Coins with scratches on an NGC coin

Discussion in 'Coin Chat' started by Dimedude2, Jan 14, 2018.

  1. Dimedude2

    Dimedude2 Member

    Last year I got a 1921 standing liberty quarter, graded VF20 in an NGC holder. A nice coin, a key date, but... after I bought it I noticed a scratch at the middle of the obverse going through the drapery from 11 o’clock to 5 o’clock. Perhaps I got excited about finding this tough date. The scratch goes between 5 to 10 percent of the diameter. Without a 7x loupe you can see it but it’s not too bad, but with the loupe it’s there. The scratch looks pretty old and blends in with the coin.

    Generally speaking, For a certified VF20 coin, how often would you see a scratch of that magnitude?
     
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  3. physics-fan3.14

    physics-fan3.14 Senior Member

    You have been here long enough to know that we can't tell you any real information without pictures. Even if they aren't great, give us something.
     
    Beefer518 likes this.
  4. Dimedude2

    Dimedude2 Member

    Will do, My question however was general. I will have it tomorrow
     
  5. physics-fan3.14

    physics-fan3.14 Senior Member

    Generally, scratches are bad!

    But we both know that there is a lot of variation and subtlety in that.
     
  6. 19Lyds

    19Lyds Member of the United States of Confusion

    It really depends upon how obvious the scratch might be.
    I had an IKE Dollar that I purchased off of Teletrade that, upon closer examination, had an "X" scratched into the reverse. It was a 1971 that was graded at MS65 which, at the time, was a several hundred dollar coin. $240 specifically. The coin is pictured in all its glory on the PCGS CoinFacts site under cert number 12493268.

    IKE 1971 12493268 PCGS MS65 Damage.jpg

    I sent it back to PCGS and they simply downgraded the coin and mailed me the difference in price from a 65 to a 64. Technically it was still scratched but it was not 'obvious' and as such, still marketable which is what professional coin grading is all about. Marketability.
     
    Last edited: Jan 14, 2018
  7. Dimedude2

    Dimedude2 Member

    F5012D9E-C7C4-4C81-B21B-167D85D644C9.jpeg A6A488D4-7A65-4353-B535-5AA747699C86.jpeg Ok here is a pic I took from my iPad...
     
  8. Mainebill

    Mainebill Wild Bill

    I can’t see it in those pics. I just see a nice original slq ngc is usually super tough on scratches while pcgs will often straight grade a old toned over scratch if not too serious especially on early stuff
     
  9. Beefer518

    Beefer518 Well-Known Member

    I think the TGP's use a 5x loupe, and if it's not noticeable without the loupe, and looks to be 'old enough' they'll let it slide. Or, the grader missed it.

    EDIT: I reread the OP's post, and then looked again at the coin. it is a noticeable scratch if you're looking for it, but it sort of blends in with the drapery, so they may have not hit it as hard as they would say a scratch across the cheeks on a Morgan. I dunno.
     
  10. Dimedude2

    Dimedude2 Member

    Here is the scratch. Fyi 348848B4-7C17-4052-87E2-925C11408CA9.jpeg
     
  11. Mainebill

    Mainebill Wild Bill

    Ah ok. It does blend with the drapery. I can see why it straight graded now
     
  12. Michael K

    Michael K Well-Known Member

    Overgraded at VF-20.
    The reverse is about F-12 IMO and even if the obverse is a little better (F-15)
    it can't net grade at 20.
    I can't see the scratch very well. But if it is a bad scratch through a loupe I would grade it F- details.
    I like the series and I realize it might grade better because they wear easily.
     
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  13. Dimedude2

    Dimedude2 Member

    Well NGC graded it at vf20. These have also always been difficult to grade. But it is a low end vf20 imo.
     
    Michael K likes this.
  14. Dimedude2

    Dimedude2 Member

    Well NGC graded it at vf20.
     
  15. baseball21

    baseball21 Well-Known Member

    That scratch is fine for a coin that circulated that much, if it was AU or better that’d be a different story
     
  16. mikenoodle

    mikenoodle The Village Idiot

    That scratch is acceptable at a VF grade.

    When I bought my first 1914-D Lincoln Cent I noticed a scratch on the reverse. I told the seller that i would have the coin graded and that if it straight graded, I'd keep it, otherwise I would return it and he would pay the fees.

    It straight graded F-15.
     
  17. Dimedude2

    Dimedude2 Member

    Thanks very much for your feedback on this. It was not a total mistake but should have looked a little closer.
     
  18. heavycam.monstervam

    heavycam.monstervam Full-fledged Vam-pire

    If you wouldnt mind sharing with the rest of the class @Dimedude2 .....
    How much dough, did you throw down for that example???
     
  19. mikenoodle

    mikenoodle The Village Idiot

    The fact that the coin is a 1921 and therefore a key date is also a reason for the TPG to be less strict.
     
    Dimedude2 likes this.
  20. Michael K

    Michael K Well-Known Member

    Did not realize that and I agree with what you said.
    What I don't agree with are the graders bias in that area.
     
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  21. Dimedude2

    Dimedude2 Member

    Michael K - I saw similar appearances in PCGS and NGC 1921 SLQs.
    Then again, maybe I should give up and get on Nutrisystem.
     
    Michael K likes this.
  22. baseball21

    baseball21 Well-Known Member

    Early SLQs are graded differently in terms of wear. As far as scratches they did happen in circulation especially these smaller ones in the lower grades.
     
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