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Grading Differences For Canadian Dollars MS 65-Ms-66

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Pillar of the Community

Canada
1248 Posts
 Posted 05/06/2009  3:28 pm Show Profile   Bookmark this topic Add hhbkiddo to your friends list Get a Link to this Message Number of Subscribers
Can anyone tell me with certainty HOW to differentiate between a MS65 and MS66 Canadian silver dollar?
I mean not jus : there is one grade/point difference.
What is the difference? and HOW does one determine such a difference?
I am ad odds here....never mind the difference from 66 to MS-67....
thanks

HHB
Valued Member
United States
324 Posts
 Posted 05/06/2009  4:35 pm  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
For MS66, probably mint luster and moderate crispness of strike (i.e, a strike from newer dies as opposed to worn dies). For MS67, mint luster as well and high crispness of strike (i.e, a strike from new dies as opposed to slightly worn dies).
Pillar of the Community
1cent's Avatar
Canada
1051 Posts
 Posted 05/06/2009  9:59 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
It's tough to quantify a subjective art in absolute terms. The combination of the three factors of luster, strike and surfaces can combine in different ways to give you different final grades. Two coins with identical surfaces could receive different grades based on a stronger strike on one coin, or one coin could have better luster and a slightly weaker strike and both could come out graded the same.

Generally luster and strike are both pretty good at the MS-65 level, so I expect (hope) to see slightly cleaner surfaces on the 66 coin in comparison.
Pillar of the Community
Canada
1248 Posts
 Posted 05/06/2009  10:36 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
ok MKB...
why would a MS 64 at ICCS grade a possible MS 65-66 at PCGS or NGC?
if we are looking at the same criteria...WHY?
hhb
Pillar of the Community
Canada
1248 Posts
 Posted 05/06/2009  10:39 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
ok 1cent....
are we dependant on ONE in canada? GOD maybe, as in ICCS?
what if GOD is wrong.? perhaps GOD is biased? toward his own issues..?...and that has been proven many times over...
HHB
Pillar of the Community
Canada
1248 Posts
 Posted 05/06/2009  10:42 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
ok 1 cent...
the factor LUSTER is eye appeal...and, according to ICCS does NOT play in to a grade....just the facts... WHAT facts? and based on what criteria?
?
HHB
Valued Member
Canada
166 Posts
 Posted 05/06/2009  10:57 pm  Show Profile   Bookmark this reply Add steve kuznicki to your friends list Get a Link to this Reply
If you actually plot a statistical distribution of MS and PL dollars, PCGS and NGC fall almost on top of each other and ICCS is 1-1.5 grade lower (ie 1-1.5 grade tougher)for most years. If the populations are large enough (which I think they are for ICCS and PCGS, marginal for NGC) and you assume the submission to the three services are of roughly equal quality then the average ICCS MS or PL dollar is under-graded by 1-1.5 units compared to the major American services.

Is the ICCS grade bias? I've heard some wonderful comments about Brian and some really awful comments also. I don't know which are true. I worry that the people offering praise always struck me as frightened rather than admiring. But in any event....this (one grader "god" system) would never be tolerated anywhere else I know of besides Canada. It leaves open even to question even the most honest man.
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1cent's Avatar
Canada
1051 Posts
 Posted 05/07/2009  02:37 am  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
I see ICCS as conservative compared to US TPG's. Another thing to think about is that ICCS does not assign a grade higher than 68. By logical reason, this means that as coins get up into the higher grades, some divergence has to occur because ICCS is running a shorter grade scale. There may be things people dislike about ICCS, but they didn't get where they are by doing a poor job, regardless of how they go about doing it (my $.02).

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glenzy1's Avatar
Canada
1554 Posts
 Posted 05/07/2009  08:10 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
WOW, this is a no brainer! An MS-65 has 2 bag marks and an MS-66 has only one!

Glenn
Pillar of the Community
Canada
1248 Posts
 Posted 05/07/2009  11:10 am  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
So Glenn how many does a 67 have? and a 68?
lolo
great replies guys... BUT so far nobody has been able to give a factual answer.
all is just guessing.. right? and, I bel8ieve if Brian has a good and happy day, it will be a 66, because he feels good. thast does affect your actions, if he only has a good day, it will be a 65... just guessing..
God is always right..........
but would love some actual criteria with back up.....
yes, I know grading is subjective.........too bad...
hhb
Edited by hhbkiddo
05/07/2009 11:11 am
Valued Member
United States
324 Posts
 Posted 05/07/2009  1:30 pm  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
The reality with coins is that they do not get bag marks or wear in discrete grades. There is a smooth transition from no wear/bagmarks to heavy wear/bag marks. So, many coins will easily bounce between two grades such as a grade of MS64 or MS65. This is why I would like to see a sub-grade assigned to each side of a coin, and to assign sub-grades in 1/2 increments. That way, if one side is MS65 and the other is MS64.5, the total grade for the coin is MS64.75. The final grade listed for the coin on the holder would be MS64, and in finer print/font, the grade would be listed as MS64.75. This would significantly put to rest this argument of "is it an MS64 or is it MS65". A coin like this would probably trade as a gem MS64 coin, and if it has exceptional luster, then possibly an Ultra Gem coin (which would price it at an MS65 coin). Many collectors are essentially doing this themselves in the market, and this is why you see such a spread in prices within the same grade. Now if collectors can do this, why can't TPG services do the same?
Pillar of the Community
Canada
1248 Posts
 Posted 05/07/2009  4:10 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
Hi
they do this in Europe in some countries...call a coina VF/VF+, meaning one side is better than the other, or -VF/VF+ meaning one side is shy of VF and the other above, but not at the next level.
h
Pillar of the Community
1cent's Avatar
Canada
1051 Posts
 Posted 05/09/2009  5:23 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
IMO, the obverse should carry most of the grade weight. It's fine to describe a coin as VF/EF, but if the obverse is VF, it's a VF coin. Unless the reverse is way out of line with the obverse, it shouldn't factor into the grade much. I believe in the lowest common denominator, not a net grade.

I also don't think TPG's need to quantify micro-grades between MS-64 and MS-65, for example. Part of the art of what we do is selecting the best coin, even when coins are assigned identical grades. The market already does this, so why complicate things by getting TPG's even more involved?
Pillar of the Community
Canada
1248 Posts
 Posted 05/09/2009  5:29 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
1cent..
would you rather hanve an 1877 indian head 1 cent MS 65 or MS 66 ?
i think your anwer answers your own questionbtw, there is an auction coming up , they have one...but only about VF30..
quaetion is, is it real , as there are many fakes around.....?

the european grading system grades both sides and indicates so in the Grade expression.
The larges price differences are usually from 64-66.. It can go astronomically..
HHB
Pillar of the Community
1cent's Avatar
Canada
1051 Posts
 Posted 05/09/2009  9:14 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
HHB your posts confuse me. Like a kid that had a tub of ice cream and and a bunch of chocolate bars, you're all over the place.
Pillar of the Community
Canada
1248 Posts
 Posted 05/09/2009  9:53 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
all has to do with grading Ms65 or 66 , what is the difference..
do not mean to be confusing, just sometimes do not know how to express something the proper way
Sorry, try better in future..
HHB
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