1879-S Morgan Dollar - You Vs. PCGS - Page 2

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Author	Replies: 21 / Views: 1,801	Page: of 2

nfine Pillar of the Community United States 3474 Posts	Posted 03/09/2017 3:39 pm MS-66. Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 03/09/2017 5:25 pm And the grade is: PCGS MS-65 CAC I was kind of expecting a 65+ on this one since the cheek is so clean - The chatter in the field keeps it out of 66 territory (Although on the right day, it might be able to sneak into a 66 holder). I won't be getting rid of this one for a long time, I just like it too much. Edited by Canadian-Banknotes 03/09/2017 5:26 pm Report this Post to the Staff
numismatic student Bedrock of the Community United States 11898 Posts	Posted 03/09/2017 6:00 pm As you may have also seen, there are many coins worse than yours in 66 holders. I think that PCGS gets it right most of the time, but the overgraded 66s all seem to end up on ebay and large dealer online inventory at attractive prices. Because most people tend to hoard nicer coins and sell overgraded ones, I think that people tend to believe that the majority of slabbed coins are overgraded. I think it is true that the majority of stuff on the market that is attractively priced tends to be overgraded. That is what the market incentivizes. PCGS certainly makes mistakes in grading - they are human after all - but for the most part, I think they get it right. You have a beautiful coin by the way, and as someone said earlier, if not for the small amount of chatter, this coin would really be among the finest. 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
paralyse Bedrock of the Community United States 12057 Posts	Posted 03/09/2017 7:53 pm 65 with CAC is about equal to 65+, with 65 CAC being better IMO. 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 Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 03/09/2017 8:01 pm Quote: As you may have also seen, there are many coins worse than yours in 66 holders. I think that PCGS gets it right most of the time, but the overgraded 66s all seem to end up on ebay and large dealer online inventory at attractive prices. I think it is true that the majority of stuff on the market that is attractively priced tends to be overgraded. That is what the market incentivizes. I certainly agree - you get what you pay for (especially on ebay). It's difficult to find attractive coins for attractive prices. Quote: 65 with CAC is about equal to 65+, with 65 CAC being better IMO. I agree with this as well, I'd prefer a 65 CAC to a 65+ especially when the majority of my buying is done online and I don't get the chance to inspect the coin until it arrives. Edited by Canadian-Banknotes 03/09/2017 8:04 pm Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 03/09/2017 9:01 pm I missed this one but 65+ was first my impression. It has the check of a 66 but the obverse left field limits it. At any rate, another fine pick CB. Report this Post to the Staff
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