Guess The Grade 1908 St. Gaudens $20 Double Eagle

Wow! Can't believe I was closer than most. I was one of the votes for MS66.

 

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I figured it might be a high grade given the lack of contact marks. The areas I thought were rub must not be rub and maybe a slab shot or video that showed more luster would be more convincing of the grade.

 

The contact will remain the question u nless seen in hand.

 

Yup....what is all that discoloration on the high points like on the knee ?

But no contact marks, absolutely correct.

 

a 67 WOW !! that,s generous !! there appears to be obvious imperfection midway up the torch but again grading isnt an exact science...LOL

 

Here’s the grade on the one I submitted as a comparison

 

I've seen/read about many coins that were originally MS (admittedly I recall only up to MS-65 not higher) that were then graded by CACG and got shot down to AU-58 by JA's minions. Rub or wear or friction...on HIGH points.

Could even an MS-67 be misgraded ? I wonder.

 

I have looked for AU 58 CACG holders because of those posts but not many show up for auction. Most that I have seen were common Walkers or Mercury Dime where even at MS 65, the spread would not be huge (between AU 58 and MS 65). And some were bid up like they were MS 63. I believe the bulk of such coins don't make it to market as dealers crack them out to send to PCGS/NGC or collectors hold onto them. And I don't think there are that many examples in total.

As far as a 67 being misgraded, it can happen. Someone could have had a 58 and a 67 and accidentally switched the labels when holdering them (although that would be a rare event). If it is a point off, then that is just normal variance in grading and not "misgraded" in my opinion.

 

Obviously, that coin has a very fine luster to it, cold be an early die stage and surprise us all.

 

Overgraded. To truly be a 67 a coin has to be almost perfect.
This coin is far from almost perfect. These clowns either undergrade stuff and hope for resubmissions, or they over grade stuff for their buddies to sell at ridiculous prices. Too much corruption in the grading game to take this crap seriously anymore. Where is the integrity? You send something in that is a 65, they look at it for 3 seconds and you get a 63. But if it's their buddy, now it's a 66. Once grading became necessary in sports cards and coins, the hobby has been corrupted. Grading is subjective, it's not science. And now you "need" it in order to sell your coins because people are too ignorant/lazy to grade the coins themselves correctly. The grading business is a disgrace. When an auction company sends in coins for grading, they CONSTANTLY get the benefit of the doubt and coins that are 63/65 are all pulling 66 and 67s.
This business is a joke. But when a reg person sends a legit 65 coin in, they are lucky if it comes back 63 and not details. Grading is a huge scam that has been perpetrated upon the coin hobby.