Featured Should a significant mark in a prime focal area prevent a gem grade?

Discussion in 'Coin Chat' started by Lehigh96, May 29, 2010.

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Should a significant mark in a prime focal area prevent a gem grade?

  1. YES

    85.5%
  2. NO

    14.5%
  1. zzlitch

    zzlitch New Member

    I agree, I think the 64 should have received a 64+FS grade at best.
     
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  3. Derick

    Derick Well-Known Member

    Rules are rules.

    MINT STATE/PROOF-65 Minor marks/hairlines though none in focal areas, above average strike
     
  4. Texas John

    Texas John Collector of oddments

    I know it's pointless to rail against reality, and the only thing that's permanent is change.

    Nonetheless, as a collector who started with a Whitman Lincoln cent folder I got as a Christmas present when I was five, I say this: Hair-splitting grading of the sort being discussed here ultimately benefits the people who split hairs for a living, and even they don't do it consistently.

    I've been forced by fakers and frausters to collect "certified" coins, because their ability to cheat exceeds my ability to detect it, but I focus on coins graded at or around AU 58. Many of them are more appealing visually than MS 60whatever coins that sell for many times as much, and I don't have to engage in debates like this one.
     
  5. TypicalCreepahx

    TypicalCreepahx Hello There! ( ͡⚆ ͜ʖ ͡⚆)

    Well of course because the grade depends on how much wear and damage it has on the coin. if a coin has a big dent or scratch it's still part of the coin.
     
  6. Engelhardian

    Engelhardian New Member

  7. loki6793

    loki6793 New Member

    where can you get a scratch removed???
     
  8. JPeace$

    JPeace$ Coinaholic

    Photoshop or a similar editing software.
     
  9. C G Memminger

    C G Memminger Active Member

    There is an element of subjectivity in grading. It's unavoidable. How many nicks and scratches? How severe? Where are they? a wart of the lady's NOSE is WAY worse than a wart hiding in the bird's tail feathers.

    If you pulled a thousand 1880-S Morgans slabbed 64 (or 65 or whatever) by PCGS, and studied them carefully, you would be impressed with how consistent the graders really are. Will there be a few obvious over-grades? yes. obvious under-grades? yes. but we would be talking about 10 out of 1000.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    That depends on what grading standards you base the over-grades on. Especially since PCGS doesn't even follow their own written and published grading standards.
     
  11. C G Memminger

    C G Memminger Active Member

    I understand. For me, I look at Morgans like the US Supreme Court once looked at the definition of pornography.."I know it when I see it."

    I missed a grand slam a few years ago with a beautiful 1891-CC Morgan. Bought it for $600. Cheek clean as a whistle, two tiny scratches in open field (maybe 2mm in length), wonderful patina. Had 65 and $4000+ written all over it. Came back 64+. I was tempted to crack it open and send to NGC. Before the coin arrived from PCGS, a dealer buddy made me a solid offer, and I bit. He sent it to CAC, hoping for the elusive gold hologram. Nope...he got a greenie.

    So...if the mis-grade seems obvious, and makes a significant $$ difference, crack the slab.
     
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