GTG - Like the Coin but Not the Grade (Grade Given)
pmh1nic
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It’s getting cracked out anyway but I didn’t like the grade. What are your thoughts…
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You think it's GEM and the service (PCGS) did not?
peacockcoins
I'm guessing you thought it was a 66 (probably FBL), and it came in a grade or two lower and/or without the designation. From the photos, I'd lean to 65FBL, FWIW.
Photo is too dark to determine FBL but I would imagine 64 would be why you are upset with the grade.
Jim
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Looking at the pictures and trying to ignore any hints from “but I didn’t like the grade”, my guess is MS66 FBL.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Looks like a nice freakin' coin!
In honor of the memory of Cpl. Michael E. Thompson
Looks 66+
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Looks to me like a 66 and possibly FBL... Nice Franklin (not the tarnish
).... Cheers, RickO
Well folks the coin is in a PCGS holder graded MS-63FBL. The obverse picture is very accurate and in my mind was at least a 64 with a shot at 65. A very nice obverse. What isn’t so apparent are two scratches on the reverse. One is barely perceptible (just to the left of the upper portion of the bell). The other is a very thin scratch just above the bell on the right. These difficult to see unless angled just right to the light and with magnification. Below is a close photo. I’m wondering if these abnormalities are the reason for the 63 grade. It spite of the grade I really like the coin. Let me know what you think.
The marks you mentioned do not look like ones that would knock the grade down to MS63. That said, had I seen them, I wouldn’t have guessed MS66.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Even with the scratches and the 63 on the label I liked the coin enough to buy it. The scratches on the reverse really won't diminish the enjoyment of the coin as a whole. I agree with you that the scratches alone shouldn't subtract three points from the grade. I've seen 64's that look a lot worse. When I remove the label I'll cross out the 63, write in 64 with the initials "MF"...lol.
That has to be the nicest MS63 Franklin I can recall ever seeing!
no way is that a 63!!!
As nice as it looks in the images, I give the benefit of the doubt to the experts who assessed it in hand.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
True, but it sure does look mighty fine in that image!
The images are courtesy of PCGS totally untouched by me. In looking at the pictures I thought the grade was off. Coin in hand and I'm sure the grade is off. I understand some of the limitations of photographing coins but either the picture they offer as a "TrueView" is not a true view or they got the grade wrong.
If the grade doesn't fit you must resubmit
Very attractive coin. Suggest sending it to CAC for the gold bean.
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Wow if you ever wanna sell that DM me. Love the rim toning
Regarding resubmitting and/or sending it to CAC, we're talking about a <$100 coin even if it came back in a 64 holder with a CAC sticker. I think it would have to be in the 65+ range to justify the cost of doing either. This coin gets cracked and put in the album with its brothers
I would have guessed 66 I don’t see a 63.
Wow... I think 63 is kind of harsh. When you said you didnt like the grade, i was thinking 64 or 65...
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I think PCGS does a great job of photographing a coin to bring out the best. I do NOT think they intentionally massage the process to obscure flaws. In addition I think most of the time they get the grade right. In this situation (buying the coin based on the Trueview) my sense was the grade was off. In hand I'm 100% sure the grade is off.
That said we're not talking about a coin where one point either way makes a significant dollar difference. The coin in 63, 64 or 65 is <$100 so even if the coin ended up not being what I thought it was no major harm done.
On the brighter side - That's going to be one heck of an album coin!
"When they can't find anything wrong with you, they create it!"
search back several pages for some "guess the grade" threads I have to see exactly how unreliable it can be to grade from an online picture. that said, I would agree with MFeld regarding the PCGS assessment vs. that of the current owner.
While I give the benefit of the doubt to PCGS I know of instances where they were wrong in their assessment. I would even guess that Mark knows of instances where in his professional opinion they were wrong, hence the term "benefit of the doubt". Go back and see how many threads there are on crack outs that have been upgraded or downgraded.
The other issue is the value of Trueview. The folks that chimed in on the grade based on the Trueview said 65 and 66. The grade on the slab is 63. That's a 2-3 point spread. Of course that begs the question, is the objective of Trueview to provide a high quality, accurate representation of the coin or to present the coin in the most favorable light possible or a little bit of both?
We all understand the limitations of grading coins via photographs. That said if photographs are used as the basis of buying and selling large numbers of coins, and Trueviews are considered some of the best photographs available, a 3 point spread is significant. Of course in this case we're talking about a relatively inexpensive coin but in a situation where higher value coins are involved the consequences could be significant.
Before you crack it out make sure it is not encased in a PCGS white label rattler or in a Regency slab. LOL.
i could not agree more.