SAw this on ebay. This is in a new NGC holder. How does this get a VG8? http://cgi.ebay.com/1834-CAPPED-BUS...54?pt=Coins_US_Individual&hash=item5641f79e76 Lack
I have no concerns with it, Only some letters of Liberty must be clear and it looks to me like all except for the E are clear. Also it has a clear date and legends/devices.....The reverse is probably not the best in a VG holder but satisfies the requirements.
The obverse has VG8 locked up pretty good and has a shot at VG10. The reverse is G04 at best. G06 would have been a better grade but the obverse carried the coin. I imagine the reverse was weak off the dies or there wouldn't be such a dramatic difference.
I'd like the coin more in a 6 holder, but 8 isn't too far off to my eye. What really has me confused is why someone would send this coin in to be graded. It's what, a $20 coin raw? Maybe NGC felt bad for the submitter. lol