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<p>[QUOTE=&quot;Lehigh96, post: 3602143, member: 15309&quot;]According to the NGC Census, these are the populations for 1938-S MS67</p><p><br /></p><p>MS67:&nbsp; 78/2</p><p>MS67FB:&nbsp; 69/10</p><p>MS67*:&nbsp; 2/0</p><p>MS67FB*:&nbsp; 0/1</p><p><br /></p><p>All I&#039;m saying is that the toning an eye appeal of that coin makes it uncommon.&nbsp; And after a cursory glance at the MS67s and 68s in Heritage Archives, none of them even come close to the eye appeal of this coin.</p><p><br /></p><p><a href="https://coins.ha.com/c/search-results.zx?Ne=46&amp;N=51+790+231+360+4048+75+76+1589&amp;ic4=Refine-MintMark-102615" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/c/search-results.zx?Ne=46&amp;N=51+790+231+360+4048+75+76+1589&amp;ic4=Refine-MintMark-102615" rel="nofollow">https://coins.ha.com/c/search-results.zx?Ne=46&amp;N=51+790+231+360+4048+75+76+1589&amp;ic4=Refine-MintMark-102615</a></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yeah, this is the more concerning aspect of the situation.&nbsp; I can think of two likely explanations.&nbsp; First, PCGS changed their policy regarding monster toned premium gem examples and are starting to reward them with top pop grades in an effort to value/market grade them.&nbsp; The second, and much more concerning is related to whose inventory this coin resides in.&nbsp; I have a feeling that Legend has direct access to the grading process at PCGS and gets to make their case for what the grade should be, unlike every other submitter on the planet.&nbsp; They simply get too many coins to upgrade for it to be a coincidence.</p><p><br /></p><p>As for your hypothetical situation about what to do when a superior example is found, that is one of those problems that they will deal with when it arises.&nbsp; The only MS69 Mercury Dimes I know of are the 39-Ds, and although I have my own personal preference as to which one is the best, I would be ok with the knowledge that it is tied in grade with the others in that group.</p><p><br /></p><p><br /></p><p><br /></p><p>It would seem that the coin should have been awarded a gold sticker when it was in an MS67+ slab if they thought it was a solid MS68.&nbsp; This also concerns me with respect to the submitter.&nbsp; Legend has direct access to CAC as well.</p><p><br /></p><p><br /></p><p><br /></p><p>I don&#039;t know why they don&#039;t publish it, but I certainly am not the first one who postulated that this is how they grade the top ranked and ultra rare coins.&nbsp; I remember reading about this many times on both the NGC and PCGS forums.&nbsp; The only guy who used to talk about this topic much on Cointalk was Leadfoot who goes by MikeinFL on PCGS.[/QUOTE]</p><p><br /></p>

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