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Grading A Coin For Yourself

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Author Previous TopicReplies: 15 / Views: 1,903Next Topic  
Valued Member
kaji's Avatar
Bulgaria
53 Posts
 Posted 08/23/2016  10:11 am Show Profile   Bookmark this topic Add kaji to your friends list Get a Link to this Message Number of Subscribers
Hello
I would like to understand how you make your own grading of your coins, without asking a TPG.
I will take a coin for example:
How will you grade it for yourself? ( only giving the grading: VF, VF+, XF, XF+, AU, AU+, UNC )
Could you also add your personal comments for your choice of grading?
Thank you a lot.

Grading-A-Coin-For-Yourself

Grading-A-Coin-For-Yourself

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John1's Avatar
United States
56855 Posts
 Posted 08/23/2016  10:17 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
For grading U.S. coins try here http://www.PCGS.com/Photograde/ I would think you could grade all coins in general not just U.S. coins using that site. As to which grading company is best,in order...PCGS,NGC,ANACS IMHO.
John1
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/23/2016  2:20 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
John , I'm sorry but I have to disagree with you on this . OP needs to go into some kind of World coin grading forum . I don't know if we have one for his needs.
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John1's Avatar
United States
56855 Posts
 Posted 08/23/2016  2:35 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Non that I know of. Just found this: World Coin Price Guide, https://www.NGCcoin.com/coin-gradin...ading-scale/ NGC's world grading scale. It is the Sheldon scale. From reading it that sounds like you can use the Sheldon scale for all coins.
John1
Edited by John1
08/23/2016 2:43 pm
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DL20K's Avatar
Poland
3201 Posts
 Posted 08/23/2016  2:38 pm  Show Profile   Bookmark this reply Add DL20K to your friends list Get a Link to this Reply
I think this should be moved here: http://www.coincommunity.com/forum/...FORUM_ID=135
Valued Member
kaji's Avatar
Bulgaria
53 Posts
 Posted 08/23/2016  2:52 pm  Show Profile   Bookmark this reply Add kaji to your friends list Get a Link to this Reply
I am not trying to grade that coin !
I would like to have YOUR opinion, if you had yourself to grade such a coin.
With your comments from your experience, I will understand how to proceed.

I even don't know what is the grading of that coin; it is not graded by TPG !

I will be happy to have your choice and your comments.

Of course, sites like that one given by John1 are welcome.
In any case, I thank you.
Valued Member
Denmark
126 Posts
 Posted 08/23/2016  4:58 pm  Show Profile   Bookmark this reply Add Prncoins to your friends list Get a Link to this Reply
About 1 year ago I was the coin grading expert on a Danish site. I was putting not alone the grade but also the 'about' value. This was mainly coins from Scandinavia where I have quite a knowledge, but on some level I would be able to grade foreign coins too (Not US/Canadian coins)- I stopped doing this as a voluntary - it simply grew to a problem as often the person with the coin or others, did not agree to my expert opinion.

As far as I know the Sheldon grading is for US and Canadian coins only. Yes it can probably be used on all coins, but we just use other terms here for grading European coins with more.
Valued Member
kaji's Avatar
Bulgaria
53 Posts
 Posted 08/23/2016  5:21 pm  Show Profile   Bookmark this reply Add kaji to your friends list Get a Link to this Reply
Yes, Prncoins, I agree with you.
But, if you give any coin ( not US or Canadian) for grading to a NGC or PCGS company in Europe, they will grade the coins you gave them according to Sheldon scale and not according to European terms.
You cannot find a TGP which will give you a grading which is not according to Sheldon scale.
What is your opinion about that?
thank you for participating to that discussion.
Valued Member
Denmark
126 Posts
 Posted 08/23/2016  6:14 pm  Show Profile   Bookmark this reply Add Prncoins to your friends list Get a Link to this Reply
I cannot speak for all of course, but I have talked with many collectors and dealers in Denmark (DK)about the grading companies from the US - probably most of these people do not like slapped coins from our respective countries. 1) We want to hold the coins in our hand, and 2) the Sheldon/US coin grading companies are totally unable to grade Scandinavian coins - (maybe Bulgarian coins as well?)

