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guess the grade - 1916 SLQ

KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭
edited August 1, 2017 12:01PM in U.S. Coin Forum


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  • Cougar1978Cougar1978 Posts: 8,777 ✭✭✭✭✭

    EF 45

    Investor
  • DoubleEagle59DoubleEagle59 Posts: 8,377 ✭✭✭✭✭

    au50

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    I agree with Cougar - 45, but I'll bet it is in a 53 slab in spite of the ED spots.

  • BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭

    AU 50

  • clarkbar04clarkbar04 Posts: 4,979 ✭✭✭✭✭

    Could see that as a 58 struck from a heavily worn obverse die. (how many die pairs were used to strike 50000 coins?)

    MS66 taste on an MS63 budget.
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Heck, I can't even get one GTG correct. I agree w/above, reverse is a 55 to 58 IMO. Still, obverse has rub and spots and as I posted, my personal 45 (I don't buy many coins, LOL). Despite the friction, I would sell it raw as a MS. Ain't grading fun? One idiot (me) can see XF-45 to MS-62, depending on ownership and skill of the TPGS grader. .

  • BillJonesBillJones Posts: 34,796 ✭✭✭✭✭

    AU-50

    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 ... ?
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @BillJones said: "AU-50"

    Why? Remember, I'm learning. I believe once we grade it AU it has to go 53 at a minimum due to the "clean" surfaces. Are you at 50 due to the detracting spots?

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    53

  • ChrisH821ChrisH821 Posts: 6,730 ✭✭✭✭✭

    I'm not sure but I wish I had one.

    Collector, occasional seller

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    edited August 1, 2017 12:43PM

    AU53.

    If your 1916 or 1917 SLQ's don't have any spots, or lack odd mottled toning...chances are they've been dipped at least once. I think this one had some of the usual dark gray/blackish toning so often seen on these. And some of it was left behind.....or dip residue? A decent example imo.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭

    53/55

    Steve

    Promote the Hobby
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    edited August 1, 2017 12:54PM

    David! :s

    @dpoole said:
    VF-20

  • telephoto1telephoto1 Posts: 4,962 ✭✭✭✭✭

    My opinion...45 dipped long ago
    My guess on slab grade...50


    RIP Mom- 1932-2012
  • NumivenNumiven Posts: 382 ✭✭✭

    53 or 55

  • BillJonesBillJones Posts: 34,796 ✭✭✭✭✭

    @Insider2 said:
    I agree with Cougar - 45, but I'll bet it is in a 53 slab in spite of the ED spots.

    Yes, I would not pay a premium for that coin with that black tarnish on the head. AU-53 says you will pay for it than an AU-50 or be more likely to buy it for AU-50+ money. The head is the first place most experienced people look on Standing Liberty quarters. They go after that area with a 10X glass to check the detail on the head. If you were take that coin around to sell, that tarnish is a sticking point.

    Plus the coin is got a lot of wear up and down Ms. Liberty's body. The reverse is an AU-55 or 53, but that's not the side that sells the coin.

    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 ... ?
  • logger7logger7 Posts: 9,029 ✭✭✭✭✭

    First thought 53.

  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭

    @dpoole said:
    VF-20

    ouch :'(

  • BuffaloIronTailBuffaloIronTail Posts: 7,547 ✭✭✭✭✭

    Looks like a Full Head specimen with the slightest of wear. Funny thing, though...............there is no sign of any rub at the top of the date........the fist place it would appear.

    AU-58

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited August 1, 2017 1:50PM

    @BillJones said:

    @Insider2 said:
    I agree with Cougar - 45, but I'll bet it is in a 53 slab in spite of the ED spots.

    Yes, I would not pay a premium for that coin with that black tarnish on the head. AU-53 says you will pay for it than an AU-50 or be more likely to buy it for AU-50+ money. The head is the first place most experienced people look on Standing Liberty quarters. They go after that area with a 10X glass to check the detail on the head. If you were take that coin around to sell, that tarnish is a sticking point.

    Plus the coin is got a lot of wear up and down Ms. Liberty's body. The reverse is an AU-55 or 53, but that's not the side that sells the coin.

    Thanks! That proves I have no experience grading this type of coin as the first place I look at on a SLQ is the knee as the strike affects the amount of detail on the head too much.

