Panama - Pacific $50 Gold Slug For Your Grading Opinions - Page 2

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Author	Replies: 23 / Views: 3,428	Page: of 2

Tunnioc Pillar of the Community United States 3179 Posts	Posted 05/12/2016 8:28 pm That sure is a beautiful slug! Looks mint state to me, but I've never even seen one before! Report this Post to the Staff
panzaldi Bedrock of the Community United States 18681 Posts	Posted 05/12/2016 10:25 pm One scratch on obverse. I'm in at MS65 Report this Post to the Staff
billjones Pillar of the Community United States 1499 Posts	Posted 05/13/2016 12:01 pm NGC graded this Pan-Pac $50 octagonal gold piece as an MS-64, and it has a green CAC sticker. This was the only time that I really insisted on finding a CAC sticker on the coin. Many of these pieces have been puttied. If you not familiar with that, it is a coin doctor practice where an agent like "Bondo" is used to fill in scratches. The filled in spots are covered over with gold paint. In a year or so the Bondo rises to the surface with ugly results. A number of these doctored coins have made it into PCGS and NGC holders. I've seen a few of them at the shows. I once had a customer who was looking for one of these coins in a lower grade. I was amazed by the number of pieces I saw that had been worked on by smoothing the surfaces and putty. Report this Post to the Staff
bpoc1 Rest in Peace United States 4078 Posts	Posted 05/13/2016 12:21 pm Why the term, "slug?" Report this Post to the Staff
iontyre Valued Member United States 269 Posts	Posted 05/13/2016 1:06 pm Slug was a term used in the gold rush days for the privately produced $50 gold pieces that circulated out west. Report this Post to the Staff
bpoc1 Rest in Peace United States 4078 Posts	Posted 05/13/2016 1:10 pm Thanks Iontyre. Report this Post to the Staff
jpbone Pillar of the Community United States 1959 Posts	Posted 05/13/2016 5:01 pm I'm waiting for Bill to post a 1913 V nickel. Report this Post to the Staff
billjones Pillar of the Community United States 1499 Posts	Posted 05/13/2016 6:27 pm You going to be "Waiting for Godot" on that one. I don't even like that coin. If I had one I'd sell and buy some REAlL coins. Report this Post to the Staff
	Replies: 23 / Views: 3,428	Page: of 2

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