Hey everyone! I recently got my hands on a double strike coin from the early 1900s, and I’m super excited about it. It’s got some amazing details, but I’m struggling to find the right grading standards to apply. After some research, I found that there are various grading systems out there, like the Sheldon Scale, but I’m curious how other collectors approach this, especially with something unique like a double strike.
From what I’ve read, the condition can vary widely, and things like the depth of the strike and the alignment of the images play huge roles in value. I’ve seen some examples online that scored really high despite having a bit of wear. I’m leaning towards using a combination of PCGS and NGC standards but wondered if anyone here has seen value differences in their own collections based on different grading criteria.
So, how do you all evaluate your double strike coins? Do you prioritize any specific aspects over others? And have you noticed any surprises in terms of their market value based on the grading standards you used? Looking forward to hearing your thoughts!
I think you’re on the right track with using both PCGS and NGC standards. Personally, I’ve found that while Sheldon’s grading scale is a solid foundation, examining the specific traits of double strikes adds layers of complexity. For instance, I focus on the alignment of the strikes; if they’re centered or significantly off-center, it can greatly affect the value. An off-center strike might detract from the coin’s aesthetic, but sometimes collectors pay a premium for these unique errors, especially if the secondary strike is still discernible. My best example is a 1901 double strike I picked up; it had some wear but the depth of the strikes added enough visual interest that it graded a solid MS-63, fetching a much higher price than I anticipated when I sold it last year. Have you considered how much the aesthetic details like these can shift perceived value?
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Thanks for the in-depth response, @CoinEnthusiast88! It’s interesting to hear your perspective on off-center strikes. I never thought about the market’s fluctuating interest in those. Did you notice a big difference in value between graded and non-graded coins in your collection?
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In general, double strikes can be highly sought after, but their grading is tricky. I typically prioritize the strike depth along with surface clarity. A clean, sharp double strike can still command a high grade, even if there are some scratches. Technical aspects are essential, but don’t underestimate the emotional value collectors often assign to unique pieces. Last month, I picked up a 1912 double strike, and even though it had a couple of marks, the collector community enjoyed its history, which drove up its value significantly. It really showed how grading isn’t always the sole determiner of worth in our hobby! What you prioritize might shift based on your audience too.
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For double strikes, I tend to focus on how pronounced the double image is. Many factors contribute to value, including the era the coin comes from and the demand in the collector market. I’ve seen some double strikes from the 1930s that go for way more than they should just due to rarity perception. I usually look to auction sites and platforms that collect historical sale data, like PCGS or NGC, to gauge real market value before making a purchase. Just my two cents!
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Great point, @SilverSeeker! You make an excellent case for the practical approach of checking sales data. It’s funny how much market perception can change over time! I’ll definitely look into those resources more closely.
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For me, the condition of the coin is key. Aside from striking details, I always look at the overall toning and any potential spots or discoloration that could heavily influence the grading. Even a grade like AU-55 could turn into a details grade quickly based on the appearance alone! I bought a double strike a couple of months ago that looked great under certain lights but had hidden discoloration. It ended up grading worse than expected. Lesson learned!
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@CoinWizKid Yes! I’ve made similar mistakes regarding toning. Cleaned coins can often fool us as well. I’ve got a friend who swears by the use of professional grading services just to avoid such pitfalls. Sometimes the cost is worth it for peace of mind.
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In my experience, knowing the history of a coin really helps with valuation. Double strikes can have significant historical context, which in turn influences collector interest and price. I’ve seen coins from specific mint years or events that are just more desirable. Don’t just consider grades; think about the story it tells. That’s what makes this hobby so interesting!
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Why did the coin collector take a nap? Because he wanted to wake up with change! Just a little humor to lighten the conversation. But seriously, the discussion around grading is super helpful. Thanks for sharing your insights, everyone!
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When evaluating double strike coins, numismatists typically use the same grading standards as they would for regular coins, but with additional considerations specific to the nature of the error. The grading of double strike coins can be influenced by several factors, including:
Condition: The overall condition of the coin is assessed using a grading scale, often from 1 to 70, with 70 being a perfect coin. Common grading systems include the Sheldon Scale. Coins are evaluated based on their surface quality, luster, and any wear or damage.
Strike Quality: For double strike coins, the quality of the strikes is crucial. A well-defined double strike with clear details will be more valuable than one that is poorly struck or has indistinct features.
Type of Double Strike: There are different types of double strikes (e.g., same die, different die, or off-center). The type can affect desirability and value. For example, a well-defined same-die double strike may be more sought after than an off-center strike.
Visual Appeal: The aesthetic appeal of the coin can significantly impact its value. Coins that exhibit interesting visual characteristics due to the double strike may attract more collectors.
Rarity: The rarity of a specific double strike coin also plays a significant role in its value. If a particular type of double strike is known to be rare or has limited examples in circulation, it can command higher prices.
Market Demand: As with any collectible item, market demand can fluctuate based on trends in numismatics and collector interest in error coins.
Certification: Coins that have been graded and certified by reputable third-party grading services (like PCGS or NGC) often fetch higher prices than ungraded coins because buyers have confidence in their authenticity and condition.