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How about a simple buffalo grading challenge...

This one is from Greattoning on ebay... graded by PCGS
No cheating! What grade would you give it?
image


To illustrate a point, I'm going to add a second coin:
Take a stab at this one too
image
I know, the pic is not as nice...

I am leaving the obverse out on purpose, as it does not help illustrate the point...

Comments

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    AUandAGAUandAG Posts: 25,036 ✭✭✭✭✭
    Pretty! VF30?
    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    MS62... Cheers, RickO
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    guitarwesguitarwes Posts: 9,308 ✭✭✭
    1st: VF

    2nd: EF

    But there are strike differences on both.........wes
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    f12 vf20
    Jerryf43
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    Just to keep this moving... would it suprise you that these are the same grade???

    they are...

    And they illustrate a point I was trying to make on the difference between fully struck buffs and non fully struck buffs and grading on a coin a week ago.

    Now, what grade are they?
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    razzlerazzle Posts: 998 ✭✭✭
    Tonedbuff,

    I'm very new at this, but I would agree with Jerry. There's a lot of wear at the horn. Toning is very pretty, but I can't tell if it's NT or AT. Part of my reason for giving my response here is that I'm about to post some 37Ds I just bought that I think are MS65 plus ( trying to get the pics right-may be a few days ). You are one of the ones I will be hoping will help me grade them.

    The second one, I'd be inclined to give a better grade, just on the strength of the horn.

    Looking forward to your "point."

    raz
    Markets (governments) can remain irrational longer than an investor can remain solvent.
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    capecape Posts: 1,621
    already have seen it , tonebuff this is in this holder only because it has a very strong obverse for the date. remember that pcgs tends to take the obverse and consider that for 60% of the grade and that is why this coin is in the holder at this grade. i dont want to say anymore as i dont want to give it away.
    ed rodrigues
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    Well, here it is: These coins are both XF (the first is XF45 as graded by PCGS) and the second is a raw, run of the mill XF coin.

    How can this be???

    Simple. The horn and flanks are overused as grading tools, allowing a lot of raw buffs to be undergraded and easily cherry picked. There are many buffs with incomplete strikes, which leave significant flat spots that look like wear. In the case of the first buff, look at the hind quarters, and the shoulder and head. All have flat spots THAT ARE NOT DUE TO WEAR, but due to an incomplete strike. You have to look at other details to capture the full grade of the coin. The high spots are virtually flat, but lower spots (which also get wear, mind you) don't show wear associated with how one might grade the coin. Grading by the horn and huge flat spots, the top coin would go Fine. But look at the detail lower down on the strike. Look at the ridgelines on the buffs neck, look at the lettering, and look at the eye and mouth. All details that in a F coin would be much more worn. The eye and mouth generally dissapear for the most part (become shapeless little bumps) by then and the neck (even the upper neck) takes on a flattened, squished appearance.

    Here is an NGC F coin
    image

    So, my point is that buffalo coins have to be graded with a full appreciation of the effects of strike. Flatness in key highpoints has to be evaluated in light of other points of wear to determine strike versus wear.
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    MercMerc Posts: 1,649 ✭✭
    By the old grading standards, it has a 3/4 of a horn so it is a F12. However, it looks like a horrible S mint strike from the 1920's. Many of these do not even have full horns in mint state. This coin looks like it still has mint luster in the protected fields. If it is a coin from the 1920's, it should grade AU50.
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    << <i>already have seen it , tonebuff this is in this holder only because it has a very strong obverse for the date. remember that pcgs tends to take the obverse and consider that for 60% of the grade and that is why this coin is in the holder at this grade. i dont want to say anymore as i dont want to give it away. >>



