I guess NGC doesn't even bother to look at the reverse on Bulk submissions.
VamGuy
Posts: 1,624 ✭
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VamGuy
Posts: 1,624 ✭
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Russ, NCNE
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Since when is an AU53 a gem? >>
It isn't, of course. But that is post mint damage. Damaged coins are normally not holdered, regardless of grade.
Russ, NCNE
Don't you mean pre-mint? Could it be die damage? Just wondering how the third line doesn't reall damage the 'W'?
The coin is actually part of the new X-men signature series collection. This one is signed by Wolverine.
PCGS, ANACS, & NGC Certified Coins on My Website.
<< <i>But that is post mint damage. Damaged coins are normally not holdered, regardless of grade.
Don't you mean pre-mint? Could it be die damage? Just wondering how the third line doesn't reall damage the 'W'? >>
You know what, I think you're right. On second look, it does appear very likely that it's as minted so there would be no reason not to holder it.
<< <i>they appeared to be raised on this monitor. >>
They look incuse to me.
Russ, NCNE
Edited to add: I'm not picking on VamGuy (or anyone else here), but it looks as if this MIGHT be a situation (one of MANY, in fact) in which more than one person thought a grading company had messed up, when in fact it had not.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
So who's willing to place a $250 wager?
PCGS, ANACS, & NGC Certified Coins on My Website.
<< <i>Those are cuts. They go clean through the 'w'. Any raised metal is on the edge of the cuts, since the metal gouged out has to go somewhere. They should put "Ex: Freddy Kruger" on the label. >>
John if those are gouges how do explain the one going around the "d"?
CG
Bought an 1878 Morgan (NGC 64DPL) that was labeled 8TF in '97. It was actually a VAM-31 which back then was a 7TF (now a 7/8TF weak). I did well in getting it anyway for the price but it was disturbing to me. Why should we pay the fees to get a third party to authenticate and grade a piece if they are not careful enough to get something so trivial right.
I didn't learn my lesson as last year I won a lot on Teletrade by trusting the tag. It was an ICG 1888-O. In my cherrypicking protocol, I didn't even look at the date. Found an oval O mintmark on it and made a generous bid, moving on to the next lot. I won it and tried to VAM it upon receipt. Whoops! Someone at the New Orleans mint stamped a 3 where the 8 should be! An 1883-O would not even have been of interest and certainly not at the premium paid. It was quickly and easily resolved.
I do not buy the labels and try not to rely on the labels that much anymore.
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<< <i>
<< <i>Those are cuts. They go clean through the 'w'. Any raised metal is on the edge of the cuts, since the metal gouged out has to go somewhere. They should put "Ex: Freddy Kruger" on the label. >>
John if those are gouges how do explain the one going around the "d"? >>
The knife slipped on the 'd' when the metal suddenly got thicker, and took the path of least resistance around it.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I had a Lincoln with what I would have sworn was a large die crack. NGC (NCS) disagreed and labeled the coin, 'damaged'. Truly what it was and what this Morgan is.
NGC blundered that Morgan.
peacockcoins
<< <i>John if those are gouges how do explain the one going around the "d"? >>
The knife slipped on the 'd' when the metal suddenly got thicker, and took the path of least resistance around it. >>
That doesn't explain how one line goes under the w and re-emerges inside.
Russ, NCNE
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
edit: to add:: what I mean to say is the scars happened before the coin was struck. The W Is the tell tale clue.
Andrew
<< <i>doesn't matter what they are, 98% of the people here on this forum know that if they sent in that coin it would come back in a body bag 99% of the time >>
If the coin was struck that way, I would have to disagree with your statement. Additionally, such flaws, regardless of their origin, are far more acceptable to most buyers (and the grading companies) on circulated coins, than they are on uncirculated ones.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>
<< <i>John if those are gouges how do explain the one going around the "d"? >>
The knife slipped on the 'd' when the metal suddenly got thicker, and took the path of least resistance around it. >>
That doesn't explain how one line goes under the w and re-emerges inside. >>
It goes clean through the 'w' and nicks the lower right inside. The top of the 'w' is supposed to be entirely closed, and this one's sliced open. I can't believe it sold for more than the AU50 that was the previous lot.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>doesn't matter what they are...
Andrew >>
I think 99% of numismatist's would disagree with this statement.
Looks like post- strike to me.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
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