Hard to tell from those pictures, but looks like a cleaned AU. I would be suspicious of the whole thing also.
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
Wonder if this might be the "poster child" for why silent net grading isn't a particularly good idea?
A grader with even minimum experience sees that technically, it's better than the holder says, so alarms go off creating confusion.
I never really liked silent netting. Sure, you get the coin closer to it's VALUE that way, but it tends to water-down what grading is all about.
Of course, back in the green label days, PCGS didn't give themselves the option of explicitly netting a grade. It was either pass or fail, and this one was maybe viewed as a tweener.
The serial number 2926491 does not generate a link on the PCGS certification verification site. That says PASS to me in bold letters.
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 ... ?
Originally posted by: BillJones The serial number 2926491 does not generate a link on the PCGS certification verification site. That says PASS to me in bold letters.
That's because you entered the incorrect cert number. The correct number is 9296491.
Being unfamiliar with this "net" grading, I have a question. On the older coins, do they "net" grade due to a cleaning without saying so on the label? Do they allow other marred features and then allow the coin to pass with a lower "net" grade? Is this a common practice on all coins or just older ones? I had heard they were a little more lenient with the older coins due to the length of time the coins have been in circulation, but not "net" grading. Thanks for this information.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
The "8" in the date looks funky. Maybe it's the angle the photo was taken at?
I think it's the angle. Notice too that the cert characters do not appear as tall as they should be for this slab type. Everything would look proper with a square shot.
Being unfamiliar with this "net" grading, I have a question. On the older coins, do they "net" grade due to a cleaning without saying so on the label? Do they allow other marred features and then allow the coin to pass with a lower "net" grade? Is this a common practice on all coins or just older ones? I had heard they were a little more lenient with the older coins due to the length of time the coins have been in circulation, but not "net" grading. Thanks for this information.
Jim
Net grading and market grading are sometimes used interchangeably though they are not exactly the same. Any coin may be net graded (usually down) when the TPG deems it to be over all acceptable but with an unfortunate issue(s). Some problem with the surfaces, e.g. Porosity or light corrosion on old copper. A washed out appearance from over-dipping silver. An old, toned-over scratch. A "busy" look from excessive hits. A significant dig or a major distraction in the focal area.
Market grading goes both ways but is less technical and more subjective. It is usually an appearance issue. Remarkably pretty toning or luster, or perfect surfaces, might earn the coin a grade bump. Splotchy, irregular unattractive toning might drop it. It is called market grading because it is based on the coin's value, as perceived by the TPG. Some folks believe that market grading is also influenced by collector demand (what's hot) but I really don't get that.
Thanks Lance for the info. I had heard of market grading but thought net grading was only for coins damaged and was net graded after being rejected. My bad.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Yeah, net-graded for the overdipped appearance and other minor flaws, would be my guess. Not atypical for the series, so maybe it got a ride, as LindeDad just said.
Collector since 1976. On the CU forums here since 2001.
Comments
-Paul
It may be an old cleaning net graded (as commoncents noted), but I don't see any red-flags...
Slab looks fine (from the 1990-95 era).
Care to expand on your concerns a bit?
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My sets: [290+ horse coins] :: [France Sowers] :: [Colorful world copper] :: [Beautiful world coins]
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I wouldn't touch it.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Seller has lots of feedback with no negatives.
What are you implying?
A grader with even minimum experience sees that technically, it's better than the holder says, so alarms go off creating confusion.
I never really liked silent netting. Sure, you get the coin closer to it's VALUE that way, but it tends to water-down what grading is all about.
Of course, back in the green label days, PCGS didn't give themselves the option of explicitly netting a grade. It was either pass or fail, and this one was maybe viewed as a tweener.
The serial number 2926491 does not generate a link on the PCGS certification verification site. That says PASS to me in bold letters.
That's because you entered the incorrect cert number. The correct number is 9296491.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
The "8" in the date looks funky. Maybe it's the angle the photo was taken at?
I think it's the angle. Notice too that the cert characters do not appear as tall as they should be for this slab type. Everything would look proper with a square shot.
Lance.
Being unfamiliar with this "net" grading, I have a question. On the older coins, do they "net" grade due to a cleaning without saying so on the label? Do they allow other marred features and then allow the coin to pass with a lower "net" grade? Is this a common practice on all coins or just older ones? I had heard they were a little more lenient with the older coins due to the length of time the coins have been in circulation, but not "net" grading. Thanks for this information.
Jim
Net grading and market grading are sometimes used interchangeably though they are not exactly the same. Any coin may be net graded (usually down) when the TPG deems it to be over all acceptable but with an unfortunate issue(s). Some problem with the surfaces, e.g. Porosity or light corrosion on old copper. A washed out appearance from over-dipping silver. An old, toned-over scratch. A "busy" look from excessive hits. A significant dig or a major distraction in the focal area.
Market grading goes both ways but is less technical and more subjective. It is usually an appearance issue. Remarkably pretty toning or luster, or perfect surfaces, might earn the coin a grade bump. Splotchy, irregular unattractive toning might drop it. It is called market grading because it is based on the coin's value, as perceived by the TPG. Some folks believe that market grading is also influenced by collector demand (what's hot) but I really don't get that.
Lance.
The serial number 2926491 does not generate a link on the PCGS certification verification site. That says PASS to me in bold letters.
Not even with a zero in front of the Cert Number...nada...pass.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Lance.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Collector since 1976. On the CU forums here since 2001.