MS58 Grade
gtstang
Posts: 1,753 ✭✭✭✭✭
I've heard it used before but this is the first time I have seen it on a label. 
5
gtstang
Posts: 1,753 ✭✭✭✭✭
Comments
Did they actually do that back then or is that just a label error? I don't remember seeing that as a grade before.
It's a typo or what the grading services call a "mechanical error." Looks like the seller is trying to profit from this labeling error. The certification number look up says it's an AU58FH.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Cert verify calls it AU58FH. So think it's a label problem that was never fixed.
BUT....... CAC agrees.
Great transactions with oih82w8, JasonGaming, Moose1913.
How is he trying to profit from it, other than listing it for sale and accurately pointing out the labeling error?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
since it's a numbering system (Sheldon) the the descriptor means little except to differentiate between normal and proof strikes.
It's still a 58.
bob
That’s an interesting mechanical error!
The last one I saw PCGS ended up deleting the cert (one gets an error when looking it up). I wouldn’t be surprised if the same happened here now that the picture has been published.
Only the second I've seen.
I sold a OGH MS58 1877-S Seated Quarter to another member here years ago.
That be a cool grade to have...that coin is pretty nice too!
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Eventually I hope the TPGs just drop the "MS" charade entirely and just throw a number on the slab.
This thread is going to become part of a bar bet between 2 semi-drunk collectors:
Drunk guy #1: "Bro...I'm telling you! PCGS grades stuff MS 58!! I saw it on the CU forum!!!"
Drunk guy #2: "Dude...you are out of your mind! That's not even on the grading scale"
1: "How much you wanna bet"? (Pulls out phone....Scroll scroll scroll)
AU-58, Full Head is a legitimate grade. It was when I first became a dealer in the mid 1990s. I know it became official at about the same time as I got in the business. I can’t say if the green label holders were totally excluded. If there is a “Full Head” on an AU-58, quite possible and legitimate
How is it a labeling error make it thru all the graders , including the master grader at pcgs without being caught. Then to go to cac and make it thru them without discovery. Telling you guys these graders are human and make mistakes grading coins also.
It’s doubtful that the graders saw the label while grading the coin. Thus, there was probably no labeling error that made it “thru all the graders”. Presumably, someone missed the error after the coin was graded and encapsulated, however. And as long as the coin met CAC’s standards for a 58, the “MS” in place of an AU” was probably immaterial.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I was told by the former owner that PCGS's use of MS58 was by request of SLQ specialist Jay Cline back in the day. I do not know if that is true, so I did not mention it in the description.
As for Perry Hall's comment, um, no.
Coin Rarities Online
Yes I agree with your point about the graders. Label didn't get printed till coin was graded. Brain took a nap. Still had to go thru I would guess at least two quality control people. My point was that we think of these grading companies as the one with final word but they turn out to be human after all
Read the post above yours from CRO...........
I bought this one back in 2012
Well, I know many collectors focus on letters and numbers and even slabs.... and collectors are entitled to seek whatever excites them...for me, it is just the coin....I would likely not even notice such a mechanical error...Cheers, RickO
I gave you the credit as the seller. You were the smart one to buy it on ebay at 3 am. It was a fun purchase and sale for you and purchase by me backed up by a quality grsded coin so purists could not complain.
I still have it,
But what is it that only quarters are getting graded MS-58? LOL.
A sensible grade as there is an awkward downward transition from low MS to high AU.
Hell...I just got necrod on a 5 year old thread.
Who are you addressing? I hope it wasn't Broadstruck! So sad he isn't with us.
"Got a flaming heart, can't get my fill"
I did not know that! Was he kicked off the forum?
Broadstruck last posted on April 22, 2023. He was never banned.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
No one knows any more?
Yup the world we live in. I'll stick with collecting just the coins, rather than labels, stickers, designations, provenance etc. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Perhaps someone collects labeling errors. I started a collection of labeling errors for 1855/54 overdates (6 coins) until I submitted my 1855/54 with proper labels and numbers and it came back a normal date. Now, I realize "mechanical errors" are common to PCGS attributed coins so they're not anything unusual or worthy of a premium.
My understanding is that Broadstruck passed away recently.
https://forums.collectors.com/discussion/1091688/frank-krause-aka-broadstruck-has-passed-away/p1
"Got a flaming heart, can't get my fill"