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1943 I Penny Broadstruck Error

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Pillar of the Community
Australia
1295 Posts
 Posted 04/22/2012  6:37 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
You can't use British standards to arrive at a an ANDA grade. Period. British standards are generally TOUGHER than Australian standards in a similar manner that Australian standards are tougher than US standards. There are dealers who spend a LOT of money in the the UK buying up Australian coins that are graded EF/AU to British standards which are easy UNC's here. I know this happens from first hand experience and because I've got a few coins in my own collection sourced from the UK. Futhermore, British standards allow for a coin to be graded EF based on weakness alone. Yes, a weakly struck coin that has never seen circulation can be graded EF.


Quote:
EF (extremely fine)
All of the fine hairlines running from top to bottom of the portrait should be visible. The first place for the coin to wear tends to be the eyebrow.


Where's the allowance for strike weakness in there? There isn't any. And Indian struck coins are notoriously weakly struck. For goodness sake if you use that standard to grade some UNC 1964y pennies and half pennies they'd only be graded as VF because they had no hair detail even when struck!

That book looks interesting because though, because I've never seen creditable discussion on the wear pattern of George VI coins.
Edited by markn
04/22/2012 6:40 pm
Pillar of the Community
Australia
1295 Posts
 Posted 04/22/2012  6:55 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
By the way, this is addressed to the original poster. I'd measure the diameter of your coin because I believe it's not a broadstrike. It's most likely an off-centre obverse die. A diameter of the coin will settle this.
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 04/22/2012  7:48 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
markn

Strike is something I neglected to consider which is quite amateur. Interesting to hear that the british often dont recognise strike when grading.

Also not knowing too much about errors would a broad-strike reduce the strength of the strike as the metal has slightly more room to spread out?
Valued Member
Sovereign Debt's Avatar
Australia
51 Posts
 Posted 04/22/2012  11:15 pm  Show Profile   Bookmark this reply Add Sovereign Debt to your friends list Get a Link to this Reply
I guess I just prefer the tougher standards. If I didn't get a significant price reduction for a weakly struck UNC, I wouldn't buy it. I'm very annoyed by the description of RAM packaged NCLT being described as UNC just because it hasn't been passed from hand to hand when there are all sorts of nicks, bag marks, dings etc. on most examples. The Queen's cheekbones especially come in for a hammering.

This might be alright for a new circulation coin obtained over the counter at a bank but not for packaged commemoratives for which we pay a hefty mark-up over face value. In fact in my opinion there is something wrong with the grading when in some instances I can get a better example of a circulation coin from the bank than one that is specially packaged.

My local coin dealer expects me to go through his entire stock searching for the best examples but at Downies they were quite shocked & seemed a little offended when I did this. However, it's a case of "if this isn't acceptable to you I can always purchase it elsewhere."

But I don't mind you classifying my coins less stringently.
Pillar of the Community
Australia
1295 Posts
 Posted 04/22/2012  11:53 pm  Show Profile   Bookmark this reply Add markn to your friends list Get a Link to this Reply
Hi Sov,

No problem with grading your coins to a tougher (or even easier) standard. There seems to be a push on the forums here to grade to an ANDA standard and hence my reason for suggesting a British standard isn't relevant. A similar discussion was held a while back comparing the Sheldon scale (and how it is applied by PCGS in particular) and the ANDA grading standard.

I also love to go through dealers stock looking for the coin I want at the grade I am happy with rather than just accepting what is offered. It makes for a more interesting hobby but can make you very unpopular with dealers who do not like their stock picked through.

Mark
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