1971 Ike grade opinion?

They are graded the same but what you posted is not a business strike. It is a different type of coin.

 

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Personally I don't think they are graded the same. I can post (and will later) a few MS65 silver business strike Ikes and a few MS65 clads are they are not IMHO graded the same. The clads seems to be allowed many more dings and scratches, as Matthew stated.

 

FWIW - there is no such thing as a silver business strike...oye

 

With Ikes there are silver business strikes they were just marketed as uncirculated, although the minting process was the same as the business strikes. They come in the blue envelope and are graded by PCGS with the MS scale and not the PR scale. They are graded more strict because they were never released into circulation you had to order them and they came in a blue envelope but were treated just like buisiness strikes at the mint so they are not always scratch free.

 

I think people are undergrading this coin by a lot.

I'd be happy to find this date nearly so nice. These come with poor strikes, retained planchet flaws, marking, and poor luster. Surely it's at least MS-64.

 

Yes sorry these are probably graded with that in mind although these can fetch a good premium in high grade.

 

I have 3 slabbed, 1 PCGS and two NSG which are 63s and just like that. Wander over to Heritage and look, I guess.

 

This gets very complicated.

It's ironic that the coin in question is a 40% silver bicentennial Ike because this coin comes with two distinctly different types of business strikes. The one pictured is the more common one with the lower mintage! These were made to mint set standards and struck on numismatic presses. This means new dies, lower speeds, and higher tonnage. The scarcer version was run off on standard presses and dumped in 55 gal drums. They are poorly struck badly handled and most were melted back in 1981 because of very poor sales. Even the few that were sold were often melted so they aren't seen often. In theory a coin run off on a standard press can be as nice or nicer than one made on a mint set press but in practice it's very unusual and in some cases you can spot the difference on every single coin made. Most SMS coins look SMS and all high speed Ikes look like high speed Ikes while all numismatic Ikes look like numismatic Ikes. This isn't due to handling alone but to strike pressure.

All coins are "graded on the curve". This doesn't mean every date will have the same number of "A's and "F's, just that if there are no A's in a date and precious few B's or C's everything gets bumped up a little. Typical faults are especially overlooked. If it weren't for this there wouldn't even be any MS-64 '82-P quarters. '71 Ikes just don't come nice so to help fill the void at the high end a little some flaws will be overlooked or forgiven. A '71 that looks like an MS-65 silver Ike would grade MS-68 with a star, a bean, a happy face, or anything else they're passing out right now.

 

OK, point made.

 

Normally - your spot on. In fact, it was you who got me into IKES

 

well if anything at all came out of this i dont know but sure was a nice to see people actually care about Ikes

 

He's trying to say the 76S is the same as a 71D and would score higher.

He can't compare proofs with uncirculated, they are two different animals.

 

That's where you're confused. A 76S is not just from a Mint set, but a U.S. Mint Proof set, and is a method of manufacture. Proofs are not graded the same as an uncirculated as there are different aspects between the two.

 

Here is a certified PCGS example for comparison and yea i have to agree looks a little better than mine.

 

There is no rim dent - only a bag mark in a nonfocus area of the neck. This looks like an FEV but i can't quite tell - Never mind, I don't think so

 

Can you see the difference now?

 

I wouldn't grade that a 65 either... but what the heck..

 

Au-58

 

gbroke you must work at PCGS and specialize in everything I send in.

Yer dern tootin! I am confused now. What's a proof mint set?

 

http://proofsetguide.com/proof-set-mintage/