The grading results are back for the 1903 Proof Peso that I submitted to NGC.

NGC gave the coin a grade of PF64. In my opinion this coin is a solid PF65 and possibly PF66 so I may resubmit it at a later date, particularly if I can do so during a Meet the Grader Session at one of the ANA shows. in the past I have had some luck with having undergraded proofs upgraded and this beauty certainly deserves another review.

While the PF 64 rating is disappointing it is still a beautiful coin and far superior in eye appeal to the PF63 coin currently in the 1903-1906 Peso slot in my Registry Sets.

Even with the PF64 rating I will still pick up an additional 279 points for my USA/Philippines Type Set:

http://coins.www.collectors-society.com/registry/coins/SetListing.aspx?PeopleSetID=51257

When I add the PF64 Peso to my Registry Sets I will have enough points to move my USA/Philippine Type Set to the second ranked set in its category. It will also raise the average grade for the coins in my Type Set to MS/PF 64.90.

Proof 64 Large Pesos are still pretty rare birds particularily ones with great eye appeal. The NGC population for the 1903 Peso in PF64 is 5 coins with only 23 specimens graded higher. The PCGS population is a little higher at 27/21. With a combined NGC/PCGS population of 32/44 a 1903 PF64 Peso is still a VERY RARE (R-7) coin and a nice addition to my collection.

As soon as I get the High Resolution (300 DPI) images back from NGC I will post pictures in a Journal entry and you can make your own judgement regarding the grade.

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