Sorry, but I'm not buyin' it . . .

Discussion in 'US Coins Forum' started by ToughCOINS, May 24, 2021.

  1. baseball21

    baseball21 Well-Known Member

    There's no such thing as a darn near perfect clad business strike ike, it is notoriously one of the worst made series ever.

    But yes that grade was a bit generous and theres basically no chance that would stay a 66 at PCGS or NGC

    That's simple not true. Eye appeal is a very minor part of the grade. Luster and surfaces are a bigger part of the grade and are under any system of grading.

    Again that's just simply not true

    The whole market grading thing gets so blown out of proportion by so many people on forums that so many people have this very distorted view of what it actually is
     
    OldSilverDollar likes this.
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  3. Razz

    Razz Critical Thinker

    After looking at the OP coin and the 66+ coin on PCGS, maybe mine is a 65...:rolleyes: DSCN2883~2.JPG DSCN2884~2.JPG
     
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    This is one of the best well struck Ike’s I’ve ever seen. At least it’s mine.
    62D506DA-2FC5-4541-84E4-866A0241BDE5.jpeg 650FF50A-A4A8-45C2-A800-B88E83F51BDD.jpeg
     
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  5. eddiespin

    eddiespin Fast Eddie

    Easy explanation, that's not a technical grade. A technical grade would grade down for those marks, putting the grade at low MS. Technical grading overlooks ugliness as well as prettiness as they've nothing to do with state of preservation and would only bias the technical or condition grade by introducing frivolity into that grade. I don't know what that ANA grade is. As you seem to suggest, it can't be a market grade, based on eye-appeal, as even that frivolous criterion is breached.
     
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  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I’ve opened and pawed through perhaps a dozen mint sewn bags, and can attest that almost all of the marks we see are pre-strike. Still, this is one very homely coin, and especially so for the grade. When the TPGs will penalize a nice coin for one decent sized mark well hidden in hair or other details, yet not penalize this coin, they are subverting value grading to technical grading to an extreme.

    I think the consensus here is that no one would consider spilling anywhere near ms66 money for this coin. ANACS would do well to learn something from this thread, if anyone connected to them happens to be reading.
     
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  7. dwhiz

    dwhiz Collector Supporter

    I wouldn't by either. No way it's 66.
    The only Ikes' I have are in type sets, oh wait I may have a couple of loose ones.
     
  8. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Here is one that just sold,
    I am having a hard time, seeing the difference between the two.
    One the OP's coin has possibly just been dipped and the marks are definitely being exaggerated in the photos.
    The PCGS example is toned over and the marks are a bit muted
    https://coins.ha.com/itm/eisenhower...-23952.s?ic4=ListView-ShortDescription-071515
    I will add another from NGC that still has it's original skin, but a bright white coin.
    https://auctions.stacksbowers.com/lots/view/3-Q8ZB9/1973-eisenhower-dollar-ms-66-ngc
    Just saying the ANACS coin still does not meet the standards of either coin because I think it has been dipped/cleaned and needs a skin on it.
     
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  9. Long Beard

    Long Beard Well-Known Member

    I use Coin World's Making the Grade, which states: "Uncirculated. No trace of wear. May have a few light, minute contact marks. Must have full luster. Very pleasing eye appeal; may exhibit uneven toning.". I'm certain that Photograde and others are very similar in wording. So, are the grader's not following these same guidelines? No way that is an MS66 if they are.
     
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  10. eddiespin

    eddiespin Fast Eddie

    I agree, they're inconsistent. But then, that's, to a large degree, market grading, as market grading, by definition, gives that room for inconsistency. Eye appeal isn't any strict standard collectors can hold these TPGs to. That's why they love market grading.

    They say they're grading for their markets, i.e., the markets for their labels, their slabs. Thus, the PCGS Price guide is for their coins, NGC's is for theirs, and none are for raw, uncertified coins. Looking at it that way, this grade is what ANACS says their market should be at for this coin, as that's where it rates compared to the others in the series ANACS graded. Or, they just blew it, it's a freak.

    I know, I know, but these are immutable grades! I'm not saying you're saying that, but a lot do think that way. Well, go on, that's not right. None of these grades are immutable. They're market grades--based on looks, there's the standard. And they're just for their market. They're how they evaluate their market for their labels. They're selling labels. That's their business. And the ones that market them the best, get our business. Ah, I can go on...
     
    Last edited: May 25, 2021
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  11. JimsOkay

    JimsOkay Active Member

    I probably would have spent it.
     
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  12. cplradar

    cplradar Talmud Chuchum


    only from MS66 and up.
     
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  13. cplradar

    cplradar Talmud Chuchum

    I would need to see this in the hand to really judge it. These kinds of makrs are very exaggerated by photography.
     
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  14. cplradar

    cplradar Talmud Chuchum


    Not 1973 P Ikes. they were mint packaging only
     
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  15. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Fair enough, but they were all made the same way, and you’d expect the 1973 Ike’s to look like other years, which they do.

    Generally, the Denver coins are more attractive than their Philly counterparts, in large part because of the pre-strike marks previously mentioned. This pretty much applies to Ike’s of all years.
     
  16. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    I couldn't disagree more @Razz
    If the OP'ers Ike is a 66+, yours is a 71 ;)

    The original coin in this thread is an abomination of the TPG process. ANACS should be utterly embarrassed to have their name associated with that slab/coin.
     
  17. Ike Skywalker

    Ike Skywalker Well-Known Member

    This is EXACTLY correct. I've photographed hundreds of Ikes, and I can attest that annealing chatter can present itself in the most exaggerated way. If anyone here were to look at this coin in hand, it would look a lot nicer- maybe not 66 nice, but most of the marks wouldn't even show themselves unless under harsh lighting.
     
  18. Ike Skywalker

    Ike Skywalker Well-Known Member

    Yes, the '73 and '76 Philly Ikes suffered pre-strike planchet anomalies far worse than any other year.
     
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  19. Ike Skywalker

    Ike Skywalker Well-Known Member

    Check out these '76-P Ikes that I opened from mint sets. Look at the reverse for the first one!

    76 T1 b.jpg

    76 T1 c.jpg

    And check out this '73, also from a mint set. :eek:

    IS 73.jpg
     
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  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    Very true and well said.
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    They should be embarrassed!
     
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