  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭
    edited August 1, 2017 1:54PM

    B)

  • This content has been removed.
  • PurfrockPurfrock Posts: 545 ✭✭✭

    AU55

    EAC, ANA Member
  • GRANDAMGRANDAM Posts: 8,763 ✭✭✭✭✭

    VF-35

    GrandAm :)
  • BillJonesBillJones Posts: 34,796 ✭✭✭✭✭
    edited August 1, 2017 2:28PM

    @Insider2 said:

    @BillJones said:

    @Insider2 said:
    I agree with Cougar - 45, but I'll bet it is in a 53 slab in spite of the ED spots.

    Yes, I would not pay a premium for that coin with that black tarnish on the head. AU-53 says you will pay for it than an AU-50 or be more likely to buy it for AU-50+ money. The head is the first place most experienced people look on Standing Liberty quarters. They go after that area with a 10X glass to check the detail on the head. If you were take that coin around to sell, that tarnish is a sticking point.

    Plus the coin is got a lot of wear up and down Ms. Liberty's body. The reverse is an AU-55 or 53, but that's not the side that sells the coin.

    Thanks! That proves I have no experience grading this type of coin as the first place I look at on a SLQ is the knee as the strike affects the amount of detail on the head too much.

    Don't feel badly. Once you get out of the Mint State grades, I usually under grade these coins, so those who say higher than AU-50 are probably right about the slab grade

    Looks like a Full Head specimen with the slightest of wear. Funny thing, though...............there is no sign of any rub at the top of the date........the fist place it would appear.

    AU-58

    Pete

    If she has a full head, which I can't see (She has a face, but not any of the other details), she has " black tarnish cancer" to go with it which is not a good thing from the esthetic point of view.

    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 ... ?
  • KoveKove Posts: 2,038 ✭✭✭✭

    AU 53

  • RollermanRollerman Posts: 1,897 ✭✭✭✭✭

    It looks like a 55 to me.

    "Ain't None of Them play like him (Bix Beiderbecke) Yet."
    Louis Armstrong
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @BillJones said: "Don't feel badly. Once you get out of the Mint State grades, I usually under grade these coins, so those who say higher than AU-50 are probably right about the slab grade."

    I do also as I'm considered a conservative grader.

    @BuffaloIronTail said: "Looks like a Full Head specimen with the slightest of wear. Funny thing, though...............there is no sign of any rub at the top of the date........the fist place it would appear."

    IMO, there never was a FH on this coin and there is nothing left to even say it is close to one now. Additionally, according to the two grading guides showing the first points of wear (in color) on these coins it is not the date area! :)

  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭

    @Rollerman said:
    It looks like a 55 to me.

    @Rollerman said:
    It looks like a 55 to me.

    we have a winnah, congrats!

  • coinkatcoinkat Posts: 23,836 ✭✭✭✭✭

    I suppose we would all like to see it in hand first before offering an opinion. I really am unable to grade this one higher than 45 without seeing it in hand first.

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

  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭

    @Purfrock said:
    AU55

    another winnah!

  • BillJonesBillJones Posts: 34,796 ✭✭✭✭✭

    @coinkat said:
    I suppose we would all like to see it in hand first before offering an opinion. I really am unable to grade this one higher than 45 without seeing it in hand first.

    There is too much luster to call it an EF-45, even with the tarnish issues. Some might try to pay EF-45 money for it, but that's a bit rough. This might be a case where some restorative work could make the coin easier to sell. Think of it this way. The tarnish might be result of less than perfect dip years ago.

    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 ... ?
  • coinkatcoinkat Posts: 23,836 ✭✭✭✭✭

    Bill.. There is lustre and that is obviously significant in terms of meeting the AU requirements. I am more concerned with the quality of the surfaces. The image leads me to at least consider an EF45 grade based on the surfaces. The coin does not have that original appeal which I consider critical... Others do not see that question as critical as I do.

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

  • edited August 1, 2017 3:42PM
    This content has been removed.
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Circulated coins are graded by the amount of detail that is lost. The coin is not a commercial XF although in the 1960's (before anyone ever heard of the AU grade) an XF coin looked just like the lustrous reverse! I'm old school and locked into the "old ways." Yet I think I understand the new way we grade.

    Net graders deduct from quality of surface. Unfortunately, the folks who wrote the ANA grading guide attempted to combine two different factors, wear and # of marks (choice/typical) into one equation. Unfortunate mistake that leads to deduction for black spots (eye appeal) by a few here.

