I think I know the answer but I wanted to ask anyway. Every coin that I've seen graded with the star designation. (Ex. MS65 *) was rainbow toned. Can a bright, white, uncirculated, lustrous coin get a star designation if it is extremely, eye-appealingly white? Basically, can the star only go to toned coins?
The star designation is predominantly issued to coins with attractive toning. However, it is not solely reserved for toned coins. Any coin with exceptional eye appeal can be awarded a star. Here is a recent example from the September Long Beach Signature Sale from Heritage. I actually wrote a thread about this topic a while ago. Give it a read, you may find it interesting. http://www.cointalk.com/t46534/
Yep, Lehigh's got it right. I've also seen a lot of PL Morgans with no toning that have the star designation. Imo most of those coins are either boarder line DMPL, or, one side is DMPL and the other is PL. Search results for: (From Heritage, I think there's 2 stars on the first page alone).
Very interesting read, Lehigh. I have a Morgan coming tomorrow, I might send it to NGC, it looks star worthy: 1884 CC VAM-2 MS 63 (ANACS)
The slab just says PL. The reverse definently looks more prooflike than the obverse, at least from the seller pics.
Do you think the star designation will evolve to what we have now for coins. Perhaps in the future we may see star 64, star 65, etc. Of course there are stars that are more appealing than others.,
I agree with this. Coins with one side PL and one side DMPL sometimes get the star. I have seen one side DMPLS with a star sell for more than a DMPL of the same date and grade. Makes no sense. I have sold my star coins in the search for full DMPL's.
First we had Unc, BU, Choince BU, and Gen BU. Then MS-60, MS-63, MS-65. Then we added all of the ones in between, and all the way to MS-70. Now we have *'s. And of course CAC's. So would you pay more for an MS-64*CAC? So, is that worth 65 Money? Or over ask 64 money? I would still hover around 63 money, still old fashioned, I guess.
It depends on the coin and what I think of it on what I will pay. Not someone else's opinion. Please note - this does not make me right, but I do so value my own opinion.
That's the best statement I have read in a long time. Appearance/basic grades are for collectors, stars and beans are for speculators. Let the flaming begin. :thumb:
I want the first G3 coin with a star rating. You can barely read the date but you get a warm a fuzzy feeling whenever you look at the coin through a bright light and through the grime.
