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 Replies: 12 / Views: 3,230 |
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Pillar of the Community
Canada
2781 Posts |
First you have to question the submitter, but can someone explain how it got an AU55 with NO details noted?  Edited by Wade
06/19/2017 3:10 pm
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Pillar of the Community
 United States
2843 Posts |
I propose a new term PGD.
Post-Grading-Damage
Very likely that some chemical reaction caused that damage after it was already in the plastic.
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Pillar of the Community
United States
5825 Posts |
I see some ugly toning BUT that's eye appeal. That doesn't make it a DETAILS coin. I don't see any damage. Eye appeal can lower a grade but such a coin is still gradable. And it looks like it was graded by ICCS and they have different standards than US TPG's. |
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Bedrock of the Community
United States
94367 Posts |
@Big Sliver's thought might be correct. That would never straight-grade in the States, but in Canada?  Edited by Coinfrog
06/19/2017 5:13 pm
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Pillar of the Community
United States
2843 Posts |
I do not think that would be called toning. I'm copper coins or tokens as it may be that is not a normal display of toning. Looks like carbon spots and minor corrosion.
Also the question asked of why someone would send it in really does deserve an answer. Getting a technical grade makes very little sense for a coin that you'll never be able to sell due to its ugliness. People do have all kinds of reasons for doing things but I do think that this coin turned for the worse after it was put in the plastic.
Edited by BigSilver
06/19/2017 5:15 pm
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Pillar of the Community
Canada
5239 Posts |
@BigSilver, you can always sell a coin if the price is low enough...
But obviously it will not get AU prices..
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Pillar of the Community
Canada
683 Posts |
Does anyone know when this coin was graded?
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Pillar of the Community
United States
2843 Posts |
@oriole
I assume you know what I mean there's no upside to having a graded because you could sell it for the same price ungraded so the investment in grading would be pointless
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Pillar of the Community
Canada
5239 Posts |
@BigSilver, that is not exactly what I meant, but I think that is true as well. It was just an observation that the statement "will never be able to sell" is a bit of an overstatement, since everything has a price, however low it may be. Grading where the coin is badly toned or corroded does not enhance the saleability, or the price, usually a strong reason for grading. In this case, the coin could not sell unless it were sold at the price of a VF or low XF coin or something like that.
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Pillar of the Community
 Canada
2781 Posts |
I would find it very hard to believe that the corrosion & carbon spotting happened AFTER it was in the holder,
unless it was due in part to a reaction to whatever cleaning solution was initially used.
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Pillar of the Community
United States
840 Posts |
I will not squabble with the technical grade of AU 55,
but it is ugly and the dark spotting should have been mentioned.
doug
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Pillar of the Community
Canada
4911 Posts |
the style of the pictures makes me believe I know who the seller is...let me guess...they describe it as nicely toned and want a premium for it?
and as far as the coin itself goes...wow, looks terrifying, i'd say the color and spotting could qualify as environmental damage..and it looks like it may have been cleaned previously.
Feel free to call me Will.
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Pillar of the Community
Canada
2781 Posts |
Quote:
the style of the pictures makes me believe I know who the seller is if you are referring to the guy who used to grade his own coins then no, if you are referring to the "art" dealer who regularly adds a zero to the price of his offerings then yes. this little beauty is described as "BEAUTIFUL COIN For Your Collection" and can be yours for a measly $189.00 USD I might actually make an offer just to see how low I can go (que the limbo music) |
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Replies: 12 / Views: 3,230 |
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Posted 06/19/2017 4:22 pm
