Usually grading for IKES in CELLO?
ewitte
Posts: 178
What is the usual grading from these coins? There are slight hairlines from rubbing agains the CELLO plastic. Nothing deep or offensive.
Eric
Eric
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<< <i>What is the usual grading from these coins? There are slight hairlines from rubbing agains the CELLO plastic. Nothing deep or offensive.
Eric >>
If you're refferring to mint set coins then it's unlikely there are marks or damage on the coin. The
mint set plastic is made up of layers and sometimes these coins can get some apparent PVC dam-
age but there normally won't be actual friction, rubs or marks on them.
Buying quantities of Ikes on the market already cut from sets is highly improbable to yield any gems.
Gem Ikes are quite scarce in the sets and most of the people cutting the sets are seeking these and
selling the rejects. They'll often remove the ugly and damaged coins so the average grade is good and
will vary by date ('76 t I; MS-61 to '78-D; MS-63+). If you get the sets yourself the average grade will
be a little lower but the range will be far wider.
The name is LEE!
Grades are all over the board. Buy a few slabbed ones (Many baord members would be happy to sell some, inlcuding myself) at various grades and compare. You'll pick it up pretty quickly.
Good Luck....It's a great series.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
not a clear cut answer. Generally the answer is mint sets but this doesn't apply across the board
nor does it apply to all issues. Mint set coins are almost invariably better struck and most of the
time they are struck by new dies. This gives them a huge headstart but many will be almost uni-
versally banged up or scraped. This seems to affect the Ikes to a greater degree than other de-
nominations and finding clean coins is actually easier for several of these from rolls and bags. Re-
member that the years of the mint set Ike coincided pretty closely to the years of the worst qual-
ity in mint sets ('73-'78). Other denominations, too, are hit and miss but one has little choice with
dimes and quarters because there aren't rolls and bags of these to check. Most of the few that are
available are very low quality. The best Kennedys, with a few exceptions, come from the sets. The
copper Lincolns can be found in rolls but I don't know if they reach the extremely high grades that
mint sets coins do. This especially applies to the '86 to date coins. It's not extremely tough to find
these in spectacular PL with clean surfaces in the sets. While all the circulation coins do appear in
PL I've never seen one with clean surfaces.
Most of these coins are pretty cheap raw so the best bet may be to just use the best you can find
until an upgrade shows up. You just might decide that a choice or near gem coin is sufficient anyway.
The hairlines you are seeing might possibly be die polish lines especially if they are all in the same direction. Possibly.
For the 73 P IKES, the pop reports show that your typical grade would be a 64 realizing that none have graded 67 and only 68 have made the 66 grade.
For the 73 D IKE, the pop reports show that the typical grade would be a 65 with 10 having made the 67 grade and 211 at MS66.
By all means, post some pics but please keep in mind that a picture can hide a multitude of flaws and any grading opinions might dramatically change with the coin in hand. The common killer for IKEs is not necessarily big hits (which can of course kill a grade) but more along the lines of major scrapes along either IKEs jaw (near the chin) or at the top of the scalp. On the reverse, the eagles head and leading edge of the wings can also show some serious scrapes which look like a rasp file was run across the coin. The other bit detractor are tiny little hits near the edges of the coin and across the lettering that resides near the edge. These usually only show up under 10x magnification. These hits, I don't think, are not actual contact marks from other coins but more along the lines of poor planchet preparation by the mint coupled with that hardness of the planchet. Remember that the Eisenhower Dollar was the largest business strike copper nickel coin ever produced by the mint and was extrememly difficult to produce due to the hardness of the metals involved. This is one reason why the 71 P's are so difficult to find in an MS66.
Good luck and happy hunting.
The name is LEE!
I spend alot of time searching in the past threads and have found alot of info on Ike's, this place is an outstanding source of information---Tom
that will teach me to talk on the phone and post at the same time this belonged under "Grading service products"
about equally common but the MS-65 is much scarcer for the Philly issue. Figure one MS-65
or better P per hundred and three Denvers.
There are lots of both mints that are marked up heavily and this especially applies to the "P".
Of those submitted, Lee is correct. The coins submitted typicall are the better coins.
It is very easy to see why the highest graded coins command such a premium.....very few are being made, in fact I think only 1 MS67 cald Ike was made in the last year......HMMMM wonder who owns that one
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
The name is LEE!
Eric
<< <i>Not bad. What are MS62-MS63's going for on the market? Enough for a profit at $9 + the slab fee? BTW I usually buy uncirculated RAW coins after looking at the PCGS charts. Its an after thought that there is reason why they are higher besides key date
Eric >>
Unfortunately an MS-63 won't bring a premium usually (unless someone just wants a slabbed coin)
and an MS-64 premium will be nominal. That's hardly a certainty that you'd get the 64 anyway.
These wholesale at $6.25 now and are very easy to sell at these prices when they are good quality
like these.
Did you cut these yourself?
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
Eric