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Posts posted by Coinbuf
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Duplicate post
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On 6/3/2024 at 7:55 PM, Tom Pete said:
I am diving into the 1964-D pennies, as I have come across a collection of them that were well preserved. I have five samples from the collection. I do not want the owner (family member) to invest in having them graded if they are unlikely to have much value. I would greatly appreciate any feedback you may be able to offer in regards to each sample below (1. is it unique or just damaged, 2. should it be graded, 3. what might it be worth) as well as any feedback you may have in general. I am more than happy to provide some additional pictures, just let me know what would be helpful and I will get you what I can.
In my opinion none are worth getting graded with the exception of the possible strike through coin (sample) #2. That might barely be worth the cost if designated as a mint error by NGC, but even that one I would likely just sell raw. NGC only recognizes a single RPM for 1964-D cents and none of your coins appear to be a match from the closeups; overall the condition of each coin is that of low mint state or AU (almost uncirculated). This is a very common coin as the mint produced millions and they were saved in large quantities by the roll and bag. Aside from the possible strike through coin these coins are only worth $.50 each at the very most, dealers would pay a nickel each if they are in a generous mood.
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On 6/3/2024 at 4:33 PM, Tom Pete said:
I am curious if these 1964 Denver pennies with strike through mint errors, one with apparat debris remaining are worth getting valued. Any thoughts as to the potential value of these?
The top coin may indeed be a legit strike through debris, it's hard to say for sure with photos taken while the coin is in a 2x2. Really an in hand look would be best to determine if any metal is piled up along the edges from an impact after the coin was minted. As it looks legit from what I can see it is a true mint error, but I agree that it is very minor, usually minor errors like this also have minor added value, less than $20 dollars would be my best guess.
I also agree with Sandon that the second coin looks to just be a carbon/corrosion spot and not a strike through.
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Well should I be gentle or not. Ok the good, at $25 you paid basically melt, so if silver spot continues to rise, as some are thinking it will; you have an opportunity to resell in the near future and make a couple of bucks on it; which could possibly turn it into a good bullion play. The bad, if silver spot drops you are left holding the bag. The ugly, well that is obvious, this is one fugly coin with issues.
There is no real reason to try and grade this coin, it has AU details from what I can see, however, the spots and what appears to be some active corrosion/PVC make it a details coin at best. I would highly recommend that you take it out of that 2X2 and give it an acetone bath to remove any PVC or active gunk that may be hiding in those corrosion spots. Throw that 2X2 away and get a new one so as not to transfer anything to the post acetone coin.
I would also recommend that you pay close attention to silver spot and unload this as soon as you see the spot price rise a few dollars. In this condition the coin will never have any numismatic value, it will always just be a bullion play type of coin.
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On 5/28/2024 at 8:05 AM, nuti said:
Hi, I am not sure completely if this is a small date. Is the bow tie design an error, are there any real errors? Please let me know what do you think about this coin, I am very new at this, just started. Thank you
Welcome to the forum, while the NGC representatives cannot provide you any advice the collectors and dealers that are the membership of this board can and will provide you feedback from your photos. However, you need to post your questions in the newbie section of this forum, there your questions will be seen by a far greater number of the forum membership. Thanks for providing both the obv and rev photos mostly cropped and close to a straight orientation, many do not.
From your photos you appear to have a well circulated bronze small date of which the US mint made millions in 1982, the lack of a mintmark means this coin was minted at the Philadelphia mint. A weight to two decimal places would be needed to confirm if you have the bronze or zinc core type of coin, both were struck by the US mint in 1982. You did not ask but the value of such a coin is just face value, too many were produced and saved for circulated examples to have any value over face value. I do not see any visible errors on this coin.
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On 6/3/2024 at 7:46 AM, GoldFinger1969 said:
The real wildcard variable is toning. Not only can some folks be willing to pay up for it but it could also HIDE blemishes that otherwise would have debited points.
From what I have read here, toning wasn't something most people wanted 25-30 years ago or so. Not even sure there were many toned coins back then -- were there ?
