Question relate to study the graded coins...

I have another questions.

Minuscule: Is it very light scratch that noticeable through magnify or by naked eyes?

Hairlines: Is it a extra thin metal lines that appeared through process of making coins or very thin scratches?

Thanks

 

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This is one of many links that describes the numismatic term "Hairlines"
http://www.ngccoin.com/news/viewarticle.aspx?NewsletterNewsArticleID=511

 

Got it, thank you for clarify on that one. Hope someone can explain regarding minuscule.

Very very last question, but I doubt.

Does strong luster give a extra point? For example, the coin graded in MS66 based description, but it does have strong luster. Does it bump the grade from MS66 to MS67?

 

The short answer is yes. Things like luster, strike, eye-appeal, etc can bump a grade up or down a point. Also, the obverse is the primary side that determines the grade. If the reverse is better, it probably won't bump the grade up. However, if the reverse is worse, then it may bump the grade down.

The ANA offers classes & IMO they are a lot of fun.
www.money.org

 

Why would he be throwing money away? The coins don't change because he submits them for grading. If you have a problem coin, isn't it better to find out from the TPG instead of when you try to sell it raw? Now if he is sending in cheap coins that don't benefit at all from grading, you have a point. I missed what kind of coins he has. Too lazy to go back and look.

 

Collect89: Thank you your explanation and link. Someone did mention about that link and I am really interesting to take their courses. Of course, time is an issue at this time, but hopefully some time in future when I have more time, I will take the courses.

Doug: The reason why I asked that question because I did read pros and cons on TPGs and it did mention that they will bump one extra number on strong luster while ANA Grade book didn't mention that. I wonder what if a coin fell at MS69, but due to strong luster. They bump one extra number on it. Will they grade it as MS70? Will it be a fair grade or being fair for another coins that graded at MS70 without strong luster? It's sound like we return to "Ethical Question", but I think it's valid question.

 

Lehigh96: Here's information from my other post...

All coins below has been send to ANACS and should be complete on May 23th. I have another 28 coins to NGC and should be ready by June 1st. I didn't create a list of coins to NGC.

(3) 1886 Morgan Dollar VAM7, VAM1I and VAM22
1890 Morgan Dollar VAM 29 (Die chip in "G")
1897 Morgan Dollar VAM 3A
1897-O Morgan Dollar VAM 6A (R-6)
1900-O Morgan Dollar Possible VAM 29A, but got feeling it might be somewhere in VAM 40-50. (ANACS can confirm it for me)
1900-S Morgan Dollar VAM 12 DMPL
1921-D Morgan Dollar (Can't find specific VAM for die break through left wing, will need ANACS research on this one)
1922 Peace Dollar (No VAM for doubled die that I saw)
1923 Peace Dollar (observe die break, "T" show shift through the line)
1970-S Half Dollar Proof (Doubled die)
1974-D IKE Dollar (Peg Leg)
(3)1972 IKE Dollar (Type 1, 2 and 3. It's interesting to find only three 1972 out of 100 IKE Dollar from my grandfather's collection and strike one of each type. How rare is that?)

 

I've looked through somewhere from 50 to 80 1972 Philly Ikes, and I've never found a Type II.

 

I found the same coin in a batch of raw Morgans in 2009. Here is a picture of the "G".

 

The coolest VAM found in the batch of Morgans was this 1878 7TF B1 reverse VAM-84. At first, I thought it was the coveted VAM-79 "Long-Nock". It has the over-polished nostril and doubling on the star(s). However, in addition to the long-nock it has the dash at the number 8 and other characteristics which make it the VAM-84. It was a great coin (very exciting coin for me) to begin learning how to key-out VAMS.

 

I did have the 1878 VAM 84 slabbed. It came back MS-63. Sorry for the crummy photo.

 

clorox: It was pure luck to find it. Based on reference from ikegroup.info, the total minted from 1972 as type 2 were about 200,000 coins out of almost 76 millions minted coins. That's .2 percent of whole population or go through 380 coins to find one 1972 Type 2. (Ratio 380 to 1, possible to find three or four out of one $1,000 mint bag) That consider as scarce. However, as of now, not many people understand the scarce of 1972 type 2. You can grab raw 1972 type 2 coin from eBay for cheap. You can cheat a little.

collect89: Yes, die chip in "G" picture is same as 1890 Morgan. Cool find on long nook. I have one 1878 7t, but not long nook as yours. I know NGC doesn't stated all VAMs on coins as ANACS does. That's why I send my Morgans coins to them. However, I do have one that will recognize by either PCGS or NGC. It's 1922 Peace VAM 6. I haven't decide whether to send NGC or ANACS.

Doug: I went back to ANA grading book and you are correct. Thank you for point it out.