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NGC Excessive Surface Hairlines?

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Pillar of the Community
Ugly's Avatar
Canada
1733 Posts
 Posted 04/17/2010  9:17 pm Show Profile   Bookmark this topic Add Ugly to your friends list Get a Link to this Message Number of Subscribers
Shopping around gently for this coin and came across this one. Is this an NGC euphemism for being harshly whizzed?

I can't see surface details in this pic so I don't know.

http://cgi.ebay.com/1870-L-C-W-CANA...GC_W0QQitemZ110517646887QQcmdZViewItemQQptZLH_DefaultDomain_0?hash=item19bb5d7627
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Halfwitty's Avatar
United States
1523 Posts
 Posted 04/17/2010  9:31 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
What in the world is that? I haven't seen that before.How about cleaned? Or is that the "Wiped with a cotton cloth" grade?
Edited by Halfwitty
04/17/2010 9:33 pm
Pillar of the Community
Canada
693 Posts
 Posted 04/17/2010  10:31 pm  Show Profile   Bookmark this reply Add coinsrfun to your friends list Get a Link to this Reply
12 foot pole
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Ugly's Avatar
Canada
1733 Posts
 Posted 04/17/2010  11:01 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
Didn't say I was going to buy it... especially don't buy coins without great images and usually never over a couple hundred unless it's in person. The only thing a slab means to me is I have to be careful removing the coin from it before I chuck it in the recycle bin.

I was just curious if anyone had come across this particular piece of nomenclature and what it's real interpretation is.
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Halfwitty's Avatar
United States
1523 Posts
 Posted 04/17/2010  11:04 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Yup. This happened to me with these guys.They gave my Bene a MS-60 w/excesive scratching.Duh? But this slab is 15 years old. I don't think they do that anymore.
Edited by Halfwitty
04/17/2010 11:12 pm
Pillar of the Community
Canada
693 Posts
 Posted 04/17/2010  11:05 pm  Show Profile   Bookmark this reply Add coinsrfun to your friends list Get a Link to this Reply
I have seen numerous fake holders.....all seem to say cleaned....altered.......etc.....NGC PCGS like I said 12 foot pole
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Canada
693 Posts
 Posted 04/17/2010  11:07 pm  Show Profile   Bookmark this reply Add coinsrfun to your friends list Get a Link to this Reply
Obv designer L.C. Wyon Halfwitty you changed post dropping question why?
Edited by coinsrfun
04/17/2010 11:13 pm
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Dollar1948's Avatar
Canada
636 Posts
 Posted 04/17/2010  11:13 pm  Show Profile   Bookmark this reply Add Dollar1948 to your friends list Get a Link to this Reply
I would'nt dream of buying a graded Canadian coin unless it was graded by a Canadian grading company.Period, end of discussion...
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Canada
9865 Posts
 Posted 04/18/2010  1:05 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I'm too concerned with a receding hairline,I envy someone who has excessive hairline.Sorry. Its the coin not the seller that has this problem.
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Ugly's Avatar
Canada
1733 Posts
 Posted 04/18/2010  1:32 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
@ Dollar .... That would shut a lot of doors on decent coins these days. The mistake would be in relying on a TPG grade as gospel to establish price. Especially over the internet.

Where I think these auctions and sites come in super handy is establishing clear expectations of value and providing a pulse on how hard some of the super rare coins are to get. Pop reports and mint reports included it's impossible to tell how many are actually available until you look around. If there is only one on ebay and none sold at heritage torex or teletrade etc in the past year, you have to be thinking no one wants to part with one no matter what the price. But if there's a dozen various grades on ebay and a transaction base of 20 via the auction houses, you can bet you can buy one at a decent price for that item. I've also used auction data to help establish in person pricing for similar coins.

It's just a research vehicle and a good one if used wisely.
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