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I find a lot with hard to see FG's and putting the coin under a microscope will show it's there, just weak. This one is different. I tried different lighting an angles but it's just not there. Just unsure on what to think of this one
Looking at your pics, the following thoughts come to mind -- and please remember this is only my opinion:
1. This date is not one of the ones known to be found on a large scale without the initials, hence it is likely a polishing issue.
2. Your coin has a rough surface when seen up close. The roughness could help hide ghosted letters IF they are there and not totally polished off (possible!).
3. It does not matter if the above ideas could be proven true or not, the simple fact of the matter is that if its not there... then its not there
I suspect this is not a true mint error - as in a die variety - but is the result of extending the life of the die.
I know CCF members I have talked to before on this forum (and sold some of my NO FGs to) like absolutely no trace of the FG to be there. I do not believe the 83 No FG is a die issue either. THis "variety" is known though. It is also known this date is found with a major die clash => polished dies => missing intials.
Unfortunately, TPGs will sometimes be misleading. Here is the info on these from PCGS's own website clearly showing a ghosted FG and claiming its an example of a No FG.

And here is a pic of a slabbed example clearly showing visible remnants and ghosting of the letters - albeit the ghosting is faint.

Quote:I've found a 1973-D
Kennedy half dollar, graded as AU-58 and labeled as "Missing Designer's Initials" by PCGS and sold it for $141.
Wow! Since this is not a common one to find without the initials, then allegedly this would have been a case where they totally polished off the FG with no trace remaining. This is a rare occurrence and I understand why someone would want it.
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 halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2