And the Crackout results are in...

I have had a few as well though I generally stick to dimes and larger now due to how small the half dimes are. That probably is a technical xf from the pictures, I am fine with the bump to 50 with that fantastic eye appeal, but the VF 25 starting grade was way off.

 

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Depends on which owner you are talking about, they had six and the grading ability varied widely.

 

Referring to the ANACS 62 to PCGS 65? Without seeing the coin in hand, this isn't a great testament to anyone's grading abilities other than @Nycmacman, as he correctly predicted that the coin should grade higher than 62. Could be that both TPGs really screwed the pooch on this one and the coin should grade 63+.

 

Also, it appears as though the OP types "coins" a lot on his laptop.

 

True, whatever owner it was they dropped the ball on that one.

 

Because PCGS and NGC coins hold their value far better than others. That is not to say that ANACS and other holdered coins aren't as nice-- I have and do own many beautiful ANACS coins. The " Buy the coin and not the holder" is sophomoric garbage. Of course, one isn't going to buy a coin that they do not like. However, it is difficult to ignore the value added by PCGS and NGC coins-- to do so would be naive. Buy the coin, and the holder!

 

I've only done it one time, but I cracked a PCI XF45 Carson City half-eagle and it came back from NGC as AU58! I made up for a lot of small losses on that one crack-out!

 

When spoken by someone trying to sell you the holder, I agree with you. As advice to make sure that you're not buying a coin that's misrepresented by the holder, I disagree.

 

I personally don't like the saying either. It's fine for people that know what they're doing with a good eye. For newbies or people with a bad eye it gives them the wrong impression. That's also how newbies ect end up with NNC coins and the like because they "bought the coin". Holders aren't equal and it takes experience to know which ones to apply the expression too

 

Anyone who drinks the koolaid of giving undue weight to the grade on the holder is the one who is going to end up with a pile of overgraded coins. To say the phrase meant to emphasize the importance of the COIN over the holder is "sophomoric garbage" is in my opinion setting themselves up for failure.

Can PCGS and NGC holders be somewhat guarantees of quality? Sure. However, sir you more than most should know how the PCGS/NGC grade is but a PART of the value a coin may trade for. That is what that phrase means, the COIN, and not the plastic, is the real determinant of value. Way, way, WAY too many new collectors "collect" plastic. Whatever is on the slab is what they "value" the coin at. Only paying attention to what a grader thought about it in 5 seconds is the truly comedic "sophomoric garbage". And that is what most of these types of collectors can only do, since they never learned to grade for themselves. Not completely their fault, though, since I have no idea how I would learn to grade if I had to look at every coin through plastic. You will notice the TPG graders never try to grade looking through plastic, they have the coin IN HAND to grade it.

 

That is exactly what I was saying. You misread my post. Also, my PCGS and NGC coins have resold pretty well, so I do put some, and I said some credence upon the holder. To repeat what was said above, of course there are beautiful coins in other holders. However, all things being equal, in terms of grade and eye appeal, the PCGS and NGC coins sell far better than others, and for higher premiums. In no way was I dismissing the purchase of ANACS, ICG, SEGS, or any other holder except for the " big two." I am just extremely tired of the old adage of " buy the coin, and not the holder." It is stupid-- it first presupposes that somebody is inexperienced or dumb enough to buy a coin one doesn't like. Second, it disregards market value, by saying that one can't have BOTH-- a beautiful coin, and a PCGS or NGC holder.

 

I treat it like the old adage, "never clean a coin". Sure its tiresome for experienced collectors, but has been indispensible advice to tons of new collectors.

Btw, I have seen tons of collectors completely ignore the coin and buy the higher graded slab "because it was better". I simply do not think its bad advice to repeat, if only to save a few newbies.

 

Congrats, Job well done!

 

I've seen so many ms65 peace dollars with marked up cheeks,(ngc pcgs) that this does not surprise me at all.. I'm not saying the OPs Peace $ isn't deserving of a gem grade, but the fact that it's got nice toning probably bumped it up a grade or 2... I can't wait to see Images of said coins!!
And yes, ANACS is just as good as the other 2 , depending the series, I actually prefer Anacs.... They do a great job with silver dollars!!! I don't pay much attention to the other denominations in their holders

 

The slab tells you what someone else thinks the grade is. You have to look at the coin to decide for yourself whether the grade is accurate, too high, too low or laughable.

 

It tells you what someone else thought the grade WAS at a given point in time. At this moment in time that same person might have a completely different opinion of it.

The only persons opinion on the grade of a coin that matters is that of the person buying it. No one else's opinion matters because they aren't the one contemplating shelling out the money for it.

 

Here are the results guys! If anyone's looking to buy the 1891 or 1899 (not pictured) I will be selling them so feel free to PM me.

 

Yeah, I missed out on a bunch of good coins for a decade or so when I refused to look at anything that wasn't NGC or PCGS. I've since come to my senses.

"Buy the coin, not the slab!"

 

Toned Peace Dollars are a rarity. You have a nice on there!

 

My thoughts on the 24 now that I have seen the pictures. My guess is that ANACS thought that it had a subdued luster with a soft strike and down graded it. I'll go out on a limb and say gave it more of a technical grade. Were PCGS looks at the coin likes the tone doesn't see a lot of distracting contact marks or hits and gives it more of a market acceptable grade of 65. My guess the truth is some where in the middle. I do like the color on the coin, nice score. Thanks for sharing.

As far as PCI goes its been hit or miss with me on peace dollars I had an older PCI 1921 peace go from a pci 62 to a ngc 63. It was a nice coin. I've also had a couple come back cleaned, go figure. I've got a really nice 1934 blue holder PCI peace dollar that's ms 64, I might try to send it in next time.