The heart breaking moment

Log in or Sign up to hide this ad.

Yes modern coins.

It just doesn't seem like there are that many PR70's in relation to PR69 - at least not on the open market. Let's use eBay for example. I see so many PR69 DCAM, but hardly see PR70. I don't know where you get that figure of 80-90%, but I'm confident in saying PR69 outnumbers PR70 by at least 10 to 1 (probably more). You would think the balance would be closer if the grading was truly unbiased. Maybe they have no idea how the coin was submitted, but I don't buy the notion that they are just as willing to grade PR70 as they are PR69 (before looking at the coin).

Lastly, graders are human. So I imagine they would rather be on the safe side of things when grading a coin since it could seriously affect the coin's value.

 

Yes, the graders do pay special attention to a coin with a massive value. They look closely before creating a conditional rarity that will cause the value to jump exponentially. However, in modern coinage, 70s really aren't that much of a conditional rarity. No one is going to say 'well hey, I better go with a 69 anyway on this silver eagle. Don't want to make it too valuable.' In fact, I think they spend 8 or less seconds on each coin, so they are not going to be thinking twice about the grade of the coin at all. They grade the coin by looking at it and deciding the grade on first impression. They don't look for every tiny fault, as market grading focuses more on eye appeal than anything else.

 

A coin sent in to a TPG in OGP has the same chance of getting a 70 grade as one removed from OGP and submitted in a flip.

The odds are no different.

 

Sure these where in fact submitted in the original packaging, but would also submit that there are in fact several articles about coin grading companies not readily willing to give coins the 70 status to in fact keep the population and rarity down . The article also stated that I.C.G. was better known for giving unbiased grades regardless of population or rarity due to the fact that none of the professional graders are coin dealers or even involved in the coin market. That is considered to them a conflict of interest and would cause immediate termination. I have never submitted to them but I am considering. I just want to do a little more research on them.

 

I have a local dealer who feels very strongly about this. His justification is that he sent a recolored 1909s VDB cent to PCGS. It was very clearly an AU coin, but still a details coin. When he got the coin back, it was graded Good Details (or one of those low grades). He decided that the issue was that PCGS was trying to protect their Pop Tops, and then sent it to ICG. ICG graded the coin AU Details. I don't have any reason to doubt his story. I personally will probably never own a Pop Top coin anyway, so I don't have to worry about getting cut down in order to save the rarity of a piece, but it is an interesting anecdote.

 

If you want to try ICG, it's your call, but as with the present ANACS holders, even if they did come back at 70, you must consider value as they most certainly will not be worth PCGS money. Personally, I think you've already invested enough and would be better off leaving as-is, but good luck if you do try again.

Please understand that I am not doubting you or your story, but I fail to see how PCGS would be protecting their top pop/pops by undergrading a problem coin that wouldn't be included in the pops anyway.

 

Here is one I thought would get a better grade than it did. but for the grade to be so low i thought there has got to be something obvious

 

I just recently purchased that same coin. 1956 Lincoln Proof. Like a week ago. Although I cannot see the whole coin, from what I do see, it does look like a low grade.

 

please do explain

 

Used camera for color image

 

David, you need to find how to set the color balance ( color temperature) on your camera as I am sure you have it set wrong to get the orange color.

 

nahh cheap camera.. brilliant red, hard to capture with it

 

well after looking at the coin again, the coin does have and orange hue to it

 

I could of said it better, sorry. I meant I am in agreement that the grade is too low. Not that the coin is a low grade. I agree it should be graded higher.

 

Thanks I was curious to what you where seeing some folks on here can do better imaging with my own photos. I hope you didn't think me cross I was just curious to what you where seeing to better my own eye. Thanks

 

The last shot explains you have to move the coin around to see the change in patina on the top of the head it is darker than the rest of the coin surface

 

The camera used to take the photos in post #31 - a Fuji FinePix JX580 - is indeed capable of manual, auto, and preset white balance settings. As Desertgem suggested, correcting this will make a great difference in the color of your photos.

In most cases, even the cheapest of modern digital cameras are able to produce an acceptable image when used properly. A camera is nothing more than a tool, and as with any tool, knowing how to use it is key. In case you do not have one, below is a link where you can download the manual, and if you wish to look for them, there are a number of past coin imaging threads here that may be of help to you.


http://www.camera-usermanual.com/fujifilm-finepix-jx580.html

 

lol dang am i on a cia website?

 

We are watching you through your monitor