To grade or not to grade? (2015 P penny)

But when it stated the GO in God what am i looking at? What exactly about the GO? shape of the letters? thickness?

 

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i never thought about that aspect ofm these forums You become so friendly with one another and then one day poof! they just are not here anymore. So sorry for the losses and hope they turn up well

 

I myself have been a member over 10 years...durring that time peroid I have been fortunate to have met some really nice people, who shared the same interest of collecting. Unfortunately durring that same time one meets others who are nothing more than trolls or thieves, etc...so one need be careful.
However for the most part this is a family. That at times is disfunctional,and others like a well oiled machine.
Over my tenure here I have met and seen pass a few really find people.
I have been asked how one can form a relationship with a person one actually never met.
Well one can ,and one does,over the years you post on here.
You need realize that a lot of us here are older now. 60 + a lot of us....!
And from time to time we tend to loose a member of the flock....
This is a strange group ,but it has a common thread.....that even durring heated debates we never loose track that again its a family...one who does care....they just need a little attitude adjustment at times.
Like to become a family member in this crazy clan?
Just keep posting..... ...who know you may fit in as crazy aunt Kristine.....and that wouldn't be a bad thing!

 

Most of the Member's here find no humour in numerous nonsense post daily on subject matter the poster hasn't a clue of what they post. I advise to be cafeful of whom one trust as to having any idea what they post or give advise about....esspecially since they spend their day smokin weed,and trolling legitimate posts. A word to the wise is sufficient.

 

No. It has ugly spots all over the place.
Also, for future you don’t need to post the same photo 75 times.

 

Imo, I consider being able be able to consistently grade coins at the ultra high levels (ms67-70) one of the more difficult skills to learn. You need to look at and study a lot of coins, preferably in hand, as well as learn the striking characteristics and most important, what the TPGs want to see.

It's a tough game and many lose by sending in $10-20 coins thinking they are $200+ coins

As I said previously, skills like this take time, study, and practice. There are no short cuts, so don't feel bad if you're a little frustrated or unsure.

 

Absolutely, I was referring to the intent in getting it graded though and how that plays into the decision. It's not always about the value of the coin. You might try posting your next one, or even this one, as a guess the grade post and ask why people grade it as they do.

This is what makes grading soooo hard in my opinion and I couldn't tell the difference between a 65 and a 68 probably, not without more practice. I try and grade my own coins just for my own reference when I record them in my spreadsheet but I don't number grade them, I'm just not good enough at it yet. So I just say ok this looks to be about an XF, or AU, or whatever.

I've learned many skills in my life thus far, and this is one I've discovered you can't rush, it just takes alot of practice and time, and then it's still subjective.

 

IMHO, grading bullion and modern coins in the highest grades is very easy. If you use you very strict personal standards, you'll find that your grade either matches a TPGS slab or your grade is slightly lower. Coins like SE and modern large commemoratives are usually graded w/o magnification so by using a 5X to 7X hand lens will put you one step ahead of graders.

My MS-70 needs to be PERFECT under low magnification. If I see one tiny spot, hit or hairline (esp. on Proofs) it is no longer perfect. I even downgrade (personally) for breaks in a coins surface by tiny mint-made strike thrus! However, they are OK when commercial grading at a TPGS. So, I just explained two grades MS/PR-70 & MS/PR-69. Add 3-4 extremely tiny defects and you get a MS/PR-68. The 67/68 line is harder as now you must deal with variables like location, severity, eye appeal, etc.

 

I should have been clearer. MS 70 is pretty straight forward. The 67-69 is a lot more difficult to master consistently

 

It is interesting how grading works. I've felt reasonably comfortable estimating a grade, but then I'll visit a site like Heritage Auctions and see slabbed specimens grading higher or lower than where I landed. It's imprecise art, but a refined one perhaps. To what degree?? Hard to pinpoint for me. But @Insider 's approach, I think, gets an individual to a decision point, and when the decision is in question, posting here in CT to have other's grade it is a very reasonable alternative, especially with the ensuing discussions. When you look at the Poll data, things emerge...at least for me. Contrasting that to what folks are saying, it helps to refine one's artistic abilities. I'll further add that here at least a person can see the discussion, debate a point, or ask a question. This is not anything a submitter can reasonably do with a TPG: send and wait...no debate.

 

M.O., no, way, way too new.

 

Grading works this way:

1. My personal grade
2. My TPGS grade
3. Your Grade
4. The personal grade of others
5. The commercial grade of each TPGS

 

LMAO..as so I have have been learning! Thanks!

 

Good reply! For some, sending out a coin to get graded is about establishing a value for the coin once a third party has authenticated and assigned a grade. If you are doing commerce via a website or e-Bay, having a coin in a slab makes it easier to sell and to justify a price. For others, it's about getting it protected in a slab that will fit in with other slabbed coins in their collection. I only send out coins for grading when their value is well over $200. I prefer to buy coins that are already slabbed, letting someone else suffer the expenses of getting that coin graded. Let's say that a graded/slabbed coin will result in a 10 or 15% increase in its perceived value. To justify the expense of grading, it really doesn't make sense to send out a coin that's worth less than $400.
However I know a collector or two that justify the fees so that all their coins will look uniform when they line them up in their coin case.

 

Kristine,
I'll answer your question with a question. But first, there's tons of advice here both good and not so good. Before I could give you an answer to your root question, I'd need to know, to what end would you want this, or any coin, graded? Answering that question would likely lead you to answer your own original question. If just to have a graded 2015 P cent, search for and buy one already graded.

Why? You might ask.
1. You'd end up paying less then the grading costs would likely cost you.
2. You'd get one at the grade you want, and
3. You'd avoid the risk of yours coming back at a grade lower then you expected and still be out the money.

Just my opinion. Good luck and keep searching. For me, that's where most of the pleasure resides. (It's the journey).

 

And just so you know. You are talking with a bonafide TPG grader with Mr. Insider.

 

Why do you want to get it graded? Do you see an error or something special?

 

My recommendations based on content so far is to buy a few books. There’s books on grading ANA Grading Standards and also invaluable are the Cherry Pickers Guides for rare die varieties. That’s what I did and unlike CRH or looking in your pocket you can actually find the coins. I Cherry Picked my first coin for $60 had it graded and it sold for a record $3549. I thought that was interesting so I found another, then approx 20 more of the same. My best for the Cherry Picks was finding the 1957 D Quarter Reengraved Tailfeathers on Ebay for $5. It was the 1st legitimate graded by any grading company. It sold for $4,500.
I have since lost track but likely in the hundreds by now. I don’t play much these days but learned quite a bit.

 

I'll "like" your post, but to take it a bit further, I don't think Mario Andretti or Danica Patrick could identify all the parts of a car and yet it is not just a shiny metal thing to them. Understanding everything there is to do with coins is a worthy endeavor, but you can enjoy them with a fairly small amount of knowledge. Keep asking questions and bear with the members (including sometimes me) who will make jokes.