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Update On 1992 D Close AM Grade

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Taylorism's Avatar
United States
48 Posts
 Posted 08/21/2020  12:39 am Show Profile   Bookmark this topic Add Taylorism to your friends list Get a Link to this Message Number of Subscribers
Hey everyone, today the grade for the coin dropped in. It came out as UNC details, Environmental Damage. A little disappointing as I thought it had a good chance of straight grading, but there it is. Still an exciting find! Tons of thanks are due to GrapeCollects for helping me get this graded!! He helped me every step of the way with the submission, which I greatly appreciate!
Update-On-1992-D-Close-AM-Grade
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 08/21/2020  12:48 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Glad I could help! I still think it should have straight graded, though not as Unc. TPGs are oddly picky at time. I have some great examples.
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CoinHI's Avatar
United States
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 Posted 08/21/2020  12:48 am  Show Profile   Bookmark this reply Add CoinHI to your friends list Get a Link to this Reply
That's still amazing, congrats!
"Pride is yoked with callous behavior, as humility is with compassion." St. Gregory Palamas

Top Finds - 1969-S 1c FS-101 http://goccf.com/t/477681 1976 D WQ FS-101 http://goccf.com/t/382777 - 1968 D 1c FS-801 http://goccf.com/t/422254
Cool clashed dies - 1972 D 1c http://goccf.com/t/429855&SearchTerms=CCL
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Floating (Type II) Counterclash - 1978 D 1c http://goccf.com/t/434991&SearchTerms=1978


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CoinTheTerm's Avatar
United States
1161 Posts
 Posted 08/21/2020  12:49 am  Show Profile   Bookmark this reply Add CoinTheTerm to your friends list Get a Link to this Reply
Congrats! And thanks for the update!
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Taylorism's Avatar
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 Posted 08/21/2020  12:51 am  Show Profile   Bookmark this reply Add Taylorism to your friends list Get a Link to this Reply
Yeah I expected a straight grade in the AU range, but you never know! Seeing the higher quality pictures, the environmental designation hurts!
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Taylorism's Avatar
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 Posted 08/21/2020  12:58 am  Show Profile   Bookmark this reply Add Taylorism to your friends list Get a Link to this Reply
Two questions for you guys if you dont mind. First, how do you calculate value on a coin with this designation? Also, is environmental damage something that the Restoration Service could correct? It had to be a close call, and I would love to get astraight grade on this coin.
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GrapeCollects's Avatar
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 Posted 08/21/2020  01:02 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
First, how do you calculate value on a coin with this designation


No clue. But probably around 1.9-2.1k.


Quote:
Also, is environmental damage something that the Restoration Service could correct?


Probably. Or some acetone and verdicare
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CoinHunter27's Avatar
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5887 Posts
 Posted 08/21/2020  01:14 am  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
Environmental damage or not, that coin deserves a slab! Amazing find and great job on the slab!

-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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John1's Avatar
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 Posted 08/21/2020  05:07 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Great find. I think the rare factor trumps the details designation. Leave it as is. Check past sales for an idea on value.
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spru's Avatar
United States
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 Posted 08/21/2020  05:41 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
how do you calculate value on a coin with this designation?


Like John1 said, past sales are the best way. I see a couple past auctions for details-graded examples. This one sold for about $450:

https://coins.ha.com/itm/lincoln-ce...ption-071515

This next one sold for about $550. It's uncirculated like yours, but "details" for a different reason:

https://coins.ha.com/itm/lincoln-ce...ption-071515

I suspect it's worth at least $500. As a side note, I do agree with the environmental damage designation. The reverse has visible verdigris developing.
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John1's Avatar
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 Posted 08/21/2020  09:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I would expect $500 tops for Taylorisms',but you never know.
John1
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Nieuw's Avatar
United States
663 Posts
 Posted 08/21/2020  09:31 am  Show Profile   Bookmark this reply Add Nieuw to your friends list Get a Link to this Reply
This error will surely bring a good premium, and I'm not worried about the grade on this coin. Also, do NOT clean it
Edited by Nieuw
08/21/2020 09:32 am
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GMS5's Avatar
Canada
1527 Posts
 Posted 08/21/2020  10:32 am  Show Profile   Bookmark this reply Add GMS5 to your friends list Get a Link to this Reply
I could see this easily attaining 1 - 2 k at auction despite the details grade. These are extremely fun to look for but very very hard to find.
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SilverCents's Avatar
United States
3281 Posts
 Posted 08/21/2020  11:38 am  Show Profile   Bookmark this reply Add SilverCents to your friends list Get a Link to this Reply
TPGs can be strange. They gave this a ED grade, but others with more heavy toning have received a straight grade. It is what it is, but nevertheless, it looks fantastic and should fetch 1.5-2k
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Big-Kingdom's Avatar
United States
1667 Posts
 Posted 08/21/2020  12:09 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
They gave you UNC Details witha 97 for environmental, but they also did give you the " Close AM FS-901" and that's what matters.

You could always crack it out and send it to NGC, or ANACS next and see if they give it a AU straight grade instead. I think the money is there to make it worthwhile.
The only spot I feel is really bad is that one on the reverse. can always call up PCGS and ask if conservation services were done could it then straight grade. I mean most of it is "color" issues and not "corrosion" to get it a 97 I think...

I dunno. I think they are being overly harsh here when it could be AU straight grade and RB or BR. But maybe they see something in one of the spots that either needs to be addressed, or can't be addressed....
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SamCoin's Avatar
United States
3237 Posts
 Posted 08/21/2020  1:10 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list Get a Link to this Reply
Maybe worth resubmitting - UNC details seems ridiculously nit-picky to me.
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