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<p>[QUOTE="Lehigh96, post: 418683, member: 15309"]The practice of TPG's assigning a grade of BU is relatively common. If you submit a bulk submission of low end (MS60-62) uncirculated common date Morgan Dollars, you can pay a lower submission fee not to have them individually graded. The reason for this is that there is essentially no difference in price for these grades. The price does not change significantly until you get to MS63+. Therefore there is no benefit to have one of these coins encapsulated as an MS62 instead of an MS60 or MS61.</p><p><br /></p><p>NGC encapsulated a large group of coins from the Battle Creek collection in this same manner. Check out the link to this auction on E-Bay</p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2F1887-MORGAN-DOLLAR-BATTLE-CREEK-COLLECTION-NGC-UNCIRC_W0QQitemZ170254832642QQihZ007QQcategoryZ139811QQssPageNameZWDVWQQrdZ1QQcmdZViewItem" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2F1887-MORGAN-DOLLAR-BATTLE-CREEK-COLLECTION-NGC-UNCIRC_W0QQitemZ170254832642QQihZ007QQcategoryZ139811QQssPageNameZWDVWQQrdZ1QQcmdZViewItem" rel="nofollow">http://cgi.ebay.com/1887-MORGAN-DOLLAR-BATTLE-CREEK-COLLECTION-NGC-UNCIRC_W0QQitemZ170254832642QQihZ007QQcategoryZ139811QQssPageNameZWDVWQQrdZ1QQcmdZViewItem</a></p><p><br /></p><p>For grading purposes of your birthday present, you should consider it an MS62. Congrats and Happy B-Day.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 418683, member: 15309"]The practice of TPG's assigning a grade of BU is relatively common. If you submit a bulk submission of low end (MS60-62) uncirculated common date Morgan Dollars, you can pay a lower submission fee not to have them individually graded. The reason for this is that there is essentially no difference in price for these grades. The price does not change significantly until you get to MS63+. Therefore there is no benefit to have one of these coins encapsulated as an MS62 instead of an MS60 or MS61. NGC encapsulated a large group of coins from the Battle Creek collection in this same manner. Check out the link to this auction on E-Bay [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2F1887-MORGAN-DOLLAR-BATTLE-CREEK-COLLECTION-NGC-UNCIRC_W0QQitemZ170254832642QQihZ007QQcategoryZ139811QQssPageNameZWDVWQQrdZ1QQcmdZViewItem"]http://cgi.ebay.com/1887-MORGAN-DOLLAR-BATTLE-CREEK-COLLECTION-NGC-UNCIRC_W0QQitemZ170254832642QQihZ007QQcategoryZ139811QQssPageNameZWDVWQQrdZ1QQcmdZViewItem[/URL] For grading purposes of your birthday present, you should consider it an MS62. Congrats and Happy B-Day.[/QUOTE]
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