You Vs PCGS ... 1934-D Peace $ - Coin Community Forum

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Author	Replies: 12 / Views: 1,480
nickelsearcher Moderator United States 15446 Posts	Posted 06/20/2011 6:56 pm Sooo ... I am slowly and quietly putting together a Peace dollar date/mm set ... all 24 coins. 11 down so far ... and just acquired this lovely 1934-D. Coin is in a PCGS holder. Poor photos do not in any way capture the brillance of the luster. Grade opinions? David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff

JackB Pillar of the Community United States 1064 Posts	Posted 06/20/2011 7:07 pm MS-64 for sure, picture of reverse doesn't seem quite as clear as obverse - a beautiful example! Report this Post to the Staff
hermanwilliams Valued Member United States 309 Posts	Posted 06/20/2011 7:40 pm I was thinking 65. Nice coin. Report this Post to the Staff
Las_Vegas_Larry Pillar of the Community United States 817 Posts	Posted 06/22/2011 5:33 pm MS64 Report this Post to the Staff
pman860507 Pillar of the Community United States 784 Posts	Posted 06/22/2011 5:45 pm i Dont know much but I would say MS62 Report this Post to the Staff
muddler Pillar of the Community United States 7193 Posts	Posted 06/22/2011 6:16 pm I would say by knowing your standards it must be at least MS65. Congratulations on your acquisition. Report this Post to the Staff
nickelsearcher Moderator United States 15446 Posts	Posted 06/22/2011 8:08 pm Thanks for the replies ... this sub-forum is quite busy ... great for us. Any other opinions? I will post the actual PCGS grade with photo of coin in holder after work tomorrow. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
master6238 Valued Member United States 178 Posts	Posted 06/22/2011 8:21 pm Well I have an 1924 MS65 in front of me right now and it looks as good if not better than mine.... Report this Post to the Staff
nickelsearcher Moderator United States 15446 Posts	Posted 06/23/2011 4:39 pm Wow ... you folks are good at this. Thanks for participating. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
JackB Pillar of the Community United States 1064 Posts	Posted 06/23/2011 5:00 pm Mr searcher, question, if I may; I don't have any PCGS coins myself, couple old ANACS from the 90's is the extent - what does MS64+ mean? Did they send you an explanation saying it was really better that their usual MS64's, but not quite up to MS65 criteria? I'm guessing would mean a better price if you ever decided to sell it? Report this Post to the Staff
nickelsearcher Moderator United States 15446 Posts	Posted 06/23/2011 6:35 pm Quote: Did they send you an explanation saying it was really better that their usual MS64's, but not quite up to MS65 criteria? Good question and basically correct ... I'll offer what I know with some personal opinions thrown in for flavor. Within the past few years (not sure of the exact timing) both PGCS and NGC (the top 2 TPG) decided to deploy the marketing tool of 'grades within grades'. Their stated intent ... in my words ... was to differentiate coins that are better than average but not deserving of the higher grade. Just as you stated in you question. NGC uses a star * .... PCGS uses a plus +. Personally I think the entire concept is silly ... grading is so subjective that 10 experts will have 8 different opinions on the same coin ... so any attempt to resolve this to a 1/2 grade point is purely a marketing idea and not based on reality IMHO. This concept of + grading appeals mainly to the registry set enthusiast who is chasing numbers instead of coins. I purchased this 1934-D because I liked the coin in hand ... not because of the + grade. That said ... we need to recognize as serious collectors the reality of the marketplace as it is ... and alas this + grading has gained an acceptance and does indeed price a coin higher in most cases than a coin graded at just the technical grade. PCGS Price Guide for this 1934-D Peace dollar: MS64 ...... $650 MS64+ ..... $800 MS65 ...... $1700 Hope that explanation helps. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
JackB Pillar of the Community United States 1064 Posts	Posted 06/23/2011 7:01 pm Yup, that explanation makes perfect sense to me, and I agree it's another marketing thing around all the premiums associated with 'high-end' coins, collected by only the most discriminating, I guess. What will they come up with next? Report this Post to the Staff
greghansen Valued Member United States 92 Posts	Posted 07/01/2011 8:56 pm That's fair. I was wavering between 64 & 65 depending on luster and based on your comment that the luster was not adequatley represented in the images, I would have leaned towards 65. Report this Post to the Staff
	Replies: 12 / Views: 1,480

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