Guess the grade? 1704 Half Crown R2 in Seaby

I am rather shocked at that and question the grading. I have been attacked on the PCGS site for attacking inconsistent grading but this one is bad and I feel for you & sorry you wasted your money....
Please see my posts if you are interested in the 1914 Caballito peso I submitted in February and the sorry grade.

 

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I see NGC has never graded this rare date so will be unfamiliar with the die and strike.

 

And that is putting it mildly as well as euphemistically...

 

I wrote to them about it but will get the brush off I imagine....

 

I will tell you that between me and probably one of the most recognized experts in pre-decimal milled Brit coinage that they would not back off with a very poor assessment...

 

You mean defend the nonsense.......forever

 

I want to know where everyone else is that contributed to the thread.now we have the result?

 

Looks like my mother-in-law, grouchy old lady! Nice coin for it's age. No opinion on grade though.

 

Sorry about the delayed reply but thought I had already.

I sure hope NGC does the correct thing and looks more closely at this one while taking the weakness of strike into account. That reverse is at least AU.

 

Just guessing I’d say Au 53

 

Yeah but Cointalk members can get you really close to guessing grades. And explain why. Explaining why is how we all learn

 

What is your meaning to double weight?

 

In competitive sets based on grade, some coins get more ranking points if they are more rare or desirable

 

Guess not this time. Don’t know the coin type. I saw the ware on the shoulder robe and expected more lines in the hair also. I think most members saw that too. Would of never guessed VF.

 

I thought AU 58 at first glance, and still feel that way. The possible "wear" on the hair on obverse may well be a result of an overly high relief. On a coin that old, I tend to be more lenient in grading.

 

MS60. Nice looking coin.

 

As I've said - I have gotten really pissed at some of the grading at TPGs lately. Not all grading, but on occasions like this they really miss the mark. Who exactly is on First Base?

 

No expert here, especially in the type, but my first impression was AU58. On closer examination I saw a couple of dings on the obverse, which would lower it to AU53-55. I think the flatness in the hair is due to strike rather than wear, especially when you consider the lack of wear on the reverse, but even if it is not all due to strike, it should not lower it below EF, in my opinion. In short, I don't think you got your money's worth from the eight seconds they looked at it.

 

Thank you and they refuse to reply too.

 

In my opinion it looks like an AU coin how they gave it a VF 35 is beyond me.

A point on grading. You don't need to an expert on every series of coin to grade a coin. The only time that comes in play is when a coin is known for weak striking like the 1921 Peace dollar. Over time you can judge a coin's grade based on experience. The other thing to avoid is a coin that was bumped up a grade or two just because of rarity.

About 10 years ago I saw at least 10 but likely a lot more 1877 Indian cents that were way over graded. I saw AG's being graded as G4 or G6. I saw coins that were actually a G4 or G6 being graded VG8 and VG10. This went on for about 2 years. PCGS did it. So just because a coin is rare isn't a reason to bump up the grade a point or two. That's actually ripping people off. That's because most people that are willing to pay for that rare coin know what the coin should look like at a certain grade level. Those that don't and bought the over graded 1877 Indians will have trouble selling their coin claiming the coin is a higher grade than it actually is.

As far as the half crown. I would leave it in the slab and wait a year or two and crack it out and send it in again. Or take it to a major show, cover the grade and ask someone to look at it that specializes in those coins to give their opinion. If they call it an AU coin, then you know for sure that NGC messed up. However, before you do this tell the dealer you're not trying to sell the coin you're just looking for an opinion.

I would also like to point out that both PCGS & NGC have made mistakes on the slab labels. I have a British proof set from 1927 that two of the coins have the wrong label on them. Both coins are in the set, but the labels were swapped. I have a few other coins with the wrong labels too. So, it's possible your VF 35 is a typing error, or the wrong label was put in your slab and your label was put into someone else's slab. This happens more often that people think. Also forget about quality control. The last inspection is by the person packing up the coin to send back to you and likely has no idea what they are looking at.