Post a coin you purchased because you thought it was undergraded

IrishMike · December 27, 2006 11:40PM

Cent is in an OGH and IMHO deserves a higher grade. This coin is way better than others I own in the same grade.

keets · December 27, 2006 11:42PM

maybe the others are overgraded and this ones correct. i like the surface texture and my guess is MS64RB.

IrishMike · December 27, 2006 11:47PM

No cigar for keets.

I spent 16 hours at a major show looking at cents in this grade and also stayed at the Holiday Inn Express. Its one tightly graded puppie.

CarsonCityGold · December 27, 2006 11:56PM

Bought in June of this year in NGC MS60 holder. Cracked it out and sent in raw. Now in PCGS MS62 holder.

IrishMike · December 28, 2006 12:05AM

2 grades that's a wowzer. How much price difference?

fcloud · December 28, 2006 12:05AM

This one. Was ANACS G06, then PCGS G06, then PCGS VG08.

It's hard to see in the photo, but the coin has a full rim, and that is why I thought it should upgrade, and it did.

jmj3esq · December 28, 2006 12:13AM

Its in a MS66 holder. I think it might be a 67 and should be FS.

CarsonCityGold · December 28, 2006 12:17AM

<< 2 grades that's a wowzer. How much price difference? >>

Bought from DLRC for $1325 (non-auction). PCGS 62's bring around $2300 to $2500.

Keep in mind that crackouts are kinda like going to Vegas - nobody talks about losing - I've also had my share of losers!

66RB · December 28, 2006 12:46AM

I bought this one in an ANACS MS64RB holder. It looked to me to be better than a 64, due to the smooth even coloration and the strike.
Cracked it out, sent it to NGC, they graded it MS64BN. BS!
Cracked it out, sent it to PCGS, they just graded it MS65RB.

OKbustchaser · December 28, 2006 12:46AM

None of the coins in my collection are undergraded...none of them are overgraded. I bought each and every one of them at the "right" grade, ie, MY grade on them--regardless of what any paper lable might say. The plastic grade will no longer be relevant 15 minutes after I decide to buy a coin anyway due to cracking.

Shamika · December 28, 2006 12:55AM

66RB - That 27-D is clearly a 65. Whether or not it's a BN or RB is hard to say, but no way is it a 64.

IrishMike · December 28, 2006 12:59AM

<< 66RB - That 27-D is clearly a 65. Whether or not it's a BN or RB is hard to say, but no way is it a 64. >>

This coin shows you how difficult it is to determine redbrown.

66Tbird · December 28, 2006 1:03AM

My first was a Barber 10c in Pr62 that went PR63CAM. After that easy pickup I was hooked

Oney · December 28, 2006 1:07AM

keets · December 28, 2006 1:30AM

66RB · December 28, 2006 1:52AM

<< 

<< 66RB - That 27-D is clearly a 65. Whether or not it's a BN or RB is hard to say, but no way is it a 64. >>

This coin shows you how difficult it is to determine redbrown. >>

I agree with the grade now, the strike is really good for this date and mint. Apparently NGC does not take strike into account as heavily as PCGS when determining a grade to assign. I think it is borderline RB, in hand it has just enough mint red to receive the RB designation.

Russ · December 28, 2006 2:46AM

It's now in an MS66DCAM holder.

Russ, NCNE

RYK · December 28, 2006 3:04AM

This coin was in a 30 holder:

CharlotteDude · December 28, 2006 3:39AM

This one was in a VF-30 Holder...

This one had been in an XF-40 holder...

I could go on and on....

'dude

a039 · December 28, 2006 3:42AM

I think this may go 65 and if so triples in value...

JJM · December 28, 2006 6:06AM

64....even with the hit on the leg.....

when I did a "guess the grade" it got many 65's, a few 66's etc...

I hold the coin as a "nice example" either way !

rwyarmch · December 28, 2006 6:11AM

Purchased as NGC PF64

seemyauction · December 28, 2006 6:22AM

<< None of the coins in my collection are undergraded...none of them are overgraded. I bought each and every one of them at the "right" grade, ie, MY grade on them--regardless of what any paper lable might say. The plastic grade will no longer be relevant 15 minutes after I decide to buy a coin anyway due to cracking. >>

I have to agree with this I buy the coin not the holder......

AL

Geoman · December 28, 2006 6:26AM

I bought this coin below back in 2003. I sold it in 2004 for a small profit. Never got around to cracking it out.

IrishMike · December 28, 2006 6:29AM

That wasn't the gist of the post. When I go coin shopping I make it a point not to notice the holder or the grade. When I picked this one up I like d it very much and mentally guessed it to be 65 Red. Flipping it over I saw it was graded 64 red and thought wow nice for the grade, I've seen 65's that don't look this nice even 09's. I paid 64 money for it. I had no intention of even purchasing this date as I have a few already, but the price/grade sealed the deal for me.

I think this is one of the OGH that would have a good shot at an upgrade, but the price difference in 64-65 is not great. On a side note shylock and I encountered a guy at FUN that had a 90% complete set of 65 red IHC's. Many of them were in OGH's and good update candidates.

90% of the coins I own are not slabbed.

goose3 · December 28, 2006 6:36AM

was an ANACS MS63RB up until the last baltimore show.

IrishMike · December 28, 2006 7:23AM

Sizzlelean nice upgrade Goose.

ziggy29 · December 28, 2006 7:33AM

I don't buy coins because they're undergraded. I buy coins because I like them and they are at an asking price I think is fair. Now in the case of undergraded coins, it may be the case that the coin is also underpriced. And if a coin I really like is underpriced, I'll buy it -- the fact that it's perhaps undergraded is a side-effect.

I'll pay way over sheet sometimes for coins that are "undergraded" on the slab if I like them enough.

MisterBungle · December 28, 2006 7:41AM

I like the fact that I paid MS64 money
for this one.

~

ram1946 · December 28, 2006 7:46AM

Purchased as a NGC64. Thought it had the eye appeal and the technicalities to grade higher. It did - PCGS65

Post a coin you purchased because you thought it was undergraded

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