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How Would One Grade A 2006 Magnetic No-P Cent?

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Valued Member
wolfman-11's Avatar
Canada
372 Posts
 Posted 11/24/2014  11:42 pm Show Profile   Bookmark this topic Add wolfman-11 to your friends list Get a Link to this Message Number of Subscribers
As I am learning, grading can be very subjective. I see that a grimy old coin with sharp detail can grade higher than a visually appealing one with slight wear.

I have a couple 2006 no -p magnetic to trade, but I wonder how to put a fair market value.
I see coins and Canada still puts them in the $50 range for AU 50 and ebay sales backs that up. They do not have a guide for grading pennies newer than 1964.

For older coins though they offer this definition

Quote:
AU-50

Most of the details are present. There are signs of wear in a few places, including on the eyebrow.

MS-60

Coins in this grade are in mint condition and free of any wear.

On the CCF site for Lincoln cents to 2008 I see this indication.

Quote:
AU50 About Uncirculated
- Slight wear on Lincoln's cheek and jaw.
MS60 Uncirculated
- No trace of wear. Light blemishes or discoloration.

At yet another place I found this

Quote:
Grading circulated coins involves looking at just the coin's wear. Grading uncirculated coins brings in other factors such as lustre, surfaces and strike.


The coins I have show no wear on the queen's face, but they do have some discolouration due to handling as well as minor scratches in the field from circulation.
By one guide they could be MS, but by another they could still be better than AU. Can anyone shed some light, or maybe point me to a page with more information on grading newer cents ?

Pillar of the Community
United States
589 Posts
 Posted 11/25/2014  12:11 am  Show Profile   Bookmark this reply Add Groszy to your friends list Get a Link to this Reply
Discoloration and scratches don't (in my opinion) create AU, only actual wear creates anything lower than Unc. So, if your coins don't show any signs of actual wear (as in parts of detail showing actual loss of metal), they're unc. See the Lincoln definition (AU has metal loss, Unc doesn't)
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