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Round and round it goes- where it lands, nobody knows!

braddickbraddick 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.

peacockcoins

Comments

  • Coin FinderCoin Finder Posts: 7,195 ✭✭✭✭✭
    Is the coin AT or not to your knowledge???

    Tbig
  • braddickbraddick Posts: 24,123 ✭✭✭✭✭
    Yes, Tbig, I'm pretty sure it is.

    peacockcoins

  • BRdudeBRdude Posts: 1,079 ✭✭✭
    That is scary. I sent in a crackout that was an 1886S SEGS MS61DMPL and it came back an AU58!! Talk about a heartbreaker. I've requested another look, and hopefully it will change. I thought it would 62 for sure. To their credit though I also sent in 2 NGC 63's, another pcgs 64, and an anacs 62 I believe it was, and they all came back at the same grade. They were crackouts, and not in any hllder when I sent them. The 2 63's were pretty heavily toned and not very attractive. I thought after a quick "washing" they might upgrade to 64's. No such luck.
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  • wondercoinwondercoin Posts: 16,953 ✭✭✭✭✭
    "Yes, Tbig, I'm pretty sure it is. "

    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"? image

    Wondercoin

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  • braddickbraddick Posts: 24,123 ✭✭✭✭✭
    Well, the story wasn't meant to bother you Mitch, so we're safe there.
    And, you're right. It very well may NOT be AT. It very well could be absolutely real colors. image

    peacockcoins

  • Coin FinderCoin Finder Posts: 7,195 ✭✭✭✭✭


    << <i>Well, the story wasn't meant to bother you Mitch, so we're safe there. >>



    With all due respect, that cracked me up!!

    Tbigimage
  • supercoinsupercoin Posts: 2,323
    I guess spread enough "love" around, and you're eventually rewarded -- would llike to see a photo of that one!

    This one lived in a couple different holders too, though never an ACG one, to the best of my knowledge. image

    Kennedy Half Dollar 1965 SMS PCGS MS67
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