How Did This Grade MS62 with Those Scratches?

Discussion in 'US Coins Forum' started by ArthurK11, Jun 18, 2017.

  1. ArthurK11

    ArthurK11 Active Member

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  3. baseball21

    baseball21 Well-Known Member

    1700 gold. Plus can't tell what's on the holder and what's not
     
  4. Kirkuleez

    Kirkuleez 80 proof

    Those aren't scratches, they are adjustment marks made by the mint.
     
    C-B-D, ToughCOINS and jwitten like this.
  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Perhaps you could clarify exactly which anomalies you believe to be "scratches"? Have you considered what you're seeing may be something else entirely?
     
  6. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    This. Very common on pre-1800 silver and gold.
     
  7. swimdad

    swimdad New Member

    ^ +1

    Sent from my STH100-1 using Tapatalk
     
  8. SuperDave

    SuperDave Free the Cartwheels!

    This. The coin is as-issued by the Mint, which was more concerned with issuing coins of the precise weight stated for value than it was a third-party grader over two centuries hence.

    Pretty hefty price for a coin which last publicly transacted at $115,000.
     
  9. swimdad

    swimdad New Member

    I would guess adjustment marks from a file. I thought those were more on silver coins. Could also be scratches on holder which are hard to discern.

    Sent from my STH100-1 using Tapatalk
     
  10. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    They are actually even more common on gold, because it is more valuable. Silver coins were frequently adjusted, but because gold was so much more valuable it was very important to get it perfect.

    These adjustment marks do not typically detract from the grade of the coin because they are a mint-made effect (pre-striking). Even multi-million dollar coins have them, such as the notorious so-called specimen first strike 1794 Dollar (the most expensive coin in the world).
     
  11. Kirkuleez

    Kirkuleez 80 proof

    True, but with such a massive jump to 63, I don't feel that it's unwarranted given the semi PL look. The adjustment marks are very distracting, but also very common. I'm not sure why I'm even worried about it anyway, it will probably always be beyond what my budget would allow.
     
  12. baseball21

    baseball21 Well-Known Member

    It's last sale wasn't the 115k 2010 sale. It's last sale pcgs shows was 130k in 2012.
     
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