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Did PCGS Get The Grade Right? 1925 S LWC

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 Posted 04/25/2011  09:19 am  Show Profile   Bookmark this reply Add upstate to your friends list
My guess is XF 40 because of right wheat ear weakness and hits on lincolns
bust as well as the distracting hit in the field.
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Canada
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 Posted 04/25/2011  11:27 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list
EF-45.
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 Posted 04/25/2011  1:09 pm  Show Profile   Bookmark this reply Add DoubleYou to your friends list
VF-30 I'll say.
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 Posted 04/25/2011  7:45 pm  Show Profile   Bookmark this reply Add penny man to your friends list
they gave it XF 40.
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 Posted 04/25/2011  9:00 pm  Show Profile   Bookmark this reply Add acloco to your friends list
Interesting...without full wheat on the reverse?

Don't think I would ask for a lower grade though. :)
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 Posted 04/25/2011  10:07 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list

Quote:
Interesting...without full wheat on the reverse?


The weakness you see at the bottom of the right stalk is due to this coin being struck with overused dies. It is not wear. 1925-S is well known for being struck with overused dies. The reverse on this coin is actually pretty well struck for this date.
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 Posted 04/25/2011  10:39 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
XF45 would be my guess. Exactly, the 25-S & 25-D are known for very weak strikes. Don't confuse that with wear.
swcoin.ecrater.com
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 Posted 04/25/2011  10:47 pm  Show Profile   Bookmark this reply Add acloco to your friends list
cwb - you are correct. Does a stronger minted 25 S command a higher price or higher grade in similar overall condition?
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 Posted 04/25/2011  11:50 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list
Well struck specimens definitely command higher prices...sometimes much higher, especially in the MS grades.
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 Posted 04/26/2011  6:01 pm  Show Profile   Bookmark this reply Add eddiespin to your friends list
Technical EF-40/45. PCGS always gets it "right," though, if you'll just remember this: they're grading based on what their experience tells them the coin will transact at in the marketplace.

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 Posted 04/26/2011  6:48 pm  Show Profile   Bookmark this reply Add acloco to your friends list
eddiespin - exactly. NOT knocking the owner/poster/or this coin....but that is not an EF coin by grading standards. It is an EF coin by "market grading standards".
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 Posted 04/26/2011  7:49 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
PCGS always gets it "right," though, if you'll just remember this: they're grading based on what their experience tells them the coin will transact at in the marketplace.


There's some truth to that on high value coins. This is a $10 or $15 coin. They just put a grade on it based on what they saw.
ANA #R3154474
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 Posted 04/27/2011  12:56 pm  Show Profile   Bookmark this reply Add eddiespin to your friends list

Quote:
There's some truth to that on high value coins. This is a $10 or $15 coin. They just put a grade on it based on what they saw.
BH1964, FWIW, this is what PCGS purports to do, they have the market experience to make those calls, and, I don't see any exceptions, therein, for lower-valued coins:

Market Grading
A numerical grade that matches the grade at which a particular coin generally is traded in the marketplace. The grading standard used by PCGS.
http://www.pcgs.com/lingo.chtml?uni...313&letter=M

The point is, in no way are they technical grading. In fact, look at that link to their glossary, and see if you can find a definition for "technical grading." You won't. That term isn't even in these graders' vocabulary.

PS: BTW, the technical grade on this coin is hard to make out, for the fuzzy pictures. But, giving those every benefit of the doubt, I'm seeing it, technically, as a EF-40/45 coin. It may be worse, it may be better, I'll concede that; no problem...
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 Posted 04/27/2011  5:19 pm  Show Profile   Bookmark this reply Add acloco to your friends list
Eddiespin - thanks...again...you are right.

Regardless...would be proud to have it at my house. :)
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 Posted 05/05/2011  6:40 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list
Two grades too liberal but ?
More bucks for everyone.
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