Undergraded SLQ?

Discussion in 'Coin Chat' started by RaceBannon, Jul 9, 2010.

  1. RaceBannon

    RaceBannon Member

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  3. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    No distracting dings?!
    Are you kidding?

    That mark on Liberty's right leg is deep, and very distracting, as is the deep mark under the "T" in STATES.
    And the coin has other, deep, dings, along with common surface marks.

    If I didn't know the grade of the coin, I'd say MS63, but I understand why it got the MS62.
     
  4. Mat

    Mat Ancient Coincoholic

    that mark is pretty bad but its a pretty coin overall
     
  5. RaceBannon

    RaceBannon Member

    Is that a ding on her leg? I thought it was a fold in her robe.
     
  6. zaneman

    zaneman Former Moderator

    There is discernable rub on the high points of the eagle's wings, as well as the breast. leg, torso, shield etc on the obverse. It isnt very much, but it does limit the grade to a 62.
     
  7. HULLCOINS

    HULLCOINS Junior Member

    That coin really confuses me, I have a MS 63 SLQ graded by NGC and it looks more like a AU55 to me. That coin has 1000X the detail of mine. But mine doesn't have any major contact marks. Just an uglier coin in a higher grade.
     
  8. HULLCOINS

    HULLCOINS Junior Member

    It also seems like the pictures were altered, because the toning is different.
     
  9. rlm's cents

    rlm's cents Numismatist

    But details do not make it AU, wear does. Just look at a 1922-P die pair #3. No wheat lines and they grade it 64. I have a 1935-S with virtually no wheat lines graded 65 by PCGS. But, if you have a 1917- with full wheats and a full beard but a rub on Abe's cheek, it is AU.
     
  10. HULLCOINS

    HULLCOINS Junior Member

    true... I don't understand why my SLQ is so ugly! I think it was poorly struck, unlike the one the thread is based on.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    To be honest that coin should never have made it into a problem free holder. The 3 scratches and heavy gouge on the leg, combined with it being over-dipped should have put it in a Genuine holder.

    And if it wasn't key date it would never have even got the 62.
     
  12. spock1k

    spock1k King of Hearts

    ok pcgs stands for problematic coins grading service how can it not have made it?
     
  13. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    +1, Spock...
    It shouldn't surprise anybody that this coin graded the way it did. I think in that dark room over at PCGS, they see something shiny, then they flip through their RedBook to see if it is a key date. Then they open up the PCGS Grading Book for KEYDATE coins, where all the standards are different.
     
  14. spock1k

    spock1k King of Hearts

    yes and in case people are wondering what the other service ngc is its nincompoop grading service there they will attempt to grade coins which they know absolutely nothing about and in fact cannot even read :) now where is rusty i had told him not to waste money buying plastic for his coins.
     
  15. spock1k

    spock1k King of Hearts

    since when have we started calling coins with rub as ms? dont tell me i missed the next big revolution in the coin market?
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    I guess it depends on who are including in that "we" you are using. But the simple answer is that the market has doing it since before you were born.
     
  17. spock1k

    spock1k King of Hearts

    but dear gd the market was not there before i was born and dont worry in all my we's i include you we dont want yout o be left behind all lonely do we :D
     
  18. mrbrklyn

    mrbrklyn New Member

    Zane - where are you these days?
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Last I heard out on his own in the coin biz.
     
  20. mrbrklyn

    mrbrklyn New Member

    A a dealer? Any contact information?
     
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