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<p>[QUOTE="Lehigh96, post: 26062375, member: 15309"]A few things to consider, the severe friction on the breast, stomach, and knee are all considered cabinet/roll friction. If they were not, the coin would have to be graded AU and not mint state. Ask [USER=112]@GDJMSP[/USER], Doug would probably grade this coin no higher than AU55.</p><p><br /></p><p>The other problem is that the TPGs have always followed the practice of ranking ultra rarities rather than grading them. The coins are graded against each other instead of graded against a standard. If a coin is unique, it doesn't really matter what the assigned grade is on the label. In this case however, it seems dangerous to intentionally overgrade the coin since we know that there are other specimens that may enter the market in the future.</p><p><br /></p><p>That said, when the obverse friction is ignored, I don't think an MS65 grade is completely out of line. I haven't seen the coin in hand, and my guess is that the luster is better than the photos make it appear.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 26062375, member: 15309"]A few things to consider, the severe friction on the breast, stomach, and knee are all considered cabinet/roll friction. If they were not, the coin would have to be graded AU and not mint state. Ask [USER=112]@GDJMSP[/USER], Doug would probably grade this coin no higher than AU55. The other problem is that the TPGs have always followed the practice of ranking ultra rarities rather than grading them. The coins are graded against each other instead of graded against a standard. If a coin is unique, it doesn't really matter what the assigned grade is on the label. In this case however, it seems dangerous to intentionally overgrade the coin since we know that there are other specimens that may enter the market in the future. That said, when the obverse friction is ignored, I don't think an MS65 grade is completely out of line. I haven't seen the coin in hand, and my guess is that the luster is better than the photos make it appear.[/QUOTE]
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