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<p>[QUOTE=&quot;The_Cave_Troll, post: 362631, member: 1674&quot;]I think you may be confused.&nbsp; That coin was never AU, it has always been a proof.&nbsp; It was catalogged decated ago as an impaired proof based on the chatter/reed marks on the coinand was assigned a net grade in the 50&#039;s.&nbsp; Since then it has sold at auction twice with no grade assigned because the cataloggers each time knew what it had been called before and that the actual grade was irrelevant to its value.&nbsp; It had never been seen by a grading company prior to NGC certifying it and they called it a 62.&nbsp; That grade more accurately describes how bust dollars are graded right now than a PR58 would have, though the price realized wouldn&#039;t likely have changed because this coin is ranked among the Class 1 1804&#039;s and whether it is a 50 or 58, or 62 it&#039;s rank remains the same.</p><p><br /></p><p>this is one of the rare cases where the grader(s) were acutely aware of who owned the coin, who submitted the coin, and the irrelevance of what grade they actually assigned to it as long as they didn&#039;t disrupt the coins position in the condition census.[/QUOTE]</p><p><br /></p>

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