Die Polish Lines/effect on grade
newcollect
Posts: 205 ✭✭✭
I know this subject has been discussed however did not find a bare bones answer in the threads. I have some coins to send off both MS & PF that have very prominent lines, . These Are from sets I have had for years still in original package so they are not hairlines. Just thought it was time to have them graded. These coins are beautiful, no luster breaks nicks stains spots or haze.Was wondering how our grading company looks at these.
THANX
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This is only my take, others with more experience grading and submitting coins may have a better explanation. I have never had a coin grade less than I expected when it had clear die polish lines. I actually consider them a positive when I look at Mercury dimes.
If they are clearly die polish lines, it should have no effect on the grade. However, I believe it would keep a potential '70' at 69 or 68.... JMO.... Cheers, RickO
It should have no effect, but ricko's reasoning makes some sense.
So it **may **have some bearing on the net grade assigned to the piece ?
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My experience has been they will keep a coin out of the really high grades. For instance, look at some MS68 Morgans. I was told by a grader a while back that they will hold coins back from those lofty grades. It appears to be true.
They theoretically have little, if any, effect on the grade of a coin. However, and this is a big however, there are many, many folks who do not like the appearance of such coins and, as such, many of these coins have lower liquidity and/or secondary market value.
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TomB's comment also applied to other mint-made 'distractions': adjustment marks (file marks, made at the mint) on early federal coins, relatively minor planchet flaws/delaminations (but major ones might bring more money), etc.
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Is Die Polish the the same as Fingernail Polish?
I would think it would effect the PR more than a BS/MS.
I had a nice 1878-cc Morgan dollar in a PCGS MS66 holder at the Fun show around 2000 and walked it over to the HA table where Jim Halperin was buying. He said he liked it though it had parallel striations on the cheek/obverse. They could be confused for mishandling possibly. He bought it around Bluesheet, probably a cac coin today. Another aspect to that story is that I had showed it to a local shop owner when it was in an Anacs MS66 holder after I had cracked it out of a 65 holder, and the guy at the shop said I would never get it into a "real" 65 holder again and offered me 64 for the Anacs 66 coin.
Go look at the 67 and 68 Morgans on HA, they do not have striations on very many of them. It does matter on those grades.
I had graded this one at PR63/64 CAM when submitting for grading, PCGS recognized the striations as die polish and gave it a PR66 CAM. SO...maybe they help!
I ordered a type II $20 once from Kleinman, where the certified coin had more die made lines than any one I had seen, he said it was mint made where the workers would swab out of the dies often leaving substance that would come out on the strikes. Strange.
I had a sub of 10 dimes with die polish lines. none came back with a +. I've always wondered if the die polish was regarded as a mark down for eye appeal.
Whereas they can prevent the overall eye-appeal from being absolutely stunning, they can, but not necessarily, preclude super-high grades. Should be no effect at 67 and below.
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As Messydesk said, the die polish lines have an effect on eye appeal. Eye appeal is the # detriment of grade. Lots goes into eye appeal, but die lines hurt.
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I have had a couple with die polish come back as cleaned. If I was comparing a couple MS66's and one had die polish and the other did not, I would choose the one without.
May keep it back a point or a half and no "abcde12345" not nail polish, but polish lines are scratches on the die that strikes the plainchant to make the design on the coin they are raised up and not scratched into the coin is how you can tell if they are polish lines or die scarcest and not hair lines from cleaning or rubbing.
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They are like fingerprints. Technically they don't affect the grade, but psychologically they could keep a coin out of a higher grade.
But with 2 graders and a finalizer, they shouldn't affect the grade
First ask yourself if you have EVER seen a 70 with die polish or other defect in the same category? I say it may down it for eye appeal and stand by that it should not affect the grade, but I'd say yes to the final result of it having an effect on your grade. Don't think you will get a 70 cause it will more than likely come back a 68. Sorry.
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Agree with messydesk. It can preclude above 67 if it detracts from eye appeal. I for one love them though. Nothing like a heavily scrubbed up die. This thread could use some more pics
On the older maple leaf coins from Canada, die polish lines are part of the design.
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