How Are Coins Defaced With A Scratched "x" Graded? (Penny)

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Author	Replies: 6 / Views: 3,595
Archraz Pillar of the Community United States 3499 Posts	Posted 01/28/2010 12:31 am I pulled this 1862 British Penny out of a junk box a few days ago since is is not the easiest of dates to find and it is a decent grade considering the details. But the intentional damage certainly affects grade and value. In cases, such as my coin, how much would the overall grade and value be lowered? With this in mind, what kind of net grade would you give my penny? Thanks! Edited by Archraz 01/28/2010 12:32 am Report this Post to the Staff

echizento Moderator United States 23731 Posts	Posted 01/28/2010 05:29 am The mark is going to effect the grade and value somewhat. Luckily the marks aren't very deep and don't seem to effect the details on the coin. They also appear to be old marks that have had time to tone with the rest of the coin. I would grade this coin at VF-30 unmarked and VF-25 marked. Report this Post to the Staff
Archraz Pillar of the Community United States 3499 Posts	Posted 01/28/2010 12:23 pm echizento- thanks for the input. I'm kind of surprised that it would not have been VF details, but the scratches result in it being about a net VG. I mean, the scratches are quite obviously deliberate. That raises the question whether unintentional damage or deliberate vandalism affect grade more. Edited by Archraz 01/29/2010 12:10 am Report this Post to the Staff
Archraz Pillar of the Community United States 3499 Posts	Posted 01/31/2010 9:45 pm So would most of you find that a coin with such vandalism is reduced to being a "filler," wich would have to be upgraded later, or is it considered in a sense negligible enough as to not detract from the "collectability" of a coin? Report this Post to the Staff
Adam_E Pillar of the Community United States 4846 Posts	Posted 01/31/2010 9:47 pm What is th value of that coin? Report this Post to the Staff
Archraz Pillar of the Community United States 3499 Posts	Posted 01/31/2010 10:07 pm lafaa123- Without the scratches this coin would be worth about $15, but it should be noted that many 19th century British pennies are under-valued in that they are rather difficult to find in the US in better grades. Report this Post to the Staff
latman100 Pillar of the Community Australia 1040 Posts	Posted 02/01/2010 12:32 am When putting together circulated sets, I accept that some coins may have some damage, particularly those coins that are more difficult to obtain. Rationale being that the scarcer undamaged coins have probably already found a home. I would have no problem having a coin such as this in my collection, the damage is old and has toned well with the rest of the coin, it doesn't look too bad. If a better example shows up later then good, but I wouldn't be going out of my way to look for one. Report this Post to the Staff
	Replies: 6 / Views: 3,595

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How Are Coins Defaced With A Scratched "X" Graded? (Penny)