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1855 2 1/2 Gold - PCGS "Alter Surfaces" - Can you see evidence?

WindycityWindycity Posts: 3,603 ✭✭✭✭✭
Okay, I posted this coin a couple weeks back and said I was sending to PCGS for grading. Just got the results and PCGS say "altered surfaces." I am not a gold expert by any means but I interpret this to mean it is not counterfeit but has altered surfaces. I just can't see what they are seeing that I am apparently missing. Anyone's help on this would be appreciated.

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<a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website

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    GoldbullyGoldbully Posts: 18,508 ✭✭✭✭✭
    Looks beautiful to me....but, I have no grading background.......YET!!!!!

    Can't wait to get the lowdown.


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    a coin with that much detail should have cartwheel luster - does not look like it


    by the way, PCGS did not say coin was authentic


    you may need to send to ANACS or NCS to determine if authentic




    raw gold sucks for most collectors - hopefully just a couple hundred dollar lesson
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    DaveGDaveG Posts: 3,535
    According to the PCGS Grading Guide (1st edition), "altered surfaces" could include: 1) rubbing "nose grease" on the coin to dull shiny spots on the high points of the coin that may represent wear; 2) "Thumbing" - a similar technique ; 3) applying dental wax or auto body putty; or, 4) whizzing.

    Other than whizzing (visible at certain angles), I'm not sure any of these techniques could be detected from an image.

    Check out the Southern Gold Society

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    RonyahskiRonyahski Posts: 3,120 ✭✭✭✭✭
    There is some discoloration in the obverse field where the marks are prevelant. Could this be an area of thumbing in order to try to hide the marks?
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
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    TrimeTrime Posts: 1,863 ✭✭✭
    Looks "polished" Shiny without luster.
    Trime
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    I think PCGS has been very tough on gold recently. I cracked out a quarter eagle (PCGS OGH) and submitted it--PCGS said it was cleaned. The coin is completely original and I have no idea what would lead them to believe its been cleaned. I guess its time to resubmit.

    Your QE has some uneven skin which might be the result of an old cleaning. But I don't mind the look and am not 100% certain its been cleaned. Wait awhile and try it again.
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    darktonedarktone Posts: 8,437 ✭✭✭
    on the obverse- what's that mark between the 5th and 6th star? What are those dark spots on the reverse? Did someone try to cover up an ex-jewelery piece?
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    WindycityWindycity Posts: 3,603 ✭✭✭✭✭
    Dark spots on reverse are very light natural spotting which I decided not to attempt to clean because the surfaces appeared so original... no evidence what so ever of any jewelery markings. The photo is very accruate and represents the color, luster and condition of the coin.
    <a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website
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    REALGATORREALGATOR Posts: 2,696 ✭✭✭✭✭
    From the photos, It looks like MS63+ details, but where's the luster? Lack of luster means somethin funky goin on.

    I would take it to the next major coin show in your area to a get a consensus of (hopefully) expert opinions.

    -RG
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    I think the photo is tending to "hide" the luster. There is plenty of it on the figures.

    I had a similar experience when cracking out a MS64 $10 Lib from an NGC holder. The coin appeared to be a no brainer MS65. Upon resubmission to NGC they graded it "altered surfaces." PCGS saw the coin next and said the same thing. Yet I've shown the coin to a few top gold wholesalers and they could not identify the problem.
    Cartwheel luster is strong, no evidence of wiping lines, etc.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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