Seated Quarter TPG Question - Coin Community Forum

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Author	Replies: 4 / Views: 963
Bilbo Pillar of the Community United States 812 Posts	Posted 04/09/2009 7:02 pm The link below is to a PCGS F-12 Seated quarter on Heritage. I've never sent a coin in to a TPG, but had always assumed that a coin like this would be body-bagged. I think this qualifies as "honest" circulation damage and am encouraged that it was slabbed. http://coins.ha.com/common/view_ima...nly.php?img=http://images.ha.com/lf%3Fsource=url%5Bfile:images/inetpub/newnames/300/4/0/8/8/4088622.jpg%5D%2Ccontinueonerror%5Btrue%5D&source=url%5Bfile:images/inetpub/webuse/no_image_available.gif%5D%2Cif%5B('global.source.error')%5D&sink Those of you with more experience with TPGs, is this normal or unusual? Or is it because this is a rare date? Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 04/09/2009 7:20 pm It just kinda brings home the subjective nature of professional grading. On another occasion, a coin with similar damage might bodybag. And yes, I suspect that the rarity of the coin played a role. Heritage's complete sales history of 1864-S Quarters amounts to only 35 coins - that's beyond scarce. When an F-12 can go for almost $1000, I know it's out of my league. Report this Post to the Staff
Bilbo Pillar of the Community United States 812 Posts	Posted 04/09/2009 7:30 pm Definitely out of my league, too. But I do have circulated classic coins with similar issues due (in my opinion) to honest circulation. I'd like to think I could have some of them slabbed (not that it's likely I'll ever want to). Report this Post to the Staff
Bilbo Pillar of the Community United States 812 Posts	Posted 04/09/2009 8:58 pm Have any of our forum members submitted a coin with similar "circulation marks" and had them body-bagged? Or had them slabbed? I am intrigued, having spotted this coin! Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 04/09/2009 11:15 pm If you go to the auction and look at normal sized images, the marks (damage) are barely visible. For a scarce date, that type of "damage" is commonly slabbed by major TPG. This coin has probably been net graded down to F12 for the damage. The details are close to VF20; this is a common method to account for (or discount for) the damage. ANA #R3154474 Report this Post to the Staff
	Replies: 4 / Views: 963

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