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You Vs. PCGS: 1887 Indian Cent

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Mark1959's Avatar
7234 Posts
 Posted 12/14/2017  6:34 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply

Quote:
Here's a possible clue to how seriously PCGS's standards for Indian cents have fallen


Wow! I always thought they gave a rarer coin the benefit of the doubt but that's pretty bad (and not "BAD" as in "GOOD") but is an 87 with almost 4 Million considered rare?
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 12/14/2017  6:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The 1871 is considered scarce in high grades, but my point is, whatever the date, this AU-55 grade is just dead wrong by any standard - no diamonds, no luster, no nothing. I only bring it up as an indication of lax PCGS standards and what the grade might be on the 1887 subject coin. No intent to hijack the thread.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 12/14/2017  8:57 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
Even if the pictures are not the greatest, I am not seeing any wear. I would think MS-64 BN.
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 12/15/2017  11:58 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
XF-45
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 12/15/2017  2:27 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
but my point is, whatever the date, this AU-55 grade is just dead wrong by any standard - no diamonds, no luster, no nothing. I only bring it up as an indication of lax PCGS

I would have given that 1871 VF-35 . PCGS fell asleep at the wheel on that one .
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bandsdean's Avatar
United States
2125 Posts
 Posted 12/16/2017  6:08 pm  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
The pic is difficult to tell what the fields look like but I'll post my first thought/grade Proof-64.
Edited by bandsdean
12/16/2017 6:11 pm
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 12/16/2017  9:09 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
PCGS graded this coin PR-64.

In hand it is very obvious that this coin is a proof. It's my first 19th century coin and I'm very happy with it.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/16/2017  11:41 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
The 1871 is considered scarce in high grades, but my point is, whatever the date, this AU-55 grade is just dead wrong by any standard - no diamonds, no luster, no nothing. I only bring it up as an indication of lax PCGS standards and what the grade might be on the 1887 subject coin. No intent to hijack the thread.


Now that the grade reveal has happened, I can extend the hijack.

Study the "look" of those images very carefully. That coin was photographed using fluorescent lighting, with the camera's White Balance improperly set (probably not capable of correcting for fluorescent). The color is skewed heavily towards the blue, and another artifact of such a broad fluorescent light source is the obscuration of detail. Under that technical regimen, no accurate opinion of the coin's true condition can be drawn; indeed, the only assumption on the viewer's part is that they're being deceived as to the true look of the coin.

Doesn't mean that the coin deserves the grade, just that the images aren't capable of proving it one way or the other.
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T-BOP's Avatar
United States
18456 Posts
 Posted 12/17/2017  09:32 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Congrats bandsdean .
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