Grade the 1909-S Indian Cent

geez, I'd say 40 MAX...

 

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The wear pattern on this coin seems a bit odd. The diamonds look XF to me, but the headband and cheek show wear of a VF. I would have called the coin a VF-35.

 

wow, they definitely slipped on this one.

 

Very frustrating to see this..........Happy for you AJ, with vf $'s in a 09 s IHC that comes back as xf45 you may come out well. I recently purchased a very nice 08 s with hints of luster throughout. I feel like it's an xf 45; but if you want to send it in for me, maybe it'll come back a 53-55.

 

there is no need to sell raw coins any more. your secret partner in PCGS is giving you good grades i would buy the A 380 while prices are cheap

 

They certainly have made me look twice on a cpl submissions. I cannot believe the loose grading on SOME of my coins, and the accurate grades on others......

My 2 09-SVDB both came back AU-55, exactly as expected, but 3 1910-S came back tight but technicaly accurate....and they beasted me on a cpl 1924-D's, lower grades than expected.

This 09-S Indian blew my mind. I bought it from Hunstman53 as a nice VF, and will discount it on my site, OR, let it fly on the bay with GOOD pics.......it's ethics time again folks....what would YOU do with this windfall?

 

put it on ebay, Very good pics, and sell it with out any mention of the slab.

 

I agree with snaz. Starting bid of what you paid plus slab/ebay fees. When they get the coin they will be very happy and leave great feedback.

 

sell it on Ebay as under-graded.

heh, JK - but I would put up some very good pictures.

 

I would start a contest and give it to the winner

Regards,
S

 

Well I disagree with removing it from the slab. There is nothing wrong with it being in the slab and selling it that way. I would recommend that you sell it in an auction start it at what you need to make a little money, include in the auction that you think it is overgraded. Then let them go at it. In my opinion the coin is easily VF35 to XF40 - and we can argue all week long on weak strike versus wear. There is nothing ethically wrong with telling the truth in an auction and letting people go at. I bet you sell it at XF45 money.

 

XF 40 minimum.

 

Well gang, I went straight to the expert on this one, Rick Snow. His thoughts? $&*#$()@)( ##**&() @@^&^^O ((**^*@#

LOL




I'll leave it slabbed for authenticity purposes, and after I sit on it a bit, I'll list it and include my opinion that it is overgraded.

 

But that won't stop someone else from profiting from the overgrade .
rzage

 

I'm with Doug as long as it's in that slab someones gonna mzke money off their overgrading , or send it back to PCGS and make them give you the difference , then donate the money to your fav charity .
rzage

 

I'd crack it out, and send it back. If you get a MS grade, then I'd switch to NGC. But seriously, when you get ready to sell it, I'd crack it out, and resend it, or just keep it raw. I can see your stuck between a rock and a hardplace, as why spend the extra $20 to get re-slabbed, but it'll probably come back at you later on down the road. Best of luck with whatever you decide man. :thumb:

Phoenix

 

I dont know gang, I have an NGC XF-45 BN and I think after looking at the two, this one is a tad nicer. Is NGC blowing it as well? Mine is in an older slab as well.

 

Too me the answer is yes for, the 1909-S and the 1877 IHC. The key is the weak strike versus wear. This 1909 is better struck than mine, but on mine you can see the weak strike. On a weak strike just very little wear can make a coin look grades lower than it should really be - so PCGS and NGC bump them some. While this coin is not XF45 in my opinion I have no problems saying it is a XF40. So how do you tell weak strike versus little wear and a lot of wear - I am not sure. In this case this is only PCGS opinions.

I also think Jack does nothing wrong if he lists it and says he thinks it might be overgraded. Let the buyer determine this - if nothing else PCGS guarantee does provide the buyer a little protection. So if he gets XF40 or even XF45 then someone has determined the coin is worth that much. If a listing contains "truthful" information there, then buyers have been informed. Buyers need to take some responsibility somewhere along the way. If someone calls this unethical - then for every coin you bought at a lower price and it graded higher, then go back and re-imburse the seller. And all you sellers - if you sold a coin for more than it was worth, then go return the money to the buyers.

Let me tell you I bought a 1882 IHC for $100 dollars and if it sells for $1500(as currently) listed, I will not feel one bit guilty about it. That is the thing with auctions - try to get them at the best possible price.

I think I am done.

 

huntsman53 do you have any 1804 dollars going cheap? AJ has given you a solid recommendation