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Pillar of the Community
United States
1882 Posts |
Quote:
the one thing I can't conceive is how good this coin looks with the date almost missing......Is that normal? Yes, it is quite normal...expected, actually. Starting 1925, the date area on the SLQ was recessed to better protect it from wear. |
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Rest in Peace
 United States
4849 Posts |
Thanks for the grades folks, though I think the modern graders at a TPG would knock it down to G-4 due to the date weakness. There is a very nice PCGS G-6 1923-s on ebay right now that is decidedly stronger than this coin in all respects. I was considering bidding on it, but couldn't pass this one up. |
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Pillar of the Community
United States
3294 Posts |
Maybe they would knock it down, but it is a common issue with that coin design, so I would be surprised if they knock it down solely on date wear.
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Pillar of the Community
United States
1882 Posts |
Johnny, thanks for pointing out that G6 coin on ebay. It is under graded!  Seriously, the inconsistency on how these are graded is interesting. To me the date should not be such a factor, but I'm not the one handing out the grades. If several slabbed coins in this grade range were lined up, I wonder if there is a time line that would show that the grading standard shifted one way or the other with regards to the wear on the date. |
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Rest in Peace
United States
4849 Posts |
Yeah, that G6 would probably be a great buy for someone. I may still even bid on it if the price stays low, but I agree with the inconsistency thing. It seems that the later slabs are more strict with grading, but that is only based off of a few that I've looked at. However, I think we can use that to our advantage and only purchase certified pre 25 slqs that are undergraded and save some money. I saw a 1921 on Heritage in an NGC VG-10 slab that had a full bold date.
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Pillar of the Community
United States
1882 Posts |
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It seems that the later slabs are more strict with grading Please define "strict"...worn date lowers grade? Or worn date does not lower grade? I had my hands on Cline's SLQ book for a while. Don't remember exactly what he had to say on the subject. ( googling ) Cool, I didn't know his book could still be bought affordably: http://www.slqs.com/( EDIT ) My marbles are lost...rolling all over the floor. Fox's book on Walkers is the tough-to-find book. Edited by steve199
03/10/2010 1:14 pm
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Rest in Peace
United States
4849 Posts |
strict as in worn date lowers the overall grade, ignoring the remaining details.
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Pillar of the Community
United States
952 Posts |
is it just me, or do the mintmarks on the coin pics (noth coins) look inverted?
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Rest in Peace
United States
4849 Posts |
Quote:
is it just me, or do the mintmarks on the coin pics (noth coins) look inverted? noth coins? did you mean "both coins"? The larger "s loop" is supposed to be on the top, at least it is on all of the 23-s coins I've looked at. |
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Pillar of the Community
United States
952 Posts |
then it is me......keep thinking the larger loop should be on the bottom. Thank you for straightening me out on this.
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Moderator
 United States
16679 Posts |
Quote:though I think the modern graders at a TPG would knock it down to G-4 due to the date weakness They can do whatever they want but the fact of the matter is that this coin will ALWAYS have a weak date in most grades below the Fine levels. You have to consider the overall wear putting the digits of the date aside when considering the levels of preservation on SLQ's before 1925, especially the 1923-S and 1921 issues, where the date was raised rather than protected in a recess as in the later dates. swcoin.ecrater.com
Edited by vermontensium
03/12/2010 05:13 am
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Rest in Peace
United States
4849 Posts |
Quote:
They can do whatever they want but the fact of the matter is that this coin will ALWAYS have a weak date in most grades below the Fine levels. You have to consider the overall wear putting the digits of the date aside when considering the levels of preservation on SLQ's before 1925, especially the 1923-S and 1921 issues, where the date was raised rather than protected in a recess as in the later dates. I hear you and see your point. I guess it just kind of concerns me though in this case. Why would the seller have an asking price of only $200, if the coin is worth 6 or 7 hundred? This coin will go under a lot of scrutiny for a potential added mint mark when I receive it. It sure looks genuine from the pics, but I took a risk purchasing this raw. |
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Rest in Peace
United States
4849 Posts |
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Rest in Peace
United States
4849 Posts |
Here is an up-close shot of the mintmark. Any opinions as to whether or not the mintmark looks genuine?  |
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Pillar of the Community
United States
1534 Posts |
Yes, it is genuine, to the best of my knowledge. If I remember correctly, counterfeits have a filled S.
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Posted 03/10/2010 09:57 am
