How do you price "details" graded coins?

kmcoin

Heritage (among other places) sell a number of ANACS "Details" graded coins.

You can look up price for the "problem free" grade on various sites..but what about a details grade?

On anacs webpage they have a FAQ for "What does your grade mean?".

It appears they subtract a few grades from the details..for example:

AU 50 (details) == F 15,12 (problem free)

Would you look up pricing for a F12/15 problem free piece and use that as your basis for the AU 50 details coin?

Any other ideas or methods?

PerryHall

Depends on how severe the problem. There is a big difference between "lightly cleaned" and "holed".

Julian

There is no formula for pricing coins with faults.

The rarer the coin, the more likely that it will be good enough for someone.

Fairly common coins with faults are far less desirable and then it does depend on the degree to which the coin is damaged, etc.

Finally, just because one service determines a coin to be damaged, doesn't mean everyone will.

This area of numismatics is truly supply and demand; what a willing buyer and willing seller can agree on.

Dennis88

Depends on both rarity, availability and condition. I think that each coin must be priced individually with care. There is absolutely no way to look up a price in a price guide for a net-graded coin.

Dennis

Baley

ANACS used to assign a "net grade" based on their evaluation of how severe the damage.
For example, a coin might be AU details, cleaned [light cleaning under magnifying] net EF40.
Another coin might be AU details, cleaned [harshly and abrasively, obvious to naked eye] net Fine.

Now that they don't do that, it's just details grade, it's a lot less useful.
so yes, "it depends"

123cents

I would go by the prices realized at the Heritage Auction site. Many ANACS coins in different denominations and different grades are sold with problems. Most have been cleaned, scratched or whizzed. See what these coins sold for with the different problems and go from there.

mozin

123cents,

Good suggestion. My way of dealing with ANACS Details coins is much easier, I simply pass on them.

BigTom

A light cleaning on an older series, say an attractive bust quarter, or on a truly hard to find date (or expensive one like an 89cc) is one thing and should be priced approximately a grade lower. Anything else should be avoided. that said, from "net graded" coins I've tracked at Heritage, pricing it a full grade lower won't win you the coin. But that would be my appetite for a net graded piece.

RichieURich

<< <i>A light cleaning on an older series, say an attractive bust quarter, or on a truly hard to find date (or expensive one like an 89cc) is one thing and should be priced approximately a grade lower. Anything else should be avoided. that said, from "net graded" coins I've tracked at Heritage, pricing it a full grade lower won't win you the coin. But that would be my appetite for a net graded piece. >>



Light cleaning might go half a grade lower, average cleaning one grade lower, damaged or repaired probably 2 grades lower, holed and plugged two to three grades lower. But again it depends on the coin, if it's rare enough, it might bring good money anyway.

kmcoin

Thanks everybody. All the responses have been very helpful!