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<p>[QUOTE="cdcda, post: 525793, member: 941"]First, I'll say the coin was sold as an MS64 by a well known and long time dealer to a high end collector from whom I purchased the coin. The collector, who had been concentrating on Morgan dollars for quite some time... purchasing both slabbed and raw... felt it to be an MS64 and possibly an MS65. All that in mind, a few things to think about...</p><p><br /></p><p>1. Is it wear on the high points of the obverse, or is it a weak strike as is not uncommon with an 1898-S?</p><p><br /></p><p>2. The marks evident in the photo, especially the "scrapes" across the cheek are not even noticeable to the naked eye. In fact, it's hard to even notice them at 10X. The camera however, and the lighting, brought them right out.</p><p><br /></p><p>3. Most important of all... and I'd love to hear people's thoughts on this one... what does it mean to be a mint state coin? Is an MS65 that has a touch of wear (not talking this coin in particular but generally speaking) to be degraded to an AU or do all of the other factors keep it a mint state coin? And, what exactly constitutes wear?[/QUOTE]</p><p><br /></p>
[QUOTE="cdcda, post: 525793, member: 941"]First, I'll say the coin was sold as an MS64 by a well known and long time dealer to a high end collector from whom I purchased the coin. The collector, who had been concentrating on Morgan dollars for quite some time... purchasing both slabbed and raw... felt it to be an MS64 and possibly an MS65. All that in mind, a few things to think about... 1. Is it wear on the high points of the obverse, or is it a weak strike as is not uncommon with an 1898-S? 2. The marks evident in the photo, especially the "scrapes" across the cheek are not even noticeable to the naked eye. In fact, it's hard to even notice them at 10X. The camera however, and the lighting, brought them right out. 3. Most important of all... and I'd love to hear people's thoughts on this one... what does it mean to be a mint state coin? Is an MS65 that has a touch of wear (not talking this coin in particular but generally speaking) to be degraded to an AU or do all of the other factors keep it a mint state coin? And, what exactly constitutes wear?[/QUOTE]
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