Grading Differences In Liberty Double Eagles - What Explains It?

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Author	Replies: 2 / Views: 347
jecz79 Pillar of the Community Portugal 655 Posts	Posted 08/16/2023 7:43 pm I was looking at a sales site and noticed something that is too strange not to comment. The site has good photos of two 1900 double eagles. Different mints but the type is the same. https://www.davidlawrence.com/auctions/lot/749883 https://www.davidlawrence.com/inventory/730955 My experience is not great but I thinl anyone can see that the criteria for grading can not have been the same. The conservation of the coins is too different for both to be MS63. The 1900-S has much greater wear and many more strikes from other coins. What explains these differences? The grading companies? The year each was graded? Someone having a bad day? I had read that PCGS was preferred for classical USA coins. I had thought it was stricter with grading. But in this is seems the opposite. It gives out higher grades easier? Report this Post to the Staff

jacrispies Pillar of the Community United States 3848 Posts	Posted 08/16/2023 8:03 pm Neither coin has wear, but there is a huge variability with contact marks. The PCGS example could be a 62 and the NGC could be a 64 in my opinion. Of course it always comes down to buying the coin and not the holder. Even though the PCGS example says MS-63 on the label, that may be worth only 62 money. Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955 Shoot me a PM if you are looking to sell bust halves. Report this Post to the Staff
Ty2020b Pillar of the Community United States 4680 Posts	Posted 08/16/2023 8:11 pm We'll never know the logic behind what the graders saw in each coin and how they came to that decision. Both are in holders from the early 2000's. I've seen more conservative grades from NGC than PCGS in that era. I personally think the NGC example is undergraded and the PCGS example is overgraded, I could see MS-64 and MS-62 respectively. Both are common dates, the 1900-S being less common in GEM. Did they play a factor? Who knows. Report this Post to the Staff
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