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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading

NGC Missed On This 1892 S Morgan?

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Author Previous TopicReplies: 2 / Views: 687Next Topic  
mrulon
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 Posted 10/05/2019  12:56 pm Show Profile   Bookmark this topic Add mrulon to your friends list Get a Link to this Message Number of Subscribers
So does everyone agree NGC missed a coin and certified an obviously cleaned coin? Here is their link:
https://www.NGCcoin.com/certlookup/5764181-003/35/
Slider23
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 Posted 10/05/2019  1:44 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The grade appears to be technically correct at today's grading standards. I would not call the coin original as it looks like an old cleaning that is market acceptable. The TPG's give coins at this grade level a break on strict grading standards.

Your goal on collecting should be to find an original coin with eye appeal at a fair price. The OP coin would fail the eye appeal and original test. Many classic coins were cleaned in the 60's and 70's. I cleaned my share of Morgans in the 60's with my mom's silver polish and a cotton T-shirt.
Edited by Slider23
10/05/2019 1:57 pm
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IndianGoldEagle
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 Posted 10/05/2019  3:01 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
That's a coin if offered to me at a Coin Show I would hand back and say I'll pass on it. It has been cleaned. At what point do they say it is "market acceptable"? Does it depend on who is submitting it?
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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading



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