Just went into a pawn shop that had a 1875-S trade dollar slabbed by ANACS as genuine. The coin has 3 chop marks on the obverse. He wants $125. Thoughts? Sorry no picture.
I wouldn't purchase it if it's in a "genuine" holder. If I recall, the TPGs will note chop marks as such. If the holder is just "genuine" (especially from a net-grader, such as ANACS), there are multiple things wrong with the coin, potentially including the chop marks being added fraudulently.
One of these days I will buy one of the Trade Dollars with 1 or 2 chopmarks just because of the history. But, I have always wondered how come I see MS graded coins with chop marks. How can you put chop marks on a coin without it being handled, and therefore impossible to be mint state?
Mint state just defines the condition of the coin. If the details are there and the luster is present the coin will grade according. If I put a BU ms65 coin in a roll and you opened the roll, it's still a 65. "Uncirculated circulated" coin?
i was wondering why it didn't have a grade. When I looked on eBay most of the chopped coins had a numerical grade with it. Anyone else know if this is truly a problem coin? It really was a beautiful coin that's the only reason I'm still thinking about it. Light rainbow toning at the top. Wish I would have taken a picture.
