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Peace Dollars (Is strike an element of grade?)
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<p>[QUOTE="CamaroDMD, post: 491095, member: 5233"]But they are more valuable...much more so. It's just like toning. Does toning raise the grade of a coin? Absolutely not, I know some TPGs do bump them...but the toning doesn't really raise the grade. A well struck example of a coin...especially a coin from a known weakly struck mint raises the value of the coin tremendously...just like attractive toning does.</p><p><br /></p><p>I fully agree with the ANA about strike. The coin's strike should be evaluated based on what is normal for that mint and date. As the MS grade gets higher, the strike does need to be better. "Mint state" means the state the coin came in from the mint. It's an evaluation primarily of the coin's condition and preservation...not the quality of it's manufacture. If it came from the mint with a poor strike, that's MS for that coin. Will a nicer struck example be worth more? Yes, of course. </p><p><br /></p><p>I guess my big question is, what do you think the strike standard to for a series should be? Do you find the best struck year of a series (for Morgan's: 1880-S or 1881-S) and hold the whole series to that level? Do you find an intermediately struck mint and date and say that is the "normal" strike for the series? Or what? These coins were minted for a long time under very different circumstances. You really can't hold them all to the same standard. A knowledgeable collector will know what years have good strikes or poor strikes and can judge the coin accordingly. But, in my opinion, the strike of a coin doesn't play a large part in the technical grade...although for upper MS coins, it does have some say.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 491095, member: 5233"]But they are more valuable...much more so. It's just like toning. Does toning raise the grade of a coin? Absolutely not, I know some TPGs do bump them...but the toning doesn't really raise the grade. A well struck example of a coin...especially a coin from a known weakly struck mint raises the value of the coin tremendously...just like attractive toning does. I fully agree with the ANA about strike. The coin's strike should be evaluated based on what is normal for that mint and date. As the MS grade gets higher, the strike does need to be better. "Mint state" means the state the coin came in from the mint. It's an evaluation primarily of the coin's condition and preservation...not the quality of it's manufacture. If it came from the mint with a poor strike, that's MS for that coin. Will a nicer struck example be worth more? Yes, of course. I guess my big question is, what do you think the strike standard to for a series should be? Do you find the best struck year of a series (for Morgan's: 1880-S or 1881-S) and hold the whole series to that level? Do you find an intermediately struck mint and date and say that is the "normal" strike for the series? Or what? These coins were minted for a long time under very different circumstances. You really can't hold them all to the same standard. A knowledgeable collector will know what years have good strikes or poor strikes and can judge the coin accordingly. But, in my opinion, the strike of a coin doesn't play a large part in the technical grade...although for upper MS coins, it does have some say.[/QUOTE]
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