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2004 P Nickel Keel Boat Undergraded By PCGS

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CherryPicker1's Avatar
United States
646 Posts
 Posted 11/07/2019  5:09 pm Show Profile   Bookmark this topic Add CherryPicker1 to your friends list Get a Link to this Message Number of Subscribers
I think PCGS really did a bad job with this one. They graded it MS66, and comparing it to their other examples, this coin was clearly very undergraded.

My coin(MS66)-
2004-P-Nickel-Keel-Boat-Undergraded-By-PCGS
PCGS MS68 example-
2004-P-Nickel-Keel-Boat-Undergraded-By-PCGS
PCGS MS67 example-
2004-P-Nickel-Keel-Boat-Undergraded-By-PCGS
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Canada
9865 Posts
 Posted 11/07/2019  5:47 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
PCGS had the advantage of seeing these coins in hand, but from the pics it's obvious that the strike quality of the 68 is far superior to that of the 66.
"Dipping" is not considered cleaning...
-from PCGS website
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fioti's Avatar
United States
4212 Posts
 Posted 11/07/2019  6:25 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
I agree w/66. Comparing it to a 68 is a reach, imo. One thing I did notice, the PCGS 66 example has a scratch over the E in CENTS.
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 11/07/2019  6:26 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
It should be a 67, not strong enough for a 68
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Tunnioc's Avatar
United States
3179 Posts
 Posted 11/07/2019  11:24 pm  Show Profile   Bookmark this reply Add Tunnioc to your friends list Get a Link to this Reply
The detail in the hair on the 68 is the difference.
Edited by Tunnioc
11/07/2019 11:29 pm
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basebal21's Avatar
13014 Posts
 Posted 11/08/2019  12:04 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
The 68 is clearly the superior coin of them all.

Without being able to rotate the coin under light it appears it was limited by the cheek and possibly luster quality. 68 is out of the question but I don't think anyone would really argue against a 67. That said PCGS has been tight for a long time now
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/08/2019  08:46 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
No doubt about that!
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