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<p>[QUOTE="Hobo, post: 1130556, member: 11521"]I disagree. If the coin is uncirculated it deserved an MS grade, not an AU grade. You simply do not knock an uncirculated coin down to AU just because it has no luster or too many bag marks. With little to no luster (and no evidence of circulation) the coin should grade MS-60 to MS-62. A coin graded AU-58 should have very slight wear and GREAT luster.</p><p> </p><p>From the ANA Grading Standards for US Coins (6th Edition):</p><p> </p><p><br /></p><p> </p><p>Don't be fooled by the numerical grades of high AU and low MS coins. Just because 58 is a lower number than 60 and 61 does not mean the AU-58 coin will have less eye appeal than the MS-60 or MS-61 coin. On the contrary, usually a coin graded AU-58 will have much greater eye appeal, more luster, less bag marks, etc. than a coin graded MS-60 or MS-61. </p><p> </p><p>Remember, AU-58 is the HIGHEST grade for a circulated coin and MS-60 and MS-61 are the LOWEST grades for uncirculated coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 1130556, member: 11521"]I disagree. If the coin is uncirculated it deserved an MS grade, not an AU grade. You simply do not knock an uncirculated coin down to AU just because it has no luster or too many bag marks. With little to no luster (and no evidence of circulation) the coin should grade MS-60 to MS-62. A coin graded AU-58 should have very slight wear and GREAT luster. From the ANA Grading Standards for US Coins (6th Edition): Don't be fooled by the numerical grades of high AU and low MS coins. Just because 58 is a lower number than 60 and 61 does not mean the AU-58 coin will have less eye appeal than the MS-60 or MS-61 coin. On the contrary, usually a coin graded AU-58 will have much greater eye appeal, more luster, less bag marks, etc. than a coin graded MS-60 or MS-61. Remember, AU-58 is the HIGHEST grade for a circulated coin and MS-60 and MS-61 are the LOWEST grades for uncirculated coins.[/QUOTE]
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