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1923 Mercury Dime - You Vs. PCGS

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Valued Member
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161 Posts
 Posted 03/10/2012  3:48 pm  Show Profile   Bookmark this reply Add seateddime48174 to your friends list
if we tell it like it is with PCGS do we risk being kicked off this board too ?
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 Posted 03/10/2012  7:28 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list

Quote:
MS63FB
That's probably closest to what I paid.


Quote:
PCGS Grade: MS-64FB
Yep, that's what's on the slab.


Quote:
GEM BU....MS-65, conservatively.
I agree, comparing it to my other graded Mercs it's easily a MS65FB.


Quote:
MS-66 FB!
Going by the paucity of any significant marks, I think it compares well with any of the graded 66s I have.

The only thing I can think is that they knocked it down for the spotting on the reverse. It has other flaws, but they're all die characteristics. The luster is a bit subdued - it lacks "bling" - but that's a consequence of the die state, not haze or oxidation - I have 66 and 67 graded Mercs with similar luster. There are also die abrasion lines (not very visible in the picture) that could be mistaken for hairline scratches, but they're present on the majority of Mercury dimes, I can't imagine they'd make that mistake. The most distracting mark on the coin is a luster break between IGWT, the "L" and Liberty's chin, but it's actually die burn, not a contact mark. It's extremely difficult to find any marks at all without magnification.

Regardless of their reasoning, I'm the winner in the end. I get a solid gem for a very good price.


Quote:
Does that mean if a particular year has a weak strike, they also take THAT into account ? Isn't that being subjective? Or is it merely being more responsive to each single year's issue and its comparative strengths and weaknesses?

They definitely grade on a curve for the FB designation at least. A 1945 is so rare with full bands that the barest separation is enough to earn the FB. But if it's got a "D" on the back, it will be held to a much higher standard.
Edited by CaptainFwiffo
03/10/2012 7:43 pm
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United States
5854 Posts
 Posted 03/10/2012  7:57 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
I was going to guess MS-65 FB before looking at the answer. That is a great buy at near MS-63 FB money!
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 Posted 03/10/2012  9:37 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
CaptainFwiffo - Do you think it's a FSB or just FB? You got a steal on this coin!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 03/10/2012  9:50 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
FSB is the designation that ANACS uses and FB is the designation that PCGS and NGC use, but they use pretty much the same standards to apply it. "FSB" ostensibly is an abbreviation for "fully split bands" but the "FB" designation also means fully split bands. If there was to be a designation for fully split and rounded bands, it would have to be something like "FSRB" or "FRB".

But to answer what was probably your question, the bands on this dime are fully split and as rounded as possible and would meet any definition of fully split bands. (As macmercury noted above, 1923-P is usually well struck.)
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 Posted 03/11/2012  05:25 am  Show Profile   Bookmark this reply Add westcoin to your friends list
I haven't collected many of these in decades, I remember them more from the days of no slabs, I used to differentiate my inventory between FB and FSB with the FSB being the full rounded bands, I guess times have changed, I only asked because I recalled seeing both FB and FSB on slabs recently, didn't think to notate they were probably in different TPG company holders, thanks for the lesson, even an old dog can still learn something, now if it only sticks.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Pillar of the Community
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 Posted 03/11/2012  12:20 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
Sorry, I didn't mean to be pedantic.

I think a lot of Mercury dime collectors do care about the distinction, but it's just not one TPGs make. I also happen to think the designations are confusing. If anything, I would expect "fully split bands" to imply they were fully split but not necessarily rounded, whereas "full bands" would imply that they ware rounded.

Regardless, as always, it's up to the buyer to decide if a coin really is full bands. On ebay, you'll see people label anything "full bands", and even in dealers brick-and-mortar stock, I've seen dimes labeled "full bands" that were only like 80% split.

The nice thing about TPGs is that there's a more unified set of terminology and set of standards for these things (even if it's not always applied perfectly or consistently). I think before, everybody was more-or-less doing their own thing and grading on different scales.
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United States
172 Posts
 Posted 03/13/2012  06:03 am  Show Profile   Bookmark this reply Add War Nickel to your friends list
@seateddime48174


Quote:
if we tell it like it is with PCGS do we risk being kicked off this board too ?


Would you please send me an email regarding this comment? I would like to hear your opinion privately. I tried sending you an email, but apparently you do not receive them.
@anybody else:
Please feel free to email me, or , if you are very brave, post the reply here. I suspect there is MORE to this story than I know, and some care to know! Thanks!
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 Posted 08/08/2012  10:05 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
I was re-taking pictures of my collection, and I was surprised how amazing this coin looks:

1923-Mercury-Dime---You-Vs.-PCGS
1923 Mercury Dime by CaptainFwiffo, on Flickr


I have several MS66 Mercs, and a few MS67, and this looks as good as any of them in terms of technical grade.
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United States
10982 Posts
 Posted 08/08/2012  11:38 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
What is the luster like? My guess is it was given a lower grade because it lacks booming full mint luster.

You're right that the technical grade looks low 64.
ANA #R3154474
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 Posted 08/09/2012  12:10 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
The luster is good, but not blazing, certainly not dull or oxidized looking. It's a relatively early die state that doesn't have heavy metal flow lines yet. It has better luster than some of my MS66 dimes, and the more lustrous ones were struck from more worn dies. None of my 64-65 dimes have so few marks.

I think they just plain missed (which means I got a steal).
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 Posted 08/09/2012  12:05 pm  Show Profile   Bookmark this reply Add Captain Morgan to your friends list
Looks like a strong MS-65 to me.
Great one for any collection
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 Posted 08/11/2012  12:15 am  Show Profile   Bookmark this reply Add JoeyZ76 to your friends list
Its very nice and looks MS65FB to me.
Congrats on a nice pick up.
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Canada
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 Posted 08/11/2012  12:32 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list

Quote:
I was re-taking pictures of my collection, and I was surprised how amazing this coin looks

Great pictures
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 Posted 08/11/2012  09:46 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list
I was guessing MS64FB, the head and fields are a bit off of GEM grade. That said, 62vs63 and 64-66 are tuff for me to distinguish w/o seeing them in person and with a strong loupe.

JMHO
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