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When Eye Balling A Coin...

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Stylez's Avatar
United States
131 Posts
 Posted 10/25/2013  01:38 am Show Profile   Bookmark this topic Add Stylez to your friends list Get a Link to this Message Number of Subscribers
When looking at a coin to purchase... does the front and back make the overall grade for the whole coin or are the fronts and the backs graded differently? Like a XF obverse and a G-VG reverse is it still a xf coin? Thanks.. PEACE....
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/25/2013  02:23 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
As I understand with Sheldon grading, a split graded coin takes the grade of the lowest graded side.

The British with their old system do things a bit differently.
Grading standards are a little different: For example, AU Sheldon is EF with the Brits.
A split grade is just that: a split grade. Obv. first / rev.

So far a buying a coin is concerned, I consider the grade for myself, then consider how the coin has already been graded.

As we all know, grading is just one of many factors that come into play, when determining the value of a coin, and how much you are prepared to pay.

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Stylez's Avatar
United States
131 Posts
 Posted 10/25/2013  03:03 am  Show Profile   Bookmark this reply Add Stylez to your friends list Get a Link to this Reply
Thanks sel69l.... To give a little more info the obverse has a awesome die crack error and its looks really good but the back of the coin has some nasty spots on it... I dont want to draw attention to it or I'd post the listing....
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vermontensium's Avatar
United States
16679 Posts
 Posted 10/25/2013  04:02 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
The stronger side will help carry the weaker side (minus any strike weakness).
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westcoin's Avatar
United States
9792 Posts
 Posted 10/25/2013  05:09 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Generally speaking the Obverse is the side that will carry the most weight at a TPG or in raw grading. So, if say, a Morgan dollar is MS65 obv. and MS62 rev. it might get a MS65 or MS64 grade. If the obv. and rev. were switched in this scenario, Obv. MS62 and Rev. MS65, I'd expect a MS62 or MS63 grade. The Obverse pulls a lot more weight in the Morgan dollar series than in other series of coins.

But every coin is unique from a grading point of view. There can be other things that influence a grade, like strike, color, luster, toning, etc.

Things that should not influence grading but sometimes still do, die cracks, planchet flaws, etc.

Then there is the dreaded "details" grade from rub, wear, cleaning, artificial toning, tooling, re-engraving, (coin doctor tricks), scratches, hairline scratches, polishing, buffing, acid etching, and even natural "details" grades of corrosion, pitting, environmental issues usually.

When I first look over a coin, I'm grading or thinking of purchasing, I do a quick cartwheel roll in hand under a good lamp, looking for luster, and obvious marks, then after that assessment I will look closer with a loupe, quickly going over the whole coin, then coming back to PUPs (pick up points) Date, Motto, recessed areas, looking for varieties, RPD's Doubling, die cracks, Cuds, etc. finally checking for hidden damage or hits I may have missed. Last thing is to inspect the third side of the coin, you do know all coins have a third side, right? The Rim, check for seams, nicks, or other issues and damage there. When I do this on a Morgan dollar I usually take no more than 30 seconds to a minute, and only longer if I'm looking at checking VAM attributes. (Morgans I have a great deal of experience with), other coins I may take 60-90 seconds to examine. Only studying them longer if warranted and depending on what I'm looking at, rare or expensive coins - well I might study one for a long time 5 minutes or more before coming to a determination. But generally that's my method, learned from years, and years (decades) of study and looking at tens of thousands of coins in that time.

Bottom line, good lighting, a relaxed state, and a good loupe is what I need to be consistent and accurate. I'm certainly no expert, but I rate myself above average on most coin series, some series like Morgans I'd go up against any TPG grader (I may not win but I'd hit 85% or better) other series I have very little experience so I may even defer to others or use cheats like Photograde to help me out.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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jpbone's Avatar
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1959 Posts
 Posted 10/25/2013  2:53 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply


I have a similar routine. Essentials for me is a relaxed attitude, good light, good loop, and be methodical and thorough. Before you get good enough to know when a coin has been monkeyed with, you will begin to get a "feeling" something isn't right about a certain coin. Generally, if you feel that way, trust your gut and pass, or get a second unbiased opinion. When I was younger, I purchased a few artificially toned Seated quarters. I felt something was "wrong" but just hadn't had enough experience to put my finger on it. Now, most of the time, I can spot them a mile away. Occasionally I still get burned, but rarely when inspecting the coin in person.

As far as grade, I never knowingly purchase "problem" coins. Be careful with coins with large splits on grade between obverse and reverse. It can mean there is an underlying issue like a bent coin. Like mentioned above, the obverse carries more weight, but a problem reverse is always a no go for me. Problem rims are unacceptable for me as well. The higher your discrimination, happier in the long run I am about any purchase.

