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Full Rims

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Author Previous TopicReplies: 11 / Views: 1,431Next Topic  
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blcoinnut's Avatar
United States
189 Posts
 Posted 01/12/2008  6:23 pm Show Profile   Bookmark this topic Add blcoinnut to your friends list Get a Link to this Message Number of Subscribers
Quick question,
for a coin to be graded as a good
does it need full rims?
What if it has better devices but is lacking on rim details?
Any thoughts?
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Metalman's Avatar
United States
7123 Posts
 Posted 01/12/2008  6:31 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
can we see the coin ?

As a blanket opinion if the rim has merged with any part of the design detail the coin cannot grade Good,, that by simple definition is an AG-3 coin .

Metalman
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Bilbo's Avatar
United States
812 Posts
 Posted 01/12/2008  6:43 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
According to ANA Grading Standards, it depends on the series. Barber coinage is allowed incomplete rims on the reverse, for example.
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blcoinnut's Avatar
United States
189 Posts
 Posted 01/12/2008  6:50 pm  Show Profile   Bookmark this reply Add blcoinnut to your friends list Get a Link to this Reply
Metalman,
Its a general question,it doesn't apply to a specific coin
but here is an example of what I mean,
the rims are weak but the inner details are stronger.
What would you grade this?

Full-Rims
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Metalman's Avatar
United States
7123 Posts
 Posted 01/12/2008  7:05 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
By PCGS grading standards the coin is an borderlineG-4 ,,these standards are much more liberal than in times past . Here is partial text from the book .

the bust will be outlined and liberty readable,the date and obverse rims will show only the slightest weakness ,the leaves will show little or no seperation Reverse rims will be worn into the tops of some or all of the letters .

The old standard (and in my opinion) the more accurate the coin is an AG-3.

although
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Kabiye_Lady's Avatar
United States
581 Posts
 Posted 01/12/2008  7:11 pm  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
For Mercury's, you MUST have full rims and over half the bands showing for a VG grade
Valued Member
blcoinnut's Avatar
United States
189 Posts
 Posted 01/12/2008  7:30 pm  Show Profile   Bookmark this reply Add blcoinnut to your friends list Get a Link to this Reply
Metalman,
Can this really be an AG at PCGS because of the rims?
The ANA guide says for Good 4
Obv. "Entire design well worn with very little detail remaining.legend,stars and date are weak but visible.
Rev.eagle is worn flat but completely outlined.Top of some letters,head and motto are worn nearly smooth".
I think the coin is better than a good with the device details but is lacking in the rim,
Can the rest of the details count more than the rims and push it to a G or VG?


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Metalman's Avatar
United States
7123 Posts
 Posted 01/12/2008  7:41 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I suppose its possible that the coin could be graded better than G-4 ,,the standards are fairly hard to follow from one to the other ,,

VG-8 the bust is almost always boldly outlined and the obverse rim is usually bold ,,the leaves will be worn into each other and have little detail though the wreath is usually well outlined the reverse rims may be incomplete causing slight weakness to the upper parts of the lettering .

taken literally ,,the coin could grade G-4 with the present details ,,it would be puhing it for VG-8 but in todays market grading world its possible ,especially with the number of times "usually" is used in the standard ,,there is obvious wiggle room built into them .

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blcoinnut's Avatar
United States
189 Posts
 Posted 01/12/2008  8:16 pm  Show Profile   Bookmark this reply Add blcoinnut to your friends list Get a Link to this Reply
It seems grading was easier 20 years ago, before
certified coins came out.
Thanks for the advice, Metalman
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JimR's Avatar
United States
1490 Posts
 Posted 01/12/2008  9:49 pm  Show Profile   Bookmark this reply Add JimR to your friends list Get a Link to this Reply
I use a fifth edition (1977) ANA grading book and to me the obverse device is a G-4. The reverse device is almost a F-12 with just a little bit of feather detail not being there.

I would be surprised if this coin would come back from PCGS at AG-3 simply due to the weak rims. I would think it could very well come back as a G-6 to VG-8 and no lower than G-4.

If it came back an AG-3 I would be....well you know.
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Metalman's Avatar
United States
7123 Posts
 Posted 01/13/2008  12:07 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
These coins are an extemely high relief and much of the detail can still be present in the very low grades ,,which is one of the reasons that the rims play such a large part in the grading scheme .

Metalman

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m9frank's Avatar
United States
628 Posts
 Posted 01/13/2008  12:42 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
I'm no coin rim expert.

I am a fan of your collection! Thanks for posting it!

I'm still fumbling around with our camera, haven't made a good clear close up yet.

When I do, I'll post my collection too.

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