The Official CoinTalk Grading Experiment 13

I’ve seen several, and I agree.

 

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This one might be hard to grade from a photo because it might have too dull of luster.

I went 67 because the coin is so good but I could easily see it getting 68 if it has booming luster or 66 if the luster is very subdued.

 

68...nearly flawless.

 

I am also at MS-67, but it could be graded MS-68 - it's hard to make that distinction from photos.

 

If it isn't MS68 it should be....

 

At first glance I thought 67 but after looking more closely that has to be a 68. Looks to be pretty much mark free. I have to strain to find even the most minute mark. Hard to get an idea of luster because Heritage images are so bad. But I’m assuming the luster is nice.

 

MS67. Would have gone MS68 but for the mark in front of President Lincoln's forehead.

 

my thoughts exactly. I voted 67, but this coin is nearly mark free, and after looking at it a few more times, I would not be surprised if PCGS graded it 68.

The 1943-D is typically well struck and relatively easy to find in gem which means that the coin has to be a real boomer to get to 68. And so, I will follow my gut and stand by my original grade at MS-67.

 

Alright, time for the reveal. With 50 guesses, you guys nailed it: 67.02, compared to the PCGS 67 CAC. I'm most perplexed by the 64 and 65 votes.... y'all need to go look at some high graded coins..... 54% of you chose the correct 67.

I think a strong argument can be made for a 67+, or even a 68 (it is clearly high end 67). However, as a couple of you mentioned, I think the luster is what keeps this coin back. If you compare the 68's listed on Heritage, they generally show more luster (keep in mind, the easiest way to compare coin photos is to have uniform lighting and technique across all coins)

Check back soon - I've had a few requests for copper, so we'll have some 19th century copper for the next one!

Anyways, the reveal:

 

Lol. I thought it was 68 for sure after I seen it was chosen as best answer.
What's up with that ? It was an excellent explanation/reasoning of the grade chosen though.
Thanks again @physics-fan3.14

 

The whole "best answer" thing is weird. You would think that only the poster of the thread would be able to select a post as the best answer.... but, anyone can. I was a little surprised to see it pop up (and, it doesn't say who selected it).

There are some good arguments for a 68 on this coin, I'll admit that.

 

First one I missed. Dang. This coin will end up in a 68 holder sooner or later. Was the selling price for a high end 67?

 

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I'll be honest, I didn't even look at the sales price. However, this one seems to have sold for a generic 67 price: https://coins.ha.com/itm/lincoln-ce...ce-fo/a/131613-29064.s?hdnJumpToLot=1&x=0&y=0

 

For those learning from these threads, the implied subtext that messydesk is referring to: most major auctions allow bidders to view lots in-hand at the auction. If auction bidders think a coin is undergraded, they will often over-bid a coin thinking that it will upgrade. It is often far easier to grade a coin in hand than it is via online pictures, and so the theory is that people who actually attend an auction will have an advantage. If the auction price for this coin reflected an unusually high price for a 67, you might think that in hand many people thought it would receive a 68 (as indicated by the guesses here). However, since the auction bids reflect a 67 price, there is a good chance that few people were willing to take the chance on an upgrade after an in-hand review.

 

I’m really getting sick of these maxed out. Grade inflated coins. Why I like cac approved old holder coins the best. When they’re graded accurately and solid for the grade. And original. I don’t see this coin any higher than 67 but it’s a solid 67. A better example why the bean I would much rather have a 67 cac than an overgraded 68

 

So it sold for $170 in 2016. Recent sales include its "litter mate," cert number 33018230, which brought $630 -- considerably more than the prevailing $250ish, and I don't think it's as nice. Both sales were internet auctions, but the cheap one sold on a Sunday -- Easter Sunday. Anecdotal evidence of the importance of timing an auction, I guess.

 

Those older "arguably" more strictly graded slabbed coins are disappearing due to crack outs for attempted upgrades when it's deemed worth the risk/reward.
I'm not saying standards have changed, or lightened though, because that is a very sensitive subject to some.
I can state that the TPGSs have a firm grasp on the market, so....

 

Let's do another one!

 

Seems nicer than 67.
Where are the flaws?

 

Sorry for the delay in posting the next one. Heritage was down for a few days, and then there has been some stuff going on that has prevented me from posting much.

I'll get the next one up tomorrow, though, I promise!