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Is This Correct Grade?

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coinlover168's Avatar
United States
506 Posts
 Posted 10/30/2014  7:27 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
Correct me if I'm wrong, but doesn't the strike play a factor in the grade? I have seen plenty of 1921 Peace dollars of the same grade that have much better strikes. I do agree, though, that it does not have many marks.
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scottk's Avatar
United States
767 Posts
 Posted 10/30/2014  7:42 pm  Show Profile   Bookmark this reply Add scottk to your friends list Get a Link to this Reply
I think it's fine at 64. The blotchy toning gives off a bit of optical illusion that the coin is somehow damaged or worn, but the details on it are all ok.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 10/31/2014  04:22 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
Correct me if I'm wrong, but doesn't the strike play a factor in the grade?
Not necessarily because that is how it came out of the Mint. The grade of a coin is determined by a number of factors other than the sharpness of the strike.

Strike quality will definitely have a factor in pricing though. Specialists in a particular series will pay a premium for well struck coins for a year that is known for weak strikes.
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dave700x's Avatar
United States
10625 Posts
 Posted 10/31/2014  07:09 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
It looks like a 90 year old piece of silver to me. MS-64 is most likely technically correct and I'll bet the coin looks no different now than what it did when it was slabbed. Any guesses what this would grade if cracked out and re-submitted raw by you or me?
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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/31/2014  07:10 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Couple of small dings near truncation of neck (obv.), and small dings on flight feathers (rev.). Rims appear un marked.
Why no (even residual) mint luster?
Weak strike - note particularly date numerals.
Why no "comment - 'weak strike'"?

Certainly leaves some doubt in MY mind.
At least a slider to something below MS64, and maybe a lot of slide.

Can't do a comparative ring tone test for authenticity - it has unfortunately been slabbed, and if broken out of the slab, could risk a big slide downwards.

All of these factors go into the decision to buy or not.

How much do empty dollar slabs weigh, and what is the tolerance? Ask PCGS. Add that to the weight of a genuine coin.
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