Sorry, but I'm not buyin' it . . .

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That one is best suited for a vending machine.

 

I'd guess that the exceptional level of luster got it bumped to 66, but really the obverse is so baggy that 66 seems way too high.

 

Uggh! I would not have graded that higher than 64. Fabulous luster, but the contact marks make it look like hamburger.

 

The majority of the "marks" are areas where the strike didn't obliterate the marks on the planchet. This is very common on clad Ikes. It's just proof that high grade doesn't always equal attractive.

Before seeing the grade on the insert, I thought it was a very high end MS65.

 

Are we sure the marks aren't on the slab? Looks too baggy to get that grade.

 

If the glove doesn't fit you must acquit. LOL
Great luster but definitely to many marks for a 66.
Even if they are in the planchet and not bag marks.

 

Put Simply: You can't make a silk purse outa sow's ear!
J.T.

 

I think this is an example of why the premise that graded coins are like a commodity don't work. I have seen the argument made that TPG grading gives coins a stable and predictable value and therefore they are safer as investments. While there is some truth to this...there is still so much subjectivity to coins that it really doesn't work.

Unless the photos of this coin are just terrible...I wouldn't want this in my collection for any price...and I like Ike Dollars. Even though it might technically be MS...it's hideous.

 

There is nothing "technical" about that grade. It's just plain wrong.

 

Some of you are rather generous with that grade, IMHO that coin should look better and not have all the bag marks considering it was issued as NCLT in the first place, since there were no circulation strikes in 1973.

 

Many coins in the 1970s mint sets were horrible.

 

I can't agree with this. What we would normally consider planchet flaw marks shouldn't be visible in the fields or on the rim. On Ike's face I would agree, but on this coin, there are no marks in the highly protected areas (within letters), or on the lower struck areas (Ike's chin, nose), so while I can see past normal planchet flaws, this coin has been hit and rattled around enough that maybe it could go 65, but I would give it a 64.

 

We are viewing a very oversized photo, and this should be taken into account, and it is a photo thru the encapsulation, which has its own possible flaws. This is just another example of why I don't grade from photos, only with piece in hand.

 

I have to agree with @Beefer518 - I don't think most of these are planchet marks. I would not buy this coin, ever, much less at a 66 price. In my view, a modern coin that was never released to circulation nor banged around in a bag for 150 years, should be darn near perfect for a 66 grade. When one isn't, there's always another around the corner that's better.

 

Those aren’t bags marks. It’s annealing drum chatter that didn’t “strike out.”

 

I just posted a BU Ike that’s in my 7070 album. It looks much better than than one. That is one beat up coin.

 

Planchet marks are super common in the fields and rim on Ikes. Super common.

Most of the marks on this coin are around the rim and in the face and neck area. Pretty standard striking issues for clad Ikes.

And if every mark were post strike, the coin would grade around MS62. When was the last time a legitimate TPG overgraded a common coin by 4 points?

 

I didn't say every mark was PMD, but I don't think you'll ever convince me that most of those are planchet marks (and I'm very open-minded).

*Edit to earlier post; I did say rim earlier, but that was in error. The rim is the highest point on a coin, so of course there would be planchet flaws on the rim.

 

Aren't we supposed to be living in the age of market grading? Under market grading, eye appeal and luster are major, if not the major, factors in the grade. How can the eye appeal of this coin justify a market grade of 66? Under market grading "rules" it doesn't really matter if the marks are part of the unstruck planchet or come from mis-handling. Don't lecture me now, I know the TPGs give more leeway if the marks are on the unstruck planchet and are endemic to the series. But still....