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Planchet And Die Marks Impacting Surface&eye Appeal:pls Grade Jn 89d FS

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shantiom's Avatar
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 Posted 12/23/2020  12:56 am Show Profile   Bookmark this topic Add shantiom to your friends list Get a Link to this Message Number of Subscribers
The attached images show a strong FS from a coin taken out of a mint set. Yet, the coin is marked all over the place. When does a TPG, if ever, overlook what is part of the coin versus what is done to the coin? Here, the marks are primarily from the minting process, yes, since the coins is from the MINT Uncirculated?

I am not going to send in, right call?

Planchet-And-Die-Marks-Impacting-Surface&eye-Appeal:pls-Grade-Jn-89d-FS
Planchet-And-Die-Marks-Impacting-Surface&eye-Appeal:pls-Grade-Jn-89d-FS
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John1's Avatar
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 Posted 12/23/2020  05:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Right call not sending it in. FS on most modern nickels is no big deal,it is expected. In MS66 it is a $100 coin,but at $100 it is not cost affective to send in. As to TPG and eye appeal, I do not know. Your coin looks high AU,but you said it came out of a mint set.http://www.numismedia.com/cgi-bin/c...de2=pricesms
John1
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 Posted 12/23/2020  1:59 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
Anything negative that happens to a coin after it leaves the dies lowers the grade. Dings and scratches that happen at the mint usually cannot be distinguished from those that happen in the bag while being trucked from the mint, or in the coin rolling machine, etc.

I'm convinced something in the maufacture of nickels changed around 2006. Since then, so many nickels fresh from bags and rolls exhibit big hits. I have a vision of the nickel press being 100 feet above the bin that catches the output, such that the coins in the bin get clobbered by subsequently arriving falling nickels. Yes, this is happening at the mint, but those big dings still decrease the grade.

Imagine if that did not lower the grade. Then the appearance of MS68 coins would vary from pristine looking to beat to heck. Just because the beating happened at the mint does not make it a coin someone would pay MS68 money for.
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Earle42's Avatar
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 Posted 12/23/2020  2:54 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Make sure to research grading companies before sending in coins. A lot of people lose a lot of money thinking they may get a great and valuable grade on a coin. Just fact.

Also coins in mint sets are not special minted for the sets. Unlike proof coins, mint sets are composed of just normal made-for-circulation coins. This is why they can be found with damage.

More info:
http://goccf.com/t/346174#2967242
http://goccf.com/t/130186



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shantiom's Avatar
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 Posted 12/23/2020  8:12 pm  Show Profile   Bookmark this reply Add shantiom to your friends list Get a Link to this Reply
As to this coin, it is beat up, no question, but it also has full steps. If full steps designation is available, does the coin have to be MS 60 or above, or alternatively, does 6 full steps mean the coin can be no less than MS 60, so a beat up coin that would be AU is now mint state because of the FS strike?
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 Posted 12/23/2020  10:15 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
AFAIK, slabbers will only give FS designations to MS nickels. Generally people who collect FS only want MS examples, so full steps on an EF coin is like lipstick on a pig. Being from a mint set, your coin should grade MS, maybe 62 or even 63 since I suspect the sharpness of your images is overemphasizing the hits and scatches.
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