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 Replies: 12 / Views: 2,342 |
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New Member
United States
4 Posts |
Hi all, nubie here.great site great info here.Question for my first post,I have just received back from PCGS my 2006 S.D. P quarter error with the complete clad missing on the reverse.It graded MS64.Is it possible for an error coin to reach MS68 69 or 70 status or does the error prevent that?
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Pillar of the Community
United States
4846 Posts |
it is entirely possible, errors are not damage
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Pillar of the Community
United States
1882 Posts |
A coin must have a good strike to reach above MS65. I highly doubt a coin missing a clad layer could achieve a high grade. Oh,  to the forum! Edited by steve199
08/12/2010 09:56 am
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Pillar of the Community
United States
7629 Posts |
Steve is correct. In order for any coin to receive a grade above MS66 it would have to have a hammered strong strike. Since we are talking about an under-thick planchet here, there's little chance the strike could be strongly hammered.
I perosnally view grading error coins as very highly subjective - to the point that they should not necessarily completely follow the guidelines that other coins go through. There are inherent flaws on an error coin (like planchet thickness) that should be taken into account on a coin to coin basis. Each coin should be graded on its merits of just how original it is from the time it was struck...not how well it was struck. But then again, I'm just a very seasoned and highly logical collector, not a grading company.
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Pillar of the Community
United States
1882 Posts |
Quote:
Each coin should be graded on its merits of just how original it is from the time it was struck. Chuck, do you believe a NON-error coin that is poorly struck should be able to achieve the high grade? Or how about a Wheatie from the 20's fully struck from a totally worn out die? Edited by steve199
08/12/2010 11:46 am
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Bedrock of the Community
United States
12437 Posts |
IMO, a poorly struck coin should not be capable of achieving a high grade. The best example I can think of is the 1922 no D Lincoln. The highest TPG graded coin Heritage has sold is only MS-64 but they did have an MS-65RD coin that was sold raw in 2001. Looking at the population records on Heritage, it appears that PCGS has only graded two coins MS-65 so that would be the top pop grade for a 1922. |
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Pillar of the Community
United States
1882 Posts |
Of course he may agree with you...I couldn't tell if he was changing the context away from error coins to all coins.
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New Member
 United States
4 Posts |
Thanks to all. Very good points. More can be learned this way than from any book.
Thanks
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Pillar of the Community
United States
7629 Posts |
My point regarding taking strike on a coin for coin basis was that if you have an error on which a full strike could NOT be expected (because of a thin planchet, etc.) then grading the coin should take that into account without regard of the detail needed for normal thickness coins. Of course any normal size and shape coin should be graded on the same merits of all other coins of the same series.
And I do NOT believe that issues KNOWN for weak or worn out die strikes should be graded on a separate scale. I think all Lincoln cents are the same and should be graded the same - except in cases of split planchets, fragments, or other special cases where a strong strike could not be possible or expected.
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New Member
United States
4 Posts |
The reverse on this coin has a pretty strong strike even without the clad thats why I was wondering why an ms64. The coin is nice but I thought because of the error it couldnt reach a higher status.When I get a better camera I will post a pic. THANKS AGAIN TO ALL
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Pillar of the Community
United States
3640 Posts |
Coins under MS grade (mint state)are graded by wear. And on cents, color is added to the grade. MS is just that. The state of the coin as it was minted. No wear/circulation. The circulation part is not included anymore as a circulated coin can still grade MS. Technically it should not. Moving up the ladder from ms 60 to 70, coins are looked at for dings, scratches, nicks etc. as well as luster and eye appeal. Which by the way is in the eye of the grader and not set in stone. As far as strike, you have to know the die condition or pressure etc. that was used for ea. particular coin. This is basically impossible for all graders to know so they may grade by the strike only. It is a lot of work to learn all the coins strikes. Look at your morgans and Peace dollars. Pretty tough to find one that may go 69 or 70. It may or may not deserve those grades but ? A good coin to practice on is an ASE (american silver eagle) first group your coins into Unc.,BU,GEM and choice. Compare with others already graded and you will get an idea. Get a perfect 70 and really scrutinize it. Should have not one flaw. One small ding on just the obv. and it is a 69. Work your backwards from there. |
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Pillar of the Community
United States
2737 Posts |
When it comes to errors, grades are assigned almost at random. I've seen severely damaged error coins that have been scraped, gouged, bent, crumpled, and crushed given high mint-state grades. On the other hand, I've seen flawless error coins given AU grades because the graders can't tell the difference between tumbling marks on a weakly-struck coin and bag marks. Grading is an exercise in make-believe and requires the willing suspension of disbelief by credulous buyers.
Error coin writer and researcher.
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Rest in Peace
United States
3039 Posts |
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Grading is an exercise in make-believe....... Thanks Mike. That says it all in my opinion. |
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Replies: 12 / Views: 2,342 |
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Posted 08/12/2010 08:48 am
