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1943 NFLD 1-One Cent_ms?

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 Posted 11/21/2021  1:11 pm Show Profile   Bookmark this topic Add Silver101 to your friends list Get a Link to this Message Number of Subscribers
Another in a series of how to copper. This is graded MS-64 Red by the ICCS. I can see why - the overall look is quite good. But the details include a sizeable thumbprint on the left side of the reverse and smear of discolouration and some suspicious looking spots on the obverse.

Although, to pick up on a detail I learned about in another recent post, the jewels in the bottom band of the crown are stellar.

What are your thoughts coin wizards?

1943-NFLD-1-One-Cent_ms?
1943-NFLD-1-One-Cent_ms?
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 Posted 11/21/2021  4:40 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
For my opinion, ICCS doesn't care much about the surface or even cleaning. They grade almost exclusively on wear/condition. It would not have gotten that grade from PCGS or most other top tier TPG's.
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 Posted 11/21/2021  5:29 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
At that grade, it is more about eye-appeal, than technical grade. For that specific year, there are a number of choice examples available, enough that you can be fussy about it (1947c, for example, you cannot).
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 Posted 11/21/2021  6:02 pm  Show Profile   Bookmark this reply Add bosox to your friends list Get a Link to this Reply
I would guess this would cross at 62RB or 63RB at PCGS. Technically it is all there, but PCGS would deduct for the spots and prints detracting from overall eye appeal. Agree with SPP, with a little patience you can find a very nice 1943.

As for the 1947s, a large percentage of the mint state ones came from a single roll that appeared about 20 years ago. The roll pretty much all graded MS-60 to MS-63 and were full red, just very baggy.

The 1947 in 66 Red, a beautiful coin and the best by three grades, is probably a specimen in a mint state holder. It was Remick's coin.
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Edited by bosox
11/21/2021 6:16 pm
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 Posted 11/21/2021  8:04 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
I've been given to understand that ICCS is too quick to give a "red" assignment and that PCGS is a little too reluctant to do so.
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 Posted 11/21/2021  8:20 pm  Show Profile   Bookmark this reply Add bosox to your friends list Get a Link to this Reply
I wouldn't say "too" in either case. They just grade differently. If you intend to collect mint state bronze, you probably need to learn those differences and how they affect pricing.

If you really want understand the pricing of these, I recommend spending a few hours going through the several available online auction archives (Heritage, iCollector, TCNC, Stacks). See what prices things actually sold for, when they sold, what holder they were in, and what the coin actually looked like (technical grade, problems, eye appeal).
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 Posted 11/21/2021  9:35 pm  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
That's actually one of my favourite ways to blow time. Though I'm just getting started on copper and bronze.... The pennies are an interesting challenge: there appears to be a greater range across mint state than in silver. Once all the details are there, the range in eye appeal is striking. In turn, eye appeal seems to play a bigger role at PCGS than at ICCS.
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