This video is another reason to eliminate the human factor from coin grading, especially when so much money is left to a PCGS/NGC employee who could be having a bad day. IMO a computer program combined with a laser scan could help immensely.
The founders at PCGS and you yourself spoke a bit on AI grading; que sera sera. Mr. Daniel Malone, this episode shows that grouchy dad side that I disliked as a novice coin enthusiast thinking as if you had a pin bursting my MS70 strewn inventory. What I've come to appreciate about your lessons is not dissimilar to how my late dad would have tried to save me some disappointment by, as you're doing, passing on to me the real picture with full details of probable obstacles that may be encountered to achieve even one MS67 out of the whole of what I possess. This trait or style or teacher in you sets you apart from the others, to me. And, Daniel, before I am able to walk the coin grading path, you gotta watch or hear about my falls. mahalo and aloha as usual :-)
I agree and have said the same I think all the grading companies are a rip off and their grades are just opinions which really make no sense if you think about it they will grade a coin older coin say ms68 or higher that’s clearly not as nice as almost every new coin pulled out of a roll of new coins nowadays. A ms68 from 1980 should look same as ms68 from 2020. Just my opinion.
I’ve thought about the same thing. Then you gotta pay to get regraded. I’ve known someone that got a MS 64 and got it regraded at a MS 68. Granted it raised the value $400 but still took about $60+ and some months of useless waiting
Every coin collector should start with this video. You are so informative and helpful. Thank you for taking the time to enlighten us on coin search and discovery. 🙏🏽🇿🇦🇺🇸👍
Thank you thank you!!! About a month ago I came across 2 unopened 1959D memorial cents and I wanted to get them graded. I have been doing some research but this video actually taught me what to look at! I ordered a loop and it should be here this week. I have been dying to send a few of these coins in for grading. I was concerned I would have no idea what I was doing but your video actually gave me some insight. I like videos that kind of go over how to see if a coin has value. I am new to the hobby but I think I have been learning the most from your channel. Thanks for all your awesome content and keep doing videos like these.
I could literally go back to any year any video any title on your channel and will always end IT SPEECHLESS AND MORE THAN ANYTHING THANKFUL TO YOU FOR MAKING THESE CONTENT OF SUCH HIGH VALUE EVERY VIDEO SHARED WITH US DEFENITLY A LESSON I FEEL I SHOULD HAVE TO PAY FOR OF HOW MUCH U HELPING ME LEARN AND EDUCATE MY SELF INTO THE SUBJECT. BLESSINGS AND BEST WISHES TO YOU. IMMENSELY APPRECIATED!!!
One of the very rare dealers during this peak making good on helping new collectors as well as those with moderate genuine interest in the hobby. Smart, thinking long term. Bubble bursts, will have a solid foundation of followers and customers to weather the pull back. Thank you.
you may spend more time giving explanations than most others but in the end I come away with a lot more knowledge then before starting your videos. Keep up the good work.
Exactly what i was looking for. Your tips are what i came up with as well trying to get a better idea precisely what it takes to get that 67+! Thank you sir.
I have ten rolls of Lincoln cents from 1968 that I took from paper rolls and moved to tubes. That is the year I graduated high school. I intended to save rolls from every year thereafter but I never did that. I have been wondering if I might find a high grade in those 1968 coins but I do not think my chances are good after watching your video. They have not been touched since 1968. But I am not a rich man. It seems to be that buying and owning high grade coins are for those of higher means than me. Like those who watch Rick Tomaska's television shows. So when I buy a car I do not buy high end autos, or houses, or anything for that matter. My coin collection also reflects that tier level. Oh well, I still enjoy collecting and am working on my type set. There are type coins I will never own even in low grades.
Mike - You'd be surprised at what you may discover in those tubes! I moved back to East Coast about 26 years ago. While going through my storage locker about 2 yrs ago, I found a brown paper lunch bag with a crud-load of pennies! Pennies, Pennies, Pennies! I forgot I had started to throw them in that bag back in the early 80's or late 70's maybe. In any case - they were absolutely beautiful! A lot of them on the bottom and to the sides of the bag were not too hot; downright UGLY! But the majority - whatta find! Even the ugly ones have value - a lot of varieties and errors to be had. Good Luck!
Thank you Daniel for the great info and all the time you take to share it with us! You are a good man Sir!Have a great week and I look forward to your next video
You are a good man. Thank you solo much for all the info. It just shows you care. Thank you. Not many people out here like you. Your wonderful. Thank you, Diana Stafford
dude.....YOU FREAKIN ROCK!!!! Keep up the great work . For someone who is interested in coin collecting and selling ......You're the best and glad I ran into your videos !!!!! Thank You as well for your work you do.
