Benefit of checking that Trueview - apparent mustache and whiskers graffiti on liberty...

Comments

• Jimnight Posts: 10,846 ✭✭✭✭✭

  April 11, 2020 1:45PM

  Nice!

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• ricko Posts: 98,724 ✭✭✭✭✭

  April 12, 2020 5:20AM

  Is that a die clash below her ear? Mustache looks weird...Cheers, RickO

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• lkeigwin Posts: 16,894 ✭✭✭✭✭

  April 12, 2020 5:58AM

  Yes, from the shield. Not the nose scratch.
  Lance.

  Coin Photography Services / Everyman Registry set / BHNC #213

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• Insider2 Posts: 14,452 ✭✭✭✭✭

  April 12, 2020 6:41AM edited April 12, 2020 7:19AM

  @ricko said:
  Is that a die clash below her ear? Mustache looks weird...Cheers, RickO

  Yes, and common on many of these coins.

  As for the PMD, IMO something need s to be done in the industry and only the two largest TPGS can fix this.

  We all know all sides of this predicament - or we should. Briefly:

  1. Vintage coins are old. A majority of them have been through a lot.
  2. Vintage coins have value, often high.
  3. TPGS attempt to describe the condition of a coin with a single number.
  4. It has been suggested that this number should also place a value on the coin.
  5. In many cases, this does not work because the TPGS must be fair to the coin, the submitter and a future buyer.
  6. Net Grading to try and do this is stupid folly.
  7. Commercial grading obfuscates in many instances and Gradflation is the norm.
  8. Most collectors seek the best grade coins.
  9. A very large majority of collectors and accumulators have no idea what they are doing and must rely on the TPGS.

  So the TPGS must walk a fine line that will often have detractors for good reason. The OP's coin is an excellent case in point. This is a NASTY COIN - a "trap" with most of its detail and very good eye appeal. IMO, at least 60% of the virtually-blind old guys collecting coins would not even see the scratches! In many cases (this may be one of them) the TPGS will ignore this sort of thing on a vintage coin but not tolerate it on a more modern issue. It is all a matter of degree. You cannot be too strict because most coins have some sort of problem; yet you cannot disregard major detractions that lower the desirability of a coin.

  A coin as this presented no difficulty at three of the grading services I worked for in the past. However, the coins that we properly described were broken out and straight graded! What's the solution? While knowledgeable collectors (the OP) will catch "trap" coins, the unwashed masses who rely on TPGS will not. I say let's be less lenient with what we "straight grade" at the TPGS. The top two TPGS and a sticker company control the market. Seeing this coin in a slab w/o a bean because of the scratches is not the answer. Lowering the assigned grade (Net Grading) to reflect a lower value IS NOT A GOOD SOLUTION.

  When the PMD is too obvious...grade the coin for what it is (AU-53?, scratched) and the price will take care of itself.

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• NumisOxide Posts: 11,018 ✭✭✭✭✭

  April 12, 2020 6:47AM

  Good eye.

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