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Topic: 2011 Casascius Error Coin - MS-63 - Low Price - page 2. (Read 1815 times)

legendary
Activity: 1554
Merit: 1009
Coin's definitely been cleaned in some fashion, as evidenced by the heavy patina around the date and Vires in Numeris. There's no way a coin with that many nicks on the edge and back wouldn't be covered in tarnish on the front.

Maybe the previous owner rubbed it for good luck every day.  Huh
legendary
Activity: 1499
Merit: 1164
Is the last digit missing on the hologram?  

I noticed that also, but it must not have been printed from what I can tell? The coin does not look handled to me in any way. Here is the full address -> https://blockchain.info/address/17jQvv24kHXpW9RctP2SoE12Z8Z45euQG9

So it is missing "4"


After typing a long response, I closed the window - Damn.  Retyping most of it here....

Polish - As a common test, you can rub the coin with your finger or better yet, a q-tip.  Typically, you will find it leaves a black residue from the polish that you can't see until rubbed.
My very first coin was given to me for my birthday years ago when the coin was worth $30.  He was rubbing it with windex and the letters were lighter.  I thought it was a dumb way to do the stickers, but I guess it didn't matter since the Pkey was still secure under it.  Smiley

With the above said, I have sent in many coins to be graded.  I thought ANACS messed up on a couple, because I noticed that the label on the case was diff than the first bits I sent in (being a character missing).  It turns out that uberbills / casascius list shows a one more than the coin was showing.   So, it's possible you simply have a misprint of the last character.  Can this be considered a double error cause of the spelling and missing character?  Probably not, but maybe so on the S2 coins which are printed under the label.  (Really just an alignment issue when printing)

I will get a couple of pictures tomorrow (if I get a chance) of such coins.
legendary
Activity: 2128
Merit: 1119
Well for what it is worth the only coins I have ever collected are Casascius coins. I started doing a good amount of research after submitting my first batch of coins for grading (early 2013?). My understanding is that if you get a coin back and feel you were shafted on the grade it is expected you resubmit it. ANACS (along with all other graders) offer to crack the slab and do not tell the graders it is a resubmit. The slabs are removed in a separate area by non-graders. I feel more comfortable removing my own slabs so that I know for a fact no damage is done...

My understanding from speaking with ANACS is = ANACS only cares about holograms if they have been peeled or are damaged physically.


hero member
Activity: 679
Merit: 526
I do know that ANACS will not care about it grade wise.



having had a grade of ms60 for an error coin with missing bits i am not so sure they will not care.

Got a pic of that coin? I am guessing it has a lot more issues than some missing digits on the hologram. I had a handled coin that was rough that at least graded MS-63.

Blazed, why do you defend ANACS grading while admitting that you repeatedly send back coins to get re-graded basically admitting that their grading is arbitrary\inconsistent and in effect worthless?  I love that you are transparent about this but confused by the defensive stance.

In the coin grading world coin resubmits are expected and common. I am not defending ANACs I am saying that no way his coin got MS-60 due to the hologram. ANACS even offers re-grading services and all grading companies admit grading is subjective and can change with the grader.

"it's estimated that as much as 75% of the graded population of some issues is from resubmissions - for instance, PCGS has graded 100 of them but there's really only 25, being submitted over and over again. If the coin is worth enough in a higher grade, people will submit it 25 times in the hopes of catching that one grader having a bad day who upgrades it"

It is how grading works with all companies not just ANACS  Wink

Thanks for the response, I didn't realize it was so prolific.  It's really only been since I can track a unique feature on a coin like a bitcoin public key where it has really stood out to me.  There was a certain amount of opaqueness before.  The biggest lesson for me has been how ignorant as a consumer I have been.
legendary
Activity: 2128
Merit: 1119
I do know that ANACS will not care about it grade wise.



having had a grade of ms60 for an error coin with missing bits i am not so sure they will not care.

Got a pic of that coin? I am guessing it has a lot more issues than some missing digits on the hologram. I had a handled coin that was rough that at least graded MS-63.

Blazed, why do you defend ANACS grading while admitting that you repeatedly send back coins to get re-graded basically admitting that their grading is arbitrary\inconsistent and in effect worthless?  I love that you are transparent about this but confused by the defensive stance.

In the coin grading world coin resubmits are expected and common. I am not defending ANACs I am saying that no way his coin got MS-60 due to the hologram. ANACS even offers re-grading services and all grading companies admit grading is subjective and can change with the grader.

"it's estimated that as much as 75% of the graded population of some issues is from resubmissions - for instance, PCGS has graded 100 of them but there's really only 25, being submitted over and over again. If the coin is worth enough in a higher grade, people will submit it 25 times in the hopes of catching that one grader having a bad day who upgrades it"

It is how grading works with all companies not just ANACS  Wink
hero member
Activity: 679
Merit: 526
I do know that ANACS will not care about it grade wise.



having had a grade of ms60 for an error coin with missing bits i am not so sure they will not care.

Got a pic of that coin? I am guessing it has a lot more issues than some missing digits on the hologram. I had a handled coin that was rough that at least graded MS-63.

Blazed, why do you defend ANACS grading while admitting that you repeatedly send back coins to get re-graded basically admitting that their grading is arbitrary\inconsistent and in effect worthless?  I love that you are transparent about this but confused by the defensive stance.
legendary
Activity: 2128
Merit: 1119
I do know that ANACS will not care about it grade wise.



having had a grade of ms60 for an error coin with missing bits i am not so sure they will not care.

