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1964 PR69 Kennedy w/Toning Spot

LeeGLeeG Posts: 12,162 ✭
in U.S. Coin Forum
I'm sure this toning spot arrived after grading. Initially I thought it was PVC but my glass and pic's proved otherwise. The toning spot is around a small hole on the forehead. It's a very nice example except for this. I've sent several coins to PCGS under the grade guarantee and PCGS has always treated me right on this. This is a coin I will send in under this service if I ever decide to sell the coin. Just posting it to hope some feel it's useful for coin grading purposes and/or a learning experience.

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Comments

  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    Simularities with the Orion Nebula on your sig line?

    Still a nice PR JFK
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • RussRuss Posts: 48,514 ✭✭✭
    It's a milk spot and likely emerged after grading. All too common on these, particularly on bulk submitted coins, which is where the vast majority of PR69's came from. You also have one growing at the bottom of the reverse.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Bulk graded coin!! Sent one just like it in under grade gaurentee. PCGS bought it back for $50.
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • LeeGLeeG Posts: 12,162 ✭
    Russ and Marty appreciate your thoughts on the coin. I sent a milk spotted SAE back to PCGS. This spot doesn't look like those did? Russ, your right. It looks like three spots of some sort on the reverse.image I should have remembered cert #'s starting with a 7 are usually bad ju ju.image
  • RussRuss Posts: 48,514 ✭✭✭
    It could be worse.

    image

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RarityRarity Posts: 1,457 ✭✭✭✭
    I don't quite get it.

    Someone sent in a coin for grading. PCGS graded it and asigned a PR69 or PR70 at the time of grading. 6 months later, the same coin developed a spot and now the owner of the coin is asking PCGS to buy back the coin at market price.

    Why PCGS is held accountable for something that is beyond their control ?
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Why PCGS is held accountable for something that is beyond their control ? >>



    It's a risk they assume as part of their guarantee.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RarityRarity Posts: 1,457 ✭✭✭✭
    Russ,

    Thanks for your reply.


    Further question:

    If I stored my coins in an unfriendly environment - potentially causing spot or dark toning - would it be fair to PCGS to buy back my coins ?

  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    supposedly...the plastic slab is "sonically sealed" 360 degrees around the two halves of the plastic holder. (sandwhich) Environment can't get in, nor out...the sealing and grading rooms have a controlled atmosphere to prevent environmental damage to coins.

    It's all part of their risk as a encapsulation service...risk that the coins in holders will not turn ugly, nor spot.

    Much discussion on the spotting of Silver Eagles after slabbing has been completed. Has to do with the rinsing of the planchet at the mint, pre-strike conditions which after minting no one has control over. They just appear out of no where.

    help?
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    with or without the spot, that is still a might fine proof!

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