1830 CBH PCGS 62-new buy

Discussion in 'US Coins Forum' started by spock1k, Apr 22, 2008.

  1. mark_h

    mark_h Somewhere over the rainbow

    I personally would not crack it out. While I agree the less than desirable coins do come out on Tuesday and Sunday auctions, there some very decent that will be reasonable. I have found the major auctions cause prices realized to usually(not always) jump.
     
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  3. huntsman53

    huntsman53 Supporter**


    Mark,

    I copied and pasted the pictures of the coin to my PC, enhanced and brightened them and blew them up and I can see nothing that would hold the coin back from an MS-64! In fact, if it were not for a few little nicks and light scratches here and there, I believe that it would go MS-65. I am fully aware of stacking/cabinet friction/rub on Liberty's face and bust area that you are talking about and which will keep a coin from getting a higher grade but if there is any on this coin, I cannot see it!

    I only use the "I wonder what the PCGS Graders were smoking when they pegged that coin with an MS-62 grade???!!!" statement out of frustration with how conservative PCGS has and is becoming with their grading! It seems that they constantly undergrade coins these days and have become even more conservative when giving out grades within the last year or so. We all know what overgrading can do to a TPG's trust and business, well constantly ungrading coins by one to two grades can do the same thing! You just can't always worry about overgrading a coin to protect a Company from claims of financial loss due to an overgrade and constantly screw your' customers (submitters) at the same time.


    Frank
     
  4. Catbert

    Catbert Evil Cat

    It's WAY TOO shiny for me :eek: :goofer:. Very nice, congrats. I've got to wonder how much that set you back!
     
  5. LSM

    LSM Collector

    Great looking coin Spock. Seems to me that it should have graded higher.

    Lou
     
  6. Leadfoot

    Leadfoot there is no spoon

    Or you could simply look on the bright side and consider PCGS's tightening as a buying opportunity on undergraded coins. :)

    It's all about perspective, brother....Mike
     
  7. Bonedigger

    Bonedigger New Member

    Who's that coin dealer/business directly associated with PGCS, Darwin Heck Coins?
     
  8. CappedBustDimes

    CappedBustDimes Senior Member

    I look at it as an opportunity to buy accurately graded, rather than undergraded coins.
     
  9. Mark Feld

    Mark Feld Rare coin dealer

    Frank, it appears that we are interpreting the images very differently - I don't know what to say beyond that.
     
  10. Phoenix21

    Phoenix21 Well-Known Member

    I think I see what Mark is talking about, on the breast, neck and cheek. But, I think it's a bit more deserving than a 62 IMHO. ;)

    Phoenix :cool:
     
  11. spock1k

    spock1k King of Hearts

    My dear frank i know i am your friend and for my financial health i am happy the coin is a not a 64 or a 65 :D
     
  12. huntsman53

    huntsman53 Supporter**


    spock,

    I am pleased for you that you were able to purchase the coin based on an MS-62 grade! Since you have already purchased the coin, my opinion that the coin was undergraded should in no way effect you financially unless you get the coin re-graded, it receives a higher grade and you decide to sell it for a profit. I was merely trying to make the point, that I believe that the coin deserved a higher grade when it was graded. In any case, grading is and will always be highly subjective and although I feel strongly about the grade of the coin, I concede that I may be wrong!


    Frank
     
  13. spock1k

    spock1k King of Hearts

    i was just saying dont encourage PCGS it will be bad for me in the future. it was a toungue in cheek comment not to be taken seriously :) (notice the big smiley at the end)
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    spock - what did I tell you when you asked me what I thought about the coin ?
     
  15. spock1k

    spock1k King of Hearts

    u saidd it wasnt unc but as i told you i am withholding my judgement till i get it in hand and see if there are any luster breaks or not if there are none i would call the coin PQ for the grade
     
  16. spock1k

    spock1k King of Hearts

    P.S. my comment about encouraging PCGS stands either way if you know what i mean its like an anagram it works both ways :D I wonder if any coins were ever made with anagrams?
     
  17. Hobo

    Hobo Squirrel Hater

    Are you thinking of a palindrome (a word that is spelled the same from either end - e.g., radar)?

    An anagram is the rearranging of the letters of a word, phrase or sentence to create a new word, phrase or sentence. For example -

    "I collect coins." can be rearranged as "Coolest clinic."

    "Indian Head Cents" can be written as "Handiest and nice."

    "Buffalo Nickel" can be rearranged as "Fanciful bloke."

    "Mint State Seventy" turns into "A Testy Investment."

    "Unsearched Shotgun Roll" = "Honorless and cruel thug." :D

    I love anagrams!
     
  18. spock1k

    spock1k King of Hearts

    sorry meant ambigram :D i love anagrams too :D
     
  19. Mark Feld

    Mark Feld Rare coin dealer

    Frank, it is a mistake for anyone, myself included, to "feel strongly about" the grade of a coin based merely upon an image. There are way too many things that can show up in-hand that don't in an image, even if the image is a good one. Among other considerations, an image doesn't allow us the all important ability to properly tilt and rotate a coin under good light.
     
  20. huntsman53

    huntsman53 Supporter**


    Mark,

    I agree wholeheartedly!


    Frank
     
  21. Phoenix21

    Phoenix21 Well-Known Member

    LOL, niiice! :thumb: What can you do with Lincoln Cent? :D

    Phoenix :cool:
     
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