UNC details is my guess. Toning hiding some hits to cheek, neck and fields on obverse (would grade MS64 IMO), but looks like it has some older polish wiping on reverse.
Probably saw it as meeting the criteria that MS62 can have. Personally I saw it as a 60-61. Didn't help it much in value; bought for $360 cracked out by dealer; I sold on ebay for under $370.
@Namvet69 said:
So ICG chose to ignore the details elements.
Not exactly. They net graded it. Let’s say this coin is a ms65 without the cleaning, icg will deduct some points for a minor cleaning to still straight grade it. My rule of thumb is when you see a coin in an icg slab that looks vastly under graded at first sight, scrutinize it closely to see what they penalized it for. ICG grades differently than pcgs, and you have to understand their method (like the other tpg companies) to make sure you know what you’re buying.
@Namvet69 said:
So ICG chose to ignore the details elements.
Not exactly. They net graded it. Let’s say this coin is a ms65 without the cleaning, icg will deduct some points for a minor cleaning to still straight grade it. My rule of thumb is when you see a coin in an icg slab that looks vastly under graded at first sight, scrutinize it closely to see what they penalized it for. ICG grades differently than pcgs, and you have to understand their method (like the other tpg companies) to make sure you know what you’re buying.
There are many occasions in which PCGS and NGC do the same thing. If a coin has been noticeably cleaned, the grading company either decides to give it a details grade or a straight grade that takes the cleaning into account.
Absent the cleaning, the coin in this thread looks to be MS64 at a minimum. And ICG apparently thought that a (lower) grade of 62 properly accounted for the cleaning.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@logger7 said:
Probably saw it as meeting the criteria that MS62 can have. Personally I saw it as a 60-61. Didn't help it much in value; bought for $360 cracked out by dealer; I sold on ebay for under $370.
Dang, these must’ve really gone up in price!
This is a 78CC in my type set, I paid around $175 some years ago.
Granted the obverse is a little baggy, but it sounds like it may be worth submitting someday:
15 years ago that was a common cc pricewise generally, less than $200 in Unc.; I guess first year production has something to do with the inflation and demand.
Oops, I went back to the dealer's shop and he actually had two 78cc Morgan dollars that had a similar dipped or somewhat cleaned look. This coin did not straight grade anywhere, I bought a different one from him that graded MS62.
An in hand look is required in order to offer a realistic opinion. I am not going to second guess a TPG - does not make a difference as to which one with images with these characteristics.
Experience the World through Numismatics...it's more than you can imagine.
@1madman said:
Every employee at pcgs gave that one a thumbs up
@1madman This should be in the running for humorous post of the year! Well done!
In all seriousness, not surprised by the details grade by PCGS, and I can see the 62 ICG grade as well. It is always interesting to me where exactly that line is with the top level grading services between netting a grade down for issues versus just getting a genuine details holder. While sometimes to me it looks like no rhyme or reason, other times I start to really see one way or the other when a coin is right on the line.
New England Rarities...Dealer In Colonial Coinage and Americana
Maybe I'm seeing more than is there but it appears to be near the "harshly cleaned" point for me, especially the reverse. Too bad because the coin was plenty nice before someone got to it.
This coin is still in the shop of the dealer "Berkshire Hills coins" in Pittsfield, Ma. It may be the only coin shop on the same street as a major American author. Up the street is the Herman Melville homestead on Holmes St. which this shop is also on.
Well first off it looks every bit a technical gem in those True Views. But then how do you grade a piece of cardboard? We can't see what's going on with the light in those "flat," "two-dimensional" True Views.
I like the ICG grade. I think those pics show it's lively enough for a grade.
Comments
Every employee at pcgs gave that one a thumbs up
hmm, 65 though the tarnish could be covering something.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Omg now that’s funny!!
I like it, except for that thumbprint the cheek looks really nice . But I also like to take a contrarian guess so I'll say QC.
I'd run it through CODIS..................maybe somebody famous![:) :)](https://forums.collectors.com/resources/emoji/smile.png)
Mike
My Indians
Danco Set
MS65u
bob![:) :)](https://forums.collectors.com/resources/emoji/smile.png)
vegas baby!
Ms65
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
64
UNC details is my guess. Toning hiding some hits to cheek, neck and fields on obverse (would grade MS64 IMO), but looks like it has some older polish wiping on reverse.
66
https://www.pcgs.com/cert/47975204 Unc. details.
Actual pics made it look over-dipped, dull. Sent to ICG where it graded MS62.
So ICG chose to ignore the details elements.
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Probably saw it as meeting the criteria that MS62 can have. Personally I saw it as a 60-61. Didn't help it much in value; bought for $360 cracked out by dealer; I sold on ebay for under $370.
Not exactly. They net graded it. Let’s say this coin is a ms65 without the cleaning, icg will deduct some points for a minor cleaning to still straight grade it. My rule of thumb is when you see a coin in an icg slab that looks vastly under graded at first sight, scrutinize it closely to see what they penalized it for. ICG grades differently than pcgs, and you have to understand their method (like the other tpg companies) to make sure you know what you’re buying.
There are many occasions in which PCGS and NGC do the same thing. If a coin has been noticeably cleaned, the grading company either decides to give it a details grade or a straight grade that takes the cleaning into account.
Absent the cleaning, the coin in this thread looks to be MS64 at a minimum. And ICG apparently thought that a (lower) grade of 62 properly accounted for the cleaning.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
AU-58 details, artificial toning. that year Carson City has very bold feathers.
Dang, these must’ve really gone up in price!
This is a 78CC in my type set, I paid around $175 some years ago.
Granted the obverse is a little baggy, but it sounds like it may be worth submitting someday:
15 years ago that was a common cc pricewise generally, less than $200 in Unc.; I guess first year production has something to do with the inflation and demand.
Oops, I went back to the dealer's shop and he actually had two 78cc Morgan dollars that had a similar dipped or somewhat cleaned look. This coin did not straight grade anywhere, I bought a different one from him that graded MS62.
An in hand look is required in order to offer a realistic opinion. I am not going to second guess a TPG - does not make a difference as to which one with images with these characteristics.
Experience the World through Numismatics...it's more than you can imagine.
This was the other one:
Overdipped in my opinion.
My pocket piece is an 1878-cc Morgan.
@1madman This should be in the running for humorous post of the year! Well done!
In all seriousness, not surprised by the details grade by PCGS, and I can see the 62 ICG grade as well. It is always interesting to me where exactly that line is with the top level grading services between netting a grade down for issues versus just getting a genuine details holder. While sometimes to me it looks like no rhyme or reason, other times I start to really see one way or the other when a coin is right on the line.
Maybe I'm seeing more than is there but it appears to be near the "harshly cleaned" point for me, especially the reverse. Too bad because the coin was plenty nice before someone got to it.
Mark
Looks au/bu cleaned to me. Probably au58 cleaned. Might be low unc
This coin is still in the shop of the dealer "Berkshire Hills coins" in Pittsfield, Ma. It may be the only coin shop on the same street as a major American author. Up the street is the Herman Melville homestead on Holmes St. which this shop is also on.
Well first off it looks every bit a technical gem in those True Views. But then how do you grade a piece of cardboard? We can't see what's going on with the light in those "flat," "two-dimensional" True Views.
I like the ICG grade. I think those pics show it's lively enough for a grade.