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 Replies: 21 / Views: 3,224 |
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Pillar of the Community
Canada
1463 Posts |
Superb strike specimen maybe? I don't know
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Valued Member
 United States
64 Posts |
The back story on this coin is that I purchased it from a private seller who told me that he had purchased it in a NGC slab with a MS 65 grade. This individual sent the coin to PCGS and it crossed MS 64. That is when he offered the coin for sale and I purchased it. I never was privy to the NGC MS 65 label. Currently the coin is being re-graded at NGC. It is a really nice coin, I hope it comes back higher than a 64. I will post the results when I get them.
Thank you for your opinions.
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Pillar of the Community
 Canada
9866 Posts |
Of all the Canadian silver dollars the least valuable in MS65 is the '49.
At MS65 it isn't worth the cost of grading.
You better hope it comes back 66 or better or you'll be in a negative investment situation.
Another factor to consider is that to most Canadian collectors NGC is second rate compared to PCGS.
"Dipping" is not considered cleaning...
-from PCGS website
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Bedrock of the Community
Australia
21788 Posts |
Correct me if if I am wrong, but I have (I think), an impaired specimen 1949 ship Dollar in MS61 condition.
Reasonably sharply struck with polished fields, but not cameo.
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Valued Member
United States
64 Posts |
DBM - I am not sure what to say in response to your post.
Thank you for your opinion.
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Pillar of the Community
Canada
1505 Posts |
Great looking coin, could be 65 or 66.
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Pillar of the Community
Canada
9866 Posts |
@ bigmarty58
Of all the tens of thousands of Canadian grading posts you are probably the first person who has ever expressed a desire to cross a Canadian circulation coin from PCGS to NGC.
There is a reason no-one does it, it's a sure way to spend good money after bad.
A PCGS MS66 is money in the bank, an NGC MS66 will always be tough to sell.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
08/26/2019 10:10 am
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Pillar of the Community
Canada
1192 Posts |
65. A bit of flatness in the strike holds it back. The benchmark for grading these is much tougher than other silver dollar years because great care was taken during shipment. They were shipped in tubes rather than loose in bags.
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Pillar of the Community
 Canada
5403 Posts |
Basically a who cares situation .
Why Cross it , no one in Canada will care!
Even in 66 , which this piece is not ( 65 at best to a Canadian) these are
A very tough sell. 1949 Dollars are very easy to find in 65 or better .
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Pillar of the Community
Canada
867 Posts |
as DBM said, 1949 in MS65 or 66 isn't really exciting, due in part to the number produced and care taken to mint them.
Now, if you had a 1945 or 1946 in MS65, that would be news.
So, it would appear this coin has been certified 3 times? (NGC x 2, PCGS x1).....almost more spent on grading this coin then it's collector value in MS65.
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Bedrock of the Community
Canada
10743 Posts |
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Pillar of the Community
Canada
3733 Posts |
Quote:
The back story on this coin is that I purchased it from a private seller who told me that he had purchased it in a NGC slab with a MS 65 grade. This individual sent the coin to PCGS and it crossed MS 64. That is when he offered the coin for sale and I purchased it. I never was privy to the NGC MS 65 label. Currently the coin is being re-graded at NGC. It is a really nice coin, I hope it comes back higher than a 64. I will post the results when I get them. i would like to know how much are you into this coin for. re. Buying it as a PCGS ms-64. Hopefully you didn't pay book price of 50$, for this coin.. because even if it comes back as a ms-66, and books at 300$, it still sells for around 150$-160$.. Now if you luck out and get an ms-67 then you will do well. |
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Bedrock of the Community
United States
94367 Posts |
Whatever the grade, not difficult to pick the winners here.
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Pillar of the Community
Canada
1051 Posts |
It has the blaze of a 66/67, but if you carefully inspect the surfaces you will see it's probably more like a 65.
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Valued Member
United States
64 Posts |
Update:
Received a MS 64 from NGC. I like the coins eye appeal but you can't argue if both PCGS and NGC come up with the same grade. I always thought that the strike was not going to bring anything over a 65. The good news is that I did not pay very much for the coin. I am chalking this one up to a good learning experience. For everyone who replied to my OP I want to say thank you.
Bob
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Posted 08/25/2019 8:59 pm
