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Replies: 17 / Views: 3,307 |
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Pillar of the Community
United States
1192 Posts |
So I've been told "strike" doesn't come into play when it comes to grading however I just can't see why this graded so low. I'm happy with getting the coin but a MS-62, especially from ANACS, seems really low. The details in the hair are great, not flat like most 1921's. The details on the eagle's back and legs are fully there. There is also a ton of luster, this is the best looking Peace dollar I own by far. How did this only grade MS-62? I also have MS-63 and MS-64 Peace dollars from PCGS and this 1921 blows them out of the water when it comes to quality of the coin. BTW I purchased this already slabbed so I don't know when it was graded (It still wasn't necessarily cheap though!!)   For reference here is a PCGS MS-65. My MS-62 looks way better.. http://www.ebay.com/itm/1921-Peace-...371416658697Edited by LibertyEagle20 08/20/2015 5:09 pm
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Moderator
 United States
56855 Posts |
I don't think you can compare your 21 with other dates because the 21 is a high relief.I do think your 21 looks great though. John1 
Edited by John1 08/20/2015 5:24 pm
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Bedrock of the Community
United States
36800 Posts |
Luster and contact marks will affect the grade. ANACS does a decent job at grading silver dollars.
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Pillar of the Community
United States
7375 Posts |
Well, I agree with you, assuming the photos don't belie some issues we can't see. I would consider cracking it out and resubmitting to PCGS or NGC. Not saying it's a slam dunk, but...
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Valued Member
260 Posts |
Just so you know, ANACS is the toughest grading company. Not good to sell. PCGS is the most popular.
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Bedrock of the Community
United States
94367 Posts |
Respectfully disagree.  ANACS is all over the map over 20+ years, ranging from ultra-conservative to inconsistently loose. That's why they are the distant #3 grading service, whith no credentials at the major auction houses. Let's see some close-ups here, please. 
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Pillar of the Community
United States
4932 Posts |
Kind of looks like it had a cleaning on the obverse if you ask me, unless it's just the lighting.
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Rest in Peace
United States
17900 Posts |
It's really tough to tell much from those far away photos. Any chance you can just crop the photo to show JUST the coin, rather than the table?
From what you show, I certainly don't see anything that would slam in down to 62, but again, with these photos I wouldn't place any bets.
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Bedrock of the Community
 United States
18681 Posts |
Difficult because of small pics but it does look stronger than 62. Just a wild guess id say 64
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Bedrock of the Community
United States
10982 Posts |
Luster is big on Mint State grades and your coin seems to have diminished luster. Luster is very tough to capture in images however. Strike is important too as you know.
My take is that your coin is either a very nice slider that made MS because of it's strike and surface preservation or is honestly MS with poor luster. I doubt ANACS missed entirely but certainly another person/company might have said 63 or maybe 58.
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Pillar of the Community
 United States
1192 Posts |
Edited by LibertyEagle20 08/20/2015 8:56 pm
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Pillar of the Community
 United States
5828 Posts |
 That's a VERY nice coin  I'd consider getting it re-graded, but I'd be happy (if you don't have plans to sell it) with it in the current slab.
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Bedrock of the Community
United States
10982 Posts |
Quote:I still am confused by grading though. Look at this MS-65. Look under the "E" om the back. I see nicks and scratches there, how did it grade so high? The detail on the feathers isn't as defined either. I tried to post some better pictures below. I guess I can't really detail the "luster" but my coin is shiny.. still looks bright to me.. http://www.ebay.com/itm/1921-High-R...047675.l2557 The linked coin has a frosty reverse and likely has beaming luster as well. Surface preservation (nicks, scratches, etc) should be no more than 50% of an MS grade. Eye appeal, luster, and strike make up at least 50% of the grade and often more. That's the nature of market grading. With a bit of experience you'll be able to tell the difference in originality of a coin's surfaces. Your coin looks a tad dull in your images, not over-dipped but clearly not displaying the full mint bloom needed to hit 65 or better. It does appear it could grade MS63 though.
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Bedrock of the Community
United States
12057 Posts |
Whomever told you that strike is not part of the grading was quite mistaken. TPG's are in the business of grading coins not just for collectors but for dealers who have to move inventory, and that fact alone influences their grading. That being said, from what I can see of your coin it looks MS63, assuming the luster's not as flat as it is in your photos. It doesn't look "baggy" and I don't see substantial hits.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Valued Member
United States
403 Posts |
Quote: Just so you know, ANACS is the toughest grading company. Not good to sell. PCGS is the most popular. Thank you for the laugh. I think the coin in question is probably an AU58 that was bumped to a 62. Perhaps wiped or something. Maybe dipped a bit too much. Tough to tell without seeing the coin in-hand or seeing truly high-quality images.
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Pillar of the Community
United States
4469 Posts |
Paralyse, I made the comment that on the 1921 Peace dollar as the strike is not taken into consideration of grading unless the coin is above MS65 and I wonder about some of the 1921 coins above MS65 as some have soft strikes. The Peace dollar was designed to be a high relief coin, the pressure needed to strike in HR was causing the dies to fail and the majority of coins were struck with lower pressure resulting in flat spots on the hair above the ear and poor details on the eagle feathers. When the pressure to strike to coin was lowered, the metal would not flow to the deep parts of the die. Below is an example of the a MS64 with a flat spot above the ear: 
Edited by Slider23 08/21/2015 10:27 am
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Replies: 17 / Views: 3,307 |