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<p>[QUOTE=&quot;ToughCOINS, post: 2027047, member: 20480&quot;]Your guess is probably just as good as anyone else&#039;s . . . beauty of this one is in the eye of the beholder, just as value is . . . if everyone collected error coins there just might be some sort of standard for both the assignment of grade and of value.&nbsp; Because error coins are a much thinner market than non-error coins, there has never been enough call for such standards.&nbsp; This coin is so extreme, that no standard is likely ever to be established, so you must fly by the seat of your pants.</p><p>&nbsp;</p><p>My own prespective on grading extreme error coins is the following . . . find those areas of the coin which attract most of your attention - whether the normal design elements, the joints where coins are bonded together, neat distortions, the clean lustrous fields, or other, and treat those areas as the focal areas used in grading non-error coinage.&nbsp; I like to think of grading these focal areas like I do the cheek on a Morgan Dollar.&nbsp; For those areas on which you are not focused, I would grade them much like I would the wing feathers on a Morgan Dollar . . . marks there are more easily and more acceptably overlooked.</p><p>&nbsp;</p><p>Less important than grading an error coin is valuing it.&nbsp; I&#039;ve never been as big a proponent of grading error coins as others seem to be . . . to me the value has more to do with the nature of the error than with the grade.&nbsp; If you&#039;ve just got to have it, and know you&#039;ll not see another like it for a very long time, you must decide which is worth more to you . . . the price being charged for this one today, or the time you&#039;ll invest searching for another plus the cost of that coin at that time.</p><p>&nbsp;</p><p>&nbsp;- Mike[/QUOTE]</p><p><br /></p>

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