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Coin Dealers Buy Ugly Graded Coins Too - How I Grade Circ. Coins BUY COINS From Us portsmouthcoinshop.com/ Go to our help community here for coin help coinauctionshelp.com/forum/index.php More videos! www.youtube.com/@CoinHELPu/videos Join CONECA conecaonline.org/
An ugly coin has a certain beauty about it that beautiful coins just don’t have. I also wonder where a coin has been before I acquired it. Thanks for sharing your knowledge and expertise with us , Daniel.
Another great video, Daniel, on the ugly coins and how the different wears patterns are graded. I have been collecting coins in all different grades for the same dates and the same denomination. To find the coins that I need, my coin club and LCS have been helping me find what I want. The so-called ugly coins are mostly in the lower grade. Thanks again for all you do, Daniel, for helping educate everyone about the hobby, and have a great day.
I really love the Buffaloes. When I was a kid, you could still find them in circulation from time to time and it was always a great thrill to find one.
Those seated halves are beautiful. I’ve been outgunned 3 or 4 times now on a proof Seated Dollar…talk about being disappointed…. I’ll keep at it though. Hopefully I’ll be able to run across a few more beauties like the ones I almost won.
You did an excellent job of describing what the MS which litterly means mint state and the numbers and relavency of the numbers to the coin, I have never had it explained so thoroughly as you have in this video. This video should be a must watch in any coin grading class. Thank you for taking the time and sharing with us your knowledge of the process of grading coins.
Thanks Daniel ! These may not be cream of the crop but I do like the crop ! Some just have a better look then what was graded even though the grade was correct. Like mentioned, perfect type set coin on that 1847 1 cent. Love these coins.
From my collection of Morgan's I compared an ANACS - PCGS and NGC 1886 AU 58 Graded coin - The ANACS and NGC looked the same - The PCGS was DEFINITELY OVER GRADED - Grading is just someone's opinion on that day before or after they had their coffee
Common sense says to get it it's most likely to be cerculated. As most of my Lincoln cents are well worn heavy circulation although it's amazing when you still can see some details.
Man Daniel, I was bidding on a ms66 morgan last week on ebay and it was a beauty with fresh original mint luster and there wasnt many people bidding on it and i was the highest bidder, then at the very last second someone outbid me. I was so upset i threw my tv remote across the room lol. I wish I could have snagged it. It was more like a 67 in my eyes.
I think if I could begin my collection again, I'd focus on AU and XF coins. You get more bang for your buck. You can cherrypick the lightly marked coins, too. The marks are already taken into account with MS grades.
Hi Daniel. I believe the biggest stumbling block for AI is toning, and mostly lighting issues from what I gather. It’s like we’re 90% there but that’s a big 10%
For me, I have no problem buying a coin with honest wear for my collection. Sometimes I buy a coin with the idea that I could upgrade it later. I generally like to buy a coin in the best condition I can afford. The most important thing to me when I buy a coin is eye appeal for the grade. If I'm looking at a vf example coin that has dark spots, or unattractive toning, i might prefer another example in fine condition with better eye appeal. Sometimes it's nice to start with a lower grade coin, later on it could be useful for resale, or trading stock.
If I have one of the same type in high grade I sometimes like getting one date in a lowball. I either like them minty or worn slick. The ones worn slick can have some really cool eye appeal that you just don't get on mint coins.
Great video. Took advantage of your new wooden nickels selection this week. It's cool to have found some with ties to an area that my Ohio friends and I know about.
The 1890 CC in G-6 is insane. That is one of the best circulation cameos I've seen. The contrast between the black fields and worn grey devices is insane. That's the kinda coin I want in a slab, lock in the history, it's done. Cooked to perfection. That coin deserves a premium. VG-8 to VG-10 price for sure. I love the lowballs, it lets you see the base layer of the relief, just a silhouette. Really neat looking. I just got a magician's PO-1 dollar, it'd get called "pOoR dEtAiLs cLeAned" because it's super polished, literally 9 inch mirrors, but it's just from doing magic tricks with finger oils rubbing it constantly. Which is legitimate wear. The thing is actually below PO-1, the letters and date are worn completely slick but since they were so well struck back in the day with sharp, seriffed lettering you can see the ghosts of all the letters and date by a different look to the metal from being streched. Anyways, thanks for showing us all these beautifully ugly coins. They all deserve spots in cherished collections.
I think after handling so many coins of so many different grades, you have gained a way to automatically recognize grades as soon as you see them. Kind of like the way athletes, and musicians develop a muscle memory for the things that they have done over and over. Like when someone first begins to play guitar and they have trouble at first when fretting different chords, but after playing the chord shapes over and over again, they just automatically fret the chord perfectly with no thought about it at all because of repetition. This is fundamentally the way that AI works, except with people it’s not artificial because it’s not machine learning.
Random question for the viewers: Would you trust a "coin dealer" that doesn't charge money to evaluate a collection? My instinct is telling me that I shouldn't.
I think it depends on the size and value of the collection. If you are bringing in a handful of coins or "could you take a look at this" that is one thing. It is a whole other thing if you bring in a sizable collection I think because if a dealer is doing it for free and it's just a couple coins it is easier to do it with some accuracy. If it is sizable I could see the dealer rushing it and missing something big or mistaking a fake for a real deal.
I've also heard of dealers, mostly pawn shop brokers, having fakes stashed in the back and when they take your coins to the back to "check them out" they swap them
I'd say, like most things in life, it depends. There are lots of factors that come into play. Like, how many coins? What's the purpose for having the evaluation / appraisal done? Is it being done for the purpose of selling to the dealer, or is it for insurance purposes, or to help settle an estate? How long have you known the dealer? Do you have an established relationship of doing business with him over the years? There's no simple or single yes or no answer. At least, these are a few things I'd be considering if I were seeking an appraisal.
Yes, I would. But that's because I know which dealers are the honest ones and which ones are a little crooked. Check google reviews and just find a shop that has overwhelming feedback talking about their honesty.
Hello , another great video with content that matters , thanks. I have a question about Indians on your help site. It might take you to give an answer. Thanks.
I guess I call them non-investment grade coins. they are not coins I would recommend buying if you are wanting to put together a long-term portfolio that will appreciate in value.
World coins NGC. They'll get it right more often. PCGS is flat out incompetent on world coins. I see so many coins that could be in a registry set but they give it a PL designation instead of PR or SP. If you're doing American then PCGS is slightly preferred. Also think about where you live. Which is closer? PCGS is in California and NGC in Florida. Shipping ain't cheap these days. Also what slab do you like. I like the white NGC one, you might like the clear PCGS style. They're both competent graders but one is better at US and the other is for world/ancient.
@@notsurewhatscookin8691 No worries, but I forgot to mention, I don't know how much you value having a professional photograph of your coin up on a website is, but PCGS offers that service for like $5 and NGC does not I believe. So that's kinda the big difference. Pretty much everything else they offer the same service on.