What is the highest MS grade PCGS has given for a Washington and Adams dollar so far?

notlogical · August 5, 2007 5:13AM

Inquiring YN minds need to know.

Thanks

fc · August 5, 2007 5:27AM

150212 2007-P George Washington $1 MS67 1 0
150216 2007-D George Washington $1 MS67 1 0
150218 2007-P John Adams $1 MS66 1001 0
150220 2007-D John Adams $1 MS66 906 0

notlogical · August 5, 2007 5:28AM

Thanks!

fc · August 5, 2007 5:28AM

kinda funny when you know these things are brand new from the mint and must be near flawless.. only 66 and 67s?

yet bullion can score a 70?

i do not get it. maybe these coins had poor handling.

notlogical · August 5, 2007 5:32AM

After all the ones my dad and me have looked at out of banks rolls it doesn't surprise me.

ricko · August 5, 2007 5:40AM

The proofs look very good.. have not taken the glass to them yet - but there will be PR70's.... Cheers, RickO

19Lyds · August 5, 2007 5:48AM

<< <i>kinda funny when you know these things are brand new from the mint and must be near flawless.. only 66 and 67s?

yet bullion can score a 70?

i do not get it. maybe these coins had poor handling. >>

Actually, keep in mind that they get twice as much handling as the Sacajawea's given the fact that after minting, they get dumped into another bin and then run through the edge lettering maching befor getting dumped into ballista bags for shipping and packaging.

I am a little surprised that no MS67's have shown up for the Adams dollar though as I always thought the coins were much better than the Washingtons.

rooksmith · August 5, 2007 7:26AM

Dont forget Jefferson and Madison...

I've returned two "US President 51 Coin Proof" sets (2 of two) which had visible (without magnification) defects.

Heres one of them -- The Dark Spots on Madison's Forehead and right cheek are shiny - should be frosted. These are not defects due to handling. These are barely noticable defects in the frosted fields or facets.

I had the problem thing on one of the reverse proof ASE's I got from them (which I unfortunately sent to PCGS unopened - got only MS65).. The bottom line is these are not really errors as much as defects. I guess there are some "error collectors" out there who would like to get their hands on these, just to flip them on ebay. The problem is-- they are not rare, and sadly they are what you can expect. Thats why you should always check any proofs from the Mint carefully and be prepared to return them until you are "100% satisfied".... You'll never get an MS69 with one of these shiny-spots ....

Quality control at the mint is not what it used to be...

FLBuffaloHunter · August 5, 2007 7:36AM

<< <i>

<< <i>kinda funny when you know these things are brand new from the mint and must be near flawless.. only 66 and 67s?

yet bullion can score a 70?

i do not get it. maybe these coins had poor handling. >>

Actually, keep in mind that they get twice as much handling as the Sacajawea's given the fact that after minting, they get dumped into another bin and then run through the edge lettering maching befor getting dumped into ballista bags for shipping and packaging.

I am a little surprised that no MS67's have shown up for the Adams dollar though as I always thought the coins were much better than the Washingtons. >>

My therory on why the Adams dollars overall grade less than Washington dollars is the Adams dollar has smaller devices on the Obverse leaving fields that scuff easier more exposed to contact marks from other coins. The Jefferson dollar obverse will be similar to the Adams dollar. The Madison dollars will be more like the Washington dollars with larger devices on the Obverse:

wondercoin · August 5, 2007 9:59AM

The most expensive (and highest graded) Washington high grade Dollar coins thus far graded are (2) PCGS-MS67 Rimless specimens which I believe the price guide shows at $7,500/coin. The quality of these rimless pieces also surpasses a number of similar graded (non-error) specimens by a wide margin IMHO.

Wondercoin

OPA · August 5, 2007 10:28AM

FDI GW $1 ..# 148105 ......P.... ms67 .... 10
FDI GW $1 ..# 148106 ......D.... MS67 .... 2
George Washington Missing Edge Lettering #149317 .... MS67 ..2

A total of 18 MS67 for the GW's from 15 different coin #'s out of a total of 51,000 graded by PCGS....

"worth their weight in Rhodium"

pf70collector · August 5, 2007 7:59PM

The Delaware and New Jersey State Quarter was rare in 67 once and prices have fallen dramatically in that grade. Whether the Washington will be the same is anybody's guess. Give it 10 years. It will be interesting to see if these hold up.

rooksmith · August 7, 2007 1:30AM

I think that each coin has a novelty factor for a while. Overminting of coins such as the states and presidents early in the series will lead to less demand later for the fist sets. By the time they get to Millard Filmore, many people will be getting bored of the presidents. However, high grade complete sets will get a premium later on.

Theres a bit of speculation built into the prices, but there is only so much capital to go around. Add to that the fact that many coin collectors are getting older - myself included. How high will prices go when people need to sell their beloved collections to pay the bills? And will new collectors pick up the slack? How much interest will there be in something that has a mintage of 600 million, when 90% of them are hoarded?

Thats why I believe the "value" coins are not the high flyers of today. Some coin will suddenly get noticed 20 or 30 years down the line due to scarcity, and reasons beyond our comprehension...

What is the highest MS grade PCGS has given for a Washington and Adams dollar so far?

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