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Straight Grade or Scratched?

pmh1nicpmh1nic Posts: 3,295 ✭✭✭✭✭

I really like the obverse of this coin but the scratches on the reverse are very much a distraction in my eyes. Do you think the coin should straight grade or details grade?

The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin

Comments

  • bsshog40bsshog40 Posts: 3,923 ✭✭✭✭✭

    Pretty bad scratches. I would tend to believe it would details grade.

  • FlyingAlFlyingAl Posts: 3,502 ✭✭✭✭✭

    This isn't anywhere in my area of numismatics, but I also see adjustment marks that should result in a straight grade.

    Coin Photographer.

  • opportunityopportunity Posts: 1,039 ✭✭✭✭

    I wouldn't be happy if I bought it sight unseen in a problem free holder, but I've seen stuff like that make it into them before on coins that old.

    Early American Copper, Bust and Seated.

  • 291fifth291fifth Posts: 24,452 ✭✭✭✭✭

    If it looks like a scratch it is a scratch. Genuine holder. I don't buy into the "ignore adjustment marks" bit.

    All glory is fleeting.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Whether they are adjustment marks or graffiti is debatable... Either way, certainly a detraction on a desirable coin. Cheers, RickO

  • PerryHallPerryHall Posts: 46,417 ✭✭✭✭✭

    I see a lot of adjustment marks on the reverse. Can't tell from the pic if any are scratches. In any event, that reverse is ugly and I would pass on that coin.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • No HeadlightsNo Headlights Posts: 2,070 ✭✭✭✭✭

    I vote adjustment marks and it straight graded. I wouldn't want the coin. Adjustment marks even though as mint made are a recipe for a tough sale later. Always buy a coin knowing you'll probably sell it someday.

  • Cougar1978Cougar1978 Posts: 8,447 ✭✭✭✭✭
    edited May 22, 2022 10:48AM

    Irregardless of grade:

    I would pass on it. I don’t like the coin nor think it would be an easy sale for me with the adjustment marks / whatever.

    I buy material I like based on deal / how quickly can move. The bigger ticket an item the bigger the risk / potential loss.

    Numismatic Material in inventory does not pay interest or dividends. Upward market potential is something I regard as conjecture / speculation. The bigger ticket they are the harder they can fall.

    Coins & Currency
  • ashelandasheland Posts: 23,400 ✭✭✭✭✭

    Those are pretty bad, yet old. I could see it going either way.

  • airplanenutairplanenut Posts: 22,243 ✭✭✭✭✭

    I don’t like heavy adjustment marks, however they’re classified by the grading company. That said, I think the scratches on the obverse are a bit distracting in their own right (and definitely just scratches) and the surfaces look off to me, though that could be the photos. My opinion is that unless the coin looks vastly different in hand, this is not one I would be buying.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • pmh1nicpmh1nic Posts: 3,295 ✭✭✭✭✭

    It's straight graded VF-30.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • goldengolden Posts: 9,836 ✭✭✭✭✭

    Not a coin that I would want.

  • jughead1893jughead1893 Posts: 1,685 ✭✭✭✭✭

    I would prefer adjustment marks over an initial being punched on it !

  • RexfordRexford Posts: 1,229 ✭✭✭✭✭

    @291fifth said:
    If it looks like a scratch it is a scratch. Genuine holder. I don't buy into the "ignore adjustment marks" bit.

    But it doesn’t look like a scratch, it looks like an adjustment mark. It’s pre-strike.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    Can a coin be "details" grade before it's struck?

  • crazyhounddogcrazyhounddog Posts: 13,998 ✭✭✭✭✭

    It always hurts my eye to see this type of damage on such a nice coin such as this one.
    So sad.

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • morgandollar1878morgandollar1878 Posts: 4,006 ✭✭✭✭✭

    This would be a straight graded coin since those are adjustment marks and not scratches.

    Instagram: nomad_numismatics
  • 291fifth291fifth Posts: 24,452 ✭✭✭✭✭

    @Rexford said:

    @291fifth said:
    If it looks like a scratch it is a scratch. Genuine holder. I don't buy into the "ignore adjustment marks" bit.

    But it doesn’t look like a scratch, it looks like an adjustment mark. It’s pre-strike.

    Adjustment marks are scratches and give a coin negative eye appeal.

    All glory is fleeting.
  • pmh1nicpmh1nic Posts: 3,295 ✭✭✭✭✭

    The obverse is very nice and while adjustment marks were part of the minting process to obtain the correct weight if that many were needed I just as soon toss it back into the melting pot. But I guess they weren't thinking about collectors in the 21st century when the decision was being made.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • RexfordRexford Posts: 1,229 ✭✭✭✭✭

    @291fifth said:

    @Rexford said:

    @291fifth said:
    If it looks like a scratch it is a scratch. Genuine holder. I don't buy into the "ignore adjustment marks" bit.

    But it doesn’t look like a scratch, it looks like an adjustment mark. It’s pre-strike.

    Adjustment marks are scratches and give a coin negative eye appeal.

    Doesn’t matter if they give the coin negative eye appeal, there are as struck and not scratches. Adjustment marks are made to lower the weight of a heavy planchet and are a perfectly normal part of the production process for the period. They also don’t look remotely like scratches in the way they are shaped and the way they reflect light. You wanna details grade 75% of the French silver coins from the 1700s?

