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Hung My Head In Disappointment Over This One...(1846 Seated Liberty Dollar)

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numismatic student's Avatar
United States
11881 Posts
 Posted 02/02/2018  8:57 pm Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
*** Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! ***

https://www.ebay.com/itm/1846-Seate....m3641.l6368
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Bedrock of the Community
United States
10284 Posts
 Posted 02/02/2018  9:01 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
why? Did it go past your limit, or the coin itself? I sure wouldn't mind having that in my type set.
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numismatic student's Avatar
United States
11881 Posts
 Posted 02/02/2018  9:08 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
can't believe it straight graded at NGC. seems to stretch the limits of what is considered market acceptable.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
02/02/2018 9:29 pm
Pillar of the Community
United States
1189 Posts
 Posted 02/02/2018  9:30 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Looks heavily cleaned and/or polished to me. It really bugs me when TPGs straight grade such obviously cleaned coins. A big reason to buy a slabbed coin is so you know it's authenic and not cleaned so this practice on older coins is very deceptive to the buyer. I guess 90%+ of pre-1900 coins are cleaned so maybe they straight grade so coins in their holders seem more valuable.
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 02/02/2018  9:44 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
That's definitely not market acceptable. I can't figure out how the graders at NGC could miss this.
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MikeF's Avatar
United States
3479 Posts
 Posted 02/02/2018  10:06 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply

Quote:
That's definitely not market acceptable. I can't figure out how the graders at NGC could miss this.



Always remember that the grading companies have an advantage. They had the pleasure of viewing this coin in hand. We do not. When put under harsh light, issues will be exasperated. You can scream at the top of your lungs about it being harshly cleaned, but without viewing it in hand, I tend to side with grading companies. NGC deemed this coin as market acceptable after viewing it in hand.
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paralyse's Avatar
United States
12057 Posts
 Posted 02/02/2018  10:33 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
There's a reason the coin sold way under market, not only is it hideously ugly, it's been harshly cleaned. Shame on NGC.

If this is "market acceptable" then I must not be part of the market since I sure don't consider it acceptable to be in a straight-graded holder.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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chesterb's Avatar
United States
1261 Posts
 Posted 02/02/2018  10:34 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
The seller says it's beautifully toned...that's good enough for me!

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basebal21's Avatar
13014 Posts
 Posted 02/02/2018  10:37 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I'm not a big fan of NGC, but I would bet it's not as bad as those pictures are making it look. That said the grade does seem to be a bit generous.
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 02/02/2018  11:27 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:
.Always remember that the grading companies have an advantage. They had the pleasure of viewing this coin in hand. We do not. When put under harsh light, issues will be exasperated. You can scream at the top of your lungs about it being harshly cleaned, but without viewing it in hand, I tend to side with grading companies. NGC deemed this coin as market acceptable after viewing it in hand


Though I see where you are coming from I have to disagree. There are so many red flags on this coin visible just from the photos (I.e. the uneven surfaces, uneven color, uneven wear.) Pretty much uneven everything. And considering the price it sold for I would say the other people (buyers) noticed that as well. Lots of things that don't look to be from average circulation.
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MikeF's Avatar
United States
3479 Posts
 Posted 02/03/2018  12:22 am  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Here are the photos for the record.


Hung-My-Head-In-Disappointment-Over-This-One...1846-Seated-Liberty-Dollar
Hung-My-Head-In-Disappointment-Over-This-One...1846-Seated-Liberty-Dollar
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 02/03/2018  10:59 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
with Mike. Eye appeal is the problem, not the technical grade. Grading from any photos is no comparison to in hand grading.

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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 02/03/2018  11:41 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
I've noticed one thing common with some pieces with NGC. Note the location of the seller. Sarasota, FL. Hmmm I wonder where NGC is....you guessed it Sarasota. I've noticed they've been more than generous with several coins that originate on ebay from Sarasota. You wonder if there is any hometown bias going on? It is very possible local shops and dealers drop the coins off and get an extra benefit because they're local. Wouldn't surprise me at all if this was the case.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/03/2018  1:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Whatever the reason, a most unappealing coin.
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jbuck's Avatar
United States
188213 Posts
 Posted 02/03/2018  11:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Not sure how I feel about this one. It is not "growing on me" like they typically do, so I would probably pass even though it was within my budget.
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Debrajc's Avatar
United States
4211 Posts
 Posted 02/04/2018  4:30 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
That would get a pass for me also. Yuck!
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