Would you ever buy a "details" grade coin?

Have never bought a details coin already in a slab. Bought a few raw coins that got “details” on the label when graded. That’s how I learned what a lousy grader I am. Unless it’s newly minted, no more raw coins for me.

Few times I’ve been tempted to buy a details coin at auction, the price soon went out of my range.

Mike

 

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Keep up the good work.

As I said, peck marks are a lottery, and so it appears are the criteria. Dipping is cleaning IMO, no? Thoroughly acceptable for grading though - apparently. I guess it all boils down to whether you treat the collection as a hobby or an investment, whether you will accept the reason for rejection - however spurious.

I don't intend to tell American collectors what to do as it is their choice, and clearly a details free collection will be easier to sell and likely produce higher returns, but for those who collect for pleasure without requiring the best piece for each type they buy, or have set a collecting aim which will inevitably result in a compromise between grade, faults seen, availability or affordability, anything approaching completion is likely to result in...... (wait for it) - happiness in their success. That is something money has difficulty in buying with certainty and the main driving force behind my collecting philosophy.

 

If I would buy the coin raw, I don't care if it is in a details holder. This one has been cleaned according to NGC but I really like it.

 

From the picture I would say it probably has based on the toning, but there can be very few coins that have circulated which never saw a wipe here or there. Just putting them in your pocket does the job. That looks like possible chemical cleaning to me, but can't comment on the coin per se as I don't know anything about the series.

Another supporter of a 2 point system?

 

At least, they put “chop marked” or “chopped” on the label. Chop-marked trade dollars aren’t the only inconsistency of graffiti. There’s the Dexter 1804 dollar. Ole Dex stamped a “D” on the coin, but it straight-graded. Try stamping your initial on a coin and see how it grades.

Mike

 

When buying slabbed coins I avoid, and do not own, details graded. However, many of my raw coins probably fall into this category.

 

I have many coins previously in slabs - details, top pops, also rans and a considerable number of unlisted (choose your denomination -not) where the only resemblance to the description was the fact the enclosed is a coin.

I have yet to find a way to make the slab fit the cabinet tray recesses, however big they may be, so all are removed. I do have a few slabbed remaining, as these are examples of each TPG's products to tick off another few criteria on the list.