GTG ANACS Woody

Anyone want to guess the grade? It is in an ANACS yellow slab. Remember it is a woody.

 

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64RB.

 

65bn would be my swag - but with a yellow ANACS holder it could be anything.

 

Nobody interested?

I will post an answer tomorrow.

 

GTG threads don't interest me, but I like woodies, and that one's a beauty. Nice find!

 

63+ RB, shot 64RB

 

64 Nice coin.
Edit to add. I would call it a 65.

 

Nice luster (not great, but nice) and nearly mark free. IMO, this is a 65. OK, it is a woody, so they should call it a 64 - right? Nope, they only called it a 63? I don't get it.

 

I don't get it either. I would call the coin a 65, but I said 64 since it's a woody. 63 makes no sense.

 

I'd have gone 64 on that. Despite being a bit undergraded, it's a nice woody.

 

I'm curious. Several people mentioned a lower grade due this coin being a "woody". I was under the impression that the MS grades were supposed to be relative to the condition of the coin relative to when it originally was struck, with mint state indicating no wear and the specific grade reflecting the amount of post strike damage from normal handling of uncirculated coins (bagmarks, etc). The coin in question appears to me to be pretty close to a mid- to high MS coin. If this were a solid brown coin, would it get a higher grade? If so, why? They both are caused by oxidation. To me this is not much different than a poorly struck coin getting a relatively high grade despite retained planchet marks.

 

And, perhaps most importantly, appearance. I happen to like coins like this, but the "experts" deduct for color variation.

Yes as explained above.

No, they are not both CAUSED by oxidation. Although the oxidation may make the alloy show differences, the root cause is a poor alloy mix. The lighter areas are higher in tin than the brown areas. You will notice this coin was graded BROWN despite most of it being mostly yellow. Although this one I would guess should have been RB, it got the brown because the yellow is actually oxidized.

 

You're right, I spoke imprecisely. I should have said that both color variations arise due to oxidation of the coin. The wood grain doesn't show up until the coin is oxidized.

 

Classic TPG woody bias. MS-64

 

If these variations are popular why would TPG put them down? Just to act like they know more and annoy people?

 

I don't think to act like they know more. Just some people like woodies and some do not. I think the problem is that the tpg's are inconsistent on how they treat woodies and that does annoy people.

 

Do woodies command a premium? Or is it a preference? I think I have a nice one in an old mint packaging somewhere

 

Mostly they sell below going rates, but I am sure some would command a small premium