Grade Opinion on this IKE??

Discussion in 'US Coins Forum' started by 19Lyds, Mar 1, 2012.

  1. 19Lyds

    19Lyds Member of the United States of Confusion

    I know what the TPG graded this puppy, maybe you do as well.

    Regardless of what you may or may not know, whats your opinion??

    IKE 1978 MS70 179949_02-35.jpg
     
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  3. rlm's cents

    rlm's cents Numismatist

  4. Lehigh96

    Lehigh96 Toning Enthusiast

    +1
     
  5. mikenoodle

    mikenoodle The Village Idiot Supporter

    I agree with them. MS-65
     
  6. Cazkaboom

    Cazkaboom One for all, all for me.

  7. krispy

    krispy krispy

    I'd give this coin a 64.

    Did you label the photo MS 70 as a joke or is this graded by some self-slabbing entity that slaps perfect grades on lower grade coins?
     
  8. Cazkaboom

    Cazkaboom One for all, all for me.

    Must be ICG. Redwin has a lot of those.
     
  9. ldhair

    ldhair Clean Supporter

    My first thought is MS-65 but the large image makes me wonder a bit. Maybe it's just the image but the obverse has a funny look to me. The dark areas are what make me wonder if the coin was worked on. The chin and neck have what looks like a tiny bit of rub but I'll guess that's just the plastic. AU-58 to MS-63.
     
  10. Urban_Lawyer

    Urban_Lawyer Half dollar nerd

  11. rodeoclown

    rodeoclown Dodging Bulls

    That sucker is better than a 70, I vote MS71 and 1/2 fo sho! :D
     
  12. 19Lyds

    19Lyds Member of the United States of Confusion

  13. Cazkaboom

    Cazkaboom One for all, all for me.

    How the heck did PCGS give that a 70???!!! :eek::mad:
     
  14. ldhair

    ldhair Clean Supporter

    Looks like I missed that one by a mile. It would be interesting to look up the cert#.
     
  15. 19Lyds

    19Lyds Member of the United States of Confusion

    Funnier things have happened in the past. However, PCGS has promised to contact Stacks-Bowers to address this specific offering. The coin is NOT in the PCGS Population Reports and its considered a "mechanical error".

    "Mechanical Error?" you ask.

    Yes, this stuff happens:



    2008-W First Strike Statue of Liberty 12124842 PCGS MS69 Slab ObvD.jpg Kennedy 1965 Slabbed as 1967 24066731 PCGS MS66 Slab Obv-15.jpg 2008-D Van Buren Labeled as James Monroe 13205489 PCGS MS65 Slab ObvD.jpg

    I have no idea how the above happened but they just did. Not everybody that works for PCGS is a professional coin nut. The folks that print labels ceratinly do not have to know what a coin grades and the folks that put the slabs together don't either. It's just a job for them.
    I guess if I handled 150,000 coins a month, I'd probably screw up every now and again. (Even the US Mint screws up! ;) )

    Hopefully, the coin will get pulled and hopefully this "mistake" won't create an environment of questionability behind the other high grade IKE's that actually deserve the grade. I don't think there is anything worse than a collector having to "justify" his/her collection.
     
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