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Different Grades Of Diffrent Denominations Of Coins...

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Pillar of the Community

Sweden
729 Posts
 Posted 10/24/2012  02:55 am Show Profile   Bookmark this topic Add epikur to your friends list Get a Link to this Message Number of Subscribers
Gonna try to explain this in a way it makes sense...

I have a reference MS library of PCGS graded Morgans from 61-65.

The thing is, I'm surprised how many bag marks and small dings and scratches Morgans are allowed to have compared to other 90% silver coins of the same grade. Sure, they are much heavier and therefore get more distinct bag marks but still.

If I was to compare my 65 Morgan to one of my barber halfs, the half would grade much much higher than 65. But that would make it a $5000 coin, which I see unlikely for it to be.

Even when I did post it here in the grading section, the opinions varied from AU to MS64.

So does the gradig only differ that much because of the wheight of the Morgan, or are TPGs "kinder" to Morgans than other silver coins?

I understand gold coins are being treated different than silver coins due to its softness, but shouldn't same metal coins be graded with the same criteria?


I hope my point got through here.

epikur
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/24/2012  03:01 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Different coins do have somewhat of a different standard I believe, but there will always be over and under graded coins of every series. Id find another silver dollar to compare it too and not use the halfs, the larger the coin the more area for a mark where the smaller coins I've noticed can be better at hiding them. The smaller coins bag marks will be also be smaller and less visible from the lighter weighted coin with means they hit with less force.
Pillar of the Community
Sweden
729 Posts
 Posted 10/24/2012  03:30 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply
I was trying to grade the half, and used the dollar as reference, but realized quite fast that I wouldn't be able to

It will be quite expensive to have a reference library of all denominations, but a fun task :P
Pillar of the Community
matthewvincent's Avatar
United States
3486 Posts
 Posted 10/24/2012  03:38 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
Different coins also have different followings. The Barber coins are eagerly sought out by a few. The Morgan dollars are eagerly
sought out by MANY! The demand factor may have something to do with the standards. A Barber collector would not be as likely to resubmit
a coin for grading, as he or she knows if the grade is accurate. However, there are those Morgan collectors who sometimes
resubmit the same coin over and over again in the search for a higher number.

Your question was well stated. As all of your questions are. And your observations were on target.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/24/2012  08:18 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I am not sure there are any different grading standards in a specific TPG throughout all the different series of coins (even though there will be discrepancies because they are human) but there are different grading standards by different specialists of different series like EAC for copper and bust half collectors and so on. The census is that your Barber was AU-MS-64 and you are looking at a 65 Morgan, there wouldn't be very much difference between a 64 and 65 coin. It could be one hit in a focal area of the coin to more hits on the Reverse or anything like that. A coin can also look like a MS-64 as far as hits goes and still be an AU coin because there is wear on the high points. It can be almost virtually hit free and still be an AU coin because of wear, that is why ASU-58 is such a sought after grade. In AU-58 you have the details sometimes of a MS-64 coin with just the slightest bit of rub that breaks a little of the luster in a spot or two. I hope this makes sense to you and if not just let me know and I will try to explain it better. I guess an easier way to say it is in AU and below it is wear that determines the grade in MS and above it is hits that makes the coin a specific grade.
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