What kind of things walk into Matt's shop.

Right side of screen......half way down........"The Coin Show". Worth the listen......

 

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Well after this coin was bagged by NGC I tossed it into the safe and just wanted to think about it. I decided to give it one more shot at PCGS... It went into an AU53 holder today.

 

Awesome ! Glad to hear that it made it in - she deserved to be !

 

So much for TPG consistency huh? I have said it before, most coins in TPG holders are there at the highest POSSIBLE grade, not necessarily the appropriate one.

Grats on getting it in though. It was a nice coin that was given a bad rap.

 

How much is this coin worth in a AU-Details, and how much is it worth as AU-53 approximately?

Tks for anyone with knowledge, just curious and have no idea of its value.

If its inappropriate to ask a coins value if not requested by the owner, please disregard.

 

Sounds like you are coming around to my to my way of thinking regarding gradeflation rather than a conscious change in grading standards by the TPG's.

 

I have always thought both really Paul. I always thought the huge amount of crackers will ensure a coin rarely is in an undergraded slab, yet still believe there has been "movement" in grading standards. A poster child of that is how AU coins are now graded MS, and the TPGers admit it.

 

I agree that the TPG's made a conscious choice to change the way the grade coins with respect to cabinet/roll friction.

 

Depending on the series it could be quite a lot. In classic commems, 'details' graded coins go for a fraction of what a true grade goes for........

 

AU details I'll say about $2-4000, AU53 about $10-12000

 

Some nice coins in this thread.

 

That's a considerable spread.

 

Hate to be a jerk, but I am, but it brings up the question of "why" is it? We just proved on a given day a coin can be labeled a problem coin or not. What is causing the extreme prices? Is this system REALLY in the collectors best interest, or someone elses?

 

It's clearly in the best interest of those that wish to generate profits from the coin collecting market. Is that good or bad? I think it's neither.

It just emphasizes the importance of educating oneself about the "market" and making an informed decision about the extent of your interaction with it.

 

You know scratches completely depend on severity as to whether they are treated as damage or wear. AGAIN, another reason why the US system is silly, and net details remaining is all that matters.

Anyway, I did not find the scratches on that coin distracting at all. I would say this 1818 half liberty, of an 1888, or a 1911 all should be in a problem free holder if similar. Yes, I have seen many early coins being given passes, but this one to me was not distracting.

Just my opinion.

 

Chris, in terms of what I collect....classic commems.......coins that I have seen in the details holders have been obviously dinked with and (my opinion) are really a turn off.

 

Congrats on the re-grade. My thoughts on TPG consistency will remain to be mine in this thread, but I'll say it did not deserve a details grade either way.

 

You really can't say anything about TPG consistancy with this coin because the first time it went to NGC and the second time it went to PCGS. No service had a chance to show whether they were consistant or not. What would be interesting now would be whether or not it would cross if sent back to NGC.

 

No problem Chris and to be honest I was seeing if Arthur's post was typed in jokingly. He mentioned $2-$4000, I was digging if he really did mean two dollars or $2000.00. As far as the details coin sales, they are all over the place and I think the current market sets what a coin indeed sells for. And rarity and availability play a huge part in whether they achieve that top end of the range.