Cam-Slam 2-6-04 3 "DAMMIT BOYS" 4 "YOU SUCKS" Numerous POTD (But NONE officially recognized) Seated Halves are my specialty ! Seated Half set by date/mm COMPLETE ! Seated Half set by WB# - 289 down / 31 to go !!!!! (1) "Smoebody smack him" from CornCobWipe ! IN MEMORY OF THE CUOF
I am fairly certain that if this or any other Redfield-holdered coin were presented to PCGS for grading in the redfield holder, they would put the Redfield pedigree on the PCGS holder.
I am all but certain that this coin would NOT grade MS65, as virtually none of them have. That said, however, there is no denying that this is a great keepsake from one of the most famous chapters in Morgan dollar history.
My grading skills are FAR from good but I agree that most of the Redfields I see look a grade or 2 off by current standards. I read somewhere that they were holdered either MS60 or MS65 is this the case? Never the less this one caught my eye........
<< <i>Is there any chance Redfields being graded in the original holders like the GSA's are by that "other" grading company? >>
Nope, at least not yet. I have a Redfield 1924-S toned Peace that I tried to have them grade in the original Paramount holder but they said no. The might in the future though. Both PCGS & NGC will add the pedigree to the slab though.
<< <i>My grading skills are FAR from good but I agree that most of the Redfields I see look a grade or 2 off by current standards. I read somewhere that they were holdered either MS60 or MS65 is this the case?
<< <i>
One thing you have to remember is that at the time the Redfield coins were marketed, the Mint State grading system as we know it today did not exist. In fact Paramount was about the only firm using the system. (The ANA would not adopt it as the official grading system for another two years.) One more thing is that the Mint State grading system at that time, and in fact until 1980 only had three grade of Mint State, MS-60, MS-65, and MS-70 which was never used, being a theoretical state of perfection. So in actual practice there were only two Mint State grades possible, so if a coin was clearly better than a 60 it had to be a 65. (Also remember that 60 under this scale did not mean the same thing as it does today. It would encompass all coins that today would range from MS-60 through MS 63.)
Paramount originally marketed the Redfield with three grade levels Black holders with no grade on the holder, Black holders with MS-60, and Red holders with MS-65. A little late they added a Green holder with coins the felt were just too nice to call MS-65. these cary a grade of MS-65 plus.
Towards the end of the promotion, after the ANA had added the MS-63 and 67 grades, Paramount began using those grades as well. Rather than have new holders made though they simply used embossed labling tape to cover the grades on existing holder inserts before the were sealed in the outer holder. The MS-63's used blue labling tape on the black MS-60 inserts, and the MS-67's used red tape on red MS-65 inserts.
<< <i>Both PCGS & NGC will add the pedigree to the slab though. >>
And instantly it becomes just another slabbed Morgan, just like putting "GSA" on a TPC slab. There's a niche of Redfield collectors, of which I consider myself one, who want them in the original Paramount holder. That 91 is a beauty...but not at that price...
"Towards the end of the promotion, after the ANA had added the MS-63 and 67 grades, Paramount began using those grades as well. Rather than have new holders made though they simply used embossed labling tape to cover the grades on existing holder inserts before the were sealed in the outer holder. The MS-63's used blue labling tape on the black MS-60 inserts, and the MS-67's used red tape on red MS-65 inserts. "
Now that I have never seen...wonder how many of those are still out there...
wow cool. I have never seen one with the taped grade before.If I hadnt seen it here I might think there was some monkey business going on.Thanks condor and paigow and everyone else. The linked redfield is just too risky to me I much rather stumble on that one in a coin shop where I could touch and feel it and drool on it before shelling out the big bucks for it!
Although I have no reason to doubt the seller's honesty, I am suspicious about this coin. Every other 91 Redfield dollar I've seen is an S mint coin. His hoard was predominantly S mints. The picture is too small and toning too dark to see if there is a mintmark. The 91 P in MS65 is a $5000+ coin. Being such a new seller, it would seem a bit risky bidding on this coin.
Comments
you should ask in Q&A - homerunhall always likes ideas that help their bottom line
3 "DAMMIT BOYS"
4 "YOU SUCKS"
Numerous POTD (But NONE officially recognized)
Seated Halves are my specialty !
Seated Half set by date/mm COMPLETE !
Seated Half set by WB# - 289 down / 31 to go !!!!!
(1) "Smoebody smack him" from CornCobWipe !
IN MEMORY OF THE CUOF
I am all but certain that this coin would NOT grade MS65, as virtually none of them have. That said, however, there is no denying that this is a great keepsake from one of the most famous chapters in Morgan dollar history.
I read somewhere that they were holdered either MS60 or MS65 is this the case?
Never the less this one caught my eye........
<< <i>Is there any chance Redfields being graded in the original holders like the GSA's are by that "other" grading company? >>
Nope, at least not yet. I have a Redfield 1924-S toned Peace that I tried to have them grade in the original Paramount holder but they said no. The might in the future though. Both PCGS & NGC will add the pedigree to the slab though.
Michael
<< <i>My grading skills are FAR from good but I agree that most of the Redfields I see look a grade or 2 off by current standards.
I read somewhere that they were holdered either MS60 or MS65 is this the case?
<< <i>
One thing you have to remember is that at the time the Redfield coins were marketed, the Mint State grading system as we know it today did not exist. In fact Paramount was about the only firm using the system. (The ANA would not adopt it as the official grading system for another two years.) One more thing is that the Mint State grading system at that time, and in fact until 1980 only had three grade of Mint State, MS-60, MS-65, and MS-70 which was never used, being a theoretical state of perfection. So in actual practice there were only two Mint State grades possible, so if a coin was clearly better than a 60 it had to be a 65. (Also remember that 60 under this scale did not mean the same thing as it does today. It would encompass all coins that today would range from MS-60 through MS 63.)
Paramount originally marketed the Redfield with three grade levels Black holders with no grade on the holder, Black holders with MS-60, and Red holders with MS-65. A little late they added a Green holder with coins the felt were just too nice to call MS-65. these cary a grade of MS-65 plus.
Towards the end of the promotion, after the ANA had added the MS-63 and 67 grades, Paramount began using those grades as well. Rather than have new holders made though they simply used embossed labling tape to cover the grades on existing holder inserts before the were sealed in the outer holder. The MS-63's used blue labling tape on the black MS-60 inserts, and the MS-67's used red tape on red MS-65 inserts.
<< <i>Both PCGS & NGC will add the pedigree to the slab though. >>
And instantly it becomes just another slabbed Morgan, just like putting "GSA" on a TPC slab. There's a niche of Redfield collectors, of which I consider myself one, who want them in the original Paramount holder.
That 91 is a beauty...but not at that price...
Now that I have never seen...wonder how many of those are still out there...
The linked redfield is just too risky to me I much rather stumble on that one in a coin shop where I could touch and feel it and drool on it before shelling out the big bucks for it!