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09-02-2009, 04:31 PM
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#1 (permalink)
| | exsisto magister
Join Date: Jan 2009 Location: Indianapolis, IN
Posts: 1,592
My Mood:  | I think PCGS missed something on this one...
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09-02-2009, 04:34 PM
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#2 (permalink)
| | Beachhunter
Join Date: Jul 2009 Location: Mount Dora, Florida
Posts: 315
My Mood: |
It looks pretty good I think it could have graded better.
Bob
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09-02-2009, 04:47 PM
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#3 (permalink)
| | Researching Coins
Join Date: Mar 2004
Posts: 11,788
My Mood:  |
better?....I could be wrong, as I have been once or twice  , but I wouldn't grade that coin any better than F12 and that is on a good day.
Speedy
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Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over | |
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09-02-2009, 04:57 PM
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#4 (permalink)
| | Urinist
Join Date: Mar 2008 Location: Arkansas
Posts: 6,599
My Mood:  |
The question I have is how did that get into a graded PCGS holder? 
The hits on the reverse are massive and far exceed what PCGS will normally bodybag a coin for, so how did this end up in that slab? Is it the original coin in the holder or did someone swap it out? Or is the holder fake and the coin is real?
Whatever the case may be, I cannot believe that PCGS put that coin in that holder and graded it as such. 
Ribbit  | |
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09-02-2009, 04:59 PM
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#5 (permalink)
| | Coin Collector
Join Date: Mar 2007 Location: Pats country!
Posts: 1,898
My Mood:  |
Who took the bite out of the top of the letters in the word "ONE" on the reverse. No grade...Damaged!
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09-02-2009, 04:59 PM
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#6 (permalink)
| | Coin Collector
Join Date: Mar 2007 Location: Pats country!
Posts: 1,898
My Mood: |
Either you type way faster than me or started typing earlier tha me!
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09-02-2009, 05:01 PM
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#7 (permalink)
| | Coin Collector
Join Date: Mar 2007 Location: Pats country!
Posts: 1,898
My Mood: |
Send it in for a reevaluation. they definately owe something on that one!
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09-02-2009, 05:04 PM
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#8 (permalink)
| | exsisto magister
Join Date: Jan 2009 Location: Indianapolis, IN
Posts: 1,592
My Mood: |
It is definitely a genuine PCGS holder and coin with no signs of tampering.
My reaction was very similar to everyone's here when I first saw this coin. Lets just say that I bought it as more of a curiosity and at a pretty big discount.
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09-02-2009, 05:07 PM
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#9 (permalink)
| | Twilight Photographer
Join Date: Jun 2009 Location: Sunnyvale, CA
Posts: 1,399
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Seems like damage on the reverse of that coin.
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09-02-2009, 05:44 PM
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#10 (permalink)
| | Coin Collector
Join Date: Mar 2007 Location: Pats country!
Posts: 1,898
My Mood: |
Doesn't PCGS guarantee the difference in value from the actual grade to the misgrade?
Richard
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09-02-2009, 05:55 PM
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#11 (permalink)
| | Twilight Photographer
Join Date: Jun 2009 Location: Sunnyvale, CA
Posts: 1,399
| Quote:
Originally Posted by ziggy9  Doesn't PCGS guarantee the difference in value from the actual grade to the misgrade?
Richard | Yes if they deem the coin to be miss graded and not a data entry error.
In this case if the messed up letters on the reverse are considered post mint damage it would be the difference between a Genuine grade and the grade on the current holder.
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09-02-2009, 06:15 PM
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#12 (permalink)
| | What Goes Around Comes A
Join Date: Apr 2008 Location: Chicago
Posts: 5,562
My Mood:  |
Just curious , I wonder how old that holder is , and it definately should be resubmitted , unless you like it as a conversation piece .
rzage
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09-02-2009, 06:33 PM
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#13 (permalink)
| | Numismatist
Join Date: Feb 2007 Location: Oklahoma
Posts: 6,861
My Mood:  | Quote:
Originally Posted by LostDutchman I'd say they dropped the ball on this one. | How do you know it was a ball that was dropped on this one. It looks more like a sharp edge to me. I would be interested in just what their definition of "damage" is versus what they (thought they) saw on this coin.
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09-02-2009, 07:00 PM
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#14 (permalink)
| | huldufolk
Join Date: May 2008 Location: Michigan
Posts: 4,461
My Mood:  |
You know more than I do about this type of thing I'm sure, but shouldn't the dash between the 1 and the S be longer?
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09-02-2009, 07:08 PM
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#15 (permalink)
| | Rare coin dealer
Join Date: Dec 2007 Location: San Diego
Posts: 1,744
| Quote:
Originally Posted by HandsomeToad The question I have is how did that get into a graded PCGS holder?
The hits on the reverse are massive and far exceed what PCGS will normally bodybag a coin for, so how did this end up in that slab? Is it the original coin in the holder or did someone swap it out? Or is the holder fake and the coin is real?
Whatever the case may be, I cannot believe that PCGS put that coin in that holder and graded it as such.
Ribbit | Are you certain that those are man-made hits on the reverse? I'd sure like to see it in hand before condemning it as such.
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