Myth of the old plastic upgrade... Toned Washington Carver PCGS MS66
BlindedByEgo
Posts: 10,754 ✭✭✭✭✭
I submitted this to PCGS for minimum MS65 cross - the subject of a prior thread:
I got this back:
Sometimes there ARE actually old holders with little gems just waiting...
I got this back:
Sometimes there ARE actually old holders with little gems just waiting...
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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
You own the coin so you're free to do with it as you choose.
<< <i>You own the coin so you're free to do with it as you choose. >>
Are you saying that if you own an extremely rare coin you should feel free to polish that coin? I'd like to think that we are only the temporary custodian of rare coins and that we owe it to future generations of collectors to keep our coins in the best possible state of preservation possible.
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>Another early slab bites the dust because of someone's greed.
He may have just wanted the coin in a PCGS slab to match others in his collection?
<< <i>
<< <i>You own the coin so you're free to do with it as you choose. >>
Are you saying that if you own an extremely rare coin you should feel free to polish that coin? I'd like to think that we are only the temporary custodian of rare coins and that we owe it to future generations of collectors to keep our coins in the best possible state of preservation possible. >>
I croosed it because I wanted to, and to ensure that the value for my heirs would be protected to the best of my present ability. The coin is not for sale.
I fail to see where my actions are even remotely on par with polishing the coin. As far as the "another early slab bites the dust" comment - I collect coins, not plastic.
How 'bout you, PerryHall?
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Mike
<< <i>Myth of the old plastic upgrade... >>
This turn of events is nice to see. We hear so much of how hard it is these days to get coins crossed from NGC and some say to have a fair chance we need to crack a coin out of the NGC holder first. Congratulations.
Who is John Galt?
how does one even know when something truly upgrades at a tpg
when the scale has been shifting upwards since their inception?
a gem is a gem... 65 or 66 is splitting hairs but it sure makes a big
difference to buyers eh?
U.S. Type Set
<< <i>i would be more worried about grade inflation then actual upgrade...
how does one even know when something truly upgrades at a tpg
when the scale has been shifting upwards since their inception?
a gem is a gem... 65 or 66 is splitting hairs but it sure makes a big
difference to buyers eh? >>
I couldn't agree more. The coin stands on its' own merits, and truly is a premium Gem coin. Most WC's I've seen have lots of bagmarks in prime focal areas.
I have no control over the market for 66's vs. 65's.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>
<< <i>i would be more worried about grade inflation then actual upgrade...
how does one even know when something truly upgrades at a tpg
when the scale has been shifting upwards since their inception?
a gem is a gem... 65 or 66 is splitting hairs but it sure makes a big
difference to buyers eh? >>
I couldn't agree more. The coin stands on its' own merits, and truly is a premium Gem coin. Most WC's I've seen have lots of bagmarks in prime focal areas.
I have no control over the market for 66's vs. 65's. >>
First of all...nice upgrade. Congrats!
As to the grade inflation vs. legit upgrade question...from the pics it looks to me like the coin will stand on its own merits as a 66. BlindedByEgo is the one that has to be comfortable with it in a 66 holder with the realization that the coin may eventually be sold. The market at that time will determine if it's in the right holder.
John
<< <i>Congrats... at least from the images the coin looks to be a 66. Personally I don't think it's a myth that many of the old holders still contain coins that are a point or so undergraded, especially coins which have been off the market for some time like many of the coins in the upcoming LB sale. Coins like these have been put away by someone for a while, and have not bounced around on the bourse floor like ping pong balls.
John >>
Thanks all.
I love John's icon!
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1