I'm fairly certain that is always how the have done that. If you are looking to buy coins in PCI holders, typically, gold label coins are graded...
A red label means that it is a problem coin. Usually cleaned or scratched or something along those lines.
It also looks like there may be a tooling mark on the 8 in the date at about 9 oclock.
your coin is most likely worth between 2-5 cents, but maybe more if it is in uncirculated condition.
People can submit coins to SGS for grading, and they probably do, if they are dishonest, because they will be assigned a really high grade.........
It's a vam. Every single morgan dollar is a VAM.
It's not particularly popular, however the one you saw must have been a very high grade like ms-67 or 68. You won't find one of these anywhere but...
I've never seen any interest in any type of note except a true radar. (pertaining to serial numbers, unless they are mega low)
I'm sure it has. I could see some chap going to his local dealer, and his dealer saying "only buy from PCGS and NGC", you can imagine the...
http://cgi.ebay.com/1883-O-MS65-CERTIFIED-MORGAN-DOLLAR_W0QQitemZ8407235573QQcategoryZ39465QQrdZ1QQcmdZViewItem And the crappy third party...
I'm fairly certain that your coin is real, and has been harshly cleaned.
Perhaps someone holed several coins in order to obtain a sumly amount of silver in order to cash in that silver as well as the coins.
Keh, That coin doesn't have any apparent hairlines, or even anything that resembles them, the luster is original and frosty, your coin is fine IMO.
I'm going to guess ef-40, newcomb 1.
That coin wasn't cleaned IMO.
EAC people are weird (not trying to insult anyone, as my father falls into that crowd), sometimes they will grade what most people think is a xf...
Looks like damage on the gouges, and a cud error on the date, very common in wheat cents I believe.
Its a 20 reis from brazil I believe from the early-mid 1800's.
I'd say about 200 dollars would be a good deal.
My fiance sent the coins in, because she thought it would be better to go with cheaper service. I had to remind her that I am hired at PCGS, and...
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