1885 Seated Quarter Proof

Discussion in 'US Coins Forum' started by BigTee44, Feb 13, 2015.

  1. ksparrow

    ksparrow Coin Hoarder Supporter

    I think if it had graded as something the dealer wouldn't owe the fees. Since it didn't grade as anything, I think the honorable thing to do is refund the fees as well. After all, this person is selling "Numismatic Investments." What kind of an "Investment" is a problem coin?
    OK, so it's just a name.. ie: "Bob's like-new pristine Investment used cars."
     
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  3. C-B-D

    C-B-D Well-Known Member

    Yeah. Gotta be careful with that "investment" word. Then again, who's to say it won't eventually grade if you kept submitting it? I've seen plenty of coins on CT that were eventually holdered as problem free, whereas they once were in problem coin holders... mine included.
     
    Last edited: Mar 18, 2015
  4. ksparrow

    ksparrow Coin Hoarder Supporter

    That's true. Coloration is highly subjective.
     
  5. Kirkuleez

    Kirkuleez 80 proof

    Well that's different, didn't realize you had the coin in hand before you bought it. Hope you can come to a satisfactory resolution with the dealer. I would mention that you would have been happy with just a straight grade of 64 just to smooth things over a bit.

    I would say that if he bars you from his shop for returning something, after he agreed to the terms of the sale, that he wouldn't be a dealer worth going too anyway.
     
    USS656 and Paul M. like this.
  6. BigTee44

    BigTee44 Well-Known Member

    Yea I'm not asking for grading fees back. I'll eat that $40 easily
     
  7. BigTee44

    BigTee44 Well-Known Member

    Maybe the sniffer at PCGS would have graded it clean.
     
  8. Tom B

    Tom B TomB Everywhere Else

    A refund or a buyback? These are two very different animals.
     
  9. BigTee44

    BigTee44 Well-Known Member

    Refund
     
  10. Tom B

    Tom B TomB Everywhere Else

    That's good.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Not that it matters, but NGC has the same sniffer. The reason it doesn't matter is that artificial toning is not judged nor determined by the sniffer at either company. Whether a coin is AT or not is determined by the graders at both companies.

    What's more, the sniffer is not even used on most coins. The only time it is used is when you submit coins under that specific grading tier and pay extra for the sniffer to be used.
     
  12. BigTee44

    BigTee44 Well-Known Member

    Here's the NGC pics


    image.jpg image.jpg
     
  13. Conder101

    Conder101 Numismatist

    That's a hologram I have't seen before.

    I didn't see anywhere in the tread that the seller was selling "Numismatic Investments", the coin was originally graded as PF-65 by "Numismatic Investments of New England". That was a firm formed in 1982 which went out of business in the late 80's or early 90's.
     
    Last edited: Mar 19, 2015
  14. Tom B

    Tom B TomB Everywhere Else

    Wow, so this wasn't a failed crossover attempt due to AT, but rather had the coin placed into an AT holder and the dealer is still willing to give a refund?
     
  15. BigTee44

    BigTee44 Well-Known Member

    I kept the PF65 label that it came with when I bought it so if he wants to crack it back out and resell it as a 65 that's up to him.
     
  16. Tom B

    Tom B TomB Everywhere Else

    No one is going to buy the coin as a PF65 with that old label loosely associated with the coin. At this point the coin is raw or is in an AT holder unless submitted again until it grades cleanly.
     
  17. BigTee44

    BigTee44 Well-Known Member

    The coin when I bought it was just in a 2x2 flip with the paper cert on the other side. So I don't know how it'd be different.
     
  18. Tom B

    Tom B TomB Everywhere Else

    Okay, I had not realized that. I thought it was in a cointain that was sealed inside the flip from the previous grading company. Apparently, this was not so.
     
  19. BigTee44

    BigTee44 Well-Known Member

  20. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Please DO NOT post poor quality images and expect individuals to be able to even suggest a grade for a coin. I did not comment, as there is no intelligent way to even estimate the condition of the coin from those photographs. The flash and lighting obliterates any possibility of seeing the surfaces. Please experiment with photographs of coins before you post ones that are basically useless.
     
  21. C-B-D

    C-B-D Well-Known Member

    I wonder if the artificial toning was dipped out if it would grade straight? It's too mottled and there are no color progressions really, so I can see how it was called a problem coin. Still lovely.
     
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