What would you grade this? 1934 wheatback

Low MS, in my opinion, nice '34.

 

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In the past, I would have said its a nice 55-58. Today, maybe 62.

 

Since there were no MS grades I hit 58, but I thought immediately it would be 62-63. But to answer on of the OP's questions, no, it's not worth getting slabbed by a TPG. Pretty coin, though.

Steve

 

@eddiespin & @Robert Ransom I included AU details because I thought it might be an option, I guess I need to do some more reading up on the particulars of the 70 point scale as well I didn't think it was quite good enough for low MS but that's why I posted it, to get other opinions lol. I will try to get a good pic of the obverse without flash.

 

Great response. Perfect logical answer.

 

this isn't much better...
I really appreciate everybody's opinions and tips on this so far

 

There is enough high point rub/circulation on that coin to warrant an AU grade. I would think AU55 maybe AU58. But I think there is enough light surface scratches to keep it from 58.

 

Agreed...new pics reveal some high point ware and a few more nicks. I will retract my MS grade and drop to a AU something. Nice album coin but don't slab it.

 

look at the right scolded.

 

You’re right about the pics. I lightened them the best I could. Some I see one grade some I see another.

Here’s your bottom line on this question. There’s a pocket change differential in price between high AU and low MS on these as there were over 200 million minted. The wear if it’s there is in the cheek and jaw area on this one, which is always where you want to start when they’re this close. Other pics show more or less wear. Put AU58 on it and enjoy it. If it’s more or less, let the buyer figure out where he or she is on it, you won’t be defrauding anyone with that grade on it.

 

NICE KOIN

 

I agree with AU - possibly AU details .

 

hey William F you got one fine coin my friend. i voted AU58 just because its a circulated coin. great find. good luck man

 

If lacquer is suspected, it can be removed with an acetone wash.

 

MS-64

 

MS-63 / MS-64 based on the photos, which, depending on which ones you're basing your assessment, can be confusing. I'd have to see it in hand.

 

What I find most interesting about this coin, is the reverse.
It has no digs and dents, from the rims of other newly minted coins, landing on it.
Conversely the obverse has many, as expected on a mass production coin.
The photos of the obverse are not the best, but do show the aforementioned damage.
This coin by nature of the fact that it was found in a roll, unless of course, it was a mint fresh one, of 1934 vintage, must have been circulated, even if very little. At least it must have gone through a machine in the re rolling process.
I notice that the normally sharp wire edge to the rim, between 4&6 o’clock on the obverse, and my first stop when grading, is worn down, and it may possibly have been head down, in a draw for some of its life.
I am going to hazard a guess, that it was the best of a roll of 1934 Uncirculated, weakly struck obverse, worn due, Wheatie’s.

 

What I find most interesting about this coin, is the reverse.
It has no digs and dents, from the rims of other newly minted coins, landing on it.
Conversely the obverse has many, as expected on a mass production coin.
The photos of the obverse, are not the best, but do show the aforementioned damage.
This coin by nature of the fact that it was found in a roll, unless of course, it was a mint fresh investment roll, of 1934 vintage, must have been circulated, even if very little. At least it must have gone through a machine in the re rolling process.
I notice that the normally sharp wire edge to the rim, between 4&6 o’clock on the obverse, and my first stop when grading, is worn down, and it may also possibly, have been head down, in a draw for some of its life.
I am going to hazard a guess, that it was the best of a roll of 1934 Uncirculated, weakly struck obverse, worn die, Wheatie’s.

 

What I find most interesting about this coin, is the reverse.
It has no digs and dents, from the rims of other newly minted coins, landing on it.
Conversely the obverse has many, as expected on a mass production coin.
The photos of the obverse are not the best, but do show the aforementioned damage.
This coin by nature of the fact that it was found in a roll, unless of course, it was a mint fresh one, of 1934 vintage, must have been circulated, even if very little. At least it must have gone through a machine in the re rolling process.
I notice that the normally sharp wire edge to the rim, between 4&6 o’clock on the obverse, and my first stop when grading, is worn down, and it may possibly have been head down, in a draw for some of its life.
I am going to hazard a guess, that it was the best of a roll of 1934 Uncirculated, weakly struck obverse, worn due, Wheatie’s.