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Replies: 18 / Views: 3,244 |
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Pillar of the Community
United States
521 Posts |
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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Pillar of the Community
United States
5825 Posts |
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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Valued Member
 United States
213 Posts |
Grader must have been very hung over.
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Rest in Peace
United States
18456 Posts |
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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Pillar of the Community
 United States
5672 Posts |
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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Pillar of the Community
Canada
857 Posts |
Grease struck reverse, thick frosty patina that obscures the lustre in photos, that's my guess.
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Bedrock of the Community
United States
36745 Posts |
Very poor strike but photos aren't clear enough to see the surfaces.
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Pillar of the Community
United States
992 Posts |
Wouldn't buy it at XF money.
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Pillar of the Community
United States
1613 Posts |
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.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
United States
4989 Posts |
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Pillar of the Community
United States
4989 Posts |
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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Pillar of the Community
United States
4680 Posts |
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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Valued Member
299 Posts |
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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Pillar of the Community
United States
7375 Posts |
Yeah, don't care what the holder says, not a buyer here.
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Bedrock of the Community
Australia
21788 Posts |
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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Pillar of the Community
United States
4416 Posts |
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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Replies: 18 / Views: 3,244 |