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<p>[QUOTE="GDJMSP, post: 324168, member: 112"]Mike I don't think it's so much how you and I define terms as it is how PCGS defines terms. So let's talk about that for a minute. Yes the term is subjective, but it's not that subjective. And when discussing how they grade it is how they define the terms that we should consider.</p><p><br /></p><p>Wouldn't you say that when PCGS says "slight wear" for one coin that the term should at least mean close to the same thing for another coin ? And the reason I am using this term as an example is to talk about AU58 coins in general. When you or I or anybody else describes an AU58 coin, perhaps th easiest way to do that is to say the coin has slight wear. Is that not accurate ? Any description you look for any coin in the PCGS standards, when they describe an AU58 coin they say slight wear.</p><p><br /></p><p>So OK, let's look at another coin or two that PCGS has graded as AU58. And let's make it a coin that is known for being weakly struck, just like your coin. Let's look at a couple of Morgans first. Now before you get excited, I know that Morgans can't be compared to gold dollars, but I'm not trying to compare them. I'm providing an example of how PCGS defines their own term slight wear.</p><p><br /></p><p>So here's 2 Morgan dollars, both from the O mint which is notorious for weakly struck coins. <a href="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=5603&src=pr#PHOTO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=5603&src=pr#PHOTO" rel="nofollow">Link 1</a> <a href="http://coins.ha.com/common/view_item.php?Sale_No=455&Lot_No=9822&src=pr#PHOTO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=455&Lot_No=9822&src=pr#PHOTO" rel="nofollow">Link 2</a></p><p><br /></p><p>Now on both of those coins graded AU58, there is slight wear. Yes the hair detail is weakly struck and it shows. But the coin is nearly fully lustrous with the exception of the areas where there is slight wear. But if you were to compare the amount of wear on either or both of these coins to the amount of wear on your coin - there is no comparison.</p><p><br /></p><p>Now some might say yeah but you are comparing a very large coin to a very small coin. OK, let's look at another very small coin. The 1916-S Mercury dime. Again, AU58 examples graded by PCGS, and again with slight wear. <a href="http://coins.ha.com/common/view_item.php?Sale_No=27112&Lot_No=13258&src=pr#photo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=27112&Lot_No=13258&src=pr#photo" rel="nofollow">Link 3</a> <a href="http://coins.ha.com/common/view_item.php?Sale_No=22093&Lot_No=15335&src=pr#photo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=22093&Lot_No=15335&src=pr#photo" rel="nofollow">Link 4</a> </p><p><br /></p><p>Now everything I said about the Morgans above applies to these coins as well. The amount of slight wear on these when compared to your coin is again no comparison.</p><p><br /></p><p>In all fairness, I think we also need to now look at coins graded VF35 by PCGS in order to judge how they define their grading terms. So here's some Morgans and some Mercury dimes graded VF35 by PCGS. </p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=5461&src=pr#PHOTO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=5461&src=pr#PHOTO" rel="nofollow">Link 5</a> <a href="http://coins.ha.com/common/view_item.php?Sale_No=27121&Lot_No=11625&src=pr#PHOTO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=27121&Lot_No=11625&src=pr#PHOTO" rel="nofollow">Link 6</a> <a href="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=1956&src=pr#PHOTO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=1956&src=pr#PHOTO" rel="nofollow">Link 7</a> <a href="http://coins.ha.com/common/view_item.php?Sale_No=267&Lot_No=5759&src=pr#PHOTO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=267&Lot_No=5759&src=pr#PHOTO" rel="nofollow">Link 8</a></p><p><br /></p><p>Now if you look at these 8 coins I have posted and use them as a comparative measure to judge how PCGS defines their terms regarding wear - then I think these are pretty good examples. They clearly show the difference as to what PCGS considers and AU58 coin looks like when compared to a VF35 coin. And even though I used coins vastly different from another for the comparison the way the two grades do compare to one another is patently obvious. It is also quite consistent in that regard.</p><p><br /></p><p>That being the case, I would see no reason whatsoever to expect that there should be and difference in how they grade the 1 dollar gold when comparing the two grades of AU58 & VF35. This is why I say that PCGS does not even follow their own standards. Especially in how they define th edifferences in between the terms slight wear and considerable wear.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Rather obviously I can't, because they don't grade them correctly - even based on their own standards.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 324168, member: 112"]Mike I don't think it's so much how you and I define terms as it is how PCGS defines terms. So let's talk about that for a minute. Yes the term is subjective, but it's not that subjective. And when discussing how they grade it is how they define the terms that we should consider. Wouldn't you say that when PCGS says "slight wear" for one coin that the term should at least mean close to the same thing for another coin ? And the reason I am using this term as an example is to talk about AU58 coins in general. When you or I or anybody else describes an AU58 coin, perhaps th easiest way to do that is to say the coin has slight wear. Is that not accurate ? Any description you look for any coin in the PCGS standards, when they describe an AU58 coin they say slight wear. So OK, let's look at another coin or two that PCGS has graded as AU58. And let's make it a coin that is known for being weakly struck, just like your coin. Let's look at a couple of Morgans first. Now before you get excited, I know that Morgans can't be compared to gold dollars, but I'm not trying to compare them. I'm providing an example of how PCGS defines their own term slight wear. So here's 2 Morgan dollars, both from the O mint which is notorious for weakly struck coins. [URL="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=5603&src=pr#PHOTO"]Link 1[/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=455&Lot_No=9822&src=pr#PHOTO"]Link 2[/URL] Now on both of those coins graded AU58, there is slight wear. Yes the hair detail is weakly struck and it shows. But the coin is nearly fully lustrous with the exception of the areas where there is slight wear. But if you were to compare the amount of wear on either or both of these coins to the amount of wear on your coin - there is no comparison. Now some might say yeah but you are comparing a very large coin to a very small coin. OK, let's look at another very small coin. The 1916-S Mercury dime. Again, AU58 examples graded by PCGS, and again with slight wear. [URL="http://coins.ha.com/common/view_item.php?Sale_No=27112&Lot_No=13258&src=pr#photo"]Link 3[/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=22093&Lot_No=15335&src=pr#photo"]Link 4[/URL] Now everything I said about the Morgans above applies to these coins as well. The amount of slight wear on these when compared to your coin is again no comparison. In all fairness, I think we also need to now look at coins graded VF35 by PCGS in order to judge how they define their grading terms. So here's some Morgans and some Mercury dimes graded VF35 by PCGS. [URL="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=5461&src=pr#PHOTO"]Link 5[/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=27121&Lot_No=11625&src=pr#PHOTO"]Link 6[/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=454&Lot_No=1956&src=pr#PHOTO"]Link 7[/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=267&Lot_No=5759&src=pr#PHOTO"]Link 8[/URL] Now if you look at these 8 coins I have posted and use them as a comparative measure to judge how PCGS defines their terms regarding wear - then I think these are pretty good examples. They clearly show the difference as to what PCGS considers and AU58 coin looks like when compared to a VF35 coin. And even though I used coins vastly different from another for the comparison the way the two grades do compare to one another is patently obvious. It is also quite consistent in that regard. That being the case, I would see no reason whatsoever to expect that there should be and difference in how they grade the 1 dollar gold when comparing the two grades of AU58 & VF35. This is why I say that PCGS does not even follow their own standards. Especially in how they define th edifferences in between the terms slight wear and considerable wear. Rather obviously I can't, because they don't grade them correctly - even based on their own standards.[/QUOTE]
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hone your grading skills -- type 2 gold dollar
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