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What would you do with this? Buy/Pass/Conserve & regrade
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<p>[QUOTE="GDJMSP, post: 1385172, member: 112"]There are thousands of coins toned exactly like that and some of them are graded as high as MS67. Do I think they deserve a 67 when they look like that ? No, absolutely not. But NGC and PCGS have both graded them as such.</p><p><br /></p><p>A 63, 64, maybe even a 65 in select cases, that I could see and even agree with. But any higher - no way.</p><p><br /></p><p>You ask how they could manage to grade it, well you can. With the coin in hand and a close enough examination you can find every hit and contact mark on the coin. You can also determine if there is any wear on the coin. And that is how they, or anybody, can manage to grade them.</p><p><br /></p><p>As for dipping, as with any coin, it depends. You'd have to see it in hand to determine if the coin were clean enough to warrant trying to dip it. But seeing as how they gave it a 63, I suspect it would not be. I suspect that hidden in that mottled toning there are enough contact marks and such to justify the grade of 63. Otherwise it would have been graded higher. And if it were graded higher then yes, I would probably dip it because that type of toning usually doesn't reduce the luster underneath much.</p><p><br /></p><p>And believe it or not some people actually find that type of toning attractive.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1385172, member: 112"]There are thousands of coins toned exactly like that and some of them are graded as high as MS67. Do I think they deserve a 67 when they look like that ? No, absolutely not. But NGC and PCGS have both graded them as such. A 63, 64, maybe even a 65 in select cases, that I could see and even agree with. But any higher - no way. You ask how they could manage to grade it, well you can. With the coin in hand and a close enough examination you can find every hit and contact mark on the coin. You can also determine if there is any wear on the coin. And that is how they, or anybody, can manage to grade them. As for dipping, as with any coin, it depends. You'd have to see it in hand to determine if the coin were clean enough to warrant trying to dip it. But seeing as how they gave it a 63, I suspect it would not be. I suspect that hidden in that mottled toning there are enough contact marks and such to justify the grade of 63. Otherwise it would have been graded higher. And if it were graded higher then yes, I would probably dip it because that type of toning usually doesn't reduce the luster underneath much. And believe it or not some people actually find that type of toning attractive.[/QUOTE]
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What would you do with this? Buy/Pass/Conserve & regrade
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