-Miss-A-Cleaned-Label?

Edited by TheCoinHunter
04/04/2015 3:59 pm
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 04/04/2015  3:47 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply

Quote:
It gets a little annoying to watch the constant knee jerk reaction that automatically assumes NGC/PCGS consistently over grades all Canadian coins. Does it happen? Yes. All the time? Not even close. I've cross graded many coins both in and out of holders from PCGS/NGC to ICCS. Very few come back dropped. Although borderline on the cleaning, there is nothing wrong with the grade on this coin. Here is an ICCS EF 40 for reference.


I agree with you. Over the past few years many collectors have raised concerns over PCGS/NGC over-grading of Canadian coins and as a result they have tightened their standards. Most coins come back with a perfectly acceptable grade and those that are overgraded are almost always within the 1 point (next highest grade) range.

Of all the graded Canadian coins in my collection, the ratio of PCGS/NGC vs ICCS is 4:1. And out of the 40 some slabs that I have, only 1 slab graded by NGC is noticeable overgraded. Personally, I find that NGC overgrades more often than PCGS but that's not the issue here. Overall ICCS, PCGS and NGC are all very good TPG's, heck even ICG and ANACS are OK most of the time.

However, I think you will agree with me when I say that the coin you posted and the coin OP posted are really in two different leagues. The difference is detail is simply unmistakable. The coin you posted is an obvious 40 while the coin OP posted is a 30 from ICCS. Is the coin OP graded cleaned? Not IMO, but it is certainly not deserving of the EF-45 it has been given.
Edited by zxcccxz
04/04/2015 4:07 pm
Pillar of the Community
Canada
1461 Posts
 Posted 04/04/2015  3:57 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
I don't know zx, I put up the other coin. I think the reverse is just weakly struck. To me portions of the obv of the OP coin has less wear than than the EF40. More specifically top and front hair. There is also more wear around the ear of the VF coin posted. Certainly going by the braid alone I may have to concede defeat to a VF30.
Edited by TheCoinHunter
04/04/2015 4:12 pm
Pillar of the Community
Canada
1461 Posts
 Posted 04/04/2015  4:59 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
Well, having gotten to a bigger screen and a better look at pictures I posted, I admit defeat and I'll suck it up. Admittedly the OP coin would likely grade ICCS VF30. I do maintain that the US TPGs do get it right most of the time and far too many times the reaction on this forum is to automatically assume over grading. I did leave my original posts and pictures up without change.
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Canada
1505 Posts
 Posted 04/05/2015  4:45 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
I was not trying to slag the TPG's, I am near the end of the hunt for a XF40-AU50 range 20 cent piece and was looking for an additional opinion on the grading as it looked off to me.

Which I think would explain why that coin is back up for sale after being sold only a few weeks ago. The pictures from the first sale showed a much nicer looking coin, but these new picks are a different story.
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