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1954 S LWC Please Grade, And Explain The Deductions If Possible

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shantiom's Avatar
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 Posted 12/19/2020  02:03 am Show Profile   Bookmark this topic Add shantiom to your friends list Get a Link to this Message Number of Subscribers

1954-S-LWC-Please-Grade,-And-Explain-The-Deductions-If-Possible
1954-S-LWC-Please-Grade,-And-Explain-The-Deductions-If-Possible
Edited by shantiom
12/19/2020 02:09 am
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T-BOP's Avatar
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 Posted 12/19/2020  07:30 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Not sure of the word reductions , but very nice Wheat cent and color . also has a die chip at bottom of S loop . MS-64RD/RB .
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Keith67's Avatar
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 Posted 12/19/2020  07:40 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
What are you asking? Why this coin wont grade MS-70
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shantiom's Avatar
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 Posted 12/19/2020  08:19 am  Show Profile   Bookmark this reply Add shantiom to your friends list Get a Link to this Reply
Yeah, my title is wanting for clarity. I intended to say where does the coin have marks that reduce the score from 70 to whatever your assessment is for this coin, thanks.
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Keith67's Avatar
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 Posted 12/19/2020  08:47 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
Ok. The first thing that jumps out at me is the gouge under
the IC in America. Lots of hits on the lettering
And Hits on the rim
MS-65
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John1's Avatar
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 Posted 12/19/2020  09:10 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
As you know I am not good at grading,that said MS63 tops and a mid die state.
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Adam_E's Avatar
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 Posted 12/19/2020  09:52 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
I guess I'm just not seeing what other people are seeing that's holding this down so much? another 66+RD for me.
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Coinfrog's Avatar
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 Posted 12/19/2020  09:58 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'm at 66RD as well.
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ijn1944's Avatar
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 Posted 12/19/2020  10:45 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Light chatter on bust--hint of very light wear. Light obverse rim dings. The under IC gouge. Chin nick.

Nice coin. MS65+ for me.
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nfine's Avatar
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 Posted 12/19/2020  10:50 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
With the reverse gouge and obverse chatter on the cheek, chin, neck, lapel and shoulder I'm at MS64.
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panzaldi's Avatar
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 Posted 12/19/2020  11:04 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
i count 20 marks, ticks, abrasions, discolorations, scratches and areas of the coin which would overall subtract from an MS70 coin. imo this is too many to push this coin above MS65 and more like MS64+

1954-S-LWC-Please-Grade,-And-Explain-The-Deductions-If-Possible
1954-S-LWC-Please-Grade,-And-Explain-The-Deductions-If-Possible
Edited by panzaldi
12/19/2020 11:05 am
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Rothery's Avatar
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 Posted 12/19/2020  11:22 am  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply
Nice wheat - marks have been pointed out already but not too bad - MS65RD
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 Posted 12/19/2020  11:38 am  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
the spotting, esp on reverse, means this will grade less than 68, so we're at 67, then subtract 2 due to the significant number of small hits, which puts it at MS65
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shantiom's Avatar
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 Posted 12/19/2020  5:33 pm  Show Profile   Bookmark this reply Add shantiom to your friends list Get a Link to this Reply
Thank you everyone for the feedback, I'm learning a lot here. For future visitors to this post when it becomes aged, key learnings for noobs:

1. Deductions for spotting, result in a potential highest grade of MS 67.
2. Strike chatter on Lincoln's bust is a driving factor in score reduction if present in large numbers, even if small dings.
3. The clean field is insufficient to compensate for these deductions (my inference).
4. Grading can work from the perspective of deductions from a high, then decreasing based on impairments, rather than adding points from a base low score.

I'll present another coin for review soon and ask if eye appeal can compensate for scratches on a Jeffie with Full Steps.
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ijn1944's Avatar
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 Posted 12/19/2020  5:58 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
And of course, there is no 'algebra' for coin grading. Methods/approaches have improved over the decades, but grading remains subjective.
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BadThad's Avatar
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 Posted 12/20/2020  12:52 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
The high point areas are from strike weakness, typical in the 50's.

It's a very attractive coin but the field marks drop the grade.

65
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