Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
MS-70 Overflow Poll
>
Reply to Thread
Message:
<p>[QUOTE="cpm9ball, post: 895870, member: 24633"]Doug,</p><p> </p><p>The point that I have been trying to make to the others is that no one can make a blanket statement like, <b>"There is no such thing as a perfect coin"</b>, because it is impossible to prove it.</p><p> </p><p>Are there coins in 70 slabs that have minute flaws? I'm sure there are! But let's look at it from the standpoint of the grader working for the TPG. If someone submits a green monster, the grader has just seconds to look at each coin. Naturally, you would expect that some flaws will get missed, but that doesn't mean that the TPG or the grader is cutting anyone slack just because they are a big account. If the grader should spot a flaw, the coin will be graded accordingly.</p><p> </p><p>I recall an incident at a local coin show about 5 years ago. One of the dealers who supposedly had 30+ years experience was ranting and raving that NGC goofed on a pair of 95W Eagles that he submitted. They gave both of them 69's when he said they should have received 70's. He said that he was going to send them back for review.</p><p> </p><p>Since I had never had the opportunity to see a 95W in-hand before, I asked if I could look at them. I pulled out my 10x loupe and looked at them carefully from every possible angle. I found five tiny breaks in the cameo no bigger than a pinpoint on one and four on the other. When I pointed out the flaws and suggested that he save his money because they wouldn't grade 70, he grabbed them from my hand and stammered, "Yeah, but the graders aren't supposed to take as long as you did in their examination!"</p><p> </p><p>Of course, one other statistic that we never see is how many coins go back to the grading room as a result of final review.</p><p> </p><p>In spite of all this, it is still my opinion that it is a waste of money to buy any 70.</p><p> </p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 895870, member: 24633"]Doug, The point that I have been trying to make to the others is that no one can make a blanket statement like, [B]"There is no such thing as a perfect coin"[/B], because it is impossible to prove it. Are there coins in 70 slabs that have minute flaws? I'm sure there are! But let's look at it from the standpoint of the grader working for the TPG. If someone submits a green monster, the grader has just seconds to look at each coin. Naturally, you would expect that some flaws will get missed, but that doesn't mean that the TPG or the grader is cutting anyone slack just because they are a big account. If the grader should spot a flaw, the coin will be graded accordingly. I recall an incident at a local coin show about 5 years ago. One of the dealers who supposedly had 30+ years experience was ranting and raving that NGC goofed on a pair of 95W Eagles that he submitted. They gave both of them 69's when he said they should have received 70's. He said that he was going to send them back for review. Since I had never had the opportunity to see a 95W in-hand before, I asked if I could look at them. I pulled out my 10x loupe and looked at them carefully from every possible angle. I found five tiny breaks in the cameo no bigger than a pinpoint on one and four on the other. When I pointed out the flaws and suggested that he save his money because they wouldn't grade 70, he grabbed them from my hand and stammered, "Yeah, but the graders aren't supposed to take as long as you did in their examination!" Of course, one other statistic that we never see is how many coins go back to the grading room as a result of final review. In spite of all this, it is still my opinion that it is a waste of money to buy any 70. Chris[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
MS-70 Overflow Poll
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...