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Guess the grade? 1704 Half Crown R2 in Seaby
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<p>[QUOTE="1865King, post: 8437798, member: 103207"]In my opinion it looks like an AU coin how they gave it a VF 35 is beyond me. </p><p><br /></p><p>A point on grading. You don't need to an expert on every series of coin to grade a coin. The only time that comes in play is when a coin is known for weak striking like the 1921 Peace dollar. Over time you can judge a coin's grade based on experience. The other thing to avoid is a coin that was bumped up a grade or two just because of rarity. </p><p><br /></p><p>About 10 years ago I saw at least 10 but likely a lot more 1877 Indian cents that were way over graded. I saw AG's being graded as G4 or G6. I saw coins that were actually a G4 or G6 being graded VG8 and VG10. This went on for about 2 years. PCGS did it. So just because a coin is rare isn't a reason to bump up the grade a point or two. That's actually ripping people off. That's because most people that are willing to pay for that rare coin know what the coin should look like at a certain grade level. Those that don't and bought the over graded 1877 Indians will have trouble selling their coin claiming the coin is a higher grade than it actually is. </p><p><br /></p><p>As far as the half crown. I would leave it in the slab and wait a year or two and crack it out and send it in again. Or take it to a major show, cover the grade and ask someone to look at it that specializes in those coins to give their opinion. If they call it an AU coin, then you know for sure that NGC messed up. However, before you do this tell the dealer you're not trying to sell the coin you're just looking for an opinion. </p><p><br /></p><p>I would also like to point out that both PCGS & NGC have made mistakes on the slab labels. I have a British proof set from 1927 that two of the coins have the wrong label on them. Both coins are in the set, but the labels were swapped. I have a few other coins with the wrong labels too. So, it's possible your VF 35 is a typing error, or the wrong label was put in your slab and your label was put into someone else's slab. This happens more often that people think. Also forget about quality control. The last inspection is by the person packing up the coin to send back to you and likely has no idea what they are looking at.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 8437798, member: 103207"]In my opinion it looks like an AU coin how they gave it a VF 35 is beyond me. A point on grading. You don't need to an expert on every series of coin to grade a coin. The only time that comes in play is when a coin is known for weak striking like the 1921 Peace dollar. Over time you can judge a coin's grade based on experience. The other thing to avoid is a coin that was bumped up a grade or two just because of rarity. About 10 years ago I saw at least 10 but likely a lot more 1877 Indian cents that were way over graded. I saw AG's being graded as G4 or G6. I saw coins that were actually a G4 or G6 being graded VG8 and VG10. This went on for about 2 years. PCGS did it. So just because a coin is rare isn't a reason to bump up the grade a point or two. That's actually ripping people off. That's because most people that are willing to pay for that rare coin know what the coin should look like at a certain grade level. Those that don't and bought the over graded 1877 Indians will have trouble selling their coin claiming the coin is a higher grade than it actually is. As far as the half crown. I would leave it in the slab and wait a year or two and crack it out and send it in again. Or take it to a major show, cover the grade and ask someone to look at it that specializes in those coins to give their opinion. If they call it an AU coin, then you know for sure that NGC messed up. However, before you do this tell the dealer you're not trying to sell the coin you're just looking for an opinion. I would also like to point out that both PCGS & NGC have made mistakes on the slab labels. I have a British proof set from 1927 that two of the coins have the wrong label on them. Both coins are in the set, but the labels were swapped. I have a few other coins with the wrong labels too. So, it's possible your VF 35 is a typing error, or the wrong label was put in your slab and your label was put into someone else's slab. This happens more often that people think. Also forget about quality control. The last inspection is by the person packing up the coin to send back to you and likely has no idea what they are looking at.[/QUOTE]
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Guess the grade? 1704 Half Crown R2 in Seaby
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