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 Replies: 21 / Views: 2,548 |
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Pillar of the Community
United States
4989 Posts |
NGC put this guy in an MS-67 FS holder. I'm bidding on it but have some concerns it was misgraded. How strong is their grade guarantee? Doesn't look like FS or 67 to me but if I win I'll have a better feel when I get it in hand.   |
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Pillar of the Community
 United States
4989 Posts |
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Pillar of the Community
 United States
6559 Posts |
I feel NGC. over grades. but that is IMHO
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Pillar of the Community
 United States
8938 Posts |
Return that thing ASAP! Jefferson nickels are the most overgraded series Carte Blanche by ANY TPG. The rule of thumb, especially when dealing with FS, is ignore the TPG and judge for yourself. I kept count on a study I did. I looked through 102 MS-67 FS Jefferson nickels, and only 1 was a true FS coin. Others were 5FS or 3FS. These were a mixture of PCGS and NGC, but a majority PCGS. |
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Pillar of the Community
United States
4989 Posts |
My bid is only about 1/10th of the estimated market value so I feel fairly safe. Might send this one back to NGC for a grade guarantee if it's obviously not FS in hand.
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Pillar of the Community
Canada
1527 Posts |
From the Pic's, I would never call that Full Steps.
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Pillar of the Community
United States
4989 Posts |
Checking to see if I can retract my bid because it really doesn't even seem close.
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Pillar of the Community
United States
3207 Posts |
MS66 maybe, but certainly not FS
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Bedrock of the Community
United States
94367 Posts |
Sure looks generous to me.
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Bedrock of the Community
United States
36745 Posts |
With all the marks on the jaw and cheek bone, I can't see this above MS-65. FS....not even on a good day.
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Pillar of the Community
United States
4989 Posts |
I was able to retract my bid. They added one more photo and it's very clearly only 3 steps not 5. I think the grader at NGC wasn't properly trained.  |
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Pillar of the Community
United States
4989 Posts |
Here's the holder on this one. Kind of mind boggling since it is tied for "finest known FS" with a market value estimated at a couple $k. You would think that more care would have been taken for a registry type coin.  |
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Rest in Peace
United States
18456 Posts |
This is why I don't buy slabbed coins . Their are many PCGS ,NGC, and ANACS graded coins that I just don't agree with the grade . I would only buy a TPG if the coin was a top key date and only for authenticity .   |
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Pillar of the Community
United States
8938 Posts |
Quote:This is why I don't buy slabbed coins . Their are many PCGS ,NGC, and ANACS graded coins that I just don't agree with the grade . I would only buy a TPG if the coin was a top key date and only for authenticity I usually have issues with numerical grades, but strike designations I'm with you on. |
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Pillar of the Community
United States
4680 Posts |
Nowhere near FS. And no 67 IMO, I would expect a stronger strike at 67 and far less contact marks.
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Pillar of the Community
United States
4989 Posts |
Bid now $650 on this one even though it's obviously neither 67 nor FS. People buy the holders not the coin nowadays.
Edited by fenton
05/24/2020 6:59 pm
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Replies: 21 / Views: 2,548 |
Posted 05/22/2020 11:13 am
