Coin grading acronym PRAG 1 1

[Tincup2019]

Can anyone tell me what the acronym PRAG stands for in relation to coin grading.  Proof...Almost Good condition ????  Thanks 

 

Edited May 23, 2019 by Tincup2019
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[Just Bob]

It is the abbreviation for Poor-About Good, and covers the numeric grades 1-3. (Poor-1,  Fair-2,  and About Good - 3.)

Welcome to the NGC boards.

[Greenstang]

 

 

That looks like two different acronyms.

The Ag stands for About Good, which is a grade 3. The Pr  stands for Poor which is the lowest Grade but is usually known as PO.

You beat me to it Bob

 

Edited May 23, 2019 by Greenstang
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[Tincup2019]

Thanks for the responses.  I greatly appreciate it!

[Mokiechan]

So would FRAG be Fair/About Good.  (:

[Greenstang]

 

 

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So would FRAG be Fair/About Good.  

Correct- FR-2 & AG-3

Edited May 23, 2019 by Greenstang

[Conder101]

3 hours ago, Mokiechan said:

So would FRAG be Fair/About Good. 

Unless you are dealing with grenades.

[Mokiechan]

On 5/23/2019 at 4:55 PM, Conder101 said:

Unless you are dealing with grenades.

LOL, that would be a DRAG  Do Respect A Grenade

[sbrac]

Can someone please explain more of this "PrAg" for me?  I recently purchased this 21 Peace dollar  (cert #4275968009), and it is STUNNING. I have quite a few high qualtity 21s, and this is by FAR the best one.  Side by side with my MS66, the 66 looks doesn't look nearly as nice.  The pix do it little to no justice.  Using a crappy phone for a camera

 

Edited February 12, 2021 by sbrac

[Just Bob]

2 hours ago, sbrac said:

Can someone please explain more of this "PrAg" for me?  I recently purchased this 21 Peace dollar  (cert #4275968009), and it is STUNNING. I have quite a few high qualtity 21s, and this is by FAR the best one.  Side by side with my MS66, the 66 looks doesn't look nearly as nice.  The pix do it little to no justice.  Using a crappy phone for a camera

 

Welcome to the forum.

The grades of Poor to About Good, which is what "PrAg" means in this thread, have nothing to do with your coin. Those grades describe a coin that is worn almost smooth, and your coin is obviously not in that kind of shape. I have to say, though, that your pictures definitely do not make your coin look anywhere as nice as the MS66 coin that you also posted. In fact, your coin does not look uncirculated at all. Enlarging your pictures shows numerous tics and hits, and what  appears to be wear. There is also very little luster showing, especially compared to your other coin. Sorry to be such a downer on your first thread, but I am just calling it like I see it.

[RWB]

2 hours ago, sbrac said:

  I recently purchased this 21 Peace dollar  (cert #4275968009), and it is STUNNING. I have quite a few high qualtity 21s, and this is by FAR the best one.  Side by side with my MS66, the 66 looks doesn't look nearly as nice.  The pix do it little to no justice.  Using a crappy phone for a camera.

Compare your 1921s to the one posted on the US & Foreign forum. The best one you show looks well above average in detail, but a better photo is needed. The NGC photo shows considerable cleaning which would explain the lack of a "grade."

Edited February 13, 2021 by RWB

[sbrac]

JustBob, thanks for the welcome.  I just noticed that it said that was my first post.  Strange, I wonder what happened to my post history.  Been a posting member on here for 8 years.  But back to the bear in the corner.

Like you, I also think that the grade PrAg should have nothing to do with my coin.  Yet there it is when I look up my cert on the NGC registry.  Been doin this for a while now, but until last night, I had never seen that designation.  Somehow that one slipped past me.  As for ya being a downer, no need to worry about that.  I'm way too old and been doin this far too long too be sensitive, and you gave your honest opinion.  I respect that.  I agree that the photos show all the tics, hits, chatter, and wrinkles that a 100 year old broad would have on her face.  I'm sure it will be a while before I get to it, but I WILL get some better pix of her and circled back to this post.  Definitely.  One day.  Probably.  In the meantime I am just scratching my bald spot trying to figure out HOW this one got a "POOR almost GOOD" certification.  She has HIGH amount of detail, and is not worn

 I have to say, though, that your pictures definitely do not make your coin look anywhere as nice as the MS66 coin that you also posted. In fact, your coin does not look uncirculated at all. Enlarging your pictures shows numerous tics and hits, and what  appears to be wear. There is also very little luster showing, especially compared to your other coin. Sorry to be such a downer on your first thread, but I am just calling it like I see it.

[RWB]

4 hours ago, sbrac said:

There is also very little luster showing, especially compared to your other coin. Sorry to be such a downer on your first thread, but I am just calling it like I see it.

What collectors call luster is the visual result of metal movement on the surface of a die. A new die had little or no luster, but this develops quickly during use. 1921 Peace dollars were made in two batches. Many coins from the first batch of about 100,000 pieces have limited or no luster - the dies broke too frequently for it to develop. The remaining 900,000 were made at lower pressure to better preserve dies, and many of these have excellent luster.

1921 Peace dollar with the best detail likely were made the first day and will have little or no luster.

[VKurtB]

On 2/13/2021 at 9:38 AM, RWB said:

What collectors call luster is the visual result of metal movement on the surface of a die. A new die had little or no luster, but this develops quickly during use. 1921 Peace dollars were made in two batches. Many coins from the first batch of about 100,000 pieces have limited or no luster - the dies broke too frequently for it to develop. The remaining 900,000 were made at lower pressure to better preserve dies, and many of these have excellent luster.

1921 Peace dollar with the best detail likely were made the first day and will have little or no luster.

This is absolutely correct, but you’ll never convince that charlatan who is the Chief Moderator over at CT. He has his own “unshakable things he believes that are frequently absolute BS” with which he repeatedly and regularly misinforms his members over at CT. Luster comes from flow lines, but he has his own different views, and insists upon them despite the fact that only he holds them.

Edited February 15, 2021 by VKurtB