Lesson turns to indignation
Just graded coins back from NGC show no consistancy
My previous journal talked about my first attempt at buying and having graded a group of raw morgans. I made my observations and comments off of the image files I received a day ahead of the actual slabbed coins. My attitude was live and learn.
Now that I have the coins in hand, I really have to wonder what the NGC graders were smoking.
The body-bagged coin is in better shape than another that did get slabbed. Cleaning was the indicated problem. look as I may under a 10X lighted table magnifier I just can't see any polish or swirl marks anywhere or any trace of cleaning. It's not even a coin that shines like the sun due to excessive dipping.
One coin came back AU58. That coin is by method of comparison to mid/high grade coins is at least an MS65! The coin is very, very nice! They graded another coin at MS62 that looks, based on their results with this group, should be an AU50.
I am by no means an expert but I am not blind. I have been studying reference material to help me select coins that are worth grading. I also have refernce coins from NGC that range AU50 to MS66 to use as comparison coins.
I recently had some disappointing results with 2001 Silver Buffalo commems. I poured through various of them. I picked the best of the best. They were absolutely clean and pristine. NGC of course thought otherwise.
I have to concede I am new at this and no expert but I think
they did a crappy job with this group. That is of course in my humble opinion.
Rant ends...............................
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