How Do You Feel About This?

A nice Flying Eagle cent graded Mint State 62 by NGC with a counterstamp.

Apparently this counterstamp is popular (???) cause NGC has a designation for it, instead of Details (for post mint damage).

I guess collectors of these will be fine with it while purists will not be thrilled. I personally think because of the alteration some sort of details designation should be given (with a description of counterstamp thereafter). It just feels a little disingenuous to let some marks slide and others not.

 

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I don't like it. I don't like it at all.

 

The auction has pictures both in and out of the holder so I assume the seller is the one who submitted it. I would be curious to know what he was expecting when making the submission. I would have expected a details designation and therefore not submitted it.

 

No no no no.

Sets a bad precedence.

 

Said Aunt Alexandra to Atticus. Sort of.

 

Dumb. A collector looking for a nice counterstamp can see the shape of the coin as it is and does not need to say it is MS 62 to appreciate it.

I guess all those people who said "SLIPPERY SLOPE" when chopmarked Trade Dollars were getting straight grades were right...

 

I'm lost.

 

To Kill a Mocking Bird.......very perceptive Señor.

 

To Kill a Mockingbird.

 

I said it first.......

 

I don't really have a problem with it as it could open up more people to collecting counterstamps who aren't comfortable with them raw. But if they are going to do it they better guarantee the counterstamp and make sure they keep them clearly marked on the label.

The real question is probably what's going to determine which ones are worthy of being graded instead of just details graded

 

Heck, I'd take that piece raw, with no regrets.......

 

I don't know anything about that cs. I would have assumed it was damaged and you would have beaten me for it for sure

 

Grading companies need to be consistent.
You can't say CS are damage, and then say, well it's OK on trade dollars because that's normal.
I think it details the FE. That's a huge gouge across the entire obverse of an otherwise gem of a coin.

 

I'm ok with it for $65. At least that's what I bid. Haha

 

@BRandM is the counterstamp guy right?

 

i like it!!

 

The counterstamp's placement makes a difference IMO. Well centered and professionally done versus randomly punched onto the coin. I wonder what history is behind the stamp.

Then again there are some really well executed tooled coins that are still details, and a coin is still plugged even if someone did a really good job of it...

 

Yeah, me too, but not at MS62 prices