Just how do you grade this?

Discussion in 'US Coins Forum' started by Fullbands, Jan 29, 2012.

  1. Fullbands

    Fullbands Certified Authentic Details

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  3. jloring

    jloring Senior Citizen

    Ahhh... the first elongated coin (well, according to some sources). I agree though, seems strange to assign a MS grade to this.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Well, first of all you have to realize that you are not grading what it used to be, you are grading what it has become. It is a token, nothing more. And tokens are graded.

    Consider - would you have any problem with grading a freshly minted Lincoln cent ? Doing that is no different than grading this token. How - why ? It's pretty simple. Before that Lincoln cent existed it was a planchet. That planchet was flattened when it was struck. No, it wasn't flattened to the point that it was no longer round, but it was definitely flattened.

    And that's all that happened with this token. The IHC was the planchet in this case. And it was the planchet that was flattened. The token on the other hand is no more flattened than the Lincoln cent would be. So the token, just like the Lincoln cent can be graded.

    You don't grade the planchet, you grade the coin or the token.
     
  5. Fullbands

    Fullbands Certified Authentic Details

    Thank you. Very understandable. Not being taken by tokens, I don't get into that world very often. It was an intriguing piece, but I lay down awhile and the urge to bid passed. I had thought about it as a birthday present for my IHC smitten brother, but alas it exceeded my $20 limit.

    Rick L.
     
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