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 Replies: 11 / Views: 2,432 |
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Pillar of the Community
Netherlands
847 Posts |
Hello Members, Ive got an 50 pfennig 1944 in my collection. But it appears to have small dots on it. Looks like it happens during the mintage of this coin. Did seen this more often in the past. But I don't know how it called and how it comes? Could someone tell me more about this (dots) process? Best wishes, Vincent   |
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Pillar of the Community
United States
5825 Posts |
Some are probably die chips. But most of them are die damage. And I see what appears to be two die cracks. The 50pf side looks like it was struck with a die that was overused. The die crack at 11 looks like it would shortly become a Cud. |
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Pillar of the Community
 Netherlands
847 Posts |
Hello Kanga,
Thanks for your explenation! I am wondering if you give this an grade. Do you aswell mention the die damage. Or is the grade withouth damage.
For example if it is only from the mintage do you call this EF or VF. Or is it VG because of the die damage.
On one side you would think that Die damage has nothing to do with the Grade. But on the other hand it can make de grade lower.
Hard to explain haha.
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Pillar of the Community
United States
5825 Posts |
I believe the "dents" at 12 o'clock on both sides are PMD; they affect the grade. The rest of the marks I attribute to the production process at the Mint and therefore are of only minor significance to the grade. You don't need to mention the dents since your images make them obvious. As for the minting marks you would say something like "the marks appear to be from die degradation". As for the grade, using US standards I'd call it XF. Problem is US grading tends to be about one level higher than non-US standards. Probably best not to even give a grading opinion. Let your potential bidders do their own grading. |
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Pillar of the Community
Netherlands
847 Posts |
Thanks Man! Did not know that there is an difference between US gradings and other countrys. So during mint process faults are not effecting the grade. Learned alot, because I did not know that for sure.
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Pillar of the Community
United Kingdom
856 Posts |
As kanga says vince, die damage is the likely cause for the spots. Dies are normally steel or hardened iron. Occasionally they rust causing pitting (small holes) in the die which then show as raised dots on the coin itself. As to grades, here's a comparison chart. You'll see US and UK (for example) grades differ: http://www.ngccoin.com/world/intern...-scales.aspxHope that helps. |
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Pillar of the Community
Netherlands
847 Posts |
Hello Tom goodheart, Thanks for your response. And nice to see the comparison chart. Did not know this till now :). Ive got an question which aint related to this topic. But to the comparison Chart. In my collection I've got an 10 Reichspfennig reichskreditkassen 1940 A and an 5 Reichspfennig reichskreditkassen 1940 A. Both occupation german coins with hole and swastika. However just searching on ebay I found that someone who has slabbed these coins in MS64-70 ask about 5000 dollar for this coin. So I was wondering if my grade is good enough ( will make pictures to be sure) if it is prophitable to slab the coins. But because I live in the Netherlands you have to send them to an dealer and it will cost like 50-65 euro's for each coin. Just wondering if someone knows more about this.. Best wishes, Vincent |
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Pillar of the Community
United Kingdom
856 Posts |
To be honest Vincent the only places people seem to slab coins are the USA and (more recently) Australia. I don't know about the Netherlands but in the UK few people are interested in whether a coin is slabbed. That's because most TPGS expertise is still in US coins. World coins are sometimes wrongly identified. And most collectors I know will just break open the slab anyway. Unless you think it will sell for $5000 (and remember that's an asking price, not necessarily what it sells for!) in the US, I wouldn't bother. I have coins worth a decent amount (OK, maybe not quite $5000!) but I wouldn't consider it worth slabbing any of them. Certainly not if I were thinking of selling in Europe. If your coins really are worth that much, then I expect a reputable auction house like Jean Elsen in Brussels or one of the other European auctioneers would be happy to sell them for you unslabbed. My opinions only of course! |
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Pillar of the Community
Netherlands
847 Posts |
Thanks! I don't think these coins are that much worth. The 10 en 5 reichskreditkassen coin 1940 A are the most common. But I saw that in the United states when they were slabbed get high prices. If afcoarse MS64 till MS70. That is why my question in the first place. Indeed here in Europe and UK it is quite rare if someone sells an slabbed coin. if you look at this link below even an MS62 slabbed someone wants to sell it for these prices almost 600 dollars. I get maybe if I'm lucky 75 euro-100 euro for the same coin not slabbed here in the Netherlands. Offcoarse noone would say he sells it for that ammount. Can't find the one which somone try to sell for 5000 Dollar. My examples are the same quality or better then these below. In my opinion. http://www.ebay.com/itm/UNC-PCGS-MS...em5d4da6de15http://www.ebay.com/itm/PCGS-MS-62-...em20e0727f42w |
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Pillar of the Community
United Kingdom
856 Posts |
Certainly I've heard people suggest slabbing and selling through someone like Heritage in the US to maximise profit, but there are no guarantees that would work! Might do for MS64 but EF40 .. probably not! For more realistic prices you might find CoinArchives of interest: http://www.coinarchives.com/w/resul...&results=100Tom |
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Pillar of the Community
Netherlands
847 Posts |
Thanks Tom, I was just stunned about those prices they ask on ebay for an MS64 coin. I know coinarchives and these coins from reichskreditkassen are more rare. But barely sold in the US. That is probably why they can ask so high stakes on ebay. And in the United States like stack bowers and other auctions. Most coins are slabbed then it is less worth to consign an coin which aint slabbed. |
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Pillar of the Community
United States
1156 Posts |
The "Asking Price" on ebay is not a useful indicator. Check the "Sold Listing" to see what people are actually paying. ~jack |
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Replies: 11 / Views: 2,432 |
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Posted 06/28/2014 09:23 am
