Two new "firsts" from my PCGS results!

What are these "Everyman" set you're referring to? I forgot.

 

Log in or Sign up to hide this ad.

58+ and lower. MS grades are excluded

 

Why so?

 

Because that's what everyman sets are and what is allowed. Plenty of sets allow everything. They're a non MS graded set which people had requested. A lot of the new sets are by request and from feedback.

 

The SLQ sold within an hour for $575. CRAZY!

 

Interesting

 

Nice

 

Yeah. Basically everyone loves AU58 grades, and those are almost always more attractive than MS60-62 coins, so it became "a thing."

 

I think that quarter qualified as an "AU 64." Nice!

 

You may have listed it too low!
But in this case I’d think it’s better to have a quick profitable sale with a happy customer than sitting on it for a while.

A 58+ Franklin went for about the same on January 5th (2019):

 

Welp, guess I'm selling my 26-S Buffalo raw.

 

I wouldn't know how they are with Buffalo's, it seems like some series they're stricter than others but that's just what I've seen. Someone else with experience with that series would know more than I.

 

Yep, and I'm giving up on that 1901-S Barber half that ANACS gave 40 Details (cleaned). A couple of dealers (including one who specializes in Barbers) thought it had a chance at straight-grading, but it sounds like the time is wrong.

 

ANACS is kind of weird about what they do and don't call cleaned. You more than likely though would probably be looking at a 35 though if you tried right now if it were to straight grade.

 

Yeah, even with a semi-key-date bump I doubt it would cross at 40, but a clean 35 from NGC or PCGS would be a lot more desirable than a cleaned 40 deets from ANACS.

 

So they're grading them accurately and not giving a key-date-bump? That sounds good to me!

To some people, a chop mark is damage. These people will value the coin much less or avoid buying it altogether. To some people, however, a chopmark is a historical artifact and adds interest to the coin. It's similar to shipwreck coins - the coins have suffered through life, but for some people that adds interest. I personally would not buy a chopmarked coin, I think they are damaged and undesirable. But that's just my opinion, and lots of people disagree.

So, the answer is - a chopmarked coin may be worth more to the right buyer, but may be harder to sell if you can't find the right buyer.

 

I agree with you. It's just a form of countermark. Something that's been done to coins since ancient times. Not as disfiguring as a banker's test cut. Almost any other kind of countermark would get a coin a details grade. A banker's test cut would probably warrant a body bag.

Cal

 

Exactly! It's not a bad thing, but as you know, PCGS has historically been extremely liberal with the issue, so it's surprising to me. I have grown used to only NGC being tight with this coin. It's good for me because I can get a nicer example that pleases my eye at a more reasonable price than before!

 

I agree. I'm alright with the stricter grading- less market inflation and flooding of high grade coins. I would buy a chopmarked coin. In fact, I don't even mind damaged coins. It adds character to a coin and shows it was used for its intent.

 

My PCGS XF40 w chop marks - CAC too.