How did this Morgan earn a 65? What are folks thinking over at NGC?

Thank you Kevo. Good to learn new stuff.

 

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NGC started the GSA holder grading in July 2003.

If my understanding of Conder's post (NGC Slabs) is correct, NGC switched to the ANA crescent logo (on the hologram) in November 2003. So, with this hologram having the old ANA lamp logo, it would have been graded sometime between July and November 2003.

 

Thanks!

 

After reading this thread, I did some research and found a very informative thread from last year.

Should a significant mark in a prime focal area prevent a gem grade?

FWIW, I agree with Krypto that the coin would be an MS66 without the mark on the eagle's breast and that while an MS64 grade is more deserved, the fact that the coin is a GSA CC could help explain the MS65 grade.

 

That mark on the eagles breast was not caused by a hit in the bag by another coin , it's more of a deep slash , and should be BB . Do you think they would grade that coin if it were on Libertys cheek ?
rzage

 

Um, it was a GSA coin. While it doesn't appear to be a reed mark, where else would it have gotten such a hit if not in the bag it was stored in?

 

If it left the mint that way, is it really damaged?