So when does scarcity overrule gradability

Discussion in 'US Coins Forum' started by tammiGee, Jan 17, 2019.

  1. tammiGee

    tammiGee Active Member

    a side-note Heritage has told me they do not sell coins that value less than $100 or un-graded US Gold
     
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  3. baseball21

    baseball21 Well-Known Member

    You have to request that ahead of time but yes you can get genuine slabs. But if they thought it was genuine they would have given it a details grade anyway.

    I would have to disagree there for that time frame, similar I could agree with with but each date/mm should always have it's unique characteristics considered. Ultra moderns sure grade them all the same they've been standardized enough for the most part by now, but 100 years ago it hadn;t happened yet
     
  4. baseball21

    baseball21 Well-Known Member

    No big auction house would sell that coin raw
     
  5. tammiGee

    tammiGee Active Member

    this is the category it was placed in in 1988 https://www.pcgs.com/grades#grade86
     
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    If you are close enough to a major coin show take this coin to that show when it's in town. They usually have one of the grading services on site so you could talk with their representative about it.
     
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  7. 1916D10C

    1916D10C Key Date Mercs are Life! 1916-D/1921-D/1921

    Isn't it surprisingly refreshing? There hasn't been a certain someone come in to turn the course of this thread to an entire "TPG'S Suck!" discussion? Whew. :angelic:
     
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  8. LA_Geezer

    LA_Geezer Well-Known Member

    A matter of opinion, certainly. As I understand it, there are several members at this forum who offer their coins on eBay. I've been more than pleased with the ones I bought from @C-B-D over the past several months, just for starters. I don't deny that my experience with high priced coin buying is limited either, BTW; perhaps I'm not the expert you are, or at least claim to be.
     
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  9. baseball21

    baseball21 Well-Known Member

    The classification of low ball over graded junk is very inaccurate. Do you buy million dollar coins there no, are there a lot of good coins there yes. Is it primarily an auction venue anymore no. It is one of the better sources of world coins and moderns and is the biggest source of coins 500 and under. Would it be the first place to look for a five figure coin no it wouldn't, is it just garbage for the under educated no it isn't. It is the biggest online coin market in the world by volume last I know, so it's no where near as bad as some higher end collectors make it out to be and I don't even like most of the decisions eBay has made
     
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  10. NYandW

    NYandW Makes Cents!

    Nice thread folks, thank you.
     
  11. Conder101

    Conder101 Numismatist

    You are NOT going to be able to remove the solder with a soldering gun. I'm assuming it is a silver solder and not a lead/tin solder because theis was probably used on jewelry and lead/tin is too soft/weak for such.a use/

    Gold melts at 1,935 degrees F, and silver at 1,735 Degrees.
    Silver solder, depending on the type, melts between 1,200 and 1,400 degrees. Your typical soldering gun will get to 600 degrees. You will need a torch to melt that solder and you are not going to be able to remove it with desoldering braid or a solder vacuum because the temperatures would probably be high enough to destroy them. On the other hand being silver solder on a gold coin you CAN dissolve the solder with nitric or possibly sulfuric acid. The acid will dissolve the silver solder but will not affect the gold. There will most likely still be some damage present and the TPG's still will not straight grade it, but it may look better.
     
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  12. GDJMSP

    GDJMSP Numismatist Moderator

    LOL ! Ya know, I don't even think it's possible that you in any way misunderstood what I said. And I did not in any way say anything even remotely related to what you just said !

    Take the large cents that I mentioned. The vast majority of them are corroded, they plainly show pitting, and yet they are given clean grades. Any other common coin, and I don't care what denomination or metal is it made of, if it is corroded and shows pitting as result of that corrosion, it WILL NOT be given a clean grade.

    That's grading coins differently !

    If coins come from a famous collection, they have a famous pedigree in other words, they are consistently and across the board given higher grades than other examples of the same exact same coins are given. And this happens time after time with ever famous collection.

    That is grading coins differently !

    If two different Saints are sent in, one is very valuable/expensive, the other common, and they are both equal in all respects. The common date could easily be graded 65, but the very valuable coin will only be graded 64.

    That is grading coins differently !

    If two different coins of any denomination, one a scarce and desirable variety but not expensive and the other a common date/mint (same type) are sent in, and both are equal in all respects, the scarce variety will be graded higher than the common coin will be.

