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71 MS-65 Ikes...pffftttt Right.

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 Posted 03/30/2012  11:55 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
I can only assume the TPGs simply hold no regard for the series. Actually, they probably have no regard for circulating coins from the clad era, period.

I mean, I can understand it in a way... If I'm at the coin shop, I'm not going to go all gaga if I see some 1970s quarter in nice gemmy condition. But they get paid to grade these just the same, they should do their job.
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 Posted 03/30/2012  12:40 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
I thought you would appreciate that JBuck.

And as there is NO WAY those are MS65, I knew I wouldnt have to follow through.

Seriously though, modern or not, if you are going to grade a coin, GRADE IT. You might be able to make the argument that when they were graded the fingerprints had not shown up yet (the NGC has a print on bottom right, at the trunk of his neck). But there are enough scratches dings and outright gouges that if I were completely drunk, I might give them a 62.

The more I see like this, the more I say, ANACS and IGC are just fine.
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 Posted 03/30/2012  7:00 pm  Show Profile   Bookmark this reply Add M0nks to your friends list
maybe they ran out of ms-60- 64 containers and had only 65's available
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 Posted 03/30/2012  7:44 pm  Show Profile   Bookmark this reply Add stewart to your friends list

Quote:
I can only assume the TPGs simply hold no regard for the series.

You have no idea how true that statement is

The links posted are a great example of why I have hundreds
of Ike's in storage that have been cherry picked over the past
4 years that I have been collecting them, that will not see a
Third Party Grading service until their grading of the series
becomes much more on target and much more consistent. I have
seen a lot of them graded pretty much where they should be
But I have seen a scary amount that have been graded like
those linked above
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 Posted 03/31/2012  09:03 am  Show Profile   Bookmark this reply Add cc99999 to your friends list
http://www.ikegroup.info/?page_id=32

Not to get too far ahead of myself. But I will be working with the Ike Group and a few upper tier Ike collectors this summer and fall to write a book about the grading of Eisenhower dollars in mint state. I can't get in to too many details about the project because we are pitching it to Whitman and Krause for full blown publication- but for those of you who want to be able to really get to the heart of what an Ike should grade out and whether what's in a slab is fair... trust me, we hear you. And... as much as GradeView will be an exciting project for us to participate in... it's the tip of the iceberg as to what lies ahead this year for the series.

71-MS-65-Ikes...pffftttt-Right.
Edited by cc99999
03/31/2012 09:08 am
Valued Member
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292 Posts
 Posted 03/31/2012  7:04 pm  Show Profile   Bookmark this reply Add ContraJame to your friends list
That graphic is very well done. I approve.
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 Posted 04/01/2012  11:01 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
There's a fingerprint on the NGC one too if you look closely enough. Lower right quadrant of the obverse.
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9104 Posts
 Posted 04/05/2012  12:56 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
I have seen a lot of them graded pretty much where they should be But I have seen a scary amount that have been graded like those linked above


So? send your 65s in and have them graded 68, then dump them.
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9104 Posts
 Posted 04/05/2012  01:14 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
as much as GradeView will be an exciting project for us to participate in... it's the tip of the iceberg as to what lies ahead this year for the series.


Will Littleton look at this as a help to them buying all those Ikes?
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 Posted 04/05/2012  07:09 am  Show Profile   Bookmark this reply Add stewart to your friends list

Quote:
So? send your 65s in and have them graded 68, then dump them.


biggfredd,

Great idea but there is a couple of reason why I do not do that.

1. The 65's I send in could just as easily come back MS60. Which is a complete waste of money that could go towards more Ike's, Mercs, Jefferson's,Morgan's and others.
I have seen many a collector get quite upset when they did not get the grade that they thought they should have when submitting coins.
And they had spent many hours checking and rechecking and comparing
before submitting a coin and spending their 20 or 30 bucks for
someone else's opinion who looks at the coin for a few seconds
Why would I pay someone to frustrate me, This hobby is my escape from
frustration.

2. I generally do not sell any of the Ike's I have accumulated.
because the series is still in it's infancy of serious research.
And I am pretty sure if I sold some, not too long after that there
would be another discovery in the series. And I am sure that one
of the Ike's that I sold would be an example of the new discovery.
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526 Posts
 Posted 04/07/2012  08:45 am  Show Profile   Bookmark this reply Add Freedom to your friends list
Herbs coin shop is my coin shop. The shop is about 5 minutes from my house. I stopped in and asked to see
the coins they have on ebay. They showed me the two Ikes, the one with the fingerprint is absolutely beautiful, pictures show it no justice but the fingerprint has me confused. The other Ike is just as beautiful, if not more so. Out of curiousity I asked what the price was, bear in mine I do a lot of business there, he said he would discount the coin by the ebay percentage only.

Guess he likes the coins to get that much. The other dealer on EPAY is NPCOINS is another dealer that is a
little further away, they reside in Nort Port. ALWAYS have given me a fair deal, both selling and buying.

Check out their auctions, great store to browse in and always have Dixie standing guard. <Dixie is usually asleep under the counter and comes out and greets each customer then retreats back to the counter to sleep.>
:)
Edited by Freedom
04/07/2012 08:47 am
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 Posted 04/07/2012  8:36 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list
@Fredd,

We spoke to Littleton about helping them look for varieties. They were not interested, instead they decided to rely on way outdated books- and I assume- the only variety they really cared to find were wrong planchet silver-clads.

the GradeView book will basically show you pros and cons of different Ikes from the best known to typical MS grades. We have 288 Ikes lined up for photography and each coin will get an essay. We are also approaching the series date by date, type by type, mint by mint. It's the first grading book of its kind.

bigger news is around the corner, however.
Rest in Peace
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9104 Posts
 Posted 04/08/2012  02:21 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
cc99999-

Littleton has their own system, but we can't argue that it works.
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 Posted 04/08/2012  09:54 am  Show Profile   Bookmark this reply Add stewart to your friends list


Quote:
each coin will get an essay. We are also approaching the series date by date, type by type, mint by mint. It's the first grading book of its kind.


Now That is Good News,
The Usefulness of a tool like that,easily at
someones disposal. With examples of properly graded Ike's would
in my humble opinion help a great deal being in the library of Any
Third Party Grading Service helping them enormously and giving them an
edge in accuracy and consistency.
Just as there is a learning curve
in the grading of Morgan and Peace dollars, Merc Dimes and Jefferson
Nickles. Due to their different characteristics. There is a definite
learning curve to grading Ike's. For me personally the Ike's
grading learning curve was a Bit Steeper
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1116 Posts
 Posted 04/08/2012  2:28 pm  Show Profile   Bookmark this reply Add ghostrider to your friends list
I have a sack of Ike's that I keep and add to now and then - strictly circulated coins. I like them becasue of their size. Whenever I'm out an about I try to pick them up at my local bank. Sometimes the tellers tell me I just missed some and sometimes I score.

It's a lot of fun to try and get them.

Someday my bag will be worth something, only hope that I'm around to see the day.
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