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An unfair "guess the grade" (Revealed)

Posted: Fri Nov 20, 2020 5:41 pm
by DHalladay
I have not seen this coin in person.
It may be lovely in hand.
Some coins photograph better than others.
Some coins photograph worse.
It is graded by PCGS.

What grade does this coin look like to you?
It looks like MS63 to me.

obv.jpg
obv.jpg (291.62 KiB) Viewed 959 times
rev.jpg
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Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 6:01 pm
by collectinsince65
Looks like a 62 to me Dennis

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 6:23 pm
by iceman
Denis
With the chatter marks and and what not a MS62 is my guess .

John

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 7:20 pm
by vamnuke
62

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 8:14 pm
by colwillys
AU 58 The REV is bad .

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 8:21 pm
by Vam-mysterio
Dennis:Very nice Vam 39
Grade:best guess 62

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 8:28 pm
by shortnock
Wow! What a great find! No matter the grade!

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 8:33 pm
by DHalladay
shortnock wrote:
Fri Nov 20, 2020 8:28 pm
Wow! What a great find! No matter the grade!

It is not my coin. I found it in an auction. I copied the photos and posted them here as an educational experience.

Re: An unfair "guess the grade"

Posted: Fri Nov 20, 2020 9:38 pm
by messydesk
Since this is an unfair GTG used for educational purposes, I may as well guess 64, and then explain why.

Heritage's glamour shots are usually pretty bad, high contrast, and accentuate every light scuff such that it looks like someone forgot to replace their divot. I'm guessing the image in the slab is much easier on the eyes and makes sense for a higher grade than one would at first guess for this picture. I really don't see any egregious actual divots in the prime focal areas. The fields are also fairly clean. Yes, they're marked, but I'm not talking about a really high grade. Would I buy this as a 64 from the above picture alone? No way.

Re: An unfair "guess the grade"

Posted: Sat Nov 21, 2020 12:19 am
by JohnGoldsmith
63 on a good day for you. Without coin in hand 62+. The hit on the reverse concerns me and the chatter on the neck.
Since it is this year and mint I would not buy this coin and put a lot of cash on the table with out getting it graded at a good TPG service. It might go AU58. I would pass on this coin raw, as a dealer would put a very high grade on it.

Re: An unfair "guess the grade"

Posted: Sat Nov 21, 2020 2:06 am
by JASONKFLO
MS-62 has to many deep hits for me.

Re: An unfair "guess the grade"

Posted: Sat Nov 21, 2020 3:44 am
by RogerB
Unc-62. The 'canyon' on the reverse is enough to block any better "grade." The obverse might look nicer in a slab, but it's still filled with coin hopper abrasions.

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 4:12 am
by DHalladay
If I were the consignor I would be incensed at the closeup photo lighting & angle that were used.

MS65.jpg
MS65.jpg (161.42 KiB) Viewed 845 times

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 5:56 am
by fogie
wow!

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 6:01 am
by messydesk
As I was saying, regarding those Heritage glam shots, but 65 sure didn't come to mind.

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 11:27 am
by ljs123
Thanks for the demonstration Dennis.
Nice

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 12:30 pm
by vamnuke
:shock:

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 12:38 pm
by vamnuke
Using the TPG price guide, and assuming 62, most of us were thinking ballpark ~$900 retail vice $10k retail actual! :?

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 2:23 pm
by iceman
To All
And the winning bid was 4.56K which is way low for a 65 and way high for a 64 . But ussually 65 is in the 7-10K ballpark
for a top of POP VAM , Yep I was looking at that one on Heritage also but didnt think it was a 65 for my collection .
Humm I guess Buy the coin and Not the Holder really applies to this Coin !!! LOL , I even passed on it , LOL .
But Great exercise in this Post for guessing the grades and really proving a point !!! Hats OFF to you !!!

John

Re: An unfair "guess the grade" (Revealed)

Posted: Sat Nov 21, 2020 2:59 pm
by iceman
Hi To All
On Stacks a 1879S rev 78 MS65 PCGS ( VAM 9 not attributted ) just went for 10.8K on the 18 of Nov 2020 .
So this coin is a example of buy the coin not the holder , Big Time . Just really strange stuff I guess !! LOL
And Like I said I didnt even bid on it ( Heritage Coin) . Humm strange times I guess . 2 examples of a Technical Grade( SAME ) that have a Big differential in dollars .

Sold $10,800
LOT DESCRIPTION
Premium Gem Mint State 1879-S Dollar

Scarce Reverse of 1878 Hub Variety

1879-S Morgan Silver Dollar. Reverse of 1878. Top 100 Variety. MS-65 (PCGS). CAC. OGH. LOT 6305