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Details Coin, Number Grade

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Valued Member
Lancek's Avatar
United States
442 Posts
 Posted 12/28/2019  12:05 pm Show Profile   Check Lancek's eBay Listings Bookmark this topic Add Lancek to your friends list Get a Link to this Message Number of Subscribers

Why do the big two refuse to give a number grade to a details coin? If ANACS is able to do it, why don't they?

I don't get as hung up as many collectors on "details" coins. Especially if the eye appeal is still nice and I get it for a good price. I bought an 1855 gold dollar graded "AU damaged" by PCGS. Online pics I couldn't see any damage. Even when I got the coin is hand, I could only see a small spot. It wasn't until I went up to 20x that I could see the spot was a tiny pin prick with a slight raised surface.

So why does something you can't even see with the naked eye make it "impossible" for PCGS or NGC to tell me if it's a "damaged 50" or a "damaged 58". Because even "damaged" I think the value changes a lot between that range. I don't really care for me, I can tell it's close to a 58. And I don't plan on selling it. But someday when I leave it to my kid, it would be nice for her to easily see what actual grade it is if she does sell it.

I also bought a 1917 Standing lib type 1 at that same auction. Ungraded. Lovely toning that really makes the details pop. It has great eye appeal to me. Probably mid to high AU. But I'm worried that under the toning is an old cleaning that I can't see but a pro might. If I send it in, it will be to ANACS. Because if I spend money on an experts opinion, I think they should be able to tell the differences between a 53, 55 or 58. Even if it has been cleaned.
Valued Member
United States
272 Posts
 Posted 12/28/2019  4:39 pm  Show Profile   Bookmark this reply Add muddyknuckles to your friends list Get a Link to this Reply
Lancek as far as these details and old cleanings I guess I am in the same boat about how I feel about them. Images of your coins would help a lot the members here should be able to tell you if your ty 1 was cleaned at any point in time. Sharp clear images of only the coin in question. my guess is if you want to compete you have to pay the big bucks for the nice coins as far as details go I personally don't get hung up on it so much as long as it doesn't visually distract from the eye appeal of the coin.
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kanga's Avatar
United States
5825 Posts
 Posted 01/01/2020  1:13 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
When I buy a DETAILS coin (I've only bought one) I just need a general grade such as "AU Details".
I don't need anything more specific than that.
Then I look it up as an AU-50 and start with 50% of that value as a guide.
I won't go higher than that.

The one that I bought was labeled NGC "AU Details" and I paid about one-third of its AU-50 value.
Valued Member
Lancek's Avatar
United States
442 Posts
 Posted 01/02/2020  3:04 pm  Show Profile   Check Lancek's eBay Listings Bookmark this reply Add Lancek to your friends list Get a Link to this Reply
Kanga, your 50% rule of thumb may work for you, but it would not work for me. I buy a wide variety of coins. In some cases I would not even pay as much as 50% for a details grade. In others, I would be willing to pay more.

I like $1 modern commemoratives. Next on my list is a 2001 Buffalo. Current retail around $100. But if I saw a PCGS Unc details cleaned, I wouldn't pay more than melt for it. Which is less than 20% of retail.

I also like US classics. I recently bought a 1835 Half Cent. VF-XF. Prior to getting in to coin collecting, I didn't know the US even made Half Cents. So I'd wanted one for a while. But not so much that I wanted to pay $200+ for a graded AU-MS one. I just like having it around to fill out the type, and show to friends. It doesn't look cleaned. But even if it was I'd be willing to spend 70% to 80% of what an uncleaned one would be. Think of the life of a circulated coin. Especially one that got as much use as a penny. Let's say back in 1840 somebody dropped in in the mud while getting something out of their pocket. And the used their handkerchief to wipe it off before putting it back in their pocket. Maybe they wiped it hard enough to leave hairlines that a TPG could detect, maybe they didn't. But should that really drop todays value by half?

I also collect a lot of foreign coins. And many foreign collectors do not have the same hangups about cleaned coins that US collectors do. One of my favorite coins in my collection is an 1840 Germany/Prussia 6 Kruezer with what I think is a die break. Sent it to NGC for error attribution. Came back Unc details. Didn't really care. Knowing that many, if not most, foreign coins 100+ years old have been cleaned. So I'd be fine paying 80% to 90% of what I would pay for an uncleaned one.

But back to my original point. It bothers be that NGC didn't put a 60 or a 61 on it. I can't be an expert grader on ever foreign coin I have. Especially since the grading scale many foreign countries use is different. And there isn't anything like the PCGS photograde for foreign coins. In hind sight I wish I had sent it to ANACS. Since they might have put a number grade on it, and I've heard that they are better at attributing errors. But I've also heard they outsource their foreign coins. So I worry that there is a greater chance of things getting lost. I'm tempted to cross it the next time I send something to ANACS.


Details-Coin,-Number-Grade
Details-Coin,-Number-Grade
Details-Coin,-Number-Grade
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basebal21's Avatar
13014 Posts
 Posted 01/02/2020  5:27 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
But back to my original point. It bothers be that NGC didn't put a 60 or a 61 on it.


None of them will. Even ANACS and ICG every single MS details coins will get a grade of 60 and nothing higher.
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