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1874-S Trade Dollar - Please Grade!

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Valued Member
474 Posts
 Posted 02/08/2012  01:15 am  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list
Are these pictures any better?

1874-S--Trade-Dollar---Please-Grade!

1874-S--Trade-Dollar---Please-Grade!
Pillar of the Community
United States
9792 Posts
 Posted 02/08/2012  01:28 am  Show Profile   Bookmark this reply Add westcoin to your friends list
My guess from the photos is polished making it AU or impaired proof, making it worth a lot more money but still polished. It's the overall look of the coin that screams polished or buffed. Generally only coins that are proof or buffed with a jewelers polishing wheel have this look. IMO.

The mint did not make 1874-S dollars in proof so I'm sticking with polished.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
02/08/2012 01:31 am
Valued Member
United States
264 Posts
 Posted 02/08/2012  01:29 am  Show Profile   Bookmark this reply Add Landon to your friends list
Both sets of pictures clearly show evidence of cleaning. Like was said above, it is still a very nice coin even with the issues it has. As long as you didn't pay a lot for it I'd be happy with it. It should still fetch somewhere around$ 350.00-$400.00 with the cleaning.
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474 Posts
 Posted 02/08/2012  01:53 am  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list
This is very disappointing.
No, I didn't pay a lot for the coin ($150). I purchased it with the intention of listing it in our eCrater store. I just don't want to misrepresent the coin and I needed to know an appx. value so someone would buy the coin.
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United States
9792 Posts
 Posted 02/08/2012  02:11 am  Show Profile   Bookmark this reply Add westcoin to your friends list
I wouldn't pay over $200.00 for a coin like this but at $150.00 you did okay. Polished coins are always harder to sell in my experience, collectors want coins without problems if possible. I'd price it at $225.00 to be fair and list it as cleaned. You'll still do okay at that.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Valued Member
United States
264 Posts
 Posted 02/08/2012  02:20 am  Show Profile   Bookmark this reply Add Landon to your friends list
You shouldn't be disappointed, at 150.00 you should still turn a profit. It's a real shame, someone took a 600.00 coin and knocked it down to somewhere around half of that. I didn't look up the value of the coin before, but problem coins like this usually sell for around half of market value, so I'd ask 300.00 for it. I'm not telling you what to do, but reputation is everything in this business. Selling coins on a small scale like you are doing you are going to want to count on repeat business. With that being said I think you should be honest and describe the coin as being cleaned. Everyone will be happier in the end that way.
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474 Posts
 Posted 02/08/2012  02:27 am  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list
I have changed the coin's description and reduced the price accordingly. Thanks everyone!
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United States
763 Posts
 Posted 02/08/2012  08:09 am  Show Profile   Bookmark this reply Add nolawyer to your friends list
It is quite possible that the lady you bought it from innocently polished it thinking it would make the coin look better, not knowing that it would hurt the coin. Sadly, it happens a lot when non-collectors inherit coin collections.
Rest in Peace
United States
5375 Posts
 Posted 02/08/2012  10:45 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
Its also possible the coin is way overdipped, it has that look instead of 'polished'. It could be polished, but also that.
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 Posted 02/08/2012  10:59 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
It looks like my 1928 Peace dollar....highly polished.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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United States
9104 Posts
 Posted 02/10/2012  12:48 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
The Lady was easily in her 70's and she remarked about receiving the coin from her mother.

Who could have bought it in 1980, and that would still be over 30 years ago.

The second set of pix look even more polished than the first.
Rest in Peace
United States
9104 Posts
 Posted 02/10/2012  12:56 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
What is 'whizzing'?


Some use the term for any form of polishing, but originally it meant using a motorized small brush, usually brass, over the entire surfaces.

On silver coins, the result is a shiny grey that doesn't cartwheel, but reflects in "chunks" of parallel fine lines.

Once you see a coin whizzed by this definition, you'll never mistake it for any other cleaning or polishing.
Bedrock of the Community
United States
14454 Posts
 Posted 02/10/2012  05:49 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I do not think it was whizzed but I do think it was polished or at least rubbed with a cloth material to shine it up a bit. I also agree the second picture shows this more than the first. Anytime you see shine on the devices that makes it look like the fields and its not a proof coin you have to look closer at the coin because that is sure sign it has been wiped or polished sometime in its life. You also have to remember allot of people do not collect coins and they think the shinier the better so they probably done so not knowing they were hurting the value of the coin. I remember when I was younger I would take my shirt and wipe all the half dollars I got in change to shine them up and would put them in the drawer to save until I saved enough to purchase something I wanted. I didn't do so thinking it was harming the coins, I did so thinking maybe someone else would think it was beautiful like I did and maybe keep it for their collection since I didn't really collect coins at the time
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474 Posts
 Posted 02/12/2012  7:19 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list
Thought I would up-date everyone on the disposition on this coin. I sold it to a fellow CCF member for their Type Set for $200 AND a future, numismatic donation to our web store.
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United States
9792 Posts
 Posted 02/12/2012  11:27 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
Cool and good on you for the donation to CCF! Glad another fellow CCF'er 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 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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