AU58 versus MS65 -- coins with little difference in eye appeal?
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Which coins -- technically graded AU58 -- may have the eye appeal of a gem MS coin?
I would suggest the Panama Pacific $1, and would be curious to hear other thoughts.
I would suggest the Panama Pacific $1, and would be curious to hear other thoughts.
Higashiyama
0
Comments
09/07/2006
I want to respond to several posts in here though:
<< <i>Gold indian 2.5 and 5 dollar coins. >>
Not anymore. Most rubbed Indian gold is mostly in >62 holders now.
<< <i>IMHO, I dont think it should be considered at all, its a matter of personal preference! >>
I totally agree but unfortunately it's NOT happening. The services are not only telling us the technical grade they are now telling us was is eye appealing.
<< <i>Today's AU58 is yesterday's average AU55 at best & I generally see what we used to call XF/AU liners as AU58. >>
Yup. See my response above.
<< <i>An MS-65 coin should have more eye appeal than an AU-58. If it doesn't, I'd question that it is an MS-65. >>
Well, yeah, but it is possible to have a coin so nice but rubbed. It IS possible. But it's a very good chance that coin IS graded MS64 if not MS65 and, hence, ignoring the wear.
The problem here is not the services or anything it's just that QUALITY is not the same thing as GRADE. Grade is supposed to be a description of a coin whereas the quality of the coin is something that not only is personal it's based on other factors than the technical grade.
jom
WSM -- the design is a significant part of the point. For some issues, because of the design, it is very difficult to distinguish slight wear from minor weakness of strike. This is why some coins that may technically grade AU58 appear to be strong mint state coins.
Also, eye-appeal is central to the issue. An AU58 coin with very slight rub but exceptional eye appeal may be confused, even by experts, as a strong mint state coin.
To restate the question in somewhat more concrete terms -- if someone is playing a crack-out game, which coins are most likely to flip between AU58 and MS64 holders. Another example might be walking liberty halves.
You'd be better off looking at specific dates within a series that are known to come weakly struck. However, seems PCGS and NCG use AU58 more for UNC details but lightly cleaned coins these days. Hairlines will keep a coin out of 64, and that's probably where the AU58-MS63 "wheel" comes from.