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Modern Coin Grading

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19 Posts
 Posted 01/08/2016  3:22 pm Show Profile   Bookmark this topic Add cadre to your friends list Get a Link to this Message Number of Subscribers
Does anyone have a reference to grade modern Canadian coins (for example loonies)? Most of the ones I've seen have been for 1967 and earlier. Is there just not a lot of interest in modern coins from a grading perspective?
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trimble's Avatar
Canada
299 Posts
 Posted 01/08/2016  4:01 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
Canadian Coin News put out trends for modern coins every now and again. I think lots of people collect modern graded coins, I do. :)
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pocket change 50's Avatar
Canada
1751 Posts
 Posted 01/08/2016  5:05 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Colonial Acres has a guide to grading Canadian coins. Released 2015, and its on sale under their blow out category. I would think a recent release would have info on the modern coins. Its worth checking out.
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 Posted 01/08/2016  5:20 pm  Show Profile   Bookmark this reply Add cadre to your friends list Get a Link to this Reply
pocket change: Thanks for the heads up. Unfortunately it appears to only go up to 1967. It does sound promising for those wanting a grading reference for older coins.
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chequer's Avatar
Canada
4227 Posts
 Posted 01/08/2016  5:21 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply

Quote:
Colonial Acres has a guide to grading Canadian coins. Released 2015, and its on sale under their blow out category. I would think a recent release would have info on the modern coins. Its worth checking out.


This one?

http://www.colonialacres.com/produc...-1st-ed-2015

There's no section for modern coins (nothing past '89 in lower denominations and earlier for higher).
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Canada
9865 Posts
 Posted 01/09/2016  12:56 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The Standard Grading Guide For Canadian & Colonial Decimal Coins includes modern coins, though it only gives the points of wear.
It's also available at CA http://www.colonialacres.com/produc...rike-through
There are so few modern coins which have any value in circulated grades that a comprehensive grading guide is of little use.
If you are looking for a guide to grade MS loonies, it doesn't exist. Grading of MS coins is not something you can learn from a guide.
"Dipping" is not considered cleaning...
-from PCGS website
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19 Posts
 Posted 01/09/2016  11:41 am  Show Profile   Bookmark this reply Add cadre to your friends list Get a Link to this Reply
Maybe grading isn't quite what I'm looking for then. I'm putting together a collection of coins from coin roll hunting and I guess am looking for pointers of what to look for in determining what should make it into my collection. Should I look more for the coin with the least dings and scratches, strength of strike, eye appeal. How do I determine which is the better coin? Some amount of it is likely subjective and personal preference I suppose.
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Canada
2845 Posts
 Posted 01/09/2016  12:21 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Unless the coin comes from an unbroken mint roll, coins from bank rolls have already been put into circulation, recycled into rolls, and are valued at face (other than certain varieties) therefore what you consider to be in the best condition is your preference. You're definitely looking for high lustre - the least worn. You might want to wear cotton gloves and give the coins a quick dip in acetone because the damage from fingerpnts/general circulation seems sometimes does not appear immediately. Have you chosen some sort of album or use of 2x2s for storage? Have fun!
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kuh_85's Avatar
Canada
2366 Posts
 Posted 01/09/2016  1:19 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
For the price of a book, you may want to just pick up a couple in ICCS or CCCS flips for comparison purposes?
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Canada
2845 Posts
 Posted 01/09/2016  2:19 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Good advice, first hand comparison purposes by having an actual sample in hand as opposed to pictures or descriptions in book is far more helpful. That's exactly the reason why I've purchased reasonably priced graded coin in specific grades from time to time.
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 Posted 01/09/2016  9:36 pm  Show Profile   Bookmark this reply Add cadre to your friends list Get a Link to this Reply
Thank you for the advice. I will keep an eye out for some coins in flips as a grading reference.

wildflower: Does the acetone impact the coin at all? For storage I'm currently using 2x2s placed into plastic binder sheets.
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Canada
2845 Posts
 Posted 01/09/2016  9:49 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
The use of acetone is a coin bath simply to remove contaminants from being handled, particularly useful for circulated coin.

Here's a helpful thread, although there are many others as well:

https://goccf.com/t/231911
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19 Posts
 Posted 01/11/2016  2:50 pm  Show Profile   Bookmark this reply Add cadre to your friends list Get a Link to this Reply
Thank you wildflower. I will have to give it a try.
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Canada
2845 Posts
 Posted 01/11/2016  3:27 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Good luck! While it's heavily emphasized NOT to clean coins in general, those with much more experience than I in the hobby have reassured others time and time again that an acetone bath in not considered cleaning. It simply removes grub and grime from the surface without any scrubbing, even that what might be undetectable to the naked eye. Remove with tongs or tweezers and lay them on a clean cloth, flip over and allow to completely air dry which only takes minutes. Particularly for coin picked from circulation, it serves a very good purpose and usually can be found in the hardware/paint dept of any dept store.
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Canada
5589 Posts
 Posted 01/11/2016  3:37 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Acetone CAN impart visible changes to the patina or surface color of a coin, depending upon the alloy. You must be very very careful when using any ourside agent and acetone requires you not breathe much of it as well. Acetone is best for removing preliminary PVC "greenie" from your coin and will remove most oils. It also can leave the surface dull or with a slight whitish film. Always rinse ANY cleaner with distilled water bath after.
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Canada
2845 Posts
 Posted 01/11/2016  4:14 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Okiecoiner, would an acetone bath harm steel coins that are picked from roll hunting? But yes, that following the safety instructions on the can is important.

I know the jury's still out on copper pennies......

And just one disclaimer as well, don't bath any colonized coins in acetone as it will most likely remove the paint (acetone is an ingredient in finger nail polish remover).
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