Graded/ Slabbed - Grossly Incorrectly Graded

Discussion in 'Error Coins' started by Gus-gus, Feb 10, 2019.

  1. Gus-gus

    Gus-gus Member

    Purchased a 2016 1 oz. Gold Eagle that was graded and slabbed by one of the two majors, (ID withheld - CYA), MS 70. I got this from a major national well known coin dealer, (CYA), with great rep, so no chance of scam. Started a recent inventory that lead me to this site recently, and have found members to be a great source of information and guidance. Just came across this coin and am baffled. The coin has several defects that are visible to the average naked eye. My eyesight is fairly bad, and I didn't take the time to examine it closely when it arrived. I keep receipts, so I know I wouldn't have any trouble returning it, but somebody at the grading service didn't do their job. No way did they even glanced at this, yet I believe this is a rare occurrence for them. Has anyone else ever had this kind of problem with either of them? I not talking an opinion of VF or EF, MS 70 is pretty straight forward. Just would like some input from folks like I've received from this site already. I find you are a great resource. I am not looking to sue anyone, I personally think that is way overdone these days, just wanted to kick it around some.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. LaCointessa

    LaCointessa Well-Known Member

    Welcome to CoinTalk @Gus-gus

    So, we are not going to be able to see photographs of the coin because you don't want to disclose which company graded it?
     
  4. spirityoda

    spirityoda Coin Junky

  5. Hookman

    Hookman Well-Known Member

    Right away when you say it was graded MS 70, I'm thinking of certain third tier graders who grade everything as MS 70.

    I would think you should talk to the " major national well known coin dealer, (CYA), with great rep, " that you got it from and ask him What the Hey Happened, unless it's too embarrassing to question him.
    Does he know about your eyesight that is " fairly bad " ?
    Maybe it's time for his "great rep" to take a great hit?!?

    Can't you post pix of the coin without exposing identities?

    Is there any one person on this forum that you trust to show the coin and slab to?

    Good Luck.
     
    LaCointessa likes this.
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    @Gus-gus

    If you can't give us the details, it never happened!

    Chris
     
  7. rooman9

    rooman9 Lovin Shiny Things

    Well I know that the TPG tend to ignore minor struck thrus on 70s because they came out of the mint that way. Especially if they repeat on many coins. And also let's be real, there's no truly perfect coin. If you look hard enough you'll always find something ;)
     
Draft saved Draft deleted

Share This Page