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<p>[QUOTE="Lehigh96, post: 491049, member: 15309"]Wow, I think I really explained my point about luster badly. What I meant was that you can have an MS67 Morgan Dollar with frosty luster or one with semi-prooflike surfaces and both are acceptable even though they are different. With strike, the design is the same. If a particular mint decided to reduce striking pressure in order to prolong die life, that should not entitle those coins to an artificially higher grade that dismisses the weak strike. I believe it should be just the opposite. The well struck examples from that mint with should be the only ones with the shot at gem status which would make them more rare and valuable.</p><p><br /></p><p>Just because the TPG's make allowances for strike or luster based on different minting conditions, does not mean they should. It is a matter of opinion. I think that if they did not make these allowances, collectors would understand the grading practices more and it would give their grades more validity and credibility. Otherwise, they should provide a written document with each graded coin that explains the grade and the allowances made. Now we know that is ridiculous and never going to happen. I say, forget how the coin was made, and simply grade the result. If it is poorly struck, MS64 or below.</p><p><br /></p><p>This may surprise most here, but I actually despise when the TPG's bump coins based on eye appeal for superb toning. I understand that they are trying to market grade the coin to a certain dollar amount, but that amount is never the actual market price of the coin anyway, so the bump in grade is meaningless. Of course there are exceptions, but it makes no difference to me if the rainbow toned common date Morgan Dollar is MS63 or MS64, I am going to pay the same price.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 491049, member: 15309"]Wow, I think I really explained my point about luster badly. What I meant was that you can have an MS67 Morgan Dollar with frosty luster or one with semi-prooflike surfaces and both are acceptable even though they are different. With strike, the design is the same. If a particular mint decided to reduce striking pressure in order to prolong die life, that should not entitle those coins to an artificially higher grade that dismisses the weak strike. I believe it should be just the opposite. The well struck examples from that mint with should be the only ones with the shot at gem status which would make them more rare and valuable. Just because the TPG's make allowances for strike or luster based on different minting conditions, does not mean they should. It is a matter of opinion. I think that if they did not make these allowances, collectors would understand the grading practices more and it would give their grades more validity and credibility. Otherwise, they should provide a written document with each graded coin that explains the grade and the allowances made. Now we know that is ridiculous and never going to happen. I say, forget how the coin was made, and simply grade the result. If it is poorly struck, MS64 or below. This may surprise most here, but I actually despise when the TPG's bump coins based on eye appeal for superb toning. I understand that they are trying to market grade the coin to a certain dollar amount, but that amount is never the actual market price of the coin anyway, so the bump in grade is meaningless. Of course there are exceptions, but it makes no difference to me if the rainbow toned common date Morgan Dollar is MS63 or MS64, I am going to pay the same price.[/QUOTE]
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