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Do you have a grade cutoff ?

In my never ending quest for gold , I try to stay above AU50 . (Although I do have lower).

Comments

  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭
    Generally, XF45...but I make exceptions when warranted.
  • winkywinky Posts: 1,671
    AU50, mostly around XF40.
  • BustCudsBustCuds Posts: 1,096 ✭✭✭


    Usually AU and higher, though have A few VFs' for the early dates.
  • BillJonesBillJones Posts: 34,617 ✭✭✭✭✭
    For gold EF-45 is as low as I will go. For the copper and silver, I have not gone below Fine. The lowest grade coin in my type set is a 1796 half dollar in Fine 15. And yes that is an expensive coin, even in that grade. I would have preferred a VF, but that was what was available.
    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 ... ?
  • keyman64keyman64 Posts: 15,521 ✭✭✭✭✭
    It all depends on the coin.

    A 1950-1964 Toned Proof might be different than an 1812 50c etc.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    AU58 with a couple of exceptions
  • BoosibriBoosibri Posts: 12,352 ✭✭✭✭✭
    For gold VF35 for especially rare coins like this 47-O $5.

    image
  • Interesting question but it truly depends on what you are doing. If building a P1 set then higher grades would not work.
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    My cutoffs (dates are approximate) for business strikes:
    18th century: VF30
    1800-1815: EF40
    1816-1837: AU50
    1838-1877: AU55
    1878-present: MS64

    Proofs: 64
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • DennisHDennisH Posts: 14,009 ✭✭✭✭✭
    01 is as low as I will consider.
    When in doubt, don't.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
  • TomBTomB Posts: 21,941 ✭✭✭✭✭
    The lowest graded coin in my collection has a numerical grade of 10.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • sparky64sparky64 Posts: 7,041 ✭✭✭✭✭
    No. Well, sort of no.



    It's a budget thing.



    The lower the year, the lower the grade, etc....

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • NapNap Posts: 1,743 ✭✭✭✭✭
    Certain coins retain a reasonable look down to the grade of good. Some just don't look very nice below VF, or even AU.
  • WalkerfanWalkerfan Posts: 9,628 ✭✭✭✭✭
    My range is MS 63-67. I own one 62 that I plan to have reconsidered someday.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • coinkatcoinkat Posts: 23,679 ✭✭✭✭✭
    No- Its about the look more than the grade.

    Experience the World through Numismatics...it's more than you can imagine.

  • BryceMBryceM Posts: 11,846 ✭✭✭✭✭
    I have little tolerance for coins with details grades. The lowest numerical grade in my core collection is F12, which for Small Eagle material suits me just fine. I would have no problem owning a 1796 quarter or chain cent down to G-4 or so.



    Peace dollars are nasty below MS64.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    For 19th century silver type my range is PO-1 to MS/PF68. Can't afford the 69's....and I've yet to see one I actually thought was a MS69.







    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Cougar1978Cougar1978 Posts: 8,657 ✭✭✭✭✭
    If I cannot afford a coin in MS65 or higher, I do not buy that issue. I believe MS69 Mods offer excellent value at the present time. All of my Gold Coins are slabbed mods in MS69-70. My cutoff was AU50 but I have since blown much of that material out at auction (Classic Coins) due to current market conditions, extremely slow retail sales.
    Coins & Currency
  • Jackthecat1Jackthecat1 Posts: 1,122 ✭✭✭
    Not really. I would have no problem with a Poor-01 Chain cent or 1796 quarter.
    Member ANS, ANA, GSNA, TNC



    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,485 ✭✭✭✭✭
    Basal State can be awesome…
    that is , if one knows , or believes the story that comes with it.




    In this case, a man came to the shop with a coin that he said was a brand new 1922 Peace Dollar that he won at a carnival in 1934.

    Says he carried it with him ever since that day when he was 12 years old. I took this photo in 2009 upon seeing it and hearing him tell the tale.
    I had no reason to doubt him. And for what it's worth, I never thought a pocket piece could be so lovely.

    image

  • jdimmickjdimmick Posts: 9,749 ✭✭✭✭✭
    I have one coin in vf-35, because I like it very much. probably a 40 anyhow in todays market.

    My avg grade range is au-50-55

  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭
    Tough question. Especially in gold, I have seen some 35's with more eye appeal than 61's. It is about finding a coin that speaks to me.
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭
    Looking at my registry G4 to MS68, all depends on the coin itself
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    If I were to put a label on preference, I would say XF45 or above... however, if a coin

    attracts me, then the grade is not relevant... Cheers, RickO
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  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    As I stated earlier, My cutoff grade for Major Error Coins is AU58. My preferred grade for major error coins is MS65 and is probably what my whole collection/ inventory is if I averaged out all the grades.
  • IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    I have a $10 Liberty that grades About Good 3. It is one my favorite coins, and gets shown around a lot. By the time I get around to selling it,

    it might only grade Fair 2. How it received that much wear and survived is a mystery to me.
  • johnny9434johnny9434 Posts: 28,972 ✭✭✭✭✭
    Originally posted by: MidLifeCrisis
    Generally, XF45...but I make exceptions when warranted.


    i do the same.
  • s4nys4ny Posts: 1,573 ✭✭✭
    XF 45
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    My cutoff is MS-Budget.
  • CuKevinCuKevin Posts: 1,734 ✭✭✭✭
    It's more of a budget cutoff for me. Then it depends on the series. For example, with Morgan Dollars (not a main focus of my collecting) I generally won't spend more than $1k and likely won't buy less than an MS 63 without some good reason.
    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Choice Numismatics www.ChoiceCoin.com

    CN eBay

    All of my collection is in a safe deposit box!
  • HoledandCreativeHoledandCreative Posts: 2,821 ✭✭✭✭✭
    VG-Proof for holed coin collection. Of course, the higher grade the better, if affordable. Am looking for a holed AU or so 1912-S Nickel.
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Like others have said....



    I don't ask "how low will I go" in grade. It's more "how high can I go" in price.



    My often broken rules go something like:

    - $300 on type set coins.

    - $200 on early walkers for my set

    - $100 on late date walkers for my set (completed)

    - $250 on 3-cent nickels for my set



    (Don't ask how I came to those numbers....they evolved than they were determined by any logic).



    There is quality in every grade.
    Easily distracted Type Collector
  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    I have a financial cutoff.

  • JedPlanchetJedPlanchet Posts: 908 ✭✭✭
    I'm also a budget cutoff person. I look for the best quality/price ratio I can find. And I don't mind a details graded coin from time to time as long as the problem isn't too distracting.
    Whatever you are, be a good one. ---- Abraham Lincoln
  • luckybucksluckybucks Posts: 1,318 ✭✭✭
    MS62 is as low as I go, with exceptions.



    I do have a limit to how HIGH a grade is too. I have no use for MS67+ coins, and would rather slab them and flip them for something else.



    So MS62 to MS66 is right in my wheel house.
  • csdotcsdot Posts: 705 ✭✭✭✭
    In practice it has been MS63 for my type set (7070 style, as I am not brave enough to start the older material yet).



    For Morgans and Saints, I shoot for MS65, but in practice far too many MS64s make the cut.

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