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 Replies: 33 / Views: 4,437 |
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Valued Member
 United States
228 Posts |
Quote:
Please post the 1855 type 2 dollar next. That one is ungraded/unslabbed. I will certainly post pics soon but I'm waiting for some lights to arrive, and I want to handle the unslabbed coins as little as possible. Actually for that coin, it may make sense to send it directly in for grading without even handling it, since I'm sure that will be one I want to grade. |
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Bedrock of the Community
United States
10982 Posts |
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PCGS graded this one (a while ago now) at XF 45! Looks like they got it right. The luster is notably impaired with significant friction showing in all the fields. I doubt it would grade higher than 45 today but you might get a 50 out of it on a given day. I'd try it at CAC first to see if it gets a Green Sticker for being accurately graded. This coin got hit for the problematic fields, not the wear on the devices. |
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Pillar of the Community
United States
3843 Posts |
Quote:
Looks like they got it right.  Perhaps AU-50 on a very good day but I'd say that's the ceiling. |
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Valued Member
United States
383 Posts |
Doesn't surprise me that the coin is in a 1st generation XF-45 holder. It's easily an AU-53 or perhaps better. Very nice strike on the eagle. Both Charlotte and Dahlonega coins usually come with weak strikes. This one looks quite sharp. Personally, I'd leave this and the 1851-C Dollar in their current holders. Those in the know will recognize its true grade and value, and will be willing to pay better than XF-45 money for the coin.
ET
Edited by EarlyTurban
01/27/2015 10:13 pm
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Valued Member
United States
228 Posts |
Update: Heritage sent this to CAC and it passed. I haven't officially consigned any coins with them yet, but they have been handling the grading process for a number of coins.
I wonder if this was a bit of a mistake and it really should have been sent in for a new grade first, since it sounds like AU would be a real possibility.
Edited by Phaedrus29
03/17/2015 01:01 am
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Pillar of the Community
United States
1002 Posts |
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Personally, I'd leave this and the 1851-C Dollar in their current holders.
Those in the know will recognize its true grade and value, and will be willing to pay better than XF-45 money for the coin.
ET Totally agree with this  Edited by Night-Hawk
03/17/2015 01:53 am
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Valued Member
United States
228 Posts |
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Totally agree with this But I'm hoping to keep this coin in my collection and I purchased an NGC storage box...how am I going to get this rattler to fit nicely in the box?!? ;) |
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Pillar of the Community
United States
1002 Posts |
PCGS slabs fit great in NGC boxes
NGC slabs don't fit well in PCGS boxes
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Moderator
 United States
16679 Posts |
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Valued Member
United States
228 Posts |
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PCGS slabs fit great in NGC boxes RIght...this is why I opted for the NGC box. While the later PCGS slabs fit well, I don't think the smaller first generation slabs will. |
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Moderator
United States
23522 Posts |
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I wonder if this was a bit of a mistake and it really should have been sent in for a new grade first, since it sounds like AU would be a real possibility.
Nope. That little green bean just bought you the price of another grade, and it probably wouldn't have Beaned at 50. The market trusts CAC more than PCGS these days. You can see what those beans to do prices in auction results. I have to agree with them, and the comments regarding impaired luster. The technical merits may be better, but the fields hold it back. You'll be just fine with this one. |
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Valued Member
United States
228 Posts |
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The market trusts CAC more than PCGS these days. Interesting! I'm currently in the process of deciding whether to try crossing some coins from NGC to PCGS or whether to just try CAC with the NGC coins. I was inclining toward PCGS cross, but maybe CAC would be a less expensive option that might actually increase value more? |
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Pillar of the Community
United States
7390 Posts |
Heritage will sub to cac for you? How much do they charge? Do u just contact them and send it off to them? I'd rather do that then go through a dealer 40 mins away from me. That's good to know!... and does anyone have a clue when cac will start accepting new members?
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Valued Member
United States
228 Posts |
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Heritage will sub to cac for you? How much do they charge? Do u just contact them and send it off to them? I'd rather do that then go through a dealer 40 mins away from me. That's good to know! They have been submitting coins for me to the grading services and CAC, without any obligation to consign with them (yet). I explained to them that I wanted to see how the coins did at grading before deciding which, if any, to consign. I'm not sure if this is their standard practice. I do plan on consigning quite a bit with them (assuming we can work out agreeable terms ;) ), but I haven't officially agreed to anything yet. I suspect that they will not normally submit coins for you without an expectation that you are going to consign. |
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Moderator
United States
23522 Posts |
A Beaned NGC holder will offset the PCGS Premium and then some. At least, that is my anecdotal experience with the auction prices I check to post here, 100 a day on good days. CAC pretty much brings them into parity.
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Posted 01/25/2015 3:47 pm
