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Need Help Grading 20$ Dbl Eagle 1861 No Mint Mark

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NickT707's Avatar
Canada
36 Posts
 Posted 06/04/2014  7:56 pm Show Profile   Bookmark this topic Add NickT707 to your friends list Get a Link to this Message Number of Subscribers
Wondering what it would grade, rim ding on reverse (I think?) Would affect value? Melt value only?

Need-Help-Grading-20$-Dbl-Eagle-1861-No-Mint-Mark

Need-Help-Grading-20$-Dbl-Eagle-1861-No-Mint-Mark

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zxcccxz's Avatar
Canada
5417 Posts
 Posted 06/04/2014  8:06 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
The rim ding is fairly large but nothing. Bad, coin is a fairly high-grade and should get much more than melt. Coin looks Good AU, and is a better date. Without the price reduction for the Rim Ding it's around $2800 if certified. With the rim ding, it'd get knocked down to around maybe $1800-$1900.
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Mullen's Avatar
United States
167 Posts
 Posted 06/04/2014  11:57 pm  Show Profile   Bookmark this reply Add Mullen to your friends list Get a Link to this Reply
Does a coin really lost that much value from a rim ding?
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BH1964's Avatar
United States
10982 Posts
 Posted 06/05/2014  12:22 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Does a coin really lost that much value from a rim ding?


It could lose $1,000 in value for severe rim damage but in this case the $2,800 estimate is high. Assuming it was a problem-free AU50 it would be valued around $2,300-$2,400 and if this one graded AU50 Details - Rim Damage then we'd drop it to $1,800-$1,900 as zxcccxz noted. That is a severe ding and does hurt the value a lot.
ANA #R3154474
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 06/05/2014  2:27 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Looks like a circulated prooflike... Heck, I dunno if there's such thing as a prooflike $20, but the fields look nice and dark while the features look frosted. Cameo-ish. Looks low AU to me.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 06/05/2014  9:35 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
AU-53.
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flippy's Avatar
Australia
1874 Posts
 Posted 06/06/2014  04:16 am  Show Profile   Bookmark this reply Add flippy to your friends list Get a Link to this Reply
Au55
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NickT707's Avatar
Canada
36 Posts
 Posted 10/12/2014  9:52 pm  Show Profile   Bookmark this reply Add NickT707 to your friends list Get a Link to this Reply
Thanks guys, appreciate the info
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IndianGoldEagle's Avatar
United States
36916 Posts
 Posted 10/15/2014  10:44 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nice Type I, AU-58 and the nick will bring the price down a little. This one is worth getting a TPG slab on.
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Paulsz's Avatar
Canada
2187 Posts
 Posted 10/15/2014  2:14 pm  Show Profile   Bookmark this reply Add Paulsz to your friends list Get a Link to this Reply
Looks AU
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 10/15/2014  5:25 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
AU details, rim damage.
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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 10/15/2014  6:31 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
AU details, rim damage. Anyways a nice coin.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 10/15/2014  7:15 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Au-58
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