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 Replies: 46 / Views: 5,170 |
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Pillar of the Community
United States
1499 Posts |
AU-50 + sharpness and okay. It's better than okay if there is any luster under that toning. It does not appear to be hairlined which would indicate cleaning. A great many of these coins are darkly toned. It comes with the territory.
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Pillar of the Community
 United States
3479 Posts |
Quote:
A great many of these coins are darkly toned. It comes with the territory. I agree Bill. These don't tone like other dollars. I think many are used to collecting Morgans or are used to seeing dipped/cleaned slds. The one thing I disagree with you on is that luster affects the grade in AU. From what I have seen, luster has no impact on the net grade for this series in the eyes of the tpgs. The sharpness of the devices is what determines the grade. At least according to the many, many coins I've looked at graded by the big three. |
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Pillar of the Community
United States
1499 Posts |
Quote:
The one thing I disagree with you on is that luster affects the grade in AU. Luster is an essential factor in the AU grade. These coins were not minted "flat" with no lustor or flow lines. They are like every other die struck, non Matte Proof coin. They were there when the coin was struck. An AU coin has to have at least some of its mint surface remainng. If it dosen't, it's not an AU. |
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Pillar of the Community
Taiwan
606 Posts |
This coin brought a very solid price of $2937.50 in the most recent Heritage auction. While the prices for
nice original LSD in the AU grades have receded a bit IMO, Civil War dates always seem to be popular
and in demand.
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Pillar of the Community
United States
3479 Posts |
I was the under bidder. Whoever I was bidding against set a high limit order. The bids against me were automated. Seems to be the case lately with heritage signature auctions. Theirs always some crazy who's willing to pay any price on the choice coins I go after.  |
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Pillar of the Community
Taiwan
606 Posts |
Actually the winning bidder was following the auction and bidding live via Heritage/Live. Mike, you are no more
crazier than he is when you outbid someone for a coin.
Sometimes when you are the under bidder it is not a bad thing.
Edited by Everest
06/10/2017 12:13 am
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Pillar of the Community
United States
3479 Posts |
Quote:
Actually the winning bidder was following the auction and bidding live via Heritage/Live. I couldn't watch live. My bid was for $2,203 (before BP) 3 hours before the auction. Did someone cut bid during auction? |
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Pillar of the Community
United States
1691 Posts |
I've got one just as nice I'll sell to you for $1500.
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Pillar of the Community
United States
3479 Posts |
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Pillar of the Community
United States
3479 Posts |
Bump... Atlashealth, did you get my private message?
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Pillar of the Community
United States
3479 Posts |
Bump.. Hello? Come in Atlashealth.
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Pillar of the Community
United States
3479 Posts |
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Moderator
 United States
188770 Posts |
Thank you for bumping this topic, Mike. I do enjoy looking at your Seated dollars.  |
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Pillar of the Community
Taiwan
606 Posts |
I believe Dick Osburn is referring to the "technical detail" of the coin as being 55+ and
not the overall grade of the coin.
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Pillar of the Community
United States
3479 Posts |
Yeah you are correct. What I wonder is if Dick purchased this coin from the auction. It ties into my question on another thread of what % of Heritage bidders are dealers. We have already determined that this coin had been cracked out and came back with the same grade for the Heritage Auction. I wonder if it has the same serial number or if another failed crackout attempt occurred. I'll send an email an Dick. Wonder how many dealers are engaged in this practice. You have to admit the $750 price increase raised an eyebrow or two.
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Replies: 46 / Views: 5,170 |
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Posted 05/12/2017 01:06 am
