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 Replies: 15 / Views: 2,108 |
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Rest in Peace
United States
5375 Posts |
http://coins.ha.com/common/view_ite...&Lot_No=7541Seriously, one little dig, probably barely visible with the naked eye constitutes 'damage'? Maybe it should impact the MS grade, but frankly I think this is ridiculous (unless I'm missing something). I've seen coins with marks just like that in slabs...I think TPG's need a more standardized approach to things like this. Do companies like this understand that it can make it hard to take TPG's seriously? Edited by coinguybrian
05/20/2010 11:39 pm
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Moderator
 United States
23522 Posts |
Damage?  I believe I'm going to watch this one, unless it's in your sights. There may be a bargain to be had. |
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Valued Member
United States
148 Posts |
NGC put a lot of attention to the location of dings, they don't like it on the major surface where it catch your eye at first glance.
Also it might look much worse in hand, and not so blended in like it seem in the pic.
and if am already at it, if it looks like a fresh ding, they might suspect it to be doctored, to hide another problem that was there before.
but then again, maybe you're right and it was just a heavy hand on the trigger...
In any case I wouldn't buy it off site without checking for myself...
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Rest in Peace
 United States
5375 Posts |
Yeah, I think though that they just kind of take a quick look at some of these things, and make a pre-judgment that may not be true about the given coin. And Dave, go ahead...I'm out of money now lol, but yeah you should be able to get a good deal on it because people buy the slab not the coin too much...
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Rest in Peace
United States
5375 Posts |
Btw Dave, would you say that the TPG's cracking down on their past relaxedness is resulting in stupid stuff like this? I wonder if theyll start cracking down on Seated dollars too; I see so many examples in top tier slabs that are overdipped, lightly damaged, etc.... |
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Moderator
United States
23522 Posts |
Quote:Btw Dave, would you say that the TPG's cracking down on their past relaxedness is resulting in stupid stuff like this? Yes, to an extent, but I honestly think this coin belongs in the holder it has. It's damaged. Just not badly enough to lose my interest.  |
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Rest in Peace
United States
5375 Posts |
Well then, where do we draw the line? It just seems so arbitrary, because, couldn't they start putting morgans with worse than average bagmarks in damaged holders?
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New Member
United States
14 Posts |
I agree Ahadow. I had a 1834 $5 piece get rejected for tooling marks. It is basically light scratches in 2 arears on the back only seen under 10X. Other than this, its mint. What's the difference than if it had scratches as a MS 60 to 63 would have. I think there are coins the TPG's just want to stay away from. |
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Pillar of the Community
United States
3076 Posts |
the question I have to post is,,,,with such a crackdown,,,,,what is to be said about coins already in holders? are they now worth much much less? seems like thats cutting the masses throats to tighten up there standards abit.....
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Rest in Peace
United States
4849 Posts |
Quote:
the question I have to post is,,,,with such a crackdown,,,,,what is to be said about coins already in holders? are they now worth much much less? seems like thats cutting the masses throats to tighten up there standards abit..... This is definitely a problem in my opinion, and something that the knowlegable numismatist may consider. I buy a lot of my coins online, and am therefore much more hesitant about purchasing coins in some of the older PCGS and NGC slabs when they were still bodybagging problem coins. However, a coin in a new holder could be one that used to be in an old one and was sent in only for re-holdering. There is no sure-fire way to play the market which again is why it's best to buy the coin and not the holder. |
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Pillar of the Community
United States
3076 Posts |
well I have certainly see lately, to many very beaten up MS 62/3/4 coins in NGC holders.....I don't know if thats a trend or what......is this do to mass assignment grading by large companies? but the little guy gets all the eyeballs?
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Rest in Peace
United States
5375 Posts |
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Moderator
United States
16679 Posts |
I have to say, I've seen coins slabbed by NCS that I'm just baffled by  Oops, that's NGC. PCGS for example I have noticed has an entirely different standard when it comes to Colonials. Take my avatar, a 1786 Vermont Landscape copper graded by PCGS as F12. It has a nice scratch, post mint, across the plow. I purchased it for the nice centering on obverse and reverse and strike so seldomly not encountered on this particular issue. I would have purchased regardless if slabbed or not. I have also noticed some of the very rare Sommer Island Colonials which have obvious corrosion and pitting (most if not all are metal detector finds) in problem free holders! swcoin.ecrater.com
Edited by vermontensium
06/08/2010 02:22 am
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Pillar of the Community
United States
3076 Posts |
I think the problem on those old colonials is very few were ever saved over the years as we save coins now within the last 100 or so years...seeing one is the problem so thats possibly why they are excluded from standards of today......one could guess how long or much a coin would errode after 200 something years?
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Moderator
United States
23522 Posts |
Quote:
Cleaned? Likely. The brown color showing around the edges of the devices is, to me, a classic sign of contemporary toning after a dip. Although that color is possible in the progression of the toning process, I'd expect it to have spread further over the surface before reaching that hue in the natural scheme of things. |
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Rest in Peace
United States
5375 Posts |
I just find it wholly strange since I routinely have seen these in slabs, even much worse.
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Replies: 15 / Views: 2,108 |
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Posted 05/22/2010 2:21 pm
