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<p>[QUOTE=&quot;Leadfoot, post: 298161, member: 2972&quot;]You are correct.&nbsp; NGC graded it 62 BN....</p><p><br /></p><p>My subjective opinion on the coin:</p><p><br /></p><p>The coin is a nice AU coin.&nbsp; It suffers from a touch of a weak strike centrally on the obverse, but it also does have a touch of high-point wear.&nbsp; There is a spot near star #6 and a discoloring (which appears less in-hand) around the date, which both limit the grade.&nbsp; The ticks on Liberty&#039;s cheek are pretty well shown on the photo and also detract from the grade.&nbsp; </p><p><br /></p><p>This is another example of a market graded coin -- an eample of what you sometime hear called an &quot;AU 62&quot;.&nbsp; If you look at most AU coins, very rarely will you see mint red, so I think that NGC (in addition to their general overgrading) gave this coin the bump into MS as a result.&nbsp;&nbsp; I think you will find the majority of 62s are either nice AU coins or problematic MS coins and in both cases net graded -- a true 62 is a fairly rare grade, in my opinion, particularly outside of gold issues.</p><p><br /></p><p>It is also interesting to note that if you look at the prices of these coins, you&#039;ll see the spread is fairly close between these grades, so it&#039;s not like the price doubles for this small bump in grade (an important factor when you look at net-graded coins (or any coins for that matter), and always be extra careful with evaluating coins that go up/down greatly with a small increases/decrease in grade).</p><p><br /></p><p>Anyway, I hope you enjoyed this thread and you all had a very happy Thanksgiving...Mike[/QUOTE]</p><p><br /></p>

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