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GTG-1840 No Drapery Liberty Seated Half Dime
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<p>[QUOTE="johnmilton, post: 7771002, member: 101855"]And sometimes giving that AU-58 an MS-63 is just a bunch of bunk. Here's the coin that finally soured me on the high priced U.S. coin market. PCGS graded this thing MS-63 and CAC put a sticker on it. Look at the reverse field above the eagle's head. I think they call that "rub." There is a lesser amount of rub around Ms. Liberty's portrait.</p><p><br /></p><p><br /></p><p>[ATTACH=full]1332649[/ATTACH] [ATTACH=full]1332650[/ATTACH]</p><p><br /></p><p>The Classic Head gold coins are very expensive in true MS-63 and rightly so. They got a lot of use for a gold coin, and they are truly scarce in MS-63 or better for any date.</p><p><br /></p><p>This piece missed the mark. If PCGS had called it an MS-62, it would have been a little push, but market grading says that is okay. Instead it got MS-63, which more than doubles the price.</p><p><br /></p><p>There is a string on the PCGS forum asking if CAC has relaxed their standards. From what I have seen, they have, right along with the "grade-flation" standards. I could not say that over there because the CAC weenies would jump on me and I'd get banned. But that's been my observation.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 7771002, member: 101855"]And sometimes giving that AU-58 an MS-63 is just a bunch of bunk. Here's the coin that finally soured me on the high priced U.S. coin market. PCGS graded this thing MS-63 and CAC put a sticker on it. Look at the reverse field above the eagle's head. I think they call that "rub." There is a lesser amount of rub around Ms. Liberty's portrait. [ATTACH=full]1332649[/ATTACH] [ATTACH=full]1332650[/ATTACH] The Classic Head gold coins are very expensive in true MS-63 and rightly so. They got a lot of use for a gold coin, and they are truly scarce in MS-63 or better for any date. This piece missed the mark. If PCGS had called it an MS-62, it would have been a little push, but market grading says that is okay. Instead it got MS-63, which more than doubles the price. There is a string on the PCGS forum asking if CAC has relaxed their standards. From what I have seen, they have, right along with the "grade-flation" standards. I could not say that over there because the CAC weenies would jump on me and I'd get banned. But that's been my observation.[/QUOTE]
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GTG-1840 No Drapery Liberty Seated Half Dime
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