I would like to hear everyones feedback on what they think this coin would grade. I sent this coin to NGC to be graded and I must admit I was very surprised what grade they gave it. I want to see if you guys agree with NGC. I will post the actual grade after a few guesses. :hail:
Dang, looks like a match to that Lexington Concord I posted about a couple of days ago! I would say F 15.
Nice call on that. My first reaction was the same. That was part of the surprise. I expected a details grade for sure. But NGC said problem free. And so far no one guessed the right grade yet lol. This one was weird for sure! Also one thing to note. I got the grade from their online status update. So it is possible someone entered the wrong grade online. I don't have it back in hand yet.
Yep cerd got it. It came back as a VG08. I am no life long expert, but that coin is better then a vg08. Thanks to all of you who gave your opinions.
Yep looks better then that to me. Maybe it was requested by the owner so as to put it in a low ball set
I wonder if it was a net grade, (market grade)? The details do not look like an 8 to me at all especially with all of the lettering nice and crisp.
NGC does not do numeric net grades. If it is a problem coin they just give it a details grade like VG details cleaned etc. To be honest I don't think anyone net grades anymore. ANACS used to. Not anymore though.
For me I will buy a problem coin. I think it is strange that people will refuse to buy a coin cause someone else says its bad. If a coin has a small scratch or a rum bump and gets a details grade its worth less, but still worth something. I feel like one day the floor is going to drop out from under these big graders. Maybe its already happening. (NGC and PCGS both slabbing problem coins suddenly?) To me some of those grades come with hugely inflated price tags. I always see em for sale, and rarely see em sell. Not that my opinion matters. If at the end of the day you are proud of the collection you have put together that is the only thing that matters
Circulated commems can look cool and this one fits the bill.:thumb: Thanks for sharing it. Grade seems a bit harsh to me. By the way, are you Todd's father? I may be getting car names mixed up here.
I disagree. The major grading companies still apply (silent) net grades in many instances. For example, many coins which have been lightly cleaned receive (net) grades, as opposed to "genuine" designations. It's just that the grades are lower than they would have been without the cleaning. And that is partly why, to the untrained eye, some coins appear to be under-graded - the observer is not seeing what the grading company saw, and which caused them to down-grade the coin. If you think about, all coins (except for 70's) which receive grades, are net graded for some type of flaw(s). It's just a matter how much they are down-graded and for what reason(s). Lastly, although I have said this a number of times on different coin forums, I will say it again, here....Often, the decision as to whether to no-grade or a assign a grade to a given coin can be as or more difficult (and inconsistent) as the decision regarding what grade to assign.
If I read this right you are saying that they take points off for little things they see? Isn't that the point of professional certification? Otherwise I would just send my coins to SGS :bangg: All the graders have in house notes. NGC states this on their website. The details grade they give though is not a net. If they say VF details it is because the coin exhibits VF details. I was talking about an example like the old ANACS slabs AU details cleaned NET EF40 Thanks for the complements and no I am not Todds father.
