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Replies: 13 / Views: 1,207 |
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Pillar of the Community
United States
1582 Posts |
I've got a teeniney bit of a problem with this coin. I don't know how to grade coins with corrosion or porosity on the surface. Although it doesn't show so well in a scan, in hand, the feathers (and tips) are full, the diamonds are there, nice detail in the hair, but the entire surface of the coin is porous. It's not so bad that it has eaten parts of the details away, but it's still there. If this were your coin, what grade would you assign it, and how would you list it on your spreadsheet? I appreciate any help you can give me on this one. Ralph   http://www.coincommunity.com/forum/...9IHCRev.jpg" border="0" style='cursor:default' onClick='doimage(this,event)'>
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Pillar of the Community
 United States
1582 Posts |
Oops! Did something wrong - heres the other half. 
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Rest in Peace
United States
5375 Posts |
VF-30 from the pictures, maybe XF from your description
Great find!
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Moderator
 United States
16679 Posts |
Looks like this coin did not spend too much time in commerce. Has some really nice detail remaining. I would say XF possible AU prior to being lost. If I had to grade, I'd say XF details,corroded. Nice coin!
swcoin.ecrater.com
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Valued Member
United States
357 Posts |
 XF+ TO AU Prior to it being buried or lost in a damp place
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Pillar of the Community
United States
5318 Posts |
 and well-struck too! Have you put the coin through any cleaning processes? I wish I could accurately comment on current grade.
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Pillar of the Community
United States
2602 Posts |
I think this is a VF coin, NOT EF. Too much feather detail is gone and the 4 diamonds are not all visible.
Nice pick-up/dig-up!
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Pillar of the Community
United States
5318 Posts |
Quote: I think this is a VF coin, NOT EF. As a general FYI on IHC grading--Rick Snow, who is basically the recognized IHC expert, defines the difference between VF and EF by separation of the lower hair curl from the ribbon at the high point. Here's a very good guide on IHC grading by Rick Snow. On this coin, clearly there's hair-ribbon separation to merit an EF40 or higher-- if the coin wasn't corroded.
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Pillar of the Community
United States
812 Posts |
My spreadsheet has a column for grade and a column for notes. I'd list "EF-40" for grade and "corroded (-xx%)" for notes. I think the percentage I'd list would be either 50% or 75%, depending what my research on what similarly corroded EF Indian cents sell for determined. Some prefer to figure out what the value of the coin is, then net-grade accordingly. I prefer a technical grade, with a description of the problem and inclusion of the value "discount."
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Pillar of the Community
United States
2602 Posts |
Thanks for the guide, Kurt. Looks like I was too harsh a grader. Also means my IHCs are worth a lot more than I thought they were!
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Pillar of the Community
United States
5318 Posts |
Harsh is often better than too lenient, and with this coin grade is open for debate, imo  I'm not even sure what Rick Snow would grade here. Good news for your IHCs. 
Edited by KurtS 10/28/2008 1:14 pm
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Pillar of the Community
 United States
1582 Posts |
I've been away for a couple of days, and just getting back to the computer. Thanks KurtS for the info to Rick Snow's guide. I was thinking XF-40 with corrosion, but, if I read correctly, coins with corrosion are to be avoided, so I guess this one isn't all that desirable because of it's condition. A point of interest - although it doesn't show in the scan, the bottom of the ribbon ends below the know show doubling - not apparent elsewhere on the coin - only there. I thought that rather unusual. Bilbo, I created my own spreadsheet using QuatroPro, and also have those columns. Thanks for the suggestion. And thanks to all for your input.
Ralph
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Pillar of the Community
United States
5318 Posts |
I see those marks often at the ribbon end, particularly on earlier coins. I believe they are "Longacre outlines" which are marks left by the die tools--a shoulder on the punch that left impressions around the portrait and lettering. It's often mistaken for doubled dies on the letters.
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Pillar of the Community
 United States
1582 Posts |
Never heard of "Longacre outlines" - good thing to know though. Thanks. Never even considered doubled dies as that's the only place on the coin where the extra lines appear.
Ralph
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Replies: 13 / Views: 1,207 |
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