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<p>[QUOTE=&quot;Lehigh96, post: 1767372, member: 15309&quot;]The graders who work at PCGS and NGC are professionals, they do it for a living. Do you guys really think that they see the wear that we think is so obvious and are simply content to ignore it? Something else must be going on here. They must know something that we don&#039;t. How many people who have posted in this thread collect $3 gold?&nbsp; How many people who have posted in this thread have even seen an AU/MS $3 gold piece?</p><p>&nbsp;</p><p>I know very little about this series and every series of coin has its own grading intricacies. After viewing Heritage Auction archives for Mint State 1878 $3 gold coins, I have come to the conclusion that what we are seeing in the fields of these coins is not wear, rather a luster effect caused by the striking of the coin. The effect appears on most mint state graded coins including those at the gem &amp; premium gem level (see example below)</p><p>&nbsp;</p><p><a href="http://coins.ha.com/c/item.zx?saleNo=1151&amp;lotNo=5061" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1151&amp;lotNo=5061" rel="nofollow"><b><span style="font-size: 13px"><font face="Arial"><span style="color: #5f5e5f">1878 $3 MS66 PCGS. CAC</span></font></span></b></a></p><p>&nbsp;</p><p><img src="http://dyn1.heritagestatic.com/lf?set=path%5B6%2F1%2F6%2F8%2F6168525%5D%2Csizedata%5B450x2000%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>&nbsp;</p><p>Since I have very little knowledge &amp; experience with this series and considering that the photographs in the Heritage auction archives suggests that what we are seeing is not wear in the fields, I am inclined to accept the assigned grades by PCGS.[/QUOTE]</p><p><br /></p>

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