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 Replies: 27 / Views: 1,172 |
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Pillar of the Community
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Hope this is the right forum for this question. I see some coins for sale with Grellman tags. I can figure out some of the information, but the rest is Greek to me. What is M-LDS (b)? Recal? I also don't understand CUM 10/06. He lists 60/55 - seems like it would be either MS or AU. Can somebody explain how to decode these tags? Thanks in advance.  Edited by Blastenpene4
02/03/2024 09:00 am
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Pillar of the Community
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1465 Posts |
M-LDS - I would guess middle to late die state
(B) - could be stage b? Part of the die state.
CUM 10/06 - may reference location and date of attribution?
60/55 - likely net grade 'sharpness'/'net'
I don't know anything about this, just guessing.
Edited by igwt79
02/03/2024 09:43 am
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Bedrock of the Community
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12057 Posts |
N-3 is the variety: Newcomb 3 (R1) M-LDS (b) is the die state: Middle-Late Die State (Noyes Die State B) PCX = likely a price code Recol = The coin has been recolored (artificially toned) CVM = Chris Victor-McCawley (EAC member/dealer: Grellman-McCawley and Frisco Mint) 10/06 = date coin was acquired from (or by) Chris = October 2006 60/55 = EAC grade. The coin has a technical (sharpness) grade of 60 - Uncirculated, but has been net graded to 55 for one reason or another. Broadly generalizing here, but an EAC 60 coin is usually approximately equivalent to a TPG MS63 coin. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Edited by paralyse
02/03/2024 2:31 pm
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Bedrock of the Community
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18681 Posts |
never seen one of these...pretty neat. thanks for posting
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Pillar of the Community
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Thanks for the information Paralyse. I figured there would be someone who could decode this for me. Much appreciated.
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Pillar of the Community
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3162 Posts |
I have sent several coins to him to attribute. Gives the coin more credibility when trying to sell it if its a rarer die variety.
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Bedrock of the Community
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God we love you, paralyse.  |
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Pillar of the Community
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Paralyse knocks it out of the ballpark, a perfect reading/ID of everything on the tag. Beat me to it by a couple of hours.
Nice explanation, clear and concise.
I found two sales from 2006 by Chris McCawley, I don't believe the coin is listed in either sale, one is the EAC in May, 2006 the other was the Evan L. Kopald FPL both have 1852 N3 coins in them in a similar grade, but neither quite match up to this card description.
Blastenpene4 do you have an image of the coin that goes with this ticket by chance?
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Bedrock of the Community
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Pillar of the Community
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I'll have to hunt it up westcoin. I see these tags from time to time and wanted the secret decoder ring. For all I knew it decoded to "Drink Ovaltine."
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Moderator
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34423 Posts |
Yes excellent decoding work @para. I wonder if you could comment a little bit farther about price codes as I see them from time to time on flips. Quote:
PCX = likely a price code Does each letter correspond to a number? If so, does a specific letter correspond to the same number for the entirety of a dealer's stock? So, for the above price code, if we pretend that P = 1, C = 2, and X = 3, then would a different coin from CVM that was $311, be coded as "XPP"? Finally, if asking these question is like asking a magician how they do a trick, then that's fine. I'm not looking for secret info here. "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
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12057 Posts |
Happy to help! I have a few Grellman cards with some of my coins.
Also @Blastenpene - nice reference...
It is likely just one of their inventory coins, hence the price code. If you visit their booth at a show, you can see these cards with the coins to see if that is the case.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Edited by paralyse
02/03/2024 2:21 pm
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Bedrock of the Community
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12057 Posts |
@Spence, to use an example, you can use a mnemonic like GREAT COINS = the numbers 1-9 and 0
GTN = $159
RTNN = $29.95 (or $2,995)
GTNNT = $159.95 (or $15,995)
TCS = $560
You can use this sort of code to track acquisition dates, cost/purchase price, and sale price, among other things. It's commonly used in sales when you need your salespeople or employees to know the margin on an item, but don't want the customer to know what you paid for it; e.g. you bought this large cent for $59 and are asking $99 for it, a customer offers you or your employee $75 - it's easier
to decide if that's an acceptable offer for you if you can just look at the holder, and not have to check your inventory to remember what you're "in" it for, especially when selling several items at once.
My old sales job used "BLACK WHITE" for the mnemonic, so a car with a sticker on it that read "BKTTK" was priced at $15,995.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
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Westcoin - here's the coin referenced on the Grellman tsg. Nice example priced at $265.   |
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Bedrock of the Community
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Hardly can tell it's been recolored. I agree with the 55 EAC grade. A very nice coin!
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
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Early copper in high grades = used to love it, now scary stuff for me.
Edited by Coinfrog
02/03/2024 7:33 pm
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Replies: 27 / Views: 1,172 |
Posted 02/03/2024 09:43 am
