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<p>[QUOTE=&quot;Insider, post: 2753909, member: 24314&quot;]&quot;TypeCoin971793, posted: &quot;<span style="color: #0000b3">And this is why grading companies should not exist.&quot;</span></p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> Your profile says you are twenty and you may be a real cracker-jack numismatist already; however, you have a lot to learn. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie26" alt=":bookworm:" unselectable="on" unselectable="on" /></p><p><br /></p><p>The next time you are around some older men that were numismatists possibly even before your parents were born, ask them what the hobby was like in the 50&#039;s and 60&#039;s. You will get a better perspective of how far we&#039;ve come and the value of grading services for folks less informed than you may be.</p><p><br /></p><p><span style="color: #0000b3">&quot;It allows people with more money than brains to enter the hobby and ruin the fun for everyone else. It is no longer a hobby to appreciate the history and beauty of coins. It is just a game to see who has the highest number.&quot;</span></p><p><span style="color: #0000b3"><br /></span></p><p><span style="color: #0000b3"><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />&nbsp; </span><span style="color: #000000">This coin should have NO EFFECT on any collector&#039;s fun, or the appreciation of history and beauty of coins.&nbsp; In fact, some may think the coin IS beautiful. The only downside I can think of is the continual escalation of coin prices that has been going on with each passing decade. Past history tells me that this coin is just part of something that would have happened anyway! </span></p><p><br /></p><p>Lehigh96, posted:&nbsp; &quot;<span style="color: #0000b3">I think the coin is gorgeous and I&#039;m sure the luster is off the charts.&nbsp; That said, there are too many small ticks on the focal areas to warrant MS67+.&nbsp; For me this is a low end MS67.&quot;</span></p><p><span style="color: #0000b3"><br /></span></p><p><span style="color: #000000">The coin is very pretty.&nbsp; It has been commercially graded by several TPG&#039;s and then got a </span><span style="color: #006600">CAC</span><span style="color: #000000"> sticker!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" />&nbsp; These folks have put a value on it.&nbsp; Technically, and according to the ANA&#039;s grading guide, a coin with aa dozen obvious obverse hits, and two dozen on the reverse (estimates) should only be an MS-63! </span></p><p><br /></p><p><span style="color: #0000b3">&quot;What I don&#039;t understand is the hyperbolic vitriol being thrown at this coin in this thread.&quot;</span></p><p><span style="color: #0000b3"><br /></span></p><p><span style="color: #000000">It&#039;s easy, most of us are wanabe professional TPG&#039;s or have their ability and knowledge at the least.&nbsp; That&#039;s why we are very quick to look for errors they have made.&nbsp; IMO, this is a big one and deserves to be discussed.&nbsp; I&#039;ll bet if that coin were cracked and submitted to PCGS it would be downgraded and still get a CAC sticker (not gold).</span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000">In the 1970&#039;s, the first TPGS (INSAB) issued their grading opinion on a separate card from the authentication certificate photo because the Director believed grading was subjective.&nbsp; He welcomed the fact that the ANA started grading several months later as everyone was entitled to a second opinion.&nbsp; &nbsp; </span></p><p><br /></p><p><br /></p><p>jtlee321, posted:&nbsp; <span style="color: #0000b3">&quot;While I agree that the images I posted are very magnified, they still present the problems that would be easily seen under a 3x loupe under a grading lamp.&nbsp; Those problems are right in main focal areas and should not be missed by a professional grader.&nbsp; Heritage did not do any favors for the seller by including the high magnification images.&quot;</span></p><p><br /></p><p>IMO, Heritage posted magnified images to C their A.&nbsp; Any YN at Summer Seminar could tell the coin was over-graded by a mile. Those kids have sharp eyes.&nbsp; While the marks on that coin are not in the fields, a few are too large to be missed.&nbsp; </p><p><br /></p><p>&quot;cpm9ball, posted: &quot;<span style="color: #0000b3">Why would NGC give it a bump to 65 for color. I thought that is what the * is for. Besides, that color sucks.&quot;&nbsp; </span></p><p><br /></p><p>Color can raise a grade.&nbsp; It can also rate a * or +.&nbsp; In this case there grading error was maxed out, thus the *.&nbsp; Color is a personal thing.&nbsp; I think I side with your opinion on this one; however, that coin must be awesome to the naked eye - remember, these coins are graded w/o any magnification.[/QUOTE]</p><p><br /></p>

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