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Equal Time: An overgraded PCGS 93-S Morgan

As I told several people when I complained about the overgraded ANACS 03-S Morgan, I will point out PCGS coins when I find them. There is no way this coin is an XF45. This is a prime example of why I won't buy this date without large images of both sides:

1893-S

Comments

  • Hmm...

    So if ANACS can't be trusted, and PCGS can't be trusted, then will I ever buy any coins at all? I think I'm going to start collecting beanie babies. image

    Kyle
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    I agree, it's only a VF coin:

    imageimage
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    The owner of this coin was SERIOUSLY dancing when they got this one back. The difference between VF-30 and XF-45 on a '93-S is prohibitive.
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Looks like a 35 to me.

    I checked the anacs in 45 linked on that page that sold for $5,700.

    image

    image
  • DennisHDennisH Posts: 13,989 ✭✭✭✭✭
    What the scan of the PCGS coin doesn't show is lustre or lack thereof. It may have a ton of it, in which case the 45 grade would still be a stretch, but...

    On the other hand, if it doesn't have significant lustre then I agree with the VF35 assessment.

    The ANACS coin isn't in the same league as the PCGS coin, IMO. If the PCGS coin should be a 35, then the ANACS coin should be a 30.
    When in doubt, don't.
  • K6AZK6AZ Posts: 9,295
    For comparison, here is a PCGS VF35:

    image
  • DennisHDennisH Posts: 13,989 ✭✭✭✭✭
    Nice coin! Any lustre? (I'll bet there is)
    When in doubt, don't.
  • K6AZK6AZ Posts: 9,295
    As I recall, there isn't. I imaged that coin for Bajjerfan. It is a nice circulated example. Hope I can find one that nice, but what I have seen so far I am not impressed with. Probably going to have to rough it out at the next Baltimore show to find a decent one.
  • JrGMan2004JrGMan2004 Posts: 7,557
    From the picture, it looks like it could be an XF40, if it still has some luster left, and it looks like it does in the picture... but I'd hesitate on calling it an XF45...
    -George
    42/92
  • K6AZK6AZ Posts: 9,295
    I don't know, with that much wear I wouldn't call it XF anything, regardless of luster.
  • I think I'd give it a 40...the neck feathers roun off nicely at the bottom...the wing lines are very clear...I think it makes EF 40, but not a 45
  • CalGoldCalGold Posts: 2,608 ✭✭
    CG

    << <i>with that much wear I wouldn't call it XF anything >>



    Well then I am sure glad that you are not grading my stuff. If I had that coin and sent to PCGS and they graded it anything less than 40 I'd be really miffed.


    CG
  • coinkatcoinkat Posts: 23,057 ✭✭✭✭✭
    The ANACS EF45 is mostlikely not a 45 but at least it is original... it is the best of the lot in this group. Finding an ORIGINAL 1893-S is tough, especially in the VF30+ RANGE. BTW, I admit that I am behind the times with respect to technology, however, the ANACS coin probably looks better in person

    Experience the World through Numismatics...it's more than you can imagine.

  • coinkatcoinkat Posts: 23,057 ✭✭✭✭✭
    BTW, please keep posting pictures of coins that have obviously been enhanced because without a doubt that makes the argument for an original surfaces designation for the TPG companies to consider. I would like to see afew more enhanced 1893-s Morgans before the thread expires...

    Experience the World through Numismatics...it's more than you can imagine.

  • relayerrelayer Posts: 10,570

    It looks like an "almost" 45
    image
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  • jdimmickjdimmick Posts: 9,664 ✭✭✭✭✭
    I agree the PCGS 93-s sure doesnt look 45, may just make 40 IMO. Still looks a little somwhat lesser. But I dont like the coin becuase of its look. Definitely been dipped, or cleaned up a little, not original.

    jim
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Sale 336, Lot 8999 Saturday, January 10, 2004 45 ANACS $5,750.00 (coin above)
    Sale 336, Lot 9000 Saturday, January 10, 2004 45 PCGS $12,650.00 (coin below)

    image
    image

    People still buy the coin not the plastic.
  • Really nice.
    Young Numismatist that collects: Morgan Dollars, SAE, Proof Sets, and Liberty Nickels.
    I also love to go through rolls to find coins.
    BST
    image
    MySlabbedCoins
  • jdimmickjdimmick Posts: 9,664 ✭✭✭✭✭
    No this photo makes it look a lot better and more in line with a solid Xf coin.
  • coinkatcoinkat Posts: 23,057 ✭✭✭✭✭
    If I had to choose between the ANACS coin at 5700 and change and the PCGS coin at 12K and change, I would choose the ANACS coin. It is original, even though it may be overgraded, but at least it is original and obviously that must not count for much these days... Sorry to have to say this, but keep the pictures coming because it illustrates my argument better than what I am able to I write in words with respect to the need for an original surfaces designation... I like PCGS, NGC and ANACS... this isn't about the individual TPG companies, its about doing what is right and servicing the collectors.

    Experience the World through Numismatics...it's more than you can imagine.

  • MonstavetMonstavet Posts: 1,235 ✭✭
    That second coin is solid 45. The first one...I would put in the high end of Very Fine...maybe a 35? What do I know?
    The ANACS coin...well...it is a desireable date!
    Send Email or PM for free veterinary advice.
  • maddogalemaddogale Posts: 859 ✭✭
    Eric, is this another case where a scarce date/mintmark coin gets a "bump" just because of it's rarity? Or is this another "dealer special" grades that PCGS hands out to big time submitters/collectors? imageisgust
    "I won't be wronged, I won't be insulted, I won't be laid a hand on; I don't do these things to other people, I require the same from them."

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