Another GTG for the weekend; 1936 Columbia

Discussion in 'US Coins Forum' started by Beefer518, Feb 21, 2021.

?

Grade is:

  1. MS61

    0 vote(s)
    0.0%
  2. MS62

    0 vote(s)
    0.0%
  3. MS63

    0 vote(s)
    0.0%
  4. MS64

    2 vote(s)
    10.0%
  5. MS65

    8 vote(s)
    40.0%
  6. MS66

    8 vote(s)
    40.0%
  7. MS67

    2 vote(s)
    10.0%
  8. Plus

    2 vote(s)
    10.0%
  9. Star

    0 vote(s)
    0.0%
  10. CAC

    0 vote(s)
    0.0%
Multiple votes are allowed.
  1. Beefer518

    Beefer518 Well-Known Member

    reveal coming soon... get yer guesses in now!
     
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  3. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Did you reveal the Booker? I can't find it.
     
  4. ddddd

    ddddd Member

  5. Beefer518

    Beefer518 Well-Known Member

    This was a disappointing grade from ANACS. I was fully expecting at least a 65, with a shot at 66. I'm still fairly dumbfounded by the grade, and it's going to be cracked and sent to PCGS.

    slab-web.jpg
     
  6. Beefer518

    Beefer518 Well-Known Member

    Thanks @ddddd for doing my heavy lifting! :D
     
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  7. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Thanks you two. :)

    The Columbia needs a second (third) set of eyes. '62 is terribly unwarranted as I associate such grades to baggy ugo's of which this example is not........
     
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  8. Lehigh96

    Lehigh96 Toning Enthusiast

    I don't know much about ANACS grading standards but when PCGS or NGC give an MS62 grade to a coin with surfaces that are obviously better than MS62, it is almost always a net grade for washed out luster due to what they perceive as an over dipping. That was my first impression, and I believe that it was @johnmilton as well.
     
  9. ddddd

    ddddd Member

    A 62 is baffling. I doubt the luster was that muted to at least prevent a 63 grade (as there is certainly not enough hits/marks to justify the grade). Anacs can be overly conservative at times. I had an AU 55 Anacs coin go MS 62 at NGC and then there is the thread below...Anacs AU 55 Details to PCGS MS 64:

    https://www.cointalk.com/threads/is-anacs-crazy-or-am-i-crazy.302604/
     
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  10. Anthony Mazza

    Anthony Mazza Active Member

  11. johnmilton

    johnmilton Well-Known Member

    The issue has to do with the luster. In the minds of the graders, luster trumps marks. I have seen this many times.
     
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  12. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    62 is ridiculous. I could see a sub gem grade, possibly 64, even though I guessed 65. My question is, how is the luster in hand? The photographs sometimes don’t depict luster accurately. The coin was most likely dipped, and that impacted luster, but a 62? They got it wrong.
     
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  13. Beefer518

    Beefer518 Well-Known Member

    Luster is muted, but it's there, just not booming. All I know is I was extraordinarily disappointed with the 62.
     
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  14. Lehigh96

    Lehigh96 Toning Enthusiast

    That is what they do. For a coin that is improperly cleaned, they give it a details holder, but for an improperly dipped coin where the luster is muted, they will often assign a net grade of MS62. It is usually totally incongruent with the surface preservation level and often leaves people scratching their head about the grade. Here is an example, a 1924 Standing Liberty Quarter.

    [​IMG]

    There is no way that anyone can look at that SLQ and say the surfaces deserve MS62. But in NGC's opinion, the coin was obviously dipped and the luster impaired. I cracked that coin of an AU58 holder and resubmitted it expecting MS64, NOPE!

    [​IMG]
     
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  15. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    That is insane! The dip obviously impacted luster to a degree. However, 62?? That has no bearing on reality. The surface preservation of that LSQ is in the gem range. I can see dropping it one grade, for not being the most lustrous coin in the world. However, every blast white Morgan Dollar in the world has been dipped, and they still get gem grades. Geez!!
     
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