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<p>[QUOTE="cladking, post: 1429714, member: 68"]This gets very complicated.</p><p><br /></p><p>It's ironic that the coin in question is a 40% silver bicentennial Ike because this coin comes with two distinctly different types of business strikes. The one pictured is the more common one with the lower mintage! These were made to mint set standards and struck on numismatic presses. This means new dies, lower speeds, and higher tonnage. The scarcer version was run off on standard presses and dumped in 55 gal drums. They are poorly struck badly handled and most were melted back in 1981 because of very poor sales. Even the few that were sold were often melted so they aren't seen often. In theory a coin run off on a standard press can be as nice or nicer than one made on a mint set press but in practice it's very unusual and in some cases you can spot the difference on every single coin made. Most SMS coins look SMS and all high speed Ikes look like high speed Ikes while all numismatic Ikes look like numismatic Ikes. This isn't due to handling alone but to strike pressure. </p><p><br /></p><p>All coins are "graded on the curve". This doesn't mean every date will have the same number of "A's and "F's, just that if there are no A's in a date and precious few B's or C's everything gets bumped up a little. Typical faults are especially overlooked. If it weren't for this there wouldn't even be any MS-64 '82-P quarters. '71 Ikes just don't come nice so to help fill the void at the high end a little some flaws will be overlooked or forgiven. A '71 that looks like an MS-65 silver Ike would grade MS-68 with a star, a bean, a happy face, or anything else they're passing out right now.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1429714, member: 68"]This gets very complicated. It's ironic that the coin in question is a 40% silver bicentennial Ike because this coin comes with two distinctly different types of business strikes. The one pictured is the more common one with the lower mintage! These were made to mint set standards and struck on numismatic presses. This means new dies, lower speeds, and higher tonnage. The scarcer version was run off on standard presses and dumped in 55 gal drums. They are poorly struck badly handled and most were melted back in 1981 because of very poor sales. Even the few that were sold were often melted so they aren't seen often. In theory a coin run off on a standard press can be as nice or nicer than one made on a mint set press but in practice it's very unusual and in some cases you can spot the difference on every single coin made. Most SMS coins look SMS and all high speed Ikes look like high speed Ikes while all numismatic Ikes look like numismatic Ikes. This isn't due to handling alone but to strike pressure. All coins are "graded on the curve". This doesn't mean every date will have the same number of "A's and "F's, just that if there are no A's in a date and precious few B's or C's everything gets bumped up a little. Typical faults are especially overlooked. If it weren't for this there wouldn't even be any MS-64 '82-P quarters. '71 Ikes just don't come nice so to help fill the void at the high end a little some flaws will be overlooked or forgiven. A '71 that looks like an MS-65 silver Ike would grade MS-68 with a star, a bean, a happy face, or anything else they're passing out right now.[/QUOTE]
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1971 Ike grade opinion?
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