A 62 should be a no-question uncirculated, since there are two uncirculated grades below it. Some AU58's may have more eye appeal, but I would sooner own a coin with lower eye appeal and no wear, than a coin with higher eye appeal and light wear.
How can the answer be anything other than 62? For the same coin it has to be 62 since that will bring more money on resale. Its the same coin when it returns in a slab as when you sent it in.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>cool spread on the poll - separated by those out to make $ and those out to own nice pieces >>
Pretty sure a "nice piece" in an AU-58 holder is still a "nice piece" in the MS-62 holder. Maybe not as much so as compared to the slab grade, but it's still a "nice piece".
Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!
"If a close price spread, then 62, 58 , 61 and finally 60." So you are saying for the same exact coin you would prefer a lower grade be assigned to it? i dont understand.
The problem with the AU58 grade is that it can be assigned to coins across a wide band of quality. At minimum, I would expect that an AU58 coin would grade MS63 without the wear. But an otherwise MS70 coin with slight wear would also be a candidate for the AU58 grade.
Maybe a grade of AU59 would be appropriate for very high quality coins with slight wear.
How about the same coin at the same price as a 58 with a CAC sticker or a 62 that won't CAC? >>
I would still take the 62.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I can't really answer. I buy coins with eye appeal, not grades.
But I guess I'd opt for the highest grade, what ever than means.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>How can the answer be anything other than 62? For the same coin it has to be 62 since that will bring more money on resale. Its the same coin when it returns in a slab as when you sent it in. >>
I dont know if I agree with this. There is a bigger market in the 58s. First thought on a 62 is, yes its uncirc, but there must be something wrong with it.
It's best to be outside of plastic in those grades. This allows for negotiating room. Since price spread keeps a coin from changing hands, there's little use for plastic in this regard. Agree or disagree, it's what my thoughts are.
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jom
Or as close as possible.
Hoard the keys.
A 62 should be a no-question uncirculated, since there are two uncirculated grades below it. Some AU58's may have more eye appeal, but I would sooner own a coin with lower eye appeal and no wear, than a coin with higher eye appeal and light wear.
My Adolph A. Weinman signature

Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>cool spread on the poll - separated by those out to make $ and those out to own nice pieces >>
Pretty sure a "nice piece" in an AU-58 holder is still a "nice piece" in the MS-62 holder. Maybe not as much so as compared to the slab grade, but it's still a "nice piece".
<< <i>Since I already own the coin, obviously I want it to come back MS62. This poll doesn't make much sense. >>
OK so what if I re did it and said for the same price would you buy a 58 or 62?
How about the same coin at the same price as a 58 with a CAC sticker or a 62 that won't CAC?
<< <i>cool spread on the poll - separated by those out to make $ and those out to own nice pieces >>
Actually, it's the same coin... only with a different number attached.
60 years into this hobby and I'm still working on my Lincoln set!
The coin needs to come back in the right grade for the coin, whatever that is.
I guess the question really is: What grade coin would you want to have?
Although it depends on the coin, in most cases I'd rather have 62 or 58 over 60 or 61.
62 or 58. Can't make an easy choice there.
So, the true coin collector solves the problem by getting both.
Maybe a grade of AU59 would be appropriate for very high quality coins with slight wear.
My Adolph A. Weinman signature

<< <i>I'd rather have the 62.
How about the same coin at the same price as a 58 with a CAC sticker or a 62 that won't CAC? >>
I would still take the 62.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Vote! >>
Not in this case. There's no "I wouldn't entomb the coin" option.
Ed. S.
(EJS)
But I guess I'd opt for the highest grade, what ever than means.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
(unless "not a counterfeit" is important)
1879-O{Rev}: 1st coin of my "secret set"
<< <i>How can the answer be anything other than 62? For the same coin it has to be 62 since that will bring more money on resale. Its the same coin when it returns in a slab as when you sent it in. >>
I dont know if I agree with this. There is a bigger market in the 58s. First thought on a 62 is, yes its uncirc, but there must be something wrong with it.
``https://ebay.us/m/KxolR5