Got this little guy in change the other day and that got me to thinking about the grading of these that have managed for whatever reason to have found their way into circulation, given that the manufacturing process is different/better than that for the regular business strikes. I guess once these are out you just grade them G to AU, comparing them against the circulated, regular business strikes. Or let me ask it this way, does "the sheet" list grades/values for this (Type II Clear S?) in circulated condition? Color is a little "off," don't know what happened there with the white balance, but there's actually some nice luster still left, and it's still a pretty sharp-looking strike, overall. Thanks.
You grade them the`same as a circulated business strike coin except the grade you give will be "Proof" with a numerical grade, e.g. PF-XX. For example, you might grade a lightly-circulated Proof coin "PF-55". You would not grade it "AU-55" because it is still a Proof coin.
Thanks Hobo. That's how you distinguish these. Just BTW, do you or anybody else know if this coin would be listed anyplace in the circulated grades? I'd think that'd be tough because there probably aren't very many of these in those low grades. But I can't get any benchmark value comparing it to a regular business strike in the same grade because there aren't any regular business strikes on this date/mm. As such there's nothing, no price guide, to tell me whether this grade should fetch $.75 or $1.15 or what, because there aren't any '79-S business strikes. Or is there a price guide someplace on these?
Don't think there's a seperate price guide for impaired proofs ,PCGS might list them in there guides . I think IMO it would be what a campareably graded MS coin would , + a small premium for the sharp strike , and type . rzage:smile
That's exactly how I'm thinking, rzage. So somebody want to take a whack at this based on these rather small, somewhat off-color pics? I'll call it a spotted EF. Or is that my bias showing?
I can use the education, so here we go. If you can also value it then explain how you arrive at that maybe this hard head of mine can learn something. Throwing in this 69-S, too, Doug, just because the strike looks as good, so I'm wondering if you can tell if it's a proof. Much better luster left than on the 79-S. The 69-S, too, is a circulation find.
According to my Red Book, in 1969 the San Francisco Mint produced both Proof cents and business strike cents. You would need to look for Proof indicators on your coin (e.g., square edges and flat rims) to determine if your coins was struck as a Proof or a business strike. 1979-S cents were Proof only.
The 79 is a proof , per what Hobo said , you can still see the sharpness of strike and cameo effect , the 69 looks more like a business strike they made over 547,000,000 of them . JMO rzage bEING ONLY $1 in P-63 , probably noy worth much even if it was a impared proof . JMHO
Thanks guys. Hobo, the 69-S doesn't have that flat rim like I can see the 79-S has; thanks for that cue.
