Rim Dings? - Coin Community Forum

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Author	Replies: 7 / Views: 2,461
Osiris Valued Member Canada 118 Posts	Posted 08/26/2014 12:19 pm In your considered opinions, how much does a rim ding affect the value of a coin? For sake of argument, say it's a single knick that is only visible from one side of the coin. a. One full grade deduction; b. Half a grade deduction; c. Very little value difference, as the fields and stampings are more relevant; d. None of the above, let me explain... Report this Post to the Staff

SHAFTA9a Bedrock of the Community Canada 10743 Posts	Posted 08/26/2014 3:16 pm Well.. IMO, a rim ding takes the eye appeal away from the coin unless it is very small, you can have an uncirculated coin but, if it has a rim ding it lowers the value. Report this Post to the Staff
AgCoinAu Pillar of the Community Canada 3049 Posts	Posted 08/26/2014 3:48 pm This would be my opinion with a rim ding.. #1) Is it so noticable that it becomes unappealing to the eye? If so .. just pass and wait for a better example to come along. #2) If it's not so noticable what would the grade of the coin be with out the rim ding? - Take that grade... deduct 5 points.. and that may ball park the value.. eg. If the coin would grade AU 50... (subtract 5) and now for value top end may be around the EF 45 range... Each coin is case by case scenario but that would be about the LEAST I would deduct from the coin.. if the ding held a scratch that carried on into the fields.. well I may take off a few more points.. Report this Post to the Staff
colonialtokens Pillar of the Community United States 840 Posts	Posted 08/26/2014 4:09 pm The rarity of the coin must also be considered. A few dings on a 1921 half dollar is still a rare and pricey coin. Whereas on common coins, bullion is still bullion. Dings are more of a concern on mid-range collectable coins. doug Report this Post to the Staff
Harmonica Pillar of the Community Canada 1118 Posts	Posted 08/27/2014 7:08 pm The OP asked about how it would effect value and then asks about grading? I suppose value and grading go together as condition is important but the rarity should not be considered in the grade. If you had a 1921 fish scale you wouldn't rate an au50 a ms60 just because it is rarer. Report this Post to the Staff
AgCoinAu Pillar of the Community Canada 3049 Posts	Posted 08/27/2014 10:09 pm I don't think that was the point at all Harmonica... When colonial tokens was saying that rarity plays a factor in the rim ding of a coin is how available a coin could be... For example.. If I were to look at getting a 1949 half dollar with a rim ding... I'm now not REALLY going to want it for my "show off" collecting if it has a rim ding.. so I may try to pick it up for around melt if so.. GREAT! On the other hand if a 1921 half dollar comes my way.... I'm going to over look the fact that it has a rim ding.. (Heck I may not care if the dealer carried it to the show up his butt!!) I don't have a 1921 half... I would LOVE to have one in my collection.. but because of it's rarity... it may have to have a more than a few rim dings and have been up more than a few dealers butts for it to ever even be in my price range! Long and short.. if it's a really rare coin... you over look some imperfections and still pay pretty good dollar for 'em ... because if you don't someone else will.. Report this Post to the Staff
colonialtokens Pillar of the Community United States 840 Posts	Posted 08/27/2014 11:08 pm Now to open up another can of worms. Perchance you own a ICCS MS 65 1921 Half Dollar. What grade would it be if you had a jeweler drill a small hole in it. Does it now become a cull or or a damaged MS 65. doug Report this Post to the Staff
DBM Pillar of the Community Canada 9863 Posts	Posted 08/27/2014 11:55 pm Both "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
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