An Expensive Lesson /Close-up's added.
MrLee
Posts: 1,847 ✭✭✭
BEFOREAFTER
This was an expensive lesson but one I felt I should share. This was purchased on eBay before I started reading the forums here and learned of the deception that is ACG. As many other uninformed collectors have done, I paid far more than I should have.
I wanted to find out what the true grade would be so I had it sent to NGC by Strat. While this '82 is a fine looking Morgan, it is hardly worth the amount paid.
As long as you purchase anything encapsulated by ACG, they will remain in business deceiving new collectors. Do the hobby a service and............Do Not buy ACG.
This was an expensive lesson but one I felt I should share. This was purchased on eBay before I started reading the forums here and learned of the deception that is ACG. As many other uninformed collectors have done, I paid far more than I should have.
I wanted to find out what the true grade would be so I had it sent to NGC by Strat. While this '82 is a fine looking Morgan, it is hardly worth the amount paid.
As long as you purchase anything encapsulated by ACG, they will remain in business deceiving new collectors. Do the hobby a service and............Do Not buy ACG.
0
Comments
<< <i>Actually I think you were lucky. It was not cleaned and did not end up in a little plastic bag. >>
I do feel fortunate about that. And it is (I believe) a vam 1C but only a R-3.
Michael
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
<< <i>And if its such a terrible memory, I'd be happy to trade a couple of BU Roosies for it. >>
Hmmmm. I'll take your kind offer under consideration.
Ditto Clackamas.
ACG
The obverse of that coin sure looks alot better than a 64. You may have been robbed. Imo
Paul
<< <i>From the pictures my guess is that PCGS was being a little stingy. >>
Not only that, they decided to change their holder and put NGC on it.
Russ, NCNE
Joe
Just the fact that the coin wasn't cleaned or tooled is a surprise!
Discounting the grade on an ACG coin doesn't hold up.
I have been down that road and have taken my beatings but NO MORE!
Its scarry enough to see AH buying PCGS slabs on Ebay! As I walked by the both at the FUN show I noticed out of the corner of my eye he only had PCGS and NGC slabs for sale. There were maybe only a handful of ACG coins. Hmmm?
Larry
Dabigkahuna
18 years. How dare they!
Brian.
The strike is not that strong and while the obverse looks pretty good, the reverse has some bads hits on it. Notice the hit above "UNITED" and the spot just to the right and middle of the eagle's wing. It's also definitely not PL. If I thought for a moment it would upgrade, it would be on it's way in a heart beat. I'm just going to have to take my lumps and be thankful that it got holdered (by a real grading company)at 64.
I don't collect Morgans but this is a nice looking coin. MS 64 seems just right.
As others have said: a 2 point decrease from an ACG to NGC coin is a tribute to your eye.
If this is your worst mistake then you are a lucky man.
BTW That ACG pic sure is doctored.Someone no doubt photoshopped it into shape.
AND I commend you for your photographing ability.
Those are really sharp shots .You can really see the fine detail in the coin.
Very nice job
<< <i>BTW That ACG pic sure is doctored.Someone no doubt photoshopped it into shape. >>
I hadn't thought of that. So I enlarged the original scan and, sure enough, it was altered.
He even stated in the listing, "I do not alter the color, brightness, or any other aspects of my scans." He must have his kids do it for him.
Good eye on spoting that Cam40.
BTW. It was purchased from proof70dcam on eBay early last year.
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't an optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....