Yes, while the market overall favored blast white 30 or so years ago, and many still do, there have always been toned coins and those that preferred toned.
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On 6/2/2024 at 7:14 PM, GoldFinger1969 said:
Why does a ticket in the Legend Seats at Yankee Stadium cost $2,500 and another seat 100 feet away in the Upper Deck costs maybe $30 ?
Exactly, @Sandon truly you know that the "best" almost always costs more, even if its not that much better. I personally don't think of BMW as a top quality car, but nobody is selling them for Yugo prices, just as nobody is selling floor seats at nosebleed prices. The best coins have always commanded top prices, that was true before TPG's and it is still true today.
Yes I get what you are saying, but like it or not using the TPG grade to determine price is a very logical way for the market to consume TPG graded coins. The current market is driven by what that little paper tag says, especially so at the tip of the spear where all the whales are feeding. Coins like this are bought up by the registry players who are more driven by top pops (even if they are not) than anything else.
This particular half is a technical MS65 or MS64 to my eye, but color and eye appeal (however you define that) are what drive the market, and PCGS has always been very much in love with both color and luster.
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On 6/2/2024 at 5:17 PM, GoldFinger1969 said:
But even if it was graded late-2020 (the earliest for that Gen Holder), that's a pretty quick turnaround to go up 1 1 2/ increments.
Very surprised....esp. since the PCGS folks you would think might not get that many coins uniquely toned in that high a grade that it would stand out and maybe they all remember the coin as a 66.
PCGS has had a lot of turnover with graders from what I have read/heard, in fact they have the most junior grading staff of any TPG. It's very likely that the graders that saw it between the Jan and May auctions were not the same that originally graded it MS66.
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On 6/2/2024 at 5:10 PM, GoldFinger1969 said:
Wow...so in under 3 years it went up 1 1/2 grades ? OMG.....
No more like 3 months, it sold as MS66 in Jan of 24, then again in May at the new higher grade. What we don't know is how many times it was resubmitted between the Jan auction to the May result, my guess is this was over two show submissions, but no way to know for sure.
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On 6/1/2024 at 10:04 PM, GoldFinger1969 said:
This is the Franklin Gradeflation Thread all over !!! UNREAL !!!
Do we know when the MS-66 grading took place ?
No only the submitter and PCGS knows exactly when the coin was graded as MS66, however, we don't need to see the rev to know the holder generation. It's a 6.1 holder used from late 2020 to current. I can tell that from the little NFC symbol in the bottom left (viewers left) corner of the obv holder, only the most current generation holder uses the NFC technology.
- GoldFinger1969 and powermad5000
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Well lets start with some ground rules, as you are admittingly a beginner it is very unlikely that you are qualified to grade coins in the uber gem MS67 and above grades the same as a TPG grader. I am not saying that to be mean or dump on your grading skills, but it is just true that it takes years and looking at tens of thousands of coins to learn to grade like a TPG grader. It is just not as simple as two marks = MS68 and three marks = MS67, there is a lot more to grading than how many marks a coin has on it. Just because you think your 82-D zinc matches or would grade as MS67RD using the photograde feature on the PCGS website, that does not mean that anyone will agree with your grade assessment. So, you might think it's an MS67 but ten other people (including TPG graders) might grade it as MS66 or lower due to many factors other than just how many marks you can count on the coin surface. The severity of the marks, the placement of the marks, these and many other factors determine the grade, and those will not always weigh the same from person to person.
Grading is highly subjective, especially so as the grades get closer to the top grades; and then you add in the human element. Professional graders often do not agree with each other on some coins. Grading is not a mathematical equation, and grades can (and there are many well documented cases of such) and do change over time depending on who is doing the grading at any point in time.
As I type this reply there is a thread on another forum about a Kennedy half dollar that was sold in Jan as an MS66, it was just resold this month with a new grade of MS67+, same coin just a new grade and a very drastic change in value. And this type of thing happens quite often; here is a screen shot of the coin in question.
