Returned graded coins from ANACS and NGC. Happy and disappointed, but educational!

Hello, I was able to find a time to scan 48 coins with both sides. It is the most time consumed task, but I am glad it's over. Now, let's show my coins from ANACS and NGC. (28 NGC and 20 ANACS) It was good education for me and a good experience as well. You will see my happy and disappointed on outcome, but overall, I am well pleased. I will add details on why I send these coins and the result on them. It will be not my last time to sent coins to grader. I have more coins that I want to sent either NGC and ANACS. This time, it will be more tight as I will not sent coins for education purpose as this lot was designed at that purpose. The reason for two different grading companies is NGC will not give details on errors and less desirable VAM coins. ANACS is reason for it.

Let's start with ANACS graded coins. 5 out of 20 coins are details. Dang.

I thought it's clear double die, but they said, "Coins struck on plated planchets often display a faint incuse secondary image. Not a doubled die.


Mistake to take out from cello and it's details. (Expensive mistake) They stated, "Damage after strike. Not an error coin. If found in mint packaging, it should remain in it."


Big disappointed with this one as they stated, "Master Die Doubling. Affects too many dies to list." Umm...


Next one are four IKE coins. Maybe some of you might think it's another expensive experiment, but it confirmed.

1972 IKE Type 1

1972 IKE Type 2, details due to scratches, but it's king of IKEs!

1972 IKE Type 3

1974-D "Peg Leg"


Next two coins will be Ben Franklins. Both of them have varieties, but only one is confirmed.

Confirmed as DDO-002


Thought it has "Bugs Bunny" clashmark, but they said that it's not present.


Next batch of coins are Morgan and Peace. Three of them are details based on damage and cleaned. However, I am happy that there is only one coin identify as cleaned. You are welcome to share if you know about VAM stuffs. I will use these pictures and post in VAMworld for more feedback on them.

Here's first three details coins...

Confirmed as VAM-7, but damaged.


Confirmed as VAM-6, but cleaned.


No confirm on VAM and damaged.


Here's the rest of them...

1886, no confirm on VAM, but nice grade.


1886, confirmed as VAM-22.


1890, confirmed as VAM-22.


1897, confirmed as VAM-3A.


1900-O, confirmed as VAM-21D


1900-S, confirmed as VAM-21.


1921-D, listed as VAM1 because "Die cracks have not progressed to "listable" breaks.


1923, listed as VAM-1 because "Crack is unremarkable", but it has nice tone and grade.


That's end of ANACS coins. Right now, I am hungry and I will stop here. I will post next 28 NGC coins tonight.

 

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Hmm, so far the majority of the coins I wouldnt have even considered slabbing.

And I find the whole VAM thing silly.

Hope the NGC ones are a bit better.

 

vAMS are silly until you try to sell them

 

Whatever floats a collectors boat I can have my opinion.

 

This certainly must've been an expensive experiment.

I'm interested in seeing the NGC coins.

 

100% true as a collector./buyer. But when you sell Morgans, it really is a good idea to know the VAMs of your coins if you want to maximize your market value.

 

Thank you for taking the time to post your pictures and explanations.

 

I dont understand why you would get all those graded. what were you trying to acomplish?

 

Interesting, I appreciate that you shared your experiment and I'll check back to read more. Are you gonna be making any money off this or was it strictly a learning tool for you. Also, who were you more pleased with ANACS or NGC?? I would have waited to ask my questions but I kinda felt bad with people already saying stuff like, "oh why in the heck did you ever spend money on getting those common date low cost coins graded in the first place?" Paraphrased of course but still, how about we give the guy a break and let him finish with the education part of his lesson learned? :rollling:

 

Are these the coins from your thread http://www.cointalk.com/t205852/?

 

I'm guessing the coins looks much better than the pictures provided. I'm curious on why you would grade those but will wait patiently until the end. Let us see the NGC coins too.

 

I am going to grab opportunity to answer your questions before post 28 coins from NGC.

Mat and mrbrklyn: Mat, you are entitle to your own opinion, but mrbrklyn is right on dot that I want to know what I am selling.

tmoneyeagles and geekpryde: It might be expensive experiment, but who said that going to school is cheap? I think it still cheaper than going to numismatics courses online or on campus. I am sure it would cost more. I could break even on coins, but get a valuable education to handle it first hand. Beside it's my first time deal this way. It will not be my last.

