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hone your grading skills -- indian quarter eagle
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<p>[QUOTE="Leadfoot, post: 310292, member: 2972"]The coin graded AU 58 by PCGS.</p><p><br /></p><p>My subjective opinion on the coin & grade:</p><p><br /></p><p>Although I can spot MS 64/65 examples, in lower mint state and AU examples, frankly, I have no idea how to grade these coins. When I saw the coin, AU 58 sounded good, the coin looked nice to my eye particularly next to most of the 61s and 62s I had seen, and was fairly priced.</p><p><br /></p><p>I do know that the coin has quite a bit of mint luster left, and that's something I always look for in an AU coin. Interestingly enough, it is this very same luster that is often not present on low MS examples, many of which I passed on before choosing this AU coin. It also has some "skin" that I like to see on gold coins indicating that they have not been recently dipped (who knows for sure, though, and gold is anything but my thing). There are a quite a few light circulation marks and the dig (or planchet void?) on the reverse that surely account to a large extent for the grade, but really none of them bother me much in an AU coin.</p><p><br /></p><p>FWIW, this was one of my first gold purchases, and one that still brings me great joy -- and that's not something I can say for all of the early purchases. The coin is now raw and lives in a Dansco 7070. </p><p><br /></p><p>Thanks to everyone who commented & guessed. I hope you all have the most Happy of Holidays and joyous New Year, but most of all, have fun...Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 310292, member: 2972"]The coin graded AU 58 by PCGS. My subjective opinion on the coin & grade: Although I can spot MS 64/65 examples, in lower mint state and AU examples, frankly, I have no idea how to grade these coins. When I saw the coin, AU 58 sounded good, the coin looked nice to my eye particularly next to most of the 61s and 62s I had seen, and was fairly priced. I do know that the coin has quite a bit of mint luster left, and that's something I always look for in an AU coin. Interestingly enough, it is this very same luster that is often not present on low MS examples, many of which I passed on before choosing this AU coin. It also has some "skin" that I like to see on gold coins indicating that they have not been recently dipped (who knows for sure, though, and gold is anything but my thing). There are a quite a few light circulation marks and the dig (or planchet void?) on the reverse that surely account to a large extent for the grade, but really none of them bother me much in an AU coin. FWIW, this was one of my first gold purchases, and one that still brings me great joy -- and that's not something I can say for all of the early purchases. The coin is now raw and lives in a Dansco 7070. Thanks to everyone who commented & guessed. I hope you all have the most Happy of Holidays and joyous New Year, but most of all, have fun...Mike[/QUOTE]
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hone your grading skills -- indian quarter eagle
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