1814 50c Silver. Help With Grade And Variety. - Page 2

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Author	Replies: 20 / Views: 2,020	Page: of 2

bandsdean Pillar of the Community United States 2125 Posts	Posted 01/02/2017 1:05 pm Au-53. Nice coloring! Report this Post to the Staff
Jeromewhite New Member 17 Posts	Posted 01/02/2017 6:48 pm Coin was acquired on 11/5/1969 for $30.00 by my father-in-law through a coin auction via snail mail. The envelope had a grade on it: VF+. So, today a $30.00 coin would cost $198 adjusted for inflation. NGC has a 1814 VF coin listed value of $210 - Spot on! And an AU55 value of $1055. It appears that there is gradeflation happening! Has grading become more lax in this time span? Edited by Jeromewhite 01/02/2017 7:46 pm Report this Post to the Staff
numismatic student Bedrock of the Community United States 11899 Posts	Posted 01/02/2017 8:30 pm I think grading has become less subjective and more standardized over time. Folks had widely differing standards back then, and that still occurs today, but information availability and technology have bridged that gulf to some degree. I don't think we will ever get rid of all subjectivity because folks are different in their preferences, but a lot of nonsense that happened because people didn't know any better has gone away. The original grader for your coin was likely a conservative grader using a conservative grading scale. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website:https://fairfaxcoins.com Report this Post to the Staff
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 01/02/2017 8:30 pm AU-50 Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 01/02/2017 8:53 pm AU-53. Yes grade inflation has been rampant over the last few decades. The number of collectors of Capped Bust Halves has also increased greatly too driving up prices. There are some very serious collectors out there with a lot of discretionary income in this series. Report this Post to the Staff
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