<< Maybe this is venting but I just got back the following coins from NGC formerly graded by ANACS
1934 $1 ANACS 65 now NGC 62- yes 62 1935 $ 1 ANACS 65 now also NGC 62 1900 s $1 ANACS 65 now NGC 63 1901 s $1 ANACS 65 now NGC 64 1922 d $1 ANACS 65 now NCG 64 1935 s 1/2 $ ANACS 63 now NGC 63 1924 1/4$ ANACS 55 now NCS Cleaned , UNC details. >>
This sucks.
This kind of goes along with my Poll/thread about ANACS. If I got these results I would definitely be disappointed. Do you think ANACS missed the mark or was in NGC?
I rate ANACS and ICG grading the same. I rate PCGS and NGC the same if you are talking today. NGC is really tight right now. Just like PCGS. I have no response to the photos since I cannot hold the coin in my hand. That is the only way to make an accurate grade opinion, at least as far as I am concerned. JMHO.
In an insane society, a sane person will appear to be insane.
Honestly, I'm surprised that the 35-S Peace graded 63 with the abrasions and contact marks clearly visible. Send it to PCGS and if they don't BB it you'll be fortunate to make a 62. JMHO. Truth!
<< <i>this was sent to NCS to have ugly toning removed. Still I have put it side by side with NGC 64 peace dollars and see no difference. There are small ticks but not major hits. >>
Grading 101, luster and overall eye appeal give a base grade. After being dipped, the luster may look washed out and the base grade is lower before ticks are counted to arrive at MS62. If a person can see no difference between 62 and 64, best spend the money on 62s and enjoy.
I just love these threads where you get half way in, and then the original premise is changed entirely. How much different might the responses have been had everyone been told that the a toned coin was in the MS65 holder (an original picture would speak volumes), cracked out, dipped (conserved, whatever term you want to use), and then regraded by a second company as MS62. Would anyone be surprised? Would anyone find fault with grading company A or company B?
The other question that comes to mind is what is a person doing buying such "dog" coins in MS65 holders? ANACS, NGC, PCGS, whatever, there are plenty of "dogs" on the market looking for a newbie to give them love. Many of these pound puppies end up at the major auctions, Teletrade, Ebay, Heritage, so be careful out there.
Please anyone reading, take the year or more to learn how to grade before sinking serious money into high grade coins where the grade makes the price.
I've bought a lot of both TPGs dollars and never have had a $1 with drop of 3 full points. There are cases where the coin was thumbed (greased) on the cheek and it got bagged-but no 3 point drops, and so many big drops in this case. Something happened from when you got the coins and when the grader saw them. Yes NGC/PCGS is tight right now, but not stupid tight.
Something happened from when you got the coins and when the grader saw them
You are correct - it was NCS'd to remove the toning that was covering the marks and lines. It would have been interesting to see this toning and assess how it got there.
One of the dirty little secrets of toned original coins is there could be many problems such a hairline scratches lurking beneath the toning.
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
Seated Dime: I hope the excercise was a learning experience. The thread taught a number of lessons. I suggest you study each of the newly graded coins and grade them as if you were seeing them for the first time. If you can attend a viewing at a large auction, run a rack of ngc or PCGS coins in a series and date of your coins. Compare them to your coins and reassess your grading skills. This is a lifelong process. It is really important to know your skill level. If you have any doubts or wish to improve take an ANA summer grading class. You will grade many coins side by side with other collectors and dealers and discus the grading with the best graders in the field. Most of us in the end are smarter and more humble by the process. Good collecting!
Comments
<< <i>I did not like that Peace Dollar in the picture one bit. I honestly cannot believe that even ANACS graded that coin an MS65. >>
Yep.
1934 $1 ANACS 65 now NGC 62- yes 62
1935 $ 1 ANACS 65 now also NGC 62
1900 s $1 ANACS 65 now NGC 63
1901 s $1 ANACS 65 now NGC 64
1922 d $1 ANACS 65 now NCG 64
1935 s 1/2 $ ANACS 63 now NGC 63
1924 1/4$ ANACS 55 now NCS Cleaned , UNC details. >>
This sucks.
This kind of goes along with my Poll/thread about ANACS. If I got these results I would definitely be disappointed. Do you think ANACS missed the mark or was in NGC?
<< <i>this was sent to NCS to have ugly toning removed. Still I have put it side by side with NGC 64 peace dollars and see no difference. There are small ticks but not major hits. >>
Grading 101, luster and overall eye appeal give a base grade. After being dipped, the luster may look washed out and the base grade is lower before ticks are counted to arrive at MS62. If a person can see no difference between 62 and 64, best spend the money on 62s and enjoy.
I just love these threads where you get half way in, and then the original premise is changed entirely. How much different might the responses have been had everyone been told that the a toned coin was in the MS65 holder (an original picture would speak volumes), cracked out, dipped (conserved, whatever term you want to use), and then regraded by a second company as MS62. Would anyone be surprised? Would anyone find fault with grading company A or company B?
The other question that comes to mind is what is a person doing buying such "dog" coins in MS65 holders? ANACS, NGC, PCGS, whatever, there are plenty of "dogs" on the market looking for a newbie to give them love. Many of these pound puppies end up at the major auctions, Teletrade, Ebay, Heritage, so be careful out there.
Please anyone reading, take the year or more to learn how to grade before sinking serious money into high grade coins where the grade makes the price.
You are correct - it was NCS'd to remove the toning that was covering the marks and lines. It would have been interesting to see this toning and assess how it got there.
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 hope the excercise was a learning experience.
The thread taught a number of lessons.
I suggest you study each of the newly graded coins and grade them as if you were seeing them for the first time.
If you can attend a viewing at a large auction, run a rack of ngc or PCGS coins in a series and date of your coins.
Compare them to your coins and reassess your grading skills. This is a lifelong process. It is really important to know your skill level.
If you have any doubts or wish to improve take an ANA summer grading class. You will grade many coins side by side with other collectors and dealers and discus the grading with the best graders in the field. Most of us in the end are smarter and more humble by the process.
Good collecting!
Truth be told, I'm surprised the Peace dollar even got slabbed. It looks fairly hairlined from a cleaning.
Personally speaking, the last 5 orders (a mixture of both PCGS and NGC) came back just how I anticipated.
I think nice, no brainer coins will cross at grade no problem. Some might even upgrade.
But the notion of what is a nice, no brainer coin is obviously subjective.