I once found a 1922-D lincoln cent metal detecting in sandy soil....it had nice patina wasn't corroded and the hair on lincoln's beard was distinct and sharp, sharp heavy thick wheat stalks...looked like a BU coin dropped the day it was minted in 1922 probably ms-68/69. This coin i put in my uncirculated to AU lincoln cent collection. Then... I found a 1965 washington quarter detecting...that showed environmental discoloring but was was so unique about this quarter was it's pristine look...looked like a MS-68-69 coin dropped but most likely wasn't worth anything do to its color. If i was going to hunt for common lincoln cents...I'd be getting the fresh rolls from the bank...in the first month they're delivered...it's imperative to get coins minted with fresh clean dies....where all the coins features are sharper and deeper....then just sort out the non-dinged ones....if you have a 50 cent roll of lincoln cents....i bet i would get 0 to 3 keepers per roll...averaging 1.5 per roll. The mint and rolling machines really ding them up!!
The reason for grades that make no sense is as you have said before. There is no accountability b/c the methods used are non-scientifically verifiable. The companies don't dare go to a scientific system b/c they would not be gleaning near so much money from collectors wanting to take a gamble, and from people resubmitting in hopes of a higher grade. I am just thankful that society is not totally full of businesses like this b/c, for example, when an auto mechanic deals like these companies do, most of the time they are seen for what they are and people stop supporting their business. Great video on how to play their game to come out on top 👍🏻👍🏻👍🏻
It was a hell of a lot of work but I think I found and Ms 67. I hope it gets that high of a grade. It is a 1970 Philadelphia Lincoln cent that has beautiful toning and very smooth clean obverse and reverse. The toning is very evenly spread. Under the microscope I see no scratches dings or blemishes the details of the coin are Sharp. I actually cannot believe the condition it's in. I coin roll hunting getting my rolls from random gas stations😅. Wish I could put a picture up in these comments.. Well anyway thanks again for the advice and lesson on how to go about finding the right coin ✌️
I liked your video. I am very, very new to this and have lots of coins that I had put away 50+ years ago. From reading all the various web sites (UGH), I thought I might want to get some of my coins graded by either PCGS or NGC. Again, this is all new to me as I collected coins as a youngster and stopped collecting around 1965. I had a lot of these in those old carboard folders/holders. I really have no intention of selling these at this point (unless...), just passing them off to my 5 year old grandson to continue collecting. I have started to 'catalogue' starting with the cents (over 1000 so far) starting at 1900 and I was thinking I should probably get a few graded just as 'collection' pieces as part of his collection. I've picked out a1909 S VDB as 1 to have graded as well a 1935 and others that appear to be high quality. I have looked at the PCGS website to help me decide as you suggested (thank you for that). For some reason I also have a lot of 1957 Ds which if compare to your video on 'grading' look perfect and have no carbon or scratches on them (I bought a loop recently on Amazon). A few, probably 12 or so have that 'die chip' or 'blob' in the letter B and the date. I think this is called a 'variety' not a mint error? My thinking is to send in 6 to 12 coins for grading as just examples of the quality that these coins really are. Again, I'm not doing this to sell them, and I don't mind the cost, just to provide a collection for my grandson to hopefully carry-on. I also have a lot of Kennedy half dollars, early 1960s in what appears (to me) mint condition. Is there a preference as to either PCGS or NGC? Thanks for any advice.
It’s funny you show that box of cents. I have about six times that many I need to scope through because my eyes aren’t what they were fifty years ago!😂
Great video Daniel. Best one I've seen so far. I agree with all that. Plating blisters I've seen on 68 and 69 grades on PCGS so its gonna have to come down to computer grading I believe cause no one can explain why they let certain coins go with plating blisters and some not. Great video though that's what I like to see.
Had to uninstall my PCGS Photograde app because it is no longer supported as of Jan. 1, 2020. As I was scrolling down the list and looking for PCGS CoinFacts, to my surprise I saw that you have 3 Android apps for coins and their values. You really have all avenues of the coin business covered...very impressive Daniel !!!
Very good video, informative as are all of them.Just started back into numismatics, after 40 years! A lot has changed.Keep up the great work. Your my Mentor
I liked your video, especially about the little hand held scope, it's very neat and handy. Looking into getting one myself, since I use Linux operating system on my computer, I find it very difficult to find one that is compatible, most of these microscopes work in MS systems. Thanks for doing it, I will look for your next video.
Excellent video. I will say the only time the crimped, paper roll you first showed only offer something if you luck into a BU roll. Not easy to get but you can once in awhile. Usually you will get these only as far back as about 2 - 3 years and that's it. Problem is with current issues is the degree of spotting is fairly high. For example, in the past two years I have come across rolls of BU 2018, 2019 and 2020. The 2018 often have spotting and I doubt you will find anything above MS65 unless you go to the cherrypicked tubes you showed. The bulk submission idea is a good one but that also takes time and as you point out the difference between 66 and 67 can be difficult plus the idiosyncracies of the grader. For me, I just keep the best Lincoln cent I can find from coin roll searching and in context of the year (my standards for the best I can find in rolls for 1955 and 1968 will be a bit lower than what I would want from a 2005, 2018). I treat this activity as a safety valve to temper my impulse to overspend on older coins of numismatic interest. I think people should realize that except for the coins being issued in the present year, most you will find anywhere from G - AU grades with occasionally catching a few MS recently let into the wild.