  • RexfordRexford Posts: 1,229 ✭✭✭✭✭

    @MasonG said:
    Can a coin be "details" grade before it's struck?

    No.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @Rexford said:

    @MasonG said:
    Can a coin be "details" grade before it's struck?

    No.

    I wouldn't think so, either. I can understand that people might not like adjustment marks, but that doesn't mean coins struck with them automatically get a "details" grade.

  • RexfordRexford Posts: 1,229 ✭✭✭✭✭

    @MasonG said:

    @Rexford said:

    @MasonG said:
    Can a coin be "details" grade before it's struck?

    No.

    I wouldn't think so, either. I can understand that people might not like adjustment marks, but that doesn't mean coins struck with them automatically get a "details" grade.

    I don’t even mind them, especially on low grade coins like this. They give the coin character. But yeah, any characteristic on a coin that is demonstrably from the pre-strike or striking process is not damage and not details-worthy.

  • MasonGMasonG Posts: 6,261 ✭✭✭✭✭

    @Rexford said:
    I don’t even mind them, especially on low grade coins like this. They give the coin character.

    I agree. In a perfect world, I'd prefer coins without them but they are creatures of their times. I can live with them.

  • gumby1234gumby1234 Posts: 5,591 ✭✭✭✭✭

    I don't like the scratches on the obverse. A large scratch like that should details grade any coin. Adjustment marks like on the reverse shouldn't details grade coin, but they aren't for everyone and it definitely makes a coin tougher to sell.

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  • NysotoNysoto Posts: 3,818 ✭✭✭✭✭

    Definitely reverse adjustment marks (no cratering), straight grade. Obverse has numerous toned-over scratches that apparently are acceptable for a PCGS grade.

    I have a few early coins with less severe adjustment marks. They can greatly affect PR's at auction. I am pulling from memory (check if you want) but these are recent examples of 1795 half dollars with severe adjustment marks that realized about half of PCGS value:

    1795 O-109 PCGS XF40 $4320 Heritage (price guide $10K)
    1795 O-124 PCGS AU50 $9300 Heritage (price guide 18K)

    Another from a few years ago:

    1795 O-115 PCGS AU53 $6300 Heritage

    Moral: If you don't mind heavy adjustment marks or want an example, they are worth considerably less than those without, the exception being very rare coins - as in 1794 SP66 dollar.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • pmh1nicpmh1nic Posts: 3,295 ✭✭✭✭✭

    This one went for $6150 (includes buyers fee).

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • BryceMBryceM Posts: 11,823 ✭✭✭✭✭

    @Rexford said:

    @MasonG said:
    Can a coin be "details" grade before it's struck?

    No.

    Yes. Well, maybe not technically before it's struck, but huge planchet flaws will (usually) result in a details grade.

    As for this coin, the reverse is OK. Those are clearly adjustment marks - numerous, unattractive ones, but acceptable. The obverse isn't so nice. The stuff on the portrait and in the right fields bugs me. Maybe it straight-graded, but this is a coin that would be easy to buy and difficult to sell.

  • stevebensteveben Posts: 4,620 ✭✭✭✭✭

    i believe these are scratches, not adjustment marks on the reverse. the obverse also appears to have a scratch from the shoulder down to the bust. even if this coin straight graded, it has negative eye appeal for me.

  • ColonialcoinColonialcoin Posts: 688 ✭✭✭✭

    @pmh1nic said:
    It's straight graded VF-30.

    Adjustment marks to me completely ruin the eye appeal of the coin. In the case of this coin, someone dropped the ball. Those reverse marks that go in all sorts of directions are scratches, not adjustment marks.

  • RexfordRexford Posts: 1,229 ✭✭✭✭✭
    edited May 23, 2022 4:43AM

    @BryceM said:

    @Rexford said:

    @MasonG said:
    Can a coin be "details" grade before it's struck?

    No.

    Yes. Well, maybe not technically before it's struck, but huge planchet flaws will (usually) result in a details grade.

    As for this coin, the reverse is OK. Those are clearly adjustment marks - numerous, unattractive ones, but acceptable. The obverse isn't so nice. The stuff on the portrait and in the right fields bugs me. Maybe it straight-graded, but this is a coin that would be easy to buy and difficult to sell.

    Planchet flaws will generally get called “Mint Error” and straight-graded if that service is paid for. If just sent in normally, they will get called details.

  • BryceMBryceM Posts: 11,823 ✭✭✭✭✭
    edited May 23, 2022 8:15AM

    Yeah. I guess we can debate the semantics. I don't consider errors to be "straight-graded". They're errors, with grades. They are assigned a different PCGS number, usual pricing considerations and valuations don't apply, and they can't be included in regular registry sets.

    None of this, of course, has anything to do with the OP's original question. The coin in question is not an error, and in my opinion, I'd probably prefer to see it in a details holder. An in-hand evaluation might change my mind. I certainly don't see the obverse as "choice" or "select" or "PQ".

    As far as the reverse is concerned, they look like adjustment marks to me. There's no rule that I'm aware of that says they all need to go in the same direction. They often do, but sometimes they don't. They're also more prominent across the fields than the devices, as expected.

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