1812 Large Cent For Your Grading Pleasure

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Author	Replies: 10 / Views: 1,229
panzaldi Bedrock of the Community United States 18717 Posts	Posted 12/26/2018 1:20 pm obviously this piece has some planchet corrosion most likely originating prior to striking due to the planchets available at that time and transport. how does this affect grade and/or value. the white spot on the reverse was some fuzz and is not on the coin Edited by panzaldi 12/26/2018 1:20 pm Report this Post to the Staff

Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/26/2018 2:11 pm I would say EF details (environmental damage). Report this Post to the Staff
GERMANICVS Pillar of the Community Germany 1852 Posts	Posted 12/26/2018 2:32 pm I see VF20 to VF30 details, net VG10, maybe F12. Report this Post to the Staff
ty88ty2 Pillar of the Community United States 772 Posts	Posted 12/26/2018 3:04 pm You know... that is a good question and would make a good debate. Would a coin that was struck on a EV damaged planchet be EV damage graded because that is how the coin came from the mint? Personally, I think it would negatively effect the value as it is less appealing. As for the grade, I don't know where I stand. Report this Post to the Staff
panzaldi Bedrock of the Community United States 18717 Posts	Posted 12/26/2018 4:23 pm Quote: As for the grade, I don't know where I stand. my first thought is that when a coin leaves the mint it's mint state as there is no detectable wear on the coin from being circulated. below mint state our grading system is based on how much circulation wear it shows after it leaves the mint. MS coins are graded on not circulation wear but on any damage that occured to the coin during transit, storage etc. things like dings, scratches, rub against other coins etc. based on this premise then you would grade a circulated coin based strictly on amount of wear from circulation. any other issues that occured before or during minting may affect value but not grade i dont see a difference between grading a coin minted on a corroded planchet and one that was weakly struck. especially when one knows the history of the acquisition of planchets during that time. when I grade a weakly struck coin I grade it strictly on actual wear not the weakly struck areas considering a coin is only worth what someone will pay for it the buyer would then determine how much it actually affects the amount they are willing to pay. I dont think you can net down a coins grade due to pre-mint issues. how much it affects value is the debate that no one seems to be able to answer. I've heard numbers from 50% to as high as 75% Edited by panzaldi 12/26/2018 4:26 pm Report this Post to the Staff
SilverDollar2017 Pillar of the Community United States 8715 Posts	Posted 12/26/2018 4:31 pm VF-30 Details. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 12/26/2018 8:24 pm VF Details - Severely Corroded. ANA #R3154474 Report this Post to the Staff
paralyse Bedrock of the Community United States 12057 Posts	Posted 12/26/2018 9:14 pm I'd grade it 30 net 12. TPG VF details. It's attractive despite the corrosion. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36903 Posts	Posted 12/27/2018 09:42 am VF-35 details, environmental damage Report this Post to the Staff
bandsdean Pillar of the Community United States 2125 Posts	Posted 12/27/2018 10:14 pm XF-40 details porous. Report this Post to the Staff
numismatic student Bedrock of the Community United States 11912 Posts	Posted 01/03/2019 11:07 am vf details corroded Report this Post to the Staff
	Replies: 10 / Views: 1,229

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