Disappointed with NGC on this one

Discussion in 'US Coins Forum' started by clembo, Jun 6, 2008.

  1. clembo

    clembo A closed mind is no mind

    Hey folks,

    Going to list some NGC slabs this weekend. The boss at the shop gave them to me on "consignment" as it were.

    Just took them without looking.

    Now I know my scans aren't always the best but this one really irritates me. A 1951-S Lincoln slabbed MS65RD by NGC.

    The coin IS red and it does have great surfaces however the reverse has glaring carbon spots in my opinion. I would put this coin more in the MS63 range.

    Thoughts?

    http://i182.photobucket.com/albums/x275/clembo1872/scan0008-3.jpg

    http://i182.photobucket.com/albums/x275/clembo1872/scan0009-3.jpg

    clembo
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. ldhair

    ldhair Clean Supporter

    Is this possibly in an early NGC slab?
     
  4. mark_h

    mark_h Somewhere over the rainbow

    I thought carbon spots hurt eye appeal and not the grade? Besides I know NGC is not perfect - nor are any of the rest. Just my own opinion on that.
     
  5. rotobeast

    rotobeast Old Newbie

    I'd say the spots developed over time, after being slabbed.
    It happens quite often.
     
  6. rlm's cents

    rlm's cents Numismatist

    Clembo,

    Your scans are a little small for me to see it well, but I would have guessed 64. However, that is today. What you do not know is what it looked like when NGC graded it. That is one of he problems with copper.
     
  7. Arizona Jack

    Arizona Jack The Lincoln-ator

    Yeah, it's a little short on the eye appeal. It happens.
    Do you have a reserve or is this a .99 center? It won't bring alot even if nice, in a 65 slab, everybody wants 66.
     
  8. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    I'd guess they developed in the slab.
     
  9. Phoenix21

    Phoenix21 Well-Known Member

    That's what I think too. Copper is very "tempermental" IMHO, tough to keep nice. What I hate is the corrosion that will sometimes develop on a coin over time, because it got in contact with it some time in the past. :mad:

    Phoenix :cool:
     
  10. clembo

    clembo A closed mind is no mind

    I appreciate the input guys.

    Not sure how long ago it was slabbed but I'm sure it wasn't that long ago. My boss turns this stuff pretty quickly.

    I'll have to check out the whole box but the six I took home were not all like this. Just the one.

    Surfaces are nice as I said but the spots REALLY detract from the overall appeal. Buy the coin NOT the slab applies here. I wouldn't buy this coin but I'm selling it! Go figure.

    I have put a "I'll take offers on it" though in case anyone was wondering. I'm obviously not proud of this coin.

    I DO know this was part of a "bulk submission". I have a few more 65 and some 66 that look MUCH better than this one.

    Once again,

    Thanks for the input guys.

    clembo
     
  11. Mark Feld

    Mark Feld Rare coin dealer

    Carbon spots absolutely can and should affect the grade of copper coins, sometimes considerably so.
     
  12. Bonedigger

    Bonedigger New Member

    If they appeared in the slab, then the slabing material has some problems/issues or perhaps whatever the wash used was; as has been discussed here in the past.
    http://www.cointalk.org/showthread.php?t=11558

    The affects on silver may be attractive, but on copper they (the same dip or treatment) may be disastrous.

    Take Care
    Ben
     
  13. Jersey

    Jersey Senior Member

    You can send it in for a re-grade I think. Or am I wrong?
     
  14. scottishmoney

    scottishmoney Buh bye

    Which is another reason I believe slabbing especially some coins with more corrosive metals long term is a BAD idea.:eek:.

    I am plotting liberating Queen Wilhelmina from her plastic tomb soon, she is on an 1897 Netherlands 10fl coin, nice coin, lousy slab that makes viewing HRH rather difficult. I will take pictures and detail how she got liberated from the snawrful slab.
     
Draft saved Draft deleted

Share This Page