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Coinbuf

Member: Seasoned Veteran
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Everything posted by Coinbuf

  1. I agree with @Sandon with regard to your coin grading as AU55 or AU58, however, I do not see anything that would lead me to think this coin would receive a details grade from your photos. I think that it could receive a PL grade, but think a DMPL would be unlikely, I have included a screenshot of the NGC explorer page for your reference. As you can see the census shows 1 coin in AU55PL and 2 in AU58PL, so from that data it seems that NGC does not give the PL grade out very often. That could also be because very few PL AU examples have been submitted to NGC as the value doesn't look to be enough to be worth the costs. You have a very nice attractive coin, but it might be better to simply enjoy it as is vs spending the funds to have it certified.
  2. I see you have reached the limits of your intellectual abilities.
  3. Welcome to the forum, I am not following your post, why do you think these coins are not from the US mint? As to your question, no I would not spend the money to send those bicentennial quarters in to NGC for grading. These are proof coins not coins from circulation, I cannot tell from your photos if these are the clad or silver coins, but in either case these would need to grade PF70UCAM to cover the costs of submitting them. Proof coins are very difficult to grade from photos but I think the chances that these would grade high enough is slim.
  4. The photo seems over exposed so the coin may not be as bright or washed out as the photo suggests. If you are really interested in the coin I'd suggest contacting the seller and see if additional pics are available. If it does look like the photo then it is a coin you should pass on, a fitting coin for the troll's collection of trash, but not something that would be a good fit for your collection. As you know this is not the VAM the troll suggests, nor is this a rare or difficult to find coin, there are better options.
  5. I am also in the no camp, however there are collectors that this matters to.
  6. The OP is referring to coins graded and slabbed by CAC grading, DLRC has handled thousands of coins that have a CAC bean. As I looked over the selection on DLRC I could not help but think that several of the details coins look like they might straight grade elsewhere.
  7. Welcome to the forum, and thanks for posting photos that are of good quality and cropped, that is a real treat. Agreed you have a large date.
  8. Yes, however, there is not a lot of traffic on this site so the marketplace section of this forum is not very active. Having said that it never hurts to look or attempt to sell something on the marketplace as it is free to use. Here is a link to the marketplace. Link
  9. While terms like full steps or full head (for standing liberty quarters) are sought after by some collectors, especially registry collectors, there is no requirement to seek out coins that meet the requirements for those descriptors. In fact, many times I have viewed a full step or full head coin and been disappointed with the overall quality of the strike and have at times felt that the coin didn't meet the requirements to be given that description. What you should be looking for a coins that you like, that give you joy when you see them in your album, if those coins happen to have true full steps that is great and a nice bonus. But unless you are putting together a top level registry set, I would not stress over such a minor thing. I have several sets of both BU and AU Jefferson nickels and while some are full steps that was not the focus when putting those together. Also, as Neo said there are some sellers out there that try and hype those almost there coins, the 4 step coins, as something special and attempt to charge full step prices. I caution you to be careful when you encounter sellers that try this selling technique, those coins are often not the PQ beauties that the sellers are hyping. Here is a link to the area on NGC that talks about full step grading. One final thing, NGC differentiates between 5 and 6 steps, PCGS does not, once a coin has five full uninterrupted steps that is all PCGS needs to apply the full step designation. NGC full step grading link Just for fun one of my nickels that gives me joy to view, this one is a full step coin.
  10. just some advice, do not take very much money on your first trip into a local coin store, use that first trip to get the lay of the land so to speak. Talk to the owner (if possible) or whoever is running the shop, see if they are friendly and seem interested in helping you not just to buy things but to learn as well. Buy something inexpensive and use that as a way to gauge if the shop is selling at reasonable prices or looking to gouge customers. Some shop owners/operators are very knowledgeable and helpful, but some are not. As to the tax question, that depends on the local and state laws where you live, as that varies by state I cannot say what you should expect for that. I can say that usually if your state has a sales tax you will pay taxes for supplies, books, coin albums, etc. And tax laws can also be different depending on if you are buying bullion or collector coins.
  11. Nice to hear that you are getting some value and enjoying the forum and coin collecting in general. To your question on the war nickel sets you posted above, both of those were put together and all of the coins in those two sets are circulated coins, none are true uncirculated coins or mint products. I personally think that $30 is a bit high for circ sets, but I honestly don't follow the prices for these items. I suggest that it would be to your advantage to check in your local area for any coin clubs or any local coin shows. I think you could find a set of low MS coins with a bit of networking with other collectors, small regional coin shows, or a local coin dealer for less than $30.
