Rare/Key Date "Grade Bump"

Discussion in 'Coin Chat' started by cremebrule, Jul 5, 2012.

  1. cremebrule

    cremebrule Active Member

    I've come to understand that if a coin is considered a key date or "rare" (ex: 16-D Merc or 1877 IH), it gets a "grade bump" if slabbed by a leading TPG. How much of a bump is this exactly? Also, could someone please explain to me the logic behind this new standard? As far as I'm concerned, it's lying. A VF30 is a VF30; who cares what date/mm is on the coin? Just one more reason to buy the coin, not the slab...

    Help appreciated :confused:
    -CB
     
    cremebrule, Jul 5, 2012
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  3. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Who said this is normally the case? I have found the exact opposite at times.
     
    Morgandude11, Jul 5, 2012
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  4. dsmith23

    dsmith23 Gotta get 'em all

    Where did you hear this?
     
    dsmith23, Jul 5, 2012
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  5. rickmp

    rickmp Frequently flatulent.

    From personal experience, not true.
     
    rickmp, Jul 5, 2012
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  6. cremebrule

    cremebrule Active Member

    I first heard it on one of these coin boards; a member was showing how a 1877 Indian Head cent graded X (I forgot the grade/article) and a common date Indian Head cent graded X as well looked similar but obviously different in the amount of detail left.

    And I was reading an article recently and apparently David Hall also believes price goes into a coin's grade.
     
    cremebrule, Jul 5, 2012
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