1917 slq this can't be ms

Discussion in 'US Coins Forum' started by rzage, Mar 8, 2009.

  1. rzage

    rzage What Goes Around Comes Around .

    This is a nice 1917 SLQ in a PCGS slap stating MS-63-FH , look at the leading edge of the eagles wing , to me it's wear , opinions wanted .
    [​IMG]

    If this pic doesn't enlarge I'll give a link to one that does .
    Rusty:thumb:
     
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  3. rzage

    rzage What Goes Around Comes Around .

  4. rld14

    rld14 Custom User Title

    I have them in higher grades than that with some rub on em ;)
     
  5. mark_h

    mark_h Somewhere over the rainbow

    Looks okay to me - I had to turn the glare down on the coin, but it looked okay to me. Of course I am not an expert on these. Just my opinion.
     
  6. the_man12

    the_man12 Amateur Photographer

    I don't see any wear, but then again, my best SLQ is a VG.
     
  7. Leadfoot

    Leadfoot there is no spoon

    While your opinion is just as valid as anyone else's, PCGS (and NGC) generally don't grade on a coin AU based on high-point wear, they grade AU if the field's luster is impared.

    Respectfully...Mike
     
  8. spock1k

    spock1k King of Hearts

    brother lead foot lets hope that in 2009 they will not need all of the luster gone before they call it AU.


    otherwise they well get sgs approved stickers :D
     
  9. spock1k

    spock1k King of Hearts

  10. Leadfoot

    Leadfoot there is no spoon

    I'm not saying it's right or it's wrong -- but it is what it is, and it's been that way for quite some time, IMO. ;)
     
  11. mikenoodle

    mikenoodle The Village Idiot Supporter

    looks acceptable to me for MS-63
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    True story, but it is still nice to know that at least some can recognize the truth of the matter and see a coin what it really is.
     
  13. spock1k

    spock1k King of Hearts

    well i am quite proud of rusty he can see stuff a mile away.
     
  14. spock1k

    spock1k King of Hearts

    i cant wait for the class action lawsuit when the gullible buyers find out :whistle:
     
  15. mikenoodle

    mikenoodle The Village Idiot Supporter

    Spock, my dear friend, there will be no class action because no one has been damaged. They have all followed bad advice. They have trusted opinions of someone that maybe they should not have. They have paid people for opinions that when it all comes out are only that... opinions, and not so accurate ones at that.

    When you sue, you have to prove damages, not just prove that someone was wrong. By believing TPGs people have made bad decisions and compounded them into their own financial loss, but the TPGs didn't make them do it.
     
  16. Leadfoot

    Leadfoot there is no spoon

    If you say it enough times, eventually they figure it out. :hammer: ;) :D
     
  17. rzage

    rzage What Goes Around Comes Around .


    Spock , just think of it , all we have to do is throw away our morals , we could make millions selling SGS green and Gold stickers on fleabay:D. JK
    rzage:):hatch::hammer:
     
  18. mrbrklyn

    mrbrklyn New Member

    really. with all these discussion on morgan and peace dollar wear on wings and beaks and the TPGer grade on the fields?
     
  19. Leadfoot

    Leadfoot there is no spoon

    Yes, really.

    Bottom line: Don't confuse ANA grading with TPG grading -- they are not similar at all when it comes to AU and low MS coins. And those "discussions" you refer to center on that very issue, IMO.

    In a bit more detail: Those in the ANA school will call it an AU coin with high-point wear (and value it at $100), and those in the TPG school call it an MS 62/3 coin with stacking friction (and value it at $100 -- not coincidentally). And the EAC dudes, the eternal bastion of grading integrity, would grade the coin XF (and value it at $120 ;) ).

    Have fun....MIke
     
  20. Leadfoot

    Leadfoot there is no spoon

    p.s. I can't take credit for this "realization" when it comes to AU grades at TPG's -- it was first told to me by one of my numismatic mentors several years ago, and has been repeated to me by other numismatists I trust and respect. While the "rule" does have exceptions, I think it is a great rule of thumb when trying to grade AU/MS coins in the eyes of the TPG.
     
  21. rzage

    rzage What Goes Around Comes Around .

    Thanks Mike that really answers a lot of questions for me , maybe SGS is just ahead of their time:whistle: JK .
    Rusty:thumb:
     
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