GTG 1953 Washington

Discussion in 'US Coins Forum' started by Hommer, Apr 9, 2022.

  1. Hommer

    Hommer Curator of Semi Precious Coinage

    One burns gas the other dispenses it.
     
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  3. Casman

    Casman Well-Known Member

    Welp, I know it wasn’t a business strike as discussed back and forth in the thread and yes, it is my series. As far as thé “believe” thing….you asked for educated or otherwise….I suppose yes there was also a duping going on with a GTG later proclaiming 69 with an ACG label as that’s just silly.

    ACG grading standards are not the same as the ones we coin collectors / dealers use.
     
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  4. Hommer

    Hommer Curator of Semi Precious Coinage

    So you were upset that Pickin beat you, I'm so sorry, check your mailbox for a participation trophy.
     
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  5. Jim Dale

    Jim Dale Well-Known Member

    I guess I'm new at this game. Who is ACG? How long have they been grading? I liked your coin. I have several similar to yours, but I would not send it in to get it graded to anyone that I don't know. I did buy a Franklin Half that had been graded by SEGS and another one by ANACS. Thats as far down the totem that I can go.
    Anyway, I did like your coin.
     
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  6. Casman

    Casman Well-Known Member

    Go ahead Homey, People want to be educated about ACG, what their grading standards are, how their grading standards are dissimilar from all other known tpg’s. I’m splitting before Hommer says anything to further hurt my feelings.
     
  7. Hommer

    Hommer Curator of Semi Precious Coinage

    Jim,
    ACG is short for Accugrade. They were the first commercial grading company to slab coins and were the company who invented the rigid sealed acrylic holder that the other grading companies copied. There are many threads here on cointalk and throughout the internet about the company but most all are comparing the now defunct company that was created before internet to more advanced subjective grading services of today. Were their grades accurate? By who's standards? They had their own standards the same as ANACs had their own and PCGS who came along a couple of years after them.
     
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  8. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Judging any proof coin thru photos is absolutely ridiculous sometimes.
    Unless the lighting is right the mirrored surfaces can and will show lighting artifacts thru the plastic. Proof coins have to be shot out of the slab to tell what the metal flow looks like. For a 67 and above these should only show the slightest of radiant lines and you have to be looking for them.
    Here is a photo of a PCGS PF67.
    https://coins.ha.com/itm/washington...-25338.s?ic4=ListView-ShortDescription-071515

    I would say that depending on bag marks or strike this isn't as far off as most would think.
    By the way @Hommer looks better that the PCGS graded one
     
    Last edited: Apr 11, 2022
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  9. Revello

    Revello Well-Known Member

    ACG certainly made its share of grading errors. See below. :jawdrop:

    1857 Indian Cent Accugrade ACG.jpg
     
  10. spirityoda

    spirityoda Coin Junky

    I am not putting your coin down, but... ACG is known for grading way higher than the grade that it actually is. Not trying to make you mad either. That company has a bad reputation. Ask anyone that knows about them.
     
  11. ldhair

    ldhair Clean Supporter

    Do you have a better image of the coin? It looks MS.
     
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  12. Hommer

    Hommer Curator of Semi Precious Coinage

    I don't see luster but more importantly I also don't see any wear on that coin. Looks MS to me, better photos could show how high of MS.
     
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  13. Revello

    Revello Well-Known Member

    Heh heh ... look at the label and the type of coin they called it. 1857 Indian Head cent? No such animal.
     
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  14. charley

    charley Well-Known Member


    It is on the opposite side. So......

    Don't hit me. I wear glasses sometimes.
     
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  15. chascat

    chascat Well-Known Member

    They say some Indian spirts were shape shifters back in those days.
     
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  16. charley

    charley Well-Known Member


    Yes, and I read that the ability comes and goes in spurts.

    My mind is easily distracted. I am old.
     
  17. Casman

    Casman Well-Known Member

    Commenting only on this: “They had their own standards the same as ANACS”…I’d disagree with this and one only needs to do some research to find more than you’d ever want to read. All the numismatic organizations were involved, hundreds of lawyers, and even a familiar self-slabber joined in an epic Jerry Springer style show. If you want to learn about their standards somewhere within this bizarre battle is the actual testimony regarding their standards.
     
  18. charley

    charley Well-Known Member


    That is not quite my memory of events, at all. I completely recall Diane's answer @ the ANA Hearing.

    Here we are, 21 years later, and the same issue is still in play. There is no Standard that is not an Opinion, in a TPG or 4PG Grading issue.

    There is no grading Standard (or Standard"s") that are fact. Acceptance of any grading Opinion is the choice of the collector/hobbyist.

    Mine is better than yours is still the game, and to suggest otherwise, is self-deception.

    Additionally, I recall Gov. Stuppler and the shot heard around the collecting world, and the "decision" to settle" by the insurance companies. 2003, 2004, and 2005 was a numismatic As The World Turns TV Show, that continues all these years later.

    The one thing not settled is we still do not have any Standard that is anything other than an Opinion, and that is market driven.

    Opining as if the wild west days of collecting are over, because of the demise of ACG,ASA, etc., is Ostrich action.

    It was not so much an epic event as it was a disappointing event. There was some wise counsel offered by Bill Voss, though. The sadness is, it was not universally practiced.


    That is all I have to say about that. I am old and need a nap, now.
     
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  19. Cheech9712

    Cheech9712 Every thing is a guess

  20. Cheech9712

    Cheech9712 Every thing is a guess

    Lol. I want one too cuz I participated. Maybe cuz your coin is better then anyone in his series. Who knows. You have a very nice coin there.
     
  21. Cheech9712

    Cheech9712 Every thing is a guess

     
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