I'm glad you can make a thorough analysis of the coin based on the pic. Maybe PCGS is hiring, you should call.
To interested potential buyers: The coin is accurately graded by NGC. The coin is baggy, the obverse especially, but the photo accentuates the bag marks and the coin looks much better in hand. The luster is simply blazing, not muted like you see with a lot of 62s.
<< <i>I'm glad you can make a thorough analysis of the coin based on the pic. Maybe PCGS is hiring, you should call.
To interested potential buyers: The coin is accurately graded by NGC. The coin is baggy, the obverse especially, but the photo accentuates the bag marks and the coin looks much better in hand. The luster is simply blazing, not muted like you see with a lot of 62s.
-Paul >>
Sure its a technical 62, but lets be honest. You cant move 3 millimeters in any direction without running into a bag mark on the obverse fields. Why buy this coin when a pretty non marked 58 could be had at just above melt? Then again, im sure thats why you are trying to dump this one.
Still a 62 -- The coin has very nice luster an probably looks better in hand when it is not the size of a dinner plate. Calling it a "dog" is a tad harsh -- it is not overgraded.
It's all relative -- my MS-66 Morgans look like turds next to Sunnywood's MS-68s!!
Just acouple of comments... I just measured the image and it is 7 1/2 inches on my current screen and it was 8 1/2" on the screen I saw this coin on earlier in the day. In this instance, the image is so large that bag marks are magnified to the point that one could easily be confused as to what an appropriate grade should be. Lets look at the color and the overall appeal of the coin and reduce it to the actual size and the NGC grade of MS62 is clearly appropriate.
For the record, I use a 15x loupe and I have been critized by dealers and others at shows for doing so... my usual response is I use a 15x loupe because I like to know what I am buying... while my grading methods may be alittle unconventional, it works for me.
Experience the World through Numismatics...it's more than you can imagine.
Geck- just out of curiosisty how many Liberty gold coins do you own? An experienced Liberty gold collector knows that MS62 coins can be pretty baggy but as long as they have original luster the grade fits but I suppose you prefer the MS62 coin with hardly any marks and no luster? That's your choice but I myself would take a baggy ms62 with original luster over a cleaned lusterless one any day.
Why buy this coin when a pretty non marked 58 could be had at just above melt? Then again, im sure thats why you are trying to dump this one
Why? Because an AU 58 is just a hunk of gold. Many buyers like me do prefer a touch of rarity or collectibility in their gold coins. This one was not even 2X melt for a fairly decent early date. I'd much prefer this than an AU. As a 62 the coin is quite saleable. I made the same mistakes with gold in my earlier days when I graded gold coins like silver coins. There was hardly a gem gold coin I didn't grade 63+ at best. Even at the 1983 Eliasberg sale I was 2 pts off consistently on my $10's and $20's. What I was calling MS 64+ to MS67 on the $20 Libs were selling for MS67 money. Counting marks on gold coins isn't the same as counting marks on coins of other metals.
Comments
To interested potential buyers: The coin is accurately graded by NGC. The coin is baggy, the obverse especially, but the photo accentuates the bag marks and the coin looks much better in hand. The luster is simply blazing, not muted like you see with a lot of 62s.
-Paul
<< <i>I'm glad you can make a thorough analysis of the coin based on the pic. Maybe PCGS is hiring, you should call.
To interested potential buyers: The coin is accurately graded by NGC. The coin is baggy, the obverse especially, but the photo accentuates the bag marks and the coin looks much better in hand. The luster is simply blazing, not muted like you see with a lot of 62s.
-Paul >>
Sure its a technical 62, but lets be honest. You cant move 3 millimeters in any direction without running into a bag mark on the obverse fields. Why buy this coin when a pretty non marked 58 could be had at just above melt? Then again, im sure thats why you are trying to dump this one.
<< <i>Ugliest 62 I ever did see.
Still a 62 -- The coin has very nice luster an probably looks better in hand when it is not the size of a dinner plate. Calling it a "dog" is a tad harsh -- it is not overgraded.
It's all relative -- my MS-66 Morgans look like turds next to Sunnywood's MS-68s!!
For the record, I use a 15x loupe and I have been critized by dealers and others at shows for doing so... my usual response is I use a 15x loupe because I like to know what I am buying... while my grading methods may be alittle unconventional, it works for me.
Experience the World through Numismatics...it's more than you can imagine.
<< <i>Ugliest 62 I ever did see.
Geck- just out of curiosisty how many Liberty gold coins do you own? An experienced Liberty gold collector knows that MS62 coins can be pretty baggy but as long as they have original luster the grade fits but I suppose you prefer the MS62 coin with hardly any marks and no luster? That's your choice but I myself would take a baggy ms62 with original luster over a cleaned lusterless one any day.
Why? Because an AU 58 is just a hunk of gold. Many buyers like me do prefer a touch of rarity or collectibility in their gold coins. This one was not even 2X melt for a fairly decent early date. I'd much prefer this than an AU. As a 62 the coin is quite saleable. I made the same mistakes with gold in my earlier days when I graded gold coins like silver coins. There was hardly a gem gold coin I didn't grade 63+ at best. Even at the 1983 Eliasberg sale I was 2 pts off consistently on my $10's and $20's. What I was calling MS 64+ to MS67 on the $20 Libs were selling for MS67 money. Counting marks on gold coins isn't the same as counting marks on coins of other metals.
roadrunner