explain this grade please?

Discussion in 'Coin Chat' started by lackluster, Jul 25, 2010.

  1. mac266

    mac266 Well-Known Member

    Perhaps I'm the least qualified to make this statement, but despite all the discussion back-and-forth on this thread I tend to believe those lines are scratches on the slab. That would explain the coin's high grade and the star.
     
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  3. u4ia

    u4ia Member

    According to CAC's website, they only look at the numerical grade when evaluating a coin. Designations like * or + are not considered.

    Maybe I'm wrong, but if I am paying for someone to verify my coin, I think it should be the overall coin (grade).
     
  4. bigjpst

    bigjpst Well-Known Member

    I thought that was also a possibility, but they really look as if they are on the surface of the coin.
     
  5. WashQuartJesse

    WashQuartJesse Member Supporter

    If you read the listing descriptions and view the listing photos there shouldn't be any question as to what the "lines" are on.

    This is no star coin.... CAC was on crack
     
  6. u4ia

    u4ia Member

    I agree that it isn't * worthy, but CAC specifically states they are going by the numeric grade only, no extra designations. That means that they feel this coin is a solid MS66, no more, no less.
     
  7. WashQuartJesse

    WashQuartJesse Member Supporter

    lol... IMO that coin is a dog for the grade.... nevermid "solid"
     
  8. Lehigh96

    Lehigh96 Toning Enthusiast

    I think everyone needs to take a step back in this thread. It is impossible to determine if the coin is overgraded from the photos in this thread, but the star designation is most certainly deserved. NGC will issue a star designation for a coin that displays prooflike qualities on only one side of the coin. Does anyone doubt that the obverse of this Washington is prooflike? For more information about this aspect of the star designation, please read the following thread.

    The "Other" NGC Star Designation

    Furthermore, I encountered a situation a few years ago when I purchased a 1942 Jefferson Nickel NGC PF66 CAMEO w/ CAC sticker. This coin is only worth a few bucks without the Cameo Designation but a few thousand with the cameo designation. I e-mailed the CAC and they informed me that the sticker covered designations as well as the numerical grade. However, I understand the CAC's decision not to touch the star or plus designations.
     
  9. WashQuartJesse

    WashQuartJesse Member Supporter

  10. Leadfoot

    Leadfoot there is no spoon

    I would take NGC and CAC over any of you grading/assessing the coin from photos.

    It is also worth noting that CAC does not assess the * on the coin.
     
  11. Lehigh96

    Lehigh96 Toning Enthusiast

    You can say that again!
     
  12. BadThad

    BadThad Calibrated for Lincolns

    Indeed. Folks are reading far too deep into some crappy pictures. There's a HUGE difference between looking at pics over the internet and holding a coin in hand.
     
  13. Leadfoot

    Leadfoot there is no spoon

    OK...

    I would take NGC and CAC over any of you grading/assessing the coin from photos.

    It is also worth noting that CAC does not assess the * on the coin.


    As an aside, I would include myself in the "any of you" in the above quote.
     
  14. bigjpst

    bigjpst Well-Known Member

    What ever happened to buy the coin not the holder.:rolleyes:.Personally I think the coin is unattractive ..and no way would I pay $195
     
  15. Lehigh96

    Lehigh96 Toning Enthusiast

    Mike,

    I also include myself in that category. I really think many of the members of the numismatic community should strive to understand why the TPG's assigned the grade they did rather than trying to prove why the TPG is wrong. I have seen very few coins that the TPG's absolutely blew it. I have seen many in between coins that were not in the grade I would have selected but understand why the TPG would grade it that way.

    PS. Doug, you are exempt since you know why the TPG's assign grades but you choose to use a different standard of grading.
     
  16. Leadfoot

    Leadfoot there is no spoon

    It is always easier to pick out the shortcomings of others than it is to impartially examine and improve our own behavior. Such is human nature, I suppose, and I think we are all guilty of it to some extent.
     
  17. bigjpst

    bigjpst Well-Known Member

    I thought that was what pretty much all the posts were about....whether or not the coin could/should get a * with all the die polish lines and whether or not CAC puts a sticker on a coin based on grade/designation or both.. ..and people on the forum constantly submit pictures that people offer grade opinions on...why should this one be any different..
     
  18. bigjpst

    bigjpst Well-Known Member

    :foot-mouth: Ok so I read a few of the previous posts bashing the coin, but like Doug said NGC didn't give it the PL designation so the next question is ....Did it get the star because it wasn't quite semi prooflike or almost prooflike but still kinda prooflike.?
     
  19. Lehigh96

    Lehigh96 Toning Enthusiast

    That is a cool smilie. Haven't seen that one before.

    The coin got a star because the obverse is prooflike but the reverse is not. BTW, I don't think either Mike or I was trying to single out a particular poster. It is just the overall feeling that the thread took on.
     
  20. bigjpst

    bigjpst Well-Known Member

    I can see your point it was kinda steering itself into a full blown NGC CAC witch hunt....Get my torch and pitchfork:devil:
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    What you are saying makes good sense for a lot of people. But when you know how to grade yourself the best idea is to look at every single coin there is, slabbed by anybody, with a questioning eye. Now you have to agree to that Paul, and so do you Mike, or you both have to throw out the mantra that both of you have agreed to many, many times over the years. That being - buy the coin not the holder.

    Now would either one of you like to disagree with - buy the coin not the holder ? Didn't think so.


    Well I shouldn't be exempt, because in this case even if you use NGC standards that coin is not worthy of a 66. Even if CAC agrees with it too.

    That coin is covered with hairlines. And no, I do not say that because of what I have already explained about die polishing lines. I also say it because die polish lines do not criss cross each other either. Neither do flow lines, which are the only other acceptable reason for those lines to be there. But flow lines do not show up on the devices like that either. And while I do believe that coin has some visible flow lines, the majority of those lines are in my opinion hairlines caused by mishandling. Thus the coin is not worthy of a 66 even by NGC standards.

    So no, I will not just blindly accept the grade on the slab and the CAC sticker. Those lines are there, they are not imaginary. To use your words Paul, this one of those coins where the TPG blew it.

    Now if you want see a couple they got right - here.

    http://coins.ha.com/common/view_item.php?Sale_No=69014&Lot_No=64244#Photo

    http://coins.ha.com/common/view_item.php?Sale_No=29083&Lot_No=24246#Photo

    Same dat/mint, and both are a 100 times nicer than the coin in this thread.
     
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