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gmarguli

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Posts posted by gmarguli

  1. Overall they appear to be MS63-MS65 quality. The TPG are very loose on grading commems, especially the BTW which frequently come poorly struck so what look like marks on the portrait is just areas not fully struck up. 

    This is one coin that dealers frequently can't grade and will buy them at low generic UNC prices (and sell gems at lower unc prices). If you're looking to sell them, consider running them through Great Collections who have discounted grading fees with the TPG. 

  2. Several possibilities.

    1) Counterfeit. It's a better date coin, so I have no doubt that counterfeits exist.

    2) Pattern. This date/mint was struck as a pattern. Off metal strikes were common with patterns. The 2P for this date/mint exists as a pattern with reeded edge. 

    3) Overstruck on a coin that had a reeded edge. 

    It'd be nice to know metal composition and weight.

  3. 25 minutes ago, World Colonial said:

    Sorry but this is really grasping at straws to generate grading fees.  Are submissions really down that much?

    I won't be adding any of these to my collection, but it appears to be a fund raising effort for the ANA, which I assume people consider a good cause. The press release sounds like the SAE were donated by APMEX and NGC likely put them in holders for free due to their "official grading service"  relationship with the ANA. In the end, the ANA gets money and members.

  4. 33 minutes ago, Insider said:

    This thread is getting slightly better.  Now we know that NGC and PCGS have disagreed and "someone" is going to have the final word.  That's nice.  BTW, it all depends on who that "someone" is.  PM me and I'll give you the address of my blind grandmother for her opinion too.  Unfortunately, we still don't know what the coins are - very sad but this thread is hypothetical right? 

    The "someone" is highly qualified. I have seen more than one TPG bring coins to him at shows to authenticate. And I literally mean that someone submitted the coin at a show as a walk-thru and the TPG had an employee walk it over to his table for him to authenticate for them. 

    Why does it matter what the coins are? If I said they were gold Russian 10 roubles would it make a difference? Would your opinion change on my initial question if they really were Japanese Trade dollars? Chinese dollars? Great Britain Gothic Crown? Do I get different answers for each type? 

  5. 1 hour ago, Revenant said:

    It is possible that the company that called it counterfeit just knew the coins were commonly faked and just didn't want the liability. I say this having no idea who was who and who looked at it. I just think its human nature to some degree to hedge if you think there's room for doubt.

    That would make sense except they have graded hundreds-to-thousands of them already. 

    As for the coins, I've made arrangements for someone to look at them. If he says counterfeit, I'll return them to the owner and let him do what he feels best. 

  6. A difficult financial situation? I don't understand how. It's not like they approved a budget where they have a net income of negative $1.4 million, which is 35% of their total income. 

    I see that they spend almost $2 million on salaries and another half million on employee benefits. How many people does the ANA employ? 

    Is there a list of all the coins and books they have? If they have any dup coins, those should be sold, not hoarded. 

    I'd feel more inclined to donate to the ANA if I felt it was more transparent of an organization.

  7. 31 minutes ago, VKurtB said:

    And if NGC offered a crossover on ICG coins, I'd have done it that way, but they don't. I've done this now 7 times total, and on all 7 occasions, the older ICG grade and the newer NGC grade matched exactly. My latest was a 1893-S Morgan that both had at VG8. It had been purchased RAW and sent to ICG originally. I trust older ICG grades just fine. Too much gradeflation recently.

    You suffer from confirmation bias. You're interpreting your actions as having some affect on the outcome when in reality it has none. You see, when I mail my submissions I never use exact postage. I always round up to the next $10. That way the TPG knows that I'm not some piker who can only afford low end coins. I've done this 7 times and all 7 times I've received high grades. 

    And having spoken to numerous graders over the years I can assure you they don't give a s*** that the coin they are grading was originally graded X by another TPG. 

  8. 13 minutes ago, Quintus Arrius said:

    I don't know if I am reading this right or not but the hand-delivered submission of a "raw" coin in an open casket, sorry, gasket, suggests a purposeful attempt to skew or influence the grading proces.  I wonder if I would have been big enough to recuse myself from this blatant display of impropiety. 

    The person processing the submission likely takes the coin out of the gasket. The graders probably never know that it arrived in a gasket. Even assuming it survives into the grading room, the first grader is going to remove it from the gasket to examine the edge and the second grader will have no idea about the gasket. 

  9. This coin is double struck with the second strike being rotated 17*. It currently resides in an NGC slab without any mention of the error. If I send it back, will NGC designate this as a mint error?

    First coin is the error coin. Second coin is for reference as to what it should look like. Dramatically different! 

    1620hamburg.jpg

    1828231.jpg

  10. 17 hours ago, Just Bob said:

    No offense intended to the artist or engraver, but that is a horrible likeness of the princess.

    They used a post crash picture.

    And if you think that is bad, take a look at their 1996 transgender-alien hybrid James Dean. 

    g114.jpg

     

    17 hours ago, Quintus Arrius said:

    To my many detractors who mocked my use of a 30-power loupe:  do you honestly think you would be able to detect the barely imperceptible vibration of this gem with a mere 5-to-7 jammy?  Take a good look at those top three photographs. Thank you, Mr. Hinkle, for vindicating me once again. And good luck on your quest!

    If you have to use 30 power to see something, then it is probably not worth seeing. And I don't see any doubled die. What I see is a mixture of the way the die was engraved along with some minor shifting of the die/planchet when struck. 

  11. 16 hours ago, Insider said:

    As to this thread.  Quit playing games.  WHAT IS THE COIN!   That makes a big difference.  Some coins are better sent to one service while the other service is better at authenticating other types.  

    Not one coin, but several - around a dozen. While they are from the same country, there are several different types. And as I stated before, I believe that both PCGS & NGC graders are highly competent in this area. 

  12. 4 hours ago, Alex in PA. said:

    And with each one of these designations the 'collector' was bestowed with additional cost.  Now I don't begrudge a person to make his fortune but once in a while I would have like to have seen the average run of the mill kid collector get a break.  These are just my thoughts and my humble opinion.  Proof Like - Nope.  If it isn't a Proof coin it isn't.

    You're making the assumption that the coins blessed with a "new designation" ended up costing the collectors more. It is entirely possible that those coins without the new designation were reduced in value at the same time. And regardless of what designations the TPG wish to assign, it is up to the marketplace to decide if they have value.

    And I'm not so sure what problem you have with understanding that "prooflike" is used to describe a coin that looks like a proof, but is not.