MS69 with a gouge on coin?

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they even have diffrent kinda of moonshine too !!!

 

I'd try working with the dealer first because I would think it would be less involved. Did you purchase it from Coin Mart or Modern Coin Mart?

 

It's not a 69 to me. I agree it's overgraded. And I'll wager NGC does not downgrade it and send a guarantee refund.
Lance.

 

Modern Coin Mart has agreed to replace this coin. It is being mailed back to them today.

 

Perfect! I'm glad to hear they are doing the right thing. I have always found them to be a "stand-up" dealer. Just as an aside, if you are in need of a raw ASE that has very few flaws, I have had good luck with Mint Products. I think they must really inspect the coins before they ship them.

 

These are absolutely coins. They are issued from the US mint by an act of Congress with a stated face value and are legal tender...they are coins. I know that a few have circulated, although it's rare. They were never meant to be circulated...but some have been and it's perfectly legal to do so. They are coins...period.

 

So your telling me that Mr Ed was really Fido? Hey I think I know the guy who carried that 50 Dollar gold piece around.. Old Coot who used to live back in the hills of PA.

 

is it this guy???

 

Def. not ms69. I have seen ms70's that arent even ms69. I dont know why some people are shocked when a coin is off-graded. Graders aren't perfect, nor god. They are people, and people do make mistakes, and it is common if you come in contact with enough slabs.

 

I got ahold of one this way. Older woman paid with one at the store and my cashier took it cause she had no clue what it was and it said "one dollar" on the back.

 

You are correct...as you often are. However, in a legal sense they are coins.

 

Well, we have ASEs that are marked with a face value of $1, and AGEs marked with face values of $5, $10, $25 and $50. I'll certainly grant that they aren't "intended for circulation" -- but it's perfectly legal (if foolish) to spend them.

We also have contemporary Kennedy halves. They aren't intended (or issued) for circulation, either. But you can certainly spend them as well.

Half-cents don't circulate any more, and you'd have a hard time spending one. Have they at some point become "not coins"?

I suppose you can call Eagles "NCLT" if you like, but I think you're over-parsing. If they're US legal tender, small, round, and made of metal, they're coin-like enough to make no difference.

More to the point, the US Mint itself refers to AGEs and ASEs as "coins". If it's good enough for them, I think it's probably good enough for most of us.