    Agreed to some extent... but it still illustrates a point about stike characteristics. The reverse is hacked all to pieces, but the piece is a legitimate XF despite what would otherwise appear to be excessive wear (and is not) on the reverse.
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    Need the date to know. They are more lenient on s mints from the 20's. That being the case I'd say VF.
    The best things in life are free except coins
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    1925S on the first coin. You are 100% correct, you need the date to know - as different dates are associated with differing qualities of strike. However, every date has its great and poor strikes...
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    koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭
    Looks to me that the reverse lacks detail not so much due to a poor strike but due to a combination of a badly eroded die and wear combined.
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    XF40
    image
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    mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    62
    coinimaging.com/my photography articles Check out the new macro lens testing section
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    capecape Posts: 1,621
    without sounding arrogant ,i know my buffs and striking characteristics, i recently had a 25s in baltimore november show go ms65. and beleive it or not the obverse on the 25s in xf that your showing is probably better struck. go ahead ask, how can this be? easy its studying and viewing many many buffs .you have to learn what is flatness of strike as to wear! please dont take this as im attacking your knowledge of buffs, im not and im only trying to help. there are many lousy ms buffs that dont even have a full horn but they rarely have luster breaks or flatness on the hip area. THIS IS WHY MOST PEOPLE CANT GRADE BUFFALO NICKELS . BUT ONCE YOU LEARN YOU CAN EVEN CHERRYPICK THE DEALERS AND MAKE ALOT OF$$ IN BUYING BUFFS THAT ARE UNDERGRADED .image
    ed rodrigues
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    MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭
    AU55
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    Cam40Cam40 Posts: 8,146
    image
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    dthigpendthigpen Posts: 3,932 ✭✭
    Amanda isn't here to win, though.
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    << <i>without sounding arrogant ,i know my buffs and striking characteristics, i recently had a 25s in baltimore november show go ms65. and beleive it or not the obverse on the 25s in xf that your showing is probably better struck. go ahead ask, how can this be? easy its studying and viewing many many buffs .you have to learn what is flatness of strike as to wear! please dont take this as im attacking your knowledge of buffs, im not and im only trying to help. there are many lousy ms buffs that dont even have a full horn but they rarely have luster breaks or flatness on the hip area. THIS IS WHY MOST PEOPLE CANT GRADE BUFFALO NICKELS . BUT ONCE YOU LEARN YOU CAN EVEN CHERRYPICK THE DEALERS AND MAKE ALOT OF$$ IN BUYING BUFFS THAT ARE UNDERGRADED .image >>



    I don't take it wrong, I just disagree. The amount of flatness on this coin, if purely wear, would cause this coin to go Fine. Yet, the flatness in these two areas is not reflected in the amount of wear on other parts of the coin. I don't claim to be an expert, and never will. I am a collector, not a dealer, not a pro. However, this coin clearly shows that there is more to grading than just looking at the horn, and the total wear and condition require that you look at more than the horn (which is clearly not fully present and coming to a point, which would be the 'techical grading' requirement for a XF.

    Nor am I claiming there is no wear, obviously, as an XF coin, these areas have seen a good bit of wear...

    I'm not sure really what point you are tying to make, other than disagreeing with me. I am NOT stating I am an expert in identification of wear versus flatness. I AM pointing out that in these examples, clearly not all the flatness is wear, as the coin does not otherwise fit standard grading practices. I picked a PCGS coin as it would be too easy just to say I overgraded this as XF45 (which likely would have happened). I agree with this coin as XF. So, it drives the question of HOW CAN THIS BE?
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    capecape Posts: 1,621
    again, i feel the only thing that carried this coin to xf45 was the obverse. if you have time check out the pre long beach goldberg auction buffalos and i think youll see what im talking about on the pourly struck 1920 series ms buffs offered and you will see they are ms, just poorly struck.
    ed rodrigues
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    buffnutbuffnut Posts: 935 ✭✭
    Is there really a disagreement? Lol- it seems you are both agreeing that the coin is legitimate XF45ish. If you haven't seen the obverse of this coin- it is a real treat! I'm not fond of the weak reverse and marks, but the obverse is spectacular in strike and color.

    Ed has some of the best looking buffs around. In fact when a dealer friend showed me some buffalos that he was selling, I pegged them as Ed's coins just from the "look". I guess that is kinda sad in a way that I would figure that out image My wife thought I was a dork before, now she knows it.

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