  12. Your coin was part of the GSA horde which was distributed in the 70's and early 80's, many collectors like these Morgan dollars in these holders and NGC will grade the coin and leave it in that GSA holder. Your coin looks nice but I would say grades MS63 at best due to the numerous bag marks especially evident on the obv. Many of the GSA coins came very baggy due to the extended time that these coins were stored, moved, stored (rinse and repeat) thru the years. I haven't followed the pricing on GSA Morgans that much recently, but the 84-CC is one of the more common dates that can be found in one of these holders, and last I saw MS63 graded coins were selling for around $350ish for graded examples. Prices run in a tight range for this date in MS grades up to MS65, the prices jump substantially for MS66 or higher examples.
  13. I'm sorry but this is simply not correct, eye appeal (which luster and color are a large part) is most assuredly considered in the grading room under the current market grading concept that the big two employ. Technical grading which only took into account the quality of strike and number and placement of marks that was the way in the 70's and early 80's under the ANA service is long gone. Today's TPG grading is more about pricing coins than actually putting an archival grade on the tag. Without seeing the Peace dollar that you describe it is not possible to comment on it, all I can say is it seems clear that whoever graded it MS63 felt differently about it than you do.
  14. The date is irrelevant as the coin is so badly damaged that it has no value over the face value of 1c, if you are thinking that this is an error coin that would be incorrect. It appears to have been subjected to a corrosive acid or buried in ground that is acidic, additionally there are many scrapes and cuts.
  15. It could be easily done for the modern mint products where subjective factors are less of a factor and it is more about the number and placement of marks. It would take a large investment of time and funds to produce the software needed, and I think a final human look-see would be wise but it is very doable. Even classic coinage could have an initial screening by computer for a technical grade and then looked at by human eyes for the market/subjective part of today's grading. I rather doubt it will happen in my lifetime, but maybe.
  16. This is a good point, and you are correct there is a smallish thin market for the lowball coin, especially the coveted PO01 grade. Like you this collecting desire escapes me, I see no reason to collect what I consider worthless slicks, practically electrical box punchouts. I also see this market as a mostly one-way market with dealers happy to sell one but likely reluctant to buy anywhere near market prices. And most of the collectors in this area that I have read or conversed with are more likely to try and "make" a lowball vs buy them. As WC wrote above this niche seems to have come from collectors that wanted a cheap challenge (at least initially cheap) and who may also have been feeling priced out of the higher quality and expensive registry coins.
  17. Not a feud, he is just a new troll and I think that his last two replies pretty much speak volumes as to the type of person he is. One of the things that we as collectors (not employees of NGC as Mike is misinformed about again) enjoy is giving back, but in order to be helpful we need to be accurate and as correct as possible with the information in our replies to the questions asked here. No one on this forum is paid to be here, we just do this to help people. As you are new to the forum obviously you do not know who is who and who knows their stuff, my original warning was just to give you a heads up in that regard, but you are free to take the advice of anyone you please. As both of his posts above are against the forum rules I'm going to quote them in my reply so that he cannot just edit his words out, this will be the extent of my participation in your thread, I hope you can get the answers you are looking for.
  18. It happens all the time Hog, sometimes due to lack of knowledge or newbie exuberance, registry reasons, and even just a personal desire to slab a keepsake. As you said it's impossible to know just how often, but it is not the job of the TPG to question the submitter's reasoning. They do the job the submitter asked them to do.
  19. Not a series that I have collected or a design that I'm overly fond of. I do have one type example raw in my 7070 album.
  20. The only know it all is you, practically every post you have made has had at least one experienced member provide you with feedback on what you got wrong, yet you reply with attacks, insults and insist that you and you alone are correct. And the bad look here is the constant misinformation that you are spreading, which is a bad look for you and NGC.
  21. No worries, as I said not all the info was wrong just that it is not all correct either. Sorry that I cannot help with your questions, I do not collect ancients and have no experience with that service at NGC.
  22. @aleccomix Some of the information in this post is false and I would caution against putting too much faith in this person, he just showed up recently and has been posting a fair amount of misinformation. TPG's do in fact grade coins higher if they feel the look of the coin (including any toning) enhances the eye appeal portion of the grade. Typically, this is only one grade point but there is no definitive formula or number of grade points that a coin might be bumped for eye appeal when graded.