1996 Cent - Not sure?!?

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JonC
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1996 Cent - Not sure?!?

#1 Unread post by JonC »

I am not sure what this coin has going on. There appears to be something on the cheek of Lincoln and some puffy areas on his face. I just can’t make it out but my gut tells me to post this.
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Re: 1996 Cent - Not sure?!?

#2 Unread post by Daniel »

This is how the surface of these coins can look, you should look for doubled dies and not just minor differences on coins. You will drive yourself nuts doing that.

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Re: 1996 Cent - Not sure?!?

#3 Unread post by JonC »

Definitely the absolute truth. I can see that for sure. Glad to be learning. Its an absolute process one has to go through to gain experience. My former career taught me to be very observant and analyze objectively while seeking the truth. I had 28 years of that before I retired. With that said, hunting coins is very similar. I look for details which sometimes are not as they appear. Thankfully I was trained to be unbias and objective or I probably would go nuts. LOL. Either way I do like the search. Waiting on a find. I did break down and send some nicer coins off to PCGS as a trial. Very conservative to start since it is expensive. Just want to test the waters and see how on do on a normal coin. Ill let you guys know when they get back and how I do. Thanks for all the advice and the videos you post.

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Re: 1996 Cent - Not sure?!?

#4 Unread post by Earle42 »

Since you are new, please spend some time reviewing Daniel's videos on whether a coin should be sent in to the grading companies. Too many newbies do not understand the

People submitting what they think might be an error or variety must tell the company they wan ti labeled as such (and ay extra to get it). The companies do not have a a good reputation for actually knowing whether or not to put the variety/error attribution on the label unless that error/variety is one of the most common and well known.

I was first alerted to the lack of expertise die hard PCGS slab collectors and found they are correct by looking into the Ken.edy No FG varieties for myself. The paper attached to my signature is an eye opener.

And as long as I am at it, you also need to know that you can take, for example, a PCGS slab, break it open, resubmit the coin to PCGS, and you are never guaranteed the grade will be the same. There is no verifiable, repeatable science they use to grade. "Professional" grading is all opinion and subject to the whims of those seeing your coin (plus wether or not the coffee at the office was good that day 😊).
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

How much squash would a sasquatch squash if a sasquatch would squash squash?

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Re: 1996 Cent - Not sure?!?

#5 Unread post by JonC »

Awesome information. Thank you very much.

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Re: 1996 Cent - Not sure?!?

#6 Unread post by Earle42 »

Here is a post I made awhile ago here that will allow you to reference some data to verify what is being said:
"
Here is more info concerning the nature of the grading companies to help people make better educated decisions.
Thinking of Slabbing? Make sure you understand the Facts...or You Could Lose Money.
1. The grading companies are not a way that the majority of people, even those with a great deal of experience who know what they are doing, are going to be able to use in order to make huge personal profits. Many people start using grading companies thinking they will find a way to finance their hobby, but they learn a hard lesson quickly.

2. Watch some of Daniel's videos where he gets pieces back form the grading companies. Note even people who live, eat, breath, and deal coins for a living (like Daniel) can accurately predict what grade the companies will give. And...the "fault" (not really a fault) is in a widespread mistaken perception people get from being exposed to all the slabs being sold nowadays.

Coin grading companies are a business out to make a profit - this is why they exist. They use a system where (allegedly) three graders look at each coin and give an opinion. The company videos showing the process make you believe this is a relaxed paced process of studying each coin. In fact one PCGS video shows a number of guys sitting around a table discussing what they think a specific coin should be graded as (on youtube somewhere - sorry no link). Uh uh.

If you take a PCGS graded coin slabbed as MS64, break it out, and resubmit it to PCGS, you are never guaranteed the same grade again. The slabbed coin might come back MS62 (bad day for graders), 63, 64, 65, 66 (great day for you!). This is b/c the process is all subjective: No scientific/verifiable standards or methods are used. Personally having talked with former graders (granted - its been awhile), the process is very rushed since they told me graders are paid by how many coins they can get through in a day.

But..this is all hearsay without proof. So...
Grading the Coin Graders

Here is another good read from someone there at the start of the grading companies:
Hobby negative impacts from slabbing companies

Also link to and read (download if you want it) the pdf link in my signature. The verifiable data presented shows trusting people have spent thousands of dollars on many slabbed coins that are not what the companies claims/slabbed the coins to be.

You don't have to throw in the towel over these companies...but education about the reality of them will put you on the right pathway to dealing with them in a legit way without losing money in the process.

And…if you just like to collect slabbed coins for what they are, which makes losing/making money from slabs irrelevant, then of course enjoy them!"
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Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8

How much squash would a sasquatch squash if a sasquatch would squash squash?

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