Time To Address My Shortcoming

Discussion in 'Coin Chat' started by Randy Abercrombie, Jun 11, 2020.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I avoid buffalo nickels. Not because I don't like the series. But rather, I cannot for the life of me reasonably grade the series. Is it a mental block?? Why does this series confound me so badly? Do I just need to go purchase a batch of low cost, common date buffalo's and start studying them?
     
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  3. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Best Answer
    Real simple. To grade at least VF it requires a full horn, except when it doesn't. :confused:;)

    Hope that clears things up :wacky:
     
  4. Timewarp

    Timewarp Intrepid Traveler

    Maybe PCGS Photograde online or similar would help.
     
  5. medoraman

    medoraman Well-Known Member

    I agree they are kind of weird to grade. I have never been great at them either, even though I consider them to be our greatest circulating US coin design.

    Simply beautiful coin. An old dealer had a phrase about them I loved, "a quarter's worth of design on a nickel."
     
  6. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Best Answer
    Real simple. To grade at least VF it requires a full horn, except when it doesn't. :confused:;)

    Hope that clears things up :wacky:
     
  7. Aunduril

    Aunduril Well-Known Member

    Great series, definitely worth studying. Most are not very expensive so it may be worth your time to get some low grade and practice as you said.
     
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  8. longshot

    longshot Enthusiast Supporter

    I agree that they are challenging. Lots of variation in strike.
    Discerning a cleaning seems more difficult to me than other series also.
    I suppose looking at lots of professionally graded coins should help.
     
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  9. kanga

    kanga 65 Year Collector

    Yep, that's the way it works.
    Used to be that you had to see the tip of the horn to qualify for a VF.
    That criterion faded away (along with the horn's tip).
    I think it's slowly returning, but ...
     
  10. wxcoin

    wxcoin Getting no respect since I was a baby

    I will only buy Buffaloes with a full horn, but I'm a horny kind of guy!
     
  11. stairstars

    stairstars Well-Known Member

    Buffalophobia as a shortcoming...hmmm. :yack:

    I do admire a well struck gem from this series, but have a low tolerance for also-rans, in spite of owning a few. :smuggrin:
     
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  12. GDJMSP

    GDJMSP Numismatist Moderator

    You very well may be able to grade them just fine Randy. I suspect the reason you "think" you have a problem grading them is because of what you are comparing your ability to grade them to.

    In other words, don't judge your ability to grade the coins based on how somebody else (like a TPG) grades them. Instead base your grading of the coins on written and established grading standards. And let that be the determining factor of what the grade actually is.

    Ya see, you have no idea at all what standards the TPGs are grading the coins based on (and neither does anybody else) because they don't/won't tell us. And to make things even worse, if you compare coins the TPGs graded years ago to the coins they graded in recent times you'll quickly see that those grades don't match each other either.

    This is precisely why the mantra - buy the coin, not the slab - even exist, and it also explains how it came into existence.

    To put it another way, what buy the coin not the slab means is this - completely ignore what it says on the plastic and grade the coin yourself - and have trust in your own grade ! And as long as you grade the coin based on actual grading standards, you can do that and your grade will be right ;)

    edit - I'd add one more thing Randy. It's not your grading that's wrong - it's the grading you're comparing yours to that is wrong :)
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Read your Red Book and find the key. You are missing something in the grades. Sooner or later, it will click.
     
  14. Mountain Man

    Mountain Man Well-Known Member

    When I started collecting Buffalo's I found the strike differences the most difficult thing to judge. On one coin, the obverse was MS while on the reverse, it was VF due to strike. Some I looked at that the seller self-graded as MS I called BS because of the strike quality. I feel like it is an ongoing struggle that I will continue to have, so I understand where you are coming from Randy.
     
  15. J.T. Parker

    J.T. Parker Well-Known Member

    Fraser's nickel design would have made a really beautiful silver coin & I suspect the difficult/hardness of the nickel alloy has much to do w/ quality of each date's strike.
    However, I'm sure many of the other CT members have a wiser 'read' than mine.
    J.T.
     
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  16. wxcoin

    wxcoin Getting no respect since I was a baby

    I hear ya! I laugh at what some sellers of raw Buffalo's describe as MS; most severely over grade. On most raw coins I will never offer more than AU value unless it is obviously MS. The only raw buffalo's I buy have solid dates and full horns. I've been trying to complete a Dansco Buffalo album but find some key dates hard to find fitting my criteria. Probably most like that are in a slab.
     
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  17. baseball21

    baseball21 Well-Known Member

    To be fair, that's really just par for the course for raw coins and not unique to buffalos
     
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  18. wxcoin

    wxcoin Getting no respect since I was a baby

    Agree
     
  19. JeffC

    JeffC Go explore something and think a happy thought!

    On a slightly different but related topic, may I say something about the obverse of the coin? I suppose all the senior experts here already know this, but I didn't and when I found out, I thought it was very interesting. So let me share this with other newbies like me. The Indian head on the Buffalo Nickel is a composite portrait of THREE different Indian Chiefs: Iron Tail, Two Moons, and Big Tree.
     
  20. gronnh20

    gronnh20 Well-Known Member

    Buy Q. David Bower's book on Buffalo nickels.
     
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  21. Cheech9712

    Cheech9712 Every thing is a guess

    The’re an odd coin. Tuff
     
  22. Cheech9712

    Cheech9712 Every thing is a guess

    You are so helpful
     
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