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Replies: 25 / Views: 4,428 |
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Pillar of the Community
 Canada
5417 Posts |
Yikes, I'm surprised with the verdict here. The coin graded PCGS MS-65:  My images show pretty clean fields but no luster, which is an issue for grading really. The images, which were taken under dim, yellow light, show the detail well but kill the luster. Here's a different set of pictures, from another PCGS graded 65. 
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Pillar of the Community
United States
4233 Posts |
 What do I win?
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Bedrock of the Community
Australia
21788 Posts |
Well, well. I think that they are both MS64!
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Pillar of the Community
Taiwan
606 Posts |
Good call kbbpll. IMO neither of the coins pictured give an accurate impression of what luster looks like on a true gem 65 coin. Prior to the BOC release a gem 1914 would have been considered a major rarity. Now with the BOC release the 1914 can be considered a common coin in 65. PCGS has graded 310 in MS 65 with 33 graded higher. How many collectors of high grade Canadian gold are there? It will be interesting to follow the pricing structure of the BOC hoard going forward.
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Pillar of the Community
Canada
1051 Posts |
Quote: I am still not sure why they relax standars when grading gold coins Gold is incredibly soft, you can leave an indent in high purity gold with your fingernail. If you graded gold coins with the same criteria as nickel coins, you'd never see one grading better than about MS-63 unless it was a specially handled NCLT. Anything that ever saw a mint bag has marks, period.
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Pillar of the Community
Canada
1505 Posts |
Thanks 1cent, that is the heart of my question, is the purpose of grading to have MS65 coins or to apply a consistent standard across all coins. Should steel/nickle have a different standards than Silver? What about copper?
I understand that they do it, but it seems odd why, when they don't do it for older metals, unless they do, which would be news to me.
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Pillar of the Community
Canada
1051 Posts |
MS-65 is a "gem" grade based on the characteristics of a particular series. If the coin is soft or large (or both), it will be allowed more surface marks. It is a consistent method in that only the best coins of a series will attain high MS grades, based on the specific qualities of that series. A linear grading system across all coins would universally punish large, soft coins and favor small, hard ones.
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Pillar of the Community
United States
1285 Posts |
MS65? Take it with a big smile. 
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Pillar of the Community
United States
4963 Posts |
Got to love that Canadian gold.
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Pillar of the Community
Canada
3234 Posts |
I've never heard of a 65 before..and I've never see one as nice as this..
That is super rare,..and even more so in the 14..and a ten dollar piece..These gold coins marked up ,..by just looking at them....
..very very tough coin here..and must have received special handing when compared to what we normally see..
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Replies: 25 / Views: 4,428 |