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Guess the grade, Morgan Dollar....
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<p>[QUOTE="brg5658, post: 1933534, member: 29751"]Between NGC and PCGS, there are more than 450 graded examples of the 1880-S in MS68. There are 10 graded MS69 between the two companies. More than 85 have been approved by CAC. For that kind of massive mark-up (if $6K really is the price) then you could have nearly 10 graded MS67 coins.</p><p><br /></p><p>My point is, given the subjectivity of the graders -- unless you're a registry game player, $6K for a coin that common is questionably sane. Again, just my opinion, and to each his/her own. But, I would call it <b>quite common</b> in that grade given the population numbers I see. Of course, my definition of common varies from most, as I find it annoying to call anything rare unless there are only a few dozen ever minted. At best, I'd call it "<i><b>conditionally</b></i> scarce" -- and (even though grading from images) </p><p><br /></p><p>I wouldn't be too happy if I were the owner and saw that more than 80% of people guessing the grade here thought it was less than an MS68. I personally guessed MS67 -- again, given the limitations of grading from images. In the rarefied air of "MS68" a coin better just blow my socks off -- and this one was ho-hum IMO.</p><p><br /></p><p>Cheers.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1933534, member: 29751"]Between NGC and PCGS, there are more than 450 graded examples of the 1880-S in MS68. There are 10 graded MS69 between the two companies. More than 85 have been approved by CAC. For that kind of massive mark-up (if $6K really is the price) then you could have nearly 10 graded MS67 coins. My point is, given the subjectivity of the graders -- unless you're a registry game player, $6K for a coin that common is questionably sane. Again, just my opinion, and to each his/her own. But, I would call it [B]quite common[/B] in that grade given the population numbers I see. Of course, my definition of common varies from most, as I find it annoying to call anything rare unless there are only a few dozen ever minted. At best, I'd call it "[I][B]conditionally[/B][/I] scarce" -- and (even though grading from images) I wouldn't be too happy if I were the owner and saw that more than 80% of people guessing the grade here thought it was less than an MS68. I personally guessed MS67 -- again, given the limitations of grading from images. In the rarefied air of "MS68" a coin better just blow my socks off -- and this one was ho-hum IMO. Cheers.[/QUOTE]
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Guess the grade, Morgan Dollar....
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