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1908-S Indian Head Cent Vs. NGC, Grade Added

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paralyse's Avatar
United States
12057 Posts
 Posted 09/27/2015  3:55 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
NGC had an optimistic VF-35 grade.

You confirmed what I had figured: coin is overgraded. I bid very low because of this ($89) and won the coin anyway, much to my amazement.

My "eyeball grade" was VF25-30 despite the slab! :) Maybe I am learning from CCF.

All in all I think that's a solid win for the price I paid.

1908-S-Indian-Head-Cent-Vs.-NGC,-Grade-Added

1908-S-Indian-Head-Cent-Vs.-NGC,-Grade-Added
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 09/27/2015  4:03 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Wow, nice pickup
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/27/2015  4:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
It has a full, sharp "Liberty". I think the 35 grade was corect.
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paralyse's Avatar
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12057 Posts
 Posted 09/27/2015  4:09 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I felt the strike too weak to be a solid VF35.
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edweather's Avatar
United States
7375 Posts
 Posted 09/27/2015  4:22 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Nice holder, a bit of a TPG bump
Valued Member
United States
297 Posts
 Posted 09/27/2015  7:06 pm  Show Profile   Bookmark this reply Add 732amran to your friends list Get a Link to this Reply
Does great eye appeal bump the grade ? Be glad I'm not working for the grading sevice--he he. I'm still thinking F15 though--(smile)
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Neo13x's Avatar
United States
604 Posts
 Posted 09/28/2015  08:32 am  Show Profile   Bookmark this reply Add Neo13x to your friends list Get a Link to this Reply

Quote:
My "eyeball grade" was VF25-30 despite the slab!


I to feel it is over graded but I guess that's why I'm not called an expert.
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paralyse's Avatar
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12057 Posts
 Posted 09/28/2015  11:52 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
IHC's and FEC's tend to be all over the place from the "big 3" TPG's, as Snow noted. A raw coin in "strict" AU53 might come back anywhere from XF45 to AU58. If I had submitted this coin myself, it might have pulled a VF30. Big Dealer X submits it, now it's a VF35. Repeat with other TPG's and probably get anywhere from a 25 to a 35. I think 30 is a good average. When bidding on coins such as this, I usually set a max bid at least 1 grade lower than the slab grade, for precisely that reason, a sort of "overgrade insurance".
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srs77's Avatar
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3213 Posts
 Posted 09/28/2015  3:00 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
I said to myself VF30 before I got to the final grade. Nice pickup! Nice Coin!
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dsfreeworld's Avatar
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4337 Posts
 Posted 10/02/2015  9:07 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
I also just guessed VF30 before I looked. Really nice addition to the collection.
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