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Should this coin have been slabbed?

BuffaloIronTailBuffaloIronTail Posts: 7,486 ✭✭✭✭✭
edited May 6, 2023 8:42AM in U.S. Coin Forum

This is a $1275.00 coin at MS-65. Seems like everyone looked past the 1931-D Cent due to the low mintage of the 1931-S. Truth is, this issue is much more rare in decent looking condition, and didn't end up being saved in quantity.

Very few survived in solid red condition, and most had a strange coloration due to rotting in bags stored for long periods because they were not needed at the time (Depression Doldrums).

The coin pictured is terrible. It must have turned in the holder.

What do you think happened to it?

Pete

"I tell them there's no problems.....only solutions" - John Lennon

Comments

  • JBKJBK Posts: 15,818 ✭✭✭✭✭

    Looks like a finger swipe.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Looks like some form of PMD (stain or smear or ?).. but not enough to get details evidently. Cheers, RickO

  • coinbufcoinbuf Posts: 11,535 ✭✭✭✭✭

    While unattractive I've seen (and own) worse in PCGS straight grade holder.


    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • jmlanzafjmlanzaf Posts: 35,144 ✭✭✭✭✭
    edited May 6, 2023 5:24PM

    I don't see the issue. Maybe it turned in the holder. Maybe it isn't so dark in hand. But either way why would it not have been slabbed???

  • jmlanzafjmlanzaf Posts: 35,144 ✭✭✭✭✭

    @coinbuf said:
    While unattractive I've seen (and own) worse in PCGS straight grade holder.


    That's a RB not A RD

  • WalkerfanWalkerfan Posts: 9,457 ✭✭✭✭✭

    Those streaks are so harsh that they look like deep abrasions. Might be a technical 65 but that would be a huge pass for me.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • emeraldATVemeraldATV Posts: 4,713 ✭✭✭✭✭
    edited May 6, 2023 10:00PM

    The photo seems off color or enhanced.
    I do it sometimes, only to bring something into view.
    Questionable to me looking at the photos.
    I changed my mind. Yes.

  • dcarrdcarr Posts: 8,678 ✭✭✭✭✭

    I'd rather have a finger swipe on the head than a nasty gash.

  • MS66MS66 Posts: 235 ✭✭✭

    That's what she said.

  • MFeldMFeld Posts: 13,905 ✭✭✭✭✭
    edited May 7, 2023 5:10AM

    “Should this coin have been slabbed?”
    Even if you meant “Should this coin have been straight-graded” my answer would still be yes.
    While, based on the images, I don’t like it, I still think it qualifies as “RD”and 64 (edited to add: 63 at a minimum).

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • mr1931Smr1931S Posts: 6,258 ✭✭✭✭✭

    @MFeld said:
    “Should this coin have been slabbed?”
    Even if you meant “Should this coin have been straight-graded” my answer would still be yes.
    While, based on the images, I don’t like it, I still think it qualifies as “RD”and 64.

    62

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • WaterSportWaterSport Posts: 6,838 ✭✭✭✭✭

    Just a note here about Photography. First - It brings some of the worst features out about a coin. Second - it's a classic over juiced Trueview. I bet the coin in hand looks nothing like what we are seeing.

    WS

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • MFeldMFeld Posts: 13,905 ✭✭✭✭✭
    edited May 7, 2023 5:24AM

    @WaterSport said:
    Just a note here about Photography. First - It brings some of the worst features out about a coin. Second - it's a classic over juiced Trueview. I bet the coin in hand looks nothing like what we are seeing.

    WS

    Your bet might very well be a winning one. But we can only comment based upon the images provided.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • logger7logger7 Posts: 8,647 ✭✭✭✭✭

    Can it be restored? What are the current guarantees on these at PCGS and NGC? They used to sunset those after around 10 or 20 years.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @MFeld said:
    While, based on the images, I don’t like it, I still think it qualifies as “RD”and 64 (edited to add: 63 at a minimum).

    Agreed 100%. If this were a blind guess the grade thread, I would have said 64 RD. The fact that a coin isn’t pretty doesn’t mean that it deserves a body bag or details grade.

  • Cougar1978Cougar1978 Posts: 8,406 ✭✭✭✭✭
    edited May 7, 2023 7:24AM

    Not exactly high end is it?

    Don’t know if it’s issues happened before or after slabbing. Looks like candidate for conservation service dept.

    Coins & Currency
  • fathomfathom Posts: 1,764 ✭✭✭✭✭

    @WaterSport said:
    Just a note here about Photography. First - It brings some of the worst features out about a coin. Second - it's a classic over juiced Trueview. I bet the coin in hand looks nothing like what we are seeing.

    WS

    Disagree with all of the above in this particular case.

    It's a toning streak. Nothing more nothing less. Of course it should be stabbed, I do not understand the question.

  • BuffaloIronTailBuffaloIronTail Posts: 7,486 ✭✭✭✭✭
    edited May 7, 2023 9:21AM

    @fathom said:

    @WaterSport said:
    Just a note here about Photography. First - It brings some of the worst features out about a coin. Second - it's a classic over juiced Trueview. I bet the coin in hand looks nothing like what we are seeing.

    WS

    Disagree with all of the above in this particular case.

    It's a toning streak. Nothing more nothing less. Of course it should be stabbed, I do not understand the question.

    Sure.............no problem with slabbing it. I didn't mean to imply that it wasn't gradeable or slabbable.

    It's just a terrible looking coin is all......................

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • MetroDMetroD Posts: 2,238 ✭✭✭✭✭
    edited May 7, 2023 2:18PM

    @logger7 said:
    Can it be restored? What are the current guarantees on these at PCGS and NGC? They used to sunset those after around 10 or 20 years.

    PCGS (see section titled "Coins exhibiting environmental deterioration")
    {The PCGS guarantee does not cover changes in the color of copper coins.}

    NGC (see "Limited Guarantee" section, sub-section 8.b)
    {The NGC "grade" guarantee on copper coins, which includes the color designation, expires 10 years after encapsulation.}

    Edited to add: {details}.

  • oldabeintxoldabeintx Posts: 2,091 ✭✭✭✭✭

    Of course it should have graded, but in my book it would be no higher than a 64 because of the apparent flaws. I must be in the minority as I've seen many RD Lincolns with finger marks and "carbon" that graded higher than my taste would allow, and I include CAC in this. BTW this cannot be conserved.

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