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PO'ed and scratching my head. NGC Star designation review results.

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  • RayboRaybo Posts: 5,341 ✭✭✭✭✭
    I like the results you got!

    The moral is...........one out of six ain't bad AND, if you think you know better, keep it to yourself. image

    Ray
  • coinpicturescoinpictures Posts: 5,345 ✭✭✭
    Shoulda had some heavy hitter submit the coins for you. Betcha the results would have been different.

    You want an FBL designation? Submit to PCGS... they seem to enjoy giving FBL designations to about any Frankie out there, actual bell lines are immaterial.
  • WindycityWindycity Posts: 3,554 ✭✭✭✭✭
    I would be happy to buy that Washington from you.... star or not.
    <a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website
  • TassaTassa Posts: 2,373 ✭✭


    << <i>If you really think it deserves a star then pick up a Sharpie and draw a star on the slab. Who cares what NGC has to say about it. >>



    image
  • jmski52jmski52 Posts: 23,281 ✭✭✭✭✭
    All pretty coins - but the color is not the only consideration for a star.

    I believe that this is the case for NGC star designation. I like that 49-D and it does look close for FBL, but it's a tough call.

    It's really easy to fall in love with the colors on these coins, and I have no doubt that it's even harder to keep your objectivity when you own them.

    The quarter is the most attractive of the 6 coins, imo. And it does look like a star to me. A super mellow coin, SkyMan!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BearBear Posts: 18,953 ✭✭✭
    They don't actually use three graders.

    Usually a single grader with multiple

    personalities is used.image
    There once was a place called
    Camelotimage
  • SkyManSkyMan Posts: 9,515 ✭✭✭✭✭


    << <i>They don't actually use three graders.

    Usually a single grader with multiple

    personalities is used.image >>



    LOVED it Bear!!!
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Bear,I too am LMAO,Sy you know what you have,save your money my friend.Very nice toners.image
    Great coins are not cheap,and cheap coins are not great!
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    You know Larry is colorblind at NGC, he only works 15 minutes a week. The odds of him...............
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    I think they got it about 70% right. and YES, the quality of the inner white piece sucked on my last submission as well.......
    " YOU SUCK " Awarded 5/18/08
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭


    << <i>Had you submitted each of those coins with a group of average white MS65's or MS66's, they would have had a better chance of going star* imo. When submitted in a group of great looking coins, they get to cherrypick which ones stand out among the standouts.
    Coins are often judged by the company they keep. That's a very misunderstood part of the grading "conundrum." But if you talk to dealers who submit coins to make a living, this is a huge part of the game with many subtle aspects. I almost look at is as trying to lead the graders to the right answer...so don't make it any harder for them to agree with your conclusions. >>



    Interesting post. I wonder if the same can be said for grades at other TPG's. image

    Think of the implications...
    Collector of Large Cents, US Type, and modern pocket change.
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  • morgansforevermorgansforever Posts: 8,486 ✭✭✭✭✭
    It's an opinion of eye appeal. The Washie has a great look, worthy of a star.

    I would have also starred the 54D Franklin. They all look great.

    Looking to rid yourself of the 54D? image

    Scott
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • PawPaulPawPaul Posts: 5,845
    We are all stardust..........

    submitting coins for grading is a crapshoot
  • garsmithgarsmith Posts: 5,894 ✭✭
    OK I'm waiting to see the star class submittal coins, where are they image
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭


    << <i>

    << <i>

    << <i>Had you submitted each of those coins with a group of average white MS65's or MS66's, they would have had a better chance of going star* imo. When submitted in a group of great looking coins, they get to cherrypick which ones stand out among the standouts.
    Coins are often judged by the company they keep. That's a very misunderstood part of the grading "conundrum." But if you talk to dealers who submit coins to make a living, this is a huge part of the game with many subtle aspects. I almost look at is as trying to lead the graders to the right answer...so don't make it any harder for them to agree with your conclusions. >>



    Interesting post. I wonder if the same can be said for grades at other TPG's. image

    Think of the implications... >>



    How can this theory be accurate , the graders are grading 100's of coins a day, who knows maybe more, so they get a batch of coins and now they are just going to compare it with the others in the said batch and thats that. Too simple of a theory in my opinion, lets give these graders some credit , they aren't stupid, they are grading 1,000's and 1,000's of coins over a course of time, they will not be influenced simpleton as described period end of story.image >>



    It's kinda a reverse of the "setup coins" theory. Often times, if someone wants to try to get a certian grade for a coin, they'll send it in mixed with a batch of coins that are very solid for the desired grade. The idea is that the grader gets in the swing of assigning that grade, giving the borderline coin a better shot. It often works, too.

