Thanks you Ben. I was told it's Uncirculated but after looking at it, it's about. I found some on E-Bay that is going for $10.00, I paid 10 Cents. I am looking for the Minage on it any help. Cheryl
Cheryl, According to the Krause reference there were 20,000,000 struck and the composition is coper-nickel. Take Care Ben
What makes you think this coin is an AU? It appears more XF to me so i'm curious what I'm missing since i don't know these coins that well. I do have a few, but they are in VG to F condition. -Steve
Steve The coin dealer told me it is an uncirculated coin, but knowning the dealer and his prices on the coins to me it is not Uncirculated. I look at the wear of the coin, hat, face, lettering and the date. The price is other clue it might not be uncirculated 10 cents is not that high. On the other hand the coin could have been stored in all the wrong places before it sold to the dealer. To be fair I put the coin as about until I find out different. Cheryl
i'm reminded of a small town who over a peroid of time lost 5 minutes to the rest of the world. the telephone company called the railroad for the official time and the railroad called the telephone company for the official time. slowly they lost seconds until a train came in one day 5 minutes early - it was then the problem was realized. -Steve
What makes you think this coin is an AU? It appears more XF to me so i'm curious what I'm missing since i don't know these coins that well. I do have a few, but they are in VG to F condition. I offered you my opinion on the coin, but to me you are not that interested about the coins So. Ok, I am reminded of small child with nothing better to do with his time. I have not been collecting coins that long, I am still in the learning stages, YOU ARE WRONG with your reply. After reading some of you posts and replies to other threads, You really need to listen while you read and learn from what has been said. Thank you for your input to my posting. have a good day. Cheryl
do you understand the point of my story? judging a coin's grade based on the price paid means nothing and in time will lead you to trouble. i buy MS63 coins for XF money all the time, am i over grading them or getting a good deal? i was looking for information on the coin in the picture as to why you felt it was an AU attempting to educate myself on the coin. but i'm not interested in the coin you say. an opinion based on numismatic knowledge is one thing, but to base it on "the amount of wear and the price I paid" do not help me or others in the forum understand how to grade the coin - how much wear on the stated areas puts the coin at AU, XF, VF, or F? simply saying you looked at the amount tells me nothing. I look at the coin and think it's a decent XF. I still have no idea why you think it's an AU. if i get coins like this for free, what grade should i assign them? -Steve
In my opinion what you just wrote is alot of?????. I don't need any stories, Don't turn this into something, other people in this forum can ask questions. You buy coins in MS63 for XF money but are you really getting MS63 or a XF coin? If you read the books, listen to other people and seach for answers in a nice way you can grade any coin.
i asked you how to grade the coin and you stated it was partially based on the selling price. that is not a valid method - i get many coins for free but am still able to grade them based on other attributes - the Sheldon scale has no metric for price when evaluating the grade of a coin - i thought you knew something more about this coin series so i asked what made it an AU coin. and yes, i do buy MS63 coins at XF prices - it's because i know a heck of a lot about the coin i am buying and the seller does not. -Steve
One, I am very happy you know alot more than the sellers. Yes I know about the grading system I read the books. If you would have read the rest of the posting you would have known that was not the whole reason of my grading. If you didn't come out with that smart story We might not have this unpleasant bull. Have a good day. i'm reminded of a small town who over a peroid of time lost 5 minutes to the rest of the world. the telephone company called the railroad for the official time and the railroad called the telephone company for the official time. slowly they lost seconds until a train came in one day 5 minutes early - it was then the problem was realized. I do want to say sorry to the reader.
i did read the entire posting and did make comment on that aspect. the amount of wear that is typical of a specific grade on this coin has still not been quantified - that was the first question i asked. i wanted to know what makes this an XF and what makes it an AU. you are not the only one to state it looked AU, Bonedigger has not commented on why it is an AU to him. i see wear that is typical of a circulated coin. but i might be wrong, i am not an expert on this coin. -Steve
according to the 2007 Krause, the 1926 in Unc is valued at $20.00, $5.00 in XF, $1.50 in VF, and $0.75 in F. i suspect this coin has been cleaned and thus the great price. -Steve
