Here is an NGC graded coin, graded only "VG" with no numeric portion to the grade. Presumably VG8 of VG10... Is this coin straight graded or details? If details, why does it not have a detail label? If this is not a details coin, why does it not lookup on NGC cert page as straight graded? (but does show up if you specify a 'details' coin with no grade? And lastly, has anyone ever seen a label like this before? View attachment 1670969
Weird. Seems like some sort of Bulk/Private label submission that specified not putting “Details” on the label.
I think the obverse is better than VG, more like F12-15 …but the reverse is way better, maybe VF35. Look at the lines on the Eagle shield!…and I see nothing on either side to intimate a “details” issue. Yes, it has been previously cleaned but it seems every circulated coin from the 19th century has suffered the same. I get the gut feeling that someone at Great Collections was in a rush to clear a backlog of inventory and cut some corners to kick it off the work bench.
This is my guess too. The "19th Century Dollars" text at the bottom suggests it is a bulk dealer special label. If that was not there, I would have figured mechanical error where they missed the "details" but here I think it was intended to be as-is.
Posted on another forum: "For some bulk submissions, NGC will allow the submitter to request that only the adjectival grade be printed on the NGC certification label. This is generally done only for large submissions of relatively common coins. The coins must still meet NGC’s requirements for the numeric grade range for that adjectival grade. For example, a coin that would grade AU 58 cannot receive an adjectival grade of UNCIRCULATED." It's unclear whether there is any way to determine whether the coin did or didn't get a details grade. I noticed that the cert didn't pop up when Other is selected for the grade either, and same with another example found here https://coins.ha.com/itm/gold-dolla...-2670-cdn-285-whsle-bid-for/a/132338-25843.s#. It seems "19th Century Dollars" was just a hoard name the submitter gave them. You can take the cert prefixes 6594813-, 6037716- and 6035917-, and try other -000 numbers to see other coins in the hoard. I'm guessing romping through them in bulk, NGC quickly gives a generic grade and doesn't bother with determining any specific "details" designation. Then they lump them all into the Details category maybe to avoid any guarantee issues, but who knows?
Spot on by @Spark1951. The minute I could make out a complete Liberty I felt the coin was undergraded. Weird thing is that you often see this type of strong reverse (As mentioned more like 30 or 35 details) on with motto coins because of a die hub condition or something. Then I saw it was dated 1842. James
All good info, I appreciate the responses. This sort of label and special accommodation for bulk submitters seems to only cause confusion. I am still not 100% clear on NGC's actual details/ not details, but at least now I know the background info.
It most likely comes down to the fact that the coin does not have a number grade - there is no 8 or 10 assigned to it. Details grades also do not have numbers - you'll see "VG Details" but never "VG-08 Details." If a coin is put into the system without numbers, it defaults to this "details" code. If the coin were actually a details coin, it would say it on the label (usually these bulk submissions request that any details coins just don't get slabbed).
@Spark1951 is right. The sharpness of this coin is better than VG. The “LIBERTY” can be weak in the middle and make VF because the die is higher in that area on Seated Dollars than other Liberty Seated coins. Yea, the coin should be a details grade, but “VG” would be a proper net grade for pricing. Still this does not do good things for the NGC brand IMO.
Yes, I have coins with similar labels, and I'm saddened by your injustice. I'll buy your coin for the purchase funds paid and shipping costs for delivery to me. Thanks isn't necessary, just a PM with address/funds-due!
