Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

How Can Something Like This Get Straight-Graded?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 32 / Views: 4,444Next Topic
Page: of 3
Pillar of the Community
ron6788's Avatar
United States
655 Posts
 Posted 03/24/2018  3:34 pm Show Profile   Bookmark this topic Add ron6788 to your friends list Get a Link to this Message Number of Subscribers
This sure doesn't look like a flaw in the planchet or a mistake in engraving. It looks like graffiti. I suppose the reasoning for the straight grade is that it's seen a lot of use and this is par for the course. Really unattractive and CAC-approved to boot.

This kind of thing makes a good case for not trading slabs by grade, sight-unseen.

How-Can-Something-Like-This-Get-Straight-Graded?
How-Can-Something-Like-This-Get-Straight-Graded?
How-Can-Something-Like-This-Get-Straight-Graded?
How-Can-Something-Like-This-Get-Straight-Graded?
Bedrock of the Community
Learn More...
panzaldi's Avatar
United States
18670 Posts
 Posted 03/24/2018  3:38 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
i would not bust this one out. it would have a good chance at a details designation. If I was purchasing though I wouldnt be looking at the slab, I'd be looking at the coin and to me that mark is not only in a key area but does not appear to be natural as you suggested
Bedrock of the Community
numismatic student's Avatar
United States
11894 Posts
 Posted 03/24/2018  3:41 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
love the cac sticker
Moderator
Learn More...
Spence's Avatar
United States
34416 Posts
 Posted 03/24/2018  3:43 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
not trading slabs by grade, sight-unseen.


I agree!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Pillar of the Community
westernsky's Avatar
United States
7621 Posts
 Posted 03/24/2018  3:46 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Miss Liberty was either in a knife fight or slashed in the subway.

I still believe that the big auction submitters are in cacoots with the graders and the green beaners.

Smucks like us will get the details grade this coin deserves. Big auction house gets what they want that benefits them.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 03/24/2018  4:00 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Hard to believe.
Pillar of the Community
Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/24/2018  4:07 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply
Another example of buy the coin, not the holder.

Tbh the whole 'auction companies being Buddy buddy' with the TPGs doesn't seem to far fetched with coins like these.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 03/24/2018  4:12 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
100% A details coin . Must I raise a rant again on TPG ?
Pillar of the Community
ron6788's Avatar
United States
655 Posts
 Posted 03/24/2018  4:27 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply

Quote:
Miss Liberty was either in a knife fight or slashed in the subway...

Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 03/24/2018  4:42 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I must agree that this should be a details coin. But 99.997 percent of NGC and PCGS are accurately technically graded.

It seems that someone finds a bad grading a couple of times per month and the same players jump into the "bad TPG" bandwagon.

I look at tens of thousands of those two TPG's in a year, both in hand and photo. There are coins that APPEAR, from photos, to be wrong.

But I would much rather bet on their accuracy than raw coins. I know perfectly well how to grade. I know what constitutes superior eye appeal.

Saying that "buy the coin" phrase is so terribly ridiculous. If you don't know how to grade and are uncertain about what eye appeal is best - what exactly are you supposed to depend on? Someone's opinion who shows us here on a regular basis that they don't know how to grade?

Or Mr. Mugoo on ebay?

I like a professional opinion. I don't always agree with it. But when I spend several hundred or thousands of dollars on a coin I appreciate NGC and PCGS.

From selling coins that I buy through Heritage, I do make nice profits that I can use for even better coins.

If you are buying a slick Liberty nickel enjoy your $2 purchase, or your bank box of nickels to sort, or your stash of ebay tokens or world coins. Those are all great ways to buy coins you enjoy.

At the same time, allow me to purchase coins the way I like without being ridiculed for liking TPG coins.

If you spent less time looking for the negatives in our hobbies and more time finding the good we would all be better off.

...huff puff...rant over...
Bedrock of the Community
Earle42's Avatar
United States
10038 Posts
 Posted 03/24/2018  4:50 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
How can something like this get straight-graded?

