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 Replies: 14 / Views: 962 |
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Pillar of the Community
United States
1499 Posts |
  Many of the surviving gold dollars from the 1880s are in high grade. They are also quite often proof-likes because the mintages were so low. The mintages ranged from 1,636 in 1880 to 30,729 in 1889. These coins were seldom used in circulation. They were mosted used for jewelry, and the few "not so nice" examples show evidence of jewely use. Asside from the 1889, which is by far the most common date in the 1880s, these coins are scarce. I've been working on a high grade set for the past two or three years, and have it down to two dates. So what do you think this one grades? My grade is not the same as the NGC grade. The marks in the upper left obverse field are there, but once again my photos make them look worse than they are in person. They also look bigger because this coin has P-L surfaces which makes any mark look bigger.
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Bedrock of the Community
United States
36880 Posts |
I could see this one at MS-64 as it has far less marks than your 58 $.
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Pillar of the Community
United States
3210 Posts |
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Bedrock of the Community
 United States
18708 Posts |
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Pillar of the Community
United States
6370 Posts |
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Bedrock of the Community
United States
10982 Posts |
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Pillar of the Community
United States
7637 Posts |
I'm guessing NGC probably gave it a 63. Real world grade today is probably 64. Very nice and very pretty coin!
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Pillar of the Community
United States
3234 Posts |
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Bedrock of the Community
United States
94367 Posts |
I'm at 63 as well. Super nice coin as usual!
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Pillar of the Community
United States
5854 Posts |
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
 United States
1499 Posts |
NGC graded this 1885 gold dollar as an MS-66. I paid MS-65 money for it because it matches up very well with the other gold dollars from the 1880s that are in my colleciton. As I said up front, the marks in the left obverse field look far worse in the this picture than they do when you view the coin in person.
As a part of "grade-flation" an lot of these coins that once were available in MS-65 holders are now in MS-66 and 67 holders. Once they hit MS-67, the prices head toward $4,000 a coin, which more than I am willing to pay.
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Bedrock of the Community
United States
94367 Posts |
Thanks for the update. Repeating my comment on the '82, I realize the pics are greatly enlarged and that gold is soft, etc., but somehow this doesn't seem like a 66 or 67 coin (as nice as it is). I think the magnification factor must be misleading.  |
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Pillar of the Community
United States
1499 Posts |
If you use a 10x glass to grade a $20 gold, you would not grade 90% of them above MS-62.
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Pillar of the Community
United States
3546 Posts |
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Replies: 14 / Views: 962 |
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Posted 08/06/2016 10:42 am
