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1902 IHC - You Vs. NGC

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2602 Posts
 Posted 06/09/2011  1:56 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
I understand what you are saying, eddiespin, but we have grading companies that should be grading the coin for what it is not for what it might fetch in the market place or for it's potential rarity in a given grade. It should be graded as it is, on it's on merit, in an unbiased way.

This coin is not MS65 in my opinion. That scratch across the date downgrades it and I think if someone were stupid enough to try to cross it to PCGS, PCGS would return it still in NGC holder and wouldn't cross it to a 65 PCGS holder. The only way they'd cross it would be if the person sending it in was willing to accept a much lower grade. PCGS would probably give this a 63 rating, which would be very disappointing.

If I were you, I'd sell that one in it's holder and buy a super nice MS64 piece that is graded properly.

Buy the coin not the holder.
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United States
1547 Posts
 Posted 06/10/2011  09:36 am  Show Profile   Bookmark this reply Add eddiespin to your friends list Get a Link to this Reply
Mycrob, it was properly graded on its technical merits. Both that scratch and rim would have a negative impact on the market grade, however (which, as I understand it, is what you're saying). NGC just refused to go there for the technical strength of the coin. I'll agree, PCGS would likely market grade it down below that technical grade for those market factors.
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