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Is The Coin Edge Taken Into Consideration When Grading?

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Author Previous TopicReplies: 9 / Views: 1,710Next Topic  
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gawd0wns's Avatar
Canada
464 Posts
 Posted 05/19/2008  4:22 pm Show Profile   Bookmark this topic Add gawd0wns to your friends list Get a Link to this Message Number of Subscribers
- On both U.S. and Canadian coins

Thanks
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Prethen's Avatar
United States
3233 Posts
 Posted 05/19/2008  4:48 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
Basically, no...unless it's damaged, then it'll bodybag.
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Snooba's Avatar
Australia
1360 Posts
 Posted 05/21/2008  10:47 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
In my opinion, yes. For further information, read the following comment by an NGC Grader:

QUOTE: "Always grade the rims and the edges first. I've been told that in the past Europeans would actually grade the entire coin based on the condition of the rims and edges (perhaps some still do). While I would never recommend this, I point it out because many modern day numismatists here in the U.S. have consciously or unconsciously opted to omit this part of the grading process completely!

"While rocking the coin and rotating it, examine the edges for damage to the reeding, corrosion, evidence of mounting, etc. In order to detect rim filing or repair look at the way the light reflects off of the rims for areas that are uneven or have a different color or appearance. I always inspect rims and edges before going on to grade the rest of the coin, and I urge others who do not practice this to start making it a habit.

"Rim filing and rim repairs can be very deceptive and, unless the light hits the rim at exactly the right angle, you will almost surely not see them. Sometimes rims are deliberately dulled or toned down to conceal problems, so be careful!"

Directly quoted from John Maben Former NGC Grading Finalizer.

Edited by Snooba
05/21/2008 10:48 am
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biokemist6's Avatar
United States
12437 Posts
 Posted 05/21/2008  11:06 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
IMO, the rim can affect the grade of a coin in a negative way(damage) but will not affect it in a positive way no matter how pristine.
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Prethen's Avatar
United States
3233 Posts
 Posted 05/21/2008  11:29 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
I can tell you that the answer is definitively No, unless as otherwise mentioned about damage. I have worked with a number of graders at an ANA advanced grading seminar, including those from PCGS and NGC. The rim is a non-entity unless there's a problem, then it will likely body-bag and no-grade.
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Snooba's Avatar
Australia
1360 Posts
 Posted 05/23/2008  07:45 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply

Respectfully, I must disagree with Prethen. The edge is often referred to as the "third side" of a coin, and with good reason. It's condition must always be assessed when grading a coin.
It would be foolish to only have two methods of assessing the edge: either "good enough to be a non-entity" or simply "only fit for a body bag". The edge can lower the coin's grade without making it a "no-grade" coin.

Edited by Snooba
05/23/2008 07:48 am
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justabeginner's Avatar
Australia
1014 Posts
 Posted 05/23/2008  08:28 am  Show Profile   Bookmark this reply Add justabeginner to your friends list Get a Link to this Reply
Well, I for sure wouldn't want a full-blooded dent to the rim of any coins...:(]
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americanmoney's Avatar
United States
36 Posts
 Posted 05/23/2008  6:28 pm  Show Profile   Bookmark this reply Add americanmoney to your friends list Get a Link to this Reply
I heard you should always grade from the rim in.
so with that in mind id say sure it affects the grade.
I'm new to this stuff but has any ever seen a coin with a hit on the rim in a PCGS holder that rated 66 or higher?
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Prethen's Avatar
United States
3233 Posts
 Posted 05/23/2008  8:36 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
The rim and edge are two different things, just to be picky. The edge is the 3rd side of the coin. Third-party graders do NOT take it into account unless there's a problem. The rim is essentially part of the surface of the coin. The slightest ding could be very distracting and can seriously hurt a grade or cause a coin to be body-bagged by a TPGS.
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hadleydog's Avatar
Canada
1267 Posts
 Posted 05/23/2008  9:21 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply

As Prethen said, The rim is a non-entity unless there's a problem, then it will likely body-bag and no-grade.
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