Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
My first Mercury
>
Reply to Thread
Message:
<p>[QUOTE="asciibaron, post: 216528, member: 8566"]as promised, here's the reasoning.</p><p><br /></p><p>my dad bought it as an MS-63. i used his 8x glass to look it over and while i was excited to have such a nice coin in my hands, i also knew i was being tested - my first test to see if i really knew anything about grading coins. dad's are like that some times. i am a bit of a harsh grader to start with and an MS-63 from me would mean the coin was damn near perfect.</p><p><br /></p><p>i moved the coin around under the light of the dining room fixture a few times and then decided that this coin was less than an MS, rather an AU-58. i quickly checked the Red Book and came up with a price of $35.00. i handed him the coin, told him the grade and stand firm price. he half smiled and nodded his head, looked at the coin with his glass and handed it back. he then said "AU-58, 35 bucks huh?" i said "Yeah, 35, no less."</p><p><br /></p><p>he told me what he paid and i was confused. he gave me the coin to take home and look at carefully. i spent an hour once i got home inspecting the coin. the reverse of the coin is flawless, save the die polishing on the E and mint mark. i couldn't figure out why he paid an MS-63 price unless i stopped using the 10x glass and switched to the 3x. the cabinent friction marks on the top edge of the wing, the top row of feathers, and braid dissappeared. </p><p><br /></p><p>this morning i called him up and asked him what the deal was - did i have it right - he missed the friction marks? he fessed up to looking at the coin rather quickly in poor light and thought he had an MS-63 in his hands. he then told me i had just learned a valuable lesson - that even a person who has been looking at coins for 40+ years sometimes makes a mistake. </p><p><br /></p><p>i gained a ton of respect for my dad during that conversation this morning and for being not only a great mentor, but also a loving father. i got a lesson in grading, a beautiful coin and a gift, and mad respect from my father. i tip my hat to you dad.</p><p><br /></p><p>-Steve[/QUOTE]</p><p><br /></p>
[QUOTE="asciibaron, post: 216528, member: 8566"]as promised, here's the reasoning. my dad bought it as an MS-63. i used his 8x glass to look it over and while i was excited to have such a nice coin in my hands, i also knew i was being tested - my first test to see if i really knew anything about grading coins. dad's are like that some times. i am a bit of a harsh grader to start with and an MS-63 from me would mean the coin was damn near perfect. i moved the coin around under the light of the dining room fixture a few times and then decided that this coin was less than an MS, rather an AU-58. i quickly checked the Red Book and came up with a price of $35.00. i handed him the coin, told him the grade and stand firm price. he half smiled and nodded his head, looked at the coin with his glass and handed it back. he then said "AU-58, 35 bucks huh?" i said "Yeah, 35, no less." he told me what he paid and i was confused. he gave me the coin to take home and look at carefully. i spent an hour once i got home inspecting the coin. the reverse of the coin is flawless, save the die polishing on the E and mint mark. i couldn't figure out why he paid an MS-63 price unless i stopped using the 10x glass and switched to the 3x. the cabinent friction marks on the top edge of the wing, the top row of feathers, and braid dissappeared. this morning i called him up and asked him what the deal was - did i have it right - he missed the friction marks? he fessed up to looking at the coin rather quickly in poor light and thought he had an MS-63 in his hands. he then told me i had just learned a valuable lesson - that even a person who has been looking at coins for 40+ years sometimes makes a mistake. i gained a ton of respect for my dad during that conversation this morning and for being not only a great mentor, but also a loving father. i got a lesson in grading, a beautiful coin and a gift, and mad respect from my father. i tip my hat to you dad. -Steve[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
My first Mercury
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...