Just picked up this one. How is it NOT MS 65 PL?

Yesterday, I was going to write that IMO it is not worth the monetary risk. I kept quiet (for once ).

Since your dealer is involved, good for you, that is a great price (free). Let us see it w/ the bean. Although it is a nice frosty PL, the coin won't get one from me as IMO it is closer to a 63+ or 64- that CAC should not "back." Again, just my opinion.
Gook Luck - fingers crossed for you.

 

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Meaning no offense, I'd want far higher-resolution images to make the 64-65 determination for this one. Frosty pieces like this coin are the most deceptive of all numismatic photographic subjects, because frost breaks appear all out of proportion to their actual in-hand effect on the righteous grade. Either way, IMO you want the Bean more than the upgrade. Bidiots pay Gold bean prices for Green ones.

 

I consider it accurately graded as is, but I'd be the first to admit that I'm not up to date on Morgan grading standards these days if in fact they have changed.

 

I know--- it is a tough call, and no offense taken. PL coins are hard to grade from pictures, due to the aforementioned frost breaks, reflective appearance, and die polish marks that cause the PL designation in the first place. My decision is to leave it in the OGH, and get the bean-- it will be submitted by my friend next week for free. He sent a friend at CAC the jpegs already, and I am told it will be green beaning.

 

QUOTE="Morgandude11, post: 2352785, member: 37839"]He sent a friend at CAC the jpegs already, and I am told it will be green beaning.[/QUOTE]

Congratulations! Best part of this: CAC (Mark Albanese) and every professional grader I know will tell you they cannot grade a coin using a photo. You should be very pleased that your dealer was able to get a preliminary opinion! That cannot be beat!

 

Unless you're going to sell it, why bother with the bean? You can see for yourself the quality of strike; you don't need someone's overpriced sticker to prove it.

 

Because it is free-- my local dealer is doing the submission gratis, as I have been a frequent flyer with him.

 

There's no reason if it's free not to try for the sticker.

 

It is attractive, sure - but I also think it is accurately graded. Just because it is in an old holder doesn't mean that it is undergraded.

There are too many hits in the obverse field, and way too many hits on the face and neck, for it to be a 65. It'll probably get a green bean, because it is an accurately graded and PQ 64 - but I do not think (from your pictures) that it is a 65.

 

Free always does it.

 

A little rough on the neck...

 

Not exactly. The magic of photography. Coin looks nicer in hand.

 

It did get a green bean--and the comment from my friend who submitted it said "under graded--a 65 to 65+ easily." He is a very experienced pro. Just a matter of opinion. lol

 

How much does CAC charge to look at a coin (I presume you pay regardless of whether or not it stickers) ?

That's a great coin, MD....is that toning I see on parts of the obverse and reverse rims ? I have an 1879-S MS67 CAC but no PL/DMPL.

That is a very early holder and I do see the term "OGH" used to refer to that one and a few others. However, I saw a detailed listing of all the holders used from inception by PCGS (and maybe NGC) on some other message board. I believe the one you have (and my 1879-S, too) is the 4th or 5th generation "OGH" so not the original original. Those 2 versions used from 1990-98.

 

BTW, I agree with some other posters: I'd rather have that coin in the "OGH" as MS64 with CAC than in a new holder as MS65. Maybe even MS66.

 

I like the coin , but I have trouble believing CAC would give any sticker to a coin it hasn't seen , especially a common date with less than adequate pics . Could it be your dealer friend just thinks it will CAC and told you what you want to hear . If CAC actually stickered a coin without seeing it , CAC would lose all credibility and I don't think JA is willing to do that . JMHO .

 

I may have missed something, but my understanding was MD was giving it to his LCS friend who is then submitting it to CAC.

They'll have the coin in-hand, won't be evaluated by pics. At least I hope not !!

 

It is already there. Who said they haven't seen it?

 

I believe the gentleman is referring to this...

"He sent a friend at CAC the jpegs already, and I am told it will be green beaning".