Just 5 minuttes ago I saw a NGC slapped AU53 which is on top Fine/VF - maybe only grade fine with the DK grading way - this is very normal even with the most serious grading companies.

Most collectors in Scandinavia are only confused about Scandinavian contra US grading. I see myself as fully able to convert these two different terms, but I have also been looking into this for 15-16 years as an ebay member - and in Scandinavia we say "do not look at the slapping grade, but solely on the coin".

Palle
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paxbrit's Avatar
United States
992 Posts
 Posted 08/24/2016  1:27 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
I'm grading the coin UNC, from the photos. I see no wear on the man's nose, and the individual hairs in the helmet crest are separate and distinct, with no wear to join them together. The reverse of the coin shows no wear on the high points, the dragon's wings or scales. There is a lack of bag marks on the coin.

For AU and AU+, the above would all apply, with just a hint of wear on the high points, or bag marks. A couple of face-free bag marks but no wear would garner AU+ from me.

For XF, the wear on the high points will deepen, and be readily visible, with some flattening of the nose, the helmet crest beginning to wear into a unit, the scales flattening and wearing together, etc.
Valued Member
kaji's Avatar
Bulgaria
53 Posts
 Posted 08/24/2016  2:05 pm  Show Profile   Bookmark this reply Add kaji to your friends list Get a Link to this Reply
@paxbrit
That's just this kind of answers I am waiting for !
Thank you
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paxbrit's Avatar
United States
992 Posts
 Posted 08/24/2016  5:41 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
One difficult aspect is to ensure you are being honest with your own grading. If you've convinced yourself that your AU is all UNC, and your XF coins are all AU, then you've done yourself and family a disservice. Grade conservatively, and you're better off in the end.

Having said that, go ahead and dive in to your own grading. You'll also want get a loupe, 3x - 5x in power, for close examination.
Valued Member
Numisto's Avatar
United States
195 Posts
 Posted 09/08/2016  5:03 pm  Show Profile   Bookmark this reply Add Numisto to your friends list Get a Link to this Reply
I did not follow all of the discussion below, after the initial question. But, I'd grade the coin UNC, definitely. Luster is strong. Obverse fields are mostly clean. It could be a little hairline-ish on the reverse but not enough to get it marked as clean. I'd be worried it's a fake, of course. This coin, in that condition, might be worth 5 to 10 thousand dollars, I think? Check the weight and the size carefully and then still take it to an expert.

Honestly, though, if the weight and size were perfect, a way to get it to an expert is to send it to a TPG. Considering the upside and somewhat small cost for a coin of this value, I'd probably do that.

But, I'm guessing the size and or the weight are off.
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UltraRant's Avatar
Norway
1358 Posts
 Posted 09/20/2016  12:13 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Ah, the 1916 Fat Man! (or, more literally translated, the 'big head man').

Be very careful with this coin, as this coin has a lot of fakes around. Make sure all the parameters are correct: diameter, weight and thickness. If all makes sense, they you've hit the jackpot with this one in this condition. I saw one in a similar condition changing ownership for $16.000 recently.

Now when it comes to grading, I'd say grade 0 according to Scandinavian, UNC for European and MS-63 for the American standards if the coin is real. But... only if it's real. If it's fake, then I call it nice but rubbish. Please keep in mind that I'm not a professional at grading.

Some description of how I came to my conclusion:

- the pictures are pretty small, so I'm on the careful side. Also, part of the picture is covered at the bottom, so I can't see the whole coin.
- I do see a small damage at the rim at 11 o'clock at the obverse.
- Also a few small scratches on the surface. Or what looks like scratches to me. But not the kind of scratches one gets from circulation.
- The same goes for the lack of damage on the high points, which is usually an easy indication of circulation. There doesn't seem to be any wear there.
- Luster seems good, but this can also be due to the angle and light on the coin.

Hope this helps.

Anyway, if the weight and dimensions of this coin seem right, then it's absolutely worth getting it graded or at least verified, as it might be worth a small fortune.
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Australia
3831 Posts
 Posted 09/21/2016  11:39 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
This is not gradable - it is a replica.
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
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paxbrit's Avatar
United States
992 Posts
 Posted 09/22/2016  10:23 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
If authenticity is a concern, by all means send to a TPG service.
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