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 Replies: 17 / Views: 3,110 |
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Pillar of the Community
 United States
505 Posts |
Here are some photos taken in natual light.   |
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Valued Member
United States
424 Posts |
There seems to be little wear on this coin but the color, to me, is way off. Also the fingerprint on the reverse is very distracting. I do not know much about this but I have to ask, has this coin been cleaned?
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Pillar of the Community
United States
505 Posts |
Quote:
There seems to be little wear on this coin but the color, to me, is way off. Also the fingerprint on the reverse is very distracting. I do not know much about this but I have to ask, has this coin been cleaned? Regaurdless of whether coin is cleaned or not what is the details grade? ----------------------- Here is 1909 vdb #8 WOODIE with "strawberry banana" toning and reverse die crack   |
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Bedrock of the Community
Canada
10743 Posts |
EF-40, Hate those fingerprints.  |
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Pillar of the Community
United States
505 Posts |
How can a coin with original minint luster only get a extra fine grade?
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Bedrock of the Community
United States
94367 Posts |
Agree. At least AU-58, possibly MS-61 or so (likely BN), with some spotting.
Edited by Coinfrog
09/07/2016 4:42 pm
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Bedrock of the Community
United States
19968 Posts |
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Pillar of the Community
United States
4932 Posts |
Not bad for the price. The 1909 VDB's probably cover your price, plus a few other odds and ends.
Ironically, this guy lives close to Cleveland.
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Pillar of the Community
United States
666 Posts |
That is a somewhat better picture of the first coin, although it is still difficult to discern some features from that angle. But its grade looks better in the natural light. I'd say AU-50 now, maybe AU-53. It's not clear to me how the coin could be considered UNcirculated. If it was never in circulation, where did all the 'stuff' (for lack of a better word) on the coin's surface come from? In addition, mint luster does not make a coin MS-60 or above. Quote:" About Uncirculated (AU-50). Has traces of light wear on many of the high points. At least half of the Mint luster is still present." https://www.usmint.gov/about_the_mi...tion=grading Quote:"The numerical grades MS-60 through MS-70, used to denote a business strike coin that never has been in circulation." http://www.PCGS.com/grades Quote:" AU-55 (Choice) - OBVERSE: Only a trace of wear shows on the highest point of the jaw. REVERSE: A trace of wear shows on the tops of the wheat stalks. SURFACE: Much of the mint luster is still present." (Bressett & Bowers, p. 95). Reference: Bressett, K. & Bowers, Q. D. (Eds.) (2006). The official numismatic association grading standards of United States coins. Atlanta, GA: Whitman. Edited by dd27
09/07/2016 8:24 pm
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Bedrock of the Community
United States
19968 Posts |
Quote:
It's not clear to me how the coin could be considered UNcirculated. If it was never in circulation, where did all the 'stuff' (for lack of a better word) on the coin's surface come from? The coin is over 100 years old. It's been passed though many hands and improperly stored. Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
724 Posts |
I agree with badthad.
MS62BN for me for all 1909 vdb. Nice pick up.
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Pillar of the Community
United States
666 Posts |
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It's been passed though many hands... So is it not, by definition, a circulated coin? I'm not trying to be  I simply want to understand the (seeming) discrepancy between The Official Numismatic Association Grading Standards of United States Coins and what some of you are saying. Are you all using a different Grading Standard? Thanks! Mark Edited by dd27
09/09/2016 12:34 am
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Bedrock of the Community
Canada
10743 Posts |
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So is it not, by definition a circulated coin? Well, in my opinion if it has rub and fingerprints on the coin it's been circulated and even though it has 'some' mint luster it is not mint state, just my opinion. |
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Pillar of the Community
United States
666 Posts |
I did some more reading and I think I understand the grading situation better. Here is a representative statement, from a letter to the editor published in Coin World: Quote:Multiple grading philosophiesThese days, much of the coin "industry" now follows market grading: the value of a coin determines its grade, rather than the other way around. The reason is simple. If grade must equal price, then an attractive About Uncirculated coin with better eye appeal than a nicked-up or discolored Mint State coin, and therefore worth more, must be given a higher grade than the ugly Mint State coin. This is why grading services grade attractive, lightly-worn coins as Mint State. Indeed, among the Half Cents and large cents, coins in MS-60 to MS-63 slabs are typically worn. And Q. David Bowers has been hammering away on this topic in recent columns: Quote:The Joys of Collecting column from Sept. 12, 2016, weekly issue of Coin World: Today, grading is the biggest bugbear in numismatics — the most unsettled, the most unscientific. In my opinion, grading is more disorganized than it has been any time in the past 30 years. The leading certification services have abandoned at least some of the Official ANA Grading Standards. You know where one can get the most accurate grades? Here. Seriously, the collective judgment of CCF members strikes me as more accurate than most other sources. I also trust the grades of my local coin store. The owner has been in the business/hobby for 40 years; grades moderate-to-conservatively; and, as a bonus, prices his coins fairly! :O) I appreciate the open discussion. I'm learning a lot! ~ Mark Edited by dd27
09/12/2016 2:25 pm
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Valued Member
United States
314 Posts |
Hmm, I'm learning, too. It seems that the word UNcirculated is rather straightforward, even though it may be complicated to discern if a coin is in fact that. But if a coin is clearly *worn,* I just don't see how it makes sense to call it MS. Now on another matter, I don't think a fingerprint means a coin is not uncirculated. It's unfortunate, yes, but holding a coin does not mean it has been put in circulation, does it? It's sort of interesting how complex this can get.
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Replies: 17 / Views: 3,110 |
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Posted 09/07/2016 07:22 am
