Why is this half an MS61?

Can anyone offer any insight on why this coin is an MS 61. I just puchased it and it sure looks like it should be graded higher to me.
The reverse has a die clash but that really should should not effect the grading. Any thoughts from anyone?

Thanks,
Mike

 

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That looks really nice to my eye (based on the photo at least).

I don't have any experience detecting these, but is it possible it's a counterfeit? It almost looks like it was just minted. I do not see any tell tales signs of it being counterfeit though.

If it's genuine, I would have guessed it's an MS64 at least.

The only other option I can think of is maybe it's a borderline improperly cleaned coin, and NGC let it squeak through due to it's age, but they downgraded it.

I am just guessing here. I will let the experts chime in on this one.

(It does look like, to me at least, you might have gotten a bargain here!)

 

I agree I see an MS-64 or higher. The luster looks to be amazing on it.

 

Gorgeous coin. Looks like luster is very original to me. Dipping might have happened somewhere down the line, but I think it is certainly worthy of a higher grade. Reverse looks weaker than obverse. That's an older NGC slab... I wonder if a crackout would give it an upgrade.

 

Mike, if you re-submit it ... let us know what it grades. I would be interested to see that.

 

The light angle makes it hard to detect flaws, the reverse shows some major marks and some discoloration at the arrow tips, possibly rust. The obverse appears to have a significant mark on the jaw, so with a different light angle it would be easier to determine candidacy for resubmission.

 

That coin is truly magnificent if indeed it is not a counterfeit. I see judging by the picture's a MS-63 easy or higher. I wish my 1809 coin looked as good as your's. Can you show picture's of the edge of the coin?

 

Can you share the reason that in your opinion that it's an AU58, what are we missing that you obiviously see

 

Thank you and everyone for your responses. Here are some closeups of the coin

 

I am not as good as Doug, and would to need to see it in hand. He very well could be right, just a touch of rub on the hairline and wing tips is very possible. Also, this coin has certainly been dipped in my eyes. While they "overlook" that frequently with older US coins, it would still be a cause for a net downgrade.

I have always said I love the old AU58's and thought US grading is silly. I love your coin man, and would love to own it myself. It is almost a full strike. I am not trying to bash the coin, just throw out a couple of reasons why a 61 is not out of range of possibility for the coin.

 

My guess is dippity-do-dah, in other words, market graded 63 down to 61 for being a clearly dipped coin, but not enough dipping to bag the coin.

 

Leadfoot's gut says: Silent net grade for being overdipped.

 

I was thinking the luster looked a little dipped out as well.

 

I think I'm on the same page. Just a hint of wear with a lot of eye appeal...so they bumped it a bit.

 

Here?

 

I see it there and also on the hair below the "B."

 

Between 1 & 2 o'clock. I added a circle there, but I'll be darned if it got saved. Good eye.

 

+1