Grade the penny***UPDATED WITH GRADE***

joecheck

I just sent this in for 5 day grading. I'll probably get it back next week...

BillJones

MS-64, Red. The color looks good, but there are too many marks for the coin to get any higher than MS-64, IMO. The coin also a couple of minor green spots on top of the "R" and "T" in "LIBERTY."

It might only get an MS-63, but I think it will catch a 64 because of the luster.

morgannut2

is there something on top of Lincoln's head, or is it the plastic?

joecheck

It's the plastic.

I'm hoping for higher than a 64R. The coin looks much nicer in hand. The picture was taken through an older flip.

BillJones

Yes, the mark above Lincoln's head is in the plastic, but the marks in the obverse fields and on his shoulder are on the coin. Grade-flation might give you a higher number than MS-64, but in the old days, this was an MS-64 coin.

LincolnCentMan

64RD

David

bestclser1

64rd

SamByrd

dont see a penny, but the cent is a nice ms64 red

joecheck

This will test my grading skills because I'm going against the popular decision with 65R. I'll let everyone know when I get it back.

coinguy1

In addition to the abrasions already noted, there appears to be a lighter area which might be a touch of stacking friction on Lincoln's cheek, as well as on the portion of his head that is above and to the right of his ear. I think a grade of lower than MS64 is as or more likely than one which is above MS64. I hope I'm wrong though.

coinbuf

<<This will test my grading skills because I'm going against the popular decision with 65R. I'll let everyone know when I get it back. >>

Keep us posted and I have my fingers crossed for you, but I'm betting your going to be disapointed.

Chris

LEAP269

ms63

Aurelius

MS-64RD or 63RD if the graders are cranky that day.

joecheck

It graded at ANACS MS60 Details.

I bought it as an MS67R...

Here

I expected at least an MS65R.

You live and learn!!!

Last time I buy from simplycoins!

joecheck

ttt

coinbuf

Ouch! That seems a bit harsh, I guess crossing my fingers did'nt help.

Chris

joecheck

Probably one too many phone calls to customer service?

Aurelius

I bought it as an MS67R...

Sorry you got ripped mate. The guy you bought that Wheat from has had 68 negatives in the past year, so that should explain it. As for his photo and the grade of 67 Red, he's either a clueless grader or a dishonest person. I can tell by that photo that that wheat isn't close to 66 or 67 because of all the "chatter" or junk on it. If ANACS detail graded it down to MS-60 then it was dipped or cleaned.

I'd suggest buying a couple of cheap ANACS, PCGS, or NGC certified MS-66 wheats as grading references, as nothing is like looking at the real thing.

Aurelius

TwoSides2aCoin

One positive about the University Of Numismatica....

The tuition is highest for freshmen and it graduates down until you are a senior. Then when you are a senior, you can't remember to look up what it's really worth and you sell it for what the young whippersnapper offered because you are too tired to fight and he's just a freshman
It's a vicious cycle, I tell ya.
Fine, I'll go on a limb and tell you that PCGS will offer up a blazing MS65RD... with a chance at upgrade at a later date. Maybe when gas hits a buck forty a gallon, again.

joecheck

<<If ANACS detail graded it down to MS-60 then it was dipped or cleaned. >>

Recolored! I'm disputing the Paypal payment. It's the only way to stop people like this.

centmaster

Am I missing something here? Why would you spend $50 to get a $20 coin graded?

ziggy29

<< <i>Recolored! I'm disputing the Paypal payment. It's the only way to stop people like this. >>

With grading being "subjective" and all, and if you did get the coin pictured, I don't see that you'd have a leg to stand on.

Good luck, though. The one problem with short return privileges on raw coins is that by the time a TPG bags it, the return period is over. Either that or it's voided because you took the coin out of the holder you received it in.

airplanenut

<< <i><<If ANACS detail graded it down to MS-60 then it was dipped or cleaned. >>

Recolored! I'm disputing the Paypal payment. It's the only way to stop people like this. >>

Sorry, but you deserve to lose this one. I looked at the coin and thought something was wrong with the color, and then saw your grade. That said, you got the coin and kept it. There was no grading guarantee, and you had it in hand to decide if it was worth what you paid and as described. Because the grading service didn't go your way is no reason to dispute the charges. If it went 66RD, would you have sent the seller extra money since that would make it worth far more money?

joecheck

<<If it went 66RD, would you have sent the seller extra money since that would make it worth far more money?>>


That makes no sense at all. I bought it as MS67R, so why would I send extra money if it graded 66R?!? Secondly, the auction did not say that the grading was subjective. So, where did you get your law degree that you think fraud is ok? I have plenty of reason to dispute the charge.

