The blow-up sure helps! I suspect that the light reflecting off this rim disturbance is making it look worse than it appears in-hand.
Doug, I agree with what you are saying about the grading due to the damage! However, I think that it is a file mark instead of a rim dent. It appears to me that someone filed off a section of the rim to see if it was 90% Gold all the way through or took to much off when testing the Gold in the coin for purity. Frank
Here's my lesson for the day ..... DONT DRINK & GRADE. I split a a bottle of wine with the Mrs. Saturday night when I gave my opinions on these coins. LOL ! BTW all are great pieces.
If it had been a file mark, and then are easy to see that they are file marks in person - the coin would never be slabbed. And it's not an adjustment mark either, those are always across the face of the coin, either obv or rev. Either way, truly surprised they gave it a 62.
Doug, I just don't see how a drop on most surfaces would damage the rim and leave such a noticeable indentation which is lower than the rest of the damage! Besides, from the pictures, it appears that there are file marks (striations) within this lower, indented area. Frank
I think what you are seeing is the remains of the reeding Frank. And yes, dropping a gold coin like this can result in such a dent.
I agree. You see very similar marks on Large Cents, too, and I've even had the pleasure of imparting just such a mark by dropping a large cent on a tile floor.
How sad. I've seen otherwise marvelous coins eliminated due to heinous adjustment marks. Why didn't they file the planchets tagential on the rims, where the atrocity would be less noticable ?
Because the coins were money - not collectable items. They didn't care what they looked like - just that the weight was correct.