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Confused About The MS 63 Grade On This Liberty Seated Half

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Pillar of the Community

United States
521 Posts
 Posted 04/28/2020  08:57 am Show Profile   Bookmark this topic Add johnny676767 to your friends list Get a Link to this Message Number of Subscribers
Take a look at this, particularly the reverse. Is this a case of a very weak strike? Motto is not complete and feathers are not defined.

I can see that the rim and denticles appear UNC (maybe?)

What do you think?

https://www.ebay.com/itm/223988241609

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kanga's Avatar
United States
5825 Posts
 Posted 04/28/2020  09:49 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I know that the obverse is given more priority when the TPG's grade
BUT
This is ridiculous.
The reverse of this coin would have trouble making VF.
This is the sort of coin I wouldn't want in my collection even if NGC could somehow justify the MS grade.

If I got that slab in my hands the first thing I'd do is closely inspect it to see it has been tampered with.
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nemlas's Avatar
United States
213 Posts
 Posted 04/28/2020  09:52 am  Show Profile   Bookmark this reply Add nemlas to your friends list Get a Link to this Reply
Grader must have been very hung over.
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T-BOP's Avatar
United States
18456 Posts
 Posted 04/28/2020  10:01 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I'm not into Seated halves but without looking up NGC's register # I think this is an uncirculated coin but something grease or other substance got on just the middle of that reverse die . Not VLDS or wear . The rest of this coin is real nice .
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Zurie's Avatar
United States
5672 Posts
 Posted 04/28/2020  10:21 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I agree it's probably a grease-filled die. The letters on the reverse are sharp, and it likely has pristine surfaces. Not the most desirable mint state coin.
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 04/28/2020  12:41 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
Grease struck reverse, thick frosty patina that obscures the lustre in photos, that's my guess.
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IndianGoldEagle's Avatar
United States
36745 Posts
 Posted 04/28/2020  12:50 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Very poor strike but photos aren't clear enough to see the surfaces.
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suipakpaikungfu's Avatar
United States
992 Posts
 Posted 04/28/2020  4:24 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
Wouldn't buy it at XF money.
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 05/02/2020  08:38 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
By definition Mint State refers to a coin as struck, with bright surfaces upon being sent into circulation. On occasion, foreign substances or matter can find their way on to the planchets or on the working dies. Dies wear and pressures change at times. Despite all these and the many other variables, the coin in question should be noted in some fashion. Not necessarily a details grade, perhaps classified as an error since the reverse is not fully struck up. To grade the one in question at MS63 is a bit excessive.
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fenton's Avatar
United States
4989 Posts
 Posted 05/02/2020  09:47 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
NGC's photos are better than the auction ones. You can see a lot of luster booming through the toning. It's just weakly struck. https://www.NGCcoin.com/certlookup/4327912-004/63/
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fenton's Avatar
United States
4989 Posts
 Posted 05/02/2020  10:07 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
I'll note too that strike weakness can keep an MS coin out of higher grades like 64+ but a mark free coin with good luster and very weak strike can still make 63. I think it's fairly graded. Obviously buy the coin not the holder so if you don't like the look take a hard pass. I kind of like this one - weak strike may one day become very collectible since there is a rarity factor.
Edited by fenton
05/02/2020 10:07 am
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Ty2020b's Avatar
United States
4680 Posts
 Posted 05/02/2020  4:09 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Agreed, NGC's photos show more luster, but also seem to show a good amount of broken luster on the high points. That paired with the weak strike, wouldn't give this any higher than an AU 58..... eye appeal 3/10. IMO.

That being said, everyone has they're own preference on eye appeal, in hand this might very well be a 63. I feel like TPG should have a "note" section if you will when doing a cert. number lookup. Notate a weak strike or other factors that led to that grade. Keep the slab clean with their MS63 straight grade, but for everyone that does buy the coin and not the slab, and inevitably questions the grade, can look up the cert and check the notes. Just my 2 cents on it.
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299 Posts
 Posted 05/03/2020  12:58 am  Show Profile   Bookmark this reply Add freddo30 to your friends list Get a Link to this Reply
One dreadful looking coin. There are more appealing coins readily available for approximately the same price. I don't doubt that it is MS, but a poorly produced piece of (coinage) that toned unattractively.
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edweather's Avatar
United States
7375 Posts
 Posted 05/03/2020  08:43 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Yeah, don't care what the holder says, not a buyer here.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 05/03/2020  08:56 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I can't seem to get away from thinking that somehow, that the holder has been faked or tampered with in a very professional manner.

We are falling on hard times, and the temptation make easy money is much stronger than it has been.

The obvious 'gut' feeling is to just stay away from this sort of offer, and to be a little bit more careful about everything, not just the numismatic market.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 05/03/2020  09:34 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
My guess is that the holder may have been opened, the coin switched and the holder resealed.

Back in the nineties, at a coin club meeting, one member gave a talk about buying the coin and not the holder. He mentioned that coins could be switched, and one of the attending dealers said that it was impossible to do that with top tier graded coins like PCGS. A slightly heated discussion ensued. The following month, the speaker, a pastor, brought in a PCGS Morgan $1 holder, into which he'd skillfully inserted a Roosevelt dime. Not one of the sixty or so members attending could see how he'd done it. The dealer was dumbfounded ..... Looked like our pastor had missed his calling.
Edited by ExoGuy
05/03/2020 09:35 am
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