GTG I Like IKE

Discussion in 'Coin Chat' started by Evan8, Dec 27, 2016.

  1. Evan8

    Evan8 A Little Off Center

    Last coin of 2016
    2016-12-27-21-45-26.jpg
    2016-12-27-21-45-53.jpg
    2016-12-27-21-44-23.jpg
    2016-12-27-21-44-55.jpg
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Great color . . . do I see wheel damage on Ike's face, or is that on the plastic?
     
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  4. Beautiful rainbow toning on the obverse. Very nice coin.
    I miss the full size dollar coins.....
     
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  5. Evan8

    Evan8 A Little Off Center

    Combination of some spears on the plastic and then it's like the toning smeared across the cheak. No abrasions or hits though.
     
  6. Paul M.

    Paul M. Well-Known Member

    I grade it... WANT! :)

    Seriously, I'm gonna go with 64, just as a shot in the dark, because I can't really make out the luster from your photos.
     
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  7. ddddd

    ddddd Member

    MS 65; it likely just missed a STAR
     
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  8. rlm's cents

    rlm's cents Numismatist

  9. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

  10. 19Lyds

    19Lyds Member of the United States of Confusion

    PCGS 64 - NGC 65
     
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  11. ldhair

    ldhair Clean Supporter

    64
     
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  12. Rick Stachowski

    Rick Stachowski Motor City Car Capital

  13. mikenoodle

    mikenoodle The Village Idiot Supporter

    I see hits everywhere, you mean the hits aren't on the coin?

    W/ hits my grade is AU-53

    W/O my grade is MS-65
     
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  14. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    MS63. Nice toning.
     
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  15. chascat

    chascat Well-Known Member

    64
     
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  16. baseball21

    baseball21 Well-Known Member

    It's an Ike, that's normal
     
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  17. Evan8

    Evan8 A Little Off Center

    No it has some hits. Typical of an ike
     
  18. Cascade

    Cascade CAC Variety Nerd

    I'm going out on a limb here and saying 65+*. NGC is very generous with Ikes and 71d is typically very weakly struck. Don't tell me they 58'd it
     
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  19. mikenoodle

    mikenoodle The Village Idiot Supporter

    Then I say AU-53
     
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  20. baseball21

    baseball21 Well-Known Member

    Are all Morgans below 66/67 AU's as well from some hits?
     
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  21. SuperDave

    SuperDave Free the Cartwheels!

    Caveat: What I know about grading Ikes fits into a thimble.

    It was difficult for me to consider this coin Mint State at first. With other issues, once the number of little hits reaches some subjective tipping point, you then begin assuming it's circulated simply because there's no way for that many hits to accumulate without the coin being out in circulation. There's no_way I'd call a Morgan with this many hits Uncirculated, for instance.

    Looking closer, at the spots where one might expect circulation rub to first manifest - not that I know those specific areas on Ikes, but extrapolation from knowing where coins in general show circulation wear isn't inaccurate - I begin believing the coin is Mint State. The edge of the ear and jawline seem like they'd lose their original finish quickly, as does the raised feature forming the top line of the eagle's head and wings. Neither seem to show any dulling. Further, there's a big reeding hit in the tailfeathers which still looks as sharp as the moment it happened, and in circulation I'd expect that to snag any finger or pocket material within reach and begin wearing down quickly.

    OK, so it's Mint State. Stepping completely away from "how TPG's grade Ikes," since I just looked at a few and walked away rather bemused (being generous), I couldn't offer this one much more than 64. When contemplating a grade, I have to think that, since Ikes are essentially completely flat, offering very little difference in relief by comparison to a more complex design (again, I'm trying to be generous here :) ), one must sort of grade them "on a curve." There are no high points to deflect random impacts. It's like comparing the surface of the Moon, where there's nothing to stop a meteor, to the surface of the Earth with active geologic and weather patterns wearing and masking impacts quickly.

    So, much as I'd like to say 61-62, 64 it is. Wouldn't surprise me if the slab says 65, maybe even with a star. With all of the above said, it's a coin with a ton of eye appeal between the delicate color and no major individual hits (aside the one in the tailfeathers, which is camouflaged to an extent). The second set of images is probably much more like what you'd see holding the coin in-hand at your desk.

    I couldn't see myself collecting these below 66 or better.
     
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