1940-D 25C MS65 认证号36452618, PCGS号5812

CAC Green Sticker. CAC pop data: 170 total, 41 on grade, 118 higher. Comment from David Kahn: Blazing, fresh and white, without having been dipped. Also, in my humble opinion, undergraded one notch. The “scratches” near “IB” on the obverse are not scratches at all. The primary one is a very subtle bit of a toning outline and the rest are die lines. In hand, the toning line is extremely subtle, and I think it is seen at all because it somewhat follows one of the primary die lines. That's a long explanation to say that they are not scratches, either on the holder or the coin. Personally, I love this coin, and I think that the grade PCGS assigned is the LCG (Lowest Conceivable Grade). I submitted coin to CAC and received approval.

David Hall

The 1940-D is a low mintage date that has been considered a semi-key date in all grades, much like the 1938, 1938-S and 1939-S. You can find Gem and Superb Gem examples. And there are many frosty white, highly lustrous Gems.