Gipper1985: You're welcome.

bkozak33: Learning. If you want to learn something, then you will invest education to better understand the grading systems. College and university cost a lot of money. You will not get a dime from there except after you learned and get a job. This is my side job that I am interesting in and I am investing it.

fretboard: I did expect to get those remarks, but you are right. It's a learning tool. Beside it's my first time to do it. I would like to see if anyone did first batch to any grader with perfect outcome. More likely they may never post their first learning process in this forum. I don't know, but I am including my trail and error in this forum to improve my understanding in coins. I like both of them. ANACS is great for variety as they will accept almost all variety. You can see why I said, "almost". Kennedy Proof coin is one of example that they seems not stated due to too many dies. I do planning to make money out of grading coins, but at present, it's my learning process to understand coins. I am giving myself a crash course and I am not finish with sending coins to NGC and ANACS as I have more coins line up for next test. I do have my own personal collection that I am focus on. It's IKE coins.

Kirkuleez: You got it right.

icerain: Simple answer as stated above. Learning process.

Now, back to work with 28 coins.

 

Before we go with different coins. I did discuss in one thread regarding to machine doubling. I did mention to see if machine doubling would cause lower grade? I did receive mixed replies. Half of them did said yes while other half did said no. However, through my experience on first NGC submission. It's a YES! I will add few coins that have better grade on overall, but it does have machine doubling. It did actually go lower. For future reference, if your coins have machine doubling, then don't try send to grading companies and hope for high grade.

First three penny coins are identical grade in general, but MS64 has serious case of machine doubling and MS65 have mild case of machine doubling. MS66 has no machine doubling. This is the result.




This one isn't focus on grading but understanding the 6 full steps. I was able to strike right one.


Both dimes are in their high grade based on overall appearance, but machine doubling were present in both coins and affect their grade to MS64. I believe if there were no machine doubling on both coins. They should grade at MS66 as it's really very clean coins.



Machine doubling was present in this coin as well.


This one has no machine doubling, but have few faint lines as clash from other coins. It can't reach higher than MS65.


Both of these coins are very clean coins. I did assume it may grade at MS68, but yet, both of them does have machine doubling at "In God We Trust".



This one is test regarding to Full Bell Lines. I was able to accomplished one out of two coins.



Next three coins are IKEs. It's tough to identify high grade in IKE series. It's one reason why I am current pursue IKEs as personal collection.

This is one of few high grade that I pulled from my grandpa collection. However, this one is part of test due to lines showed in reverse. The lines did go under stars and stars didn't show any lines. I assume it's a pre-damage, but seems effect the grade as it really nice coin that can grade at MS66.


This one is a test to see if it really require to pay NGC's variety service to state a variety. This coin is a peg leg variety, but you can see it didn't noted. Oh well.


This is one of really nice coin, but contain machine doubling. Only if it doesn't have machine doubling, then this coin could break even on expense for both ANACS and NGC grade cost. MS65 still a nice hit.


Next 11 coins are proof and it's very difficult to detect different between real scratch and polish lines. I decide to send two sets of proof coins for further study. Two sets are 1964 proof set and 1977 proof set with frost. Here's result. It's more of hit and miss.

1964 proof set







1977 proof set with frost






At last, two more coins to go. Both of them are Silver Eagles $1. I planning to grade only one of them as I see some specks on 1997 Proof, but my dad insist to send both of them. I was right on proof coin. 1987 could be MS70 as it's perfect coin except the lines in reverse near "States". It can be seen through magnify. I knew it will affect a point and it did.

1987


1997 proof


Ah, done.

I have one last question regarding my scanner. You can see the result of my coins. It show more of shining part instead of realistic looks. I tried adjust setting, but no luck. Can you let me know which scanner give right looks as showed in elsewhere? My scanner is Epson Perfection 3590 PHOTO. Thanks.

 

Maybe the scanner is playing tricks on my eyes, but your 1964 Kennedy proof looks to be the accented hair variety. If so, nice premium especially in that grade. TC

 

I stopped using my flatbed scanner 6 years ago when I realized my cheap camera could take more detailed images that my HP 5i. I've recently thought about replacing it with a modern scanner. I used to scan photographs. Its interesting to think about the differences of each technology.

Ruben

 

BTW - thanks for posting all this. Very insiteful and interesting. Your observations on Machine doubling is very cool.

Ruben

 

Can I be so rude as to ask how much did cost to grade all these coins? I live in an area where sat. night auction is just coin auction. I noticed (of course) graded coins of all sorts, dates, errors and mints go for prices I am amazed at. I would like to grade my coins, as you have, but do not have the funds for. I have looked all over the internet about prices of grading but have not found anything usefull. I would appreciate any info.

 

Hmm, so far the majority of the coins I wouldnt have even considered slabbing. <<<< AGREED!:thumb:

 

NO is NOT ACCENTED HAIR the Reverse is not a Broken Arrow..Just a Regular proof coin of 1964 Kennedy Silver..