Two identical coins were offer for auction by Heritage Auction in June 2017 which are NGC MS 63 and MS 62, in general practice most of us may hold the norm that the 1-mark-difference does not contain much different in coin condition or transaction price. However, this norm was not valid until the exceptional case as shown.
Let have a look for the background information as below:
1. Straits Edward 50 cents 1902 NGC MS 63
Lot description:
Straits Settlements
British Colony. Edward VII 50 Cents 1902 MS63 NGC, KM23, Prid-30. Moderate gray-brown and golden coloration blankets the surfaces, and there are few underlying marks of apparent significance. A choice coin for the collector seeking a Select example of this first Edward VII issue.
2. Straits Edward 50 cents 1902 PCGS MS 62
Lot description:
Straits Settlements
British Colony. Edward VII 50 Cents 1902 MS62 PCGS, KM23, Prid-30. A pleasing, highly original example of this very scarce date at the Mint State level, with light russet tone around the edges and soft gray centers. In terms of eye-appeal, even finer than the NGC-graded MS63 that we sold in June of 2016 for $2,629.
Question: How big the price gap among of these coins?
Please click for the answer
Source： Heritage Auction
