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Okay, So What Am I Missing Here With This Flying Eagle?

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paralyse's Avatar
United States
12057 Posts
 Posted 07/28/2015  10:24 pm Show Profile   Bookmark this topic Add paralyse to your friends list Get a Link to this Message Number of Subscribers
How does this Flying Eagle cent get slabbed AU-55 with no details grade?

It looks bizarre, and that's being charitable.

http://www.ebay.com/itm/111722758519


Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 07/28/2015  10:28 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Something smells fishy. Also, it has a real bad rim nick. I think this is an inside job.
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Ploopy's Avatar
United States
1788 Posts
 Posted 07/28/2015  10:57 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
No way
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edweather's Avatar
United States
7375 Posts
 Posted 07/29/2015  12:24 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Looks ok to me....so what am I missing? Rim nick isn't bad enough for a details grade.
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 07/29/2015  12:30 am  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply

Quote:
I think this is an inside job.



Wow you throw that accusation out there with zero proof that is recklessly damaging to an honest ebay seller's reputation.

I don't know this ebay seller and haven't purchased from him/her but the individual appears to be a decent seller.

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paralyse's Avatar
United States
12057 Posts
 Posted 07/29/2015  12:33 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I'm more curious as to the surfaces. It looks rough and I can barely read some of the lettering. Is this a die issue?

I'm not buying or bidding on the coin, but would love to know if this is a "legit" AU-55 or overgraded.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Aahz's Avatar
United States
177 Posts
 Posted 07/29/2015  12:46 am  Show Profile   Bookmark this reply Add Aahz to your friends list Get a Link to this Reply
I'm with paralyse - the letters in UNITED STATES OF AMERICA look awfully weak, and the first A in America is practically gone. Grease Fill, maybe? Would that justify a details grade?
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 07/29/2015  01:05 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply

Quote:
Wow you throw that accusation out there with zero proof that is recklessly damaging to an honest ebay seller's reputation.


I was not trying to accuse the eBayer of anything. I was saying that maybe the submitter knows someone on the inside of PCGS. This kind of thing happens. I Sorry for the confusion.



I don't see any luster on the coin and it looks like it may have been cleaned. The coin may just look weird in the lighting?
Edited by SilverStackerKid
07/29/2015 01:09 am
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 07/29/2015  05:16 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
I don't know but, it looks o.k. to me.
As far as the letters go probably greased filled.
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dave700x's Avatar
United States
10625 Posts
 Posted 07/29/2015  06:51 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Not a very good example for the grade for sure. There is even some verdigris on the reverse.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 07/29/2015  08:39 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
What's wrong with it? Let's see:

- Very fine porosity covering most of the coin.
- Rim nick on the obverse
- verdigris on the reverse
- very poor stike making the devices on the obverse and reverse

Could potentially be a cast counterfeit, but Idon't think it is and PCGS aparrently thought it wasn't as well.
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Ploopy's Avatar
United States
1788 Posts
 Posted 07/29/2015  10:04 am  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
I think this deserves a details grade.

That rim nick stands out to me.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/29/2015  10:14 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
What you're missing is virtually no wear on the breast and wingtips. Regardless of anything else, this coin circulated very little. With that as a given, you then have to start thinking why the rest of the coin looks the way it does, because circulation didn't do it.

To my mind, getting a pass on that rim ding might have been a bit much for PCGS.
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paralyse's Avatar
United States
12057 Posts
 Posted 07/29/2015  1:26 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
This is helping me learn what to look for when looking at slabbed coins as far as if it's okay or if it's an overgrade/misgrade. Thank you for the information so far!

It can be hard to figure out at times what exactly will force a coin to go Details grade and what issues are "acceptable".
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Earle42's Avatar
United States
10038 Posts
 Posted 07/29/2015  2:38 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Thanks SsuperDdave - Just two days ago I started trying to be a bit educated on grading. This coin is a perfect example of what the PCGS guy said about understanding wear vs. poor strike.
PCGS has three good 45 minute long previews to their grading classes on youtube. Just google:
youtube PCGS Webinar - Coin Grading
There are three vids I saw 101, 102, and 103. Even though they are only previews, it opened my eyes to things I did not know since I have never really studied grading beyond the antiquated system I grew up with in the 70s.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/29/2015  4:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Gotta admit it's borderline, but I think the clean grade is okay.
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