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overgrading that's beyond absurd (Walker 50¢)

DennisHDennisH Posts: 14,009 ✭✭✭✭✭
Looks like (at best) an AG03 with multiple problems to me, but VG is a joke. What's your opinion?
When in doubt, don't.

Comments

  • RampageRampage Posts: 9,494 ✭✭✭✭✭
    I agree. Looks AG3 at best for the grade, but then add on to that the nasty rim damage and the cleaning. Net down to PO1.5 to FA2 at best. I sold several 1916 WLHs on eBay late last year for about $25 each.



  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Yikes! Looks like a Fair-2 to me!
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  • rld14rld14 Posts: 2,390 ✭✭✭
    I have an AG-03 in my lowball set that's way nicer than that.

    FR02 with problems... $20 coin IMO
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  • TJM965TJM965 Posts: 446 ✭✭✭



    It appears to be some sort of half dollar to me, missing some of its silver.image
  • RussRuss Posts: 48,514 ✭✭✭
    Seller didn't grade it VG. He assigned it NG, which is No Grade.

    Edit: Just saw the VG in the title. He has it NG in the description.

    Russ, NCNE
  • Walkerguy21DWalkerguy21D Posts: 11,594 ✭✭✭✭✭
    What a POS - I'm tempted to see what else he has listed just for kicks....hopefully it was a mistake and not representive of his business model. I wouldn't pay $55 if it had an "S" under the motto.
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  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    But we all know ownership adds a grade.
  • ManorcourtmanManorcourtman Posts: 8,130 ✭✭✭✭✭
    Wow, she's led a tough life!
  • DRUNNERDRUNNER Posts: 3,889 ✭✭✭✭✭
    FR-2 with rim damage. But . . . at least this is all visible to any potential buyer.

    Drunner
  • DennisHDennisH Posts: 14,009 ✭✭✭✭✭


    << <i>FR-2 with rim damage. But . . . at least this is all visible to any potential buyer. >>

    Don't all sellers, no matter what they're selling, have at least a moral and ethical responsibility to fairly and accurately represent the condition of their merchandise, especially when they use precise industry terms to describe it (VG), if not also a legal responsibility? We on these boards who know coins may instantly recognize that this one is a POS and the title horribly overstates its condition, as does the failure to state the flaws it has that render it all but bullion worthless. Was that omission intentional?

    But what about people who aren't as knowledgeable as we are, especially those who find Collectors Corner because it is the first quick link listed above through the PCGS website? Is it entirely their responsibility to know grading if/when they buy coins? What about the legal term known as "factual misrepresentation" that exists to protect consumers from fraudulent sales practices? Advertising a coin as VG when it's close to G is one thing that can perhaps be justified as "a matter of opinion", but the turd that is the subject of this post is light years worse than that. Are we supposed to alert the PCGS mods about blatant overgrading of raw coins on Collectors Corner? Does anyone know? I've never seen any discussion of this sort about Collectors Corner before.
    When in doubt, don't.


  • << <i>Seller didn't grade it VG. He assigned it NG, which is No Grade.

    Edit: Just saw the VG in the title. He has it NG in the description.

    Russ, NCNE >>



    A simple typo isn't as interesting though, so I expect that this will be ignored by most respondents.
  • BillJonesBillJones Posts: 34,606 ✭✭✭✭✭
    I'd say FR-02 is more like it. The reverse is AG, but the obverse is more than 50% of the grade, and that side is no better than Fair.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    That would be a great pocket piece, it's already broke in.
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  • PTVETTERPTVETTER Posts: 5,997 ✭✭✭✭✭
    Is everyone over looking the fact that at some point in its early life it was a MS65 or better


    image
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  • segojasegoja Posts: 6,141 ✭✭✭✭
    Actually at one point it was a 70, assuming it was fully struck.
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  • I don't see what everyone is getting worked up about. Knowing Collectors Corner the coin is probably sold or the dealer won't respond to your e-mails anyway....


















    image
  • ConnecticoinConnecticoin Posts: 13,073 ✭✭✭✭✭
    That's Good Ole Tom!! image
  • sinin1sinin1 Posts: 7,500
    probably cut/copy and paste from previous sale

    lower they say NG probably from the rim/edge damage
  • Someone snagged that out of the melting pot when they should have left it inimage
  • 09sVDB09sVDB Posts: 2,420 ✭✭✭
    Melt value. Damaged F2
  • messydeskmessydesk Posts: 20,174 ✭✭✭✭✭
    Had he said NFG instead of NG, I'd agree.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Thank you Raymond................Good Ole Tom!

    Looks like that one was thrown off the Empire State bldg observatory deck, on multiple occasions.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Maybe "VG" is a typo. Before reading the comments, I, too, thought "genuine not gradable," or "Fair, details: damaged rim" if you're an NGC or ANACS fan. Either way, a skilled pocket piece courier might be able to wear it down to a gradable PO1.
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  • Not even close.
    image
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>Yikes! Looks like a Fair-2 to me! >>



    Agreed. With damage.
    image

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