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1875 CC $20 Liberty what does it grade?
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<p>[QUOTE="Owle, post: 1431077, member: 22004"]A while back we were commenting on an 1865 $20 in an ANACS MS61 holder, there was concern that it was probably AU, which was debatable, ultimately no one bid on it at the auction at the $6000 reserve. A point that I have recently been made aware of is that ANACS will not re-slab the old holder coins in their new "gold" holders only in their "blue" holders--if you want it in the gold holder you have to submit it raw. So that can be telling, wheras PCGS and NGC will re-holder almost automatically--I'm sure there are cases when they make the decision that the overgrading is so egregious that they do not want that coin appearing at market or auction and causing them embarrassment and thus make a cash offer to the owner; though PCGS and NGC reholder automatically, ANACS will not, new ownership there that does not want liability for problem coins in their new holders with their "guarantee".</p><p><br /></p><p>Do you know anyone who has had any luck getting a grading company to acknowledge their overgraded coin and make good on their guarantee?</p><p><br /></p><p><br /></p><p>"If, in NGC’s sole opinion, the grade determined under such review is ultimately lower than the grade originally assigned, NGC will offer one of the following three remedies:</p><p><br /></p><p> </p><ul> <li> NGC shall purchase the coin from the submitter at its determination of the current market value (see below) for an example of that coin which is correctly graded at the original grade level assigned.</li> <li> NGC shall exchange the coin in question with an equivalent coin at the original higher grade.</li> <li>NGC shall return the coin to the submitter at the correct lower grade and pay the difference between the current fair market value (see below) of the coin at the newly established grade and the current fair market value of the grade originally assigned to such coin."<br /> <a href="http://www.ngccoin.com/services/writtenguarantee.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/services/writtenguarantee.asp" rel="nofollow">http://www.ngccoin.com/services/writtenguarantee.asp</a><br /> </li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1431077, member: 22004"]A while back we were commenting on an 1865 $20 in an ANACS MS61 holder, there was concern that it was probably AU, which was debatable, ultimately no one bid on it at the auction at the $6000 reserve. A point that I have recently been made aware of is that ANACS will not re-slab the old holder coins in their new "gold" holders only in their "blue" holders--if you want it in the gold holder you have to submit it raw. So that can be telling, wheras PCGS and NGC will re-holder almost automatically--I'm sure there are cases when they make the decision that the overgrading is so egregious that they do not want that coin appearing at market or auction and causing them embarrassment and thus make a cash offer to the owner; though PCGS and NGC reholder automatically, ANACS will not, new ownership there that does not want liability for problem coins in their new holders with their "guarantee". Do you know anyone who has had any luck getting a grading company to acknowledge their overgraded coin and make good on their guarantee? "If, in NGC’s sole opinion, the grade determined under such review is ultimately lower than the grade originally assigned, NGC will offer one of the following three remedies: [LIST] [*] NGC shall purchase the coin from the submitter at its determination of the current market value (see below) for an example of that coin which is correctly graded at the original grade level assigned. [*] NGC shall exchange the coin in question with an equivalent coin at the original higher grade. [*]NGC shall return the coin to the submitter at the correct lower grade and pay the difference between the current fair market value (see below) of the coin at the newly established grade and the current fair market value of the grade originally assigned to such coin." [url]http://www.ngccoin.com/services/writtenguarantee.asp[/url] [/LIST][/QUOTE]
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1875 CC $20 Liberty what does it grade?
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