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the grade MS62?

darktonedarktone Posts: 8,437 ✭✭✭
These are my thought's on common certified gold coinage but I think the same is true with some other series. In my opinion there are two distinct types of coins that make the grade of MS62. #1 is the coin with original luster but just too marked up to make it to the grade of MS63. #2 is the coin that looks much better as far as marks go but the luster is just not there because of the light cleaning that removed the luster or hurt it bad enough to limit the grade to MS62 with no chance of getting a grade of 63. In my experience both types are found in the market place equally. Which do you prefer? There is no wrong answer because it is all personal preference but I prefer coin #1 because I think nothing beats original luster. I often see collectors with coin#2 thinking they have a PQ coin because it lacks marks and that they think have a good shot at a 63 but really have no better chance at that grade than coin #1. Let me hear your thoughts on this grade and what it takes to get it. In most of the gold series the grade jump from a 62 to 63 is a big one price wise and in quality. mike image

Comments

  • ms71ms71 Posts: 1,546 ✭✭✭✭✭
    I have to agree, plus there is the "middle ground" coin with moderate marks and original luster but not enough of it. In the Liberty series, it seems like about 75% of the MS stuff in dealers' cases at shows are 62s - frustrating for me because my interest starts with the high-end 63s.
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  • darktonedarktone Posts: 8,437 ✭✭✭
    ms71, yes the ms62's far out number the 63's and this is reflected in the prices. I know what you mean about the appeal of ms63 and up gold coins! Although I still love the luster seen in original au coins! mike
    image
  • If I had a choice between a lustrous coin with quite a few bag marks, or a dull coin with clean surfaces, I'd take the one with the luster. It probably would be a better looking coin.

    I've also seen MS62 coins with nice luster and clean surfaces that were weakly struck. This kind of coin doesn't appeal to me either. So I guess I'd want brilliant luster and a good strike, with the number of contact marks being less important.

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