They are the professionals. Their reasoning and grading expertise is above question by us mere mortals.

Seeing this coin even had the unquestionably-right TPG experts grading verified by another set of "experts" with green beans, we just need to swallow our (misguided) pride, accept what the label says (forget the coin), and learn to ignore our own observations/ideas/reasoning.









How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Pillar of the Community
kanga's Avatar
United States
5825 Posts
 Posted 03/24/2018  5:00 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Strong candidate for a holder that's been tampered with.
Or something else along that line.
Edited by kanga
03/24/2018 5:00 pm
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 03/24/2018  5:03 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
My first sentence above was that this coin presented was wrong.

I said nothing about 100% accuracy.

Extrapolating that to "mere mortals" or (forget the coin) does nothing to help in offering better understanding.
Pillar of the Community
Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/24/2018  5:31 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:
.If you spent less time looking for the negatives in our hobbies and more time finding the good we would all be better off.


So we should just ignore when the 2 or the major standards for grading (NGC/CAC) make a pretty big mistake because people don't like disagreements? When companies like the big three grading companies expect us to ensure so much trust in them we should be able to call them out when they amateur mistake like this (not getting small variety wrong, or straight grading a cleaned coin, A giant gash on the coin visible from a metaphorical mile away).

When I point the negatives I'm not trying to sound like a person who discredits every coin graded by TPGs, I am trying to show that (and I assume anyone else who does) NGC and CAC can be wrong, or make mistakes as well, because I think some people think of it like they can't be wrong, or if they disagree with a TPG's assessment that its something wrong with them and that these TPGs are unarguable.


Quote:
.
Saying that "buy the coin" phrase is so terribly ridiculous. If you don't know how to grade and are uncertain about what eye appeal is best - what exactly are you supposed to depend on? Someone's opinion who shows us here on a regular basis that they don't know how to grade?



No its not though, grading is a thing every collector should learn, its not hard, even just basic non numeric grading is extremely useful and its a thing with help save mucho denairo and disappointment in the long run. And on the main point that, if You're buying a coin just because a piece of paper in some plastic says its a nice grade (just I am over simplifying it) and not on the fact that You like the coin and at least somewhat agree with the grade then You're only selling Yourself the short end.

Pillar of the Community
SilverDollar2017's Avatar
United States
8715 Posts
 Posted 03/24/2018  6:05 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply

Quote:

So we should just ignore when the 2 or the major standards for grading (NGC/CAC) make a pretty big mistake because people don't like disagreements? When companies like the big three grading companies expect us to ensure so much trust in them we should be able to call them out when they amateur mistake like this (not getting small variety wrong, or straight grading a cleaned coin, A giant gash on the coin visible from a metaphorical mile away).

When I point the negatives I'm not trying to sound like a person who discredits every coin graded by TPGs, I am trying to show that (and I assume anyone else who does) NGC and CAC can be wrong, or make mistakes as well, because I think some people think of it like they can't be wrong, or if they disagree with a TPG's assessment that its something wrong with them and that these TPGs are unarguable.


This coin appears to be a details coin from the images. My grade would be VF Details - Graffiti.

However, just because the TPGs make one error does not call for such a reaction. How many times have you purchased a coin, only to find out it was cleaned later?


Quote:

Seeing this coin even had the unquestionably-right TPG experts grading verified by another set of "experts" with green beans, we just need to swallow our (misguided) pride, accept what the label says (forget the coin), and learn to ignore our own observations/ideas/reasoning.


Why don't you buy a raw, ungraded 1927-D Double Eagle?
Pillar of the Community
Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 03/24/2018  6:13 pm  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply

Quote:
However, just because the TPGs make one error does not call for such a reaction. How many times have you purchased a coin, only to find out it was cleaned later?


Valid fair point, however this is much easier to see than a cleaning (well most cleanings). And its not that I am try to discredit NGC and CAC, its just hard not to be a little concerned when 2 companies who pride themselves on their accurate grading make a rookie mistake like this.
  Previous TopicReplies: 32 / Views: 4,444Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.39 seconds to rattle this change. Forums