1964 PR69 Kennedy w/Toning Spot

LeeG

I'm sure this toning spot arrived after grading. Initially I thought it was PVC but my glass and pic's proved otherwise. The toning spot is around a small hole on the forehead. It's a very nice example except for this. I've sent several coins to PCGS under the grade guarantee and PCGS has always treated me right on this. This is a coin I will send in under this service if I ever decide to sell the coin. Just posting it to hope some feel it's useful for coin grading purposes and/or a learning experience.

WoodenJefferson

Simularities with the Orion Nebula on your sig line?

Still a nice PR JFK

Russ

It's a milk spot and likely emerged after grading. All too common on these, particularly on bulk submitted coins, which is where the vast majority of PR69's came from. You also have one growing at the bottom of the reverse.

Russ, NCNE

MadMarty

Bulk graded coin!! Sent one just like it in under grade gaurentee. PCGS bought it back for $50.

LeeG

Russ and Marty appreciate your thoughts on the coin. I sent a milk spotted SAE back to PCGS. This spot doesn't look like those did? Russ, your right. It looks like three spots of some sort on the reverse. I should have remembered cert #'s starting with a 7 are usually bad ju ju.

Russ

It could be worse.



Russ, NCNE

Rarity

I don't quite get it.

Someone sent in a coin for grading. PCGS graded it and asigned a PR69 or PR70 at the time of grading. 6 months later, the same coin developed a spot and now the owner of the coin is asking PCGS to buy back the coin at market price.

Why PCGS is held accountable for something that is beyond their control ?

Russ

<< <i>Why PCGS is held accountable for something that is beyond their control ? >>



It's a risk they assume as part of their guarantee.

Russ, NCNE

Rarity

Russ,

Thanks for your reply.


Further question:

If I stored my coins in an unfriendly environment - potentially causing spot or dark toning - would it be fair to PCGS to buy back my coins ?

WoodenJefferson

supposedly...the plastic slab is "sonically sealed" 360 degrees around the two halves of the plastic holder. (sandwhich) Environment can't get in, nor out...the sealing and grading rooms have a controlled atmosphere to prevent environmental damage to coins.

It's all part of their risk as a encapsulation service...risk that the coins in holders will not turn ugly, nor spot.

Much discussion on the spotting of Silver Eagles after slabbing has been completed. Has to do with the rinsing of the planchet at the mint, pre-strike conditions which after minting no one has control over. They just appear out of no where.

help?

GoldenEyeNumismatics

with or without the spot, that is still a might fine proof!