@@CoinHELPu I know right I'm going to try to write books on the subject and try to get more in the area interested and try to get more people involved and I want my coin shop to be more than just a coin shop maybe a coin collecting factory where people can sort estimate grades and errors/varieties and other types of coins and I'll make my own coinstar machine that provides easy access to coins and I will try to use soft bags for the bigger coins and a soft lining for the smaller coins I'll be able to charge a smaller fee ( 1%-5% maybe ). than CoinStar machines because most of the money is in the coins I'll make sure the machine accepts silver coins and drop the machine fee If it detect 5 silver coins when coins are being counted and if let's say a coin collector dropped a coin in the machine because it was mixed up with the coins he had gone through I'll charge $1.00 for the retrieval of the a coin or coins. That way I get money and coins too. I might just have to do this for the future of coins. ect... right
And the pay will be on the amount of coins sorted/ effort and hours worked. And will be hiring for sure by the way this Is a future project of mine but feel free too copy or add too it.
Thank you Sir I love this video now it explains how to do it right and your right I tried looking for the best and it’s really hard but you can get lucky sometimes but it’s difficult and looking through those mint set is even harder because once out of the plastic that’s when u see the small scratches but I think that’s we’re the fun is and like you said over and over again it’s up to us if we think it’s good enough we just have to send it and gamble with it. Long Beach Coin show is coming up and I have a few Lincoln Penny that I think it’s good enough will see what happens 😅
Thiers alot going on trying to get a grade worth sending out. I use that 16x as well Daniel just for foil wrapped and mint boxes the LCS has that I'm looking to crack open. Works for me. Well...hasnt yet but thats the loupe I use just for that. It ain't easy but I keep hunting. Great video.
Your the best MR.MALONE ❤extremely EXCECTIONAL wealth it KNOWLEDGE you are learning me. If I understand this correctly am I thinking (100 coins) with the hopes of having them GRADED at or above MS 66..around an 1800.00 fee by the GRADING co? Remember...i am far from the sharpest knife in the drawer. Yep...its me ...your friend Margaret ❤THANK you DANIEL.
You are very helpful man. You know this though haha. Thanks for explaining this all to us. It makes me never wanna submit a coin now. I do wanna do a bulk submission now though. I do have a lot of 50's wheat pennies that are shiny. We'll see.
Great video Daniel. Grading is always going to be a gamble. I guess all we can do is cherry pick judiciously and meticulously. It's calculated gambling, but an interesting learning process nonetheless.
Would a least cost reputable option be to first do a bulk submit to ANACS, then for the most expensive of those ANACS grades, crack out and submit to PCGS?
Great video as I do concentrate on finding high grade coins instead of on errors and varieties, I got a set of 8 sealed BU tubes Lincoln BiCentennials graded ANACS MS 65 or better BUT I can't get to them for a while.
The reason the coins actually look different between each grade is because they grade coins by eye and only use 5x magnification if they have to, and I'd bet that it comes down to the grader of the coin as well no matter how much of an expert they are, there will always be a coworker or colleague who will argue the point and possibly force a lower grade! With the amount of coins being sent in you know they have a team of people individually working on huge amounts of coins and not all is gonna give the same grade to one specific coin!
ANACS current has a "Dollars and Cents" special, 10 dollars or pennies or both for 10$ ea to be graded or certified. I just used it for a submission, I think it would be better to send pennies to ANACS first, and then if it grades high enough, get a crossover. Thank you for another video.
I'm a new collector and very excited.Thanks for so much good information.I am in Baltimore and just wandering if there is any class available on coin collecting .
Toning and luster, or lack there of, certainly factors into the grading. If one gets into the playlists on the PCGS tube channel one will find a few hours on the art of grading coinage. Cheers.
Are the effects on grade from contact marks relative to the size of the coin? Example would a 1/8" mark on a half dollar be equivalent to 1/16" on a penny ( all other factors being the same)? I haven't viewed many graded coins smaller than a quarter.
I am new to the coin hobby. If you found a better looking penny then the example found and sent it in and it came back with a lesser grade would it be wise to crack the case and resend it or send it to a different grader for a better grade?
Grading ANY coin I take a picture of it with my smart phone and spread it. Flaws are easily spotted. Also, I don't even bother to look at the reverse if the obverse is not making the grade.
Hi Daniel, how do you feel about mint bags straight from the mint and put into storage immediately. Do you think it improves your odds of finding high grade coins?
I just sent out 10 coins to anacs cause it was cheaper than ngc/pcgs. Since I am not a coin collector (learning) it is a big gamble at almost $250 for the submission. I am however excited to find out how I do 😊. I think I am getting hooked. I need help 😂😂😂
I got lucky once...I bought a 1999 UNCIRCULATED mint set...in the Denver pouch, I found a proof like JFK Half ! I didn't remove the cellophane, but its clearly proof like...its looks nothing like ANY other UNCIRCULATED half dollar. I hope to submit it soon
I watch All you're videos, have to take a nap after, too much information overload = nap for me. I'm collecting silver here and there, trying hard to not get lathered up about it, and making it a fun hobby along with other fun stuff.
