Guess the grade # 5

Discussion in 'Coin Chat' started by Mark T, Apr 19, 2010.

  1. Mark T

    Mark T Junior Member



    O geez I hurt your feelings. Thank you for showing all of us your true colors.
    If I stuck the coins up my A-- would that adversely affect the grade , and if I used my thumb to place them there would my coins then be considered thumbed by your standards?
     
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  3. Leadfoot

    Leadfoot there is no spoon

    Hey guys, please relax -- we are all fellow coin collectors.

    Rather than fight about it, why don't we post a few coins that HAVE been thumbed so we can all learn what to look for and how to identify it. :)
     
  4. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Agreed.
    Or how about this change of venue:

    This thread has been moved to PCGS forums


    ;)
     
  5. Speedy

    Speedy Researching Coins Supporter

    SE and Mark -
    Both of you guys better cool it - this is not the PCGS forum. If you don't like something, then move on...you aren't forced to comment.

    Speedy
    Moderator
     
  6. Mark T

    Mark T Junior Member

    This coin is obviously thumbed !!
     

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  7. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    I think you need to work on your cuticles :D
     
  8. Mark T

    Mark T Junior Member

    I agree !!
     
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Guys, I ask you both - let it go. There are ways to discuss things, and disagree, without the nonsense. Now you have been warned by a moderator already. I am now asking politely. I won't be so nice in the future.
     
  10. Mark T

    Mark T Junior Member

    I am done with the arguing . SE if I insulted you I apologize, it was not really my intention.
    GDP please grade those coins I posted.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    The FH dollar, my grade, tough call between VG10 & F12. I would probably go with 10 as their is not quite enough obverse detail left to warrant the 12 IMO. Nice probelm free example :thumb:

    I suspect PCGS said F12. But PCGS net grades these coins and they are deplorably inconsistent when grading them because of that.

    The Bust half, my grade AU53. Too much wear (lack of luster) in the fields to warrant any higher IMO. Also apparent wear on the talons and arrows. Were it not for that it would have a shot at 55.

    I suspect PCGS said AU58, too much obvious wear on the reverse for even them to call that one MS I think.
     
  12. Mark T

    Mark T Junior Member

    The FH dollar was graded VF 30 by ICG when I bought it for VF 15-20 money . I sent it to NGC with a minimum grade for a cross at VF 20 , They would not cross it . PCGS did cross it at VF 20 . I have seen coins that look similar in F 12 – VF 25 Holders from both NGC and PCGS . The high relief on this coins die state makes grading it difficult.The 1818/7 Bust was in an ANACS Holder at Au 55 . I sent it to PCGS with a minimum grade of Au 50 for a cross. Au 55 was to generous as the luster barley made it into the fields and the surface was a bit marked up for a Au 55. I paid Au 50 money for the $600 for the Bust Half .
     

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  13. GDJMSP

    GDJMSP Numismatist Moderator

    If I may ask Mark, when did PCGS grade that dollar as VF20 ? Doesn't surprise me too much though, as I said they are terribly inconsistent on these.

    As for the Bustie, what did PCGS say ? It is a bit unclear in your post.

    By the way, it seems you and I are not so far apart all the time ;)

    edit - something I forgot to comment on. It's not so much that I won't accept TPG standards, but that is true in some cases. In others it isn't, or at least it didn't used to be. I was, and still am, a great fan of the TPGs. They have IMO done more good for this hobby than any other group or individual could even think about.

    Where I really get into a problem with them is when they refuse to follow their own standards. You see, I guess I require consistency. Even more, I think the hobby, all of us, deserve a level of consistency. And over the past 5 to 6 years the TPGs have not given it to us. To me they have betrayed the trust that was given to them. Too many people have gotten to the point that they just blindly accept the grades assigned by them.

    And the TPGs need to be called on it. Over-gtrading needs to be pointed out. People need to be educated, taught again to trust their own eyes. To question the grade assigned when your own knowledge tells you it is not deserved.

    Try reading David Halls speech given when the TPGs were new. The current situation is an echo of what he described as existing before PCGS came along.
     
  14. Mark T

    Mark T Junior Member

    I sent the FH dollar to PCGS last October of 2009. I had sent it to NGC first.
    The Bust Half was originally graded AU 55 by ANACS. I sent it to PCGS with Au 50 listed as a minimum grade for a cross. It crossed at Au 50 and was subsequently certified by CAC at Coin Fest in October of 2009. It is a great looking Au 50 .

    Here is another coin that I crossed at PCGS recently . This one was in a Old ANACS holder and crossed at the same grade. Some hints – the coin has great luster and has fantastic eye appeal, there are no issues with the coin . This coin is also CAC certified .

    I have a lot of Bust Half’s so this thread could go on for a while :-}
     

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  15. Mark T

    Mark T Junior Member

    I have been collecting coins for 40 years. During that time I took a break of 20 years from 1988 up until 2 years ago when I started to collect again . It was a steep leaning curve but I spent a lot of time educating myself to get back up to speed. When I started buying coins again early in 2008 I was one of those guys who believed what ever was on the slab . That changed quickly as I began to educate myself on how the hobby had evolved over the years and that the TPG’s do get it wrong a lot. Buying site unseen has a lot of pitfalls so I have Mark Feld pre screen all of my major purchases prior to me bidding . Mark has a sharp eye and knows what to look for in a coin as well as what I am looking for . I usually do not ask him to pre screen the CAC stuff for reasons that should be obvious from all my past posts :-} . For me CAC is added insurance that the coin I am buying is properly graded. I do have coins that CAC has rejected that I keep in my collection for the simple reason that I like them , all the others I sell.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    One thing for sure, you won't go far wrong with Mark. He and I don't agree on everything, (who does?) but for the most part we do. I have recommended him to many, beginners and advanced collectors alike.
     
  17. ksparrow

    ksparrow Coin Hoarder Supporter

    I can see that FH half as a VF-- there is relief in the hair above the brow, and nice detail in the rev. leaves and eagle wings.

    The coin in the first post- I thought AU58, because I associate dark metal on high points with rub. I believe (translation, my OPINION) that it is market graded MS because it is exceptionally nice looking and coins this attractive, with original, undipped surfaces, easily sell for MS money. I don't believe that either PCGS or CAC grade to some absolute, technical standard. They grade according to what the market supports and demands. Take a look at the thread on the CU forum about the Sonnier toned Morgans-- technically, some of those coins are overgraded-- but on eye appeal they are off the charts-- and the official grades-- and selling prices-- reflect that.
     
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