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<p>[QUOTE="ziggy29, post: 28890, member: 1113"]Not really, not by the technical grading standards as they are today. Technical standards generally hold that hits, blemishes, scratches, et cetera, influence mint state grades but not the circulated grades. (Of course, in many borderline cases [say between F-15 and VF-20], graders will consider the eye appeal as a tiebreaker.)</p><p><br /></p><p>In circulated grades, the technical grade is based on the wear, and as long as any damage isn't excessive for the grade, it can be given that grade. For a 58, basically you should have essentially full luster and just a slight trace of wear. It doesn't matter if the fields are pristine or have a few hits; from a technical grading standpoint, both are AU-58 coins. </p><p><br /></p><p>Having said that, from a *market* grading standpoint, it's not unusual to find particularly nice AU-58 coins (the type I'm looking to find for my type set) "market graded" in MS-61 and MS-62 holders. Even when properly described as a technical AU-58, these often sell for MS-61 or MS-62 prices anyway (which I know all too well from experience), as they're often more attractive than even some MS-63 pieces. In fact, sometimes I think my greatest competition for these coins are from "crackout artists" who want to resubmit the coin and get it into a 62 or 63 holder.</p><p><br /></p><p>There have been some people who believe there should be an AU-59 grade, where eye appeal is specifically a part of the technical grade (like it is for mint state coins). Others believe that since the market already values the choicest AU-58 in the mint state tier, you might as well grade them according to where the market would value them, such as "AU-61" or "AU-62." </p><p><br /></p><p>So the bottom line is, both the nicked and not-nicked coins are 58s. But sight seen, the latter will draw a higher price despite the same technical grade.[/QUOTE]</p><p><br /></p>
[QUOTE="ziggy29, post: 28890, member: 1113"]Not really, not by the technical grading standards as they are today. Technical standards generally hold that hits, blemishes, scratches, et cetera, influence mint state grades but not the circulated grades. (Of course, in many borderline cases [say between F-15 and VF-20], graders will consider the eye appeal as a tiebreaker.) In circulated grades, the technical grade is based on the wear, and as long as any damage isn't excessive for the grade, it can be given that grade. For a 58, basically you should have essentially full luster and just a slight trace of wear. It doesn't matter if the fields are pristine or have a few hits; from a technical grading standpoint, both are AU-58 coins. Having said that, from a *market* grading standpoint, it's not unusual to find particularly nice AU-58 coins (the type I'm looking to find for my type set) "market graded" in MS-61 and MS-62 holders. Even when properly described as a technical AU-58, these often sell for MS-61 or MS-62 prices anyway (which I know all too well from experience), as they're often more attractive than even some MS-63 pieces. In fact, sometimes I think my greatest competition for these coins are from "crackout artists" who want to resubmit the coin and get it into a 62 or 63 holder. There have been some people who believe there should be an AU-59 grade, where eye appeal is specifically a part of the technical grade (like it is for mint state coins). Others believe that since the market already values the choicest AU-58 in the mint state tier, you might as well grade them according to where the market would value them, such as "AU-61" or "AU-62." So the bottom line is, both the nicked and not-nicked coins are 58s. But sight seen, the latter will draw a higher price despite the same technical grade.[/QUOTE]
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AU 58 with Nick on Coin?
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