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Another Market Graded thread (toned 83-CC Morg)

Dog97Dog97 Posts: 7,874 ✭✭✭
Sorry about posting links to the NGC board but it is a NGC coin and the NGC graders & dealers usually make interesting comments. Text
Change that we can believe in is that change which is 90% silver.

Comments

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Dog,

    Please don't bite me on the leg for this image but, based on the image, it looks like a 65 all day long, by PCGS or NGC standards. And a pretty one, too.
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Funny, Coinguy1 jumps in right away and even though he always says he can't grade from a scan, offers an opinion. I thought it graded 63 and he says 65.

    Oh, I get it, I think this is the one that came from his company. Am I correct Dog?image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Bite you? I ought to wag my tail and lick your face because I just love undergraded coins that haven't been resubmitted a million times and maxed out.
    I should bite you for not being the grader the day it went through NGC.
    Change that we can believe in is that change which is 90% silver.
  • 65 ???? Looks like WAAAYYY too much chatter in the fields for a 65. I was thinking 62. It is pretty though.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    If NGC graded it MS63 (and I would certainly go with their sight-seen grade over anyone's opinion, based on an image), then this is yet another great example of how no one can grade accurately from images.

    That doesn't stop me from trying, on occasion and it doesn't stop others from trying frequently.

    Dog, wag your tail all you want, but please don't lick my face.image
  • I have been rather impressed with the NGC quality I've bought lately. I've picked up 4 or 5 MS-63 Morgans. They are accurately graded based on the chatter on the cheek...but they have booming luster and strike. Really top notch.
  • K6AZK6AZ Posts: 9,295
    This coin looks to be a pretty solid 63 to me, regardless of the toning. I really don't understand the idea behind market grading toned Morgans, since many of them go for multiples of the white price.
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    62
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • I think it is safe to say PCGS market graded this coin as it has a few more marks on the cheek then you would hope on an MS64 don't you think??

    image
  • These kind of threads are really great. Especially when Dog97 typed out his thought process on how he achieved a grade on his NGC post. I think there should be more posts called "Explaining the Grade" instead of "Guess the Grade." Though everyone still won't agree, it's more infomative to read how people arrive at their opinions.

    Andy image
    We are finite beings, limited in all our powers, and, hence, our conclusions are not only relative, but they should ever be held subject to correction. Positive assurance is unattainable. The dogmatist is the only one who claims to possess absolute certainty.

    First POTD 9/19/05!!

  • Dog97Dog97 Posts: 7,874 ✭✭✭
    That Morg look ok for the grade from a technical standpoint but it's pushing it, RR.
    Change that we can believe in is that change which is 90% silver.


  • << <i>I think it is safe to say PCGS market graded this coin as it has a few more marks on the cheek then you would hope on an MS64 don't you think?? >>



    That's why I think "market grading" should be abolished by all grading services with a return to true technical grading. That 1878 IMO is no better than a 63, even that may be pushing it one too high. Let the market decide for itself what a coin should bring based on its own merits, not grade inflation by the major graders based on a "rainbow of colours" or "heaps of lustre 'dripping' off the coin."
    Mark
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    RR-
    I stuck my nose up real close to my moniter and saw that HUGE image hit on the chin, can I change my mind and say yes?
    Change that we can believe in is that change which is 90% silver.
  • K6AZK6AZ Posts: 9,295
    It appears to me that PCGS bumped that 78 up a point. I really do not understand why they do this. It has been my experience that coins toned like that will bring roughly the same money whether they are in 63 or 64 holders. People pay the premium for the color, not the MS grade, unless you are talking about high end 65s on up. As others have said, I wish they would stick to technical grades and let the market determine the premium for eye appeal.
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    I can understand market grading to a point. Maybe overlook a few marks if the piece has great luster and strike. The part I don't really go along with is giving the bump in grade for color.

    The problem I have with the bump in grade for color is.... When it is sold then the seller says ok, this is lets say 65, so we'll charge for a 65 plus a premium for the color. When in reality the grading service already gave it a bump in grade. So IMO we pay the premium twice. And I'm getting sick and tired of being sick and tired.image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • dragondragon Posts: 4,548 ✭✭
    Both services are very lenient on common date CC dollars because they normally come so baggy. That piece probably would have gone 63 either with or without the color. If that coin was an 84-S, it would have been graded a 61

    dragon
  • dragondragon Posts: 4,548 ✭✭
    As far as RR's coin, that piece is way to baggy on the cheek for a 64, but the color is extremely nice. Even so, I'm a bit surprised it still went 64 by PCGS, they must have really liked the toning IMO.

    dragon

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