GTG: 1924 Saint-Gaudens

Last chance to weigh in....well, before I give the grade.

 

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First look 64-65 the more I stew over it I'm leaning MS-63 details?

CFP Q?- Should I hang on to all these coronavirus stocks ? LOL
Good day today but bug-n-windshield? cant be both!

 

OK....here it is....don't look if you're still weighing in:

 

Well, I know I was surprised. I would have graded it MS64 myself, and that was being generous.

Even if you exclude the 2 cloudy patches in the fields -- I think Doug said they could be reflections in another thread for another coin -- on the obverse I still see too many bag marks, dings on BOTH legs, and that cut across the 2 rays.

On the reverse...I see some dings near the Eagles mouth which are noticeable, a gouge/big ding below the top right tail feather, lots of marks/dings in the middle of the Eagle's wings. Some are pretty deep.

I honestly don't know how this got an MS67. It's grades like this that tell me I need lots more practice -- or someone was grading at the TPG that day after alot of beers following Sunday football.

 

Wow awesome! That's a fine piece that St.G at at1950f* just melted all my silver! Congrats and Thanks

 

67????!???!???!??!!!!!!??!

WTF?

That gash in the stars is bad enough, but the C-section scar alone should preclude a 66. The rest of the coin is immaculately struck (and we still don't know what the luster is like), but those two serious marks absolutely rule out a 67.

Wow, this piece is definitely overgraded.

 

To go with the c section and rays look at 3rd feather from top on reverse?
Shelton doesn't live in HA I guess? but If I had it they'd have it ring the register. Nice
Just looked at book HA sold a 64 1924 in 2012 172,430 a 67 ?? Dang!

 

I used PCGS Photograde to try and grade this coin and came up with MS64 as I posted yesterday. Here's a screen snip from the PCGS website for what they are calling an MS67 St. Gaudens, albeit a 1925 vs. a 1924. The difference compared to the OP's MS67 is quite stark. It really makes me question using Photograde to grade coins.

 

Look at 2012 HA auction pics 1924 ms 64 I'll research a link but still that was fun all over the rainbow!

 

Definitely one that should bring plenty of discussion.

I agree with the sentiments expressed so far. A good point was brought up that the grade must be high to warrant the extra Heritage photos (wouldn't have been done for a 64/65). The hits are too significant for me to understand the 67 grade (even if the luster and color is super).

 

I typically grade gold coins one point more conservative than the TPGs. This one was 3 points higher. I haven’t seen the coin in hand but unless this is the most lustrous Saint in existence, it is overgraded, by at least one point, maybe 2.

 

Quick, someone apply CPR to PF !!!

I think it goes on sale at Heritage in April.

Shall I put you down for bidding up to $12,000 ???

 

I had typed, and then deleted, a response that said "MS67 and, plot twist, those apparent hits are actually flaws in the camera sensor"...

 

https://coins.ha.com/itm/saint-gaud...637.s?ic4=GalleryView-ShortDescription-071515
Here's HA link enjoy! A 67 hang on $12,000 wont pay buyers fee LOL
This coins bringing more action than Daddy Warbucks penny find!

 

How the ??? Way too many marks and major marks for anywhere close to that grade. I think 65 would be too high

 

Folks, don't blame Heritage....PCGS did the grading.

Anybody know from the label what year it was graded ?

 

It's the newest generation of holder. Although this generation has been around for a while now (2015 to present). My best guess would be that it was graded within the last few years.

 

I said 65 but i certainly didn't think it would be 2 points higher. It's a great looking coin.

 

That's what I thought, Lehigh. It has to have BLINDING luster and you have to be able to use the fields as mirrors to shave or apply makeup to compensate for all the other marks.

If this was submitted to CAC, could it get a NEGATIVE Gold Bean ?

 

And of course, this is a common 1924. If it was a tough year or condition rarity then you could maybe justify a slight overgrade and we'd have the old Technical vs. Market Grading Debate here.

Anybody want to bid on this, here it is:

https://coins.ha.com/itm/saint-gaud.../1314-4768.s?ic4=GalleryView-Thumbnail-071515

I am going to watch this auction in April....either the coin looks LIGHT-YEARS better in hand (hard to believe)....or the sophisticated bidders at HA are going to heavily discount this.

An MS66 goes for $2,500 and an MS67 goes for $12,500 !!