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 Replies: 20 / Views: 2,995 |
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Valued Member
Canada
389 Posts |
Hey there everyone I bought a 1919 50 cent piece graded by NGC at AU58, I was wondering is that the same thing as MS60 , or AU 55 when I'm looking at a price?
Also would it be better to send to a Canadian grading company? when I get it in hand?
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Pillar of the Community
Canada
5324 Posts |
au 58 is au 58, if you think this coin is undergraded if you think its a ms 60 have ngc regraded it, ICCS is generally a more conservative grader and they use a soft flip which alot of collectors hate.
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Valued Member
 Canada
389 Posts |
Yeah I was thinking CCCS for their hard case, but is NGC an accurate grader on Canadian coins?
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Pillar of the Community
Canada
5324 Posts |
ngc grades fairly while pcgs seems to overgrade the coins
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Pillar of the Community
Canada
504 Posts |
I have a 1858 full vine victory in a hard NGC holder graded au 55 brown. The opinion here was from the scan I posted back a few weeks ago. Almost everyone said it looked EF from the scan so they overgraded a bit I think.
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Pillar of the Community
United States
3184 Posts |
both companies can overgrade and undergrade, however I would choose NGC and PCGS as my top 2 grading companies and they are very well known vs ICG, etc.
As far as AU58s go, their are low grade AU58s and then better looking AU58s that you might think was a MS62-3 upon closer review.
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Pillar of the Community
 Canada
9864 Posts |
NGC has a reputation for overgrading Canadian circulated coins.
"Dipping" is not considered cleaning...
-from PCGS website
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Bedrock of the Community
Canada
10743 Posts |
Yes, I agree with DBM, NGC and PCGS have a tendency to over grade Canadian coins. Send your coins to either ICCS or CCCS, if you decide to get them graded, as for me, I would rather grade them myself..  |
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Valued Member
Canada
389 Posts |
Ill be sure to post a picture on here as soon as I get it in hand
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Valued Member
Canada
475 Posts |
I will go even further out on the limb................Americans cannot grade Canadian coins, especially circulated ones well at all. I have seen some awful NGC and Pcgs graded Canadian lately. As to AU-58 grade if really pretty and lots of wham to it can sell for MORE than an ugly 62 or 63 . Always always always buy the coin and NOT the grade on the plastic. Over time you will be well rewarded for your efforts.
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Pillar of the Community
United States
3486 Posts |
So far no one has answered one of the OP's questions:
The difference between an AU and an MS, as to price, is a question which is determined by "condition rarity." If the difference between the two is small, there is not much benefit to splitting the grade. However, if there is a big jump then it may make sense to push the issue.
This is especially true of older coins. If surviving specimens are limited, and most are of lower grades, then the spread between AU and MS can be great.
And I totally agree: a nice, eye-appealing AU can look a LOT better than a mediocre MS coin.
Edited by matthewvincent
10/01/2012 7:05 pm
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Pillar of the Community
Canada
2495 Posts |
54dollarcoin is spot on. The US TPG's grading of circulated Canadian coins is a joke. For the OP, before you start thinking your coin could be AU or MS, have ICCS grade it, then we'll talk value. |
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Pillar of the Community
Canada
2301 Posts |
I agree with 54 on the statement buy the coin not the holder. As for doubleeagle59 comment about ICCS. The days of trusting ICCS holder sight unseen holders are LONG GONE. Again buy the coin, not the holder.
If the op's coin is a nice au58, 90-95% of MS 60 would be realistic. Again, IF the assigned grade is correct. IMO
I use CCCS for their hard holders and conservative consistent grading.
Edited by nickelsguy
10/02/2012 12:24 pm
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Valued Member
Canada
389 Posts |
Well I Only bought it for 165 that's including shipping :)
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Pillar of the Community
Canada
2301 Posts |
All that really matters is if you are happy with the coin. :-)
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Pillar of the Community
United States
1812 Posts |
back in 1999 I had a ex-partner that would purchase and crack out all the certified AU coins he could obtain for under graysheet bid, then sell them raw in Mint State Condition... This person could sell sand in the desert and snow in Alaska, and had a golden tounge for ripping people off... Needless to say, by the end of 2001 it required police intervention for me to send him on his own (and I lost a large sum of money in the process)... He had no trouble finding someone else and teamed up with a home contractor that knew nothing about coins, but had the funds in cash and would back his large estate purchases... Karma has a way of getting even, and by 2008 this contractor had disappeared with all the inventory not to be seen again... Sorry to rant on this thread, but this was the first thing to come to mind when I read about certified AU coins...
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Replies: 20 / Views: 2,995 |
Posted 10/01/2012 10:44 am
