Guess the grade #356

Discussion in 'US Coins Forum' started by rlm's cents, Apr 28, 2012.

?

1955-S NGC Grade?

Poll closed May 5, 2012.

  1. Genuine/details

    0 vote(s)
    0.0%

  2. 62

    2 vote(s)
    6.3%

  3. 63

    0 vote(s)
    0.0%

  4. 64

    7 vote(s)
    21.9%

  5. 65

    1 vote(s)
    3.1%

  6. 66

    12 vote(s)
    37.5%

  7. 67

    10 vote(s)
    31.3%

  8. 68

    0 vote(s)
    0.0%
Page 3 of 3
  1. GDJMSP

    GDJMSP Numismatist Moderator

    Not really Mike because the TPGs claim that they do not net grade. A net grade equals an average grade of the coin when the obv and rev grade differently. And the ANA guide definitively states that net grading is not accepted in the market.
     
    GDJMSP, May 4, 2012
    #41 + Quote Reply
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. rzage

    rzage What Goes Around Comes Around .

    But Doug , how often do the tpgs follow ANA grading , now they never do . Wish they gave an example with a higher obverse than reverse but they don't . But if they don't why did they write the obverse gets most of the weight of the grade . They probably wrote it the way they did , to give themselves leeway when market grading a coin .
     
    rzage, May 4, 2012
    #42 + Quote Reply
  4. rlm's cents

    rlm's cents Numismatist

    rlm's cents, May 4, 2012
    #43 + Quote Reply
  5. rlm's cents

    rlm's cents Numismatist

    Yes, these will end tonight, but I will not be entering another for a bit unless someone want to fix my water heater and breaker for me. Don't know when I will be back up.
     
    rlm's cents, May 5, 2012
    #44 + Quote Reply
  6. rzage

    rzage What Goes Around Comes Around .

    Sorry to hear that Dick , owning a house is a never ending battle . Take your time , we'll all still be here .
     
    rzage, May 5, 2012
    #45 + Quote Reply
  7. GDJMSP

    GDJMSP Numismatist Moderator

    I'm not saying the TPGs do follow the ANA book Rusty. Read what I said previously -

    Do you not understand what that means ? If you don't, let me put it a different way. What it is saying is this -

    The rules and standards listed in this book are the rules and standards used and followed by NGC and PCGS. And one of those rules is - "In reality, the 'market grade' of a coin is the lower of the two grades of its sides."


    Because the obv is the side of the coin that most often will show contact marks, hairlines, scratches, breaks in the luster, etc etc. The obv is the side with the large open spaces like the fields in front of and behind the central figure, flat smooth areas like the cheek and the neck. It is these areas that will most easily show everything detrimental that a coin can have. While the rev of the coin is often too busy with design features that hide or disguise the bad things.

    That's why they say the obv is the most important side.
     
    GDJMSP, May 5, 2012
    #46 + Quote Reply
  8. Leadfoot

    Leadfoot there is no spoon

    I sure wish Mr. Feld would comment in this thread.....
     
    Leadfoot, May 5, 2012
    #47 + Quote Reply
  9. ldhair

    ldhair Clean Supporter

    I think the luster put it to a 67.
     
    ldhair, May 5, 2012
    #48 + Quote Reply
  10. rlm's cents

    rlm's cents Numismatist

    I think I should manage to get the new set listed, but you will likely have to wait for the standing.
     
    rlm's cents, May 5, 2012
    #49 + Quote Reply
  11. rzage

    rzage What Goes Around Comes Around .

    When you put it like that it makes more sence , but somewhere it says they market grade coins too . So they sure gave themselves plenty of leeway either way , great for the tpgs , not so great for the collector . But even with their ever loosening standards it's still better than it was pre tpgs .
     
    rzage, May 5, 2012
    #50 + Quote Reply
  12. GDJMSP

    GDJMSP Numismatist Moderator

    Rusty, the ANA invented market grading. The ANA grading standards ARE market grading. The TPGs merely copied the ANA regarding that.
     
    GDJMSP, May 6, 2012
    #51 + Quote Reply
  13. rzage

    rzage What Goes Around Comes Around .

    Then I misunderstood what market grading is . I thought market grading was a more loose standard of grading , like letting cabinet rub on MS coins , guess it's time to reread both the ANA prefecaces and PCGS's .
     
    rzage, May 6, 2012
    #52 + Quote Reply
  14. GDJMSP

    GDJMSP Numismatist Moderator

    Rusty this line is a direct quote from the ANA grading standards book -

    "In reality, the 'market grade' of a coin is the lower of the two grades of its sides."

    And yes, most people do misunderstand what market grading is.
     
    GDJMSP, May 7, 2012
    #53 + Quote Reply
  15. mrbrklyn

    mrbrklyn New Member

    You make a good point that we are better off with the TPGs. But that doesn't mean they can't stand a little scrutteny



    No - this Penny is definitely an VF45.

    Ruben
     
    mrbrklyn, May 7, 2012
    #54 + Quote Reply
  16. mrbrklyn

    mrbrklyn New Member

    Say what???? Time for breakfast before you confuse me all together.
     
    mrbrklyn, May 7, 2012
    #55 + Quote Reply
  17. rlm's cents

    rlm's cents Numismatist

    55-S
    Great strike and luster, but there are nicks on Abe's lapel, in front of his nose, and a bunch of chatter above the "ONE". Nothing major, but it is all still there. I am pretty sure that is why NGC only called this a 66. There are definitely more and more obvious nick on this coin than the 42- so I agree with a 66 - of maybe a 66+.

    1955-S NGC 66b SL.JPG
     
    rlm's cents, May 7, 2012
    #56 + Quote Reply
  18. rlm's cents

    rlm's cents Numismatist

    No one is moving much lately. Good? Bad? I don't know, but this round, only BadThad and ddoomm1 flip flopped. No other changes.

    Top 10. Columns are rank, name, average, and number of guesses.
    1. ldhair 0.357 30
    2. BadThad 0.405 44
    3. ddoomm1 0.409 24
    4. Leadfoot 0.476 44
    5. Shoewrecky 0.512 43
    6. jcakcoin 0.543 48
    7. rzage 0.571 37
    8. mark_h 0.591 46
    9. swhuck 0.605 40
    10. Cazkaboom 0.646 50
     
    rlm's cents, May 7, 2012
    #57 + Quote Reply
  19. Melonsmash3r

    Melonsmash3r Coin Hoarder

    Ms 66
     
    Melonsmash3r, May 7, 2012
    #58 + Quote Reply
  20. BadThad

    BadThad Calibrated for Lincolns

    I was fighting with 66 only because of the right, reverse fields, a pretty good hit, some spots and a hit above E. There's a good size hit in the O but the other stuff around the O doesn't bother me as much because that's a strike issue. It has killer luster and I thought NGC might slide it as they're welll known to do.
     
    BadThad, May 7, 2012
    #59 + Quote Reply
Page 3 of 3
Draft saved Draft deleted

Share This Page