How Would You Grade This Coin? - Page 2

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Author	Replies: 18 / Views: 2,807	Page: of 2

basebal21 Bedrock of the Community 13014 Posts	Posted 03/10/2018 03:54 am Quote: Now after some time to think about it, does anyone think the grade is actually appropriate? Seems appropriate. It didn't circulate and 60 is a terrible terrible grade. Quote: First - is this even properly called a coin? No date and only a fractional image does not make it a coin in my opinion. It is a mint error, hardly a coin. It is more of a planchet than a coin. Many mint errors have no visible date. Quote: Second - even if you see it as a coin, does the Sheldon grading scale actually apply? Does the grade give any relevant information about the coin? It apparently never entered circulation because it is MS. But how would you be able to tell if it did circulate? Common sense says it never circulated. The surfaces would provide further evidence of this which is impossible to tell from pictures. Quote: wonder if PCGS gives all blank planchets an automatic MS 60 grade? The don't. Fred Weinburg is on various forums and does errors for them, he would be the one to contact for how they grade them. Quote: Doesn't a coin have to have an identifiable date to be graded? Not for errors. Plenty of off center errors have no date as another example. Report this Post to the Staff
swamperbob Pillar of the Community United States 5362 Posts	Posted 03/10/2018 05:03 am basebal21 Your answers support the PCGS position, however, do you realize that I am not referring to encapsulation and authentication but only to numerical grading using the Sheldon scale? NGC for example will authenticate and encapsulate a mint error but for weak strikes they do not issue a numerical grade. The NGC statement on "Die Adjustment Strikes" includes the following: Quote: Die adjustment strikes, as the name implies, are used to set the distance and the pressure of the dies to the planchet. In this stage of operation, there can be a noticeable lack of detail to the coin. This lack of detail will prevent the coin from being eligible for grading, although it can be readily and accurately attributed. To me this seems like a far more reasonable position. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 03/10/2018 1:41 pm Quote: do you realize that I am not referring to encapsulation and authentication but only to numerical grading using the Sheldon scale? Yes I do, and I also realize that with errors the grade is really just a ballpark which is all it was being used for here. They almost never give out 60s, they just used that as a way to say it's uncirculated. The numerical grade also indicated its not a details coin which would be important to some, but overall they're just ballpark figures not the minute grading that happens with non errors Report this Post to the Staff
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