In the first of two experiments designed to investigate perceived cognitive abilities of young and old targets, 80 female undergraduates estimated the performance of either a young or an old target on several subtests from the Wechsler Adult Intelligence Scale (WAIS; Wechsler, 1955). Experiment 2, with 120 respondents, extended Experiment 1 to include respondent sex and target sex variables, and additional WAIS subtests. The results of the two experiments suggest a highly differentiated view of cognitive abilities. On subtests related primarily to memory and psychomotor speed, the old targets were seen as less cognitively able than the young targets. On a subtest assessing practical judgment and common sense old targets were seen as superior to young targets. On subtests assessing computational abilities and logical abstractive thinking no reliable target age differences were found. Neither target sex nor respondent sex played a substantial role in target age perceptions. Compared to available norms estimates xvere unrealistically generous, particularly in the case of older adults. However the pattern of estimates across cognitive abilities reflected, to a substantial degree, the age-related differences in the norms.