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What Is Perfection?

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tradernick's Avatar
United States
138 Posts
 Posted 10/24/2005  09:47 am  Show Profile   Bookmark this reply Add tradernick to your friends list Get a Link to this Reply
Interesting topic, thanks for posting this. Perfection...hmmmm. I think there's two ways to look at/grade coins. There's a technical grade and an eye appeal or "omg I love this coin" grade. Technically...by the books...a coin can grade high but still look crappy. That goes both ways...a coin can look awesome due to luster, toning, a certain variety or error, but grade low due to wear, damage, etc. Perfection, like any other grade or condition, is very much subjective and depends on what we perceive as attractive.
tradernick

Pillar of the Community
United States
2724 Posts
 Posted 10/24/2005  11:28 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
quote:
Originally posted by crystalk64

So ND what do you call those coins, even high grade, that may lie in your shop for months and months, or possibly a year or longer,


An interesting question. Usually it is the "low end" coins that sit the longest. Franklin half dollars are the absolute nightmare coin for me. For whatever reason, I cannot seem to get rid of any (other than junk silver).
The few coins that I do end up with (sitting) have gone up in value, so in the end, it all works out. I run with a very low inventory, so I guess that I am in a special group. Once the new shop opens, it will be a whole different story.

One of the nice parts of this business, is that I have quite a few "contacts", so just about anything can be moved pretty quickly.
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Becky's Avatar
United States
954 Posts
 Posted 10/24/2005  9:09 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
Here you go longnine009, a "perfect" Lincoln

What-Is-Perfection?
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cladking's Avatar
United States
2271 Posts
 Posted 10/24/2005  10:57 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Not only is perfection defined by the individual but it can vary from one series to another. In tokens I usually prefer a real nice AU or XF unless it's one that rarely appears nice and then I like an unc. In 19th century copper I also like AU. Buffalo nickels look pretty nice in almost any grade but F's and VF's are a nice set. Most silver coins I like attractive original uncs but generally prefer choice or gem coins. There are some things like advertising medals where I don't really have a strong preference on grade but do like that the lettering is readable and there's no heavy damage. In gold, clad, modern copper, tax tokens, and aluminum I like well-struck superb gems. Strike is critical to me especially on coins where they are rarely found well made. It's also important for some metals because they just don't look right to my eye when they aren't well struck. Perhaps it's because it takes little effort but good attention to get good strikes on metals like aluminum and gold.

On a few coins like WWII zinc issues, perfection is just a high grade example without rust and tarnish.
Time don't fly, it bounds and leaps.
Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 10/25/2005  11:55 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
You want perfection? Here's perfection if one believes the description: http://cgi.ebay.com/ws/eBayISAPI.dl...ME:B:SS:US:1

Fred

P.S. Of the roughly 1.2 million Morgans graded by PCGS, only eight have made it to MS-69. None were 1903; the closest were a few MS-67s.
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crystalk64's Avatar
3147 Posts
 Posted 10/26/2005  09:51 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Hey Becky that coin has store me in INDIANA written all over it. Or maybe it is Back Home Again in Indiana? None the less I definitely would add THAT to my collection as that is one of my perfect errors if I ever seen one!
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United States
2724 Posts
 Posted 10/26/2005  10:23 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
quote:
Originally posted by Morgan Fred
P.S. Of the roughly 1.2 million Morgans graded by PCGS, only eight have made it to MS-69. None were 1903; the closest were a few MS-67s.



NGC has 3 Morgan dollars graded in MS-69. Talk about true rarity!
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Metalman's Avatar
United States
7123 Posts
 Posted 10/26/2005  10:27 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Becky

Very Nice 55-S BIE !!!!

Did you check out my offering of a BIE in the error coins forum?

1956-D BIE no VDB !!!



Rick
Edited by Metalman
10/26/2005 10:30 am
Pillar of the Community
United States
2724 Posts
 Posted 10/26/2005  10:27 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
Looking at the coin in question, I could pick this coin apart. Between the hits, and the weakness, you would be hard pressed to see anything over a MS-63 from PCGS or NGC. Whomever buys this coin is GOING to lose money.
Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 10/26/2005  11:49 am  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
If anyone truly wants a "perfect" coin, all they have to do is send it to SGS and it'll come back as a perfect MS-69 or MS-70 grade. SGS would take a coin run over by a railroad train and slab it at least as MS-69.
Pillar of the Community
United States
1203 Posts
 Posted 10/26/2005  7:36 pm  Show Profile   Bookmark this reply Add OldDan to your friends list Get a Link to this Reply
Here is a solution for the problem:
You buy up a bunch of AU coins and have them slabbed (by any of the top three third party graders) and allow them to lay in storage for 10 to 15 years. Now go and get them out and bust them out, and have them regraded. Presto!
You now have a AU that has been graded MS.
It can't get much better than that. longnine is happy with his coin that looks used. ND likes it because it will sell for a profit, and all the high rollers will snap them up to place in their collections.
Problem solved.
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longnine009's Avatar
United States
1247 Posts
 Posted 10/28/2005  3:38 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
quote:
Originally posted by Becky

Here you go longnine009, a "perfect" Lincoln

What-Is-Perfection?



Indeed it is. John Wexler supposedly is going to publish a book about BIEs. I don't know when since it's been about 3 years since I heard that. If it does comes out I think interest in BIEs might pick up again. BTW, Joe Bush the former president and I believe the founder of the BIE Guild was from my home town.
Rest in Peace
catman's Avatar
United States
954 Posts
 Posted 10/28/2005  3:46 pm  Show Profile   Bookmark this reply Add catman to your friends list Get a Link to this Reply
Sorry Longnine009,

Here is what I call a "perfect Lincoln" no error but the most pristine Lincoln I have ever seen.

catman

http://www.angelfire.com/super2/cat...lbum?i=6&s=1
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longnine009's Avatar
United States
1247 Posts
 Posted 10/28/2005  6:03 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
Is it a Matte?
Valued Member
ojo's Avatar
Canada
170 Posts
 Posted 10/28/2005  9:00 pm  Show Profile   Bookmark this reply Add ojo to your friends list Get a Link to this Reply
Every one has there different view on a perfect coin. My perfect coin would have to be a simple coin. I can't be rare or an error or uncerculated. It has to have some wear to show its done its job, like ive heard bfore, most features are visible though. It also has to have some histroy, so it has to be 1945 and before, and it has to be a common coin like a penny so that I know its been past through hands all through time. A simple coin that has spent hundreds of years doing its job and being past through hand to hand and is ready to its long journey it the hands of a collector,only to past on every few decades to another collector.
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