Got a pic of that coin? I am guessing it has a lot more issues than some missing digits on the hologram. I had a handled coin that was rough that at least graded MS-63.
legendary
Activity: 2242
Merit: 1057
I do know that ANACS will not care about it grade wise.



having had a grade of ms60 for an error coin with missing bits i am not so sure they will not care.
legendary
Activity: 2212
Merit: 1118
Lie down. Have a cookie
I would consider selling this one for PayPal if the buyer is trusted enough. Opinions on if I should just grade this or not?
Take the chance and grade it, maybe you'll keep getting MS-70's for the community Tongue
legendary
Activity: 2128
Merit: 1119
I would consider selling this one for PayPal if the buyer is trusted enough. Opinions on if I should just grade this or not?
legendary
Activity: 2128
Merit: 1119
If the coin were cleaned there is no way someone would try to clean the hologram? The coin has no swirl marks from cleaning on it that I can see at all. I did not buy this directly from Mike so I really can not say what is up with that missing letter. I do know that ANACS will not care about it grade wise.

Edit: This is why I prefer dealing with graded coins lol... I will say that it looks the same face wise as one of my MS-67 errors coins. I can put a pic up of them side by side if it helps? Maybe I am better off just grading it...meh.
 
The coin looks either cleaned or polished.  This could have been intentional or the result of being in a soft cloth bag in someones pocket for a long period.  I'm leaning towards polished on the face because the reverse doesn't look touched.  The most obvious sign is the darkness or non-polish around the raised surfaces like the vires in numeris lettering and the date(see second pic).  Just my two cents.

Every polished coin I have ever seen has swirl marks on them though.
hero member
Activity: 679
Merit: 526
If the coin were cleaned there is no way someone would try to clean the hologram? The coin has no swirl marks from cleaning on it that I can see at all. I did not buy this directly from Mike so I really can not say what is up with that missing letter. I do know that ANACS will not care about it grade wise.

Edit: This is why I prefer dealing with graded coins lol... I will say that it looks the same face wise as one of my MS-67 errors coins. I can put a pic up of them side by side if it helps? Maybe I am better off just grading it...meh.
 
The coin looks either cleaned or polished.  This could have been intentional or the result of being in a soft cloth bag in someones pocket for a long period.  I'm leaning towards polished on the face because the reverse doesn't look touched.  The most obvious sign is the darkness or non-polish around the raised surfaces like the vires in numeris lettering and the date(see second pic).  Just my two cents.
legendary
Activity: 2128
Merit: 1119
If the coin were cleaned there is no way someone would try to clean the hologram? The coin has no swirl marks from cleaning on it that I can see at all. I did not buy this directly from Mike so I really can not say what is up with that missing letter. I do know that ANACS will not care about it grade wise.

Edit: This is why I prefer dealing with graded coins lol... I will say that it looks the same face wise as one of my MS-67 errors coins. I can put a pic up of them side by side if it helps? Maybe I am better off just grading it...meh.
legendary
Activity: 1470
Merit: 1017
Star Wars Ep. 9 is here
Is the last digit missing on the hologram?  

I noticed that also, but it must not have been printed from what I can tell? The coin does not look handled to me in any way. Here is the full address -> https://blockchain.info/address/17jQvv24kHXpW9RctP2SoE12Z8Z45euQG9

So it is missing "4"



In your opinion does the coin look cleaned? It would be strange that Mike forgot to print the last digit.

To me it looks like part of the last number 2 is missing its right side.  So I think something smeared off the ink.   If it was cleaned, how does that affect grading?  Would ANACS penalize it and maybe give it some remark on the slab like "Cleaned", "Altered", etc?
hero member
Activity: 578
Merit: 554
Is the last digit missing on the hologram?  

I noticed that also, but it must not have been printed from what I can tell? The coin does not look handled to me in any way. Here is the full address -> https://blockchain.info/address/17jQvv24kHXpW9RctP2SoE12Z8Z45euQG9

So it is missing "4"



In your opinion does the coin look cleaned? It would be strange that Mike forgot to print the last digit.
legendary
Activity: 1470
Merit: 1017
Star Wars Ep. 9 is here
Include me in the PM list too.  This coin looks great.
legendary
Activity: 1252
Merit: 1259
MONKEYNUTS
Is the last digit missing on the hologram?  

I noticed that also, but it must not have been printed from what I can tell? The coin does not look handled to me in any way. Here is the full address -> https://blockchain.info/address/17jQvv24kHXpW9RctP2SoE12Z8Z45euQG9

So it is missing "4"



Good spot DC.







legendary
Activity: 2128
Merit: 1119
Is the last digit missing on the hologram?  

I noticed that also, but it must not have been printed from what I can tell? The coin does not look handled to me in any way. Here is the full address -> https://blockchain.info/address/17jQvv24kHXpW9RctP2SoE12Z8Z45euQG9

So it is missing "4"

sr. member
Activity: 496
Merit: 264
In memory of Zepher
Is the last digit missing on the hologram? 
legendary
Activity: 1252
Merit: 1259
MONKEYNUTS
Ridiculous sheen on the brass side. Not quite the same sheen on the holo side. Couple of nicks around the edges, but thats the brasses for you.

Difficult to 'grade' in my mind. First impressions of the coin, given that sheen, is a definate wow.
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