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Heritage White Sheet

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Pillar of the Community

Sweden
729 Posts
 Posted 11/29/2012  05:18 am Show Profile   Bookmark this topic Add epikur to your friends list Get a Link to this Message Number of Subscribers
So I got this coin up for sale at the FUN in January.

Sent it in raw to HA and they passed it along to ngc, graded it to AU details, Scratches.

But now when it returened to HA, they sent me a whitesheet for the coin. On there, it said AU50, scratches.

So have ngc started number grading detail coins, or why would ha use AU50 in the whitesheet?
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 11/29/2012  08:05 am  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
What is the whitesheet?
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oih82w8's Avatar
United States
7840 Posts
 Posted 11/29/2012  08:46 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
The last I heard/seen is that NGC would use a "generic" grades G/VG/F/VF/X(E)F/AU/UNC/PR, but no numerical designators on detail (problem) coins. Heritage may have used AU50 since it is the lowest AU grade that is possible.

What coin are we talking about? Did they send you any pictures of it in the slab? Or do you have an item number for the Jan13 FUN?
Edited by oih82w8
11/29/2012 08:47 am
Pillar of the Community
Sweden
729 Posts
 Posted 11/29/2012  09:43 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
it's my 1916-D merc. No pics yet, I found out about the ngc grade by looking up the invoice number ha used when they sent it in

Oh, see now that ngc has pictures of the coin...

http://www.ngccoin.com/certlookup/C...=3606221-001
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 11/29/2012  09:59 am  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
Thanks for sharing.

I see what might be some small scratches on the reverse above the motto.

I would have expected much more detail about where the scratches are.

As practically all uncirculated 20th century coins have bagmarks - how do the graders decide what is AU and what is MS ?

What is the difference ?

I can't see any wear !
Pillar of the Community
Sweden
729 Posts
 Posted 11/29/2012  10:05 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
Here's a thread about it....there are some scratches, and I guess a BU details grade doesn't exist

https://goccf.com/t/131770
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oih82w8's Avatar
United States
7840 Posts
 Posted 11/29/2012  10:20 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
UNC Details does exist!

Grading terminology:
UNC DETAILS (Uncirculated) - - " A coin that shows no wear or evidence of circulation.

AU DETAILS (About Uncirculated) - - " Traces of light wear are evident on the high points of the coin's design.

XF DETAILS (Extremely Fine) - - " Design features are well defined, although light wear is evident throughout.

VF DETAILS (Very Fine) - - " Major details of the coin are clear although light wear is evident; the high points show moderate wear.

F DETAILS (Fine) - - " Moderate wear or many elements with heavy wear on high points. The major design elements remain visible.

VG DETAILS (Very Good) - - " Heavy wear flattens design elements, although major features are clearly outlined.

G DETAILS (Good) - - " Design details are flat and visible in outline. Some portions of the design may be faint.

AG DETAILS (About Good) - - " Design details are flat and appear in outline. Portions of the rim are lost to wear.

FA DETAILS (Fair) - - " Coin is identifiable, design is flat and visible in outline, and rim is essentially indistinguishable from coin fields.

PR DETAILS (Poor) - - " Heavily worn; only basal detail remains.


http://www.ngccoin.com/details/glossary.aspx

Here's another "Details" explained link;

http://www.ngccoin.com/details/unde...grading.aspx
Edited by oih82w8
11/29/2012 10:25 am
Pillar of the Community
Sweden
729 Posts
 Posted 11/29/2012  10:33 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
ah, thanks....
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/29/2012  10:48 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
if a coin has seen any circulation meaning if there is wear on any high point it can not be BU it has to be AU or below. So this coin could have seen very little circulation and be AU-58 details, some AU-58 coins look better than some MS-63 coins but they have a small amount of wear and cant be called Uncirculated
Pillar of the Community
Sweden
729 Posts
 Posted 11/29/2012  10:58 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply

Quote:
What is the whitesheet?


I have no clue why it was called a whitesheet. That's what HA sent me as confirmation that the coin had returned to them from ngc. For me, it was just a pdf stating grade and denomination.

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/29/2012  2:21 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
AU Details was the grade I had in mind when I called it a $5000+ coin. "Details" probably cost the coin $3000 in value. You can expect Heritage to do better for imagery than NGC did.
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