I'd say NGC missed the most important issue with this coin!

Discussion in 'US Coins Forum' started by C-B-D, Jul 26, 2018.

  1. Insider

    Insider Talent on loan from...

    Jack D. Young, posted: "My example started as an obviously holed coin in an NGC holder, then after repaired detailed by PCGS. I assume "Tooled" includes "holed/ repaired"...

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    Jack, I would not assume that at all. IMO, PCGS had no clue the coin was plugged!!!
     
    Jack D. Young likes this.
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  3. Jack D. Young

    Jack D. Young Well-Known Member

    You are probably right, as they asked me later to send it in for "review" and updated label...
     
  4. Insider

    Insider Talent on loan from...

    LOL. Of course, they did. This is not the old days when authenticators were able to take their time with each coin. The TPGS are sweat mills and stuff must be done yesterday. Nevertheless, there is so much volume that it still takes a month to get a coin back. The dirty little secret is that turnaround time is often dependent on money paid. It is right there on the submission form.

    I've worked at places where coins were sent out as fast as possible with no fee scale and places were coins were held for shipment until a suitable amount of time had passed.
     
  5. Evan8

    Evan8 A Little Off Center

    I will say this about the half dime mentioned by the op. That is one of the best plug jobs ive seen. Most look like crap. I wouldnt mind too much owning a coin I really wanted plugged like that. JMO.
     
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  6. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    While I agree with the idea that the most detracting problem should be listed, if there are 2 major problems then I want to see them both. "Plugged, Cleaned" can both easily fit on a label.

    And to me, "holed and repaired" is a far more serious issue than "cleaned".
     
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  7. C-B-D

    C-B-D Well-Known Member

    I actually have a rare variety bust quarter that is cleaned, scratched, damaged, and tooled. Not sure it would all fit on the holder, haha! NGC called it F details. Cleaned.
     
  8. ilmcoins

    ilmcoins Well-Known Member

    Jack, Just curious if you did the repair yourself? It was a very good job and I personally have never attempted to repair a hole.
     
  9. Jack D. Young

    Jack D. Young Well-Known Member

    No, the counterfeiters made the repairs before making the dies and struck the fakes, then submitted the probable source for certification and resale.

    Fake:
    1854-o-fake.jpg
     
  10. Insider

    Insider Talent on loan from...

    physics-fan3.14, posted: "While I agree with the idea that the most detracting problem should be listed, if there are 2 major problems then I want to see them both. "Plugged, Cleaned" can both easily fit on a label. "

    "And to me, "holed and repaired" is a far more serious issue than "cleaned".

    :rolleyes: Of course it is for everyone except for the seller!

    While I agree and wish ALL problems were listed because each detracts, we won't ever get OUR wishes. It's bad for business. See C-B-C below for proof.

    If I were in charge, details grades would be educational. Right now, coins that fall on a scale of lightly cleaned all the way up to heavily polished can be found labeled as "cleaned." Who does that educate?

    C-B-D, posted: I actually have a rare variety bust quarter that is cleaned, scratched, damaged, and tooled. Not sure it would all fit on the holder, haha! NGC called it F details. Cleaned."

    Oh my. :facepalm: Image?
     
  11. C-B-D

    C-B-D Well-Known Member

    s-l1600 (30).jpg
     
  12. Jack D. Young

    Jack D. Young Well-Known Member

    This is an interesting post in my opinion! Insider's comments hit home as well, kind of "in the eyes of the beHOLDER"...

    I purchased a cool 1794 S-18b "head of '93" large cent with common environmental issue surfaces (for an early large cent) and pretty obvious planchet issues. The coin was holdered as "Environmental Damage G-Detail" with no note of the planchet flaw (Mint made); appearing slightly undergraded it was sent in for a "review" and reholdered as "Planchet Flaw F-Detail".

    Good for the owner (I am told it increased its value), but the same coin nonetheless.

    1794_S-18b.jpg
    S-18b-cert.jpg
     
    Pickin and Grinin likes this.
  13. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    These poor coins make me sad :(
     
  14. NSP

    NSP Well-Known Member

    Man, why did it have to be a B-9 (with the desirable arrowhead clashes to boot) that they decided to scratch and tool? Why couldn’t this have happened to a common 1818 variety instead?
     
    C-B-D likes this.
  15. Insider

    Insider Talent on loan from...

    C-B-D, posted: I actually have a rare variety bust quarter that is cleaned, scratched, damaged, and tooled. Not sure it would all fit on the holder, haha! NGC called it F details. Cleaned."

    IMO, the vertical line in the center of the obverse is an adjustment mark.

    Cleaned, scratched? Meh. The tooling is the major problem! They screwed up.

    That Large cent is still corroded (as are most) so leaving that off is a good thing. Damn, they missed the grade the first time also.
     
    Last edited: Jul 29, 2018
  16. Evan8

    Evan8 A Little Off Center

    C-B-D likes this.
  17. C-B-D

    C-B-D Well-Known Member

    That's why I had to have it.
     
  18. Gallienus

    Gallienus coinsandhistory.com Supporter

    They're also screwing up grading of Brazilain coins although they do it consistantly. Some are undergraded but right now the important types I'd like to buy are ridiculously overgraded. I know, I know, it really doesn't matter: they reset the standard on what an unc coin really is.
     
  19. Treashunt

    Treashunt The Other Frank


    yup, unc once meant no wear, today: what the market accepts
     
    Gallienus likes this.
  20. Bert Gedin

    Bert Gedin Well-Known Member

    Has anyone noticed the House of Fraser ad, on top of this page ? "THE LOBSTER RED SALE - GET SNAPPY, THERE'S 60% OFF." Accompanied by picture of a Red Lobster. After Clicking, "Snap up some clawsome summer buys", with moving Lobster. Ever heard of Lobsters being Scalded to Death for "human" "food" ???
     
  21. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    ‘Twas but a mechanical error :bag::cigar::banghead:
     
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