It's a close call. It could be an AU58 or a low MS grade. If you get it, can we get better pics?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Just as an aside: an MS60 is the worst grade an uncirculated coin can get, right? So one which has no wear per se but is beat to hell with contact marks, etc.
Whereas an AU58 shows the tiniest traces of wear but is otherwise an exemplary coin, devoid of irritating issues. Right? Because what I'm driving at is why MS60 coins are almost invariably valued higher than AU58s in the PCGS charts.
I'd rather have the AU58 than the MS60, or 61 usually. Thoughts?
If I had to judge this coin based on these pics, I’d have to say AU. As @Smudge has already mentioned the reverse looks better than the obverse and I agree with him 100%. It’s impossible to get close to a true (Guess the grade) with the scanner pics.
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@GiveMeProof said:
What's going on behind the eagle's head?
Looks like field scuffing which is typical for this series. The Indian gold $2.5 and $5 are the only US coin designs that I'm aware of that doesn't have a raised rim or other design element around the edge so the fields have no protection when these coins are laying on a flat surface.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I was upset when it rubbed a little against a Morgan dollar, not sure if that was enough to bring it from Unc. to AU. I think I'm seeing a little abrasion, probably no incentive to get it graded. Some rare coins have a huge AU/Unc spread.
I tried to take a couple pictures on this with my digital camera with that I was not too happy with so did not share.
One thing I noticed, what looked like "wear" on the reverse and the eagle wings was present on most all Uncs I saw on the PCGS coinfacts site. I sent it in to get graded.
AU. The mint frost is broken on the high points, but the slab grade could be low MS.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
I prefer AU58 on any coin because of the registry set and also because AU58 coins seem to be nicer coins with only a little wear and easier to sell when the time comes. Most MS60 coins at least Morgan dollars seem to be all scratched up or nicked up or just plain unattractive coins. However, I am not familiar with grading gold coins, so my opinion may not mean anything. MS60-MS62 are usually dog grades that no one wants and are hard to sell unless rare at least in the case of Morgan dollars.
To make things in interesting I suggest that both NGC and PCGS start using AU59 as a grade.
I think the OP's coin is likely AU. As far as 58 vs 60/61 coins... it depends. Low MS coins that are really "baggy" with lots of contact marks dont appeal to me, especially Morgan Dollars. I'd much prefer a 58 with few contact marks and just good honest rub.
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
To me, the $2½ and $5 Indian gold pieces are by far the hardest coins to grade from photos, particularly for the MS specimens. The degree of luster present is so important & so hard to get right from a photo.
These pictures are tough. Looks like possibly a lot of field chatter and on the head/obverse... If it's not as much chatter as these pics look, low ms but otherwise I'd guess au. Can't tell luster either, altho it seems to be there and that can help.
Since you said you submittes it, let us know how it goes!! Hopefully you get TV and give us another go at it!
AstroJoe beat me to it.
He's not wrong... you the buyer or the seller
Some people here with get that humor.
Slight price difference, nothing paying spot would fix.
I'd run with AU
But it does look UNC
Non of what I wrote really helps.
Comments
Looks like a scanner picture. Hard to tell with those pictures.
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Agree, but from/ what I can see reverse looks unc. And obverse looks AU, and obverse rules.
If in doubt ... AU.
It's a close call. It could be an AU58 or a low MS grade. If you get it, can we get better pics?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I agree with @PerryHall ... Really close... need better pictures to opine conclusively (well, as conclusive as grading gets
) Cheers, RickO
Just as an aside: an MS60 is the worst grade an uncirculated coin can get, right? So one which has no wear per se but is beat to hell with contact marks, etc.
Whereas an AU58 shows the tiniest traces of wear but is otherwise an exemplary coin, devoid of irritating issues. Right? Because what I'm driving at is why MS60 coins are almost invariably valued higher than AU58s in the PCGS charts.
I'd rather have the AU58 than the MS60, or 61 usually. Thoughts?
Tough to say with scanner pictures, but I’ll say ms62
MS62
If I had to judge this coin based on these pics, I’d have to say AU. As @Smudge has already mentioned the reverse looks better than the obverse and I agree with him 100%. It’s impossible to get close to a true (Guess the grade) with the scanner pics.
What's going on behind the eagle's head?
Looks like field scuffing which is typical for this series. The Indian gold $2.5 and $5 are the only US coin designs that I'm aware of that doesn't have a raised rim or other design element around the edge so the fields have no protection when these coins are laying on a flat surface.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I was upset when it rubbed a little against a Morgan dollar, not sure if that was enough to bring it from Unc. to AU. I think I'm seeing a little abrasion, probably no incentive to get it graded. Some rare coins have a huge AU/Unc spread.
I tried to take a couple pictures on this with my digital camera with that I was not too happy with so did not share.
One thing I noticed, what looked like "wear" on the reverse and the eagle wings was present on most all Uncs I saw on the PCGS coinfacts site. I sent it in to get graded.
AU. The mint frost is broken on the high points, but the slab grade could be low MS.
The other question, if you owned this coin, would you prefer it in an AU58 slab or MS60?
I prefer AU58 on any coin because of the registry set and also because AU58 coins seem to be nicer coins with only a little wear and easier to sell when the time comes. Most MS60 coins at least Morgan dollars seem to be all scratched up or nicked up or just plain unattractive coins. However, I am not familiar with grading gold coins, so my opinion may not mean anything. MS60-MS62 are usually dog grades that no one wants and are hard to sell unless rare at least in the case of Morgan dollars.
To make things in interesting I suggest that both NGC and PCGS start using AU59 as a grade.
I think the OP's coin is likely AU. As far as 58 vs 60/61 coins... it depends. Low MS coins that are really "baggy" with lots of contact marks dont appeal to me, especially Morgan Dollars. I'd much prefer a 58 with few contact marks and just good honest rub.
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ICG just graded the coin MS61. They are turning submissions around quickly now after raising their prices a few dollars.
It's an AU if you're buying, UNC if you're selling.
Sorry, but I heard that many years ago
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To me, the $2½ and $5 Indian gold pieces are by far the hardest coins to grade from photos, particularly for the MS specimens. The degree of luster present is so important & so hard to get right from a photo.
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These pictures are tough. Looks like possibly a lot of field chatter and on the head/obverse... If it's not as much chatter as these pics look, low ms but otherwise I'd guess au. Can't tell luster either, altho it seems to be there and that can help.
Since you said you submittes it, let us know how it goes!! Hopefully you get TV and give us another go at it!
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Unc
AU62
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I'd always recommend checking out the Coinfacts pictures to see how the premier grading service sees individual grades.
I'm curious, if you get a True view does it automatically get uploaded on to Coinfacts if it straight grades?
AstroJoe beat me to it.
He's not wrong... you the buyer or the seller
Some people here with get that humor.
Slight price difference, nothing paying spot would fix.
I'd run with AU
But it does look UNC
Non of what I wrote really helps.