Author Topic: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?  (Read 5203 times)

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Offline PandaBear23

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Hello everyone. I have had in my collection for some time a 1996 1/2 Gold Panda SD in NGC MS64 condition. I have always been a great fan of the coin as it is truly a beautiful design for that year and how lustrous the reverse (front) of the coin is and the obverse has some fine hairlines around the temple and that is it. No dings, jewelry marks or anything. I will post photos once I get it out safely and take some new pics so you folks can weigh in if this would be a good candidate to send in for re-grading to NGC.

What are the risks in sending in for re-grading? I've never done so in the past and not sure if it would grade same, lower or hopefully go up another point or two.

Thank you all.

Offline KeyDate1/2ozPandas

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #1 on: June 01, 2016, 01:17:27 AM »
There is no risk, but there is no upside either.  For modern coins MS67 is the lowest acceptable grade to have in holder, anything below that the holder adds no value to the transaction.

Offline PandaBear23

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #2 on: June 01, 2016, 04:41:04 PM »
Thank you Arif. Though I would say I have come across some coins that are graded 67 and 68 that should have graded lower actually so perhaps this hidden beauty has a chance. Appreciate your guidance and wish you all the best.

Offline PandaBear23

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #3 on: July 21, 2016, 07:17:10 PM »
Here's some pics of coin.

Offline PandaBear23

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #4 on: July 21, 2016, 07:17:46 PM »
and another

Offline PandaBear23

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #5 on: July 21, 2016, 07:19:13 PM »
one more

Offline KeepOnTrying!

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #6 on: July 21, 2016, 07:23:00 PM »
one more

Are those scratch marks on the coin?
Thanks.
KeepOnTrying and Never Give Up!
That lion is also after you!

Offline PandaBear23

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #7 on: July 21, 2016, 07:25:26 PM »
Hairlines on temple side.

Offline jc888888888

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #8 on: July 21, 2016, 07:39:56 PM »
for sale??

Offline xiaohei99

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #9 on: July 21, 2016, 07:49:28 PM »
Here's some pics of coin.

IMO this is a large date indeed, the font "1" is thin and tall, close to the coin rim variety.

Offline PandaBear23

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #10 on: July 21, 2016, 07:58:37 PM »
Thanks for info on possible variety xiaohei99.

jc8888888888 send me a PM my friend.

Offline KeyDate1/2ozPandas

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #11 on: July 22, 2016, 12:00:16 AM »
The coin looks really good on the NGC website and even in your pictures.  I would resubmit, it may upgrade to 67.

Offline KeepOnTrying!

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #12 on: July 22, 2016, 12:21:25 AM »
The coin looks really good on the NGC website and even in your pictures.  I would resubmit, it may upgrade to 67.

Should such coins be removed from the slab before submission to reduce the effect of the previous grade on the grader?
KeepOnTrying and Never Give Up!
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Offline Honus

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #13 on: July 22, 2016, 12:57:38 AM »
Should such coins be removed from the slab before submission to reduce the effect of the previous grade on the grader?

I've wondered that same exact question.   My inclination is to crack it out and resubmit without the slab as a fresh new submission, so there's no bias from the grade first time through.     I had a 1982 1oz that graded MS66, and I couldn't understand why.  Coin was really nice - no damage, no hairlines.  I cracked that out, and sent it in without the NGC holder and sure enough it came back MS68.   

With this 1996, I would definitely resubmit that - your downside is limited, as the value of that coin whether MS63 or MS64 is virtually the same.  But if it comes back higher than 64, you definitely benefit.
Eric Liquori
Anvil Fine Wares
www.anvilfinewares.com

Offline KeyDate1/2ozPandas

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Re: 1996 Gold Panda 1/2 Small Date NGC MS-64 re-grade question?
« Reply #14 on: July 22, 2016, 01:07:44 AM »
Always crack it out and resubmit, only MS69 and MS70 are worth submitting in the slab.