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Struck-Through Error On Silver Eagle

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captainmandrake1's Avatar
United States
878 Posts
 Posted 02/11/2021  1:56 pm Show Profile   Bookmark this topic Add captainmandrake1 to your friends list Get a Link to this Message Number of Subscribers
I had posted this before in the grading forum, but was encouraged to repost if I could get some better pictures. The idea was floated that this eagle has a struck-through error. I'm hoping that these new pictures will help someone help me identify the mark on the coin. I did send in pictures to PCGS asking them about it, but received no reply.

Struck-Through-Error-On-Silver-Eagle
Struck-Through-Error-On-Silver-Eagle
Struck-Through-Error-On-Silver-Eagle
Struck-Through-Error-On-Silver-Eagle
Struck-Through-Error-On-Silver-Eagle
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Keith67's Avatar
United States
6576 Posts
 Posted 02/11/2021  2:47 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
Not sure how that would strait grade at 70
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That Coin Dude's Avatar
United States
1427 Posts
 Posted 02/11/2021  4:00 pm  Show Profile   Bookmark this reply Add That Coin Dude to your friends list Get a Link to this Reply
Must be a strike-through if PCGS graded it that...
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Daves Errors's Avatar
United States
1566 Posts
 Posted 02/11/2021  4:19 pm  Show Profile   Bookmark this reply Add Daves Errors to your friends list Get a Link to this Reply
Looks like it got scratch or marked up with a pen. before the coin got slabbed The coin has to have a grade and the label has to be made then both put in the slab and sealed. If its a messed up coin it would not have got this grade. Call PCGS most of the time you will not get a email reply back.
Edited by Daves Errors
02/11/2021 4:38 pm
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CoinHunter27's Avatar
United States
5887 Posts
 Posted 02/11/2021  4:23 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
It looks like there is evidence of it continuing onto the rim so I'd say it's a scratch. Unfortunately it may have been scratched while getting in the holder.

-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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chafemasterj's Avatar
United States
6514 Posts
 Posted 02/11/2021  7:20 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Btw. Phenomenal camera work.
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jasper62's Avatar
United States
2189 Posts
 Posted 02/11/2021  7:24 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply

Quote:
Must be a strike-through if PCGS graded it that...


PCGS graded it SP-70 The label does not reflect a Strike through. It look's more like a scratch than anything else. Good example of buy the coin, not the slab
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merclover's Avatar
United States
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 Posted 02/11/2021  7:43 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
I would think that most people that are buying these are buying the stab, expecting the coin to be perfect. The jury is still out if this is an error coin or not. If you can find a buyer that wants to buy the error (or possibility) I say go for it, otherwise, I'd return it to wherever you bought it from for a non-flawed replacement.
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Yokozuna's Avatar
United States
4618 Posts
 Posted 02/11/2021  8:02 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
The reflective area of the long mark makes me think that it is a strike through. Does the shorter mark catch the light in the same way? I've see the same kind of error on American Silver Eagles caused by fibers from material used to wipe down the dies.

I have a pair of 1992 ASEs that are "Struck Thru." One has massive toning that developed in the ANACS slab over the last 29 years. Here's a link if you'd like to see this them. http://goccf.com/t/358464
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
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Rothery's Avatar
2145 Posts
 Posted 02/11/2021  8:25 pm  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply

Quote:
Good example of buy the coin, not the slab

Problem is when buying slabbed ASE's from dealers you are getting a coin they pull from their inventories of 100 or so examples. Rarely do they show the exact coin you are buying.
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Earle42's Avatar
United States
10038 Posts
 Posted 02/11/2021  8:29 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
Not sure how that would strait grade at 70

The owner of ACE coin in Hagerstown, MD answered this for me a few years back. He told me he is totally convinced that when monster boxes get sent in that the grading services just take out 20% off of the top and put them into MS70 slabs.
It started when he kept getting the same number f MS70s out of each box. He said he spent some time questioning all his dealer friends who sent in monster boxes like he did. He took polls at coin shows. The number was always 20%.
This 20% consistency is just too big a coincidence to think they actually take the time to grade every coin in a monster box.
Let's face it, there are a lot of people who just chase the MS70 label on ASEs, and few bother to check the coin.
It was after the owner telling me this, and encouraging me to start checking MS 70 slabs, that I started to suspect the grading companies are not all they want us to think they are. Since that time, the more I research, the less and less I see these companies as anything but a major money making business at the expense of the collectors.
http://goccf.com/t/346174#2967242
http://goccf.com/t/130186
Yours is just another example of what a lot of people come to find out when they start looking.

One more thing to add to this is I defy anyone to show an actual consistent difference between an MS69 and MS70 ASE (or any other coin). Considering any coin broken out and resubmitted to the SAME company is never guaranteed the same grade again....why shouldn't they not just scoop 20% off the top of a monster box? They can keep the percentages of MS70 slabs to a constant supply to keep prices up, the grade on the slab is not guaranteed (read the actual guarantee if you doubt this), and there is no scientific standard used to grade...so the grade is subjective anyway.

BTW - make sure you do all the math, shipping etc. if you plan on using the PCGS guarantee. The ending costs to the owner don't make it as peachy as it seems.
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Edited by Earle42
02/11/2021 8:33 pm
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macmercury's Avatar
United States
5832 Posts
 Posted 02/11/2021  10:13 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Investors and speculators just love paying those MS-70 label coins. I asked one of APMEX sale person during one of the Money show years ago, about the difference between MS-69 and MS-70, he could only explain to me was there are plenty of MS-69, but much fewer label MS-70 perfect coins.

If I crack out MS-69 and MS-70 slabs, and give this back to the same graders on a later date, likely they couldn't tell the difference either.
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silviosi's Avatar
Canada
6244 Posts
 Posted 02/11/2021  11:09 pm  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
In the begin of my life, before university I was goldsmith. Past also the master exams: so I can say very clear that scratch is the consequences of a sharp thing. It is not a dye., has not the mark of graving tools or deteriorating dye. It is very thin due to a very sharp tools or blade.
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 02/12/2021  07:56 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
If it was a strike through or a scratch, either way it could not grade 70. There isn't a 70 graded error coin that I'm aware of ever. It defeats the purpose of a perfect 70 to begin with.

I'd be looking into making an over graded claim with PCGS and let them pay the difference between MS69 and MS70 or explain why it's a 70 according to them when it's clearly not.
Edited by Big-Kingdom
02/12/2021 08:01 am
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captainmandrake1's Avatar
United States
878 Posts
 Posted 02/12/2021  3:03 pm  Show Profile   Bookmark this reply Add captainmandrake1 to your friends list Get a Link to this Reply
Thanks, everyone, for your input! At this point, I'm thinking something got caught in there during the minting process such as a fiber as was proposed by Yokozuna. There's some definite dimensionality to the mark, as was pointed out about the way the light falls on the mark. I can only agree with Earle42's suggestion that this eagle is among the 20% that just get put into holders without careful inspection. My first thought was to return it to the dealer, but then I realized it was kind of cool if not as an error, then as a curious error in grading.
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chafemasterj's Avatar
United States
6514 Posts
 Posted 02/12/2021  4:56 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
I noticed that Moxking had commented on your older post. If anyone from the Coin Community Family hears from him please let the rest of us know. Thanks.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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