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1962-D Roosevelt GTG - Answer Posted! *Update July 3 2023 - It sold*

keyman64keyman64 Posts: 15,519 ✭✭✭✭✭
edited July 3, 2023 4:05PM in U.S. Coin Forum

This is not my coin, just something I discovered in my cyber-sleuthing. This is a trick question of sorts. It is no longer in this holder. Feel free to guess the grade it was in and the grade/holder it is in now. ;)
I recommend right clicking on the image below, copying the url to the full sized image and pasting that into another browser window to view it larger.

ANSWER: Was PCGS MS66 Now NGC MS68*FB

Update: It sold. $2,880 is a lot of clams for a PCGS MS 66 Roosevelt. I wonder what would happen if the new owner tries to cross it back to PCGS
https://coins.ha.com/itm/roosevelt-dimes/1962-d-10c-ms68and-9733-full-bands-ngc-ngc-census-1-0-and-2-0-pcgs-population-2-0-and-2-0-cdn-5-000-whsle-bid/a/60326-50076.s

Here's the link to the original PCGS True View: https://www.pcgs.com/cert/36856748

"If it's not fun, it's not worth it." - KeyMan64
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:

Comments

  • U1chicagoU1chicago Posts: 6,195 ✭✭✭✭✭

    NGC MS 66 to PCGS MS 68
    (guessing based on the "trick" comment)

  • SmudgeSmudge Posts: 9,594 ✭✭✭✭✭

    PCGS64, NGC 65.

  • CoinscratchCoinscratch Posts: 8,876 ✭✭✭✭✭
    edited May 31, 2023 5:48PM

    Edit:

    PCGS MS 67+ To NGC 68* edit again for FS.

  • Tom147Tom147 Posts: 1,485 ✭✭✭✭✭

    PCGS 66+, maybe 67. Not fb

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    Here's the hint. It is no longer in the PCGS plastic.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • AUandAGAUandAG Posts: 24,801 ✭✭✭✭✭

    66+

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Manifest_DestinyManifest_Destiny Posts: 6,900 ✭✭✭✭✭

    66

  • FlyingAlFlyingAl Posts: 3,452 ✭✭✭✭✭

    PCGS 67 to NGC 68*.

    Coin Photographer.

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    No one has it yet. :smile:

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    My WAG.... 65 to 67..... Cheers, RickO

  • CoinscratchCoinscratch Posts: 8,876 ✭✭✭✭✭

    If graded recently then 64, weak reverse.

  • marcmoishmarcmoish Posts: 6,315 ✭✭✭✭✭

    No clue why you removed it from host slab, oh well, it looks to me 66+.

    Cool piece!

  • TPRCTPRC Posts: 3,803 ✭✭✭✭✭
    edited June 1, 2023 6:23AM

    PC 65+ for color; now NGC 67* no FB
    Total guess, as this is not a series I collect.

    Tom

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    @marcmoish said:
    No clue why you removed it from host slab, oh well, it looks to me 66+.

    Cool piece!

    I did not. Not my coin. It was the first thing I said in the original post.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    Answer posted in original post. What are your thoughts?

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • CoinscratchCoinscratch Posts: 8,876 ✭✭✭✭✭

    @Coinscratch said:
    Edit:

    PCGS MS 67+ To NGC 68* edit again for FS.

    Looks like I actually had it correct. Except for the steps thing lol.
    Thoughts you say, I would guess it’s still worth the same amount of moolah.

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    @Coinscratch said:

    @Coinscratch said:
    Edit:

    PCGS MS 67+ To NGC 68* edit again for FS.

    Looks like I actually had it correct. Except for the steps thing lol.
    Thoughts you say, I would guess it’s still worth the same amount of moolah.

    According to the PCGS price guide, MS66 is $21 and MS68FB (only 2 examples have graded this high with none finer) is $8000.
    I don’t know that many people will believe this is a real 68FB and I suspect any buyer will be challenged to cross it as a 68 or 68FB.
    A 67+ is $450 and a 67+FB is $900. Would it even grade that high in a cross situation? Not the point, just providing context.

