Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin AuctionsSpecializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

First Attempt To Grade A $5 1880 Liberty Gold Coin

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 1,340Next Topic Page 2 of 2
Bedrock of the Community
United States
94367 Posts
 Posted 10/30/2023  11:42 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Yes, much larger pics, pease!
Pillar of the Community
United States
6396 Posts
 Posted 10/30/2023  5:00 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list

Quite a few scuffs and abrasions, particularly on the obverse. The obverse also shows lots of friction and luster loss in the fields. Original luster is only visible around a couple of the stars. I'd grade it AU-53. This 1880-S half eagle is a common coin and the value in this condition is based on the gold content.
Edited by Jaobler
10/30/2023 5:11 pm
Bedrock of the Community
United States
94367 Posts
 Posted 10/30/2023  5:16 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Looks like a bad cut across the cheek as well. Guessing this is just a bullion coin.
New Member
United States
17 Posts
 Posted 10/30/2023  10:47 pm  Show Profile   Bookmark this reply Add dldmetz to your friends list
My initial gut reaction was between an AU58 and MS62 so I'll give myself a pat on the back for first attempt. Did something on a Peace dollar someone posted and asked for people to guess its grade - I guess one grade higher than actual. I may actually have a future at this!
Pillar of the Community
United States
2286 Posts
 Posted 10/30/2023  10:49 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list
Slow down turbo.

This isn't something you can just accrue over night.

Most likely you compared photos to your Coin and it took you awhile.

A professional grader will know the grade within seconds without the help of photos or anything else but a loupe.

It can take a long time to develop your eye, stick with it and don't get discouraged.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
Edited by NumismaticsFTW
10/30/2023 10:52 pm
Bedrock of the Community
United States
74846 Posts
 Posted 10/30/2023  11:04 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
I am thinking AU to low MS.
Errers and Varietys.
Pillar of the Community
United States
1143 Posts
 Posted 10/30/2023  11:07 pm  Show Profile   Bookmark this reply Add cointagous to your friends list
I believe the old saying goes like this...
Grading is easy..just look at 10,000 coins and it becomes apparent.

I'm probably at 50,000 and am still learning.
New Member
United States
17 Posts
 Posted 10/31/2023  02:49 am  Show Profile   Bookmark this reply Add dldmetz to your friends list
NumismaticFTW - your right that this is a skill which is definately not obtained in any short period of time. I didn't spend awhile, I spent hours on this. I referred to the notes I wrote from the ANA online grading 101 class, researched what focal points to look at on this particular coin, look and compared numerous PGLS example to the coin itself before I put together my thoughts and final grade on the coin.

I am just happy and encouraged that it appears I applied what I read and saw correctly this one time. Thanks everyone for the feedback on stuff I missed and additional thoughts/feedback on some of my observations. Much appreciated! Its only through practice and being receptive to honest constructive feedback or suggestions can we improve.
Edited by dldmetz
10/31/2023 02:52 am
Moderator
Learn More...
United States
15489 Posts
 Posted 10/31/2023  03:49 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
to the CCF

Nice job on your initial attempt.
Take a look at my other hobby ... http://www.jk-dk.art
Bedrock of the Community
Learn More...
United States
18700 Posts
 Posted 10/31/2023  08:55 am  Show Profile   Bookmark this reply Add panzaldi to your friends list
here's something you can do regarding grading.

assess you coin and assign a grade based on that. go to ebay and search for same coin slabbed by PCGS/NGC in the grade you assigned. look at several of the slabbed coins side by side with yours and see how they compare. Always keep in mind that even the big houses get the grade wrong since its subjective. we see them here all the time. sometimes you just scratch you head and try to figure out how they got there.
New Member
United States
17 Posts
 Posted 11/02/2023  7:07 pm  Show Profile   Bookmark this reply Add dldmetz to your friends list
Panzaldi - know exactly what you mean. When I was analyzing and comparing the various grading pictures on the PCGS, I saw coins graded as AUs that appeared, at least in my eyes, to be in better condition than ones graded as MS. Then I saw coins graded as MS which looked worse, in my eyes, than ones graded as AU. Guess the old saying is true - beauty is in the eye of the beholder.
Bedrock of the Community
United States
94367 Posts
 Posted 11/02/2023  7:53 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Just a bullion coin.
New Member
United States
17 Posts
 Posted 11/02/2023  8:25 pm  Show Profile   Bookmark this reply Add dldmetz to your friends list
If its a bullion coin than I earned a F on my first grading attempt. I do understand why a bullion designation is being considered (scratch on the cheek). Is there a grade point, at which a is coin considered to be a bullion coin or does it depend upon the market value of the grade for the coin itself?
Bedrock of the Community
Learn More...
United States
18700 Posts
 Posted 11/03/2023  10:46 am  Show Profile   Bookmark this reply Add panzaldi to your friends list

Quote:
I saw coins graded as AUs that appeared, at least in my eyes, to be in better condition than ones graded as MS. Then I saw coins graded as MS which looked worse, in my eyes, than ones graded as AU.


very possible. a high grade AU coin almost always looks better than a low end MS coin. low MS coins typically exhibit a lot of marks, scratches, scuffs and discoloration. i'd almost always take an AU58 over an MS60,61 or 62 coin


Quote:
Is there a grade point, at which a is coin considered to be a bullion coin or does it depend upon the market value of the grade for the coin itself?


the answer is yes in most cases. however there are a lot of variables. if the coin is common and has a low enough grade that does not exceed its market value then obviously its just worth the metal content. same goes for damaged coins but again it comes down to rarity.

BTW your coin is worth more than melt
Edited by panzaldi
11/03/2023 11:08 am
Bedrock of the Community
United States
36844 Posts
 Posted 11/05/2023  5:24 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
AU-55.
Page 2 of 2   Previous TopicReplies: 20 / Views: 1,340Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.36 seconds to rattle this change. Forums