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Would not be happy had I purchased this coin
earlycoins
Posts: 282 ✭✭✭
I'm generally pleased by the way that coins are presented for auction via Heritage, but something caught my eye that has my wondering what I'm seeing.
In the forthcoming April sale, there is an 1806 quarter dollar that's been around the circuit a bit. It's in NGC holder 1733128-009.
The coin appeared in the Heritage January 2009 auction as lot 3712.
It appears to be a late statish piece, with crumbling dentils in the dye. But while the description for the upcoming sale notes a planchet defect at IB on the obverse, a potential bidder could easily see the crumbling dentils and presume that to be as noted.
Problem is, that it isn't.
There is a major defect that can be seen in the 2009 imagery, but is not in evidence in the images for the upcoming sale, as that area of the coin is hidden from view, under the holder's prongs, and with the coin encapsulated at a 45 degree angle, with the aforementioned prongs strangely positioned as to prevent the defect/damage from being seen.
I would never suggest that a TPG would ever encapsulate a coin to purposely hide a problem, but I'd like to ask how many coins in newer holders are turning within?
Comments?
EC
In the forthcoming April sale, there is an 1806 quarter dollar that's been around the circuit a bit. It's in NGC holder 1733128-009.
The coin appeared in the Heritage January 2009 auction as lot 3712.
It appears to be a late statish piece, with crumbling dentils in the dye. But while the description for the upcoming sale notes a planchet defect at IB on the obverse, a potential bidder could easily see the crumbling dentils and presume that to be as noted.
Problem is, that it isn't.
There is a major defect that can be seen in the 2009 imagery, but is not in evidence in the images for the upcoming sale, as that area of the coin is hidden from view, under the holder's prongs, and with the coin encapsulated at a 45 degree angle, with the aforementioned prongs strangely positioned as to prevent the defect/damage from being seen.
I would never suggest that a TPG would ever encapsulate a coin to purposely hide a problem, but I'd like to ask how many coins in newer holders are turning within?
Comments?
EC
0
Comments
bob
EC
<< <i>I would never suggest that a TPG would ever encapsulate a coin to purposely hide a problem,
EC >>
Maybe not intentional, but certainly deceptive.
Lance.
Lance.
<< <i>There is a major defect that can be seen in the 2009 imagery, but is not in evidence in the images for the upcoming sale, as that area of the coin is hidden from view, under the holder's prongs, and with the coin encapsulated at a 45 degree angle, with the aforementioned prongs strangely positioned as to prevent the defect/damage from being seen.
I would never suggest that a TPG would ever encapsulate a coin to purposely hide a problem... >>
Maybe not outright, but you sure seem to be hinting strongly at it with your choice of wording. Why not this, instead?
"There is a major defect that can be seen in the 2009 imagery, but is not in evidence in the images for the upcoming sale. That area of the coin is hidden from view under the holder's prongs, the coin being rotated at a 45 degree angle and preventing the defect/damage from being seen."
JMO, of course.