Round and round it goes- where it lands, nobody knows!
braddick
Posts: 24,123 ✭✭✭✭✭
Quick (true) story: Last August or so I bought an ACG MS67(!) 1964 Kennedy. The color looked killer and surprisingly, real. Closing bid? $9.99. Ok, so now I'm into this one for $13.00 (with the postage).
I get the coin and really like it. With the help of a fellow collector I submit this one to PCGS for crossover (at 'anygrade', of course!). PCGS denies entry stating, AT. Shoot. I was hoping the color was real (rainbows).
Well, not to just give up I crack that Kennedy right out of it's ACG slab and send it into NGC on my three coin Express free service I get for signing up with them. Coin comes back... MS65! Cool! Now I've got a nice little wild color coin!
Should I? Sure! Back it goes to PCGS, now in it's NGC holder and whallaa... PCGS MS65! Round and round it goes- where it lands? Nobody knows! Well, except in this case.
I get the coin and really like it. With the help of a fellow collector I submit this one to PCGS for crossover (at 'anygrade', of course!). PCGS denies entry stating, AT. Shoot. I was hoping the color was real (rainbows).
Well, not to just give up I crack that Kennedy right out of it's ACG slab and send it into NGC on my three coin Express free service I get for signing up with them. Coin comes back... MS65! Cool! Now I've got a nice little wild color coin!
Should I? Sure! Back it goes to PCGS, now in it's NGC holder and whallaa... PCGS MS65! Round and round it goes- where it lands? Nobody knows! Well, except in this case.
peacockcoins
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Tbig
peacockcoins
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Braddick: This story really doesn't bother me that much for these reasons:
1. Even YOU are not sure if the coin is "AT"
2. The coin in an NGC-MS65 has a value of around $10 (excluding color)
3. The borderline "AT" coins really can go one way or another depending upon the team of graders reviewing it.
4. Even giving the coin a "market grade", $10-$15 value wouldn't prevent a grader from calling it MS65
With all the attacks on the grading companies for "body-bagging" coins, what is their downside to slabbing a "$10 coin"?
Wondercoin
And, you're right. It very well may NOT be AT. It very well could be absolutely real colors.
peacockcoins
<< <i>Well, the story wasn't meant to bother you Mitch, so we're safe there. >>
With all due respect, that cracked me up!!
Tbig
This one lived in a couple different holders too, though never an ACG one, to the best of my knowledge.
Kennedy Half Dollar 1965 SMS PCGS MS67