So as you can see from this one example even professional graders do not always agree on a grade, this coin received a full point and a half grade bump (which incidentally I do not agree with) since the first auction in Jan. So it's no surprise that you will receive different grade and value estimates on any raw coin that you ask about. This is especially true with modern coins like your 82-d where a point change (sometimes even only a half a point) in grade can make a big difference in value.
And we have only begun to scratch the surface here, going back to your 82-d coin, remember that when you post a coin and ask for grade/value assessments, the people that reply are not grading the coin, they are grading your photo. Photos have limitations and even the very best photos may not fully represent what the coin looks like when viewed by the human eye in hand.
Another issue when you ask questions on the internet is that you have no idea of the experience level of those who reply. Some may know a great deal more than you, but it is just as likely that some who reply may know squat. Here again is just another reason why your grade may differ from everyone else, I could go on for days but hopefully what I have written can help you to understand that grading is a very complex and nuanced action.
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On 5/29/2024 at 5:10 AM, Jeremy72081 said:
Which I believe only 2 1983 copper pennies have been found to date. Meaning if it's genuinely a copper 83 I'm sure it would still have a lot more value than 1 cent.
It would if it was, but it's not so it doesn't.
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Welcome to the forum, impossible to tell with well worn coins what may or may not have been missing when the coin was struck (struck not stamped no postage is due). Many coins have some areas that are weakly struck or not struck at all due to some debris or grease that can be on one if the coin dies. These are referred to as grease strike throughs, and while they may be interesting, they do not add any numismatic value to the coin.
Your coin may have been struck from dies with grease, but even if it were the time in circulation and the marks it has obtained make all that moot.
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Please do not start or post the same questions in multiple threads, that just gets very confusing for everyone. As I replied in the other thread that you quoted me, yes this is a common copper small date minted in Philly where millions were minted. I see no signs of any type of doubling.
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On 5/27/2024 at 9:34 AM, Jennifer McFarland said:
Is this a special coin??
I see nothing special about it.
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On 5/27/2024 at 8:39 AM, Jennifer McFarland said:
So I wanted to know if this is the 1982 small date
Yes that is a small date, however, you are aware that there were millions of 1982 small dates minted at the Philadelphia mint correct? The one that everyone is searching for (and wasting their time doing so) is the small date copper cent that was mistakenly struck at the Denver mint and will have a D mintmark, of which so far only two have ever been found.
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Garbage coin not worth the metal it is made of. To anyone that is new to coins, this poster has a habit of posting incorrect claims and asking outrageous sums of moneys for worthless junk, steer clear of his listings is my advice.
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Both Greenstang and Icutler are correct, @Baby Jolynnyour coin is just damaged there are no mint errors as was erroneously posted above. If you like it there is no reason you cannot keep it, but it has no value over the face value of 25 cents.
- Mike Meenderink , l.cutler and J P M
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On 5/25/2024 at 9:45 PM, Pjbot23 said:
I also have one the same but my NUM * the M looks like the stamp chipped or shaving debre maybe not to sure can anyone else tell and the torch has a raised imprint and what looks like a scratch under the flame
Welcome to the forum, it is best to start your own thread rather than piggyback on an old thread, it can be confusing when several coins and members are posting different coins on the same thread asking questions.
I cannot see what you see in the photos you have provided, please always provide in focus, cropped, and properly oriented photos. Can you provide closeups of the areas you have questions about?
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I see die deterioration doubling just one of the many worthless types of mechanical doubling, this type of doubling is interesting and trips up many collectors. There is another thread with even more dramatic looking die deterioration here in the forum that a member has spent considerable money on grading fees to find it is just money gone.
Regrade Anacs
in Newbie Coin Collecting Questions
Posted
PCGS will accept ANACS coins for crossover attempts and will assign the same grade if 1) you indicate on the submission form cross at same grade only, and 2) if the graders at PCGS agree with the grade assigned by ANACS. NGC does not accept crossovers from any other TPG except PCGS, so you would have to crack these coins out and submit them raw to NGC.
From the photos I also do not see any chance that you would be successful at either NGC or PCGS in getting a FS or FBL designation.