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1894 o Morgan dollar xf45 details
Matthew21
Posts: 136 ✭✭✭
Was wondering if y’all think the grade looks correct it has been highly polished.
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Matthew21
Posts: 136 ✭✭✭
Matthew21
Posts: 136 ✭✭✭
Matthew21
Posts: 136 ✭✭✭
Comments
XF45 details, polished ... net PASS!
As far as the details part, yes, 45 looks accurate. But that’s a somewhat minor consideration relative to the polishing.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
It's terminal when a coin is mistreated like that.
It should be criminal too.
peacockcoins
Yep... While the grade may be stated, it is superfluous due to the polishing. Cheers, RickO
yeah... hard pass!!
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It looks "net graded" to me.
That is an ugly coin!!! Yikes.
45 details is correct though
How so?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Less wear than an XF. I have seen and owned several coins where this (appeared to have) happened. None of these are/'were US though.
As one example, I used to own a 1769 Bolivia pillar 8R that had no visible wear but was corroded and in an NCS holder as XF details.
I have always assumed (but don't actually know) that NGC did this due to market grading. I'm not as sure about other TPG as I have not seen the coins in person.
Thank you.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I don't understand why they would even slab a polished coin?
"When they can't find anything wrong with you, they create it!"
For some, authentication is the driving motivator. The damage to the coin is noted on the holder...
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A good rock tumbler will take that polish right off. :-(
These heavily polished coins are probably a little weird to grade for TPGs. XF45 or AU50 details seems right. A Morgan is a Morgan, still cool to have imo if the price was right.
The thing is the main difference between AU and XF is mint surface/luster remaining. Obviously a 40 will have rub/loss where a 58 just has surface loss/rub. But a choice 45 is really just an AU53 with less % of surfaces with luster as a 53 is to a 55. That may have higher detail but it has 0% original mint bloom or surfaces intact which defaults it to XF by most standards.
11.5$ Southern Dollars, The little “Big Easy” set