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Slab grade follies – from EF-45 in 1974 to MS-65 today
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<p>[QUOTE="johnmilton, post: 5971891, member: 101855"]The reason I say that the rim issues on the first piece are post mint damage stems from the fact that the one on the reverse at 6k has a hunk of metal that appears to be above the surface. If that had been there when the coin was struck, the die would have flattened it. The dentiles are really mangled in that spot. </p><p><br /></p><p>NGC has issues sometimes with very expensive coins. When I was shopping for a 1796 No Stars Quarter Eagle for my type set, an NGC coin was available at one of the Baltimore shows. It was graded AU-55, but it had a lot of issues. I heard comments from several dealers on the floor that the piece was over graded. This coins draw attention when they appear at a bourse. The coin was priced much higher than this one at $175,000. </p><p><br /></p><p>For the record, the 1796 Quarter Eagle in my collection is NGC graded, so I am not rejecting the brand name. All I am saying is that you need to look at every coin on a case by case basis.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5971891, member: 101855"]The reason I say that the rim issues on the first piece are post mint damage stems from the fact that the one on the reverse at 6k has a hunk of metal that appears to be above the surface. If that had been there when the coin was struck, the die would have flattened it. The dentiles are really mangled in that spot. NGC has issues sometimes with very expensive coins. When I was shopping for a 1796 No Stars Quarter Eagle for my type set, an NGC coin was available at one of the Baltimore shows. It was graded AU-55, but it had a lot of issues. I heard comments from several dealers on the floor that the piece was over graded. This coins draw attention when they appear at a bourse. The coin was priced much higher than this one at $175,000. For the record, the 1796 Quarter Eagle in my collection is NGC graded, so I am not rejecting the brand name. All I am saying is that you need to look at every coin on a case by case basis.[/QUOTE]
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Slab grade follies – from EF-45 in 1974 to MS-65 today
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