1948 Mexico 5 Silver Pesos NGC MS-65 Grading Question

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Author	Replies: 4 / Views: 564
silvering Valued Member United States 58 Posts	Posted 12/27/2022 12:59 pm This coin has a obvious round indent in the L of LEY. I don't understand how it could get a straight grade instead of Details Damaged. If the coin is mint state what could have made the indent at the mint. It appears to me to be just PMD. What are others thoughts? Also, TPG's always slab these Cuauhtemoc coins with the reverse in the front? Report this Post to the Staff

Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/27/2022 1:04 pm I don't see that flaw as a big deal, to be honest. Report this Post to the Staff
silvering Valued Member United States 58 Posts	Posted 12/27/2022 1:43 pm Coinfrog, That's why I asked for others thoughts. I have always thought that according to the Sheldon scale, which I also thought was what TPGs were using, a MS65 grade wouldn't allow that sort of ' flaw'. Maybe I'm just to picky. There is a lot about coin collecting I don't know. That's one of the biggest reasons I'm on this forum. Thanks for your reply. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 12/27/2022 5:33 pm It may not be damage, but perhaps? a strike through error on the 'L' of 'LEY'. I am not happy with the slab grading - there are three small but significant digs above the 'I' of 'MEXICANOS', other small scuffs and scratches as well. Nice luster. MS-64, or even a bit less. Developing concentric die crack near the date area. KM#465 shows National Arms as the obverse, Cuauhtemoc as the reverse. Report this Post to the Staff
silvering Valued Member United States 58 Posts	Posted 12/27/2022 7:40 pm sel_691, Thanks for your thoughts and info. Report this Post to the Staff
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