What the heck are you thinking, ANACS?

You don't know how many people I meet who grade a coin based on one spot. It is usually because they don't know the difference between wear and strike weakness.

Someone called this coin a VF because of the O in ONE on the reverse. When showed a grade of MS-64 RD, he criticized NGC and PCGS for overgrading and giving fake grades.

 

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I believe it, it happens far to often. At least the hobby does seem to be moving away from that type of grading

You should have asked to buy all their VFs that matched that one.

 

That's someone who has no clue how Lincolns are struck. I'd have a hard time not lighting up somebody who demonstrated the willingness to grade with such little issue-specific knowledge.

"Jane, you ignorant...."

 

I like the quarter as vf20-25; 35 is generous I think. Very nice look with great antique silver surfaces.

 

I said I would post on this after reading it again when the coin came back so...

ToughCOINS, posted: "Mint luster is not required for seated halves graded VF . . . XF coins, yes, but not VF . . . not even an iota."

As I wrote above, this crap about no mint luster required on a VF coin with original surfaces is a product of greed and coin dealer run grading services. Anacs graded your coin too strictly as a F-12. IMO it was a lock F-15 as it is much closer to a VF than a VG. I also wrote that I should price it as a VF and that it might come back straight graded either F or VF from PCGS. I'm happy with VF as that's the way grading has evolved; however, IMO VF-35 is at the other end: "What the heck is going on PCGS."


ToughCoins continued: "Without mentioning names, I'm fairly certain it would fetch VF bid from several major coin wholesalers that you should know. The coin exhibits more than enough attributes to grade it choice VF after offsetting the weakly struck scroll in the shield."

I already agreed to this.


moneycostingmemoney, posted: "Please send my comment to the person that sent you. Let the person who’s opinion this is know that I reread this about 4 times and still don’t know what they mean by it. We buy the coin and not the holder so ignore the holder and pay VF20 but it’s actually correct at F15 because..."

This should have been easy to understand. I grade (old time obsolete grading standards) the coin Fine+; however, I'm not stupid. I'll sell the coin all day as a VF and sleep like a baby. Both its owner and a TPGS say it is VF.

 

Disagreed. VF doesn't have luster, maybe a random touch in some protected area if you're lucky but saying it should be a requirement absolutely not.

Grading that isn't trapped in the 50s . They got it right.

PS you should make a thread about that "breen" proof slq

 

baseball21, posted: "Disagreed. VF doesn't have luster, maybe a random touch in some protected area if you're lucky but saying it should be a requirement absolutely not. Grading that isn't trapped in the 50s . They got it right."

Actually, VF's hade remaining mint luster in the 1970's. Anyway, not my 35, it's yours and that's OK.

Someone posted that Breen never wrote a letter for that particular 25c.

 

My fault I was off by two decades

CaptHenway posted that. He used to grade (and I think own?) ANACS way back in the day before that one was graded I believe from other other threads, but I read his post more that that letter pictured wasn't for that coin not that no letter existed for it. Otherwise how does that happen?

 

baseball21, posted: "My fault I was off by two decades."

That's OK, I'm still living in the past.

"CaptHenway posted that. He used to grade (and I think own?) ANACS way back in the day before that one was graded I believe from other other threads, but I read his post more that that letter pictured wasn't for that coin not that no letter existed for it. Otherwise how does that happen?"

Tom did not own any part of ANACS. He was hired as a grader after the service was moved to CO. Breen's letters are for sale on occasion. I have one somewhere (I don't have the coin it was written for ).

 

Best post on thread!!!

 

Buuuuut, you can also cherry pick those same sellers when they're selling stuff.

I know sellers who grade Seated coins based upon the head of lady liberty. That's how I got an AU coin for VF money once.

 

Seems like they were probably up for sale from the source too