And finally I submit what I did not know but apparently everyone else did, is that coins are graded "on a curve" - which is BS IMHO but what do I know. All are MS65.
While interesting, that did not help. In 1976 there was a: 1. Mint set - 12 coin 2. Mint set - silver - 3 coin 3. Proof set - 6 coin So the questions stands...
There are 3 main types of Ike dollars for 1976 -S: Clad Proof (from proof set): two major varieties 40% Silver Proof (comes in the the 3 coin Bicentennial silver proof set, with a quarter and a half dollar.) 40% Silver Brilliant Uncirculated
OK I tried. Any further discussion of this matter will take place in the Great Moran thread, where all good threads go to die.
very interesting opinions on the coin. As to the OP's question about this coin, I have to disagree with cladking. I advise you to look at the fields in the OPs coin, then look at the PCGS MS-65 coin, and then look at the OPs coin again. Not only are the field disturbances way too distracting, they are far too plentiful for an MS-65 grade. I think far too often people are so busy looking at the devices that they overlook the fields. I also think that the contact marks on Ike are too many and this coin could have luster breaks under those scratches not being shown in the photograph, but that requires an in-hand examination. To your attitude of "I only spent $4, I couldn't have lost too much" is commendable. You bought a coin and are now learning about grading it. That alone is worth the $4, and you still have the coin. So, in a long winded answer to your question, I think you did well.