Undergraded Ike?

sumdunce · April 30, 2005 5:34PM

Recently noticed this coin on David Lawrence Rare Coins site and thought it looked undergraded:

Anybody care to explain how this coin did not make a MS67?

I believe the haze kept it from going higher and it may be worth turning over to NCS to improve the looks and then resubmit it to PCGS.

V/R

Sumdunce

itsnotjustme · April 30, 2005 5:44PM

The hit on the chin and the chatter on the face are the biggest draw backs. Still I've seen coins that (through images) looked worse.

Small downside risk and huge upside potential to what you suggest.

Did you buy it? It's not for sale anymore.

F117ASR · April 30, 2005 6:14PM

Looks pretty nice. Though I can see how the mark would keep it from being upgraded. How's the luster? What did you buy it for?

7summits · April 30, 2005 9:20PM

I've seen Ike's on DL's site that looked 61-62 to me with all the hits on the portrait and in the fields, yet were graded PCGS 65's and 66's. Looks like this one went the other way to me.

Rampage · April 30, 2005 11:36PM

Are those hairlines on the face? If they are hairlines, that would keep it from going MS67, as well as the chatter on the cheek as previously mentioned. The coin could have turned in the holder.

JRocco · April 30, 2005 11:55PM

I find it almost impossible to tell the difference between a 66 and a 67 from a pic like this. With the coin in hand it is a whole different story. There is too much of a difference the light angle can make in a digi pic or scan to fine tune a grade that much.

Coinhusker1 · May 1, 2005 12:11AM

Are my glasses bad, or is the date doubled? Is this common on 1974 Ikes?

sellsatan · May 1, 2005 12:28AM

That date does look to be fairly prominently doubled.

fivecents · May 1, 2005 12:38AM

Good eye Cornhusker1. Sure looks doubled to me.

Gandyjai · May 1, 2005 1:33AM

Nice Coin!

I think NCS can improve this coin. There are 4 things on the reverse NCS can take care of:
1. obviously, the haze
2. Spot forming underneath left wing at 3 O'Clock
3. What I call a PVC swirl near the rim at 9 O'Clock
4. Same swirly stuff between earth and the letters

Can't tell if top left wing feather is sharp and distinct.
Not many marks on the reverse, but the NCS will make the ones there stand out more....ie: edge of
right wing, and maybe some chatter near the top?

The obverse looks great with very few marks. A little chatter on the cheek, a little haze......but some obvious
planchet striations. I THINK PCGS seems to consider such striations to be a negative.

I think NCS would clean it up enough to garner an NGC MS67.....Then try and cross it.
That's what I would do with it.

Wexler lists a 74-D DD0.....For a marker besides the doubling....look for a die crack mark going North East
from the FG initials. Looks like as the same directions as the striations, so it might be hard to tell.

Good Luck with it!
Brian

I LOVE

IKES!

edited for spelling

sumdunce · May 1, 2005 3:08AM

Just to answer a few questions:

I did buy the coin.

I do not have the coin in hand yet.

I paid $142.50 (seemed low risk to me considering it may upgrade).

When I compared it to other MS66 Ikes imaged by DLRC the face seemed so much cleaner that I had to pull the trigger and see if my thoughts that it would upgrade are correct.

ER · May 1, 2005 3:27AM

Don't think it will upgrade.

sumdunce · May 1, 2005 3:53AM

Is there a website to look up what DDO variety it is (if it is indeed a DDO)?

sinin1 · May 1, 2005 10:25AM

CONECA has DD and PMs

Ikes

sumdunce · May 4, 2005 5:12AM

I got the coin today.

There are three contact marks in the fields that I believe keep this coin at MS66 (the strike is a bit weak too).

Nice coin, and still a great addition to my Ike registry set.

BillJones · May 4, 2005 5:32AM

It's got some tiny hits on Ike's face, some less attractive toning, a small spot on the reverse below the ealge's left wing and it it's not a glow in the dark Proof-Like. Other than that it would be an MS-68.

Seriously MS-66 is all I could ever see for this coin unless the standards get lowered.

sumdunce · May 4, 2005 5:44AM

It's got some tiny hits on Ike's face, some less attractive toning, a small spot on the reverse below the ealge's left wing and it it's not a glow in the dark Proof-Like. Other than that it would be an MS-68.

The real kicker are the three hits in the fields (one on obverse, two on reverse). The dark streak below the back of the neck to the right of the D is a slide that is rather deep. On the reverse there are two deep slides between the wing and the tail feathers.

This leads me to believe it is a nice MS66 but it is no MS67.

Longacre · May 4, 2005 5:48AM

Does it look hazy to anyone or is it just me?

BillJones · May 4, 2005 5:57AM

<< <i>Does it look hazy to anyone or is it just me? >>

Hazy does not translate into lower grades. Neither do milk spots on cameo Proof coins.

At least that's the way it seems to me when look at them at the shows.

BUT maybe they got that way AFTER they were slabbed, and maybe they didn't.

sumdunce · May 4, 2005 6:02AM

Yes, it is hazy.

That is why I thought it may be a candidate for upgrade.

BillJones · May 4, 2005 11:03PM

Most collectors seem to find "hazy" unattractive. That's why so many silver Proof coins from the 1936 to 1942 era have bee dipped.

If you dipped this Ike dollar, the marks would only show up more strongly, and at least one or more of the spots would look worse. Also given that it is copper-nickel, the coin might not be very stable and could revert to a more unattractive look.

Undergraded Ike?

Comments

Leave a Comment