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Roanoke Goes From 66 To 67+ Despite Nicks On The Nose

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Feuchtwanger's Avatar
United States
37 Posts
 Posted 03/19/2018  01:14 am Show Profile   Bookmark this topic Add Feuchtwanger to your friends list Get a Link to this Message Number of Subscribers
Sold last year in a 66 holder: https://coins.ha.com/itm/commemorat...tion-071515#

Selling now in a PCGS 67+ holder:

https://coins.ha.com/itm/commemorat...tion-071515#

Nice coin, but is it really on the verge of 68? And is it worth how ever many thousands more it will sell for just in a new holder?
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spru's Avatar
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12477 Posts
 Posted 03/19/2018  01:38 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
Wow. PCGS Price Guide says that's a $900 increase in value (for what it's worth).

I like it, but I am not seeing it at 67+. I think NGC was more accurate in this case.
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nickelsearcher's Avatar
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 Posted 03/19/2018  05:48 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I'm unable to judge from those photographs. Appears someone got lucky with the crack out and re-submit game.
Take a look at my other hobby ... http://www.jk-dk.art
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Coinfrog's Avatar
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94367 Posts
 Posted 03/19/2018  12:46 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree. It's the grading game, step right up folks!
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SilverDollar2017's Avatar
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 Posted 03/19/2018  12:50 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
Looks like a 66 to me. PCGS overgraded it in my opinion.
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basebal21's Avatar
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 Posted 03/19/2018  7:51 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
PCGS CAC overrules any picture until definitively proven otherwise. It likely toned in the old holder too which increased the eye appeal and the grade
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bandsdean's Avatar
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2125 Posts
 Posted 03/19/2018  9:09 pm  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
I'd call it an MS-66+. Too many hits for a 67 IMO.
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/20/2018  10:29 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply
The nicks on the hat alone knock it of of the Ms-67. Eye appealing or not someone's probably gonna get "ripped".
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/20/2018  10:43 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply
Actually after a second look, I'd say Ms-65 for this coin would be accurate.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 03/20/2018  11:42 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I feel certain that most of us here would be unable grade accurately at very high MS levels, from on screen pictures.

At these grade levels, the TPGraders should have it all over us, with the examining advantages that they have, that we don't. (raw, in hand, with a 10x loupe.) We see through plastic, on screen, with photography that is sometimes is less than perfect.

Therefore, why can't the TPGraders get it right among themselves?
Often, there are huge value differences at very high grade levels. We pay them to get it right !


I am happy to do on screen grading from VG to MS64, tops.
It really bothers no-one, if I get it wrong, although I feel complimented, when others agree with me.
We all should attempt to do on screen grading, because it increases our grading skills, and boosts our confidence.
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/21/2018  01:05 am  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:
I am happy to do on screen grading from VG to MS64, tops.
It really bothers no-one, if I get it wrong, although I feel complimented, when others agree with me.
We all should attempt to do on screen grading, because it increases our grading skills, and boosts our confidence.


Though I do agree with what You're saying, the whole "they had it in hand" argument fails when in this scenario there are visible markings on this coin, visible from the photos that would keep that coin away from anywhere near MS-67 (let alone MS-67+).

The only way that argument could still hold up in this scenario is if someone argued that those marks aren't there in hand, which I doubt Anyone would. I think this just another example of gradeflation, or gradecreep if you will, something that has appeared with almost every TPG, be it ICCS, PCGS, NGC or otherwise.

This is why I've mainly started only considering PCGS for authentication purposes.
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sel_69l's Avatar
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21786 Posts
 Posted 03/21/2018  02:34 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I agree; gradeflation has always presented a low level threat to the TPG industry.
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/21/2018  3:55 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:
I agree; gradeflation has always presented a low level threat to the TPG industry.


Unfortunately the real "victims" of this gradeflation issue
Isn't the TPG, but the collectors.
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basebal21's Avatar
13014 Posts
 Posted 03/21/2018  4:24 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The only way that argument could still hold up in this scenario is if someone argued that those marks aren't there in hand, which I doubt Anyone would.


Not exactly. 67s can have marks to start, but you can very easily argue that the marks aren't really visible in hand and that heavily magnified digital photographs make them appear a lot worse than they are.
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/21/2018  5:14 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:

Not exactly. 67s can have marks to start, but you can very easily argue that the marks aren't really visible in hand and that heavily magnified digital photographs make them appear a lot worse than they are.


Obviously an MS-67 isn't a perfect coin, but the dings I'm talking about are the ones that are visible without even zooming in the photo.

These marks, in My opinion and experience would knock any coin out of both the Ms-67 grade and Ms-66 grade.
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oriole's Avatar
Canada
5239 Posts
 Posted 03/21/2018  5:35 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
This is exactly what scares me about coins with such high grades. So much more money for something seemingly so subjective.
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