How would you grade this well worn Liberty Nickel?
brokecollector
Posts: 71 ✭✭✭
AG3+?
thanks!
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BillJones
Posts: 34,054 ✭✭✭✭✭
That is a nice, sold Good. Too many of these coins get that when not all of the letters on the reverse are visible.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?6 -
291fifth
Posts: 24,370 ✭✭✭✭✭
G4 by current standards. Probably AG by the standards of 40 years ago because of the rim weakness.
All glory is fleeting.6 -
Colonialcoin
Posts: 661 ✭✭✭✭
I would call it a very choice ag-good. It is much nicer than many goods that I see graded today, but gradeflation or not, I want to see full rims on a coin graded good though I understand that some coins generally come soft in certain areas and need to be graded accordingly. The 1794 dollar comes to mind.
Gradeflation to me has only one benefit.
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BillJones
Posts: 34,054 ✭✭✭✭✭
The coin is in Good because the rims have not been worn into the tops of the letters.
They way things have been going, it would not surprse me to see this piece in a VG-7 holder.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?7 -
david3142
Posts: 3,546 ✭✭✭✭✭
I agree with just shy of G4. I like full rims for a Good but this one is close enough I think it would still make it. I’ll bet a million dollars it isn’t a VG-7 (at least until they change the possible grades).
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brokecollector
Posts: 71 ✭✭✭
Thanks Forum members for your opinions, very interesting.
I was wondering if it being a key date would effect the grade?
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BillJones
Posts: 34,054 ✭✭✭✭✭
@brokecollector said:
Thanks Forum members for your opinions, very interesting.I was wondering if it being a key date would effect the grade?
It shouldn't, but there are those who disagree with me. You pay a premium for the rarity. You should not pay again for over grading.
In the old days, lowering the grading standards because a piece was a better date was called "chestnut grading." It was just as much of a ripoff then as it is now.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?7
Answers
Very cool coin no matter the grade.