Does a dull, boring, lackluster MS-63 become a great coin with pizzazz at MS-61?

[James_OldeTowne]

In other words, some coins just look dull at a given grade, say MS-63. It may be that the coin is overgraded by a point.

 

But imagine the grade on the slab magically changes to MS-61. Does that same coin then suddenly become really nice, a great coin to own and PQ?

 

Personally, I think this is often the case, but wonder what you think. In these cases, it just seems like a "downgrade" on the slab is really an "upgrade" for the hobby, so to speak...

[okbustchaser]

An undergraded 61 might be a better buy than the same coin in an overgraded 63 holder but it is still the same coin.

 

If the coin is "dull, boring, and lackluster" then it is "dull, boring, and lackluster" at any given grade.

[MarkFeld]

An undergraded 61 might be a better buy than the same coin in an overgraded 63 holder but it is still the same coin.

 

If the coin is "dull, boring, and lackluster" then it is "dull, boring, and lackluster" at any given grade.

I agree, to an extent. If the "dull, boring, and lackluster" MS63 coin magically appears in a 61 holder, it might be a bit less boring (since, on a relative basis, it is now a nicer coin for the assigned grade). But it will still be dull and lackluster.

 

On a number of occasions, I have seen a coin in one holder, and then subsequently, in a holder with a higher or lower grade. And the coin has looked better or worse, depending upon the new assigned grade. For example, I saw a business strike Barber half graded MS65 and it looked great. When I later saw it in a 67 holder, it did not look nearly as impressive.

[PerryHall]

Put a gold CAC sticker on it and some collectors will lose all common sense paying top dollar.

[World Colonial]

At least with the coins I collect, I do not consider most MS-61 specimens that attractive. Changing the label on the holder would not make any difference.

[physics-fan3.14]

As has been said - it is still the same coin. If you grade the coin, and buy the coin, not the holder, then it shouldn't make much difference what the slab says. Of course, in a 63 holder they are going to want to charge 63 money for it - which I will not pay. If I like the coin as a 61, then I would have no problem paying 61 money for it.

[michael]

Does a dull, boring, lackluster MS-63 become great coin with pizzazz at MS-61?

 

many times YES!! sometimes no

[WoodenJefferson]

There is a idiom present "This should easily up-grade" when you have a coin in a 61 grade that you feel should be in a stronger 63.

 

People that collect 65 grades look down on a 63 like they are a low life and those that ride the middle of the road look down on 61's, so who's to say.

 

I've seen plenty of MS-63's that do not have the "eye appeal" as some of the 61's (getting rarer to see coins 61 btw) I've seen. Did I feel like they were all under graded? NO There were technical issues with just about every low grade MS coin I've seen, and agreed with the graders even if I had to have some of the issues pointed out to me by more knowledgeable people.

 

To sum it up, 61 have their own niche in collecting, correctly graded 63's will always fall into the middle of the road...the crack out specialists have gone through 80% of the entire possible population of candidates, there will be that occasion where you might run across a likely candidate but the odds are getting slimmer at each coin show.

 

 

 

[leeg]

 

 

 

 

It's been sold.

[Coindude]

Lee, the problem here is.... that coin is not lackluster!!!!

[shirohniichan]

Even if the coin stays the same, the price on a coin based on the grade number may make me think a coin has a certain "pizzazz."

 

Let's see, the coin is priced at $1,200 in an MS62 holder.

 

A few months later the same coin is going for $600 in an AU58 holder.

[$ilverHawk]

I agree. This is not a problem coin. The grade of MS61 was assigned due to a weak strike. Nice toning.

 

$ilverHawk

[JJSingleton]

If the coin is truly dull, boring, and lackluster then the plastic or lack of plastic will not change the fact that the coin is dull, boring, and lackluster. But a change in plastic to two grades lower will make it much more marketable, as long as it is still not overgraded. And with your example of MS63 to MS61 the coin can easily remain overgraded as many MS63 coins belong in AU holders.

 

But, there is no doubt that there are many just boring coins that can be more attractive in a downgraded slab. Unlike dull and lackluster which are actual characteristics of the coin, boring is more of a state of mind and is easily changed by the situation. A good deal, which the downgrade may create, is rarely boring to most collectors.