1938 MS-61 Dollar

I think you may be correct in that assertion. I have ICCS MS 58,60 & 62, but no 61's

I never quite understood the reasoning for a 70 point system if not all 70 points are used. Clearly a coin graded F-15 would be an upgrade to a coin graded F-12, but what is the point of having a F-13, F-14 grade if they are never used? I would imagine trying to tell the difference between grades at that level would be near impossible, but if only around 25 different grades are actually used wouldn't it have made more sense just to have a 25 point system. Therefore a F-15 would be "one step" up from an F-12 coin.

For KGV nickels 1922-1936 which I collect, NGC had graded (the last I checked) a total of 315 coins MS...

0 MS60
27 MS61
114 MS62
100 MS63
60 MS64
14 MS65

Note that no coins have been graded MS60 for this series which is common grade seen given by ICCS. That said, NGC has occsional given MS60 grades (e.g. 5 KGV silver 5 cents (1911-1920), 1 King Edward five cent, and 2 Queen Victoria five cents received MS60 awards).

Yep. It adds extra resolution to a scale which is more precise than the people and companies who grade are. Funny how there are Canadian coins that grade MS-69 and MS-70 in US holders but none in ICCS holders. I guess all the good stuff must get sent to PCGS OR NGC ;)

Does ICCS grade anything that high? The highest one I own is the 2006 1/2 oz wolf coin that was graded ICCS MS-67. I'm not sure if I have ever seen an ICCS MS-69 or 70.

Ha, that's funny/odd/weird. My only MS61 is also 1938 $1, but ANACS. Thanks for making me dig into my box, I almost forgot that I picked this up 11 years ago. My opinion is that they are attempting to adhere to the Sheldon scale (https://en.wikipedia.org/wiki/Sheld...ading_scale) and saving MS60 for the absolute worst coins that don't have circulation wear.




Edit: Maybe someone should start a "post your MS61 coins" thread.

Devlec, if you're talking about mine, yes, it's fairly frosty, and I wasn't trying to do "grading" photos, just quick pics to show the holder. There are a couple dozen small hits all over the obverse, mostly on the portrait but nothing heavy, as you say. The reverse is actually quite free from marks. Who knows, maybe it would grade higher now, or maybe ICCS would give it MS60. I picked it up for about US$90 in 2004, which is still the trend price in MS60, so not exactly a hot investment, but at the time I was focused on putting together an affordable set of George VI dollars in MS. I recorded the J&M value at the time as 137.60/162.00, but I don't know for what grade (MS60 or 62?); seems like trend has gone down since then for this coin. I thought it was a decent deal at the time and really wanted a 38. Anyway, don't mean to hijack the thread, MS61 certainly seems uncommon as a grade.

Yes, the pop reports for both NGC and PCGS show a lot more 61 than 60 for this date, and yet more in 62/63, but the latter probably has to do with grading cost versus value for this date.