First I have seen - grade without a date

I was scrolling through some auctions and ran across this Morgan. It's the first I have seen where a grading company included a straight grade without being able to identify the year.

Some might be against it, but I actually like that Anacs does this. The lack of a date lowers the value/appeal, but it can still be given a grade if there is no other issue.




https://www.greatcollections.com/Coin/865926/ND-Morgan-Silver-Dollar-ANACS-PO-01

 

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Does any other company do the same? I'm fairly certain NGC does not and I know PCGS won't.
@Insider would ICG grade a coin without knowing what the date was?

 

Another reason that I found this interesting is that I own the coin below. When I posted it, the best guess on here was that PCGS didn't grade it because they didn't know the mint mark. Now I'm wondering if Anacs would grade it as an 1889 with a notation of No Mint Mark?

https://www.cointalk.com/threads/anyone-see-why-this-didnt-grade.348261/

 

I should have read my original thread again
ICG will do this in some cases:


https://forums.collectors.com/discussion/1028524/now-this-coin-is-confusing-me

 

I'm completely against it aside from blank plancets and such. It really devalues the process and sort of reeks of desperation for business. I know that may seem harsh, but this is one thing I really hope isn't the wave of the future. The whole point of grading and authentication is to say what it is, saying don't worry it's real be we have no idea what it is just

Won't even get into how easy it would be to get fakes into slabs if that catches on

 

It does open up some possibilities for fakes. And that would be a bigger worry if these catch on and start seeing large premiums. However, if the TPGs can tell it is real, then it wouldn't be as big of an issue.

And I don't see it as devaluing the process. People collect all sorts of things and if enough of them want these slabbed, then it makes business sense to slab them (as long as the grader can stand behind the coin being real).

 

If it’s not a one year type, and you can’t read the date, it’s not a Poor-1. Dr. Sheldon called the lowest grade Basal State (BS) - 1. You didn’t need to have a readable date, but you had to be able to determine the Sheldon variety number. Believe it or not, you can do that. I have done it.

The date is critical to making the OP coin collectible in my opinion. Without the date, grade may as well be “Scrap - 0.”

 

How about the case of readable date but not mint mark (like the 1889 example)?

 

Why would anyone pay to have one of these slabbed?

 

Some people like to collect them or have a personal reason.

 

The is a contest in the PCGS registry for the poorest known coins that are not damaged, believe it or no. Collectors will pay high prices for this ... material. To me only a lunatic would spend good money on this stuff, but I guess that's what makes the world interesting.

Like my father's best friend said when he heard that people eat rattlesnake meat. "They need'ent fix any for me."

 

They can't tell that it's real despite the claim. You can't tell if a coin is real if you can't even say the date or mm. It's very easy to get rid of imperfections when it's basically a disk

 

If I were submitting a slick coin for a low-ball grade, I'd whack it a couple of times with a hammer first. "Poor-1" is a tough grade to be sure but "poor-1 details", by golly, that's really something!

 

Please read @Insider 's comments and you will see there are ways.
https://forums.collectors.com/discussion/1028524/now-this-coin-is-confusing-me

 

I'm thinking it was only a couple weeks of circulation away from "unstruck planchet."

Z

 

I've seen that thread and actually do like the counterfeit slabs to at least make some effort to sell them raw again. That said my opinion stands and it's not personal

 

Is that a coin? It looks more like a slot machine slug. Crack it out, and it wouldn’t even fool any casino that I know of.

 

baseball21, posted: "They can't tell that it's real despite the claim. You can't tell if a coin is real if you can't even say the date or mm. It's very easy to get rid of imperfections when it's basically a disk."

They : Ex-professional coin dealers & knowledgeable numismatists paid to authenticate coins.

YOU: You.

baseball21, posted: "I'm completely against it [ So what?] aside from blank plancets [AFAIK, no TPGS does these any more because of what you posted] and such. It really devalues the process and sort of reeks of desperation for business. I know that may seem harsh, but this is one thing I really hope isn't the wave of the future. [Actually, it has been done for decades.] The whole point of grading and authentication is to say what it is, saying don't worry it's real be we have no idea what it is just Won't even get into how easy it would be to get fakes into slabs if that catches on.

LOL, you sure sound like you know what you are writing about so please do. How easy is it? Planchets and coins are two different things.

 

As someone who doesn't have to defend their job or their company, please walk us through how you can authenticate such coins when the date and mm can't even be known by the people doing it as shown by the slabs?

You win though I'll change my statement to I am very happy the big 2 so far have not authenticated coins where they don't even know what date/mm they are and hope they never do so