BobaFett72

SimplyCoins! = SimplyCrap!

take them up on their stellar return policy...

The satisfaction of Simplycoins! customers is and has been our top priority!!

We wish to build long lasting relationships with all of the Customer's we sell to. We pride ourselves on buying an excellent array of quality Rare and Collector coins.

What we sell are 3 Types of coins: US Government coins in Original Holder's, "Raw" Graded Coins(Not Certified or Encapsulated) and 3rd Party Certified and Graded Coins.
****A note on Grading!!! Grading is an Art not a Science and IS only an Opinion. You the bidder are the final judge of a coins Grade!!

coinguy1

<<That makes no sense at all. I bought it as MS67R, so why would I send extra money if it graded 66R?!? Secondly, the auction did not say that the grading was subjective. So, where did you get your law degree that you think fraud is ok? I have plenty of reason to dispute the charge.>>

Ok, then, what if it had graded MS68RD - would you have sent extra $ then? On a more serious note, the auction need not have stated that " the grading was subjective", as that fact is widely known/understood throughout the industry, including, I imagine, by YOU. I think that is a cop-out on your part. Also, there is no proof of "fraud" and, by the way, I DO have a law degree.

This appears to be yet one more case where a buyer thought he was getting a very good deal, but got a bad one, instead.

Edited to add: if the quote below is from their listing, then, even though they had no obligation to do so, they did state that grading is subjective:

"****A note on Grading!!! Grading is an Art not a Science and IS only an Opinion. You the bidder are the final judge of a coins Grade!!"

airplanenut

<< <i><<If it went 66RD, would you have sent the seller extra money since that would make it worth far more money?>>


That makes no sense at all. I bought it as MS67R, so why would I send extra money if it graded 66R?!? Secondly, the auction did not say that the grading was subjective. So, where did you get your law degree that you think fraud is ok? I have plenty of reason to dispute the charge. >>

Ok, so go with Mark's what if it graded 68RD? A 67RD is a thousand-dollar coin. If you really thought you were getting that for $50, then I suggest learning a bit more about buying raw on eBay. The fact is that you had the coin, and the option to return it if you weren't satisfied. It seems that you were satisfied until ANACS disagreed with you. That isn't the seller's fault. It's a hard truth to learn, but if you're going to buy raw coins, you have to learn to grade them yourself. Even when you're good, you'll still end up paying tuition every now and then...

joecheck

I agree that my grading skills need to be expanded upon. However, if you advertize that a coin is MS67R and it is MS60 Recolored than you are attempting to fraud someone. The title "Dealer" does not give you a free pass.

ziggy29

<< <i>I agree that my grading skills need to be expanded upon. However, if you advertize that a coin is MS67R and it is MS60 Recolored than you are attempting to fraud someone. The title "Dealer" does not give you a free pass. >>

Agreed. And that's one of the main reasons why you see so many people "exposing" bad sellers (and sometimes bad buyers, too) and trying to educate newbies and inexperienced collectors that there ain't no Santa Claus.

In fact, as we know all too well, many individuals were sued because of it.

flaminio

<< <i>Recolored! I'm disputing the Paypal payment. It's the only way to stop people like this. >>

Sorry you got PWN3D but disputing the PayPal is not the way to go. Work it out through the seller's return policy. Otherwise, I'd suggest just reselling it and chalk it up to another damn life lesson. Remember, TANSTAAFL, and if you really thought you were getting a 67RD for $48, you're more thecourtjesterofcoins rather than thekingofcoins.

curly

There are plenty of "mousetraps" on e-bay, just waiting for someone looking for a rip. Nobody gives away good quality coins.