Did PCGS screw up grading this coin?

The grade PCGS gave this coin is MS70.

It’s a 2021 D Morgan.

But it looks like there is a scratch through the first L in dollar.




To be clear I don’t know if this scratch is on the coin itself or the inside plastic.

I also know PCGS allows for MS70s to have some “as minted defects” so maybe that’s what it is?

 

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Could be a Die Crack. That won't affect the grade.
But if the sender didn't pay for the attribution they would not state it on the slab.

 

Looks like it to me and they just let it slide,possibly a crack.

 

Ahh fair point. I definitely didn’t pay for any attributions or varieties because I didn’t even know any existed. xD

I tried looking closer at it with a loupe to see if it was a scratch on the inside of the plastic or something like that but my results were inconclusive.

 

Well one good thing is at least PCGS guarantees their coins so if it is indeed overgraded at least I can send it in to PCGS for free and have them replace it with a legit MS70.

 

Looks raised so probably a die crack and you didn’t pay for that attribution so not noted on the label. They did fine and I would by concerned about it but I would note it myself.

 

That's what I told her

 

Well darn. If it's a die crack then the guarantee doesn't apply since PCGS says about MS 70:

"The PCGS 70 grading standard does allow for "as minted" defects, as long as those flaws are minor and do not impact the eye appeal of the coin."

 

The rim seems to be having some technical difficulties from 4 to 5 o clock. As already said errors don't effect the grade until they are distracting, I would rather call that one interesting, and is as struck.

 

How about negotiate a fee to resubmit it to PCGS for attribution and reholdering? I wouldn't be the least bit surprised if someone would pay a premium for it.

I'll take Etsy for $5,000 Alex.

 

Yeah I noticed that too when I looked through the loupe! The crack (or whatever) goes down to the rim and then along the rim and I can't think of any possible way for a scratch to do that so I think I agree with everyone that it's an "as minted defect" rather than "post mint damage".

 

Good call. Almost looks like a delam on the rim.

 

Lol that's too much hassle for me. I think I will just sell it as is and add a disclaimer that the buyer should look carefully at the coin since the MS70 is PCGS's grade not mine.

I don't want someone to buy it and then return it because of the die crack so if I add a disclaimer that I don't grade coins and that MS70 is PCGS's grade it should prevent that from happening.

 

Is that bad? I hope not. The "D" is the most expensive of the Morgans and I was hoping to sell it for a price similar to other MS70 "D" Morgans.

Apparently the "D" mint Morgans had the most problems from coins popping out of the capsule to scratches and all kinds of problems like that.

 

But with an attribution bringing attention to the 'as minted defect' you might be able to sell at a premium. Someone will want it. Especially in MS70.

 

But doesn't someone have to first publish information about it before they can attribute it?

Or are you just talking about them adding a "die crack" attribution?

I know I have a 1921 Morgan with a die crack and that isn't on the label either.

 

No, someone will buy it for what it is especially this early in the game.
Definitely keep it in the slab. I would imagine that in the bottom of many a mint bag is slag from laminations, strike thru's, filled collars, etc.

 

I took one look at that coin and then typed what it looked like to me. I didn’t take time to read anyone’s comments. Not trying to intrude or copy you in any way Paddy.

 

Alright thanks! I’ll leave it as is.

I just had someone on the PCGS forums offer to buy this coin and a 70 P mintmark Morgan and I made sure to let him/her know about this die crack or whatever it is since I’m sure most people would be upset to buy this coin as a 70 and see that even if it happened at the Mint.

I also showed my mom who knows nothing about coins and she thinks it’s the inside plastic that is scratched.

Does anyone know how to take good closeup photos for help in identifying what is going on?

 

Sell it as a desirable error!