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 Replies: 9 / Views: 1,091 |
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Pillar of the Community
United States
673 Posts |
Edited by InfiniteInterest
09/02/2008 9:04 pm
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Moderator
 United States
16679 Posts |
Looks every bit of MS64 to me. Who slabbed it?
swcoin.ecrater.com
Edited by vermontensium
09/01/2008 9:26 pm
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Pillar of the Community
 United States
673 Posts |
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Pillar of the Community
United States
1130 Posts |
It looks suspicious, like someone dipped, then decided against it after getting the rim wet.
I also see fingerprints on the reverse.
Edited by 1sikevo
09/02/2008 11:07 am
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Pillar of the Community
United States
6384 Posts |
It does look like something contacted the coin along the left edge and caused it to tone in this odd fashion on both obverse and reverse. Maybe someone with dirty fingers pinched the coin at that spot before they sent it in to NGC and the toning happened later, inside the slab.
Gradewise, I don't see any obvious wear and marks are few. The cheek doesn't have any big hits. Hair detail appears incomplete above Liberty's ear, but maybe that is blur from the slab. I expect it's mint state and I'd give it an MS-63 based on the photos.
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Bedrock of the Community
United States
14454 Posts |
I am guessing its MS-63 if by PCGS or NGC (if by one of these companies I am going to guess NGC because of the white background). A 1878-S is one of the coins that can be high grade and still have a low value and it seems there are more MS-65 and above of this date/mm combination than there are of lower grades so even though I suggested MS-63 I wouldn't be surprised if they said it was higher grade than that (as I have stated many times I seem to grade pretty harshly compared to NGC and PCGS, I seem to be a point or two off most of the time). Now to see what others thought about it. As for the toning on the coin I am guessing its from being in a high humidity place for awhile which made this type of toning and I am no toning expert so I may be totally wrong but if there was moisture around a coin like this for a prolonged period of time I could see it causing something that looks like what yours looks like, especially if it was in some sort of manila pouch or something like that
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Pillar of the Community
United States
673 Posts |
Thanks to all who offered opinions ! I figure this one to be under-graded, but as Bryan pointed out- there are lots of them in even much higher grades than this one. I buy what I like...and I really like under-graded coins  I have to spend my money on something I can't think of anything better right now ! It is hard to limit myself some weeks at the shop, so many coins....so little money.... Anyway...here's the Slab  |
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Pillar of the Community
United States
1267 Posts |
Wonder if she was in that condition before slabbing. I've noticed that some NGC slabbed Morgans develope a yellow-ring around them after encapsulation. This was discussed on another coin forum using the title "NGC Ring" a couple of years ago; a forum I'm no longer affiliated with.  Take Care Ben  |
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Pillar of the Community
Canada
1267 Posts |
It looks like the coin was dipped, and retoned in the holder. The old fat ngc holders were famous for this, and it is the reason ngc added the flange between the paper insert and the coin. The untoned area appears to have some dip residue on it, and may be why it didn't tone. Here's an example of a dipping gone wrong, it has that same tobacco stained appearance.  Image:  dipresidue.jpg100.82 KB Edited by hadleydog
09/03/2008 4:37 pm
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Pillar of the Community
United States
673 Posts |
Thanks everyone ! I should explain further that the yellow substance you see in the obverse zoom has thickness to it. It is like glue or something, it has depth. A residue of some sort, I guess it could be soft/oily but since it is in the slab I cannot tell, and it looks hard to me. I guess the plan is to crack it out and try to remove the residue with some acetone...I'll keep you posted on the results- but don't hold your breath...I have other things first Bonedigger, I never heard of the "NGC Ring ", but then I only have two NGC slabs. I'll have to check that out. |
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Posted 09/01/2008 9:29 pm
