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How Are These Two Fugios The Same Grade?

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TimNH's Avatar
United States
416 Posts
 Posted 06/15/2022  3:15 pm Show Profile   Bookmark this topic Add TimNH to your friends list Get a Link to this Message Number of Subscribers
Hi all, I am (still) surfing for a Fugio Cent, here are two that look so different, but have the same XF40 grade. How on earth?

My guess is PCGS deemed them the same level of wear, but starting with vastly different strike qualities, something like that.. but seems hard to tell the difference between poor strike and wear. Insight appreciated, many thanks.

https://www.ebay.com/itm/255584054010
https://www.ebay.com/itm/175310082191
How-Are-These-Two-Fugios-The-Same-Grade?
How-Are-These-Two-Fugios-The-Same-Grade?
Edited by TimNH
06/15/2022 3:19 pm
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JimmyD's Avatar
Canada
21586 Posts
 Posted 06/15/2022  3:27 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Two different graders that graded the coins with a lot of time between grades.
Grading is just an opinion, not a science and each grader had a different opinion.
This is why people send coins in to be regraded with the hopes a different grader
will grade it higher.
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United States
1657 Posts
 Posted 06/15/2022  5:19 pm  Show Profile   Bookmark this reply Add lcutler to your friends list Get a Link to this Reply
You just can't grade these like you can modern coinage. The crude planchets, and minting procedure can really complicate things. A low grade coin can have more detail than a high grade coin.
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 06/15/2022  11:04 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Perhaps there is a slightly different approach to valuation for early American coins, but I do not agree with the valuation of either the first or second cent.
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TimNH's Avatar
United States
416 Posts
 Posted 06/16/2022  08:51 am  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply

Quote:
I do not agree with the valuation of either the first or second cent.


Could you elaborate? I am pondering making an offer on the darker one with the finer detail. It looks like a pretty good match with their grading site, maybe even a match for their 45 grade.
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Ballyhoo's Avatar
United States
1613 Posts
 Posted 06/16/2022  7:49 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
I'm of a similar mindset as lcutler, in that earlier technology and processes had far greater variables to achieve a more consistently struck coin. The detail evident in the upper image is similar in relationship to the same areas of the bottom, leading me to believe it to be weakly struck. As far as the same grade, sticking with the assigned extra-fine, the upper should be on the lower side of the grade, the bottom the higher end and not an identical EF45. With that said, it's tough to buy even a graded coin from an image at times as not all sellers have good photography skills. This should be considered when buying a high dollar coin. The lower one may be much darker in hand than shown. Something I've encountered on other copper coinage of a similar age.
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There are no problems only solutions - the late, great John Lennon
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 06/16/2022  8:06 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply

Quote:
Could you elaborate? I am pondering making an offer on the darker one with the finer detail. It looks like a pretty good match with their grading site, maybe even a match for their 45 grade.

I just switched to evaluating PCGS photos, and now I have to agree that this coin is evaluated a little differently. It seems that the technique at that time was not the best and the coins did not always turn out as they were intended.
But this does not change the fact that coin No. 2 (darker) has an edge defect. This fact confuses me very much. I think there should be details there.
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Conder101's Avatar
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17884 Posts
 Posted 06/18/2022  08:59 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The second is easily an XF, the first at first glance LOOKS like a lower grade but when you look at the well detailed areas you can see that the coin has actually received little actual wear, so the areas with missing detail are due to striking problems or die failure (sinking). So even though it doesn't have the eye appeal of the second coin it actually is an XF.
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