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Coin with prominent black spot.
Cougar1978
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Do you believe a coin with a prominent black spot can be MS64 or higher? Do think it would be tough to get all the money on it (discounted)?
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What?
spot like that are localized terminal toning. so i think it could be a 70.
i expect, in the presence of non-spotted coins, to get less
I guess an online auction starting around melt would be the vehicle to get rid of C coins (black spots).
I don’t like black spots on coins. My advice look at what your bidding on and review carefully both sides spots, for major marks, dark spots, hairlines, etc. check both sides of the coin carefully.
Problematic at best. Doubtful at worse.
Need a picture.
JA will not CAC a coin with a black spot.
Any coin with a "prominent black spot" will never get a 70 from a major grading company. Of course, a coin graded 70 could develop a black spot after being graded and slabbed.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
You definitely can't get "all the money" if it is discounted.
Easiest question ever asked. We don't even need pictures.
All comments reflect the opinion of the author, even when irrefutably accurate.
@Cougar1978 - You must mean something like this? 😂 🤣
Those spots almost certainly appeared after the coin was certified. It should be sent back to PCGS for them to honor the grade guarantee.
Official PCGS account of:
www.TallahasseeCoinClub.com
Agree. It may have been graded and slabbed during cold and flu season.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I don’t believe that the PCGS guarantee covers spotting.
Here’s what I found for their guarantee: https://www.pcgs.com/guarantee
And among the exclusions to their guarantee, they state:
“ Coins exhibiting environmental deterioration. The PCGS Guarantee does not apply to coins exhibiting environmental deterioration subsequent to PCGS grading and encapsulation. This deterioration may include, but is not limited to, spotting, hazing, PVC contamination, changes in color, and corrosion.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Look here at an old David Hall post and check out the commentary on the 1899 cent.... The OP quarter was certified even before that comment was posted.
I am advocating for the OP's situation and hope PCGS will kindly assist, even if the current guarantee does not require it.
Official PCGS account of:
www.TallahasseeCoinClub.com
If it's prominent enough, a black spot should yield an environmental damage details grade. I'm not sure what "all the money" on such a coin means. I think in that case, you're just happy to make it go away.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Not if you can't look it up in the greysheet.
Yes I would start it at melt (auction). See if it can even get that. About a $160 coin. So probably take a hit on it.
Greysheet suggests a $15 - $20 spread between wholesale and retail on that 1956 example shown above, FWIW.
Official PCGS account of:
www.TallahasseeCoinClub.com
The OP is not the OP. Cougar never showed us the coin he's talking about
All comments reflect the opinion of the author, even when irrefutably accurate.
Yes I take GS / digital version and buy mag version from them now and then.
Even if you can't. You can't get full price if you "discount" it.
To your point, you can't discount it if you don't know full price. You also can't know full price. So, it's a bit of a conundrum.
All comments reflect the opinion of the author, even when irrefutably accurate.
It will be interesting to see what it really goes for lol.
I'd bid on it.
What is your Facebook marketplace handle?