The heart breaking moment

Just one more grade!!

 

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Still a very nice coin.

the difference between a PR-69 and a PR-70 is pretty easy to see. Usually it is just a tiny portion of a device that is lacking frost. Other times,it could just be a small dark patch, which seems to be the case here.

 

Did you honestly think it was going to get a 70?

 

my microscope and slab do it no justice it is very nice to the eye

 

TPG's may give a proof coin a grade of PR69 when the coin is deserving of a PR70 simply because it was removed from a sealed set.

 

Can a set even be sent in intact?

 

You bet! You must have the entire set graded, though.

 

AND.......

MOST Importantly.........


Doing so DOES NOT mean that the coins will get a PR70.

 

PR/MS70 is overrated anyway as the majority of collectors can not distinguish the difference between 69 and 70 with the coin in hand, and it would be far more difficult to make that judgement from photos.

 

That's why I like graded coins. I'm not so good that I can tell a 69 from a 70.

 

I would guess between a 69 and a perfect coin there should be an explanation as to why.

 

Has anyone here tried I.C.G.? I have not but read a good article on them

 

Not many can tell the difference. I know I can't.

 

Yes, they do a good job on Lincolns. I like them!

 

There are not many 70s. And yes the vast majority are sent in flips. If anything that supports my point. I believe there is a better chance of getting a 70 by sending the coin in original packaging (so long as it remains sealed properly). Whether the graders knows it or not, that's just logical. With that said, I do suspect graders know and automatically disqualify a proof coin that has been sent out of original packaging from getting a 70, whether they admit it or not.

 

As far as I have heard, a grader does not know where a coin comes from if they are grading it. If it is submitted in original packaging, it is removed and put in a flip before the graders get near it.

 

I might be wrong here, but I doubt the graders ever see the package a coin comes in. I sat in a grading seminar by NGC earlier this year and the impression I got was that they have so many coins to go through that they get them from their receiving department in flips. That's confirmed by the PCGS grading video on the on the PCGS site http://www.pcgs.com/process.html

If they process, as the video states, 100K coins per month that means they grade somewhere around 5000 per day assuming a 5 day work week. Given that graders are the highest paid workers in the grading chain, I doubt they pay them to handle anything other than a flip. They'll never know that it might have come out of OGP, an air-tite, or anything else.