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Replies: 7 / Views: 1,113 |
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Valued Member
United States
416 Posts |
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/255584054010https://www.ebay.com/itm/175310082191  Edited by TimNH 06/15/2022 3:19 pm
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Bedrock of the Community
Canada
21586 Posts |
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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Pillar of the Community
United States
1657 Posts |
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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Pillar of the Community
Russian Federation
1557 Posts |
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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Valued Member
 United States
416 Posts |
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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Pillar of the Community
United States
1613 Posts |
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.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
Russian Federation
1557 Posts |
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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Bedrock of the Community
United States
17884 Posts |
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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Replies: 7 / Views: 1,113 |
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