A video on the MS penny grading system and how it works and what distinguishes a high grade from a low grade and if its okay to wash and clean the old coins or better to leave as is would very helpful. Many people haven't a clue how the system works and there aren't many good videos simplifying and explaining the system.
Daniel, maybe I missed your past video about that one subject, or maybe you haven't touched on the subject yet. I am one of those who filter quarters to find the W (or W+v75) but what I am not sure about is whether to hold on to them or to sell them right away to maximize possible profit. Do you know what is better? If anybody knows whether Daniel already made a video about it, let me konw please.
I have no idea if you should hold them or not, I just don't know the future of coins like this. I do know they will always be worth more than face, but I don't see them rising to great heights.
4 year old video, but a pertinent question on bulk submissions: Is this a potential 'quantity vs quality' dilemma? Does typical human nature to get the job done push these through faster, assigning possibly lower grades? Does one grader oversee the entire bulk submission OR is it broken up between multiple graders?
This is good Daniel. Just got several rolls of 72s cents. Some look like they were in a pop corn popper . What magnification do you recommend for this?? . Under a scope I see way to many marks.
Back in the early 1990's I went to a bank to get some rolls of pennies I ended up with 23 rolls of 1959, 1959-D, 1974, and 1974-D pennies. At that time I only opened a roll to see if the whole roll was uncirculated it was. Well, today I opened the second roll and much to my surprise all the pennies are still the orange-red color. I picked out the best 7 which did not have any noticeable nicks, scuffs or carbon spots. Needless to say I'm very excited and not sure how to move forward.
@@CoinHELPu Headed down to the closest dealer I know to get a better idea of the grade and how to preserve them cause now I want to open all those rolls, I might have a little gold mine on my hands
@@Coindom65 you got this wrong, the dealer isn't going to be able to grade the coins like that, then you can send them off and expect registry, high grades, for your coins. The coins might look nice to you, but you need to send them to learn, dealers can't point grade coins or pregrade common date cents from rolls. We see bags and rolls of nice memorial cents on a daily basis. It's not that easy to find the grades.
@@CoinHELPu I Understand they cant grade them I still want their opinion whether the coins I think are the best are worth sending in to have professionally graded plus I need to learn how to conserve the pennies once I take them out of their rolls
God bless for helping us novice coin collectors learn and understand the pain and glory of coin grading. Good work.
This video is another reason to eliminate the human factor from coin grading, especially when so much money is left to a PCGS/NGC employee who could be having a bad day. IMO a computer program combined with a laser scan could help immensely.
The founders at PCGS and you yourself spoke a bit on AI grading; que sera sera. Mr. Daniel Malone, this episode shows that grouchy dad side that I disliked as a novice coin enthusiast thinking as if you had a pin bursting my MS70 strewn inventory. What I've come to appreciate about your lessons is not dissimilar to how my late dad would have tried to save me some disappointment by, as you're doing, passing on to me the real picture with full details of probable obstacles that may be encountered to achieve even one MS67 out of the whole of what I possess. This trait or style or teacher in you sets you apart from the others, to me. And, Daniel, before I am able to walk the coin grading path, you gotta watch or hear about my falls. mahalo and aloha as usual :-)
I agree and have said the same I think all the grading companies are a rip off and their grades are just opinions which really make no sense if you think about it they will grade a coin older coin say ms68 or higher that’s clearly not as nice as almost every new coin pulled out of a roll of new coins nowadays. A ms68 from 1980 should look same as ms68 from 2020. Just my opinion.
I’ve thought about the same thing. Then you gotta pay to get regraded. I’ve known someone that got a MS 64 and got it regraded at a MS 68. Granted it raised the value $400 but still took about $60+ and some months of useless waiting
Every coin collector should start with this video. You are so informative and helpful. Thank you for taking the time to enlighten us on coin search and discovery. 🙏🏽🇿🇦🇺🇸👍
Thank you thank you!!! About a month ago I came across 2 unopened 1959D memorial cents and I wanted to get them graded. I have been doing some research but this video actually taught me what to look at!
I ordered a loop and it should be here this week. I have been dying to send a few of these coins in for grading. I was concerned I would have no idea what I was doing but your video actually gave me some insight.
I like videos that kind of go over how to see if a coin has value. I am new to the hobby but I think I have been learning the most from your channel. Thanks for all your awesome content and keep doing videos like these.
I could literally go back to any year any video any title on your channel and will always end IT SPEECHLESS AND MORE THAN ANYTHING THANKFUL TO YOU FOR MAKING THESE CONTENT OF SUCH HIGH VALUE EVERY VIDEO SHARED WITH US DEFENITLY A LESSON I FEEL I SHOULD HAVE TO PAY FOR OF HOW MUCH U HELPING ME LEARN AND EDUCATE MY SELF INTO THE SUBJECT. BLESSINGS AND BEST WISHES TO YOU. IMMENSELY APPRECIATED!!!
