2004 MS69 Silver eagles

icollect

Anything wrong with this silver eagle?








Nothing wrong? Let's take a closer look.


Note: Not the light cut that I'm talking about, it's the deep cut on the wing.



Just did a calculation about the percentage of the MS69 silver eagles over the years that graded by PCGS. And here's the result,

1986 - 71.66%
1987 - 78.60%
1988 - 83.11%
1989 - 60.38%
1990 - 79.96%
1991 - 71.13%
1992 - 80.38%
1993 - 58.12%
1994 - 48.71%
1995 - 77.43%
1996 - 66.70%
1997 - 68.95%
1998 - 64.97%
1999 - 55.63%
2000 - 61.42%
2001 - 84.60%
2002 - 78.99%
2003 - 88.04%
2004 - 99.32%

So, I'll let you to figure out the rest.

TheNumish

The coin is a 69 and not a 70 so it doesn't have to be perfect. At least the coin doesn't have any spots.

The reason why the percentages are so high is that most people that grade silver eagles use the bulk grading tier. You can instruct PCGS to just grade the MS-69 grades and return the rest ungraded. This system hasn't always been around so the earlier dates have a lower percentage of 69 coins then the current dates.

icollect

<< <i>The reason why the percentages are so high is that most people that grade silver eagles use the bulk grading tier. You can instruct PCGS to just grade the MS-69 grades and return the rest ungraded. >>


Just learned something new today.


But still, what I'm trying to say is no matter is the modern junk or the ancient rarity, they should be treated the same when it comes to grading. And I bet you won't see this imprudent grading on a Flowing Hair Dollar.

But if everybody agrees that's a ms69, then never mind, maybe I'm just too conservative.

coynclecter

It is my contention that many modern coins that grade 68 and 69 wouldn't make it past 67 if they were classics. A Morgan Dollar has to be near perfect to get a 67. If the same coin was a 2004 Silver Eagle it would be a hands down 69. If that eagle you just showed was a Morgan in a 68 holder there would be no end to the cries of overgrading.

A Peace Dollar, which is intended to be a soft strike needs to be practically mark free just to get to 66.

mhammerman

I received my prf ase a couple of months back and the strike was very noticable. Extreemly clean coin and very well struck (as they should be) but it was so nicely done that the shield reflected purple. It would not be suprising to find a lot of 69's/maybe some 70's...a perfect coin!

Craton

<< <i>The coin is a 69 and not a 70 so it doesn't have to be perfect. At least the coin doesn't have any spots. >>



I'd rather have a coin with spots then with deep gouges like this SAE has.