Someone has got to explain this one to me... PCGS

Discussion in 'Coin Chat' started by geekpryde, Jan 14, 2024.

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Who Is the Crazy Person here?

  1. geekpryde

    1 vote(s)
    7.1%
  2. PCGS

    9 vote(s)
    64.3%
  3. Coin Doctor

    1 vote(s)
    7.1%
  4. Submitter

    1 vote(s)
    7.1%
  5. Someone else

    2 vote(s)
    14.3%
  1. GDJMSP

    GDJMSP Numismatist Moderator

    It's absolutely damaged and should never have been given a clean grade - let alone a 66 !

    And its not just the rev, the obv is damaged too.
     
    Kentucky, Tater, Dan Galbato and 2 others like this.
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  3. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    LOL, I just noticed that it is in a gold shield holder. I wonder what kind of reception it would receive over on CU?
     
  4. ifthevamzarockin

    ifthevamzarockin Well-Known Member

    I posted it as a guess the grade over there and 4 people got it right. :D:D:D
     
  5. gronnh20

    gronnh20 Well-Known Member

    Kentucky likes this.
  6. lardan

    lardan Supporter! Supporter

    But even if the damage occurred at the mint it shoud lessen the grade or be ungradeable as a clean grade.
     
  7. Heavymetal

    Heavymetal Well-Known Member

    Nobody’s perfect
     
    charley likes this.
  8. charley

    charley Well-Known Member

    Excuuuuuse me.....
     
    ToughCOINS and Heavymetal like this.
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

  10. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Either way Mechanical, and lets face it damage should never get into a clean graded slab. What a pitiful reason to strait grade a coin.
     
    Dan Galbato likes this.
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Correct, damage is damage and it doesn't matter how, where, when, or why it occurred. The only thing that does matter is that it is there ! And it is undeniably there !
     
  12. geekpryde

    geekpryde Husband and Father Moderator

    Here is another one I found today.

    https://www.pcgs.com/cert/47223588

    [​IMG]


    Something about PCGS and the new slabs with grades of MS66.

    Obviously, this coin has a completely different problem. Some may even say there is nothing wrong with this one, except maybe it's an ugly duckling.

    But this looks like more than just ugly toning to me. Like rust mixed with sand blasting, LOL. What do you all think this is and is a problem?

    Even I were to to give the Obv a pass at 66 (looks at the gash on the back of the head), I just don't understand how we can get the reverse there.

    BTW, I am not pointing this out to trash on PCGS, I have actually been preferring them lately over NGC. Its that I am both amazed and confused when I see something like this, and I want to understand it.
     
    Dan Galbato likes this.
  13. micbraun

    micbraun coindiccted

    Grader: hmmm… pretty nice obverse, MS65 on a good day… not sure what’s wrong with the reverse… third side… will be hidden by the prongs anyways… overall? solid MS66… next coin please…

    ;-)
     
    Dan Galbato likes this.
  14. GDJMSP

    GDJMSP Numismatist Moderator

    Pick a number - any number :rolleyes:


    (1) Terrible trash coin. Over-graded and significant problems galore.
    Drop off your coins at Good Will, you’re too dumb to collect. Don’t email me again.

    (2) Very Bad coin, several problems, but with single small redeeming feature.
    50 lashes and come back in a month.

    (3) Bad coin, obvious over graded and with a small problem or two. Shame!

    (4) Okay coin with a few minor problems, but over-graded and plenty of other
    better examples to choose from.

    (5) Okay coin with single minor problem, slightly over-graded.
    Probably look for better example.

    (6) Nice coin with minor problems, about graded correctly.
    Nothing special but no punishment if you to buy.

    (7) Nice coins with single minor issue, about graded correctly and with a slightly
    above average eye appeal. Approved but without enthusiasm.

    (8) Great coin, about graded correctly, above average eye appeal.
    Approved with slight enthusiasm. “nice find” merit badge earned.

    (9) Great coin, solid for grade, stellar eye appeal. Approved with enthusiasm
    and encouragement to buy it. “wicked-good coin” merit badge earned.

    (10) Sell your house, sell your car, sell your wife: buy this coin immediately, worth a premium price.
    Superb eye appeal, under-graded, no similar examples available for 10+ years.
    “Once-in-a-lifetime coin” merit badge earned.

    :)
     
    Kentucky and geekpryde like this.
  15. geekpryde

    geekpryde Husband and Father Moderator


    I remember that!

    Hmmm, I would have to go with #1 or #2 on this coin. I would say the coin deserves higher than that, but the Reverse is so bad :yack: it just destroys the coin.
     
    Last edited: Jan 20, 2024
  16. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Yup @Pickin and Grinin . . . I'm convinced, thanks.
     
  17. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I am still wondering how it grades above a low 61 at best. I also wonder how many of these they have graded.
     
    Dan Galbato likes this.
  18. Dan Galbato

    Dan Galbato Well-Known Member

    maybe it was graded the day after the office Xmas party?
     
    SensibleSal66 likes this.
  19. messydesk

    messydesk Well-Known Member

    The obverse rim just to the left of the 2 not being struck up seems to indicate tapered planchet. Pity the tapering looks like damage on the reverse, though. If you were to weigh it, it would probably be light. I'm trying to look at the interior ends of the scrape marks to see how they're struck out in comparison to how they'd look if the coin were filed. The tapering isn't pretty, but it looks like it was there before the coin was struck.
     
  20. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    One thing to remember is that PCGS had the coin, unecapsulated, in hand. Not a couple of photos.

    If they had been concerned, there are tests they could have done, such as weight and microscopic examination.

    If they were still unsure, they would have sent it to one of their experts such as @Fred Weinberg or Jon Sullivan.
     
  21. eddiespin

    eddiespin Fast Eddie

    But but supposing it happened in the Mint parking lot just before it left the Mint. It isn't inconceivable there could have been a hole in the bag and it dropped out, then they noticed it and picked it up and put it back. I mean it's possible. You can't prove it didn't happen. That'd make it a Mint error because it wasn't supposed to fall out of the bag and it did. It can't be post-Mint because it never left the Mint. That has to be the rationale of these PCGS graders. They're professionals, they probably seen this, too, probably many times, probably hundreds of times, probably thousands or even tens of thousands of times, how do we know? But I know I trust them. I'd think this is just post-Mint damage, but they'd know, they're smart, that's why we pay them, ain't it?
     
    gronnh20 and Dan Galbato like this.
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