Friday Evening Post: Do we really need strike designators??
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Back in the sixties and seventies when I was active in the hobby, coin grading was much less technical than what it is today. Of course there was G, VG and so on up to and through UNC where things really got nutty and the adjectives began to fly. The only thing I recall specific to any strike designation were Full Steps on nickels, thanks to a bunch of fanatics who focused on the Jefferson series. But that was it. A collector knew what the high wear points were and where weak strike would show and looked for those things.
Fast forward to the late nineties!!! While I got wrapped up in life's little journey and was detached from collecting for about 15 years, the hobby seems to have gotten wrapped up in itself. Now we have various designators for strike which all seem to relate to some type of a sub-grade on the particular coin they're attached to. The latest, of course, will be Full Torch on the Roosevelt.
Do we really need a designation to tell us a coin is fully struck? Why not just assign a grade according to overall strike and leave it at that?? The price difference associated with the designation on some series is significant and yet some coins are graded higher without the designation which puzzles me sometimes. I see Full Head SLQ's with weak strike in the area of the date, Full Bell Line Franklin's with weak strike in the bell lettering, Fully Split Band Merc's with soft hair detail and Full Step Jefferson's with weak overall detail in the rest of the building. It would seem the premium for some of these coins should only be paid for a fully struck specimen overall, with the designator sometimes being a misnomer.
One last point that I can't resist----has anyone else seen an Accugrade Washington Quarter with the F.ull E.agles B.reast designation? The first one I saw was an eBay auction where the seller described it as "full eagles beak" which was good for a belly-laugh!!!
Al H.
Fast forward to the late nineties!!! While I got wrapped up in life's little journey and was detached from collecting for about 15 years, the hobby seems to have gotten wrapped up in itself. Now we have various designators for strike which all seem to relate to some type of a sub-grade on the particular coin they're attached to. The latest, of course, will be Full Torch on the Roosevelt.
Do we really need a designation to tell us a coin is fully struck? Why not just assign a grade according to overall strike and leave it at that?? The price difference associated with the designation on some series is significant and yet some coins are graded higher without the designation which puzzles me sometimes. I see Full Head SLQ's with weak strike in the area of the date, Full Bell Line Franklin's with weak strike in the bell lettering, Fully Split Band Merc's with soft hair detail and Full Step Jefferson's with weak overall detail in the rest of the building. It would seem the premium for some of these coins should only be paid for a fully struck specimen overall, with the designator sometimes being a misnomer.
One last point that I can't resist----has anyone else seen an Accugrade Washington Quarter with the F.ull E.agles B.reast designation? The first one I saw was an eBay auction where the seller described it as "full eagles beak" which was good for a belly-laugh!!!
Al H.
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Comments
You are right -on...This stuff is difficult enough without mor strike designators. I guess the Registry set and dealers like them because they tend to "Create" Markets.
<< <i>Keets,
You are right -on...This stuff is difficult enough without mor strike designators. I guess the Registry set and dealers like them because they tend to "Create" Markets. >>
Don't forget that someone else like these because they tend to generate more $$$
personally I don't need someone to tell me something so silly.
It kinda puts ACG's designations in a different light.
Ken
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
I just wish they'd hurry up and introduce the FR designation (Fully Round) so I know if my coins are truly circular or not.
Liberty
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If I'm cherry picking from raw inventory or mint sets....HECK YEA!!
to more value is PL and DMPL on dollars, which has been around quite a bit longer than the services.
TRUTH
Does that ring a bell!
I will admit that if more people spent more time looking at mint numbers and then pop reports, it would change the thought process a great deal! Certain sets I've been working on do not require a slab and grade, just a decent strike for my Dansco's If you go through mint rolls of Mercs and Roosevelts and a few others[Franlins in mint or proof} , there are a very few that meet the high expectcies of graders. The more the detail has turned into more the money!
Who gets the bill? The true collector who wants a nice set without the PLASTIC!! {within the Plastic has come the events of the last few weeks!!!}
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Why PCGS chose to do this now, being 30 days behind economy submissions is beyond me. Do they really need another large influx of coins sitting around there collecting dust. Maybe it IS all about the float.
Michael
<< <i>It's all about the Franklins...... and I'm not talking the FBL ones, >>
Okay.... I'll calm down now......
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
peacockcoins
<< <i>How about just a FS (Full Strike) designator? Like others have mentioned, what is highlighted now (FBL; FSB; FH; FS) are only a part of the coin. What about the rest of it (ie: full rivets on the Standing Liberty)? >>
A generic FS (Full Strike) attribute would be my preference. Do away with all the confusing array of acronyms. Simpler, more accurate, and extensible to all coins.
I don't really mind the designations in use today because as far as I can tell they are only using the ones that were already established in the collecting community (unlike ACG's Full Eagle's Breast!)
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Tom
FHS on Morgan dollars to indicate the "full hair strands" over the ear.
FF on Walkers to indicate "full finger" detail on the flower stems.
FEC on Washington quarters to indicate "full eagle claws" on the reverse.
al h.
How about FCW, Full Coin Weight?
Dave
Are 2 Roosies each with the same MS67 grade but 1 has fully struck bands equal? The invention of the slab was to facilitate the trading of coins and the more differentiation you get within a stated grade the better. I and many others have argued that the full grading scale is not used to its potential, there has also been talk about using decimals. The more I know of a coin, when buying on Ebay the better IMO.
jom