Buy the coin, not the holder . . .

lol.......I almost blew my cocktail through my nose. I agree. Funny how this works, isn't it?

 

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This Krugerrand seems to have similar cloudy characteristics and it was stored in a small cardboard mail square box for decades in a humid environment.

 

Luster was rubbed off it. Just the way it lays you can see it.

 

I am guessing that you have it in hand Toughcoins.
I agree a coin at MS67 should have the fine frosty luster uninterrupted across the fields, not just around the protected areas of the devices.

I am not a gold guy. How does die wear affect the luster on these coins?

 

I appreciate the way you succinctly explained how and why later die states have more luster than early die states.

I’ve occasionally asserted that EDS coins may have sharper details, but grade worse because they have less luster. That’s my theory but I don’t actually know if it’s true or not.

 

The coin has a really ragged rim bottom. I don't even try to figure out gold grades. I've seen slabbed gold coins and the differences in grades just makes me scratch my head and thank Providence I don't collect them, just stack what was decreed in my father's will.

 

I do collect them virtually daily to convert my foolishly saved U.S. Fiat to tangibles before it's value becomes that of composition.

You're bewilderment is similar to mine, and that of the O.P., relative to what I saw as a 9Y.O. BM shop-helper/show-collector more than 70 years ago has really changed.

I now try to acquire quality Gold coins, but it appears my best value is as one of todays' purchases:
https://www.ebay.com/itm/355166476156

One would believe this purchase should represent the epitome of absolute perfection!

JMHO

P.S.: I found it strange that in a market with an elevating Gold price, that I could negotiate purchase of the following!
It's theoretically the perfect proof grade certified $50 PF70 Gold coin, at $200 less than yesterdays' post; https://www.ebay.com/itm/176321820571

I apologize if my post is found improper/offensive/off-subject, and that someone could properly place same!

 

Just went to the GC site and looked at their images enlarged to the size of my head and I don't see anything that looks like cleaning. The only marks I see are inside the scrollwork on the rev. Luster looks like cake frosting. Beautiful coin. I can't think of a good reason not to give it a 67.