My firm's buyer bought this 1873 MS62 $20 Lib for $3,525 (first screenshot), sent it to CAC, requested a gold bean but got a mere green bean. I knew that there was something special about this coin (incredibly thick luster, shockingly few marks, original) but ended up flipping it for a whopping 10% profit -- and even that took seven months of shopping it around (LOL).
Someone a lot smarter than we were got it into a $31,725 MS64 slab (second screenshot). Ouch!
These events happened years ago and I suspect that the two people who will read this have had far bigger upgrade losses (even I have), but this one haunts me to this day because the under-grading was the most obvious that I have ever seen but I was too lazy to re-slab it. And how did JA miss it?
Thankfully, I am a retailer and thus do not need to rely on grading skills.
Comments
it's obvious that the images are of the same coin, but the way both ha images look on screen are remarkably different
i would love to see the coin in hand and also image it myself
that's what i had initially guessed, but it is also why i think both images are super interesting to me
thank you so much!
i actually appreciate the opposite direction that you're going
it's super interesting to me
thank you so much!
i would like to understand the reasons that a coin in a slab with a green bean is not accurately and correctly graded
if it's not overgraded after it's been cracked out of it's previous holder that had a green bean, then why will the coin not sticker at the next grade up?
now to your point about a/b/c quality .. i don't yet understand the upgrade logic from a holder that has a green bean .. are you saying that it may not be accurately or correctly graded in the holder with the green bean when it does not (and will not) sticker at the next grade up?
thank you so much!