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1882S Morgan MS65 CAC-Do you Agree with the Grade?
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<p>[QUOTE="GDJMSP, post: 3023514, member: 112"]I absolutely disagree with the number on the slab, the coin is grossly over-graded. I am a strong believer in buy the coin not the slab. </p><p><br /></p><p>As to value, what you're trying to do doesn't work, so let me show you something.</p><p><br /></p><p>The OP's coin graded 65, sold for $132 in March 2018 -</p><p><a href="https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms65-pcgs-cac-pcgs-population-19142-6206-ngc-census-19288-8406-cdn-120-whsle-bid-for-problem-free-ng/a/131811-24354.s?ic4=GalleryView-Thumbnail-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms65-pcgs-cac-pcgs-population-19142-6206-ngc-census-19288-8406-cdn-120-whsle-bid-for-problem-free-ng/a/131811-24354.s?ic4=GalleryView-Thumbnail-071515" rel="nofollow">https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms65-pcgs-cac-pcgs-population-19142-6206-ngc-census-19288-8406-cdn-120-whsle-bid-for-problem-free-ng/a/131811-24354.s?ic4=GalleryView-Thumbnail-071515</a></p><p><br /></p><p>Now I'm going to show you a picture of the same coin, same date/mint, same TPG, but it's graded 63 and sold for $168 in Nov. 2017, roughly 25% more than the 65 sold for - </p><p><a href="https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms63-pcgs-gold-cac-pcgs-population-19948-58254-ngc-census-15133-59753-cdn-58-whsle-bid-for-problem-f/a/131746-23469.s?ic4=ListView-Thumbnail-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms63-pcgs-gold-cac-pcgs-population-19948-58254-ngc-census-15133-59753-cdn-58-whsle-bid-for-problem-f/a/131746-23469.s?ic4=ListView-Thumbnail-071515" rel="nofollow">https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms63-pcgs-gold-cac-pcgs-population-19948-58254-ngc-census-15133-59753-cdn-58-whsle-bid-for-problem-f/a/131746-23469.s?ic4=ListView-Thumbnail-071515</a></p><p><br /></p><p>And if you click on the links, look at the blowup pics of the coins, you'll quickly see that that 63 coin is much nicer than the 65. Leaps and bounds nicer. Better luster, far fewer contact marks, better quality strike - better everything.</p><p><br /></p><p>So how can that be possible ? Easy, because the 63 coin was graded correctly, back when TPG grading standards actually meant something. Before they were loosened to the point of being a complete joke.</p><p><br /></p><p>So do you see what I mean about value ? I'm not the only one out there with eyes that can see. I'm not the only who actually knows what that date/mint coin should look like in 63, let alone 65. And the price paid for that 63 proves it. </p><p><br /></p><p>You can't just compare and equate grade numbers to dollars - it doesn't work, never has never will. You have to completely ignore the entire slab, pretend it's not even there and just consider the coin. Most people don't do that, most people can't do that !</p><p><br /></p><p>Now somebody is going to say that the 63 has a gold CAC sticker on it - THAT's why it sold for more money ! Well it's possible you're right, it might have been somebody who didn't know what they were doing, didn't know how to judge coins, they just saw that gold sticker and said - OH WOW ! </p><p><br /></p><p>But it's also possible I'm right, in fact I think it even more likely that somebody who knows what they are doing bought that 63 coin. You see, the 65 coin has a CAC sticker on it too, which means CAC is saying it is either a mid or high 65. But then that's because all CAC does is go along with whatever the TPGs say nowadays - CAC has greatly loosened their standards too. And people who know coins, also know that.</p><p><br /></p><p>In today's world, if that 63 were cracked out and resubmitted it would probably grade 66. And people who know coins, know that as well. They are all too well aware that the TPG grading of today is a joke - and sad joke at that.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3023514, member: 112"]I absolutely disagree with the number on the slab, the coin is grossly over-graded. I am a strong believer in buy the coin not the slab. As to value, what you're trying to do doesn't work, so let me show you something. The OP's coin graded 65, sold for $132 in March 2018 - [url]https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms65-pcgs-cac-pcgs-population-19142-6206-ngc-census-19288-8406-cdn-120-whsle-bid-for-problem-free-ng/a/131811-24354.s?ic4=GalleryView-Thumbnail-071515[/url] Now I'm going to show you a picture of the same coin, same date/mint, same TPG, but it's graded 63 and sold for $168 in Nov. 2017, roughly 25% more than the 65 sold for - [url]https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1882-s-1-ms63-pcgs-gold-cac-pcgs-population-19948-58254-ngc-census-15133-59753-cdn-58-whsle-bid-for-problem-f/a/131746-23469.s?ic4=ListView-Thumbnail-071515[/url] And if you click on the links, look at the blowup pics of the coins, you'll quickly see that that 63 coin is much nicer than the 65. Leaps and bounds nicer. Better luster, far fewer contact marks, better quality strike - better everything. So how can that be possible ? Easy, because the 63 coin was graded correctly, back when TPG grading standards actually meant something. Before they were loosened to the point of being a complete joke. So do you see what I mean about value ? I'm not the only one out there with eyes that can see. I'm not the only who actually knows what that date/mint coin should look like in 63, let alone 65. And the price paid for that 63 proves it. You can't just compare and equate grade numbers to dollars - it doesn't work, never has never will. You have to completely ignore the entire slab, pretend it's not even there and just consider the coin. Most people don't do that, most people can't do that ! Now somebody is going to say that the 63 has a gold CAC sticker on it - THAT's why it sold for more money ! Well it's possible you're right, it might have been somebody who didn't know what they were doing, didn't know how to judge coins, they just saw that gold sticker and said - OH WOW ! But it's also possible I'm right, in fact I think it even more likely that somebody who knows what they are doing bought that 63 coin. You see, the 65 coin has a CAC sticker on it too, which means CAC is saying it is either a mid or high 65. But then that's because all CAC does is go along with whatever the TPGs say nowadays - CAC has greatly loosened their standards too. And people who know coins, also know that. In today's world, if that 63 were cracked out and resubmitted it would probably grade 66. And people who know coins, know that as well. They are all too well aware that the TPG grading of today is a joke - and sad joke at that.[/QUOTE]
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1882S Morgan MS65 CAC-Do you Agree with the Grade?
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