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<p>[QUOTE="vavet, post: 325711, member: 11630"]I came to the conclusion that this coin "looks" like it was wiped or thumbed because the contrast between the protected areas and the unprotected areas is typical of a coin that has been monkeyed with. Hey, maybe it was mishandled or just plain circulated, but it's not original by any means and not any better grade wise than a slider. One can't always tell if a coin is original, but there are certain "tells" that show a coin to NOT be original and this coin fits.</p><p> </p><p>Trying to grade accurately in the MS range from a photo is nearly impossible, and the vast majority of collectors can't accurately function in the MS range of the 70 point grading system with the coin in hand. In fact, neither can the alleged professionals. A few years back a collector reported his results of multiple submissions the the top two TPG's in one of the Numismatic publications. 11 coins, all dated 1861, and not a one got the same grade every time. One in particular was a Proof gold coin that was slabbed by NGC, resubmitted to NGC and got body bagged, resubmitted again to NGC and was slabbed at a different grade than originally graded. That's just one of many examples I can produce if needed.</p><p> </p><p>The TPG's generally do not use any more than 7X magnification to "GRADE" coins. It's impossible to detect the microscopic reaction to a coin from a quick dip with that little magnification. And the TPG's don't spend very much effort on coins that don't require serious examination to authenticate or attribute. Even if they examine a dipped coin under a stereomicroscope, I doubt that most would even know what to look for.</p><p> </p><p>For those and many other reasons, plus the fact that third party grading is nothing more that a marketing ploy, I believe it prudent to make assumptions about everything that is not clearly defined by the TPG's, which amounts to just about everything.[/QUOTE]</p><p><br /></p>
[QUOTE="vavet, post: 325711, member: 11630"]I came to the conclusion that this coin "looks" like it was wiped or thumbed because the contrast between the protected areas and the unprotected areas is typical of a coin that has been monkeyed with. Hey, maybe it was mishandled or just plain circulated, but it's not original by any means and not any better grade wise than a slider. One can't always tell if a coin is original, but there are certain "tells" that show a coin to NOT be original and this coin fits. Trying to grade accurately in the MS range from a photo is nearly impossible, and the vast majority of collectors can't accurately function in the MS range of the 70 point grading system with the coin in hand. In fact, neither can the alleged professionals. A few years back a collector reported his results of multiple submissions the the top two TPG's in one of the Numismatic publications. 11 coins, all dated 1861, and not a one got the same grade every time. One in particular was a Proof gold coin that was slabbed by NGC, resubmitted to NGC and got body bagged, resubmitted again to NGC and was slabbed at a different grade than originally graded. That's just one of many examples I can produce if needed. The TPG's generally do not use any more than 7X magnification to "GRADE" coins. It's impossible to detect the microscopic reaction to a coin from a quick dip with that little magnification. And the TPG's don't spend very much effort on coins that don't require serious examination to authenticate or attribute. Even if they examine a dipped coin under a stereomicroscope, I doubt that most would even know what to look for. For those and many other reasons, plus the fact that third party grading is nothing more that a marketing ploy, I believe it prudent to make assumptions about everything that is not clearly defined by the TPG's, which amounts to just about everything.[/QUOTE]
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