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<p>[QUOTE=&quot;Lehigh96, post: 2015346, member: 15309&quot;]I don&#039;t think that a Class I 1804 Silver Dollar is a good example of gradeflation.&nbsp; These coins are not so much graded by standards as they are ranked against each other.</p><p><br /></p><p>The sale price in 1993 was $475,000.&nbsp; But the prices realized in 2008 and 2013 were pretty consistent.</p><p><br /></p><p><a href="http://coins.ha.com/itm/early-dollars/silver-and-related-dollars/1804-1-original-pr62-ngc/a/1104-2089.s" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/early-dollars/silver-and-related-dollars/1804-1-original-pr62-ngc/a/1104-2089.s" rel="nofollow">The Mickley-Hawn-Queller 1804 Silver Dollar</a></p><p><a href="http://coins.ha.com/itm/early-dollars/silver-and-related-dollars/1804-1-original-pr62-ngc/a/1104-2089.s" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/early-dollars/silver-and-related-dollars/1804-1-original-pr62-ngc/a/1104-2089.s" rel="nofollow">Class I Original, PR62 NGC 2008 $3,737,500</a></p><p><br /></p><p><a href="http://coins.ha.com/itm/proof-early-dollars/1804-1-original-pr62-pcgs/a/1188-5699.s" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/proof-early-dollars/1804-1-original-pr62-pcgs/a/1188-5699.s" rel="nofollow">The Mickley-Hawn-Queller Class I Original 1804 Dollar, PR62 PCGS From the Greensboro Collection, Part IV 2013 $3,877,500</a></p><p><br /></p><p>That said, I don&#039;t see the need to grade that coin PR62 rather than a circulated grade.[/QUOTE]</p><p><br /></p>

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