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What is the Value of a "Details" Graded Coin
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<p>[QUOTE="RonSanderson, post: 4582749, member: 77413"]I have two examples where, if you are lucky to find it, a Details grade leads to a huge bargain. I have posted these both before.</p><p><br /></p><p>First is this 1924 SLQ that was graded “cleaned”. None of the members here could definitively say where the cleaning was, if any. This came in at about 1/4 of book value if it is an MS64, and about 1/10 if it’s MS65 FH. The seller did not expect a details grade when he sent it in.</p><p>[ATTACH=full]1134945[/ATTACH]</p><p><br /></p><p>This has a details grade because of a small mark from a coin wrapping machine. It usually takes some time to find it! Here it is at the 8:00 position on the reverse. The animation lets you see how the light has to be just right to pick it up along the rim. Again, the price may be about 1/10 of book price, because the “details” in the listing scared off other bidders.</p><p>[ATTACH=full]1134946[/ATTACH]</p><p><br /></p><p>I have at least one other coin marked Details that has a “wheel mark” designation. Again, that is hard enough to see that I recall that only [USER=24314]@Insider[/USER] was able to find it.</p><p>In all these cases, I treat some Details graded coins like I do high-end AU58 grades. They may be a great bargain and it is really possible I cannot tell the difference, or for the right price, just really not care.[/QUOTE]</p><p><br /></p>
[QUOTE="RonSanderson, post: 4582749, member: 77413"]I have two examples where, if you are lucky to find it, a Details grade leads to a huge bargain. I have posted these both before. First is this 1924 SLQ that was graded “cleaned”. None of the members here could definitively say where the cleaning was, if any. This came in at about 1/4 of book value if it is an MS64, and about 1/10 if it’s MS65 FH. The seller did not expect a details grade when he sent it in. [ATTACH=full]1134945[/ATTACH] This has a details grade because of a small mark from a coin wrapping machine. It usually takes some time to find it! Here it is at the 8:00 position on the reverse. The animation lets you see how the light has to be just right to pick it up along the rim. Again, the price may be about 1/10 of book price, because the “details” in the listing scared off other bidders. [ATTACH=full]1134946[/ATTACH] I have at least one other coin marked Details that has a “wheel mark” designation. Again, that is hard enough to see that I recall that only [USER=24314]@Insider[/USER] was able to find it. In all these cases, I treat some Details graded coins like I do high-end AU58 grades. They may be a great bargain and it is really possible I cannot tell the difference, or for the right price, just really not care.[/QUOTE]
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What is the Value of a "Details" Graded Coin
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