I could see it as a high end MS63 due mainly to the three bag marks on the reverse (one between the "PL," one on the "R," and the big one across the eagle), plus the small amount of chatter on the obverse.
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Howard: In my opinion the coin appears to be overgraded. There's a very significant commercial impact since this coin is an $800 coin in MS-65 and quadruples to over $3000 in MS-66. So, there's a tempting financial motivation for the owner to resubmit the MS-65 several times to perhaps eventually upgrade to MS-66.
I do personally find it difficult to rationalize how that specific coin (with deep & prominent reverse scratch from eagles neck extending to left) could justifyably qualify for the MS-66 grade
Was it submitted by an individual collector or by a high volume dealer?
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
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Is it my imagination or is the reverse weakly struck? With the exception of the gash on the reverse, the small pics look very nice. BTW, I doubt it would grade so high if the gash were on the obverse!
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i still stand by ms-65, so i think it's overgraded by 1 point.
ms-65 or 66 does NOT mean "perfect". i would expect to see marks on a ms-65, generally confined to the rev. but i agree that the marks appear a bit strong for 66.
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K S
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What is the grade on the holder?
Just kidding, I'm making fun of someone I talked with recently and I really shouldn't kid like that....
I'd say 64 because I'm guessing it has nice luster and a nice original surface.
Dragon, what is your opinion of the grade assigned?
Edited to add... the smaller picture does enhance the look, but still.....
It has been my opinion that eventually all slabbed coins will be overgraded.
Unfortunately, a new "market standard" is evolving that will make the overgrades the "accepted" grades.
Joe.
I do personally find it difficult to rationalize how that specific coin (with deep & prominent reverse scratch from eagles neck extending to left) could justifyably qualify for the MS-66 grade
Was it submitted by an individual collector or by a high volume dealer?
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
No way is that coin is a 66....talk about gifts !
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ms-65 or 66 does NOT mean "perfect". i would expect to see marks on a ms-65, generally confined to the rev. but i agree that the marks appear a bit strong for 66.
K S