Grade My Saint ( Grade Revealed )

coltgus

What's your opinion ?

Freak1c

Umm...MS65 or 66 is my guess

Tom

MikeInFL

Pics too small. I'll guess 65, but just as easily could have rub and be a nice AU...Mike

MORGANHUNTER2

That is one sweet saint- guru could tell ya it is nice.

I would have to say a solid 65.

coinguy1

I'm going to guess MS63.

Perhaps it's just the image, but the coin looks to have quite a bit of "cabinet/stacking friction" on Liberty's leg, thigh and breasts. Additionally, the 1911-P Saint is very scarce in grades above MS64 - PCGS has certified only 34 MS65's and 9 MS66's. So, just based upon the odds, it's a long shot at the MS65 or above level.

coltgus

It is MS64.
The point of this was that if this was a common date it would very likely grade MS65.
PCGS seems to grade much tougher when the next step up is big bucks.
I had a PCGS MS64 1926-S Saint a few years ago that dealers bid up to $10,300 in an auction obviously convinced that it would go to MS65, but I'd already tried that. At that time a 1926-S Saint PCGS MS64 was worth about $3800.
( In case anyone wants to check it was a Heritage auction ).

Nocerino18

I would have thought MS65 for sure.

Freak1c

The point of this was that if this was a common date it would very likely grade MS65

So am I to understand that the year of the coin has more to do with it's grade than the condition of the coin itself ????

Tom

coltgus

<< <i>The point of this was that if this was a common date it would very likely grade MS65

So am I to understand that the year of the coin has more to do with it's grade than the condition of the coin itself ????

Tom >>



Tom, I'm afraid that's right. Look at !908NM, 1924, 1927, 1928 Saints in MS64. I promise you will never see one that looks like that 1911.

Blade

Tom,
Yes, the grading gets progressively tougher for rare dates and low pops. My theory is because of the risk of the PCGS grade guarantee. If they push over a border coin and later it doesn't stack up, it could cost them big $$$ under the guarantee.

jpkinla

Value grading is a factor when submitting coins to NGC or PCGS....They are very aware of the values and in many instances base their grade on the valuation.....

Freak1c

Tom, I'm afraid that's right. Look at !908NM, 1924, 1927, 1928 Saints in MS64. I promise you will never see one that looks like that 1911.

I know. I own them all in a 64 grade and in my hand they look worse than your picture (from what I can see). That is why, judging from the picture, I gave it a 65 or 66. Wow ! How many coins of tougher grade have received this type of grading curve that you know of ? Why ???
Tom

messydesk

<< <i>Value grading is a factor when submitting coins to NGC or PCGS....They are very aware of the values and in many instances base their grade on the valuation..... >>


The ironic thing is that by grading that coin MS64, they just pushed the value of MS65 coins up even higher. Lather, rinse, repeat, and the risk born by PCGS to grade a 1911 $20 Saint MS65 grows to the point that grading a coin MS65 based on its technical merits becomes less and less likely. Bammo...grade deflation. Your typical 1925 in MS64 looks like it's done one lap in the garbage disposal by comparison.

TwoSides2aCoin

aha, there are some sharp tacks here ... I kind of wondered why the tough grades on rarer dates. I have a few $5 dollar gold coins that I just know were better than the grade but came back MS61....
a 1916 S is one of them in a PCGS slab. Reality sets in ! So it becomes a little more political as the coin gets shinier with lower pops.... I GET IT NOW

Nice coin, coltgus !

Well said, John (messydesk)

also....if Justice was blind, we would never get our coins graded ... that means Injustice has 20/20 vision