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JT2

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Posts posted by JT2

  1. Well not sure if this post is meant to get a rise out of some of the guys or not.  however the grading of Mint State Lincoln's can be challenging.  You have to look at die states and wear,  Strike quality, luster, and as well as the amount of contact marks from being placed in bins and bags.  Every Lincoln graded MS 66 is different from the next.  just because it says MS 66 on it doesn't mean that you will like it over the next.  What it does mean as that you will need to LOOK at the coin and decide for  yourself.  the qualifications for 66 are that it should not show any traces of wear except for some small blemishes .  i.e. your " BUTT CHIN" a few minor nicks or contact marks however still have full mint luster with natural color.

  2. I have seen many slabs in my days.  When i started collecting we didn't have them.  We got our books out and out pictures and our descriptions and we took out magnifying loops and looked at those little tiny pieces of shinny metal.  So starting in the 80's i have seen a plethora of .slabs.  some homemade and some from the first company i ever had were from ACG.   I thought they were a novelty until 15 - 20 years later and you cant even get a decent coin without them being in one.  So to answer your question yes there is over grading when you look at slabs.  that is because everyone's opinion on the grade is different.  I have seen so many slabs that the list would run off this page, however i have found that if you put 2 NGC graded coins together you will find that the grading is consistent and pretty much spot on.   where as if you take other TPG grade coins and set them side by side you would have noticeable differences in the over all apearance of the coin.  IMO