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Rim damage question

coffeycecoffeyce Posts: 1,050 ✭✭✭
in U.S. Coin Forum
How much rim damage can a coin have to not receive a genuine grade I have a few older coppers which are easy to ding

say damage like this I have a 1851 us Penny with about the same damage

[URL=http://s366.photobucket.com/user/coffeyce/media/1797.jpg.html]image[/URL]

Comments

  • PerryHallPerryHall Posts: 46,266 ✭✭✭✭✭
    Serious enough that you'll get a details grade.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • derrybderryb Posts: 36,978 ✭✭✭✭✭
    Isn't a details grade a genuine grade?

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • PerryHallPerryHall Posts: 46,266 ✭✭✭✭✭


    << <i>Isn't a details grade a genuine grade? >>



    Yes.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • derrybderryb Posts: 36,978 ✭✭✭✭✭
    My bad. I thought OP was asking if it would at least get slabbed.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • ajaanajaan Posts: 17,407 ✭✭✭✭✭
    I believe that coin would get slabbed problem free. That isn't much damage for a GB 1797 1d.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • BillJonesBillJones Posts: 34,099 ✭✭✭✭✭
    The rim mark to the right of the "T" makes it marginal for grading IMO.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • PerryHallPerryHall Posts: 46,266 ✭✭✭✭✭


    << <i>I believe that coin would get slabbed problem free. That isn't much damage for a GB 1797 1d. >>



    I have seen worse but it looks significant enough to me and it would be easily visible in a prong slab. We'll have to agree to disagree.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • pufferpuffer Posts: 535
    You would be lucky to get NGC/PCGS/ANACS or ICG to straight grade it. They all have slightly different criteria on coins they are willing to straight grade and guarantee. I have thought about this issue recently with some gold coins with rim bag marks, I'm not sure where they draw the line. And they will not tell you unless they have the coin in hand and you spend the $$. Tolerances are wider for some issues that are common, ie flowing hair coins with light cleaning vs. Morgans with those issues. "Market acceptable" or not. If the coins get a number they are in the census, details/genuine coins are not counted in the census.
  • coffeycecoffeyce Posts: 1,050 ✭✭✭
    well im gonna give it a shot with 12 other coins im sending in to PCGS in HK. ill let you know how it turns out
  • PerryHallPerryHall Posts: 46,266 ✭✭✭✭✭


    << <i>well im gonna give it a shot with 12 other coins im sending in to PCGS in HK. ill let you know how it turns out >>



    Good luck and let us know how you do.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • AUandAGAUandAG Posts: 24,789 ✭✭✭✭✭
    It should grade....but it is not a US penny. Wrong continent...It's English.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • GManGMan Posts: 790 ✭✭
    I think OP has an 1851 US penny with rim damage like the picture posted. At least that's what I'm gathering. It's hard to say anything without a pic of the actual coin.
    GMan

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