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Replies: 20 / Views: 3,585 |
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Valued Member
Japan
294 Posts |
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Moderator
 United States
56855 Posts |
I'm not good at grading, that said 65 66 tops. Also don't need to post double photos,it takes up space. John1 
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Pillar of the Community
 United States
2340 Posts |
I'd give it a 65...couple too many nicks on the reverse (arm of drummer boy) and the front of the rim on the drum is a little soft. Pretty nice 1/4 smat
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
 Japan
294 Posts |
It takes up space? Sorry about that, don't know how that works.
I figured different angles would help show the luster
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Valued Member
 Japan
294 Posts |
And just wondering how this could be a 68? There's not only two gashes on the arm but nicks all over the arms, hat, drum.. Saying mine is a "65" seems shocking to me if I compare it to the 68's I see on coinfacts, from which I could gather this to be a 67 at least. Is there something I'm missing? Thanks!  
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Pillar of the Community
 United States
2340 Posts |
As far as the 68 goes...I know/see what you mean. I wonder if those people still work there? or if they knew who's 1/4 it was? or something else...? I have 5 (special to me) 76 D's from a unc roll that I plan on sending in. If that's a 68...I should get a 72 lol I plan on sending them in (imo) lowest likelihood to best order...hoping to get 1 in 67...and I'll probably get all 65's lol was going to attach some pics...but didn't want to hijack your thread. Grading is not for the faint of heart...it's so subjective. I also believe graders are aware of magic numbers and are less likely to hand them out for fear of flooding the market causing a rapid drop in coin values...but we'll keep sending them in hoping for that number. TC smat ps...you still have a beauty there
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Bedrock of the Community
United States
10038 Posts |
Here is exactly how things like this happen: http://goccf.com/t/346174#2967242 There are a lot of people who put absolute faith in these companies without doing the homework. Slabs look great and are fun to collect, but be aware of the above and the following. The facts speak for themselves and, as stated in the link, are not hard to find. Grading companies give their opinions. It is not a verifiable scientific grade they assign. They, themselves, state grading is an art and not a science. When they tried to make it scientific in the 90s by using a laser scanning system with computer, most people did not yet have home computers and so were not part of the mindset we now have of totally trusting computers. So the system flopped. While its way past time they COULD implement such a system with verifiable accuracy, they likely won't do it anytime soon. It would be a bad business move. Their present system keeps people paying them for their service in hopes of getting a great grade (hence higher profits when selling). A coin broken out and resubmitted is never guaranteed the same grade again. And if you read the lauded guarantee (for example on the PCGS website: https://www.PCGS.com/guarantee) of their product, you will find the guarantee is only that the coins they slab are not fakes and that the coin was graded "shall be graded in accordance with the PCGS grading standards and under the procedures of PCGS." It has nothing to do with the grade they assign itself. They also guarantee if you think its been over graded, they will re-do it for you. "Yes...my MS70 should only be an MS68 and not worth thousands more b/c its not in that god of a shape - would you grade it down for me please?" Uh-huh. BTW - they will buy the under graded coin at "market value" as defined by PCGS which is stated as being current dealer replacement value - also determined by them. So its a crap shoot when you send something in for submission. Get a day with graders who have personal opinions that assign higher numbers and you get the "MS 68" you posted a picture of. Get a day where graders opinions give lower numbers, and you end up not being as happy. This is why CCF has a saying of, "Buy the coin and not the slab." Extra at no cost - an excellent essay by a now deceased, and missed, member: http://goccf.com/t/130186
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Bedrock of the Community
United States
19187 Posts |
Nice coin. Nice toning. Strong MS66 for me.
Earle42 nails it.
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Pillar of the Community
Canada
857 Posts |
Earle42 nailed it.
Personally I would grade ms-65 +
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Pillar of the Community
United States
3207 Posts |
the fields are very nice on your coin, I'd give it a 67
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Valued Member
 Japan
294 Posts |
I thought so too, Nick. It seemed more distracting in its niceness then it did in its damage imo. If we look for dings, we're gonna find them on every coin, even the 67s and 68s. But I thought this one was rather distractingly nice
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Valued Member
 Japan
294 Posts |
Smat and Earle thank you for the informative comments. It allowed me to reflect quite a bit on the topic, and it seems well worth studying about.
If it is true what is being said here about companies "not wanting to flood the market with high grades", that is absolutely reprehensible and wouldn't justify leading people on with promises of "accurate" and "professional" grading. The FTC certainly wouldn't raise only an eyebrow if these ethics were proven true (again I say, IF true).
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Valued Member
 Japan
294 Posts |
That being said, and just like you said Earle, why would they change a system that they have benefitted from for years now?
One advantage that we have is that there isn't a complete monopoly on the business yet. There is still competition, so as long as people use platforms like this to expose which company appears more likely to take advantage of consumer confidence, a rating system could be established that affects the reputation and income of these companies in a huge way. It just depends on how well and how organized we go about doing so. If we just continue to question their behavior with no action, then of course they'll just keep doing what they're doing. Fredrick Douglass said it best: "Power concedes nothing without a demand. It never did and it never will".
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Pillar of the Community
United States
1667 Posts |
The drum ribs on the reverse are very weak, many of them are. Obverse is nice though and strong in the hair, I'd go with 65+ on this. For whatever the reason the Philly drum ribs were struck better.
Most all the 1976 Ds have some weakness on the drum reverse. and that's the main problem with them, the ones that get up to MS68 don't have much weakness.
And the one from Coinfacts I don't believe is a MS68 either... 66 or 67 perhaps. their cover picture is wrong. click on the "view more images" under the picture and there will be other representatives for the grades. you can have a weak drum but clean everything else and maybe get there, but the sharper those drum ribs are, the more forgiving they are with other minor issues. Minor issues and weak drum ribs keeps them below MS67.
You can look at MS68s on Heritage Auctions also. The drum ribs are near complete on all of them and pretty mark free also.
Edited by Big-Kingdom 07/30/2020 10:38 am
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Pillar of the Community
United States
4989 Posts |
At least MS-66, good shot at 67.
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Replies: 20 / Views: 3,585 |