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What defects prevent a coin from grading PCGS 69?

DHeathDHeath Posts: 8,472 ✭✭✭
in U.S. Coin Forum
I'll admit a perverse fascination with 71 Kennedy halves, so I look at them frequently. Recently, a submitter made 19 of these on a bulk submission (I believe), so I've been browsing the auction archives. One of the coins has me puzzled. Since these are relatively expensive moderns, I thought it might be worth talking about. Shouldn't the gash at the right side of the shield of the coin linked keep it out of a 69 holder? Maybe it's a planchet flaw, but I thought even planchet flaws would keep a coin out of a 9. Am I mistaken? As a buyer, I'd be pretty disappointed with that coin. Perhaps it's a mistake that should be removed from the market. PCGS is normally brutal with money coins, so this one surprises me.

Link to TT 1971 PR69 Dcam half.
Developing theory is what we are meant to do as academic researchers
and it sets us apart from practitioners and consultants. Gregor

Comments

  • maddogalemaddogale Posts: 859 ✭✭
    A very good post!! That is an interesting question that perhaps Russie or Mr Hall could address? I would like to read their input on this......image
    "I won't be wronged, I won't be insulted, I won't be laid a hand on; I don't do these things to other people, I require the same from them."
  • CarlWohlforthCarlWohlforth Posts: 11,074 ✭
    It looks like it came that way from the mint. I'm not positive but it looks like the "gash" is frosted. That would keep it from 70 but 69 might be OK. Still I could see this coin in a 68 DCAM holder too.
    Carl's Coins website w/ links to Carl's auctions
  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭
    Seems some of the comments I've heard over the years, one of the biggest defects is ownership. If it's not owned (more properly, sent in) by the right person, it's not going to get a MS69.

    Now, don't blast me, I am only repeating comments that I've heard. But I've heard them more than a few times. Does that mean there's anything to it? I don't know, but it's something to think about.
  • cladkingcladking Posts: 28,646 ✭✭✭✭✭
    It's hard to tell from a picture but the damage on the shield appears to me to be the
    wide shallow marks made by sliding under light pressure. It's a lot more than I'd want
    on a PR-69 but this type of mark can be virtually invisable except at one angle, and is
    less distracting than most.
    Tempus fugit.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Shouldn't the gash at the right side of the shield of the coin linked keep it out of a 69 holder? >>



    I've never seen a mint made gash of that nature on one of these, so I'd have to say that, yes, it should have kept the coin out of a 69 holder. I've been tracking the sale of the 19 coins from the submission and frankly have been shaking my head at some of them.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • slideridersliderider Posts: 1,834
    Yup, the hit on the shield is blatantly obvious. I don't know how they could have missed that one. If I was the buyer of that piece, I'd be invoking the PCGS grade guarantee and getting a replacement.
    image
    image
  • nederveitnederveit Posts: 1,038 ✭✭✭
    Could it be a die crack and not a gash? Russ didn't say that, so probably not.
  • ksteelheaderksteelheader Posts: 11,777 ✭
    That coin does have an awesome reverse though! That could have possibly influenced the grade!

    Ken

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