Another NGC Grading Masterpiece

Post your pictures here if you want grades opinions.
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rjd65
Posts: 57
Joined: Sat Sep 20, 2014 1:09 am

Another NGC Grading Masterpiece

Post by rjd65 » Thu May 17, 2018 8:17 am

This coin recently sold on eBay. Utterly impossible to understand how NGC came to their grade assessment. Grade for yourself first and then be prepared to be shocked at NGC grade. Fortunately, none of the bidders were stupid and coin sold for just slightly more than trend value for 'true' grade. Hopefully winner will liberate this coin from this fraudulent holder.

1914_CAN_50Cents.jpg
1914_CAN_50Cents.jpg (156.69 KiB) Viewed 6037 times


1914_CAN_50Cents_rev.jpg
1914_CAN_50Cents_rev.jpg (143.06 KiB) Viewed 6037 times

troubadour
Posts: 142
Joined: Thu Nov 24, 2016 3:46 pm

Re: Another NGC Grading Masterpiece

Post by troubadour » Thu May 17, 2018 8:58 am

VF-20

NGC : AU-58
looks like they don't receive enough canadian coins to be able to get a real canadian coin specialist... it is probably a world coins guy who grade coins from canada

Bill in Burl
Posts: 625
Joined: Thu Sep 04, 2008 7:41 am
Location: Golden Horseshoe, ONT

Re: Another NGC Grading Masterpiece

Post by Bill in Burl » Thu May 17, 2018 1:36 pm

Judging just from the crown and the leaves, I'd say XF-40 at a minimum, but not even close to AU. I really can't grade coins from a computer screen ... you can't tell actual wear from where just the patina has been rubbed off.
Bill in Burl

bushman74
Posts: 96
Joined: Wed Dec 26, 2012 4:27 pm

Re: Another NGC Grading Masterpiece

Post by bushman74 » Fri May 18, 2018 11:06 am

Based on the wear on the centre diamond (the key point), around the eye, mustache and chin, I would give it a VF30.

It has less wear than a VF20 might would have but a little more then a EF 40 I think.

It is nowhere near AU let alone AU 58.

Just my thought.

rjd65
Posts: 57
Joined: Sat Sep 20, 2014 1:09 am

Re: Another NGC Grading Masterpiece

Post by rjd65 » Fri May 25, 2018 5:01 pm

I think VF30 is a very reasonable assessment. It really is not that difficult to at least assess almost any coin within half a grade of the 'true' grade. Why does NGC have such a hard time?

TimothyRaway
Posts: 8
Joined: Fri Jan 25, 2019 1:57 pm
Location: Denmark
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Another NGC Grading Masterpiece

Post by TimothyRaway » Wed Jan 30, 2019 7:16 am

When buying a coin, I personally prefer PCGS grading for cents, because they have, in my opinion, more stringent standards for making the grade.
As a seller, that might work against you, but I think that more people want PCGS grading than NGC for pennies. Even if you get a lower grade with PCGS than NGC, you probably will have more people interested in buying a PCGS-graded coin.

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