One of the very rare dealers during this peak making good on helping new collectors as well as those with moderate genuine interest in the hobby. Smart, thinking long term. Bubble bursts, will have a solid foundation of followers and customers to weather the pull back. Thank you.
Thank you for your time helping us with coins and what to look for?. I truly enjoy your videos and your excitement about new finds.
you may spend more time giving explanations than most others but in the end I come away with a lot more knowledge then before starting your videos. Keep up the good work.
I respect and appreciate you sharing your wisdom. Thank you!!!
Exactly what i was looking for. Your tips are what i came up with as well trying to get a better idea precisely what it takes to get that 67+! Thank you sir.
Daniel, thank you once again for the education once again. Your staff Rocks!
Awesome video Daniel. I'm learning so much from your daily videos. Thank you for sharing your knowledge and expertise with us.
Thank you!
I have ten rolls of Lincoln cents from 1968 that I took from paper rolls and moved to tubes. That is the year I graduated high school. I intended to save rolls from every year thereafter but I never did that. I have been wondering if I might find a high grade in those 1968 coins but I do not think my chances are good after watching your video. They have not been touched since 1968. But I am not a rich man. It seems to be that buying and owning high grade coins are for those of higher means than me. Like those who watch Rick Tomaska's television shows. So when I buy a car I do not buy high end autos, or houses, or anything for that matter. My coin collection also reflects that tier level. Oh well, I still enjoy collecting and am working on my type set. There are type coins I will never own even in low grades.
Mike - You'd be surprised at what you may discover in those tubes! I moved back to East Coast about 26 years ago. While going through my storage locker about 2 yrs ago, I found a brown paper lunch bag with a crud-load of pennies! Pennies, Pennies, Pennies! I forgot I had started to throw them in that bag back in the early 80's or late 70's maybe. In any case - they were absolutely beautiful! A lot of them on the bottom and to the sides of the bag were not too hot; downright UGLY! But the majority - whatta find! Even the ugly ones have value - a lot of varieties and errors to be had. Good Luck!
Your an awesome guy... you tell it like it is. Thank you for the information.
This is not an easy hobby. Alot of time and work involved. Still fascinating!!! So much to learn. Thank you for all the information.
Thank you Daniel for the great info and all the time you take to share it with us! You are a good man Sir!Have a great week and I look forward to your next video
Thank you!
You are a good man. Thank you solo much for all the info. It just shows you care. Thank you. Not many people out here like you. Your wonderful. Thank you, Diana Stafford
dude.....YOU FREAKIN ROCK!!!! Keep up the great work . For someone who is interested in coin collecting and selling ......You're the best and glad I ran into your videos !!!!! Thank You as well for your work you do.
I appreciate that!
I once found a 1922-D lincoln cent metal detecting in sandy soil....it had nice patina wasn't corroded and the hair on lincoln's beard was distinct and sharp, sharp heavy thick wheat stalks...looked like a BU coin dropped the day it was minted in 1922 probably ms-68/69. This coin i put in my uncirculated to AU lincoln cent collection. Then... I found a 1965 washington quarter detecting...that showed environmental discoloring but was was so unique about this quarter was it's pristine look...looked like a MS-68-69 coin dropped but most likely wasn't worth anything do to its color. If i was going to hunt for common lincoln cents...I'd be getting the fresh rolls from the bank...in the first month they're delivered...it's imperative to get coins minted with fresh clean dies....where all the coins features are sharper and deeper....then just sort out the non-dinged ones....if you have a 50 cent roll of lincoln cents....i bet i would get 0 to 3 keepers per roll...averaging 1.5 per roll. The mint and rolling machines really ding them up!!
The reason for grades that make no sense is as you have said before. There is no accountability b/c the methods used are non-scientifically verifiable.
The companies don't dare go to a scientific system b/c they would not be gleaning near so much money from collectors wanting to take a gamble, and from people resubmitting in hopes of a higher grade. I am just thankful that society is not totally full of businesses like this b/c, for example, when an auto mechanic deals like these companies do, most of the time they are seen for what they are and people stop supporting their business. Great video on how to play their game to come out on top 👍🏻👍🏻👍🏻
It was a hell of a lot of work but I think I found and Ms 67.
I hope it gets that high of a grade. It is a 1970 Philadelphia Lincoln cent that has beautiful toning and very smooth clean obverse and reverse. The toning is very evenly spread. Under the microscope I see no scratches dings or blemishes the details of the coin are Sharp. I actually cannot believe the condition it's in. I coin roll hunting getting my rolls from random gas stations😅. Wish I could put a picture up in these comments..
