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Grading Liberty V Nickel

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Author Previous TopicReplies: 7 / Views: 1,259Next Topic  
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mklpatrick's Avatar
United States
580 Posts
 Posted 06/30/2008  7:16 pm Show Profile   Bookmark this topic Add mklpatrick to your friends list Get a Link to this Message Number of Subscribers
I gather that this one is about F12. Thoughts?
Also, what do you make of the marks moving across the face of the coin? Does this indicate a previous cleaning?

Image: Grading-Liberty-V-Nickel lib.jpg
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noah123's Avatar
United States
24 Posts
 Posted 06/30/2008  7:21 pm  Show Profile   Bookmark this reply Add noah123 to your friends list Get a Link to this Reply
G6
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okie-colin's Avatar
United States
1083 Posts
 Posted 06/30/2008  7:48 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
I agree it has F-12 details, but it has been heavily damged by an abrasive cleaning. If not already purchased, I would pass it by.
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mklpatrick's Avatar
United States
580 Posts
 Posted 06/30/2008  7:52 pm  Show Profile   Bookmark this reply Add mklpatrick to your friends list Get a Link to this Reply
Yeah, I already decided to pass on it. I assume that abrasive cleaning like that will normally knock it down 4 to 6 points on a grading scale in that range?
That is what I am still trying to figure out in my grading practice!
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Coinwhiz1776's Avatar
United States
100 Posts
 Posted 06/30/2008  8:44 pm  Show Profile   Bookmark this reply Add Coinwhiz1776 to your friends list Get a Link to this Reply
That looks cleaned to me so I think you did the right thing in passing it on. Without those scratches, however, I would grade it a F-12
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Bilbo's Avatar
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812 Posts
 Posted 06/30/2008  9:29 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
Solid F-15 details.

Some collectors "net grade" coins for problems, some give a "details" grade and describe the problems.

I prefer the latter. Consider 1912-S and 1894 Liberty nickels, both with F-12 details and the exact same "problems." A net grade of G-4 reduces the value of the 12-S by around 40% and the 94 by over 80%.

My opinion is that coins from the same series in the same grade with the same problems should have their values affected approximately the same by those problems.
Edited by Bilbo
06/30/2008 9:34 pm
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vermontensium's Avatar
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16677 Posts
 Posted 06/30/2008  9:35 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
F12 cleaned. LIBERTY is all there otherwise, VG10.
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hunter20ga's Avatar
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1173 Posts
 Posted 06/30/2008  9:45 pm  Show Profile   Bookmark this reply Add hunter20ga to your friends list Get a Link to this Reply
Without seeing both sides of the coin, it is harder to tell the grade. I agree that it has been cleaned. I would posit that the depth of the "I" in Liberty and the amount of detail in the hair and some stars would argue for VF details, but probably not enough to go EF. Seeing the reverse of the coin could help. Strikes on Liberty nickles are often uneven; the minting process was not as advanced as today, and nickel alloy is much harder than silver or copper metal used in coins of the day.

Edited by hunter20ga
06/30/2008 9:47 pm
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