If the spots bother you, be patient and look for a better example. Good luck!
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panzaldi's Avatar
United States
18657 Posts
 Posted 10/25/2013  2:58 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I'm with jbone. one thing I take into consideration is I grade each side on its own merit. if they are off more than 5 points, I pass. In almost all situations I go with the obverse but there are exceptions.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 10/25/2013  6:39 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
If I really want I the coin, I will just take the net grade, VF-20 and VF-30= VF-25.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 10/25/2013  7:17 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
it'll take some time and practice and even at that point it will take more time and practice before you become that profecient at grading and spotting manipulated coins

if not for the CCF and the generosity of knowledge in the archives as well as real time feedback I for one would not have become the collector and still aspiring numismatist that I am today

go search the archives with keywords like "artificial toning" and "details grade(s)", you'll be amazed at the knowledge base you gain
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 10/25/2013  7:34 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
I myself look at both sides of the coin no matter what the Grade. I have seen graded coins that look good on the obverse and not so good on the reverse. Letting that guide me I have passed coins up for just that reason and it has never done me wrong. I have a lot of coins in my collection that are much better than what I originally passed up.
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Stylez's Avatar
United States
131 Posts
 Posted 10/25/2013  11:13 pm  Show Profile   Bookmark this reply Add Stylez to your friends list Get a Link to this Reply
ill go ahead and add the coin... hope this doesn't bite me in the butt.... some of you know that I purchased a 2 cent piece with a die crack much like this one so I want it to go along with it but the reverse has me on the fence... hope this helps put me on one side or the other... thanks, PEACE...

http://www.ebay.com/itm/29099836620....m1423.l2649



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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/25/2013  11:44 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
You can't do a cartwheel with a photo!
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 10/26/2013  07:08 am  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply

Quote:
ill go ahead and add the coin... hope this doesn't bite me in the butt.... some of you know that I purchased a 2 cent piece with a die crack much like this one so I want it to go along with it but the reverse has me on the fence... hope this helps put me on one side or the other... thanks, PEACE...


Well, I know nothing about US coins, but I like that Stylez!

OK, by British standards it's just Fine, but it has what I call 'eye appeal'. The toning ... it's possible to my eyes it's been cleaned a long time ago, but the toning is pleasing and to me a bonus. The scratches ... well, if it was a scarce coin or a decent price and it was a gap in my collection I could certainly live with it.

I don't mean to threadjack, but I had a similar conundrum a while back. The following coin has some scratching to the face and weakness/wear to the reverse.

When-Eye-Balling-A-Coin...

However, in its favour are that it has the toning of a coin that has been in a collection for a long time. It's a scarce type and, for that type the King's portrait is better than average. And finally, it wasn't expensive.

And there's the point. A grade is only part of the story. How difficult it will be to find another, better, at the price, how appealing a coin is to you ... these are all factors that come into play. Because when it comes down to it you are the one that has to live with it.

If each time you look at a coin you think, "Yeah, I did OK there" it's a successful purchase! And if you think, "I could have done better, I kinda wish I'd waited" ...

Only you can decide which this coin will be for you.

Thanks for sharing the link. I like to see a coin that is nearly 200 years old and looks like it now and then! (That's a good thing by the way. I'm really not a fan of coins that look as if they were made yesterday and have spent the last century wrapped in cotton wool. Coins are meant to be spent and that their appearance hints at their history is one of the things I like about them!)

[/threadjack]

Edited by Tom Goodheart
10/26/2013 07:10 am
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jpbone's Avatar
United States
1959 Posts
 Posted 10/26/2013  09:40 am  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
I agree with Tom Goodheart. A little warning though. This seller is known for misleading photographs. He photos the coins to make them look as good in the photo as possible when he should be trying to take a photo that captures how it looks in hand as close as possible. If you would like to know if it would get a details grade from a TPG, in my opinion, for sure it would. If knowing you are buying a "problem" coin doesn't bother you, go for it. Just be sure to get it cheap.
Edited by jpbone
10/26/2013 09:44 am
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 10/26/2013  10:10 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
Up is right on the money with GSC. I've bought from them and while not totally disappointed, they do take VERY high end photography which can lend a bit more to the appearance than reality.

I do love that die crack and its up to you but the reverse is unfortunately damaged to a place that it only makes a detail grade

Are you willing to pay $150 for it?

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Stylez's Avatar
United States
131 Posts
 Posted 10/26/2013  3:57 pm  Show Profile   Bookmark this reply Add Stylez to your friends list Get a Link to this Reply
If I can get the coin for the right price within my budget Ill go for it but for 150.00 I could get a really nice problem free coin for my #7070... thanks to everyone for their help and words of wisdom.... PEACE...
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