Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Got Wood?
>
Reply to Thread
Message:
<p>[QUOTE="illini420, post: 1058920, member: 19423"]I've seen many many PCGS MS65BN coins that look like they deserve a 66BN or 67BN based on the lack of marks and based on the luster of the coin... however, it seems that PCGS doesn't like to give out grades higher than 65BN on brown Lincoln cents too often... for example there are tons of MS64BN 1909 VDB cents and there are over 100 examples graded MS65BN... but less than 10 have made it to MS66BN. I've seen a couple of the 66BN examples and have owned over a dozen MS65BN examples of the date and it's hard for me to tell the difference between them. MS66BN coins are rare for pretty much all dates of coins and I'm not sure any MS67BN wheat cents have been graded, I know some early copper gets that high brown grade though.</p><p> </p><p>Similarly, PCGS doesn't really give out grades higher than MS66RB on red-brown wheat cents very often and MS67RB examples are rare for just about every date of wheat cent. I'm pretty sure no wheat cents have ever been graded MS68RB. </p><p> </p><p>In summary, the numerical grade of the coin is limited by the color of the coin. Though the graders may not come out and say it, that is definitely the case based on how they are professionally graded. You can have a perfect red MS70RD Lincoln, and if that one eventually darkens to RB or BN, it'll no longer be an MS70.</p><p> </p><p>An interesting question then arises when the professional grading companies have grade guarantees like both NGC and PCGS do. What happens if and when an MS68RD wheat cent turns red-brown in the holder after a few years of poor storage conditions??? While neither company has a 100% guarantee of the color of the copper coins, I know PCGS will still at least guarantee the numerical grade of the coin. So would they simply call the 68RD coin a 68RB to avoid a payout???? or would they knock the grade down to 67RB or 66RB and then compensate for the reduction in numerical grade??? My guess is that it would be the latter and even though no additional marks or spots or anything other than a slight color change occured, the grade of the coin would go down a point or two.</p><p> </p><p> </p><p>anyways, really cool woodies being posted lately!!!!!!!!!!!!![/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 1058920, member: 19423"]I've seen many many PCGS MS65BN coins that look like they deserve a 66BN or 67BN based on the lack of marks and based on the luster of the coin... however, it seems that PCGS doesn't like to give out grades higher than 65BN on brown Lincoln cents too often... for example there are tons of MS64BN 1909 VDB cents and there are over 100 examples graded MS65BN... but less than 10 have made it to MS66BN. I've seen a couple of the 66BN examples and have owned over a dozen MS65BN examples of the date and it's hard for me to tell the difference between them. MS66BN coins are rare for pretty much all dates of coins and I'm not sure any MS67BN wheat cents have been graded, I know some early copper gets that high brown grade though. Similarly, PCGS doesn't really give out grades higher than MS66RB on red-brown wheat cents very often and MS67RB examples are rare for just about every date of wheat cent. I'm pretty sure no wheat cents have ever been graded MS68RB. In summary, the numerical grade of the coin is limited by the color of the coin. Though the graders may not come out and say it, that is definitely the case based on how they are professionally graded. You can have a perfect red MS70RD Lincoln, and if that one eventually darkens to RB or BN, it'll no longer be an MS70. An interesting question then arises when the professional grading companies have grade guarantees like both NGC and PCGS do. What happens if and when an MS68RD wheat cent turns red-brown in the holder after a few years of poor storage conditions??? While neither company has a 100% guarantee of the color of the copper coins, I know PCGS will still at least guarantee the numerical grade of the coin. So would they simply call the 68RD coin a 68RB to avoid a payout???? or would they knock the grade down to 67RB or 66RB and then compensate for the reduction in numerical grade??? My guess is that it would be the latter and even though no additional marks or spots or anything other than a slight color change occured, the grade of the coin would go down a point or two. anyways, really cool woodies being posted lately!!!!!!!!!!!!![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Got Wood?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...