1941 WLH, MS-62??????

Assuming it wasn't netted I don't really agree with the grade which I think I mentioned in the other thread. That said from many of the criticisms that have been posted of the TPGs and grading hardlines that some seem to want this one appears to have been graded generously by the standards some advocate for.

I would have assumed that someone would be excited for a coin to grade higher than some of their critical comments indicate it should

 

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If it had circulation wear, then I would wholeheartedly advocate for AU-58. Since I do not believe this coin to have circulation wear even under 10x magnification, why should I be labeled as a hypocrite for not thinking this is an overgraded AU? I still think this coin is undergraded.

But the grade is irrelevant at this point. I am not resubitting it, and I am not selling it.

 

As I said before friction is friction. It's either okay or it isn't. I'm fine with touches of it as long as the eye appeal is there as I think the grading scale that has two scales on top of each other is silly.

What is supposedly circulation wear? Circulation coins get treated in billions of ways. Hardlines don't work for grading which hopefully you have realized from this one.

 

So every single BU Morgan with bag friction (which is most of them) is an overgraded AU? Even though they never circulated? If not, then you are the one operating at a double standard.

 

I've never advocated for the any friction is AU standard. I've consistently said the grading scale should not have a hard line. I was just applying your standard to it

 

64/65 compared to other Walkers with the same grade.
Are they purposely doing this to get resubmissions?
That would be insidious, cheap and dishonest.

 

Should be 64 min...she now has incurred more grading fees than she's worth...what a drag. PCGS would be kinder to her.

 

It's a beautiful coin. It's about the coin, not the slab.

 

62 is fairly low. I could see 63 or 64. But hey, you could resub, cross, or CAC.

 

Yeah, but the slab dictates the value. No matter if they are wrong or not.

I’ve sunk enough money into this coin. It is staying as it is. It will stay my example of a grossly undergraded coin.

 

This is the exact reason I avoid 62-63s that look way better than 62-63s. I've learned my lesson trying 3 times even with one coin and getting 62 everytime at both NGC and PCGS (might have even got a 61 once memory is hazy). I saw no wear and the luster was okay but SOMETHING was consistently having them net it that's why when a 62 looks too good to be true it probably is. If I'm buying a 62 it better have contact marks to warrant it which sounds like the opposite of normal lol

Why did you even resubmit this one though? Even if it jumped 3 grades to a 66 it would barely pay for itself right?

 

And so it goes. Another dispute over the grade of a coin. Wouldn't it be nice if we had some verifiable measures of such things as wear, reflectivity, and number and type of dings to allow us to get an idea of the condition of the coin?

 

Oh, it pays for itself alright if it graded MS-65. When I first got it, I figured the grade of MS-63 was given because they were being harsh on the field mark to the right of Liberty. But I had seen some worse marks in higher-grade holders, so I thought I’d take the gamble. I was sending in some coins that had guaranteed large returns, so I figured no harm in trying.

 

We do! They are called the ANA grading standards. The TPGs ignore them because they are the “experts” and can do whatever the heck they want. Sumbitting to the TPGs is much more like gambling than it really should be. I’m done giving them my money for such rampant inconsistency.

 

There are no ANA grading standards. Their book is just reporting the standards the market was using. It even tells you in the book. At no point has the ANA assembled a counsel to come up with published grading standards

 

What I don't understand is why you had it regraded. Surely the coin isn't worth enough to be in a slab whether it's 62 or 63. Am I wrong about that?

 

It’s worth it if it grades MS-65 or higher, like I originally thought it would. I don’t understand your confusion.

But another point of this thread is to show that the TPGs are inconsistent. A 63 should remain a 63, right? Nope!

 

How could such an expert as yourself be so wrong?

 

I know you guys disagree and have this back and forth going, but typecoin is actually a very good grader. He's done a lot of submissions with me in the past, and I follow him on some Facebook coin groups. He is quite good.

 

Very disengious to break ones own stated standards when it comes to making money on an upgrade.

Either way good doesn’t mean professional level anyway