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1879-S Morgan Dollar - You Vs. PCGS

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 Posted 03/08/2017  7:54 pm  Show Profile   Bookmark this reply Add fenton to your friends list
66
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 Posted 03/08/2017  7:59 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list
I'd say a solid 66.
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 Posted 03/08/2017  8:01 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
MS 65. Too much chatter for a 66.
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 Posted 03/08/2017  8:31 pm  Show Profile   Bookmark this reply Add moxking to your friends list
I'd bet on 65+ and know I'm within a half grade one side or the other.
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 Posted 03/08/2017  9:28 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
I'm pretty conservative when it comes to grading, and I've got it at MS65+. Man, that cheek looks CLEAN, and the entire bust looks immaculate. Lovely specimen. Without that chatter, though. . . . . goodness gracious.
Edited by Darth Morgan
03/08/2017 9:34 pm
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 Posted 03/08/2017  10:06 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list
I am thinking it could make MS-66.
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 Posted 03/09/2017  12:35 am  Show Profile   Bookmark this reply Add paralyse to your friends list
Easy 65+ or 66.
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 Posted 03/09/2017  01:03 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list
65+
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MS65
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 Posted 03/09/2017  3:39 pm  Show Profile   Bookmark this reply Add nfine to your friends list
MS-66.
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 Posted 03/09/2017  5:25 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
And the grade is: PCGS MS-65 CAC

I was kind of expecting a 65+ on this one since the cheek is so clean - The chatter in the field keeps it out of 66 territory (Although on the right day, it might be able to sneak into a 66 holder). I won't be getting rid of this one for a long time, I just like it too much.

1879-S-Morgan-Dollar---You-Vs.-PCGS
Edited by Canadian-Banknotes
03/09/2017 5:26 pm
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 Posted 03/09/2017  6:00 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list
As you may have also seen, there are many coins worse than yours in 66 holders. I think that PCGS gets it right most of the time, but the overgraded 66s all seem to end up on ebay and large dealer online inventory at attractive prices. Because most people tend to hoard nicer coins and sell overgraded ones, I think that people tend to believe that the majority of slabbed coins are overgraded. I think it is true that the majority of stuff on the market that is attractively priced tends to be overgraded. That is what the market incentivizes. PCGS certainly makes mistakes in grading - they are human after all - but for the most part, I think they get it right.

You have a beautiful coin by the way, and as someone said earlier, if not for the small amount of chatter, this coin would really be among the finest.
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 Posted 03/09/2017  7:53 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
65 with CAC is about equal to 65+, with 65 CAC being better IMO.
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 Posted 03/09/2017  8:01 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list

Quote:
As you may have also seen, there are many coins worse than yours in 66 holders. I think that PCGS gets it right most of the time, but the overgraded 66s all seem to end up on ebay and large dealer online inventory at attractive prices. I think it is true that the majority of stuff on the market that is attractively priced tends to be overgraded. That is what the market incentivizes.

I certainly agree - you get what you pay for (especially on ebay). It's difficult to find attractive coins for attractive prices.


Quote:
65 with CAC is about equal to 65+, with 65 CAC being better IMO.

I agree with this as well, I'd prefer a 65 CAC to a 65+ especially when the majority of my buying is done online and I don't get the chance to inspect the coin until it arrives.
Edited by Canadian-Banknotes
03/09/2017 8:04 pm
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 Posted 03/09/2017  9:01 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
I missed this one but 65+ was first my impression. It has the check of a 66 but the obverse left field limits it. At any rate, another fine pick CB.
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