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Guess The Grade --- $20 Liberty -- Grade Posted. Make Sure You're Sitting Down!

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Comments

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Looks like PCGS fouled this one up pretty badly.
  • tmot99tmot99 Posts: 5,238 ✭✭✭


    << <i>I can't see this coin ever selling to a numismatist, they better wholesale this coin out to a telemarketer or the coin vault for them to sell.....

    Then again PCGS grading guarantee needs to be applied here..... >>



    I'll buy the coin at melt. There is no way this is a 65. This is a true example of why to buy the coin, not the holder. Its coins like this that totally destroy the credibility of the grading companies. They were developed to allow for sight unseen purchases (one of the reasons at least). This obviously is not a 65 and should be confiscated by PCGS as soon as possible. I hope HRH is watching the forum today and takes some action.
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭
    Coins like this are why we need the blue sheet. Also, are you planning to send it in for a grade review?

    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

  • Also, are you planning to send it in for a grade review?


    image
    image
  • messydeskmessydesk Posts: 20,309 ✭✭✭✭✭
    I'd have said Teletrade-quality 63. This coin is far rattier than even the worst MS65 1904 $20 Libs I've seen, so date grading can't be an excuse.
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭


    << <i>Also, are you planning to send it in for a grade review?


    image >>



    If PCGS reviews the grade and determines that it should be down graded, they will send it back in a lower grade holder and send you a check for the difference in value.




    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

  • As previously stated, I don't own the coin. image
    image
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭


    << <i>As previously stated, I don't own the coin. image >>



    Sorry. I missed that. If you were the owner, would you submit it for grade review? I know I sure would. In a 62/63 holder, that would be a fine looking coin. In a 65 holder, its just a total embarassment.




    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

  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    OMG, it must be a print error. I called it a 61 before seeing the label.... heck, I still call it a 61.

    David
  • greghansengreghansen Posts: 4,301 ✭✭✭
    Come on! That's rediculous. I pray to God and everything holy that they made some sort of labeling mistake on that.

    Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum

  • LongacreLongacre Posts: 16,717 ✭✭✭
    I was going to say borderline 63.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    65 , thats hard to believe..............
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly, justindan
  • 09sVDB09sVDB Posts: 2,420 ✭✭✭
    OMG- I thought it was a 62 at best.
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭
    I bet someone photoshoped the label and is playing a big joke on us.

    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 bet someone photoshoped the label and is playing a big joke on us.


    I'll take that bet...
    image
  • saintgurusaintguru Posts: 7,727 ✭✭✭
    DAMN...That's some MS65. image
    image
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    The "65" has far better luster, no wiping, and less cheek rub than that MS64. A MS64 would be as forgiving as PCGS should have been on the coin as it has great luster. Remember that most $20 Libs in MS65 are pretty hurting. I've had a gold wholesaler scouring all the major bourses for me just to find one decent MS65 at slightly over bid. He has yet to find me a single coin to buy.

    $20 Libs tend to look pretty scarred up even in MS65. I recall attending the Eliasberg gold sale in 1983 and assigning grades of MS65+ or to some of his finest $20 LIbs. All of them had cheek abrasions and a few hits. I didn't think any of them were superb.
    Then again, I was applying seated silver standards to them. In the end, they brought fabulous money and today most are in MS67 or MS66 slabs. So much for my MS65+.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • clw54clw54 Posts: 3,815 ✭✭✭
    If it's any consolation to all of us who guessed lower grades, that coin might very well have had those grades a few times.
  • Hi, Roadrunner - I owned several high-grade common 04s at one time, one made it to MS66 PL at NGC, sold for 11K, my biggest gain. The reverse of the thread coin is radically strong and probably brought up the max-64 obverse, at least that's my guess. Rob
    Modern dollars are like children - before you know it they'll be all grown up.....

    Questions about Ikes? Go to The IKE GROUP WEB SITE
  • By the way, I guess 65 before I saw the holder based on the reverse, LOL. Rob
    Modern dollars are like children - before you know it they'll be all grown up.....

    Questions about Ikes? Go to The IKE GROUP WEB SITE
  • ERER Posts: 7,345
    Ok, I've changed my mind. 65 it is. Aaaaahhh.....the Kool-Aid tastes wonderful.

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