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Shouldn't This 1916 Quarter Have Been Details?

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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 10/20/2015  10:29 pm Show Profile   Bookmark this topic Add CoinHuntingDrew to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/1916-25C-ST...AOSw7aBVJftf

There's obverse PVC damage and the nick by the date is pretty deep.
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paralyse's Avatar
United States
12057 Posts
 Posted 10/20/2015  10:43 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Yes, in the real Coin World. Absolutely details.

This isn't the real Coin World, at least in this sort of coin category. Adkins can put enough pressure on PCGS to have it graded any which way.

PCGS (and the others) tend to be a bit less "by the book" on very rare key date coins, since they serve as "halo" coins in auctions and showcases. This is especially true when you have a Gary Adkins or David Lawrence pushing the coins through the grading room. You would expect that a coin of this caliber would be scrutinized down to the tiniest nick, but more often than not, that's not the case. What looks like a gouge or scrape to you and I becomes a "heavy bag mark" and the coin gets a pass. PCGS, the auction house, and the dealer all win.

(Both fine dealers, by the way, and I have bought several higher end coins from both, but I am not going to say they don't use their prestige to influence TPG grading standards on their coins, because they do.)
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westernsky's Avatar
United States
7621 Posts
 Posted 10/20/2015  11:00 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
PCGS, the graders and the seller should be ashamed of themselves for sliding this stuff through the grading process and giving it a legitimate grade just because it's a rare coin. They are almost stooping to the level of the basement slabbers! (And grading is completely anonymous? Yeah, right!)

Whomever buys this coin should NEVER bust it out of the current slab. To do so will get the coin the details grade it should have had in the first place.

This just confirms suspicions that when you are a big submitter, and significantly contribute to the TPG company bottom line, you can pull a few strings and get things done.

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acloco's Avatar
United States
3540 Posts
 Posted 10/20/2015  11:33 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
The ultra gray surfaces of this coin scream cleaned. Don't really agree with the VF grade either.

The whack on the date makes, even this key date, less value.
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champco's Avatar
United States
44 Posts
 Posted 10/21/2015  12:50 am  Show Profile   Bookmark this reply Add champco to your friends list Get a Link to this Reply
To me if I owned a like coin that looks substantially better, and graded the same, do I talk to my lawyer? Is my coin worth a lot more AND DESERVE SOME HIGHER GRADE?
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jerseyben's Avatar
United States
1211 Posts
 Posted 10/21/2015  07:41 am  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
This "confirms" nothing. No one has presented any actual "proof" of anything here...
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Bud250r's Avatar
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827 Posts
 Posted 10/21/2015  07:48 am  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
How did it ever get a green bean too.
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T-BOP's Avatar
United States
18456 Posts
 Posted 10/21/2015  08:58 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I don't think there is PVC damage on this coin. but that gouge in date is really sad. deal killer for me. I agree with the grade as far as wear. Maybe should have gotten DETAILS . would also add; questionable color.
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westernsky's Avatar
United States
7621 Posts
 Posted 10/21/2015  11:51 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
I believe this exact coin was either discussed here, or on a PCGS thread, many months ago. I know I've seen it somewhere else.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/21/2015  5:26 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Like other "rarities" ('77 IHC for example), the 1916 SLQ always gets a break.
Edited by Coinfrog
10/21/2015 5:27 pm
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