Grade this 1936 Cincinnati 50c Commem... (large images) GRADE REVEALED IN 1st Post with questions.

VamGuy · February 27, 2007 7:16AM

PCGS Price guide values:
MS66 - $1,650
MS65 - $725
MS64 - $460

Ok, so based on the responses, the coin is quite likely NOT an MS66, and subsequently NOT likely to be valued anywhere near $1,650 as noted in the PCGS price guide. So the questions are...

Do I send the coin back and hope that they agree?
If you owned this coin, in this grade, would you send it back?
If I do send it back, under what level do I submit this coin for a downgrade?
And assuming it's downgraded to MS65 or lower, what "value" do they use when determining compensation?

Any help is appreciated.

JJM · February 27, 2007 7:18AM

dont know the series, couldnt even venture a guess, but I like it

commoncents05 · February 27, 2007 7:29AM

58.

-Paul

cwazzy · February 27, 2007 7:29AM

I'm not very good at grading yet and I don't know commems at all but I would guess 62 to 63. Is that a clash to the left of the portrait or is that part of the design?

Chris

VamGuy · February 27, 2007 7:30AM

<< I'm not very good at grading yet and I don't know commems at all but I would guess 62 to 63. Is that a clash to the left of the portrait or is that part of the design?

Chris >>

Part of the design.

CommemDude · February 27, 2007 7:32AM

Assuming the luster is intact, MS 64; the planchet roughness is not an issue as much as the several hits on Fosters eyebrow, cheek, hair.

combatmailman · February 27, 2007 7:43AM

AU imo

Outhaul · February 27, 2007 7:54AM

63 maybe a 64 on a lucky day. Too many obverse stuff going on.

richardshipp · February 27, 2007 7:59AM

Hmmmm.............. MS63 is my guess. Tough coin as some parts of it are very nice and other (ie. cheek) are a little rough. The huge pictures magnify the negative......... Hmmm..... OK changing to MS64....... Final Answer.

ricko · February 27, 2007 8:01AM

AU58/MS60..... Cheers, RickO

123cents · February 27, 2007 8:06AM

I'll say MS-65 but commemoratives are tough to grade.

relicsncoins · February 27, 2007 8:17AM

Looks to be some rub on the cheek, I'll say 58.

CoinResource · February 27, 2007 8:38AM

I doubt it would go 64+.

DRUNNER · February 27, 2007 8:52AM

I believe the 'rub' is more related to the picture (hope) . . . and this would be a 64.

Drunner

VamGuy · February 27, 2007 9:00AM

Grade revealed in 1st post. Help is also requested.

123cents · February 27, 2007 9:11AM

First thing I would do is go to Heritage Auctions Archives and blow up the images of the PCGS MS-66 Cincinnati's they have sold. See how they compare to your coin. Then take whatever action is necessary, if any.

ricko · February 27, 2007 9:12AM

Sell it as is.... Cheers, RickO

grip · February 27, 2007 9:15AM

<< 58.

-Paul >>

VamGuy · February 27, 2007 9:16AM

<< First thing I would do is go to Heritage Auctions Archives and blow up the images of the PCGS MS-66 Cincinnatis they have sold. See how they compare to your coin. Then take whatever action is necessary, if any. >>

I did that long before posting this thread, thank you. Based on my comparative assessment, in my opinion, this coin is overgraded by at least a point. The difference in value is over 100% between MS65 and MS66.

VamGuy · February 27, 2007 9:18AM

<< Sell it as is.... Cheers, RickO >>

I see, based on your assessment that this coin is AU58/MS60, you therefore suggest that I sell this overgraded POS in MS66 plastic and subsequently screw the next guy. All the while hoping he doesn't decide to return it and want a refund. Not quite the business plan I'm looking for, but thanks just the same.

123cents · February 27, 2007 9:23AM

VamGuy I would call PCGS and tell them your problem. Ask if they will make some kind of compensation if you send in your coin and they downgrade it to MS-65 or lower.

VamGuy · February 27, 2007 9:27AM

<< VamGuy I would call PCGS and tell them your problem. Ask if they will make some kind of compassion if you send in your coin and they downgrade it to MS-65 or lower. >>

I can call them tomorrow. I've never submitted a coin for downgrade review, but I know that there are some folks here who have experience in doing so. I'm trying to get advice from experience, rather than advice from a customer service rep who may or may not know what a request for downgrade means.

VamGuy · February 27, 2007 3:19PM

Any other suggestions, comments, criticisms?

mommam17 · February 27, 2007 9:00PM

Your first blown up picture shows a badly marked up face. The next picture, the coin with holder, looks much better. The marks aren`t noticible. The coin in hand probably looks even better, hence the 66 grade. I have had some nice buys on ebay because the blown up pictures make the coin look terrible, but the coin in hand is much, much nicer.

relicsncoins · February 28, 2007 12:37AM

I still think that scuff on the cheek and around the eye keep it at a 58. If it's slide marks from an album, than maybe a 63.

JJ

commoncents05 · February 28, 2007 12:52AM

I agree, I still think the coin has rub on the cheek. I would sell it or send it to PCGS. What did you buy it as?

-Paul

Higashiyama · February 28, 2007 1:32AM

I think it is unlikely that PCGS will downgrade this coin.

It is difficult to find an attractive Cincinnatis, and I think there are many coins out there where the numerical grade would surprise you. When the Cincinnati is original, the toning tends to be on the unattractive side; otherwise, the coins often have a monotonous dipped look. It is fairly common to find such coins in MS65 holders from both of the major firms.

With respect to this coin, it does have some positive aspects -- the obverse has quite nice character and luster for the issue, and the (not especially attractive but not ugly) mottled toning on the reverse helps to affirm the coin's originality.

As others have pointed out, large format photos can be extremely unflattering; the gut feeling I get glancing at the smaller photo is "gem", and sometimes this first impression is more important that the micro analysis.

Bottom line -- I suspect this coin is strong enough to argue low end 66, and that PCGS won't downgrade.

Higashiyama · February 28, 2007 1:41AM

PS -- take a look at the prices realized on the last five MS66 Cincinnatis auctioned by Heritage:

$ 834, 1438, 1380, 1392, 978

The substantial variance in price is at least suggestive of substantial qualitative differences in coins that are labelled MS66.

(As an aside, this is not an NGC versus PCGS difference -- all except the $ !392 are PCGS coins)

Grade this 1936 Cincinnati 50c Commem... (large images) GRADE REVEALED IN 1st Post with questions.

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