Discussion in 'US Coins Forum' started by Mark Metzger, Jun 7, 2022.
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I would gladly send it in for grading and take you up on your bet; however, the dealer who I piggyback my submissions with just sent a batch in and doesn’t have plans to submit again for a while.
Ok, well, we shall see, when it gets graded. I hope, for your sake, that it is mid grade MS, as that makes it a $200-225 dollar coin.
Sorry but this is just a crock. Just because a coin is "an obvious candidate for submission" doesn't mean that anyone ever did. My siblings and cousins all have similar coins as mine from grandpa and none of them have seen the light of day for 80 years. You simply cannot claim that any nice looking coin has to have been submitted for grading.
The photographs of the coin are nice and sharp but the lighting is a little funny. Still, I think you have the presumption right. A coin like this coming into a TPG is going to be heavily scrutinized for the reasons aforestated. But the verdict is going to hinge on whether it's market acceptable, and that I don't believe we can adequately judge from these photographs.
Having said that, "back in the day," I had 14-year-old kids in my coin club who could spot a dipped coin in a coin shop ten feet away. Or at least five feet away, lol. My point is, the unscrupulous dealers dipped out toning (a.k.a., environmental damage), then. Today, the unscrupulous dealers dip it in. That's why most Morgan Dollars were indeed dipped, at one point or another. Same can be said on a lot of older, tarnished silver. You put those 14-year-old kids in the grading rooms and 90% or better of these silver coins are body bagged.
Given the lighting in the photographs could be better and the grading standard of market acceptability, I have to lean toward, send it off. If they know what they're doing, they're going to judge it on the evidence, on acceptability standards for their market, and not dismiss it out of hand, again, for the reasons aforestated. Then, again, they could be dopes, in which case he winds up with expensive plastic and a coin that wasn't given fair treatment.
@Mark Metzger I would have it graded either by NGC or PCGS, but I would wait until you have other "worthy" coins to send in also so as to spread out the cost of the fees/shipping/insurance; alternatively, you could go with ANACS just to get it holdered and see if it would straight grade as they are the least costly overall, OR, if you're in a mind to sell it for a profit, send it in to Great Collections as they take care of the grading (at a discount) and ALL shipping and insurance fees to and from to TPG.
I’ve never used great collections but their service seems perfect for this case. Thanks for the recommendation!
Those photos are in no way comparable. The lighting in the OP's photos is harsher, and they're in focus, showing every hit in fine detail.
The photo from the OP that gives me most concern is the second-to-last obverse photo:
I see what look like parallel scratches parallel to a line from 10:00 to 4:00. I don't know how prominent they are, but the lighting in this shot is coming from 1:00 or 7:00, perfectly positioned to highlight them.
Magnified photos of dimes often make things look worse than they are. I don't know whether these scuffs will be enough to detail the coin, but I'd certainly expect them to keep it out of gem territory.
But I see what looks like strong luster in the fields, and I don't see shadows around the devices, which I'd expect to see if the whole thing had been polished. It might have been scrubbed, or it might have slid across a dirty counter or two.
I very much wish I could see the coin in person. Since I can't, I'd love to see what a TPG makes of it. (Especially since it's not my money being spent on grading, of course! )
You mean, any nice looking coin, with cleaning marks all over it?
Those comp photos are horrible. They look like they were taken through a fish tank. My photos are super high resolution and show EVERY detail of the coin.
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