Well anyway thanks again for the advice and lesson on how to go about finding the right coin ✌️
I liked your video. I am very, very new to this and have lots of coins that I had put away 50+ years ago. From reading all the various web sites (UGH), I thought I might want to get some of my coins graded by either PCGS or NGC. Again, this is all new to me as I collected coins as a youngster and stopped collecting around 1965. I had a lot of these in those old carboard folders/holders. I really have no intention of selling these at this point (unless...), just passing them off to my 5 year old grandson to continue collecting. I have started to 'catalogue' starting with the cents (over 1000 so far) starting at 1900 and I was thinking I should probably get a few graded just as 'collection' pieces as part of his collection. I've picked out a1909 S VDB as 1 to have graded as well a 1935 and others that appear to be high quality. I have looked at the PCGS website to help me decide as you suggested (thank you for that). For some reason I also have a lot of 1957 Ds which if compare to your video on 'grading' look perfect and have no carbon or scratches on them (I bought a loop recently on Amazon). A few, probably 12 or so have that 'die chip' or 'blob' in the letter B and the date. I think this is called a 'variety' not a mint error? My thinking is to send in 6 to 12 coins for grading as just examples of the quality that these coins really are. Again, I'm not doing this to sell them, and I don't mind the cost, just to provide a collection for my grandson to hopefully carry-on. I also have a lot of Kennedy half dollars, early 1960s in what appears (to me) mint condition. Is there a preference as to either PCGS or NGC? Thanks for any advice.
It’s funny you show that box of cents. I have about six times that many I need to scope through because my eyes aren’t what they were fifty years ago!😂
This helps a lot, never have submitted a coin for grading, but I’m thinking about it.
Great video Daniel. Best one I've seen so far. I agree with all that. Plating blisters I've seen on 68 and 69 grades on PCGS so its gonna have to come down to computer grading I believe cause no one can explain why they let certain coins go with plating blisters and some not. Great video though that's what I like to see.
Love your video's! Every collector should watch. Thanks Daniel
Thank you!
Had to uninstall my PCGS Photograde app because it is no longer supported as of Jan. 1, 2020. As I was scrolling down the list and looking for PCGS CoinFacts, to my surprise I saw that you have 3 Android apps for coins and their values. You really have all avenues of the coin business covered...very impressive Daniel !!!
Not as good as PCGS though but I try
Thankyou, Daniel!!🍵 That was a lot of work on your part!! Except for key varieties, I am just not much into cents later than wheats!!😊
THANK YOU.. MASTER O.G.
Always the best information ...Thanks for sharing and caring 100
Thank you Sir. Excellent advice.
Great mail call and thank you for the shout out :) GL & HH
Very good video, informative as are all of them.Just started back into numismatics, after 40 years! A lot has changed.Keep up the great work. Your my Mentor
Thank you
July 05-2021 hell yeah, that was pretty damn good, thanks
I liked your video, especially about the little hand held scope, it's very neat and handy. Looking into getting one myself, since I use Linux operating system on my computer, I find it very difficult to find one that is compatible, most of these microscopes work in MS systems.
Thanks for doing it, I will look for your next video.
Very informative. Thank you Daniel!
Great video Daniel, I would love to see the hunt on those rolls.
Thank you Daniel always with the good information.
Again, great job I feel these MS 68 Lincoln Memorial cents have an exceptionally great strike, and that overrides small imperfections that you see
Excellent video. I will say the only time the crimped, paper roll you first showed only offer something if you luck into a BU roll. Not easy to get but you can once in awhile. Usually you will get these only as far back as about 2 - 3 years and that's it. Problem is with current issues is the degree of spotting is fairly high. For example, in the past two years I have come across rolls of BU 2018, 2019 and 2020. The 2018 often have spotting and I doubt you will find anything above MS65 unless you go to the cherrypicked tubes you showed.
The bulk submission idea is a good one but that also takes time and as you point out the difference between 66 and 67 can be difficult plus the idiosyncracies of the grader.
For me, I just keep the best Lincoln cent I can find from coin roll searching and in context of the year (my standards for the best I can find in rolls for 1955 and 1968 will be a bit lower than what I would want from a 2005, 2018). I treat this activity as a safety valve to temper my impulse to overspend on older coins of numismatic interest. I think people should realize that except for the coins being issued in the present year, most you will find anywhere from G - AU grades with occasionally catching a few MS recently let into the wild.
Great information Daniel. Thanks for sharing. And keep the videos coming
I'm trying to get a coin shop like this the information you share every day is a big help to 👍
Coin shops just don't have time to do this and why I do the videos instead.
@@CoinHELPu I know right I'm going to try to write books on the subject and try to get more in the area interested and try to get more people involved and I want my coin shop to be more than just a coin shop maybe a coin collecting factory where people can sort estimate grades and errors/varieties and other types of coins and I'll make my own coinstar machine that provides easy access to coins and I will try to use soft bags for the bigger coins and a soft lining for the smaller coins I'll be able to charge a smaller fee ( 1%-5% maybe ). than CoinStar machines because most of the money is in the coins I'll make sure the machine accepts silver coins and drop the machine fee If it detect 5 silver coins when coins are being counted and if let's say a coin collector dropped a coin in the machine because it was mixed up with the coins he had gone through I'll charge $1.00 for the retrieval of the a coin or coins. That way I get money and coins too. I might just have to do this for the future of coins.
ect... right
And the pay will be on the amount of coins sorted/ effort and hours worked. And will be hiring for sure by the way this Is a future project of mine but feel free too copy or add too it.
