Will Greysheet Consider Grading Coins Designated with Star (★) or Plus (+) in the Future?
The most compelling reason for pricing Plus (+) coins pop-top items, like MS67+ where there are no, or just a few MS68 examples. In these cases, we feel that auction records best illustrate the market values, at least for the time being.
We will always keep an eye on the market and consider pricing for alternate grade variations like star and plus. At the moment, we don’t have specific ideas for these two areas, but that could certainly change, especially for plus grades. There are several reasons for this, foremost, that we still feel that we haven't yet covered all the regular prices in the U.S. catalog, including cameo and DCAM proof coins, pattern coinage and so on.
A second reason is that, for many coins, we already cover a huge amount of potentially redundant pricing. How many prices do we relaly need for a single Morgan dollar. Think about this. We have over 177 distinct prices for the 1878-CC Morgan dollar, and we're still not complete with VAM varieties:
- (114) prices for regular 1878-CC Morgan dollar
- (36) prices for 1878-CC Proof-like (PL) Morgan dollar
- (27) prices for 1878-CC Deep Mirror Proof-like (DMPL) Morgan dollar
- There a (5) major VAM varieties for the 1878-CC which will still haven't had time to price yet!
So, as you can see it feels like we're almost over-pricing some coins which can be problematic.
The most compelling reason for pricing Plus (+) coins pop-top items, like MS67+ where there are no, or just a few MS68 examples. In these cases, we feel that auction records best illustrate the market values, at least for the time being.
Download the Greysheet app for access to pricing, news, events and your subscriptions.
Subscribe Now.
Subscribe to Monthly Greysheet for the industry's most respected pricing and to read more articles just like this.
Visit these great CDN Sponsors
CDN Sponsors
Author: John Feigenbaum
The President, CEO and managing partner at CDN Publishing, John Feigenbaum, has been a professional numismatist since 1979. Formerly president of David Lawrence Rare Coins, John has taken on Publishing and executive responsibilities for CDN Publishing. John has written for numerous trade publications and published "The Complete Guide to Washington Quarters" in 1991. In 2014, John received the PNG Abe Kosoff Founders Award for "his steadfast dedication to the entire numismatic community".
