Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Should it have graded? If so, what?
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 2162393, member: 112"]Should the coin have graded cleanly ? No, the coin is corroded, that is beyond dispute. And corroded coins are not gradable. But there is even more to it than that. The coin has 2 long and wide gouges on the obv, plus 1 large scratch and several smaller scratches on the obv and rev. This, all by itself, also makes the coin not gradable. </p><p><br /></p><p>As for the reasoning that the planchets were corroded so corrosion doesn't matter, I strongly disagree with that reasoning. Why ? Several reasons: 1 - with all other coins a severely flawed planchet is undeniably reason enough to render a coin not gradable. And a corroded planchet is most definitely a severely flawed planchet. 2 - had the mint not been in such dire straits and the country not desperately in need of coinage at the time, the mint themselves would have rejected the planchets and never used them to begin with. So it was only due to extraordinary circumstances that these coins were ever minted on those flawed planchets. 3 - there is no way to say with any degree of certainty that all of the corrosion present on the coin, was present on the planchet. Much, and in some cases maybe even all, of that corrosion could easily have occurred after the coin was struck.</p><p><br /></p><p>This is why the basic rules of grading (determining what makes a problem coin a problem coin) exist, why they are what they are, and why they were established to begin with, all long before the TPGs ever existed. But the TPGs have chosen to disregard the basic rules of grading whenever they see fit to do so, and to follow them whenever they see fit to do so. And the only reason they do this is to keep their customers happy and maintain their bottom line.</p><p><br /></p><p>That is not fair and accurate coin grading, which is what they are supposed to be doing. That is pacification.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2162393, member: 112"]Should the coin have graded cleanly ? No, the coin is corroded, that is beyond dispute. And corroded coins are not gradable. But there is even more to it than that. The coin has 2 long and wide gouges on the obv, plus 1 large scratch and several smaller scratches on the obv and rev. This, all by itself, also makes the coin not gradable. As for the reasoning that the planchets were corroded so corrosion doesn't matter, I strongly disagree with that reasoning. Why ? Several reasons: 1 - with all other coins a severely flawed planchet is undeniably reason enough to render a coin not gradable. And a corroded planchet is most definitely a severely flawed planchet. 2 - had the mint not been in such dire straits and the country not desperately in need of coinage at the time, the mint themselves would have rejected the planchets and never used them to begin with. So it was only due to extraordinary circumstances that these coins were ever minted on those flawed planchets. 3 - there is no way to say with any degree of certainty that all of the corrosion present on the coin, was present on the planchet. Much, and in some cases maybe even all, of that corrosion could easily have occurred after the coin was struck. This is why the basic rules of grading (determining what makes a problem coin a problem coin) exist, why they are what they are, and why they were established to begin with, all long before the TPGs ever existed. But the TPGs have chosen to disregard the basic rules of grading whenever they see fit to do so, and to follow them whenever they see fit to do so. And the only reason they do this is to keep their customers happy and maintain their bottom line. That is not fair and accurate coin grading, which is what they are supposed to be doing. That is pacification.[/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
>
Should it have graded? If so, what?
>
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...