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 Replies: 13 / Views: 1,333 |
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Valued Member
United States
307 Posts |
Hey Ya'll As always I've been busy...but not to busy to pick up a coin or two....here is one I bought in a PCI holder...I've cracked it out and sent it to NGC as I think it was undergraded. What do you grade it? Image:  PICT0055.jpg85.66 KB Image: PICT0052.jpg81.52 KB I've shown the photo to alot of collectors on CT...showed it to 2 collectors/dealer in person and have looked at many photos myself of coins graded the same, higher and lower in PCGS and NGC holders. I think PCI undergraded this one by one point. As ya'll know the 1926-S Nickel is the lowest mintage and also was weakly struck...a full horn is hard to find. (Mine has about 3/4 horn) Now here are some links to photos of 1926-S Buff's in NGC slabs.... http://www.davidlawrence.com/coins/...C3D792F802DBI know my LIBERTY isn't as good as this one...but my date is better than this one This one is XF45....and the LIBERTY is weak just like mine...but the horn is better. http://www.davidlawrence.com/coins/...C3D792F802DBThen there is this one....NGC VF25...and I don't see how it made F...let alone VF http://coins.heritagegalleries.com/...Lot_No=11095So after looking at the links...and my photos...what do you grade the coin...what will NGC say....and what did PCI grade it as ;) Sorry for soooo many questions....I'll post what I think later. Speedy Edited by Metalman
02/03/2006 11:03 pm
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Pillar of the Community
United States
7123 Posts |
Hi Speedy
Keep in mind that I'm somewhat of a beginner when it comes to the Buff's,, But my opinion of your coin is VF-35 .
I know some of the coins in the series are weakly struck, but your coin appears to have been a relitively good strike,based on the hair and braid detail that remains on the coin. the reverse is the same based upon E pluribus unum, being sharp and very clear.
Rick
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Valued Member
 United States
307 Posts |
Hey Rick
I'm a beginner in Buffs too...so far everyone thinks it has a chance for an upgrade...my dealer said that he thinks so too but not to hold my breath...either way I got a good deal.
I won't post what PCI graded it as yet...or what I grade it as...
Speedy
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New Member
United States
32 Posts |
Looks like an honest F-12 to me..  |
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Pillar of the Community
United States
7123 Posts |
Hi commoncents
Congrats on your win of the anniversary giveaway !!
F-12 ? just the fact that liberty has not connected with the rim puts in the VF range,, 3/4 horn puts in the upper VF.
Rick
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Valued Member
United States
307 Posts |
Well on any other date Buff I would say VG10....but read this from the PCGS grading guide.
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Reading PCGS grading's guide here it what it says for a VF Buff Nickel--
The grade of VF20/36 have up to half of their detail worn away. There will be wear across all of the obverse, including the protected areas. There is hair detail, though much of the sharpness is gone. On some coins, the rim may touch the top of LIBERTY, especially in the lower VF grades. The reverse will have wear across the entire bison and in the protected areas. Normally, the horn will be funn, but the tip may be slightly worn. In lower VF Grades and on coins that were weekly struck, the tip of the horn will not be present. On some coins, the rims may touch the heads and tails of the bison.
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Now...after reading that...and looking at many many photos....I think the coin is a nice VF20+
PCI said F15--they, like many grading Co. I think under grade this coin...NGC and PCGS even tend to undergrade a 1926-S Buff.....the price for a F is about $100...the price for a VF is about $400....
If this baby comes back VF...I'll be really happy...if it comes back F...then I'll still be happy and it will stay with my set (More than likely it would get cracked out and marked VF)
Either way...I think the coin is going to stay in my collection...I paid a far price...and I needed the date anyway ;) now if only I can complete my PF Franklin collection (4 to go!)
Speedy
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New Member
United States
32 Posts |
If you think the coin will upgrade then based on the value of the new grade it is worth a chance. My feeling is that even if it comes back an F you will be happy to have it in PCGS plastic. I guess I'm old school my grading tends to reflect the old ANA standards and the old photo-grade standards. Let us know how the coin returns it will be very interesting!  |
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Valued Member
United States
307 Posts |
Hey CommonCents. Thanks for your thoughts...I've grown-up listing to collectors that learned with the old ANA and Photograde...and I myself have learned them but kept up with the market. Some say I'm wrong in doing that but I feel that it is the best way to keep up with the market...I don't agree with many of the grades and find myself agreeing more and more with the "older collectors". If the coin comes back it will stay with my collection....if it comes back VF it will stay with my collection...unless I need to sell it. I'll try to let ya'll know what happens when it comes back...if I forget just kick me ;) It should be back in about 1-2 months. Speedy |
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Forum Mom
 United States
5877 Posts |
I see it as an F12/15. I think NGC will call it VF25 or so, as the "new and improved" standards only require most of the horn to be visible for VF now as opposed to the entire horn.
Sorry, but I still maintain that changing the standards doesn't make a coin get better with age. A Fine is a Fine.
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Pillar of the Community
United States
7123 Posts |
Susan No need to be sorry,, Im learning both ways of grading the old way and the market way. My impression is that the Buffs have stood still for many years and without an advancement of the market grading standards they are doomed to remain an under priviledged child of the Coin World,, I think at least with the keys and semi keys that market grading is the way to ignite the series. I may have been to liberal in my grading of this particular coin, but it would not surprise me to see it come back as a VF-30. Rick |
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Valued Member
United States
307 Posts |
Susan As it has been pointed out time and time again...Market grading isn't new...that is what everyone has been using for years...Myself...Joe G...Doug P...Steve K...you and any collector...even if they learned from the OLD ANA guide or Photograde...they are still useing a type of Market grading. I agree with you that a coin doesn't get better with time...I've never said it has...but when you keep up with the market (as I'm sure you do as a seller) grading is still not at its top---there are still holes to work out...there needs to be ONE grading Guide and that's it---but I don't see that happing soon. I'm not going to post a long post about the grading....I'm sure you have read all of it before on WINS and CT and here on CC...my thoughts, like yours, haven't changed either ;) Rick That is the only way to do it...learn both...but more than that...learn by hands on grading. Books won't help as much as grading the coin in hand and such. As I pointed out above...Market grading isn't new and shouldn't be looked down on...but many do...they think its new and don't use it for that reason--in that they are hurting themselves and others. We haev changed many things in life...how to drive...how to build a computer or many many others things...it just make "cents" that grading change too. I DO NOT think some of the changes in grading is good...but we live in this world (and to live we sometime have to change for better or worse) and grading is changing...the market is changing and we the collector must at least learn how to grade with the market. If we don't we might as well also not go along with the price changes in the market...so next time someone tells you that Market grading is bad....tell them that the price changing with the market is bad also and see what they say...people would have a cow if they had to sell a 1909-S VDB at $50 or such ;) Everyone changes...they just don't like to say they are! Sorry I got off the topic...its just that grading is something I think is worth the time to talk about. Speedy |
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New Member
United States
15 Posts |
I collect buff's and I can say that this is a nice coin for the grade. Which should be in the VF range. It is not EF though and if they come back as a F I would do what you say and crack it out again.
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Valued Member
United States
307 Posts |
Thanks--the coin was in a Buy-it-now auction on ebay...I waited about 3 days and was going to wait the full 6 days and bid at the last but decided to go ahead and get it before anyone else did. Speedy |
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Valued Member
United States
307 Posts |
YES!!!!!! it came back VF!!!!!
Along with some other coins I'm very happy with ;)
Speedy
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Replies: 13 / Views: 1,333 |
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PICT0055.jpg
PICT0052.jpg
Posted 02/04/2006 12:36 pm
