AGS Certified MS67 1925 Peace Dollar

by NGS or NGC? Not trying to nit pick but just want to make sure we are talking about the right NG?.

Speedy

 

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That's a given. PCGS, NGC, and other top-tier TPGs used well publicized standards on which to base their opinions. The question Speedy asked can be rephrased as "What standards do you base your opinions on?"

Why don't you just answer that question?

 

Hi Jeff and welcome to Cointalk. I AM the one that asked about this coin on Overstock and yes you did reply after I posted this thread. I so rarely get a response on a coin like this that I shared it with the CT community before I got a response. I guess that was my bad but I'll continue to do it. People need to look while the auction is live.

We DO welcome you to Cointalk - no BS there my friend but anyone can walk into their garage, basement or in my case the computer room and start slabbing coins. I do not profess to be a certified coin grader and this is why I do not do this. Perhaps you should consider same.

In my opinion, which is subjective just like coin grading, a person that slabs their own coins then sells them while quoting trends, PCGS, Redbook or whatever is bordering on fraud. I call it "planting the seed" and to a newer collector it's very tempting. Plant the seed at what that coin MIGHT be worth.

Have I quoted prices on pieces that I have sold? YES I HAVE. With big pictures, a refund policy and grading by ANA standards. None or us are perfect but most of us know right from wrong.

My big question though Jeff is if this coin was that nice why not send it to PCGS or NGC? MS67 coins command great premiums. If the coin was that nice why not drop $30 to make an extra $1000. I'm struggling with the math here but in the wrong direction.

You have been "defending" yourself here as I see it but give you a good mark for coming aboard.

I have been collecting for well over 35 years now and LOVE this site. I know a few things but there are people here that literally blow me out of the water with their knowledge. Cool thing is that they share it.

Join the community and you can learn A LOT.

P.S. I still love a good Vidalia onion!

 

Hey Jeff,
Also would you mind turning on your PM....

Speedy

 

PM is now turned on just now had the opportunity to go over all the cool features of this site.

Jeff

 

Here are the standards I use in plain every day launguage.

Proof. A specially made coin distinguished by sharpness of detail and usually with a brilliant mirror like surface. Proof refers to the method of manufacture and is not a condition. Grading numbers are applied similarly as for coins struck for circulation, i.e. PR-65, PR-60, PR-55, etc. as defined below.

Uncirculated. The terms Mint State (MS) and Uncirculated (Unc.) are interchangeably used to describe coins showing no trace of wear. Coins may exhibit original mint luster and/or toning.

Brilliant Uncirculated (BU). Uncirculated coins may vary to some degree because of blemishes, toning, or slight imperfections as described in the following subdivisions (MS-70 through MS-60).

Perfect Uncirculated (MS-70). Perfect new condition, showing no trace of wear. The finest quality possible, with no evidence of scratches, handling, or contact with other coins. Very few regular issue coins are ever found in this condition.

Choice Uncirculated (MS-65). An above average Uncirculated coin which may be brilliant or lightly toned and has very few contact marks on the surface or rim. MS-69 through MS-61 indicate higher or lower grades of preservation.

Uncirculated (MS-60). Has no trace of wear but may show a number of contact marks, and surface may be spotted or lack some luster.

Choice About Uncirculated (AU-55). Barest evidence of light wear on only the highest points of the design. Most of the mint luster remains.

About Uncirculated (AU-50). Has traces of light wear on many of the high points. At least half of the mint luster is still present.

Choice Extremely Fine (EF-45). Light overall wear shows on highest points. All design details are very sharp. Some of the mint luster is evident.

Extremely Fine (EF-40). Design is lightly worn throughout, but all features are sharp and well defined. Traces of luster may show.

Choice Very Fine (VF-30). Light even wear on the surface and highest parts of the design. All lettering and major features are sharp.

Very Fine (VF-20). A moderate amount of wear is noticeable on the high points of the coin's design. All major details are clear.

Fine (F-12). The coin shows moderate to considerable even wear throughout. Entire design is bold with an overall pleasing appearance.

Very Good (VG-8). Well worn with main features clear and bold although rather flat.

Good (G-4). Heavily worn with the design visible but faint in areas. Many details are flat. Common coins in "Good" condition are not particularly desirable pieces for collectors. Rare or valuable coins in this condition, however, are often saved when no others are available.

About Good (AG-3). Very heavily worn with portions of lettering, date, and legends worn smooth. The date may be barely readable.

I think if you all get to know me more and stop trying to put me on trial here every thing would be for the best. Or is this just a witch hunting site?

 

You copied that from pandaamerica.com

 

Howdy Jeff,
We are trying to get to know you---you said that you came to help answer our questions and that is what I've done. You have to agree that most "grading companies" other than PCGS, NGC, ANACS, ICG, PCI and a few others aren't much good and it seems like everyone and their brother starts one and all they do is overgrade coins.
As long as you are still willing to answer questions I would like you to go back to my questions and answer them:

Thanks

Speedy

 

Is it just me, or does that Peace dollar look buffed or polished. It looks like a piece of chrome. I know the pics leave a lot to be desired, but it don't look right to me.

 

ngs??? or ngc???

 

Gotta go with Speedy on this one Jeff. We are NOT just picking on you (in case you're getting that impression). We look at EVERYTHING out there. Most that slab coins are NOT qualified and are only looking to make a fast buck.

I now have a few "regular" customers on Overstock. Most of them are retired and ripping off the elderly is not my idea of a good time but we all know that there are MANY out there that couldn't care less.
I guess I've taken many of them "under my wing". They feel comfortable asking my opinion and I'm glad to help them.
I've had a few pay too much for a coin. In that case I send bonuses.
These people raised us - they deserve repect.

If you only knew how many times I've looked at my wife and said "I should start my own grading company because then neither of us would have to work". All I do is say it as I guess I have a conscience.

Guess that's it until I think of something else.

Oh, and by the way where are my manners? I call you Jeff. My name is Dan. Pleased to meet you.

 

Just for the record, there is another thread right now where the members are ripping PCGS for the grade on a gold coin.
So it is not just you, it is everyone.

 

GDJMSP:
Thank you for saying it better than I did.