Definition of "Scratched" for Body Bag Purposes..

Discussion in 'US Coins Forum' started by j0nnyjo, Sep 10, 2008.

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  1. spock1k

    spock1k King of Hearts

    i agree its a scratch however it may or may not be body bagged it should get body bagged however
     
    spock1k, Sep 11, 2008
    #21 + Quote Reply
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  3. AdamL

    AdamL Well-Known Member

    I think the OP should send it in...But just because I really want to see if it gets slabbed or not :)
     
    AdamL, Sep 12, 2008
    #22 + Quote Reply
  4. j0nnyjo

    j0nnyjo Junior Member

    Haha...thanks for all the opinions guys. I don't know - I probably just won't send it in (but I am a little tempted to see what will happen to it :mouth:).
     
    j0nnyjo, Sep 12, 2008
    #23 + Quote Reply
  5. mill rat41

    mill rat41 Member

    I just took a gamble on a submitting a coin with a small, yet deep scratch. The scratch was out of the way on the reverse. It slabbed mint state at NGC. They may have knocked down the grade a point or two though.
     
    mill rat41, Mar 12, 2009
    #24 + Quote Reply
  6. diehlr

    diehlr Junior Member

    OK - Being a new guy to this coin grading/collecting piracy....I'm sufficiently confused.

    Why doesn't a coin that is scratched get a grade between 1 and 70 ????

    I recently sent in a Wisconsin Extra Low Leaf quarter to PCGS - they returned it slabbed buy only as "Genuine". The paperwork said it was "Scratched".

    Well no kidding....I could see that, but why wouldn't it qualify as some poor quality like VF20 or less ???
     
    diehlr, Mar 12, 2009
    #25 + Quote Reply
  7. FreakyGarrettC

    FreakyGarrettC Wise young snail

    The theory you are thinking of is called net grading. :)
    http://coins.about.com/od/coinsglossaryn/g/net_grading.htm
     
    FreakyGarrettC, Mar 12, 2009
    #26 + Quote Reply
  8. diehlr

    diehlr Junior Member

    Obviously all of this is just another way for these "impartial graders/certifiers" to make more money for doing less work and have to answer to no one.

    It is all a scam. But we will dutifully continue to participate in it :)
     
    diehlr, Mar 12, 2009
    #27 + Quote Reply
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Because a damaged coin is considered ungradeable. And a scratch is considered to be damage.

    It's all a question of severity really, a matter of degree. And it varies from coin type to coin type. The larger the coin the more leniency is permitted.

    Even the ANA grading standards follow this policy regarding a damaged coin being ungradeable. And that policy has been followed since long before the TPG's even existed. Since before the ANA standards even existed for that matter. Damage can take many forms, it can be corrosion, scratches, displaced metal, rim dings, environmental, over-dipping, harsh cleaning or any number of things. But once damaged, a coin is considered ungradeable. And it's always been that way since the very beginning of grading.
     
    GDJMSP, Mar 12, 2009
    #28 + Quote Reply
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