    That said, the value is almost exclusively attributed to the toning which is very nice.
    It will be entertaining to see where this one ends up.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • FlyingAlFlyingAl Posts: 3,452 ✭✭✭✭✭

    For what it's worth, I like it better than the PCGS MS68FB coin, which coincidentally has three TVs on Coinfacts - two in 67+ non FB holders, and one in the 68FB holder. The reverse spots are super unattractive on that coin.

    Coin Photographer.

  • coinhackcoinhack Posts: 1,162 ✭✭✭✭

    @keyman64

    A question for you since this is your area of expertise. Whether it should be valued as a 66 or 68, how much of an increase do you believe the toning adds?

  • marcmoishmarcmoish Posts: 6,315 ✭✭✭✭✭

    @keyman64 said:

    @marcmoish said:
    No clue why you removed it from host slab, oh well, it looks to me 66+.

    Cool piece!

    I did not. Not my coin. It was the first thing I said in the original post.

    Missed that, you're correct.

  • RLSnapperRLSnapper Posts: 580 ✭✭✭✭✭

    I look at a lot of Large Cents in NGC holders that are graded MS66. Less than 10% IMO would cross to PCGS at MS66. The vast majority are priced at PCGS MS65+ money. I have yet to purchase an NGC coin. I am no expert on Roosevelt dimes...but apparently PCGS missed on the low side by 2 full points according to NGC....nah...PCGS doesn't give away 68's like NGC is more likely.

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    @coinhack said:
    @keyman64

    A question for you since this is your area of expertise. Whether it should be valued as a 66 or 68, how much of an increase do you believe the toning adds?

    I know toned Mercury Dimes pretty darn well. I dabble in toned Roosevelts a little and know a bit but not everything. I have a few and have owned several. I do know that toned Roosevelts are much more common. I have even auctioned some recently and been pretty disappointed. The market seems to be on the softer side and might speak to the population of nicely toned examples. As for the value of this coin, it is not $21 and never has been. It’s not $8000, far from it, in my opinion. However when a couple bidders go nuts, just about anything is possible.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • FlyingAlFlyingAl Posts: 3,452 ✭✭✭✭✭

    @RLSnapper said:
    I look at a lot of Large Cents in NGC holders that are graded MS66. Less than 10% IMO would cross to PCGS at MS66. The vast majority are priced at PCGS MS65+ money. I have yet to purchase an NGC coin. I am no expert on Roosevelt dimes...but apparently PCGS missed on the low side by 2 full points according to NGC....nah...PCGS doesn't give away 68's like NGC is more likely.

    Well, here's the PCGS 68FB.

    I'll take the OP coin. I don't like spots.

    Coin Photographer.

  • psuman08psuman08 Posts: 340 ✭✭✭✭

    I think our host had this one correct.

  • MFeldMFeld Posts: 13,901 ✭✭✭✭✭
    edited June 1, 2023 11:12AM

    @Coinscratch said:

    @Coinscratch said:
    Edit:

    PCGS MS 67+ To NGC 68* edit again for FS.

    Looks like I actually had it correct. Except for the steps thing lol.
    Thoughts you say, I would guess it’s still worth the same amount of moolah.

    Seeing as how the answer was "Was PCGS MS66 Now NGC MS68FB", how were you correct (even for just the grade part)? You guessed "PCGS MS 67+ To NGC 68 edit again for FS."
    And it's "FB", not "FS" ;)

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

  • MFeldMFeld Posts: 13,901 ✭✭✭✭✭
    edited June 1, 2023 11:14AM

    @Coinscratch said:
    » show previous quotes
    Looks like I actually had it correct. Except for the steps thing lol.
    Thoughts you say, I would guess it’s still worth the same amount of moolah..
    >

    Seeing as how the answer was "Was PCGS MS66 Now NGC MS68FB", how were you correct (even for just the grade part)? You guessed "PCGS MS 67+ To NGC 68 edit again for FS."
    And it's "FB", not "FS" ;)

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

  • CoinscratchCoinscratch Posts: 8,876 ✭✭✭✭✭

    @MFeld said:
    @Coinscratch said:
    » show previous quotes
    Looks like I actually had it correct. Except for the steps thing lol.
    Thoughts you say, I would guess it’s still worth the same amount of moolah..
    >

    Seeing as how the answer was "Was PCGS MS66 Now NGC MS68FB", how were you correct (even for just the grade part)? You guessed "PCGS MS 67+ To NGC 68 edit again for FS."
    And it's "FB", not "FS" ;)

    I believe I corrected myself on that but just the 68* part I believe was correct.

