A question about mint state

Okay I just found a very very very nice 1969 s penny. Looks like it's mint state, not a darn thing wrong with it except the edge and the rim has some heavy oxidation, not exactly full steps but close. I am just wondering if that would affect the grade, if the oxidation does not reach the fields and devices of the coin? And if it does affect the grade of the coin, how much does it affect it's on the rim and edge? What about just the edge? Would the coin go down in value if the edge and not the rim. Or is it supposed to be 100% around the entire coin?

 

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Definitely need some pics.

In general. Light toning where professional graders typically hold coins with bare hands shouldn't matter.

 

Well I really don't need to post the pictures I am asking in general if the oxidization doesn't reach the fields or devices that should be enough description i would think. No matter what the grade of the coin is. I'm not asking what the grade is lol. I'm just wondering if the rim/edge is with the description of the grade. I would think the rim would make it down graded due to the fact it's visible.

 

Yes the issue would affect the grade.
Also. They don't attribute Full Steps on a Cent, only Nickels.

 

Yes. It can effect the grade but it's a minor issue unless the toning looks like black spots. Not being in the fields is good.

 

You have described a coin with a dark edge. If it is just dark and smooth (toning) it should not affect the grade. If the edge is corroded (advanced oxidation) it will.

 

Hard to say without pictures of the coin. You may not need them but I do to form an opinion.

 

Sounds like it was in a cardboard holder (like a snap closure Whitman) and exposed to high moisture. I see many like that. Yes, it will affect grade and value, which unless it's a rare variety, is already quite low. The area you describe has the nickname "the third side of the coin". By the way, I am entirely okay with discussing aspects of coins without pictures. I have an imagination AND experience AND I write for a living.

 

In my opinion it doesn't affect the grade, but it can result in it becoming a details grade. In other words a problem coin, and it WILL affect the value. Typically reducing it significantly.

 

Pics?

 

I disagree. As someone who spent over 29 years in the photography business, trust me, the usefulness of pictures in numismatics is over-rated.

 

That is so incredible AND interesting... Please tell us more!

 

As someone who had one photography class in college, I disagree. However, I will say that the quality of images by the average "Joe" with a cell phone is not the same as many of the professional images on the Internet.

 

Ok so I am pretty sure that it is not mint state, but I think it's about AU, if even that. But I was more creating a scenario to answer a question if I ever do find a mint state condition coin in this kind of condition but a little better. As you can see the fields and devices are affected by the oxidation, but never really saw it like this so I posed this question in my head. Wasn't really trying toake something seem like something else, probably the reason why I didn't want to post pictures lol. But here they are. The rim and edge are black and the fields and devices look purple in the affected areas

 

The guy I got them from said that the entire roll of pennies were like that and they were all the same date and mint mark he said.

 

Again I wasn't asking about my coin. I am asking about future coins that are mint state in the fields and devices, but the rim and edge are black/brown. Shouldn't need pictures with a description lol

 

Yes. MS, I believe and not so bad at all but.......

Yes. It will affect t the value and be a details grade.

Thanks for the pics. I have a poor ability to visualize some things in my minds eye.

 

That is classic long-term paper roll wrapping toning and it is a "no foul" situation. I believe that one will numerically grade and will be in the MS64-65 range, probably.

 

I like the sound of that thank you everyone for looking at my coin and giving me answers