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 Replies: 18 / Views: 1,632 |
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Pillar of the Community
United States
4989 Posts |
Continuing with the tricky coins. I'll hint that PCGS assigned this one a clean mint state grade so guess at the numeric designation or call them out on overgrading an AU coin!   |
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Valued Member
Germany
312 Posts |
Hard to believe that this is really just a weak strike and not wear.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
1512 Posts |
Classic "pancake strike" for the year. Don't see a ton of marks, can't tell luster at all. Assuming it has decent luster, I will take a shot in the dark at MS-65
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Rest in Peace
United States
10625 Posts |
I'm not seeing any contact marks so possibly MS66.
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Pillar of the Community
 United States
735 Posts |
not a big fan of the overall look of the coin but I will guess ms64
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better? |
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Pillar of the Community
United Kingdom
1273 Posts |
The strike is so weak but I don't see any wear at all. I'm gonna say MS66 but this could even be MS67.
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Pillar of the Community
United States
505 Posts |
If there's no wear to hidden scratches under the toning I'm at MS65
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Bedrock of the Community
United States
36745 Posts |
Typical weak strike 04-O. All original skin, super clean cheek, MS-65.
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Bedrock of the Community
United States
18665 Posts |
this is a bad strike for the year. for some reason unknown to me TPG's, especially PCGS that I've noted, ignore blotchy toning like this. from what I've seen they dont even deduct for it. they also tend to ignore fingerprints. to me it appears that all the original surfaces were stripped off and that scratch under AMERICA is pretty significant even though its not in a key area although there are very little marks and it has a clean profile I would have called it UNC details (cleaned). based on your comment i'll say PCGS called it MS62. if its any higher than this then they are completely ignoring strike, eye appeal and even possibly luster |
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Pillar of the Community
United Kingdom
1273 Posts |
But Panzaldi...
Weak strike and eye appeal should only take a coins grade down a notch or two. If there is no actual damage to a coin, it cannot be MS62. Imagine this coin came straight out of the mint, and was stored to perfection and didn't have the toning. It would grade MS69, why not 70? Because of the strike. Now imagine it hasn't had any damage but it has got the toning, should it not still be 69? A coin's grade should ultimately be determined by damage or lack thereof, the other factors you mention such as eye appeal and strike should surely contribute in a minimal way after this? I'm only opening a discussion here as I do respect you have far more experience than I do and as you know I like your comments, but if there is very minimal damage to this coin, I see no reason for it to be lower than MS65, even with the weak strike and lack of eye appeal.
Edit: I read your comment a little too quickly. I see you mentioned it might have been dipped and the original lustre is missing, if so then perhaps you're right with an ms62 grade. I suspect it is higher though and that toning is hiding the lustre. Anyway, I'm excited to find out this one's grade.
Edited by TobyJ
08/30/2022 09:26 am
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Pillar of the Community
United States
1773 Posts |
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Bedrock of the Community
United States
18665 Posts |
TobyJ, maybe this will help you understand how I grade MS Morgans
I take a very analytic approach to grading these. I grade using a 5 point system for each component on both sides and then average it. you are correct about surface preservation. I give it twice the weight of strike, luster and eye appeal which I put all of them at the same level.
here is the grading system that I use and how I came to MS62 for this one. you may disagree but this is my assessment
obv
surface preservation 4x2 (due to fingerprints) = 8
strike 2.5 (below average strike for the year)
luster 2 (non existent using these photos,this is generous)
eye appeal 3 (due to blotchy toning and flat look)
total 15.5
rev
surface preservation 3.5x2 (due to fingerprints & scratch) = 7
strike 3 (below average strike for the year)
luster 2 (non existent using these photos, this is generous)
eye appeal 3 (due to blotchy toning and flat look)
total 15
total 30.5 divided by 2 = 15.25. a 15.25 falls right in the middle of an MS62 coin and therefore my grade. does it work all the time? no, but its the most accurate way I have found to grade them. also photos are not always accurate but I can only grade what I see
scale
5-12.99 - MS60
13-13.99 - MS61
14- 17.49 - MS62
17.5-18.99 - MS63
19-20.49 - MS64
20.5-21.99 - MS65
22-22.99 - MS66
23-23.99 - MS67
24-24.49 - MS68
24.5-25 - MS69
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Pillar of the Community
 United States
4989 Posts |
PCGS graded this one MS-65.
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Pillar of the Community
United States
735 Posts |
wow, still not a fan of the look of this coin
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better? |
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Bedrock of the Community
United States
18665 Posts |
Quote:
PCGS graded this one MS-65. i just cant get this to that grade a all. they had to disregard the blotchy toning and fingerprints and in this case strike and luster as well to get to that grade. a completely clean coin void of any marks or scratches does not mean the coin warrants a 65 grade. the purpose of the grade is to determine the value on the open market and maybe its just me but I would never pay 65 money for this coin. i dont mean to slam your coin its just my personal opinion |
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Replies: 18 / Views: 1,632 |
Posted 08/29/2022 2:51 pm