Awesome bro, That's really good to know. Thank you
Good job Daniel it's rough maybe I will get lucky.
I love your content. Always great information
Thank you!
Maybe it would be helpful if they were to use laser imaging and computer grading to take out the "human" element. Thanks for the info Daniel.
Artificial Intelligence and deep learning
humans will still have their "hands" in it---> one way or another (after they program the machines)lol
Thank you Sir I love this video now it explains how to do it right and your right I tried looking for the best and it’s really hard but you can get lucky sometimes but it’s difficult and looking through those mint set is even harder because once out of the plastic that’s when u see the small scratches but I think that’s we’re the fun is and like you said over and over again it’s up to us if we think it’s good enough we just have to send it and gamble with it. Long Beach Coin show is coming up and I have a few Lincoln Penny that I think it’s good enough will see what happens 😅
Thiers alot going on trying to get a grade worth sending out. I use that 16x as well Daniel just for foil wrapped and mint boxes the LCS has that I'm looking to crack open. Works for me. Well...hasnt yet but thats the loupe I use just for that. It ain't easy but I keep hunting. Great video.
Thank you!
Your the best MR.MALONE ❤extremely EXCECTIONAL wealth it KNOWLEDGE you are learning me. If I understand this correctly am I thinking (100 coins) with the hopes of having them GRADED at or above MS 66..around an 1800.00 fee by the GRADING co? Remember...i am far from the sharpest knife in the drawer. Yep...its me ...your friend Margaret ❤THANK you DANIEL.
You are very helpful man. You know this though haha. Thanks for explaining this all to us. It makes me never wanna submit a coin now. I do wanna do a bulk submission now though. I do have a lot of 50's wheat pennies that are shiny. We'll see.
Strike, Luster,Wear And Eye appeal or Just put it in the Book. Yeap!!!! It's Beautiful🥰😂 I have many that's not Graded and are just to die for😊
Great video Daniel. Grading is always going to be a gamble. I guess all we can do is cherry pick judiciously and meticulously. It's calculated gambling, but an interesting learning process nonetheless.
Would a least cost reputable option be to first do a bulk submit to ANACS, then for the most expensive of those ANACS grades, crack out and submit to PCGS?
Thanks Daniel good job as usual keep up the good work
Interesting information Dan. Great video.👍
Great info thanks
Great video as I do concentrate on finding high grade coins instead of on errors and varieties, I got a set of 8 sealed BU tubes Lincoln BiCentennials graded ANACS MS 65 or better BUT I can't get to them for a while.
Just saw a guy gets his heart ❤️ broken with golden Kennedy’s in fancy boxes. At least he knew well nuff to take the bad news standing.
The reason the coins actually look different between each grade is because they grade coins by eye and only use 5x magnification if they have to, and I'd bet that it comes down to the grader of the coin as well no matter how much of an expert they are, there will always be a coworker or colleague who will argue the point and possibly force a lower grade! With the amount of coins being sent in you know they have a team of people individually working on huge amounts of coins and not all is gonna give the same grade to one specific coin!
Yep
Fantastic!
Great as always! Thanks
Thanks again!
That was cool,thank you sir.
Very interesting . Thank you.
ANACS current has a "Dollars and Cents" special, 10 dollars or pennies or both for 10$ ea to be graded or certified. I just used it for a submission, I think it would be better to send pennies to ANACS first, and then if it grades high enough, get a crossover. Thank you for another video.
Can you get variety attributions with the bulk submissions?
Great Teaching(s) as always
You’re in my neck of the woods (sorta)! I’m just over in Athens!
Tremendous amount to learn & tremendous amount of time + the chance of the grade
Thank you Daniel.
Thanks for the info
Thank you sir 👍 good sharing ❤️
Great video! I will be emailing you soon for information and assistance on a coin I found!
I'm a new collector and very excited.Thanks for so much good information.I am in Baltimore and just wandering if there is any class available on coin collecting .
Yes the ANA
thanks great job
Toning and luster, or lack there of, certainly factors into the grading.
If one gets into the playlists on the PCGS tube channel one will find a few hours on the art of grading coinage. Cheers.
i believe im getting better because for everything i start to understand i find two other areas i am totally ignorant abour. Thank you.
you are funny! but I know what you mean....
Are the effects on grade from contact marks relative to the size of the coin? Example would a 1/8" mark on a half dollar be equivalent to 1/16" on a penny ( all other factors being the same)? I haven't viewed many graded coins smaller than a quarter.
No, that's not how they grade.
I am new to the coin hobby. If you found a better looking penny then the example found and sent it in and it came back with a lesser grade would it be wise to crack the case and resend it or send it to a different grader for a better grade?
