GTG - 1970-D Kennedy

This coin got a 67?!?

 

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PCGS? did that!?!

 

http://coins.ha.com/itm/kennedy-hal...2-3263.s?ic4=ListView-ShortDescription-071515

Yep.

 

It is a very pretty coin and finding these pretty is none too easy.

But MS-67 seems way too high. The services get pretty intent of "luster" and "eye appeal" and do "grade on the curve" so I have to figure in hand it might look a little better.

 

I have come to the conclusion that I cannot distinguish between PCGS MS66 and MS67 Kennedy's via photograph. Here is another one that surprised me:

http://coins.ha.com/itm/kennedy-hal...685.s?ic4=GalleryView-ShortDescription-071515

The color is nice, but there sure are a lot of hits on the obverse.

 

That is ridiculous.

 

One stand alone aspect of a grade is eye appeal. That is a definite plus for that coin. However, you have to start somewhere before you add the plus and that one does not make it for me.

 

Saying the coin is an MS67 is nothing short of an embarrassment for the TPG.

 

Which is why they invented the "coin loupe". Right?

 

NUTS!!

 

Because it is considered a "Who Cares" coin. Nevertheless, it is Over...I mean, IMHO the coin is OVERGRADED! Here is the dilemma that affects all of us. When TPG's consider a coin as a non-important "modern" (Even though this is one of the more expensive coins in the series), they are more liberal. At this point in time, it has a low value...(?) My guess w/o looking at pop or what they go for on Ebay under $100 (?) WHAT THEY DON'T CONSIDER is that over time, a coin like this could well reach $500!

Silver Eagles is a better example. A loon time ago, I've argued with TPG's (in a nice discussion) when they have over graded a 1986 - 94 coins because they were considered "worthless bullion" Their reply was always along the lines of "So what, it's a piece.....!" Now those coins are not worthless! Same thing going on with the Kennedy.

 

@19Lyds linked to the heritage auction up above with the coin and it's currently up to $1,100/$1292.50 w/buyer premium for the bid.

 

Thanks! Excellent info...those suckers are proving a well quoted saying: "Buy the coin, not the plastic." Most of us - using just the photo think 64, 64+, 65!

I STILL feel the TPGS are correct most of the time; yet one professional I know likes to tell his grading students that: "We can find under graded, over graded, and correctly graded coins in TPGS slabs."

 

stupid money

 

I'm surprised at the grade. In addition to what's been mentioned, there is also are a couple strong contact marks (looks like it was hit by the edge of another coin) on the reverse between Half and Dollar. There's also chatter on the high points on the obverse devices. I'd have said 64+, 65 max.

 

The troll says: It is all relative. I cannot see paying more than $49 for a watch (and that's a stretch).

The slab says it's a 67 . The bidders may be rich or want the coin for their registry set.

 

I agree--doesn't look anything like a 67 to me. The surfaces aren't that clean. I would have been in the 65 crowd, and that makes it a good grade for a rarer date in gem condition. But a 67??????????????? Nah.

 

From the closeup pictures, I would have graded it 64 with an outside chance at 65. From the full coin pictures, I'd grade it 65+ with an outside chance at 66 if the grader was high (and demonstrates why the entire coin must be seen, not just closeups of the focal points, as the OP originally indicated).

67 is just ridiculous.

 

Actually, the surfaces are remarkably clean. Spectacularly so. I'm guessing that, in hand, the luster is superb. These are why the coin got a 67.

I downgrade it to a 65+ or 66 based on the serious hit on the bottom of the shield, and the small marks on the cheek. The rest of the coin is great.

 

or they have more money than brains