  • U1chicagoU1chicago Posts: 6,195 ✭✭✭✭✭

    @FlyingAl said:

    @RLSnapper said:
    I look at a lot of Large Cents in NGC holders that are graded MS66. Less than 10% IMO would cross to PCGS at MS66. The vast majority are priced at PCGS MS65+ money. I have yet to purchase an NGC coin. I am no expert on Roosevelt dimes...but apparently PCGS missed on the low side by 2 full points according to NGC....nah...PCGS doesn't give away 68's like NGC is more likely.

    Well, here's the PCGS 68FB.

    I'll take the OP coin. I don't like spots.

    And interestingly enough that 68fb used to be a 67+ non-fb
    https://www.pcgs.com/coinfacts/coin/1962-d-10c/5125

  • jesbrokenjesbroken Posts: 10,108 ✭✭✭✭✭

    Wow, you may want to enlarge your D mintmark. Looks similar to VV's RPM-001 D/D North.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • RLSnapperRLSnapper Posts: 580 ✭✭✭✭✭

    Numbers don't lie....PCGS has graded 6793 coins MS68 or higher....NGC has graded 11057 coins MS68 or higher in the entire Roosevelt dime series.

  • MFeldMFeld Posts: 13,901 ✭✭✭✭✭

    @RLSnapper said:
    Numbers don't lie....PCGS has graded 6793 coins MS68 or higher....NGC has graded 11057 coins MS68 or higher in the entire Roosevelt dime series.

    Did you take into account how many Roosevelt dimes each company has graded?

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

  • RLSnapperRLSnapper Posts: 580 ✭✭✭✭✭

    @MFeld Even more striking..PCGS has graded 179,365 Roosevelt dimes and NGC has graded 156,834 Roosevelt dimes . PCGS gives a 68 or higher 0.037 percent of the time while NGC gives a 68 or higher 0.070 percent of the time. That means you are almost twice as likely to get MS68 or higher from NGC versus PCGS in the Roosevelt dime series.

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    Now do the calculations for FB, please. I'm curious as to the percent that get FB out of all each service has graded in MS. Yippeee, this is getting interesting.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • MFeldMFeld Posts: 13,901 ✭✭✭✭✭

    @RLSnapper said:
    @MFeld Even more striking..PCGS has graded 179,365 Roosevelt dimes and NGC has graded 156,834 Roosevelt dimes . PCGS gives a 68 or higher 0.037 percent of the time while NGC gives a 68 or higher 0.070 percent of the time. That means you are almost twice as likely to get MS68 or higher from NGC versus PCGS in the Roosevelt dime series.

    Thank you.

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

  • gumby1234gumby1234 Posts: 5,589 ✭✭✭✭✭

    @MFeld technically its not FB at NGC it is FT.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • MFeldMFeld Posts: 13,901 ✭✭✭✭✭
    edited June 1, 2023 3:56PM

    @gumby1234 said:
    @MFeld technically it’s not FB at NGC it is FT.

    Would you settle on FB/PCGS, FT/NGC and FS/neither?😀

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

  • gumby1234gumby1234 Posts: 5,589 ✭✭✭✭✭

    Yes. I was just pointing that out.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • gumby1234gumby1234 Posts: 5,589 ✭✭✭✭✭
    edited June 1, 2023 4:15PM

    The OP coin is definitely a 66 maybe a plus for color. NGC tends to do a good job with the high grade Roosies. Somehow this one they failed on. I have seen and still own many high grade Roosies from NGC , PCGS and old ANACS. You couldn't tell the difference in grade between them PCGS and NGC 67 or 68 Roosies tend to be accurately graded. Old ANACS were accurately graded as well but some were undergraded. I currently have 46 to 64 PDS in PCGS and NGC holders and if I showed just pics of the coin without who slabbed them you could not tell me for certain which company slabbed it.

