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 Replies: 50 / Views: 2,214 |
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Pillar of the Community
United States
637 Posts |
It does appear on the CAC register.
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Pillar of the Community
United States
6368 Posts |
66 did not surprise me at all . that's why I picked it! My guess it was a victim of Katrina.
The coin needs to come out of that holder and head to conservation. Time is your enemy in a situation like this and time is not on your side.
P66 and a CAC sticker means diddly squat on this coin. If you bought the coin at PF60 money you should be fine. Getting it conserved and back into a holder at 63 would be a win . for the coin and for you!
One thing I can guarantee is the coin is suffering a slow death in its current home.
Good luck with whatever you decide to do with it! Thanks for sharing!
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Bedrock of the Community
United States
67613 Posts |
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Pillar of the Community
United States
637 Posts |
Western has it mostly right. The coin was apparently involved in a fire. I probably overpaid for it at $210. I haven't decided yet whether to send to PCGS or NGC. I'd say it is hit or miss that it's salvageable. Edited by pristine2
12/03/2021 6:46 pm
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Pillar of the Community
United States
1515 Posts |
I would say you didn't overpay for this coin, but there is a lot of risk for not much profit. You have the potential for making money, if the conservation is good and it straight grades. If the coin ends up getting a details grade, you may break even. Very cool pickup, and thanks for sharing!
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Pillar of the Community
United States
8779 Posts |
I called it! Did the spotting on the coin grow after you got it?
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1982, Early American Coppers Member (EAC) #6202, Colonial Coin Collectors Club (C4), Conder Token Collector Club (CTCC), & Numismatic Bibliomania Society (NBS) Member, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
637 Posts |
I've only had the coin for a few days ...
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Pillar of the Community
United States
4974 Posts |
I purchased an NGC coin that had ED, I couldn't tell via the pictures and as I wanted to check whether NGC honors there guarantee I submitted it to NGC for a grade review and they ended up "conserved" it for the the grade review cost, I think this is a good candidate to check out the PCGS guarantee. Just saying. Edited by hfjacinto
12/03/2021 9:50 pm
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Moderator
United States
112116 Posts |
Interesting.  |
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Pillar of the Community
United States
8779 Posts |
After conservation, doesn't the coin end up in a conserved holder, i.e. the NCS holder in the case of NGC? That would make the coin less valuable for resale imo. I think what most people/dealers would do is try to determine whether the ugly is on the surface or whether it has penetrated the surface. If surface deep, then a dip in a chemical bath done very carefully should restore the coin from the unsightly stains. Then resubmit and hope that you didn't ruin the coin in a way that an expert grader at the TPG would notice. If it has eaten through the metal you will probably have to find that elusive buyer who loves this particular toning scheme due to some huge trauma they experienced early on in their life. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS Help me optimize my photo setup: http://goccf.com/t/411871Edited by numismatic student
12/03/2021 11:20 pm
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Pillar of the Community
United States
6368 Posts |
210$ is not bad and you can get that much of a conservation education out of it. I think you have a better than 50/50 shot at restoring the coin to some semblance to it's past glory. Playing with some of the spots on the reverse to get an idea if they'll come off is where I'd first start. The dark "turd" on the obverse would be the last thing I'd try to mitigate. I'd go with JewelLuster and a few prayers. Read and follow directions. You just never know with this stuff. You could also pay the "conservation experts" at one of the grading companies to do it for you. Please keep us updated with what happens with the removal and conservation (if you travel that path). Good luck with whatever you decide to do with it. Thanks for sharing. |
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Pillar of the Community
United States
8779 Posts |
The Katrina/Harvey theory seems to make sense, but looking at the holder it looks pretty clean. If toxic sludge from flooding did this to the coin, should we expect the holder to look as clean as it does today? Also, isn't the label insert made of paper? If so, the flood damage should have affected the paper, but I see no evidence of water damage anywhere on the fragile paper label.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS Help me optimize my photo setup: http://goccf.com/t/411871 |
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Pillar of the Community
United States
8779 Posts |
Ok, I should pay more attention as OP revealed that this was in a fire. Even so, it seems odd that the plastic is undamaged and intact but the coin looks like it was rolled on by the ugly stick. No melted bits, trace of soot from smoke, no residue inside the holder other than what is on the coin's surface.
Edited by numismatic student
12/04/2021 01:57 am
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Pillar of the Community
United States
637 Posts |
Numismatic: Damage from a fire event isn't always from the fire itself, but from the chemical-laden water that is used to put it out. That's what's happened here -- the holder must have been submersed in the stuff. There's gunk in the seams.
I wasn't there so I can only guess. There's no evidence of liquid in the holder now, but it would not have taken much.
Edited by pristine2
12/04/2021 08:18 am
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Bedrock of the Community
United States
11905 Posts |
Quote:
I think the comment about it pulling a PR69 was meant to be a joke. thanks Zurie, I thought that was the posted grade i would call this PFU (ugly proof). can it be preserved? I guess pristine has to decide that but I'm betting if its left like this the future is not bright for it
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Replies: 50 / Views: 2,214 |
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Posted 12/03/2021 6:36 pm
