hone your grading skills -- flying eagle cent

The suspense is killing me ! I gotta know...

 

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Well it is a 64 per Mark Feld and I think he is right..It is a beauty for sure.

 

If it's a 64, I like it. If it's a 63 I love it. If it's a 65, I'll be surprised. And if it's a 66, I've lost my grading eye.

 

OK, PCGS graded the coin MS 64.

I thought this was a fairly easy coin to grade -- if you have experience with how PCGS/NGC grade these coins. There was a very insightful quote by Clembo, which bears repeating:

Clembo is dead on correct, IMO. Getting a 65 out of the TPGs on FECs is a very difficult proposition -- last I heard there was 165 of them in 65 and only 15 in 66, compared with over 1400 in 63 and 64.

As for the value.... The PCGS price guide for this coin is $1600. The last 5 MS 64s sold at Heritage went for: $1380, $1092, $983, $1150, and $1067. Numismedia retail is $1280, and Coin Values lists the coin at $1650. I would have been willing to pay roughly $1300 for this coin based on the above, so I was pleasantly surprised when it was offered to me for $1150.

This coin is an upgrade to a PCGS MS 63 example that I purchased on TeleTrade a few years ago:



While I liked the coin when I purchased it, and the CAC even gave it a sticker, I always wanted one with a better strike and more eye appeal. I think I hit the mark.

Anyway, thanks for all the guesses and comments. I hope you all enjoyed the thread...Mike