Nickels From 1867 For Grading - Coin Community Forum

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Author	Replies: 5 / Views: 872
maudry Pillar of the Community Luxembourg 588 Posts	Posted 04/04/2007 2:04 pm Hi here is a couple of Nickels from 1867. The first coin shows still some strong luster which doesn't appear on the scan. But it also starts to have some serious signs of wear and worse several spots probably resulting from verdigris. Without those spots I would grade it XF45, in that state around a small VF? It has probably been minted from fresh dies. Image: nickel1867-1.jpg 67.68 KB I'm not familiar with US grading, so all opinions are wellcome The second coin has a little dull luster shows only little wear and has a die crask. I think it is AU50. It has obviously been minted from tired dies. Image: nickel1867-2.jpg 71.54 KB Report this Post to the Staff

hunter20ga Pillar of the Community United States 1173 Posts	Posted 04/04/2007 3:12 pm I don't have my grading books at hand, so will have to offer only a guess on these nickels, but...that said, I would agree that the first coin has VF characteristics and the second is AU 50. The first coin, because of the spotting wouldn't command the full value for its grade. Still...getting good examples of the Shield nickels nowadays isn't always easy. Pretty neat die crack on the second one. You claim tired dies, and that is obvious for the reverse of this coin, but the stars on the front look very evenly struck, which is not always the case. The obverse rim of the second nickel has an unuaual appearance between 3 and 6 o'clock. Is that after mint damage? Could you give us a better view? Nice coins. Edited by hunter20ga 04/04/2007 3:14 pm Report this Post to the Staff
Jaobler Pillar of the Community United States 6394 Posts	Posted 04/04/2007 3:54 pm Hello Maudry, I'd say your first coin is choice VF, almost XF in terms of wear. The corrosion spots will of course lower the value. I would be a bit concerned that the corrosion could spread and cause further damage. I wonder if any forum members have any suggestions for stabilizing the coin surfaces so the corrosion doesn't get worse. I agree the second coin probably deserves an AU grade. The obverse rim irregularities from 3 to 6 o'clock are as-struck features caused by broken die edges. Small Cuds like these are pretty common on Shield nickels. Report this Post to the Staff
Phoenix21 Valued Member United States 194 Posts	Posted 04/04/2007 11:39 pm I think you graded them pretty accuratly. I go about the same on both of them, VF and AU. Phoenix Report this Post to the Staff
maudry Pillar of the Community Luxembourg 588 Posts	Posted 04/05/2007 07:01 am Thanks for your opinions! Do the die cracks and broken edges have any influence on the coin value? Report this Post to the Staff
hunter20ga Pillar of the Community United States 1173 Posts	Posted 04/05/2007 09:29 am Die cracks and Cuds...sometimes affect value for some collectors. If the coin is recognized as a variety, then die cracks, etc. can increase value by increasing collector demand. If not seen as a variety, then there's probably little effect on price either way, though a "purist" may avoid such coins. Personally, I think these "beauty marks" add flavor and interest to coins, especially those American coins from the 1790's through the nineteenth century. Of more importance to me is the strike quality and detail of the engraving. But, as in all things numismatic, it is a matter of personal preference and opinion more than anything else! Report this Post to the Staff
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