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Returning to collecting. New to board.

Hi all just thought I would say hello. Some how I came across this board while looking up values of coins I had collected when I was younger. But it seems the bug has bitten me again, but this time I can afford those nice coins I couldn't when I was a kid image

I recently made some purchases on ebay and one of them is a $2.50 Indian 1915. It is graded AU53 by ANACS, but using a loop and comparing to some PCGS MS 63 it seems more to this grade.

Should I crack it and submit to PCGS or leave in the ANACS.

Thanks

John
Either write something worth reading or do something worth writing about. -Benjamin Franklin-

Comments

  • cladkingcladking Posts: 28,636 ✭✭✭✭✭
    Welcome aboard.
    Tempus fugit.
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    I don't think an ANACS 53 will make PCGS 63 no matter how you submit it.
    You are obviously missing the subtle signs of slight wear.
    Change that we can believe in is that change which is 90% silver.
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    Katrina
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    I agree with what dog97 said
    Michael
  • wam98wam98 Posts: 2,685
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    Wayne
    ******
  • Welcome to the forum. I agree with what Dog97 said.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Welcome.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • I don't have my scanner right now as I am building a new home and it is in storage. (Hell I may go run and get it). If I can I will scan a high res pic before cracking it. Thanks for the comments.
    Either write something worth reading or do something worth writing about. -Benjamin Franklin-
  • relayerrelayer Posts: 10,570

    Welcome

    There are coins that can fall into the AU-58 / MS-62 range, but an AU-53 to MS-63 is quite a long stretch.

    With the inclusive design of the $2.50 Indian, the wear isn't always so easy to see.
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    My posts viewed image times
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  • sTONERsTONER Posts: 1,904 ✭✭✭
    imageimage
    toner loner
  • Welcome aboard !
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  • prooflikeprooflike Posts: 3,879 ✭✭
    Welcome!

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  • itsnotjustmeitsnotjustme Posts: 8,777 ✭✭✭
    Welcome! I was also a young collector who fell away, then returned with a vengence when I had a little more spare earning to put into it!

    Good luck on the Indian. If you post a high resolution scan, lots of people will attempt to grade it for you. Many are real experts and will give you about the best assessment possible from the scan. Now you just need to figure out who's apinion is closest to PCGS'! Bon chance!
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    image
    Becky
  • Welcome to the boards. Glad to have more members. I would say keep it in the Anacs slab, it's fine there.image
    Scott Hopkins
    -YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.

    My Ebay!
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    I have found that the incuse Indians are most hard to grade. Good luck with yours.image
    Gary
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  • TUMUSSTUMUSS Posts: 2,207
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  • mirabelamirabela Posts: 5,012 ✭✭✭✭✭
    welcome. I'd agree w/ those who said don't crack it. AU58 can sometimes be a hair's breadth from unc and might make it into an MS holder, but 53 means there is significant wear. Maybe you get a bump to 55, 58 if it was enormously undergraded or it's your lucky day, but neither of those jumps mean much in terms of market value -- if you're intending to sell the coin -- and the odds of a 53 getting into an MS holder are infinitesimal.

    Also, a thing to consider -- the coin you get back is the same coin you send in, no matter what the plastic says. It is what it is. So, if you bought it to collect and not for quick resale, what the companies say about the grade is totally moot.
    mirabela
  • Welcome aboard!

    Ken
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    Welcome Aboard!!

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • Thanks for the warm welcome all...
    Either write something worth reading or do something worth writing about. -Benjamin Franklin-
  • richbeatrichbeat Posts: 2,288
    Welcome aboard! image
  • Welcome to the forums and back into the hobby! image I collected as a kid for about 2 - 3 years and left. I came back about 4 years ago and enjoy it and the people here are good.

    I`d be surprised if it would go from an ANACS AU53 to a PCGS MS63. Both are good grading services ( NGC is too ). Also the $2.50 and $5 Gold Indians are a couple of the toughest coins to grade.

    Some good books on grading are:

    1) PCGS Official Guide to Coin Grading and Counterfeit Detection Second Edition - 2004
    2) How To Grade U.S. Coins. by James L Halperin
    3) Official ANA Grading Standards for United States Coins

    All three I would recommend. The book by James L Halperin I`m glad I got. It`s an easy read and shows the holistic approach to coin grading and appreciation of what you may have.

    One thing I learned quickly is that most coins are like snowflakes. Not all are " created equal " so to speak. There are some definites about a grade while some are different. The differences are of much debate. Just pick out 3 or 4 coins of the same grade and denomination and you`ll see there are some differences even within the same grade.

    It can be a bumpy ride learning about grading. But, it`s worth your time and effort to do so.
  • BunkerBunker Posts: 3,926
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    My daughter was diagnosed with type 1 diabetes at the age of 2 (2003). My son was diagnosed with Type 1 when he was 17 on December 31, 2009. We were stunned that another child of ours had been diagnosed. Please, if you don't have a favorite charity, consider giving to the JDRF (Juvenile Diabetes Research Foundation)

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