    In this case, it's the reverse. Put in a coin that really stands out amongst a bunch of others that don't.... it certainly seems to make sense.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>How can this theory be accurate , the graders are grading 100's of coins a day, who knows maybe more, so they get a batch of coins and now they are just going to compare it with the others in the said batch and thats that. Too simple of a theory in my opinion, lets give these graders some credit , they aren't stupid, they are grading 1,000's and 1,000's of coins over a course of time, they will not be influenced simpleton as described period end of story.image >>



    I tend to agree with Realone, but it doesn't stop submitters from attempting to employ this strategy (or any other goofy one you can imagine).
  • airplanenutairplanenut Posts: 22,405 ✭✭✭✭✭
    I have complained many times about the star designation, but I don't think NGC was wrong in this case. Here's my opinion of the pieces:

    1957 25c: Spectacular coin and color. If this didn't get a star, something would definitely be wrong.
    1957 10c: Very nice piece, but I've found that monochrome dimes tend not to receive the star. Occasionally one that has immensely bold color and electric lustre will get it, but this seems a bit light in color. At the very least, I think NGC is being consistent on this one.
    1958-D 10c: Again, nice color, but from the photos, it looks a bit dark and perhaps has a tad less lustre than they're looking for. Compare it to the 1957 quarter and you can see how much brighter the toning could be.
    1954-D 50c: I'm not sure how much of the color I can accurately gauge from the photo, but my guess is they were looking for a bit more color, and perhaps more lustre (I can't tell from the picture). I'll agree that it's an attractive coin, and I would think it's one that could go either way. As to its eye appeal for the date, I'm not sure how much that factors into their decision.
    1958-D 50c: Another attractive piece, but I'm not wild about it. I would say the color's a bit too dark, especially on the high points on the obverse, along with perhaps slightly too little lustre. I personally don't like the broken areas on the obverse, and NGC tends not to, as well.
    1949-D 50c: It's a nice coin, but it's too dark and too mottled to get the star. I wouldn't expect NGC to give it the star, even though there are spots of brighter color--they're not fans of mottled toning. As for the FBL designation, it looks like there's a hairline that curves from the left of the crack through the top band of bell lines, and perhaps the lines are just a bit weak immediately left of the crack. NGC requires all 6 lines to be full, and I think this one just misses.




    << <i>

    << <i>Not the technical grade. The star is for eye appeal. >>



    Check the population reports and registry sets and keep telling yourself that if you want to believe it.image >>

    If you send a coin in for a grade review, it can come back with or without a star. If you send it just for a designation review, only the star is reviewed. A low-end 65 with amazing color can still receive a star; the eye appeal is not a judge of the solidness of the grade, but just the coin's overall look. Yes, points are changed in the registry and the star is separated in the population report, but I would agree that the star and the grade are independent of each other. If a coin could be a high 64 or a low 65, and receive the star either way because of its toning, the two must be independent; if they were dependent, the star would only be applied when the coin is high for the grade, in the case, the MS64 holder.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • airplanenut, if the coin is sent in for a grade review, is the review limited to the star designation? I am not certain I understand this part of your comment. Can it come back with lower or higher grade with/without a star? Respectfully, John Curlis
  • airplanenutairplanenut Posts: 22,405 ✭✭✭✭✭


    << <i>airplanenut, if the coin is sent in for a grade review, is the review limited to the star designation? I am not certain I understand this part of your comment. Can it come back with lower or higher grade with/without a star? Respectfully, John Curlis >>

    Charley, NGC has multiple reviews (like PCGS). Let's say you have a Franklin Half graded MS65. When you send it to NGC, you can choose:

    Grade review: The coin's grade is reviewed, and so are the designations. The number can change, and FBL and/or star can be added
    Designation Review: The coin is sent as an MS65 for evaluation regarding only the star and/or FBL designation. True, if NGC realizes the coin is severely mis-graded they can change it (I think they can even do that on a reholder) it's unlikely.

    Similarly with PCGS, you can do the same thing, though only the FBL would be checked, as they don't have the star designation.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • Thank You. That is the clarity I was seeking, for myself and others reading this Thread. Respectfully, John Curlis

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