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 Replies: 16 / Views: 2,482 |
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Valued Member
Canada
245 Posts |
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Pillar of the Community
1844 Posts |
I seen the same coin, what you are looking at here is pure and simple..Money Talks... Its not the first time I have seen this and it wont be the last... Great ex : Not being well known as some, I submitted a coin...It came back AU58... I was not happy.. I gave it to a very very well known collector of High end stuff, and very well known to all auction houses... He re submitted the coin it came back MS 64 ? Now I knew it was at least a MS 62 ish ..So what does this say ? Its who you know sometimes
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Valued Member
Canada
293 Posts |
I agree totally. There's no way it's a MS coin. In my opinion it's an AU58. Something fishy here.
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Pillar of the Community
Canada
1461 Posts |
I'm not so sure about that. Maybe MS65 was optimistic by ICCS but the lack of detail around the crown to me is a strike issue not a circulation issue. The lack of luster could be a lighting issue. Have a look at this MS65 nickel from 1922 and note the weakness in detail in the same area of obverse. The reverse (although exhibits similar weakness in the same area of the leaf, is somewhat of a concern. http://www.nationalantiquecentre.co...n_coins/P70/ (scroll down to the 3rd coin). Last but not least, not that I'm necessarily a great defender of ICCS' grading methodology, but I'd still like to believe that ICCS has some integrity so I do not buy the "friendly" grading scenario argument. Edited by TheCoinHunter
03/06/2014 11:08 am
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Pillar of the Community
 Canada
9864 Posts |
I agree with TheCoinHunter . It's a weakly struck MS coin, but by the pics not deserving of a 65.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
2426 Posts |
I see a weakly struck coin with a very nice field.
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Pillar of the Community
Canada
3049 Posts |
I see how this coin could be an MS coin... but I wouldn't buy it ... To me it looks EF-AU...
So yes it could be a weak strike.. it could be a "whoops" everyone is entitled to their mistake... it could be a lot of things... but it wouldn't be going into my collection at MS prices... that's all I know!
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Pillar of the Community
Canada
5417 Posts |
Id agree with some of the others. This is a weak strike and is MS. Maybe not deserving of a 65 but 63 or 64 seem plausible.
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Pillar of the Community
Canada
2495 Posts |
For the twentieth time let me say this again:
1. ICCS grades mainly by the 'fields' in determining an MS coin.
2. Learn how ICCS grades, not from some numismatic 'scholar' who's been hiding in a library for 30 years.
Good or bad, ICCS dictates the Canadian market.
This coin has pristine fields indicating a high MS coin.
ICCS doesn't give a pile of beans about 'beads' of 'crown jewels'.
oh...and to 'artdio'...it's NOT about the money with ICCS. Perhaps your 'high-end' coins grade out only as au58's is because they are hairlined, as witness to your many postings of your coins.
Edited by doubleeagle59
03/06/2014 3:16 pm
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Pillar of the Community
1844 Posts |
@ double, say what you want then why did it come back so much higher when the other person submitted my coin ? bet you cant answer that one.. Oh and 90 % of my coins were in ICCS holders and very very few had any comments at all...
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Pillar of the Community
Canada
2495 Posts |
Coins resubmitted quite often grade differently.
That doesn't mean there's something nefarious going on.
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Pillar of the Community
Canada
9864 Posts |
Quote:
Good or bad, ICCS dictates the Canadian market Collectors should, and ultimately will dictate the market. A coin with below average strike quality should never make 65. Though weakly struck 1922 5cents abound the strike of this coin is definitely below par. With grading like this many collectors will begin to doubt the value of any ICCS graded coin, and bit by bit the American TPGs will gain prominence. Quote:
ICCS grades mainly by the 'fields' in determining an MS coin. If that's true, how did a "harshly cleaned" coin receive a grade of MS64 ? https://goccf.com/t/169441"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
 Canada
245 Posts |
Thanks for all your comments guys! My intention behind this post was to learn about grading, and I did learn a thing or two. Sorry if I offended anyone or opened a can of something :)
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Pillar of the Community
United States
1656 Posts |
That coin is out of the ICCS holder. No telling if it was the coin that received that grade,
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Pillar of the Community
Canada
2495 Posts |
DBM...I agree that coin awhile back that ICCS graded ms64 harshly cleaned has me totally perplexed.
I would have said 'never' would ICCS give such a grade combination.
Problem MS coins at best get an ms60 with ICCS.
As I said before, I'm totally at a loss to explain this.
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Pillar of the Community
 Canada
5394 Posts |
You can make an awful lot of money in George V nickels if you know what ICCS is looking for. Strike is a problem on a lot of George V and VI nickel coins due to the extreme hardness of the pure nickel blanks. If the lustre is incredible and there are minimal marks, ICCS could care a toss less about the strike. The coin will come back a 64 or a 65. Throw in a few hairlines or slide marks and anywhere from EF45 - AU58 is the end result. Since 1986 I have probably sent in about 400-500 early nickels and overall have done quite well. As to this coin , strike is a problem but I am willing to bet the fields are wonderful and the lustre amazing. That is what ICCS is all about.Talk to Brian Cornwell and when you ask "what do I look for?" and the answer is "the amount of marks". |
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Replies: 16 / Views: 2,482 |
Posted 03/06/2014 10:24 am
