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Replies: 17 / Views: 2,064 |
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Pillar of the Community
United States
4471 Posts |
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Rest in Peace
United States
17900 Posts |
Fine, details, graffiti.
Details coins do not have numerical grade assignments.
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Pillar of the Community
United States
3843 Posts |
 Shame an attractive coin minus the graffiti.
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Pillar of the Community
United States
832 Posts |
I would go with fine. But........
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Bedrock of the Community
United States
94367 Posts |
Agree F-12, just barely, and definitely a details coin.
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Pillar of the Community
United States
2632 Posts |
 with F-12 Details, which is too bad because it seems like a nice strike.
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Bedrock of the Community
 United States
18714 Posts |
I also agree with the F12 grade with details obviously
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
United States
1119 Posts |
Someone thought it was mint state so they graded it for you. M is for mint
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Bedrock of the Community
United States
36883 Posts |
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Pillar of the Community
 United States
5029 Posts |
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Valued Member
 United States
173 Posts |
Thank you all for the replies and confirming the grade. Being a newbie I am still learning about grading coins and boy do I have a looooonnng way to go.
If I were to sell this coin in the future, how much would the initial devalue the coin compared to one of the same grade without it. Would it be around 30% below market value?
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Pillar of the Community
United States
1499 Posts |
Quote: If I were to sell this coin in the future, how much would the initial devalue the coin compared to one of the same grade without it. Would it be around 30% below market value? The discount would be a lot more than that. That "M" kills the coin because it is on the obverse in a focal point and it is large relative to the size of the piece. You are looking at a major discount when you will be able to sell it at all. Sorry to be the bearer of bad news, but it's best you learn now before you make additional mistakes. Problem coins are seldom good buys unless they are super cheap, or they are super rare and most collectors can't get anything much better.
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Pillar of the Community
United States
8137 Posts |
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Valued Member
 United States
173 Posts |
Thanks @billjones. Actually I will not sell it. Instead it will go into my penny album since it is the only Flying Eagle cent that I have.
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Replies: 17 / Views: 2,064 |
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