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 Replies: 92 / Views: 9,781 |
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Valued Member
 United States
297 Posts |
Satern60----- This seller is very big--I don't think he is interested or has the time to tinker with this one coin-- but he said it last was on the market 2009 by Heritage. Coin should look ten times better in hand-- cant wait till in arrives
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Moderator
 United States
23522 Posts |
The last AU55 sold at Heritage, 18 months ago, went for $3300. That coin was, in my opinion, clearly inferior to this one. And no self respecting Early Copper collector prefers slabs. EACers collect the old-fashioned way - they grade for themselves.
As long as the surfaces are deemed to pass, in hand, this was an excellent buy. It's a Condition Census example.
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Pillar of the Community
861 Posts |
I believe the coin was probably cracked-out in a failed upgrade effort. The buyer probably failed to notice the rim scratch that runs from 4 O'Clock to 6 O'Clock on the obverse and the coin failed to upgrade or cross-over to PCGS. If you're keeping the coin in your personal collection, than great.....if you're hoping to get it reslabbed in a straight grade NGC AU-55 holder, I wouldn't count on it. JMO
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Pillar of the Community
United States
7375 Posts |
The same scratch is on the Heritage coin, so I'm not sure why it wouldn't get at least the same grade if resubmitted. Just sayin'
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Pillar of the Community
United States
6370 Posts |
Holy cow, that's a huge scratch! I initially mistook it for a die crack.
Edited by TypeCoin971793
09/04/2015 11:09 pm
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Valued Member
United States
297 Posts |
Looks like a Die final fail were it cracks by 7:00 to 3:00 as that what it looks like to my opinion eye. It dose not look like a scratch*. However Heritage picture in slab --as its so makes sense that --why would a grading company not notice such a problem? So we can safely say -they saw and graded it properly AU55. Only thing that I do see is ---the splotchy stain like marks here in there on the obvers right field.
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Bedrock of the Community
United States
17884 Posts |
Quote:
I follow you but this was likely cracked out in an upgrade/crossover attempt and not for a collector to enjoy. you might be surprised about that. I could very easily see a serious EACer cracking it out for their collection. I wonder what the provenance is for that piece? I think it may be CC-7 EF-40 With a planchet defect below 9 in the date. Sharpness of AU-55 but some light pitting on obverse. Gordon J. Wrubel, 11/11/1974 - C. Douglas Smith, 12/1982 - G. Lee Kuntz - Superior Galleries 10/1991: 191 $955 - unknown - Superior Stamp & Coin Co. 1/1995: 30 $671 - unknown. Heritage Numismatic Auctions 6/1995: 5013 - Heritage Rare Coin Galleries - Heritage Numismatic Auctions (Bullet Sale) 12/1995: 10 $578 - Heritage Rare Coin Galleries - Heritage Numismatic Auctions (Bullet Sale) 4/1996: 7 $974. I'm kind of surprised it was that cheap. Dan Holmes had CC-9 and EF-40 net VF-30 that had been lightly cleaned ad retoned and it went for over $3700. It was and earlier die state though, die state II before the arc crack formed. Yours is late state IV. I think you got a good buy. |
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Valued Member
United States
297 Posts |
OK ok ok--- final verdict ! Yes its a very fine pin like criss cross scratch-- so fine that the sellers picture picked up the entire gleam of it. Looks more severe--but I think its very minor --and what about the other small fatter scratch under the bow? --ok ok . So my error as it does look like bulging at the scratch area-got me fooled for a moment. Ill receive this coin and ill take pictures and post for all to see-------the real deal. Still $2250 is not $5000 like a 55 should be--ta ta
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Pillar of the Community
United States
4897 Posts |
Great grab! Quote:
I'm kind of surprised it was that cheap Ditto! |
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Moderator
United States
16679 Posts |
It's a nice Coin and excellent buy if you ask me. We can probably narrow down the provenance through a little research.
This was more than likely a crack out for a raw collection owned by a old copper guy. I think the grade is right on.
Cannot go wrong on high end AU Draped Bust types ;-)
swcoin.ecrater.com
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Pillar of the Community
Germany
1849 Posts |
From what I have seen, this was a good buy. I think you will be happy with it. 17XX Draped Busts in that condition are not common, far from it.
And, they are a pleasure to behold.
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Moderator
United States
16679 Posts |
BTW, bought a few coins from this seller. Hard to disappoint.
swcoin.ecrater.com
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Pillar of the Community
United States
7375 Posts |
Quote:
so fine that the sellers picture picked up the entire gleam of it You're right. Brighter lights will pick up every mark at the atomic level. Like you say, will probably be darker in hand, more like the Heritage pics. It's a beautiful coin. I'll probably never own one that nice. Takes courage to pull the trigger like you did  I'm sure your heart was beating a little faster when you were hitting the BUY button  |
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Valued Member
United States
297 Posts |
Edweather--- the button was pushed with ease. The coin exhibits some hints of orig red mellowed down, that's on the rev legends* A coin that shows some sideburns hair curls --certainly is a plus. I'm not sure but It just may be a uncirculated specimen-MS61 with a pin scratch-with a bit of hints of mellowed red here en there. The MS coins always have a issue or two---unless its a 67. Certainly a MS60 will. There is a chance for a higher grade. I'm going to have to have a close look at this --re Photograph it and then Every one can put there comments --***
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Pillar of the Community
United States
4420 Posts |
I asked a knowledgeable EAC friend about this coin. He was familiar with it and had studied the piece. He wrote that it was obtained by the seller from the Mervis sale for perhaps $2300. He went on to say that it's a late die state S-170 with an obverse crack; apparently, not a scratch, as thought by some. Although a good price for the grade, he refrained from making a purchase due to the spotting. To my friend's credit, he's very particular when buying coins. To my recollection, he's never bought a counterstamped coin!
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Replies: 92 / Views: 9,781 |
First Page
Posted 09/04/2015 9:05 pm
