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 Replies: 14 / Views: 1,746 |
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Valued Member
Canada
386 Posts |
I have seen a couple of silver dollars graded by the ICCS as MS60. But instead of being blast white in color, they had a dull grey color associated with circulated silver coins. I certainly would not pay MS-xx pricing for these coins despite the grade.
Does ICCS grade only according to coin details and doesn't factor in luster or color ?
Is this unique to ICCS and do other TPS (CCCS, PCGS, NGC) ignore eye appeal as well? Edited by 1945V
01/02/2013 5:40 pm
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Pillar of the Community
Canada
1192 Posts |
While nice lustre is eye-appealing, a lack of lustre is a technical reason for a lower MS grade. The silver coins you describe sound like they have been dipped, hence the MS-60 grade despite potentially nicer strike/details.
ICCS tends to grade technically. I believe CCCS grades technically as well. The American TPGs consider eye appeal.
Eye appeal for grading tends to only be fore the near gem/gem/gem+ grades anyway. I believe this would explain why ICCS hardly ever grades non-modern coins MS67 or higher. Even technical MS66's are pretty rare for most pre-1967 issues.
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Valued Member
 Canada
386 Posts |
Pokermandude,
The coins I was looking at did not have "Cleaned" marked on the ICCS tag, but I was told that the previous owner (prior getting them graded) had stored them in small Manilla envelopes. Possibly the chemicals in the paper leaked out and dullened the coins.
Thanks for the details regarding Canadian vs USA grading.
Edited by 1945V
01/02/2013 6:52 pm
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Pillar of the Community
Canada
3692 Posts |
If a coin is dipped, then technically it isn't Mint State, correct?
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New Member
Canada
48 Posts |
No, dipping doesn't mean its automatically circulated, assuming the dipping was done properly,
and assuming the coin wasn't too badly toned to begin with.
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Pillar of the Community
Canada
1411 Posts |
If dipped, a coin can still be Mint State, as grades are based on wear, not on damage, cleaning, etc.
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Pillar of the Community
Canada
1554 Posts |
 Generally I.C.C.S. grades on technical merit! But we're all human, who really knows what happens in the brain of someone holding an ugly coin that's an MS-63 or a gorgeous coin that is technically an MS-63, will one be lesser that the other as a "result" of opinion? After all, I.C.C.S. stateS that (Beauty) "eye appeal" is in the eye of the beholder, therefore grades are designated via technical merit! (normal wear/bag marks/visible problems) Glenn  Edited by glenzy1
01/04/2013 7:17 pm
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Pillar of the Community
1844 Posts |
Glenn I listed the 1893 quarter on the wifes site..go see it compared to the PCGS EF 45 thats listed... maybe you know someone who wants a beauty
Edited by artdio
01/05/2013 04:46 am
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Pillar of the Community
Canada
1554 Posts |
I didn't know Canada made quarters in 1843? Glenn  |
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Pillar of the Community
Canada
1177 Posts |
artido, whats the page? I may be interested, if you mean 1943
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Pillar of the Community
Canada
686 Posts |
I'm guessing he's talking about the 1893 he posted the other day. 121046745686 |
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Pillar of the Community
Canada
1051 Posts |
ICCS grades on technical merit, as (IMO) a TPG should. The subjective properties of "eye appeal" are left up to the buyer. Quote:
I believe this would explain why ICCS hardly ever grades non-modern coins MS67 or higher. ICCS doesn't often grade them at MS-67 because the coins simply don't exist at that grade in most cases. A true, conservatively graded MS-67 is absolutely superb in all ways and will generally not show any immediate flaws to the naked eye. PCGS irritates me at times because they will take a solid MS-66 with good color, and call it a 67. To me, that is doing a dis-service to collectors, as the coin remains a 66 (albeit an extra nice one) but may sell for multiples of 66 price. In an ICCS holder, the coin is a "PQ" 66, and will sell at a premium, but not what a 67 would. To my way of thinking, this is the most beneficial situation for collectors, not dealers. ;) Edited by 1cent
01/04/2013 10:08 pm
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Pillar of the Community
Canada
1177 Posts |
well an 1893 is a completely different ball game!
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Pillar of the Community
Canada
1554 Posts |
 Jakedacc, it might be a different ball game, but the rules of engagement are still the same! Glenn  |
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Pillar of the Community
1844 Posts |
 with Glenn, and high quality ones like this just dont come around to often... |
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Replies: 14 / Views: 1,746 |
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Posted 01/02/2013 6:51 pm
