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How Did This Get In A NGC Slab

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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/20/2008  01:16 am Show Profile   Bookmark this topic Add Bryan1315 to your friends list Get a Link to this Message Number of Subscribers
it clearly has damage but made it into a NGC slab. It looks like someone shot it with a BB gun or something in the shield on the Obverse. They have bodybagged some coins I sent in to them that they say are cleaned but I can't tell it under 60x magnification and yet this got by them? Is there something at the mint that could have caused this? http://www.anacondararecoins.com/in...rt=203753206
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amac44's Avatar
United States
3242 Posts
 Posted 03/20/2008  07:20 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
It who the coin is grade for that NCG&PGCS cares about!!
if I were to send it in that coin the body bag come out!
Stacks & Anaconda rare coins other big company like that, who get the red carpet treatment
but not us the collector
I guess that why I try to get mine graded by ANACS no fussing around they grade it and thats it, plus the holder is better too.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 03/20/2008  08:23 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Bryan,

I'm not aware of any die imperfections in that area of the coin. That has to be post-mint damage. And as Angelo says, Anaconda probably got it through on their clout. Sad, sad!
Valued Member
gbchaosmaster's Avatar
United States
328 Posts
 Posted 03/22/2008  02:22 am  Show Profile   Bookmark this reply Add gbchaosmaster to your friends list Get a Link to this Reply
quote:
original post by Bryan1315

It looks like someone shot it with a BB gun or something...

NGC would grade a coin for Anaconda if it were shot by a .44 Magnum.

quote:
original post by amac44

...plus the holder is better too.

No way, PCGS's holder is the best. But NGC's slab is double ugly. But I want them to slab problem coins! Their grading is great, though. Yes, I am just typing these sentences as excuses to use smileys.

...I'm out.
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Amazon99's Avatar
United States
2443 Posts
 Posted 03/22/2008  9:21 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
quote:
if I were to send it in that coin the body bag come out!
Stacks & Anaconda rare coins other big company like that, who get the red carpet treatment


New Member
United States
9 Posts
 Posted 03/24/2008  3:44 pm  Show Profile   Bookmark this reply Add poorguy to your friends list Get a Link to this Reply
No, Anaconda does not get any kind of special treatment from the services. I don't submit coins on a regular basis but from my recent submissions, they are being VERY tough right now and have been for the past 1.5 years. This particular coin has a strikethrough on the obverse lightly muffling out LIBERTY on the shield. It wasn't apparent to me, nor NGC that this is post-mint damage. If anyone has proof to the contrary, present it to me and I'll consider it. If I think that the evidence warrants it, I'll send it back to NGC for a performance review. You can reach me at 800-440-8334 or better by email at brandon(at)anacondararecoins.com
Edited by poorguy
03/25/2008 10:05 am
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biokemist6's Avatar
United States
12437 Posts
 Posted 03/24/2008  4:00 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Hello Brandon,
First off, you might want to edit your email address to reflect the @ as AT so that way spambots will not sweep up your email address. Secondly, thanks for addressing this coin. I too at first was thinking struckthrough but I just could not tell from the pics on Anaconda's site. There is no telltale reverse damage that would indicate a serious hit on the obverse. I would think a hit that would make a ding that large would also bulge the reverse a bit. I was wondering if you would be so kind as to provide a detailed close-up of the area in question as an educational tool?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/24/2008  5:54 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I guess I should have just uploaded the pictures instead of linking to it on the website and may have gotten some different responses (wasn't thinking of the theory of who sends it in matters). I also thought I could see the damage on the Reverse in the shield part on the eagle which caused me to think it was damage, but I was actually asking if there was anything at the mint that would cause it. Thanks Brandon for coming in here and addressing my question, I have bought some beautiful coins from you before and know I probably will in the future I just saw this one (because its one I need for my dansco7070) and was hesitant to buy it because of what I thought was post mint damage
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/24/2008  5:58 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
You know, none of this would have come about had NGC the motivation to apply the word "strikethrough" to their slab legend. Like, um, all the other TPG's do....
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biokemist6's Avatar
United States
12437 Posts
 Posted 03/24/2008  5:58 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
I also thought I could see the damage on the Reverse in the shield part on the eagle which caused me to think it was damage


I was wondering about that flat spot in the rev shield as well but it does not match up. If the obverse "ding" caused damage on the reverse, it would show above the eagles left wing, not in the shield.

Superdave makes an excellent point, if the slab was labeled "Strikethrough" we would not be having this discussion. At any rate, a strikethrough that large would kill the eye appeal on a $1000+ coin(or a $100 coin for that matter) for me
Edited by biokemist6
03/24/2008 6:01 pm
Pillar of the Community
Amazon99's Avatar
United States
2443 Posts
 Posted 03/25/2008  01:05 am  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
quote:
You know, none of this would have come about had NGC the motivation to apply the word "strikethrough" to their slab legend.


Maybe NGC wasn't sure what it was and they just decided to ignore it?

How-Did-This-Get-In-A-NGC-Slab
Maybe NGC did the same thing here(the market by the shield)?
Edited by Amazon99
03/25/2008 01:36 am
Rest in Peace
muckeye's Avatar
Australia
661 Posts
 Posted 03/25/2008  06:11 am  Show Profile   Bookmark this reply Add muckeye to your friends list Get a Link to this Reply
To answer the original question.
The same way that all the other rubbish gets into a 'slab', someone pays for it.
regards,
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 03/25/2008  10:32 am  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
I can't say for sure why NGC slabbed it as AU 58 without comment.

But I can say:

A) There's no such things as an:
quote:
1853 25c NGC AU58 Arrows and Rays Seated Liberty Half


B) It's completely overpriced--a reasonable offer would have to take into account the fact that a gorgeous problem-free NGC AU-58 sold on 3/9 on Teletrade for $850. If a potential buyer feels that the 'strike-through' or whatever it is enhances the coin, I'd suggest he look at a truly problem-free example (Auction 2500, lot 1597). I'd say $850 would be the absolute highest of the high end for this coin. Perhaps the seller's reputation accounts for the high asking price.

C)
quote:
This particular coin has a strikethrough on the obverse lightly muffling out LIBERTY on the shield.
I think we could all agree that description is open to interpretation. One person's 'lightly muffling out' is another person's 'detrimentally obscuring.'

D) There is no way to prove except anecdotally that large-volume high-dollar submitters receive preferential treatment, and seeing a coin such as this does nothing to eliminate that perception.
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nlp coins's Avatar
United States
2373 Posts
 Posted 03/29/2008  5:35 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
I happen to like NGC slabs, but there is credence in the thought that large dealers get a pass on the ratings. I have a couple boxes of 2006 MS69 Early Release silver eagles that have significant obvious gouges caused by the rings of other coins. How they got 69's is beyond me and they are consecutively serial numbered.
Rest in Peace
muckeye's Avatar
Australia
661 Posts
 Posted 03/29/2008  10:58 pm  Show Profile   Bookmark this reply Add muckeye to your friends list Get a Link to this Reply
Anyone still trust the slabbing companies absolutely?
regards,
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Lucky_13's Avatar
United States
749 Posts
 Posted 03/29/2008  11:00 pm  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
Nope
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