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Please Explain This MS-66

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lukkyseven's Avatar
United States
880 Posts
 Posted 11/12/2010  4:42 pm Show Profile   Bookmark this topic Add lukkyseven to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.com/1946-D-NGC-MS66...em4cf09ca5fa

That looks like total crap to me as far as grade goes. It kind of looks cool, but shouldn't it grade lower? I understand that toning can affect luster and flaws, but if you look at the back you can barely see the flames and the bands are almost non exsistent.
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Pandesalapi's Avatar
Philippines
386 Posts
 Posted 11/12/2010  4:58 pm  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply
me too... after seeing the picture, lots of questions integrated into my mind.
Is this a clear example that a slabbed coin will tend to tone and its grade be affected over time because of the air inside the slab?
Did this TPG company made a mistake by grading it MS66?
Is the slab by these TPG companies can easily be counterfeited nowadays?
what could be the protection on these MS66 slabbed coins?
I am sure a lot from us would also raise more than a hundred of questions in mind...
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 11/12/2010  5:03 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I see what looks to me like worn places on both sides of this coin. The ear and the bottom of the torch especially. Maybe it is just me.
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Adam_E's Avatar
United States
4846 Posts
 Posted 11/12/2010  5:11 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
well, I see an MS-66 coin.

keep in mind, toning can cover up imperfections, it can also seem worn under toning too.
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wheatguy's Avatar
United States
1534 Posts
 Posted 11/12/2010  5:24 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply

Quote:
keep in mind, toning can cover up imperfections, it can also seem worn under toning too.





Quote:
Is this a clear example that a slabbed coin will tend to tone and its grade be affected over time because of the air inside the slab?


No, most likely the coin is a mint set toner that was already toned when sent to be slabbed.


Quote:
Did this TPG company made a mistake by grading it MS66?


Grading is highly subjective and a variety of graders could have different grade opinions in regard to a single coin.


Quote:
Is the slab by these TPG companies can easily be counterfeited nowadays?


Yes, and there are and have been some fake PCGS and NGC slabs but with a little experience and an open eye they can be fairly easily spotted and most slabs can be automatically assumed to be genuine.





Also, remember that the images are digital and may not be an accurate representation as to how the coin looks in hand. NGC could have messed up by a few points but given that the graders at NGC saw the coin in hand I'd give them the benefit of the doubt.
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Namachieli's Avatar
United States
2120 Posts
 Posted 11/12/2010  5:38 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Almost looks like the toning was wiped off AME of america on the reverse.

Ugly coin IMO.
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upstate's Avatar
United States
3283 Posts
 Posted 11/12/2010  5:48 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I wouldn't give more than $2 for it.
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DVCollector's Avatar
United States
10045 Posts
 Posted 11/12/2010  6:14 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Ugly coin IMO.
I think this is the ugliest MS Roosie I've ever seen.
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 11/12/2010  7:36 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
beauty is in the eye of the beholder
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BadThad's Avatar
United States
19949 Posts
 Posted 11/12/2010  7:44 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Keep in mind, this coin probably looks a lot better in hand.
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carmykle's Avatar
United States
2448 Posts
 Posted 11/12/2010  9:06 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Boy it must! I can't belive it was graded that high with all that wear.
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southerngent's Avatar
United States
469 Posts
 Posted 11/12/2010  9:24 pm  Show Profile   Bookmark this reply Add southerngent to your friends list Get a Link to this Reply
I have some very much like it and when you hold the coin so that the light hits it where you can properly examine it, the things have amazing luster and full details. It is very hard to photograph though.
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lukkyseven's Avatar
United States
880 Posts
 Posted 11/12/2010  10:05 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
Wow I started a decent conversation! haha...

The reason I posted this was 1) It looks almost... rusted is what comes to mind 2) my dad has silver Roosies in a Whitman folder that is 25+ years old and they have toned like this. But they also look real cruddy to me. I kind of wanted to know if it's common or do I need to open my view of grading up a bit.

I really can't see purchasing this coin at all. I would pay melt for it because of the silver content, but above that... It would be a stretch. Even in the NGC case.
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lukkyseven's Avatar
United States
880 Posts
 Posted 11/12/2010  10:08 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
I would also like to say that this seller has other pretty hideous coins for sale in slabs. So I don't know. I feel like it wasn't a once in a life time grading error.

Lastly (shoulda kept this in one post sorry), I understand toning affects flaws, luster, grading differently. But how does the wear on that coin allow it to come even close to MS? That's my biggest question. My computer is having problems, but if I remember correctly, you couldn't even see one of the bands on the torch.
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Pandesalapi's Avatar
Philippines
386 Posts
 Posted 11/13/2010  03:05 am  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply

Quote:
No, most likely the coin is a mint set toner that was already toned when sent to be slabbed.

whew... now it's a relief. Now I should not be worried on my 1st slabbed Morgan that it might be almost the same as the abovementioned coin. Thanks for the enlightenment Wheatguy.

Quote:
Wow I started a decent conversation! haha...

That's the main reason why we are all enjoying the community, thanks to our senior members too
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Adam_E's Avatar
United States
4846 Posts
 Posted 11/13/2010  08:48 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
Morgan dollars were never in mint or proof sets
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