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 Replies: 20 / Views: 3,169 |
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Pillar of the Community
United States
6398 Posts |
Heritage sales show prices anywhere from $500 to $1500+ for AU examples with problems. Original, problem-free AU examples start around $3000 and go up from there.
This coin absolutely needs to be certified, with PCGS being my first choice. If genuine, they will give it a details grade along with a defect description.
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New Member
 United States
3 Posts |
Here's an update on this coin. Just got it back from PCGS, and they graded it AU58 http://www.pcgs.com/Cert/26847456.htmlNow to show it to the guy at the local coin shop who told me it wasn't worth grading because he was 95% sure it was counterfeit!  |
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Pillar of the Community
United States
3453 Posts |
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Moderator
 United States
23522 Posts |
HA! You win.  I love these stories. You now have a coin whose worth exceeds $4000. Shove it up the nose of the guy at the coin shop.  And, should you ever choose to liquidate, it needs to go to one of the major coin auction houses. Anything else would be leaving money on the table. |
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Pillar of the Community
United States
6398 Posts |
What a terrific result. The images did show some field hairlines and apparently dull luster which suggested a cleaning. However, PCGS decided it was a righteous, market-acceptable piece, so congratulations! BTW, original mintage for the 1883 was just 989 pieces. Pretty awesome that your mother-in-law had this piece. Does she happen to have any other treasures stashed away? |
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Pillar of the Community
United States
1796 Posts |
 This is a win. Congrats! |
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Valued Member
United States
442 Posts |
Congrats that coin is beautiful! Let us all know what the coin shop owner says when you take it in to show him.  Great coin and even better that it came from your family. |
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Pillar of the Community
United States
759 Posts |
There are not enough dancing fruit on the planet to show how happy I am to see the "it's been cleaned" and "it's probably counterfeit" doomsayers proven wrong. Thank you for the follow up.
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Pillar of the Community
United States
2480 Posts |
Congratulations! What a beautiful coin :)
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Pillar of the Community
United States
5854 Posts |
 Woohoo! Fantastic results! Congrats! |
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Rest in Peace
United States
4849 Posts |
Amazingly good news! I had not seen this thread till now, and I would had guessed AU-53 problem free...
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Bedrock of the Community
Australia
21788 Posts |
I think 58 is a tad too high. There is a little too much wear on Liberty's hair and top of the bonnet for that grade. At 58, that implies that there is next to no wear at all. 53 or 55. There is the implication that others may use this TPG as well, because the grade turned out so favourable. Edited by sel_69l
02/05/2013 8:32 pm
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Bedrock of the Community
United States
10982 Posts |
That is an absolutely amazing result for the coin posted. Congratulations!
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New Member
United States
3 Posts |
I went back to the guy at the coin shop who said it was counterfeit, he looked at it again with his loupe, shook his head in disbelief. He looked the coin up again in his book and said "this is their book" (PCGS), it warns about a weak LIBERTY, well they put it in their slab, so they have to guarantee that grade.
He really didn't want to admit he was wrong.
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Pillar of the Community
United States
3453 Posts |
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Replies: 20 / Views: 3,169 |
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Posted 02/05/2013 2:02 pm
dance for you! That is awesome. Congratulations! 
