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<p>[QUOTE="Lehigh96, post: 4531348, member: 15309"]Have you never seen a coin that was undergraded? I know we collectively like to tease the TPGs for overgrading, but they certainly make mistakes in both directions. Sometimes they call roll friction on Liberty's leg wear and grade a mint state SLQ AU58.</p><p><br /></p><p><img src="https://i.imgur.com/vc6gDpP.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="https://i.imgur.com/1YYO9TR.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Other times they simply undergrade the coin from a numerical standpoint. I bought this Jefferson Nickel for $12, cracked it, and resubmitted it for a 2 point jump and full steps. We can blame some nefarious change in grading standards or we can look at the coin and see that the original grade was punitive and incorrect based on NGC's own standards. I used my knowledge of their standards to identify a coin that was severely undergraded and resubmitted it to make a tidy profit.</p><p><br /></p><p><img src="https://i.imgur.com/RGTcFkF.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="https://i.imgur.com/YAMZYr9.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 4531348, member: 15309"]Have you never seen a coin that was undergraded? I know we collectively like to tease the TPGs for overgrading, but they certainly make mistakes in both directions. Sometimes they call roll friction on Liberty's leg wear and grade a mint state SLQ AU58. [IMG]https://i.imgur.com/vc6gDpP.jpg[/IMG] [IMG]https://i.imgur.com/1YYO9TR.jpg[/IMG] Other times they simply undergrade the coin from a numerical standpoint. I bought this Jefferson Nickel for $12, cracked it, and resubmitted it for a 2 point jump and full steps. We can blame some nefarious change in grading standards or we can look at the coin and see that the original grade was punitive and incorrect based on NGC's own standards. I used my knowledge of their standards to identify a coin that was severely undergraded and resubmitted it to make a tidy profit. [IMG]https://i.imgur.com/RGTcFkF.jpg[/IMG] [IMG]https://i.imgur.com/YAMZYr9.jpg[/IMG][/QUOTE]
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