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1964 P Imc... Nice To Look At. Good Grade?

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killians76's Avatar
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986 Posts
 Posted 08/31/2018  5:45 pm Show Profile   Bookmark this topic Add killians76 to your friends list Get a Link to this Message Number of Subscribers
1 of about 40 reds in the last 2 days. What do ya think?
1964-P-Imc...-Nice-To-Look-At.-Good-Grade?
1964-P-Imc...-Nice-To-Look-At.-Good-Grade?
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Coinfrog's Avatar
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94367 Posts
 Posted 08/31/2018  5:56 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Some of the field areas are shadowed, so I'll go with 63RD.
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USSID18's Avatar
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 Posted 08/31/2018  5:56 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
What do you mean 1 of about 40 reds in the last 2 days? Did you buy a roll?
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Crazyb0's Avatar
10197 Posts
 Posted 08/31/2018  6:01 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Appears to have been in long term storage. Has a few rim dings and rim discolorazation, chatter (coin contact scrapes) in fields, hits on rim edges end coat, hair...i will for those here who hate us purists, since you didn't state the source, give it an MS62. If it came out of a CRH bank roll of different dates, that is another matter, it is circulated and personally, no circulated coin has escaped a human hand, some where or time... That means it can't get a rating of "uncirculated MS", impossible.




Let the "battle" begin...
Edited by Crazyb0
08/31/2018 6:04 pm
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killians76's Avatar
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986 Posts
 Posted 08/31/2018  6:25 pm  Show Profile   Bookmark this reply Add killians76 to your friends list Get a Link to this Reply
No. Just stopped in at the bank and got some rolls. At least 2 per roll and I'm headed back Monday to get more. Hopefully my streak will remain. Lol
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USSID18's Avatar
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 Posted 08/31/2018  6:27 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
Appears to have been in long term storage. Has a few rim dings and rim discolorazation, chatter (coin contact scrapes) in fields, hits on rim edges end coat, hair...i will for those here who hate us purists, since you didn't state the source, give it an MS62. If it came out of a CRH bank roll of different dates, that is another matter, it is circulated and personally, no circulated coin has escaped a human hand, some where or time...



Quote:
That means it can't get a rating of "uncirculated MS", impossible.



Quote:



Let the "battle" begin...


Someone is lying!
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killians76's Avatar
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 Posted 08/31/2018  6:39 pm  Show Profile   Bookmark this reply Add killians76 to your friends list Get a Link to this Reply
Sorry guys. Not catching your lingo. Why is the battle beginning ? All that I found are different dates, pretty much.
Edited by killians76
08/31/2018 6:44 pm
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USSID18's Avatar
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 Posted 08/31/2018  6:49 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
No. Just stopped in at the bank and got some rolls. At least 2 per roll and I'm headed back Monday to get more. Hopefully my streak will remain. Lol


Thanks for feedback and explanation.
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USSID18's Avatar
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 Posted 08/31/2018  6:56 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
Sorry guys. Not catching your lingo. Why is the battle beginning?


No worries killians76. I'll take care of Crazyb0 for you!
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spru's Avatar
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 Posted 08/31/2018  6:57 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
Not catching your lingo. Why is the battle beginning ?


They are talking about whether a coin found in circulation can technically grade Mint State or not. Some think so, some don't.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
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Coinfrog's Avatar
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 Posted 08/31/2018  7:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Like two stags on a cliff, lowering their antlers at each other.
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Crazyb0's Avatar
10197 Posts
 Posted 08/31/2018  7:23 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Killian76, I will elaborate. I am a coin purist when it comes to grading. That means I have a set delineation of what constitutes a circulated coin as contrasted to a Mint State graded as Mint issued. There may be a fine line there, everyone must choose what ad where the division is. I maintain that once a coin has left the mint, whether on roll, bag or plastic, then comes into the circulation world to be handled by at least one human set of hands, it then is seen to be crossing "the berm" (War term...).

By defining your source as wrapped bank rolls with miscellaneous dates, that puts those coins by basic usage as a circulated coin, even if it has all luster and few marks. Accurately graded coins must reflect all aspects of a coins state as well as provenance (where it came from and how).

Transport, storage, coin contact all have to be taken into account. In 1964 coins were sent in 10,000 coin canvas bags to be distributed by Federal Reserve banks/affiliates. These then sent the bags, or rolls then to all the banks within their region. These rolls contained the same date/MM coins. This then entered at this point the circulation stream. Enter in human contact(skin oils etc.) and other sorting means, other storage mediums, air, pollutants, you name it at that stage. Now true, your coin may have come from Grandma's jar, put up in '65, bit it's still a circulated coin and by right, can be called "almost uncircilated" bit not "mint state".

This is how I treat all my coins. I too have come across nice ones like yours many times. They are ALL AU58+,but never will I call them MS-XX. I own true OBW rolls, that which came from Fed distribution bags, and have rolls of "mixed date AUs, that came from various sources, even suspect OBWs.

you make up your own mind about this, you will over time, but us old farts have to have some issue to poke at one another! It's like the "penny" or "cent" debate, it is a personal preference, not industry rule.

Edited by Crazyb0
08/31/2018 7:37 pm
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Mark1959's Avatar
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 Posted 08/31/2018  7:44 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
OH, I get it killians red -


1964-P-Imc...-Nice-To-Look-At.-Good-Grade?
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killians76's Avatar
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 Posted 08/31/2018  9:00 pm  Show Profile   Bookmark this reply Add killians76 to your friends list Get a Link to this Reply
Mark1959, you nailed it...crazyb0.. thanks for the explanation. I get where yall were coming from now. I am on the fence about the AU and the MS., NOW ANYWAY,I can see both views. Once again thanks.
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BadThad's Avatar
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 Posted 09/01/2018  12:31 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
63RD
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T-BOP's Avatar
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 Posted 09/01/2018  3:07 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Well I'm just sitting on a fence . You can say I have no
*Cents* . Anyway that 64 looks pretty darn nice but you did find it CRH'ing . So I have to agree with Crazy . my call : AU-58+ .
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