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Moderator
  United States
23522 Posts |
OK, here we go, in order of denomination: 1910 Lincoln Cent: MS65RB (my guess MS66RB) 1864 2 Cents: MS63BN ( cracked from an older NGC AU slab!) 1865 2 Cents: MS62BN ( also cracked from an NGC AU slab!) 1937 5 Cents: AU58 (same as my guess) 1893 Barber dime: AU58  (They're blind, but I didn't get the worst of it) 1830 Bust Half: VF30 (my guess VF35) 1837 Bust Half: Cleaned Not in a million years. I held this coin under my loupe. It's not cleaned. 1899-S Barber Half: Cleaned Maybe, but just maybe. Color a little funny for original toning. 1914 Barber Half: VG-10 1963 Franklin half: MS64 (about right) 1886 Morgan: MS63PL (PCGS is notoriously tight about Prooflike designation; I was honestly nervous) For the record, fellow participants, they've been shipped. I believe Jaobler got the shaft on this submission. There's no way that 1837 was cleaned, although the 1899-S is a possibility. The two 2 Cents from Nohope87 were an experiment on Richard's part, to see how grading has loosened in the last few years. For him, it has. For me, it hasn't. My two are coming straight out of the slabs and into my 7070, anyways. |
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Pillar of the Community
 United States
5953 Posts |
I have to say I am not surprised about the grades PCGS gave my 2 Cents not happy about them but not surprised. Ten years ago they both graded in the AU range. I hate to think what would come back if I sent in some of my high grade ones I might be tempted to sell them..
I urge everyone when looking at type coins especially 2 Cents buy the coin not the holder. Market grading has realy taken over on this series...
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Pillar of the Community
United States
6396 Posts |
It's a disappointment to only get 1 out of 3 slabbed, but perhaps not totally unexpected. I thought the 1837 half might be body-bagged because it has some light hairlines on the obverse. I hoped these might pass as slide marks or "cabinet friction" rather than scratches from abrasive cleaning, but PCGS thought differently. The 1899-S half is more of a surprise to me. I still have trouble detecting the more subtle signs of cleaning. Hey, I can justify the whole exercise with the 1914 half. The market value difference between a raw VG and a PCGS VG-10 should cover my share of the grading cost. How about a big round of applause for SuperDave for putting the whole project together?  It was a great learning experience and a terrific group activity. I'll be ready to do it again (if he's willing), just as soon as I get some more slab-worthy coins! |
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Pillar of the Community
United States
675 Posts |
Interesting results... I definitely have a couple I would like to send in next time. I would love to see PCGS thoughts, (although maybe I'd be disappointed).
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Pillar of the Community
United States
2335 Posts |
Well, I gave a shot at the first 4 coins pictured. Probably due to luck I was right on the Morgan. I got the 1930 Bust half right also, no luck involved there, I have been looking at a lot of these lately. I was pretty far off on the 2 cents, but the comment by nohope about market grading makes me feel somewhat better about those. I hope to have something worth sending in next time.
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Pillar of the Community
United States
891 Posts |
Thanks Dave for doing this. This was fun and informative. Gives a good insight as to how the TPG's are looking at things. |
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Pillar of the Community
United States
4589 Posts |
I have some work to do but I will take it I graded quick and with out a reference book , I look at my answers for the first bust half and the buffalo and wonder, What was I thinking But I did alright on the Morgan and the 2 cent Pieces,and the Franklin and wish I had seen the other entries
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Pillar of the Community
United States
4589 Posts |
Dave does that 1892 Dime have a clashed die error it appears to have the reverse showing through on the obverse, I do see the hairlines on both the halves in question, they look consistent with those of a an old cleaning , but they are isolated to just a small area and I wont have body bagged them, Jaobler I have a coin grave yard at my house, for you I will bury them into my collection free of charge ....LOL
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Moderator
United States
23522 Posts |
Scoutjim, the Dime has some of the heaviest clashing I've ever seen, both obverse and reverse. That's what drew me to it.
There will likely be a repeat of this project, some time down the road.
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Pillar of the Community
United States
4589 Posts |
I have found some older clashed dies as well on the Barber series Very Nice.
I clearly see the 1830 Bust as a VF now not sure why I didn't before However the Buffalo photo I believed the coin to be in MS condition from the photo I do not see the wear , And I believe I do a good job on grading them they are hard to grade but that one eludes me some how
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Pillar of the Community
United States
7123 Posts |
Dave
I think the cent got hit by the pops ,, unless the grader is a stikler for the reverse of the coin and deducted for the small hit .
The rest I'm ok with,, the Buffalo series is a tough one ,,between strike and wear especially by photo.
the 2 cent coins I did good on,, one exact and 1 point high on the other ,, I'm slightly surprised by the franklin grade ,, I may have to go back and take a second look at my coins .
Metalman
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Pillar of the Community
United States
1984 Posts |
Good project, it was very interesting to see where PCGS and I deviate and I'm glad to know that I am generally tougher on my coins than they are.
I also feel that the "cleaned" designation on the 1837 may be undeserved. But better (for PCGS) to send the coin back than to have someone buy it down the road at a Heritage auction or something and then crack it out and notice the hairlines. However the "cleaning" or the "wiping" or whatever affects the "grade," it's still an awfully nice coin.
P.S. I'm not a big fan of coin grading services in general, and I always try to buy the coin.
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Moderator
United States
23522 Posts |
quote:
But better (for PCGS) to send the coin back than to have someone buy it down the road at a Heritage auction or something and then crack it out and notice the hairlines.
That's an important point - it's a shame that they should have to think that way, because it gets in the way of the reality of the coin in front of them. This is the basic problem with TPG's. |
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Pillar of the Community
United States
1984 Posts |
Yes, SuperDave, I'm glad you get my point. (My wife says I don't explain myself very well). To me TPG is a lot like "No Coin Left Behind." You're trying to find a one-test fits all approach to things that are best looked at individually. If I have to pick an approach, I much prefer the ANACS method of at least making an effort to deal with the actual coin in hand. TPG firms will do their best to keep from becoming irrelevant and losing revenue, but they're always going to be about their own revenue and they will never care one bit about my coin collection unless I pay them to. To me, that's just sad. |
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Pillar of the Community
United States
6396 Posts |
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Posted 04/13/2007 3:45 pm
