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Dilemmas and confusion trying to complete CC Morgan collection
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<p>[QUOTE="fiddlehead, post: 1252189, member: 31286"]I recently completed a set of Carson City Morgan dollars - at least one from every year anyway. I've tried to stick with high grade circulated coins, but in the case of the common hoard years I picked up some better grades because they were available at relatively low cost. </p><p><br /></p><p>I was able to find XF/XF details or better in 11 of 13 years. The exceptions are 1879 and 1893 where I was able to find VF and VF details respectively. Only a few of the 13 are graded and of those, the only "detail" coins are 1889 and 1893. I'm not crazy about low cost/valued graded & slabbed coins, but in the case of the years where they are valued so much higher, like 1889 of course, a graded coin seemed to make sense - especially with the counterfeit problem. I like what I wound up with, but the grading seems confusing - it doesn't seem logical to me. </p><p><br /></p><p>The 1889 is in an older ANACS holder, graded XF details, NET VF20 because of a scratch on the reverse - and not such a bad scratch, really, for a circulated coin. Looking at purely graded VF20 coins, there's a huge difference. So, while I think I understand the logic of a NET grade - like what it adds up to considering all factors - in this case, why would the NET grade go all the way to the bottom of the VF fine grade ladder, rather than just dropping to VF 30 or 35? Maybe this is why they don't provide net grades anymore? I notice that now they just say XF details and that's it. Some pictures are attached. [ATTACH]134834.vB[/ATTACH][ATTACH]134835.vB[/ATTACH][ATTACH]134836.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 1252189, member: 31286"]I recently completed a set of Carson City Morgan dollars - at least one from every year anyway. I've tried to stick with high grade circulated coins, but in the case of the common hoard years I picked up some better grades because they were available at relatively low cost. I was able to find XF/XF details or better in 11 of 13 years. The exceptions are 1879 and 1893 where I was able to find VF and VF details respectively. Only a few of the 13 are graded and of those, the only "detail" coins are 1889 and 1893. I'm not crazy about low cost/valued graded & slabbed coins, but in the case of the years where they are valued so much higher, like 1889 of course, a graded coin seemed to make sense - especially with the counterfeit problem. I like what I wound up with, but the grading seems confusing - it doesn't seem logical to me. The 1889 is in an older ANACS holder, graded XF details, NET VF20 because of a scratch on the reverse - and not such a bad scratch, really, for a circulated coin. Looking at purely graded VF20 coins, there's a huge difference. So, while I think I understand the logic of a NET grade - like what it adds up to considering all factors - in this case, why would the NET grade go all the way to the bottom of the VF fine grade ladder, rather than just dropping to VF 30 or 35? Maybe this is why they don't provide net grades anymore? I notice that now they just say XF details and that's it. Some pictures are attached. [ATTACH]134834.vB[/ATTACH][ATTACH]134835.vB[/ATTACH][ATTACH]134836.vB[/ATTACH][/QUOTE]
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Dilemmas and confusion trying to complete CC Morgan collection
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