What the heck happened here?

[the_Thing ®]

1884 cc Morgan

 

[BillJones]

The most likely cause is that the coin was dipped before it was sent in for certification and the chemicals were not properly rinsed off and neutralized. The residue chemicals have attacked the coin and made it dull. My guess is that this coin will be impaired, even if you send it in for conservation. I believe that the luster has been impaired permanently.

[the_Thing ®]

Looks like PCGS sure screwed the pooch on that one.

[mumu]

1884 cc Morgan

 

 

Hard to say for sure. Possibly someone was selling coke to kids. Got caught and had their assets seized. Had some coins and now up for auction.

[WoodenJefferson]

Looks to me like a flood victim.

[thebeav]

I can't help but notice that you guys have not bid.....Heck, there's only a 19.75 % buyer premium.....

Paul

[messydesk]

Top rated seller, 3 negs out of 17 sales in the past month.

[e1cnr]

their scanner makes silver coins exceptionally ugly

[PerryHall]

their scanner makes silver coins exceptionally ugly

 

Agree it's a bad pic. I bet it looks a lot different in hand.

[RWB]

The seller is "Invaluable, LLC. and participating auction houses." There is no connection with Federal or State asset disposition....it's just a name.

[WoodenJefferson]

Seller's estimate: US $500.00 - US $600.00

 

 

What is this, bid bait?

[physics-fan3.14]

Seller's estimate: US $500.00 - US $600.00

 

 

What is this, bid bait?

 

Yes.

 

I've watched a few of their auctions in the past. Their estimates are really high, but the coins usually wind up going for around what the price guides say (in other words, strong retail). They don't usually get up to the estimate.