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Replies: 10 / Views: 2,918 |
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Valued Member
United States
226 Posts |
What will cause a TPG to add "details" to a coins grade?
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Pillar of the Community
United States
1511 Posts |
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Pillar of the Community
United States
797 Posts |
As I understand it, when a TPG uses "details", it means something is "wrong" with the coin. It could be environmental damage (being in the ground, corrosion, etc) or it could be human damage (scratches, improperly stored, cleaning, etc.) If a coin is a fake or counterfeit then it will not be graded or marked as details, it will simply not be slabbed. If it is an error coin then it will usually be marked as such but not marked details. Basically a details coin has had something occur where it is not as desirable of a coin because of some damage or problem.
Edited by spaceace 03/21/2014 10:12 am
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Pillar of the Community
United States
8137 Posts |
If the coin has any problems with it, it will get a details grade. The term "details" is a little misleading IMO because it causes people to think that an AU details coin is better than a normal AU coin. If they put "AU with problems" or something like that, I think it would help collectors. (particularly new collectors)
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Pillar of the Community
United States
2757 Posts |
many coins that get slabbed with a details grade are cracked out of the slab and sold raw.
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Pillar of the Community
United States
9792 Posts |
 happens all too often, SsuperDdave and others here at CCF have caught quite a few "crack out artists" that buy from places like Heritage Auctions, Great Collections, Stacks/Bowers, etc., then crack the coin out of the detail listed slab and re-list a raw coin on ebay with no mention of the damage, at twice the price or more sometimes - and they sell, over and over to unsuspecting buyers.
"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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Pillar of the Community
United States
621 Posts |
details basically means the surfaces are not original or damaged and only the details present can be graded. Their are all kind of labels the TPG use, scratches, cleaned, environmental damage, corrosion, whizzed, etc.
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Pillar of the Community
United States
5854 Posts |
The details grade is used for coins that have a problem that they consider to be not market acceptable. Like a few others have mentioned, these coins are sometimes cracked out and sold raw as problem free coins. I have seen dealers do it at shows.
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Pillar of the Community
United States
3486 Posts |
Back in the old days, terms such as Fine, cld. were used - Fine, but cleaned. Today, the term 'details' is used (Slabbed Coins) - Fine, details. Means the same thing - Most coins prior to 1892 were cleaned and must be judged on their merits. Sometimes, a cleaned coin that is 200 years old is the only one that can be afforded. One must ask oneself, "How bad does the coin look?" Just occasionally, a 'cleaned' coin looks better than most others available.
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Pillar of the Community
United States
1959 Posts |
I used to be confused by the term "details" when I was younger. It seemed like a term used to describe a coin in a positive light.. Now, it is a dreaded word, since I know the meaning. So much so, when I see the term misused on ebay, I cringe. Sometimes I see someone using the term "details" to describe the coin when it is problem free. They, unknowingly, attach this word deemed unacceptable by many collectors to a problem free coin, which almost guarantees a lower sell price. This is usually mistakenly done by non collectors or people who do to know better or don't know how the word is used in the coin collecting world.
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Pillar of the Community
United States
3486 Posts |
jpbone, I AGREE with your comments. Many of us cringe as well. But it grows tougher and tougher to find coins without problems. Buyer beware. An interesting encounter: a raw coin. I detected what was potential damage from rubbing/cleaning and called the dealer' attention to it. He agreed with me that the surface was "not original." Learning to access a given coin is a powerful tool in your collecting arsenal. Prevents costly mistakes.
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Replies: 10 / Views: 2,918 |
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