Technically, it isn't a body bag, as in a problem coin. It's just below the minimum grade set by the submitter. Chris
OK, Chris if you want to be PEDANTIC about it, you are right. However, it's a coin, in a bag, from a TPG - I'm with the OP: IONSHO it's a body bag.
This might be a really stupid question, and I'm half asleep, so I've decided to give up on trying to figure it out.. What does IONSHO mean???