Is a Proof 70 Still a Proof 70 with a spot? See Pic

Smittys · February 29, 2008 12:41AM

eCoinquest · February 29, 2008 12:44AM

I would have to say that it is not. If a spot formed then the coin is not "perfect". I believe PCGS has some sort of guarantee for things like this.

Prethen · February 29, 2008 12:44AM

Beautiful picture. What spot? If there's a spot, then the answer is an emphatic NO.

mgoodm3 · February 29, 2008 12:45AM

Maybe it's a perfect spot

tincup · February 29, 2008 12:47AM

took awhile for me to see the location of the spot. But once I found it, it became very distracting to me. I would not want to pay 70 money for a spotted coin.

aus3000tin · February 29, 2008 12:50AM

See spot?
I can't spot the spot?
Can you spot the spot?
What spot?

I do see a reddening on the back of the cent, in the center. Is that the spot?

Thanks,

Chris

Smittys · February 29, 2008 1:25AM

<< See spot?
I can't spot the spot?
Can you spot the spot?
What spot?

I do see a reddening on the back of the cent, in the center. Is that the spot?

Thanks,

Chris >>

Yes that spot, it was from if I remember a rinse that the US Mint used, which tended to cause these on the 1999 proofs

savoyspecial · February 29, 2008 2:33AM

looks like attractive target toning from here.....but if there is a detracting spot visable in hand then no, the coin can no longer be considered a 70 (perfect and free of defects)

greg

BECOKA · February 29, 2008 2:40AM

I agree, it is toning not what we normally refer to as a spot. Carbon spots or milk spots can actually be harmful to the surface. These would drop the grade significantly. I don't think your toning spot effects the surface and should maintain the 70 grade. You will have to check NGC's written description to see if toning is aloud for a 70 grade. It's impossible to stop so I don't see how it would effect it.

NGC's guarantee for copper is also troublesome as it only seems to apply to coins that have been slabbed for at least 10 years.

ricko · February 29, 2008 2:53AM

I would like to see a high magnification of the 'spot'... there is a difference between toning and a spot.... if truly a contaminant, affecting the surface of the coin, I would send it back for review... Cheers, RickO

SeattleSlammer · February 29, 2008 6:11AM

Send it back for review?!? The thing is a 70!
How about you sell it to one of the many suckers out there that cherish things like "70" graded coins from 1999.
As was menioned in an earlier reply, just tell them it's a "perfect" spot. Or just show them the label, that's the real value here anyways.

cinman14 · February 29, 2008 6:16AM

You need to send that crappy looking coin to me. And I will pop one out of my 99 proof set and send it to you..
It doesn't have that crappy tone thing on the surface...

Griv · February 29, 2008 6:27AM

What are you talking aout??? That looks like a perfect PF70 to me. From NGC that is.

droopyd · February 29, 2008 7:48AM

this happens to lots of lincoln proofs, very likely turned in the holder.

Prethen · February 29, 2008 7:50AM

<< What are you talking aout??? That looks like a perfect PF70 to me. From NGC that is.

>>

So would it be pretty funny if that happened with a PCGS holder?

Griv · February 29, 2008 9:43AM

<< 

<< What are you talking aout??? That looks like a perfect PF70 to me. From NGC that is.

>>

So would it be pretty funny if that happened with a PCGS holder? >>

Sure, I'd have to bust on the penny in that case.

Cameonut · February 29, 2008 10:05AM

I guess all I would say is that I would not pay 68 ultra money for that coins. How disappointing. And I bet NGC doesn't stand behind that coin at all.

Another reason not to chase the 70's IMHO.

Bear · February 29, 2008 10:09AM

I don need no steenking spot!

percyb · February 29, 2008 10:15AM

First it was ASE spots, now Lincoln spots, next ??

Griv · February 29, 2008 10:34AM

Now that you mention it, I have a spot on my favorite shirt.

morgansforever · February 29, 2008 12:20PM

I know what your going through. It sucks. Purchased with no spot, housed in Intercept shield, then out

of the blue, the dreaded spot rears it's ugly head.

It was one of 90 I believe, now it's no longer a 9. I'm hoping the spot grows a bit, covering the profile, won't look as bad.

Doogy · February 29, 2008 12:42PM

<< 

<< 

<< What are you talking aout??? That looks like a perfect PF70 to me. From NGC that is.

>>

So would it be pretty funny if that happened with a PCGS holder? >>

Sure, I'd have to bust on the penny in that case.

>>

ask PCGS about the $40,000 PF70 penny that they had to pay to buy back due to it turning horribly ugly. Copper coins don't stay "perfect" forever, and slab them as such is only asking for trouble.

tahoe98 · March 1, 2008 3:41AM

<< I guess all I would say is that I would not pay 68 ultra money for that coins. How disappointing. And I bet NGC doesn't stand behind that coin at all.

Another reason not to chase the 70's IMHO. >>

..............................

pontiacinf · March 1, 2008 11:13AM

oh you mean the goiter

I didnt see it on the first set of pics

Is a Proof 70 Still a Proof 70 with a spot? See Pic

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