Would like some opinions on this (not my) coin
alaura22
Posts: 3,175 ✭✭✭✭✭
Can someone explain to me why this coin got straight graded?
And now, how it was able to receive a CAC sticker?
And the final question I have is what does "market acceptable" mean? Seems to be the new catchy phrase...........
Look forward to all your responses
1
Comments
Extremely vague post. Only see the reverse. The scratch is going from the T to the wheat stalk is fairly minor. Not sure why you didn’t post both sides of the coin. No idea of the date/grade/holder.
With the minuscule information you provided, yes it should straight grade.
Similar reason as why this one, one of my favorite quarters, straight graded and passed CAC. The overall eye appeal was enough to let the scratches slide even though it’s possible graffiti on mine. I don’t mind it’s blemishes, but on a high grade MS coin it would be more out of place.
Mr_Spud
If that was the reverse of my coin and it didn’t straight grade, I’d be ticked.
It doesn’t look like harsh cleaning or graffiti, so it looks Ok to me.
Am I missing something glaring?
The date and obverse don't matter, it's the scratch that I am concerned with.
It's not vague at all if you just look at the coin and see the problem
Mike
My Indians
Danco Set
Dah...............the scratch
Mike
My Indians
Danco Set
Tim, it's on a MS64 coin!
Mike
My Indians
Danco Set
Thanks for clarifying, I was having a hard time reading your mind.
The scratch is very minor as others have said. I expect it is hardly if at all visible without magnification.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
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I recently bought a coin that had a similar scratch on the neck. I would rather it wasn’t there but it’s a beautiful coin and it doesn’t make me sad I got it. Of course it’s only a AU55 CAC.
The reverse of your coin looks nice and that particular scratch wouldn’t bother me either.
Minor scratch, probably not very visible to the naked eye. Your photo is 50+X the actual size of coin, while great, over-emphasizes the scratch.
It's minor and in an inconspicuous place so I'm not surprised it straight graded.
On the other hand, this is an atrocity in a straight graded holder.
Maybe they need to offer a CAC+ service, with a different sticker, verifying the coin is pristine.
Those that fail that may still qualify for regular CAC, if it’s deemed “good enough “.
Of course, those who own coins already stickered may resubmit those for the CAC + service, for a nominal fee.
The only reason I own--and at the time it was offered, could afford--this is because of the scratch on the neck. It's old, it toned in with the coin, and while yes, it's there, it's not that much of a distraction. It also dropped the grade from at least MS65 to MS63. I love this coin.
As in Real Estate: "Location! Location! Location!"
The scratch on your coin is minor when considering the entirety of the coin.
I own a 1934-S PCGS Peace dollar that is straight graded 62. It has a really obvious scratch on the neck that had not been there, the coin would be a gem. Booming luster+ great strike. The coin was net graded down due to that scratch, maybe it being a key date played into it? I’ll never crack that one!
Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014
Grading is subjective. PCGS uses a Hewlett Packard 595xr14 Dual Gas Chromatograph with AI to measure the width, length and depth of surface "scratches" when grading a coin. Details, of course, are proprietary, top secret and not our business.
The coin on the left is a straight-graded coin (MS64); I borrowed the image from eBay. The coin on the right is my coin and is graded Details - Damage (on the obverse). Subjective cuts a wide swath ....
If we were all the same, the world would be an incredibly boring place.
Tommy
How does a Dual Gas Chromatograph with AI measure a topographic feature on a coin?
How about this
Mike
My Indians
Danco Set
Hardly the worst, not making excuses but this is not the hill I would want to die over.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Artificially.
My US Mint Commemorative Medal Set
peacockcoins
The coins surfaces are immaculate. And at least enough so for the particular yr/mm > @alaura22 said:
Well there you go! The coin has very almost immaculate surfaces (new catchy phrase:) takeaway the scratch that is hidden like my smiley face and you have 66BN
@alaura22, I'm not trying to be obtuse, but why does your post reply appear to be with an attitude when others are just asking for some clarification in order to assist with your question?
After 1,900 posts I'm certain you've come to realize most here want to help fellow collectors. I need to work on my politeness too.
No attitude intended, just a little fustration
Mike
My Indians
Danco Set
Thanks for all of you who responded and the sarcasm, always refreshing. All I wanted was for people to look at the coin and render their opinion. No mind reading or crystal ball required., nor was the obverse picture, the date, or the grade needed, all are irreverent.
Seems that a lot of you believe that the scratch is there but is a minor scratch, or, in a good place, or not enough to detail grade the coin.
What I want is for the TPG'ers to call it as it is! If it has a rim bump, scratch, cleaned, tooled, or whatever to be placed in a details holder.
I'm really getting frustrated looking at coins that are straight graded only to find that they have problems!
Down the road when/if you go and sell the coin the first thing the buyer/dealer will say is the coin has a problem, and you respond, "but it's straight graded" and he says, I don't care what the label says, it has problems.
