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1794 S-50 Liberty Cap Large Cent
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<p>[QUOTE="beef1020, post: 2071243, member: 24544"]Net grading is basically your sense of how much to deduct from the coin due to flaws. There is no standard per se, but there are some general guidelines. Basically, you are trying to compare problem coins with non-problem coins. So, for the same amount of money at what point would you take your coin over a problem free example. The 15 net 6 grade indicates that I would pay the same amount for a problem free 6 and your coin. That's the basics, when it comes to coins like yours, considered scudzy, they sell for a significant reduction compared to problem free. So your coin at 15 net 6 would be in the $700 range while a problem free 6 would be in the $3,000 range.</p><p><br /></p><p>For me, the higher the original sharpness grade, the more I deduct for problems. Man made problems, like scratches/dings, get a higher deduction then natural ones, like corrosion. For your coin, I see sever corrosion, cleaning, and that active green corrosion. The corrosion alone would knock the grade around half, add in how unattractive the corrosion and cleaning are and I take a couple more off. Mainbill posted a nice 94 a couple weeks ago showing a coin with pretty sever corrosion while also being very attractive, so there are no hard and fast rules.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 2071243, member: 24544"]Net grading is basically your sense of how much to deduct from the coin due to flaws. There is no standard per se, but there are some general guidelines. Basically, you are trying to compare problem coins with non-problem coins. So, for the same amount of money at what point would you take your coin over a problem free example. The 15 net 6 grade indicates that I would pay the same amount for a problem free 6 and your coin. That's the basics, when it comes to coins like yours, considered scudzy, they sell for a significant reduction compared to problem free. So your coin at 15 net 6 would be in the $700 range while a problem free 6 would be in the $3,000 range. For me, the higher the original sharpness grade, the more I deduct for problems. Man made problems, like scratches/dings, get a higher deduction then natural ones, like corrosion. For your coin, I see sever corrosion, cleaning, and that active green corrosion. The corrosion alone would knock the grade around half, add in how unattractive the corrosion and cleaning are and I take a couple more off. Mainbill posted a nice 94 a couple weeks ago showing a coin with pretty sever corrosion while also being very attractive, so there are no hard and fast rules.[/QUOTE]
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