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 Replies: 31 / Views: 5,860 |
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Bedrock of the Community
United States
10045 Posts |
Poll Question
This is a coin slabbed by PCGS. It's not my coin, but it struck me as an interesting coin to grade/discuss.  I've posted a big pic for the most detail. What's your grade? I think you'll surprised at the PCGS grade  
Edited by DVCollector
04/28/2009 4:10 pm
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Pillar of the Community
United States
2541 Posts |
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Bedrock of the Community
 United States
10045 Posts |
That will come in time. I first want to see how collectors would grade this coin. |
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Moderator
 United States
23522 Posts |
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Bedrock of the Community
United States
10982 Posts |
I went with 62 also. The reverse could go 63 but not the obverse. There's so many hits on the obverse that I was tempted to say 60 but because of it's rarity, I imagaine it went 62 at least.
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Pillar of the Community
United States
5318 Posts |
Quote:
There's so many hits on the obverse that I was tempted to say 60 but because of it's rarity, I imagine it went 62 at least.  There's a lot going on the obverse--but should we grade up just because it's a big ticket coin?  |
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Bedrock of the Community
United States
10982 Posts |
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...but should we grade up just because it's a big ticket coin?
Ah yes - the dreaded "market grading". In all honesty, I wouldn't grade this coin above 61 if it were a "regular" '55. Because it's a DDO it may well have gone 64 at PCGS but likely went 63 due to it's status in the marketplace. |
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Moderator
United States
23522 Posts |
Quote:Because it's a DDO it may well have gone 64 at PCGS but likely went 63 due to it's status in the marketplace. Actually, it's been my experience that the TPG's are harder on rarities, being reluctant to "create wealth" by inflating the grade. |
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Bedrock of the Community
United States
19931 Posts |
The coin is a solid MS-63. I suspect it looks a lot better in hand, there's probably a lot of luster which goes a long way in TPG land. Remember, they don't typically use a loop, just a quick eye grade, so if the coin was blazing, they likely ignored the hits in the 8 seconds each grader looked at it. Eye appeal goes a long, long way. I'd totally be in shock if they went 64 or higher, I suspect you posted this because they gave it a 65. LOL Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
Canada
10743 Posts |
I'll bet they don't call it no more than MS-60RD |
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Bedrock of the Community
United States
10045 Posts |
Thad, Yes--perhaps the camera picked up all the scratches here, and not the overall look? Still, I was a bit surprised it graded this high. (I did not vote, but it didn't look over 63 imo)  |
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Bedrock of the Community
United States
10982 Posts |
Holy Smokes Batman! PCGS Price Guide Value is $47,500.00!
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Bedrock of the Community
United States
10284 Posts |
I went 64 RD
SUPERB COIN!
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Bedrock of the Community
United States
10982 Posts |
This is THE PCGS Top Pop! Grey sheet bid over $30,000.00!
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Pillar of the Community
United States
1882 Posts |
Quote:
Holy Smokes Batman! PCGS Price Guide Value is $47,500.00! Nah, it isn't so valuable. At Heritage, that coin sold for $34,500 in December. |
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Pillar of the Community
United States
1882 Posts |
Here's a link to the auction results. http://coins.ha.com/common/view_ite...8&Lot_No=278For anyone who doesn't have a membership there, the pics they provide, along with the auction archive, is quite an educational tool. Very much worth the price of admission: free. |
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Replies: 31 / Views: 5,860 |
Posted 04/28/2009 3:59 pm