I believe that it's still the buyers responsibility to decide weather it's a buy or a pass and NOT relay on the label.
A scratch is a scratch is a scratch no matter where it is, how big it is, or deep it is
TPG'ers just get it right! That's what we're paying you for when we submit coins, and buying your brand label honesty in grading.
Mike
My Indians
Danco Set
Multiple professional graders saw it and gave it a straight grade. Without knowing the grade, or what the obverse looks like, seems perfectly reasonable to me. It's not a huge gouge. Hardly noticeable. AKA, not every coin is an MS70. There's a lot of gray area between "not a scratch on it" and "Ooooooh, that's a nasty scratch."
I don't want the grading company to drop the grade and ignore the scratch! no happy face
I just want them to grade the coin propertly
Mike
My Indians
Danco Set
I don't quite understand your comment,care to explain...please.
Mike
My Indians
Danco Set
Yea that's a tough one, I wouldn't buy it w/o that discount you just mentioned. But as others have said it is market acceptable (just not my market:).
Well, you can have a different opinion than the professional graders, that's fine. It's unrealistic to expect them to see it the same way you do.
BTW, except for a handful of MS70 coins, ALL mint state graded coins have problems. Whether or not you can live with them is up to you. Maybe you'll be happier collecting modern proofs?
@Coinscratch based on your name this should be EXACTLY the kind of coin in your market, unless it’s just not scratched enough.
All I want them to do is grade the coin properly, I don't collect modern MS70 or PR70 coins, but the coins I do collect i want an honest grade.
That's all I ask, is that too much?
Mike
My Indians
Danco Set
The minute this hobby gets you frustrated and confused it is time to find another hobby.
peacockcoins
I'm just saying this seem hardly worth getting too worked up over, I mean imo this is a rather minor defect. Plus, you didn't share the date/mm and grade all of which does come into play on how much such a defect could/would effect a collector's decision to pass or not. If this is a key date and the price is right, I could certainly see it being a good fit for many collectors, maybe not you or I but for some.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
My first thought after seeing it is graded 64 was, that’s why it’s a 64. It’s obviously MS and not a 70. As nice as the fields are the scratch did cost 2 points. Considering the photo is the size of a dinner plate the scratch is small and hairline thin in actual size. Getting a 64 is penalty enough.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Reguadless if it straight grades - it's still a scratch that your eyes will be drawn to no matter how good the coin looks. Will be harder to sell when the time comes.
"When they can't find anything wrong with you, they create it!"
Yep, been there so many times, I understand your feelings...
** I'm really getting frustrated looking at coins that are straight graded only to find that they have problems!**
What’s even more frustrating for me is the inconsistency.
Look at the example shown by @JeffersonFrog. I can definitely relate. I get Details holders, others are seemingly getting a pass, for worse problems.
But this is also why I invested in an expensive magnifier and I use it on all raw and slabbed coins I consider purchasing. Just because the grader gave it a pass, I might not!
Yes, it seems we are having the same issues...
Couldn't find the example of jeffersonfrog, got a link?
Mike
My Indians
Danco Set
Just wondering - should any TPG notify you before they details your coin?? I know it wouldn't be profitible for them doing this but it would expose if they really care about the numismatist compared to their profits.
"When they can't find anything wrong with you, they create it!"
It’s in this thread, the Washington quarter with scratches on the obverse that graded 64.
Ok, yes that is also terrible, and the coin @Manifest_Destiny posted
so, any ideas on how or what we can do other than being overly cautious
Mike
My Indians
Danco Set
Sorry, My Cousin Vinnie sarcasm (with the added AI twist).
If we were all the same, the world would be an incredibly boring place.
Tommy
I should have lurked for a while I would've known better. Spills does the wisdom here.
@alaura22 Bag marks are different right? Where it looks like a thin curved line. I mean up close this is no bag mark it looks like someone took a knife to it. (upclose).
I ask because I see them on certain coins that grade 67 multiple times and even finally getting the plus.
Uhh, coins from the 1800s can be run over by a stage coach and still straight grade.
Yes, that aint know bag mark!
A fully loaded stage coach
Just isn't right that they do it.
Mike
My Indians
Danco Set
Loaded full of gold! Nope, it sure isn't. Correction though; Early 1800s.
Interesting post. Think we need a distinction here. Agree, man-made 'noticeable scratches' should get detail grades but scratches/gauges/bagginess caused by coins slamming against each other during transit should in 'most' cases just lower the grade, esp when old & they tone over with the rest of the coin.
That 'mark' on the beautiful 1893 Barber quarter above does not appear to be what I would call a man-made scratch and doesn't deserve a details grade. A staple scratch should always get a details grade. Noticeable rim dings unfortunately ruin the circular appearance of a coin and get details grades.
Scratches, galore on this PCGS 64+ Peace dollar!
"Got a flaming heart, can't get my fill"
And still it straight graded...........
Why O why
Nice looking coin..................but
Mike
My Indians
Danco Set