L@@K!!! An actual TPG graded MS-60!

ElmerFusterpuck · September 29, 2007 1:49AM

I know there was athread about this a few days ago, but here's a recently graded MS-60 coin.

1880-S MS-60 Morgan

Looks better than a 60 based in the picture, not that it really matters in the price.

pcgs69 · September 29, 2007 2:01AM

There's a huge scratch on the cheek partially covered by the toning...

LonerAnger · September 29, 2007 2:53AM

<< <i>There's a huge scratch on the cheek partially covered by the toning... >>

That is IMPACT toning.

fc · September 29, 2007 3:05AM

why is it i look at that morgan and think how in the heck did it
get a MS grade? lol.

i have seen morgans come out of a tubes nicer then that.

is it a key date or something? i highly doubt it....

Coxe · September 29, 2007 3:25AM

<< <i>why is it i look at that morgan and think how in the heck did it
get a MS grade? lol.

i have seen morgans come out of a tubes nicer then that.

is it a key date or something? i highly doubt it.... >>

If there is no wear and it is gradeable, why should it not get an MS grade? That's what MS means, uncirculated. If there was a scratch that should BB it, that's another thing. MS60 is uncirculated with awful eye appeal generally from some really bad contact marks in the prime focal areas.

With the glut of extremely attractive specimens of that date, I am not sure why that is in plastic and, further, at Teletrade. The price something like that fetches routinely raw on eBay surely exceeds the costs of certifying.

fc · September 29, 2007 3:27AM

the scratch accross liberty's face is a BB in my book.
morgans are too common to even tolerate crap like that.

let me look again!

yer, BB. i would not want it. i would say it is scratched.

so it must be a key date in order to get slabbed right? ;-)

Coxe · September 29, 2007 3:49AM

I tend to agree on that partcular scratch. It looks like it was mishandled and not some incidental bagmark.

Rare coins with some problems can get slabbed by any of the TPGs. It is a matter of market acceptability and not something terribly difficult to live with. After all, we are buying coins, not holders. Right?

fc · September 29, 2007 3:51AM

After all, we are buying coins, not holders. Right?

right! but since i collect a series that has fakes/counterfeits/etc...
i want a bit more protection (read expert advice)..

in other words, i want that slab to be very accurate with a traditional
old school grade.

not a pity grade. er maket acceptable.

anacs knew how to handle market acceptable in my book with their
old net slabs.

Coxe · September 29, 2007 3:59AM

I am a purist too. I don't like variability in grading based on date. Hate the very idea of including strike in a grade. And IMHO am disgusted by the fact that 90% (a hipshot number) of the slabbed coins out there should never have been slabbed. Not talking about problem coins either. Certification is good for authentication and grading seriously priced coins where an independent assessment is a good idea. The commoditization of widgets is an unfortunate reality that was there from near the beginning and is the dominant part of the the industry now. But hey, rare coins are rare and businesses slabbing coins would be rare too if they tried to keep running on that low fuel.

Connecticoin · September 29, 2007 4:05AM

After the fees, the consignor will likely pocket 10 bucks!!

robkool · September 29, 2007 4:17AM

It's rare for any TPG to grade a coin MS 60...

L@@K!!! An actual TPG graded MS-60!

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