No doubt the spots developed after it was graded. Somebody will pony up big anyway, though. The upside is that if the buyer wakes up someday PCGS will take care of him.
How can you say that about Heritage?? After all, they do note in the description that "Only magnification reveals ... minuscule flaws". Perhaps they were so busy using their magnifying glasses looking for "minuscule flaws" that they overlooked the milk spots?
I'm not sure it's a fingerprint but there is something on that coin from the neck forward. The lines look too straight to be a fingerprint but.........
I would love to know a little more about the scientific life of a milk spot.
The rinse that caused the milk spot to occur happened in 1964; 42 years ago.
The coin was sealed in a proof set cello with no spotting for decades. The grading took place within the last 20 years but more likely within the last 10. So sealed in cello for 20 to 30 years, no spotting and it's graded 69. Put the coin in another sealed environment and we have spots and globs all over the obverse. I'm scratching my head on this timeline even though I have seen this happen on numerous examples.
Joe
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition.
<< <i>So sealed in cello for 20 to 30 years, no spotting and it's graded 69. Put the coin in another sealed environment and we have spots and globs all over the obverse. >>
Comments
If they had acted in the consignors best interests, they would have advised the consignor to send it in for a grade guarantee review.
Russ, NCNE
<< <i>I'll bet it's in a 7 series holder >>
How can you say that about Heritage?? After all, they do note in the description that "Only magnification reveals ... minuscule flaws". Perhaps they were so busy using their magnifying glasses looking for "minuscule flaws" that they overlooked the milk spots?
<< <i>Well, they sort of mention it by noting "toning" spots on his neck. Of course they seem to have missed that big blob on his head.
Russ, NCNE >>
I thought that big blob on his head was another "dothead" variety!
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>Hmmmm. Are you POSITIVE those spots are on the coin and not the holder??? >>
Whatever you say Mr. Heritage cheerleader, LOLOLOLOL, maybe they were on the camera lens too, LOLOL
<< <i>I like the huge fingerprint across the ear and face when you zoom a little >>
The coin does not have a fingerprint. The marks you see are characteristics of the coin.
<< <i>It's no longer a 69. I wonder if PCGS would pay on the grading guarantee on that one. Is it worth it? >>
PCGS Price Guide shows $3,750 in 69 vs. $450 in 68. I'd say it's worth sending it in.
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i>Hmmmm. Are you POSITIVE those spots are on the coin and not the holder??? >>
Yes.
<< <i>I wonder if PCGS would pay on the grading guarantee on that one. >>
I have no doubt they would.
Russ, NCNE
The rinse that caused the milk spot to occur happened in 1964; 42 years ago.
The coin was sealed in a proof set cello with no spotting for decades. The grading took place within the last 20 years but more likely within the last 10. So sealed in cello for 20 to 30 years, no spotting and it's graded 69. Put the coin in another sealed environment and we have spots and globs all over the obverse. I'm scratching my head on this timeline even though I have seen this happen on numerous examples.
Joe
<< <i>So sealed in cello for 20 to 30 years, no spotting and it's graded 69. Put the coin in another sealed environment and we have spots and globs all over the obverse. >>
In between the two it's exposed to the air.
Russ, NCNE
Parker