Thanks for keeping it real
Grading ANY coin I take a picture of it with my smart phone and spread it. Flaws are easily spotted. Also, I don't even bother to look at the reverse if the obverse is not making the grade.
Hey,Daniel where do you get rools in plastic?
Hi Daniel, how do you feel about mint bags straight from the mint and put into storage immediately. Do you think it improves your odds of finding high grade coins?
I don't have an answer, it might increase your chances of finding an error but not if you don't search them.
I just sent out 10 coins to anacs cause it was cheaper than ngc/pcgs. Since I am not a coin collector (learning) it is a big gamble at almost $250 for the submission. I am however excited to find out how I do 😊. I think I am getting hooked. I need help 😂😂😂
I think your great but after all you sad my head spines THANK YOU Keep up the good work
I got lucky once...I bought a 1999 UNCIRCULATED mint set...in the Denver pouch, I found a proof like JFK Half ! I didn't remove the cellophane, but its clearly proof like...its looks nothing like ANY other UNCIRCULATED half dollar. I hope to submit it soon
Denver mint coins look PL in these sets and you need to check PCGS to see if they offer that designation on the 199 half dollar before submitting.
Wow, thanks!
Looks almost impossible to find/pick a coin for grading except possibly proof coins and I'm not sure about those either!
I have a question .When you send in 100 coins as bulk, Do they all have to be straight graders or can they have variety coins mixed in. Thanks...
Call the grading company each do it a bit differently.
I watch All you're videos, have to take a nap after, too much information overload = nap for me.
I'm collecting silver here and there, trying hard to not get lathered up about it, and making it a fun hobby along with other fun stuff.
Thanks Daniel
A video on the MS penny grading system and how it works and what distinguishes a high grade from a low grade and if its okay to wash and clean the old coins or better to leave as is would very helpful.
Many people haven't a clue how the system works and there aren't many good videos simplifying and explaining the system.
That's what this video is, but good luck trying to get the grade at PCGS.
Good video Daniel. But the one about the collector sets and the dangers therein was the best of the week. LOL! Your doing the Lord's work ;)
Thank you!
Looks like I have been searching the wrong way. I would have to get really lucky the way I have been searching. That's just my luck!
Daniel, maybe I missed your past video about that one subject, or maybe you haven't touched on the subject yet. I am one of those who filter quarters to find the W (or W+v75) but what I am not sure about is whether to hold on to them or to sell them right away to maximize possible profit. Do you know what is better? If anybody knows whether Daniel already made a video about it, let me konw please.
I have no idea if you should hold them or not, I just don't know the future of coins like this. I do know they will always be worth more than face, but I don't see them rising to great heights.
4 year old video, but a pertinent question on bulk submissions: Is this a potential 'quantity vs quality' dilemma? Does typical human nature to get the job done push these through faster, assigning possibly lower grades? Does one grader oversee the entire bulk submission OR is it broken up between multiple graders?
You would need to ask PCGS or NGC that question, I don't know that answer. The information in this video isn't outdated despite when it was published.
I would love to see a video on bulk submission.
This is good Daniel. Just got several rolls of 72s cents. Some look like they were in a pop corn popper . What magnification do you recommend for this?? . Under a scope I see way to many marks.
Coin graders do not use scope and if they have marks then they're not going to grade high enough to worry about it.
Oh boy I know but your video shows some marks that get by. So they just use light reflecting no Loop?
Back in the early 1990's I went to a bank to get some rolls of pennies I ended up with 23 rolls of 1959, 1959-D, 1974, and 1974-D pennies. At that time I only opened a roll to see if the whole roll was uncirculated it was. Well, today I opened the second roll and much to my surprise all the pennies are still the orange-red color. I picked out the best 7 which did not have any noticeable nicks, scuffs or carbon spots. Needless to say I'm very excited and not sure how to move forward.
You either send them or you don’t, no one can help you with that decision cause PCGS isn’t giving out registry quality grades but once in a blue moon.
@@CoinHELPu Headed down to the closest dealer I know to get a better idea of the grade and how to preserve them cause now I want to open all those rolls, I might have a little gold mine on my hands
@@Coindom65 you got this wrong, the dealer isn't going to be able to grade the coins like that, then you can send them off and expect registry, high grades, for your coins. The coins might look nice to you, but you need to send them to learn, dealers can't point grade coins or pregrade common date cents from rolls. We see bags and rolls of nice memorial cents on a daily basis. It's not that easy to find the grades.
@@CoinHELPu I understand
@@CoinHELPu I Understand they cant grade them I still want their opinion whether the coins I think are the best are worth sending in to have professionally graded plus I need to learn how to conserve the pennies once I take them out of their rolls
Thank you
What do you do if you find an 1967 MS-67 Red in an old anacs holder?
I have no idea.
Picked up 2 boxes 1982 large date p mint, uncirculated. Are they worth searching or try to sell as rolls?
Not as rolls. Do an ebay search on what rolls are selling for.