Au-63 Barber Quarter

my only problem with the term AU 63 or 64 is there are some impressionable collectors here who are thinking in those terms and those collectors are looking to me for advice and my advice to them is i do not agree with the concept and would not advise them to build that principal into their collection. Thats my 2 cents after that they can do whatever they like. If some people are upset that i dont endorse the au 63-64 thinking then thats their problem. i am entitled to my opinion just like they are entitled to theirs. a coin is either a 58 or its an ms and the ms grades are 60 -70. If we go back to eye appeal and market being fare and what not the coin will sell for accordingly now if you want to enter the ring let me know which gloves you want although i think you might want to sign me up as tag team partner .

 

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whats it called in galactic?

 

Phoenix you wont get a 64 coin for AU price. The coin you mention here will sell for more than AU 58 money and people who are not experts should be aware that they are getting an AU 58 coin with superior eye appeal and they are paying for that and not an AU 64 coin because such a thing does not exist. You wont find it in the red book and you wont find it with the TPG. Also, if both are graded properly an AU coin will not be better than most GEM coins.

 

Ebonics

Ruben

 

You get on these band wagons and it doesn't serve you well. The next thing we know your posting copies of your diploma's. This time, though, I want to start with Grade School!

ROFL

Ruben

 

The concept which is sould is that there are some of AU 58 coins that have better eye appeal than most MS62's or even 63 or 64's

That doesn't translate to making a NEW grade of AU64, which is completely make believe and being campaigned for here on coin talk, which is about useless since we don't make the grading standards or do the bidding at the auctions.

It would be better to know that many AU58s are very under priced and great bargains.

Ruben

 

Nobody ever claimed it was a new grade. The point was to use the "AU64" term as a figure of speech. A way of explaining why it isn't a good idea to make purchases solely based on grade. If you can find a coin that is technically AU but has much better eye appeal than an MS example...what would you buy? I'd buy the AU coin because it is more attractive, and to me that's what coin collecting is about. It might be worth less (which in some ways is better because it can be had cheaper), but absolute value isn't the key in this for me.

 

Ruben,

Thank you for disagreeing with me and then proving my point at the same time. Well done! For the record, I never intended to make a new grade. The term AU64 is conceptual. You know this, you know what conceptual means, and you are just trying to stir the pot.

Paul

 

maybe you should quote it

"AU 68"

Ruben

 

Spock,

We both have the same concern. I am worried about the YN's and impressionable collectors, the same as you. You have a method to coin collecting that is very sound IMO and you give advice to the less experienced collectors with the intent of trying to save them from making some mistakes that perhaps you have made along the way in your numismatic journey. I completely respect that. However, my opinion differs greatly from yours on this issue. Your advice, IMO, would be well served on a more experienced collector with a sizable budget. IMO, your advice plunges inexperienced collectors into a realm that they are not equipped to handle. Many don't have the experience, knowledge, or budget to collect high grade mint state coins.

If a collector is a novice, they should be collecting novice level coins in order to gain experience, make mistakes, and learn from those mistakes without costing themselves a fortune. The AU64 concept allows them to do just that. It allows them to search for an affordable eye appealing alternative to an expensive high grade mint state coin. The key to not making a numismatic mistake is to purchase coins that are attractive (eye appealing) regardless of the assigned grade. If you do that, there will be potential buyers lined up when it comes time to sell.

I am confident that most of these impressionable collectors are astute enough to understand that the AU64 concept is not an actual grade, and that they are not getting a mint state coin for AU money.

I never intended to offend you in any of my previous posts and if I did, I apologize. Our opinions are just diametrically opposed on this issue.

Paul

 

ok, it's still a bad grading idea and a horrible concept. The 70 point grading scale with no exceptions, has been the surperior method of grading devised so far. No matter how good a coin that is AU 58 looks, it can never truly be anything better. It can't be good messing with a wonderful standard. I know that some numismatists would take offense to your concept. I just think that this should not be used ever, for any reason. Dr. Sheldon would not be happy right now.

 

Paul - your campaigning and confusing people. You shouldn't use the term AU-64 because it is meaningless and confusing. A 64 is an MS grade, not a AU grade. Your campaigning. I don't know why. It seems to be something etched in your DNA. All the points you make can be right until you make an effort to "coin" the term AU63. Then your wrong. There is no AU63 and there is no AU63 concept. And this is not stirring the pot. This is the miss use of nomenclature.

Standards have been devised and accept and an AU58 can no more be a AU63 than an Elephant can be called a land-whale. Your teaching the wrong terminology.

Ruben

 

Figure of Speech

 

go by whatever definition your heart desires. I'm just saying it's a terrible concept, and you can throw countless definitons of figures of speech at me. This is a poor excuse at a modification of the current accepted standard. Terrible idea, I hope this stops very soon.

 

Ruben,

I am not the creator of the AU64 concept, it has been around for years. Nobody seems to be confused and I am not campaigning for anything. The fact that the actual grade AU64 (miss use of nomenclature) is not possible is what makes it a conceptual grade. Try to think outside the box a litte, okay.

 

Camel-Leopards, all Camel-Lepards...

 

Paul! I don't think I've ever been called square or a conventional thinker by anyone! I am truly honored.

Ruben

 

LOL. You got me there.

 

agreed. i told you that you would end up as a tag team partner. now where are the gloves that you hid?

 

Seems this concept was being discussed 3 years ago in another forum.I agree with Lehigh on this 1. AU58's can look nicer than some 63's. For some people getting a coin that looks like that is a deal closer. Not everyone can afford to buy MS63's. I like the idea that having alot of very nice coins is better than having a couple of real nice coins. JMO.................John http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Number=2733975