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 Replies: 17 / Views: 2,406 |
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Valued Member
Canada
278 Posts |
Hello all, Can you please help me grade my 48 dollar? Thanks very much    |
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Valued Member
Canada
289 Posts |
The obverse picture in particular could be hiding a lot the way it was taken, with the glare. It looks like it is quite well struck. Looks like a bit of wear on the high points which would put it in the 55-58 range if it is wear. (above the eye, in the hair?) If it's not wear then maybe in the 62-63 range instead. There are a variety of small rim dings, but I don't think those would be an issue. I can't see obvious cleaning on it, but again the pictures could easily hide a cleaning or polishing that would detail it at PCGS or NGC and leave you with a possible cleaned designation at ICCS. There is some toning in some of the nooks and crannies that point towards a possible cleaning. Possibly dipped.
If I was forced to guess I'd guess AU details on it, but it's just a guess and this is definitely not my area of expertise.
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Pillar of the Community
 Canada
9862 Posts |
 with high AU but don.t see any indication of cleaning. "Dipping" is not considered cleaning...
-from PCGS website
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
Canada
1505 Posts |
Looks like AU 55 maybe an MS 62. I would be concerned with the angle of photography as well. Not seeing any overly obvious cleaning, but the angle and lighting could easily be hiding something.
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Valued Member
 Canada
278 Posts |
Ok thanks all I will upload other photos
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Pillar of the Community
Canada
867 Posts |
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Valued Member
Canada
278 Posts |
here are some additional photos, thanks everyone   Edited by CityofKooks
07/24/2023 4:33 pm
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Pillar of the Community
Canada
2495 Posts |
xf to AU....no way an MS.
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Pillar of the Community
Canada
9862 Posts |
Wear is obvious in the new pic
AU53
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
867 Posts |
Just some historical pricing context....I bought a raw 1948 MS63/64 dollar from Charles Moore in 1985 for $1,500. Which was a lot of money for me back then. The last two TCNC auctions for an EF45 1948 have averaged $2,000.....
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Pillar of the Community
United States
5177 Posts |
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Pillar of the Community
Canada
1081 Posts |
@tripoli - that is an interesting point about the 1948 silver dollar as an investment. I often wonder about the virtues of numismatics as an investment category in general; for the most part, I do this for the fun. Nevertheless, there are questions to be asked here. Some coins, like the 1948, were rare from the outset but they were minted at a time when people were aware of the fact that something might have collector potential down the road. As a result, for a rare coin, they're weirdly common. There's no difficulty finding 1948s in auctions, on ebay (currently >20 on sale there) or in actual stores. My take is that if you want to make money on coins, you need to keep your eyes open for the unnoticed and the under-appreciated. |
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Pillar of the Community
Canada
1081 Posts |
I'm just looking through the 1948s on ebay. The highest asking price is $88,000 (MS-66, raymac is the seller) and the lowest is $1,900 (EF40, cleaned! from northern giant). PCGS has graded no less than 867 of them and there area almost 100 at MS-64 or higher. |
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Pillar of the Community
Canada
5584 Posts |
As silver said, any coin show that you go to will have 10-20 of them for sale and ebay about the same. That date had been ID'd as something that was really special, so people hung on to them. Even going back 50 years in Charlton, I thought that they were overpriced compared to others. My 1975 Charlton has an UNC at $600, with the '45 at $200.... over 50 years ago. |
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Pillar of the Community
Canada
867 Posts |
Yeah, every dealer has a 1948 in stock, but try finding a high grade 1945 , 46 or 1938 dollar in their inventory.
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Replies: 17 / Views: 2,406 |
Posted 07/24/2023 12:31 pm