  • coinkatcoinkat Posts: 23,836 ✭✭✭✭✭
    edited August 1, 2017 4:00PM

    Grading remains an opinion and not a math problem. There is room and reason to agree and disagree. And the discussion can and should be in a civil tone as expressed within this thread.

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

  • FairlanemanFairlaneman Posts: 10,426 ✭✭✭✭✭
    edited August 1, 2017 4:08PM

    @coinkat said:
    Grading remains an opinion and not a math problem. There is room and reason to agree and disagree. And the discussion can and should be in a civil tone as expressed within this thread.

    No matter what you say I think its AG at Best. You should know by now that most of these clowns have No Idea how to grade. Just quit showing nice coins for them to tear down with stupid replys.

    Tee Hee.

    Ken

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited August 1, 2017 4:15PM

    @coinkat

    Grading has always been an opinion. Although, nothing I posted has anything to do with "math," in your defense you may be interested to know this: Some proposed grading systems in the past that never came close to being adopted after publication used math equations to establish a grade. The ONLY ONE that actually made it into limited use appeared in Chapter 8 of the N.C.I. Grading Guide.

    BTW, I personally believe that the more we (you and I) agree with those who set the standards (er what? LOL), the better our opinion will seem to our peers. :wink:

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Note to whomever removed my snarky comment (by magic?) before I finished posting it - thanks!

  • BuffaloIronTailBuffaloIronTail Posts: 7,547 ✭✭✭✭✭

    Looked like the ear hole was there under the gunk. What the heck......I was only 3 points off. I should stick to Buffalos.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • coinkatcoinkat Posts: 23,836 ✭✭✭✭✭

    Interesting responses... A math problem as an example for comparison to grading is merely to illustrate that math is exact. We can all agree that 2 +2 = 4. Even Tom Lehrer and New Math from 52 years ago does not change that. Grading is not exact and it never will be... So grading is an opinion based on how one sees a coin. Not everyone sees a coin from the same point of reference. Understanding the point of reference of a collector and grader seems to missing from the discussion. Opinions will not always be the same and even if there is agreement at the end of the discussion, the thought process and considerations along the way just may not run parallel. PCGS likes this as a 55... Without seeing it in hand, I do not. Their opinion is highly sought after... I merely respond to threads and submit my coins and am content with that.

    Fairlaneman...the fact that I place value in the quality of surfaces at the AU level does not make me or anyone else that does a clown. My view and opinion is different; predicated in the belief that originality still means something.

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

  • AU55 and please enter me in the giveaway! :)

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Get in line!

  • jtlee321jtlee321 Posts: 2,365 ✭✭✭✭✭
    edited August 1, 2017 8:31PM

    The obverse looks to be XF-45 and the reverse would be AU-55 with a net of AU-50 in my book. If I had the money and was in the market for this coin, I'd pass and find another one that would be a better representative of AU-55.

  • SoldiSoldi Posts: 2,177 ✭✭✭✭✭

    EF 45. I believe you cannot deduct for that which was never there. Weak obv strike?

  • CommemKingCommemKing Posts: 2,202 ✭✭✭✭✭

    XF45

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Looks 53+, 55- to me.
    I would grade it 53, PCGS probably said it was 55.

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭

    @Insider2 said:
    Circulated coins are graded by the amount of detail that is lost.

    And for the grades of VF30-AU58....also by the amount of luster they retain. It is often impossible to separate assumed wear from striking issues. Luster in the upper circ grade ranges can assist with that. Been that way for as long as I've been around.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • BillJonesBillJones Posts: 34,796 ✭✭✭✭✭

    @coinkat said:
    Bill.. There is lustre and that is obviously significant in terms of meeting the AU requirements. I am more concerned with the quality of the surfaces. The image leads me to at least consider an EF45 grade based on the surfaces. The coin does not have that original appeal which I consider critical... Others do not see that question as critical as I do.

    My experience with grading Standing Liberty Quarters is that I constantly under grade them. What I call VF turns out to be EF according the experts and on down the grading line.

    EF-45 graded coins are supposed to have traces of luster in the protected parts of the design. The way grading goes these days, they are lucky of they have EF-40 sharpness. The EF-40 grade has often been "degraded" if you will excuse the pun. it is now what VF-30 or 35 used to be. I would be shocked if this coin is in anything less than an AU-50 holder. It's probably is something higher.

    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 ... ?

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