Northeast's Blog

FYI - Gem New!
11/30/2015

Coin of exceptionally high condition, such as Gem Uncirculated or Gem Proof. Gem coins have grades of 65 and higher. The term Superb Gem is often used to describe coins with grades of 67 and higher.


Happy Thanksgiving! New!
11/25/2015

We'd like to wish you and your families a very Happy Thanksgiving! Our office will be closed Thursday and Friday and will reopen on Monday, the 30th.


Numismatically themed Chuck Norris jokes New!
11/24/2015

Some of you are probably familiar with the popular Chuck Norris jokes. Ones like these: 

Chuck Norris sleeps with a pillow under his gun. 
or 
Chuck Norris was an only child...eventually. 

Well, one evening after work a few of us here met for Mai Tais at the Chinese restaurant below our office. We began scratching out some coin-related Chuck Norris jokes. Easy to do after a potent Mai Tai. For those who appreciate the regular Chuck Norris jokes, I invite you to read on and add any that you can come up with. 

*Chuck Norris' coins consistently grade MS71. 
*All of Chuck Norris' coins come back from CAC with a platinum sticker. 
*Chuck Norris doesn't submit to PCGS or NGC. They submit to him. 
*Chuck Norris made the Seated Liberty stand up. 
*The Sheldon Scale is being changed to suit Chuck Norris. Gem coins are no longer MS65; they are CS65, or Chuck State 65. 
*If Chuck Norris doesn't get the grades he wants, it's the graders who end up in the body bags, not the coins. 
*Poorly struck coins are actually just coins that Chuck Norris squeezed too tightly.

*The Greysheet Ask price is irrelevant to Chuck Norris because Chuck Norris never asks for anything. 
*Chuck Norris achieved the number one Registry Set ranking for Morgan Dollars even though he's never bought a Morgan Dollar in his life. 
*Chuck Norris cracks out coins barehanded...with one hand. 
*PCGS blackout dates to not apply to Chuck Norris.


FYI - Inadvertent Whistle New!
11/24/2015

There is no explanation for this.


FYI - Sheldon Scale New!
11/23/2015

A system of grading which was originally introduced by the late Dr. William H. Sheldon, for the purpose of grading large cents. The system was adapted to all coins in the early 1970's. The Sheldon Scale, as used today, incorporates numerical grades I through 70 to correspond with various descriptive grades as follows:

Poor-1 
Fair-2 
Almost Good-3 
Good-4,6 
Very Good-8, 10 
Fine-12,15 
Very Fine-20,25,30,35 
Extremely Fine-40,45 
Almost Uncirculated-50, 53, 55, 58 
Mint State- 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70