    That is grading coins differently !

    Now I'm reasonably certain you're going to argue and dispute all of that too, but pretty much everybody on the planet involved with coins knows it's true.
     
  13. Insider

    Insider Talent on loan from...

    I'm not going to bother reading this entire thread. IMHO, the ONLY REASON a TPGS would not put this coin into a "detailed" holder is they are weaseling :facepalm::jawdrop::muted: out.

    That may be a good thing. Every so often a coin is so ruined that there is no original surface left. A decade ago, this coin would have been slabbed. The quality of fakes today and the tricks the counterfeiters use (damage, corrosion, etc.) to disguise their work have professional authenticators running scared.

    You may send the coin to ICG for an opinion. Give me permission (in writing) to post images and write about your coin on this forum. No guarantee we will not weasel out too! :eggface::facepalm::p:hilarious::hilarious::hilarious::hilarious::hilarious:

    PS I've heard so many "family" stories over the decades that I could have written an entertaining book.
     
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  14. baseball21

    baseball21 Well-Known Member

    CoinBlazer said "Whether it is a 1945-D cent or an 1849 Double Eagle, they should all be held to the same standards." To which you replied "I agree completely, but that is NOT how the TPGs do things, and it never has been !"

    Your I agree completely implies that you agree completely that a small cent should be graded the same as a double eagle or more specifically in this case a double eagle made almost a 100 years prior.

    Or is there some secret language now that I am not aware of where saying "I agree completely" to what you just quoted doesn't mean that you agree completely?

    I told you that is not how grading is done and that is not how it has been done since long before the TPGs ever even existed.

    It's silly to think a small copper coin should be graded the same as a large gold coin.
     
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  15. GDJMSP

    GDJMSP Numismatist Moderator

    The problem is you are misunderstanding what he said, and what I said ! In other words you're reading something into his comment, and mine, that isn't there. We both addressed specific issues in regard to the grading of the coins !

    Are the coins graded differently using different criteria ? Yes, of course they are. BUT - if a small copper coin, or a large gold coin, or any other coins, have issues, then the coins should be graded the same, or not graded at all - in regard to those issues !
     
    Insider likes this.
  16. GDJMSP

    GDJMSP Numismatist Moderator

    This is what we said. In both cases we are talking about specific things - not in any way what you are implying !
     
  17. Insider

    Insider Talent on loan from...

    THIS:

    @GDJMSP wrote: "Are the coins graded differently using different criteria ? Yes, of course they are. BUT - if a small copper coin, or a large gold coin, or any other coins, have issues, then the coins should be graded the same, or not graded at all - in regard to those issues!"


    This provable concept (Many coin's are graded differently) is a fact! If you cannot understand that and the reasons for it you are either a rookie collector, an old fart with your head in the sand and still clinging to "the way it should be."

    I don't agree with this, but that's the way it has always been especially since 1986! BTW, it is one of the reasons GRADFLATION has taken place.

    Additionally, there is not a coin ever made that cannot be graded in regard to those issues - "problems."

    PS Looks like I'm going to need to take the time to read this thread after all. :(
     
  18. baseball21

    baseball21 Well-Known Member

    Copper and gold are entirely different metals that react to different things differently. A hit should not be considered the same on both, neither should color be looked at the same and so on
     
  19. calcol

    calcol Supporter! Supporter

    Good post. An expert restorer could get the solder off and make the coin look considerably better. Not sure how you would find such a person. Some museums and archaeology departments of universities have such people, but if they would do it, it would be costly. Even after expert restoration, good chance the coin would details grade or worse as you say.

    Cal
     
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  20. GDJMSP

    GDJMSP Numismatist Moderator

    And nobody ever said they should be, least of all me !

    I'm quite sure you already know this but I'm gonna say it anyway. Your entire problem is you either can't, don't want to, or just flat out refuse, to admit the truth about the TPGS ! You can't even admit it to yourself let alone anyone else.

    And whenever anyone else dares to speak the truth about the TPGs, you are the very first in line to jump up and say it isn't true in an effort to defend them.

    Well, your efforts are wasted. Truly knowledgeable people have known the truth for as long as the TPGs have existed. And at long last the time has finally come when pretty much anybody, everybody, knows the truth. The days of blindly believing, blindly trusting, in the TPFs are gone ! And I believe they are gone forever.
     
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