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<p>[QUOTE=&quot;Lehigh96, post: 1075864, member: 15309&quot;]The coin is an MS65 graded in either 1988 or 1989 based upon the fact that it resides in an NGC generation 3 holder.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Peace%20Dollars/PD1922-DNGCMS65.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The 1923-D that I posted was graded over a decade ago.&nbsp; This coin was graded over two decades ago.&nbsp; One would think that if the grading standards had loosened over the years the members of CT would have guessed that the coin would grade higher.&nbsp; But yet again the majority guessed a lower grade.</p><p><br /></p><p>And remember, these aren&#039;t examples I searched through the Heritage archives to find.&nbsp; I didn&#039;t have to look any further than my own collection.&nbsp; So much for gradeflation.</p><p><br /></p><p>Now Doug will say that this proves nothing.&nbsp; He will say that you can&#039;t grade a coin from photos.&nbsp; He will say that we have not seen a Peace Dollar that has been graded in the last few years for comparison.&nbsp; If I post one that shows similar surfaces, he will complain that it is a different date and that you can&#039;t compare the two coins from different dates using the same standards.&nbsp; But take solace Doug, you graded the coin correctly.&nbsp; It was a PQ MS64/Low end MS65 in 1988 and it remains a PQ MS64/Low end MS65 today.</p><p><br /></p><p>And Doug, since you like to quote Q. David Bowers, here is one from THE EXPERT&#039;S GUIDE TO COLLECTING AND INVESTING IN RARE COINS.[/QUOTE]</p><p><br /></p>

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