Is Au 53 a problem grade?

Seems to me it is. A "net grade" of sorts.
I looked at a 1861 $10 in AU 53 yesterday.
Not bad, except for the excessive marks.
The more I see, the more I conclude that these are coins that would grade higher if not for some sort of problem.
I looked at a 1861 $10 in AU 53 yesterday.
Not bad, except for the excessive marks.
The more I see, the more I conclude that these are coins that would grade higher if not for some sort of problem.
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Comments
please notice the range of grades. it should be very obvious
which coins deserve the MS grade, while the AUs show less luster
but no real obvious wear. a low AU can have some marks but
nothing really obvious.
an AU can come in a wide range of looks in my mind but the common
theme should be it simply does not deserve the xf45 grade.
the coins in that range are obviously circulated at first glance.
--- CCU is right. i am just lucky enough to show a gold example
because that is what i collect.
designset
Treasury Seals Type Set
Ummmmm.............
Wouldn't all coins grade higher if it were not for some sort of problem?
Ray
I don't think of 50, 53, or 55 as "problem" grades at all.
Yes, generally, I think AU 53 means a specimen with some problems not ordinarily seen in higher graded coins. I would rather the grading services did not use this grade at all. JMHO
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Bruce
This is for "About Uncirculated" (the grade) and "53" (the numerical designation of that grade). Also called "Almost Uncirculated-53." There is obvious wear on the high points with light friction covering 50-75% of the fields. There are noticeable luster breaks, with most of the luster still intact in the protected areas.
Heres a AU-55 that looks pretty good to my eye:
thats a great looking coin
<< <i>AU-53 is one of my favorite grades:
Mine also!! XF45 to Au55 rocks, the coins have actually been used in commerce and who knows what stories they tell.
RYK, maybe its just the photography, but your coins seem to have much more "originality" to them. Did the coins shown in the AU grades from the previous poster seem dipped or recolored? No offense intended, they just seem "brighter". I have always wondered what the reddish type "haze" that seems present in the crevices of the devices of many old gold coins is. Is that a result up a dip clean or recoloring?
AL
<< <i>The more I see, the more I conclude that these are coins that would grade higher if not for some sort of problem. >>
Doesn't that statement hold true for all coins and all grades except for maybe the 70's?
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etexmike