Just curious I have a coin rated by NGC but the obverse has spotting on it. How much does that hurt the coin or does it. NGC gives this one a MS65 what do you guys say about it's rating and the spots?
Depending on the date of certification and slabbing, they may not have been there when graded. These things can develop post slabbing. Z
I’m not sure on that. I get the impression that is true about silver but maybe not on clad coins, nickels and cents.
Sure they do. From NGC - "NGC will factor white spots into its grading of modern silver coins just as it does for black spots on copper coins and red spots on gold coins. Larger and more distracting spots will result in lower grades. Heavily spotted coins may receive an NGC Details Grade with an Environmental Damage notation." https://www.ngccoin.com/submit/coin...e spots,with an Environmental Damage notation. While this quote (and link) is specifically referring to milk spots (white spots), the important part here is what I underlined in the quote. Black spots and red spot count against the grade, and so do spots like the ones on the coin in this thread. Spots of any kind always count. Just like they do in what you find at this link - https://www.ngccoin.com/news/article/7501/learn-grading-plus-and-star/ "To receive a ★, coins must be free of any obvious planchet irregularities, and display no bothersome spots or blemishes." Again, spots always count against the grade.
Thanks everyone. I think maybe as someone noted the spots may have happened after the coin was graded. I have several Lincoln wheats that have a high grade but, they have black spots so as noted above this should have hurt their grade. Either they too had those come up later or the lesser known grading companies overlook those details. LOL
It's been my experience that the TPGs are really loose when they assign the MS-65 grade to SMS coins and even modern Proof coins. That's why I have often ended up buying PR-66 or even 67 coins in a lot of cases to get what I thought was attractive. For the very late issues, my grade is PR-69. Spots do lower the grade of these coins. If I were in the market for a certified 1965 SMS quarter, I would pass on the coin in the OP. I think it has too many spots for the grade.
