This is one of those what the ??? situations. Nice coin submitted via Teletrade to PCGS, comes back two plus months from grading called "machine damage". What a bummer. I thought it would grade around 65 for sure. Anyone have thoughts on this? http://www.teletrade.com/coins/lot.asp?auction=3230&lot=1406
It is a nice looking coin, but should have been pre-screened more strictly before submission, especially if hoping to eek out a gem grade. Being as uncirculated late Walkers can often be picked for relatively small premiums above melt, the profit potential for the right coin can be tempting and is all the more reason to err on the conservative side. Its too easy to become buried when submitting such coins. Minus the genny issue, I personally feel that a 65 was hopeful thinking at best. This is more than likely an example that would have sold raw both quickly and profitably (assuming this was your intention and the price of admission was low). I do hope you come out in the black on this one though.
I'd see if I could return it, although I have to say the damage on the reverse is fairly obvious, even to the casual observer.
Okay from the photos I see on teletrade, my eyes are bad today, but I think it may be a DDR on the motto? Also I can't find the designer's initials on the reverse.
Unbelievably anal of PCGS, frankly. My guess they have some sort of screening machine that kicked it out to deny a numerical grade. My only option now is to let it run, pay the grading fee to Teletrade, get the coin back and either resubmit it to a different service or see if the original dealer would give me some money back on it, something that is not his problem IMO.
It's right on the eagle's breast feathers, immediately below his neck. I spotted it right away when looking at the reverse picture. If you blow up the picture, it's even easier to spot.
Umm. I think the damage is pretty obvious. It's like someone took a file to the coin. I think it'd be awful if this coin was "tested" for silver plating...
