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Is Au 53 a problem grade?

au58au58 Posts: 1,288 ✭✭✭
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.

Comments

  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    It depends on the series.
  • fcfc Posts: 12,793 ✭✭✭
    my half eagle pics with grades.

    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.
  • nothing problematic here at 53:
    image
    USPI minimalist design collage
    image
    designset
    Treasury Seals Type Set
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    Believe it or not, but I do have an 1861 Eagle in a PCGS AU-53 holder and no, I do not think it has any problems. It looks great to me. I bought it off of eBay as a ACG MS-60 where I paid XF money for it.

    image
    Tom

  • lathmachlathmach Posts: 4,720
    The more I see, the more I conclude that these are coins that would grade higher if not for some sort of problem


    Ummmmm.............
    Wouldn't all coins grade higher if it were not for some sort of problem?

    Ray
  • DarkmaneDarkmane Posts: 1,021
    I was under the presumption that only wear... plus net grading... determined circulated grades.

    I don't think of 50, 53, or 55 as "problem" grades at all.
  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    With Morgans I see AU53s that run the gamut, but I don't think it is really any different than other split grades. I do think, though, that AU53 is the default number for coins that are otherwise AU58 except they have one or two big marks in the wrong place; or that are AU58s or 55s in terms of wear, lustre and strike but are overly baggy.
    When in doubt, don't.
  • mozinmozin Posts: 8,755 ✭✭✭
    On Busties, I think AU 53 sometimes means a specimen with ordinary wear between AU 50 and AU 55, and having no special problems. More often than not, I see the holder grade of AU 53 meaning a higher graded coin for luster and wear--- but it has too many digs, or some cleaning hairlines, or some other problem making it unsuitable for the higher grade label.

    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
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • I don't think that the AU grades are indictive of anything. Some say that MS62 and MS61 is a "I can't tell if it is AU58 or an Uncirc grade". I dont believe so and have examined these coins closely. Minor rub or what I would call bag rub from the coins rubbing is still considered in most cases to be uncirculated. My suggestion is dont read to much into it since in reality the scale was orginally set up to step by 1s from 1 to 70.
  • TennesseeDaveTennesseeDave Posts: 4,809 ✭✭✭✭✭
    This is a Pcgs Au-58,formerly Anacs 61



    imageimage
    Trade $'s
  • Interesting that you would take the chance of submitting that 1886 O. Must have been some reason you did so. I avoid these types of situation and rarely take coins out of any holder (assuming of course you did not accept a downgrade) and let the grader do it for whatever reason.

  • AU53 is primarily for coins with the luster of a 55, but the detail of a 50 (or visa versa)
  • LongacreLongacre Posts: 16,717 ✭✭✭
    Depends on the coin. I have an AU53 quarter eagle that looks great.
    Always took candy from strangers
    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)
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Does that mean that EF45 or VF35 are "problem grades" too?
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    AU-53 is one of my favorite grades:

    image

    imageimage

    image
  • skier07skier07 Posts: 4,394 ✭✭✭✭✭
    Why would you turn a $500 to $700 coin into a $100 coin? I'm sure you have your reasons.

    Bruce
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    I don't think any blanket statement can describe a grade. Sure some of the posts above me can very well be true. One thing also is a 53 can be better than a just made it 50, just like a VF-25 can be more of a solid VF compared to a just made it VF-20. Grades are soooooo over-rated IMO.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • LeeGLeeG Posts: 12,162
    AU-53
    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:

    image
  • "1879S 426,200 Minted, PCGS AU53"
    thats a great looking coin image ill take those kind of problems hehe


  • << <i>AU-53 is one of my favorite grades:

    image

    imageimage

    image >>




    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?
    Luck happens when preparation meets opportunity.
  • It's less of a problem than AU-50.......image



    AL
  • etexmikeetexmike Posts: 6,852 ✭✭✭


    << <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? image

    -------------

    etexmike
  • On gold coins I dont think AU53 is bad at all, when you're talking about silver it might look a little rough.

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