    Edit for an error and to add I have seen overgraded coins in every type of slab. I don't recall the coin , but there was a severely overgraded coin in our hosts slab and the thread was crazy busy with replies from people here. It was sometime last year.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • gumby1234gumby1234 Posts: 5,589 ✭✭✭✭✭
    edited June 1, 2023 4:16PM

    @FlyingAl I hate spots as well, but the other coin you show is a higher grade than the OP coin because it has many less marks on it. Edit to add a much better strike as well.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • gumby1234gumby1234 Posts: 5,589 ✭✭✭✭✭

    I just looked at the PCGS pic of the reverse on the coin @FlyingAl posted and the coin should be no higher than a 67+ There is a small horizontal scratch going across the torch that I think excludes it from the 68 grade.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    Update in first post. It sold. What do you think would happen if the new owner tried to cross it back to PCGS at any grade?

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • FlyingAlFlyingAl Posts: 3,452 ✭✭✭✭✭

    @keyman64 said:
    Update in first post. It sold. What do you think would happen if the new owner tried to cross it back to PCGS at any grade?

    I say it comes back PCGS MS67+FB.

    Coin Photographer.

  • labloverlablover Posts: 3,640 ✭✭✭✭✭
    edited July 4, 2023 1:20PM

    @keyman64 said:
    Update in first post. It sold. What do you think would happen if the new owner tried to cross it back to PCGS at any grade?

    The owner will most likely resubmit the coin to PCGS, that's the game being played. Get the coin graded higher at NGC and then cross back to PCGS, believing it now has a better chance to cross back since it's now graded higher.

    "If there are no dogs in Heaven, then when I die I want to go where they went." Will Rogers
  • david3142david3142 Posts: 3,562 ✭✭✭✭✭
    edited July 4, 2023 6:03AM

    @RLSnapper said:
    @MFeld Even more striking..PCGS has graded 179,365 Roosevelt dimes and NGC has graded 156,834 Roosevelt dimes . PCGS gives a 68 or higher 0.037 percent of the time while NGC gives a 68 or higher 0.070 percent of the time. That means you are almost twice as likely to get MS68 or higher from NGC versus PCGS in the Roosevelt dime series.

    While this is interesting (and from my experience I agree that NGC gives out the 68 grade more readily), you can’t conclude this solely from the data above. We don’t know the quality of the coins submitted. We also don’t know about the status of currently graded coins vs. submissions.

    Correct: NGC has almost twice the relative population at the 68 grade as PCGS.
    Incorrect: a coin is twice as likely to get a 68 grade at NGC.

    Conditioned on the sample of coins at each being the same and the current grades being representative of submissions, both statements are true but the second relies on those two assumptions.

    Honestly, I think NGC is even more liberal than the data suggests because if you get a 68FB at PCGS you are probably going to stop. I suspect the top coins are tried far more often at PCGS (so the coins they see are better) and the current grades understate the number of submissions at that level.

    As for the OP coin, I guessed 67+FB so the NGC 68*FT doesn’t surprise me too much. I think the original 66 grade was doubly wrong and I think it would cross at 67+FB but unlikely at 68FB. I’ve found that it’s hard to cross 68FTs.

  • coinkatcoinkat Posts: 23,397 ✭✭✭✭✭

    Serious question... if this was your coin to submit, what tier (level) would the submission be submitted?

    Seems there might not be a good answer especially if the grade misses the mark

    Experience the World through Numismatics...it's more than you can imagine.

  • BuffaloIronTailBuffaloIronTail Posts: 7,486 ✭✭✭✭✭

    @keyman64 said:
    Answer posted in original post. What are your thoughts?

    That's a really high grade for a coin that looks nothing like a 68 coin, let alone having a +.

    Just my opinion, folks.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • steve76020steve76020 Posts: 367 ✭✭✭

    for those who keep getting it backwards pcgs graded it a 66 ngc graded 68 he put the link right below it

  • steve76020steve76020 Posts: 367 ✭✭✭

    but honestly i have my doubts about ngc but hey good on you

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