MS64 Dollar

Discussion in 'Coin Chat' started by davidh, Jan 19, 2017.

  1. davidh

    davidh soloist gnomic

    Nice uncirculated coin graded MS64 by NGC. Given the myriad scratches, dents, nicks and other damage, especially on the reverse, I can't see why this went above MS60.
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    Santinidollar likes this.
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Maybe it was because they didn't have "Edge View" holders in 1799.

    Chris
     
    Johndoe2000$ likes this.
  4. Rheingold

    Rheingold Well-Known Member

    This coin seems accurately graded to me.
    Those ""scratches""are die cracks and the ""damage"" happened during the minting process. Nice original color btw.
     
    Johndoe2000$ likes this.
  5. Cascade

    Cascade CAC Grader, Founding Member

    Gorgeous and I approve the grade
     
  6. Ericred

    Ericred Active Member

    That's one I hope to get someday. Very nice, good for you
     
  7. SuperDave

    SuperDave Free the Cartwheels!

    B-1/BB-142. There is one single example of this variety known in finer grade, Pop 1/1, and as far as I can see it's accurately graded. I'd imagine its' worth reaches six figures.
     
  8. dwhiz

    dwhiz Collector Supporter

    Wow, beautiful coin and 64 looks about right to me.
     
  9. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    I'll bet CAC would give it a green bean at 64.
     
    dwhiz likes this.
  10. GDJMSP

    GDJMSP Numismatist Moderator

    Contact mark wise - yeah it qualifies as a 64. But none of you guys can see the wear on the hair, the cheek, the bust, the drapery, the ribbon, the rev stars, the shield, the wings, the eagle's head, the clouds - none of you guys can see any of that huh ? And none of you can see that damage at 4 o'clock on the rev either huh ?

    64 ? That coin shouldn't even be in a cleanly graded slab !
     
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  11. eddiespin

    eddiespin Fast Eddie

    Doug, I think you're again misunderstanding what ANA turned grading into when it tied it into the market. This coin is graded MS64 because that's the price this grader determined it should command in the market. We're just afraid to accept grading is that stupid. But it is. What should this or any coin for that matter market for is the grade. Who gets to determine that? Whomever we pay to determine it.
     
  12. bear32211

    bear32211 Always Learning

    The die cracks are fascinating on the reverse but also, how about the bottom of the second "9" and even the first "9" ? Assist me here is that a bold or double punch. Help the newbie out.
     
  13. Blissskr

    Blissskr Well-Known Member

    It almost seems if a coin is old or rare enough the TPG's don't actual grade MS meaning mint state. But they actually grade MS meaning modern state, as in the state of the coin at this time as determined by their completely arbitrary grading standards.
     
    Stevearino likes this.
  14. SuperDave

    SuperDave Free the Cartwheels!

    I'm not arrogant enough to think one set of small images allows me a conclusive opinion regarding the presence of "wear" on an issue struck in wide variance of conditions without a collar. And the "damage" you mention is characteristic of the variety.

    Bear, this one is a 9/8 variety. What you see in the 9's is RPD.
     
  15. fish4uinmd

    fish4uinmd Well-Known Member

    A good example of coin grading being subjective.
     
  16. mikenoodle

    mikenoodle The Village Idiot Supporter

    I think the rim ding could have happened during the minting process as it appears to have a die crack in that same area.

    I agree with you, Doug. The coin has obvious wear, but Eddie is right, this coin has been market graded and like it or not, this is an example of when market grading shows what it really is (a tool for manipulating the price of a coin).
     
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  17. Rheingold

    Rheingold Well-Known Member

    Looks more like cabinet friction and not like wear......if I had MS64 money I would buy it, cause I like the look of this coin.
     
    bear32211 likes this.
  18. GDJMSP

    GDJMSP Numismatist Moderator

    Ya think ?

    Here's the OP's coin -

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    Now here's 4 more of the same variety you listed - B-1/BB-142. Not a one of them looks like the OP's coin. But yet all 4 are quite similar to each other.


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    That's damage on the OP's coin, you can see the gouges in the metal.
     
  19. Sean5150

    Sean5150 Well-Known Member

    Im confused. You posted four coins with identical marks and conclude that its PMD?
     
    Paul M. likes this.
  20. GDJMSP

    GDJMSP Numismatist Moderator

    Yes, the 4 coins have very similar marks. BUT - those marks are quite different than those on the coin that started this thread.

    In other words, the 4 marks on the 4 coins are there because those marks were on the die that made them - it is not post strike damage. But the marks on the 1st coin are not from the die, but from post strike damage.
     
  21. Sean5150

    Sean5150 Well-Known Member

    I dont know
     
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