Why did nobody buy my Kennedy

Discussion in 'Coin Chat' started by bkozak33, Mar 28, 2014.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins

    Jiggers guys........it's the law. devil.gif
     
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  3. drathbun

    drathbun Well-Known Member

    Can I ask a dumb question? :confused: What does the * mean in this case?
     
  4. CamaroDMD

    CamaroDMD [Insert Clever Title]

    The "*" is intended to indicate the coin has excellent eye appeal for the grade. Perhaps it has a ton of luster or the toning looks very nice in hand.
     
  5. drathbun

    drathbun Well-Known Member

    Thank you. I tried looking at the PCGS web site but their FAQ does not explain it, and their glossary page was also unhelpful.
     
  6. CamaroDMD

    CamaroDMD [Insert Clever Title]

    PCGS does not use the * in their grading. It's unique to NGC.
     
  7. drathbun

    drathbun Well-Known Member

    Well, that could certainly explain why it was so hard for me to find. :)
     
    green18 likes this.
  8. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

    it is the ngc equivalent of the pcgs +
     
  9. JPeace$

    JPeace$ Coinaholic

    Than what is the NGC +? I'm being serious, not trying to be snarky.
     
  10. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think NGC uses + grades just like PCGS. The + indicates the coin is on the strong end of the particular grades spectrum. The * is more about eye appeal than technical grading. Coins with excellent luster or toning get a * because the luster/toning adds something extra to the grade.
     
    JPeace$ likes this.
  11. drathbun

    drathbun Well-Known Member

    From what I understand (and I'm new to the grading process, so be gentle!) there are specific criteria - some of them very quantifiable - used to rate a coin. It can be as simple as how many letters of "Liberty" are visible on certain coins like a seated half, right? It would seem that things like a + or * are extremely subjective. What one person might consider a + (especially with regard to toning) another could consider a -.

    Getting back to the original question (to avoid taking things too far off track) I don't personally find the toning color or pattern on this Kennedy example particularly attractive. So for me, the subjective addition of the + would be a bit puzzling. You can't really argue how many letters (stars, feathers, etc.) are visible.

    This is all just me musing out loud, I guess. I'm trying to learn and the comments on this board have often been quite educational. Thanks.
     
  12. Soiled

    Soiled Everyone has coin Avatars. I chose space.

  13. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

    aha. Thank you for that. My mistake.
     
  14. JPeace$

    JPeace$ Coinaholic

    Agree Camaro, or at least my understanding is the same as yours.
     
  15. Plent of collectors, but it's just not worth $20. I understand it's silver but it has the toning issue and they are pretty common. At the most I would list it for $10...the most


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  16. AWORDCREATED

    AWORDCREATED Hardly Noticeable

    "Why did nobody buy my Kennedy"???

    If someone had thought to just ask this 'Nobody' character to begin with we could have saved almost a hundred posts. How much did he pay? :)
     
  17. wcoins

    wcoins GEM-ber

    I don't have time to read the entire thread but I think if you list the NGC graded coin on ebay you can get over $300 for it.

    An old saying no plastic no dough :D
     
  18. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    Well here is the thing. Regardless of the toning, which I generally like, the coin is still a common date Kennedy. Aside from a registry collector, now that it is in plastic, who would want a 40% Kennedy. Very few people collect them raw IMO.
     
  19. treylxapi47

    treylxapi47 Well-Known Member Dealer

    This has been happening rather frequently lately all over the boards here. The moon or mercury must be in retrograde or something.

    Maybe its been the abnormally long winter that has everyone on edge lately. IDK
     
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