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On To The Year 1933 To See Mr Lincoln

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nohope587's Avatar
United States
5953 Posts
 Posted 12/17/2005  08:59 am Show Profile   Bookmark this topic Add nohope587 to your friends list Get a Link to this Message Number of Subscribers
Ok now I am back to the real me none of this mr nice guy grading from the 32. I think this is a solid MS63 what say you?


On-To-The-Year-1933-To-See-Mr-Lincoln
On-To-The-Year-1933-To-See-Mr-Lincoln
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United States
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 Posted 12/17/2005  10:00 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
I cannot see this in a 63 holder. The color is nice, but way too many hits on the rim, a few too many hits on the cheek, chin, and forehead. The reverse also has a few distracting marks, below the stems, rim, and the wheat stalk on the right side.

Now I am sure that there will be many dealers who could put this in a 2x2 and sell it at a 63, but if you were to submit this coin to PCGS or NGC, I think that you would be disappointed.
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nohope587's Avatar
United States
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 Posted 12/17/2005  11:23 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
Just when I think I have it right.... Oh well back tot he books and more practice practice practice....
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ageka's Avatar
Belgium
2078 Posts
 Posted 12/17/2005  2:09 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Nohope
I know nothing whatsoever about coppers but my friend buys and slabs them and knows his coppers
I will ask his opinion because I would have gone to MS 63 or higher on this coin
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 Posted 12/17/2005  3:13 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
quote:
Originally posted by nohope587
Oh well back tot he books and more practice practice practice....



Exactly. That is the only secret to success. I see many thousands of coins each year. It takes quite an effort to "see" the coin. Most give the coin an overview, and end their thought there. The grading companies take quite a few factors into consideration.

1. Overall appearance.
2. Strike
3. Rim hits
4. Bag marks - scratches
5. Luster breaks
6. Spots
7. Other imperfections
8. Overall eye appeal

The key areas are focused on the obverse design, and directly in front of the image. With bust images this area is directly in view of which way the images faces. Any hit in this area is counted, while hits behind the image get less attention.
On the reverse, more attention is placed on the devices than the fields. (for the most part). With large fields such as the Wheat cent, nicks and hits can distract your attention. This kills the grade fast.

On all Mint State coins, the focus is on overall eye appeal. With this Lincoln Cent, there are many hits on the rim, and that draws your eye away from the devices.
Some of the legend "In God We Trust" looks very beat up. This could have happened in the striking process, but from the pics, it looks like it got beat up in the bag.

As I said earlier, many a dealer could sell this coin as a 63, but I truly believe that you would see a 60 or 61 from NGC or PCGS.
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nohope587's Avatar
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 Posted 12/17/2005  4:08 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
Thanks ND another ten or fifteen years and I may be willing to buy a high grade raw coin based on my own grading skills. The two marks below the stalk seem to be raised when I look at the coin through a loop. This would indicate a problem with the die I think.
Either way for me the Number "8. Overall eye appeal" Is my intial reaction to this coin and I think caused me to be a little less concerned with the flaws. I will try to be a little more objective..
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Metalman's Avatar
United States
7123 Posts
 Posted 12/17/2005  4:28 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
MS-62 on this coin, this grade allows for the eye appeal of the coin it has really good color practically full red, I also saw the lines on the reverse as raised in the pic, making the reverse quite nice.

a couple of less hits on the cheek and this coin would be a hard 63 IMHO,,

Rick
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ageka's Avatar
Belgium
2078 Posts
 Posted 12/18/2005  09:44 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Well this might be worth submitting to NGC
My friend thinks MS 63 RD minimum

His main objection is that " the face has a few dings "
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nohope587's Avatar
United States
5953 Posts
 Posted 12/18/2005  10:15 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I may send this one off just to see. After looking at it through a loop I can see what ND is talking about but its oh so pretty up close and personal. If I win $20 or more on Lotto Scratch cards today its off to be graded even if I crack it out when it comes back. If not it will go back home to the Dansco.
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 Posted 12/19/2005  10:09 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
ageka makes a good point. Submitting coins to a particular grading company can help quite a bit. When you see their grades, you can once again look at the coin and "see" what they see. I learned this lesson many times over the years. Each service has their own way of looking at a coin. It takes quite a bit to learn, but is well worth the effort.

I can now pick coins in a given holder, and have a 99% idea of what NGC will grade the coin. Same goes for PCGS and Anacs. For this coin, I see a MS-61 in a NGC holder while PCGS would grade it 60.

I think Anacs would also holder the coin at 61.
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 Posted 12/19/2005  10:11 am  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
One more consideration. In a 63 holder this coin has a CDN bid of $18 and a ask value of $20.00

So, if the coin matches well with your other coins, do not worry about grading the coin.
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zakgold's Avatar
United States
382 Posts
 Posted 12/29/2005  8:50 pm  Show Profile   Bookmark this reply Add zakgold to your friends list Get a Link to this Reply
Have to buck the trend. That's a MS64 (strong) to 65RD. I have enough MS65's in both PCGS and NGC holders, my gut was a 65 when I first saw it.

Barely noticable blemishes, Red luster looks really good, a few small contact marks that I can see in the photo, some light scuff marks in the high points.
Edited by zakgold
12/29/2005 8:54 pm
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