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PCGS Slabbed Indian Heads on ebay - overgraded?
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<p>[QUOTE="Mike1487, post: 1930066, member: 56511"]I've been collecting Indian Head Pennies for a few years now (young collector). I haven't had any of my coins graded yet, so I have no first hand experience with how coins that I've had in my hand measure up to the grading scale. However, I do consider myself very familiar with grades in general, and I love collecting errors and varieties.</p><p><br /></p><p>My question is why half the time when I am browsing ebay, I see a coin in a PCGS slab and I immediately think to myself, why in the world did this grade so high? I'm talking about VF-XF graded Indian Heads without a full LIBERTY. MS graded Indian Heads without all four diamonds and what sure looks like some wear to me. I'm aware that there are weakly struck coins, but can they really be that prevalent? Are half of the ebay auctions just dealers that are trying to pawn off their undesirable weakly struck examples?</p><p><br /></p><p>It always seems like the PCGS photograde pictures are thrown out the window when I see PCGS slabbed coins. It's almost like every coin is given 1 extra notch. What looks like a Fine gets a PCGS VF, a Very Fine looking coin ends up with PCGS XF, etc.</p><p><br /></p><p>Anyone have any insight?[/QUOTE]</p><p><br /></p>
[QUOTE="Mike1487, post: 1930066, member: 56511"]I've been collecting Indian Head Pennies for a few years now (young collector). I haven't had any of my coins graded yet, so I have no first hand experience with how coins that I've had in my hand measure up to the grading scale. However, I do consider myself very familiar with grades in general, and I love collecting errors and varieties. My question is why half the time when I am browsing ebay, I see a coin in a PCGS slab and I immediately think to myself, why in the world did this grade so high? I'm talking about VF-XF graded Indian Heads without a full LIBERTY. MS graded Indian Heads without all four diamonds and what sure looks like some wear to me. I'm aware that there are weakly struck coins, but can they really be that prevalent? Are half of the ebay auctions just dealers that are trying to pawn off their undesirable weakly struck examples? It always seems like the PCGS photograde pictures are thrown out the window when I see PCGS slabbed coins. It's almost like every coin is given 1 extra notch. What looks like a Fine gets a PCGS VF, a Very Fine looking coin ends up with PCGS XF, etc. Anyone have any insight?[/QUOTE]
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PCGS Slabbed Indian Heads on ebay - overgraded?
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