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 Replies: 20 / Views: 3,368 |
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Moderator
 United States
23522 Posts |
This is a notorious basement slabber, and you can expect a cleaned AU in a slab they label 66. I'd be concerned about authenticity, even.
1879-S is an impossible Condition Rarity. The overwhelming majority of them circulated, and I think the highest known grade is a few MS63's. There is no chance this is a 66.
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Bedrock of the Community
Australia
21788 Posts |
I have read that ALL dates of U.S. gold have been faked, almost all of the rarer ones in .900 gold.
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Valued Member
United States
291 Posts |
Unless you are purchasing the coin for melt, I would stay far away from it. The highest graded PCGS 1879-S $20 is an MS64. NGC's highest grade is an MS-63.
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Moderator
United States
23522 Posts |
That's good to know, jhp2104. Do you know if that 64 is recent?
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Valued Member
United States
291 Posts |
The MS64 came across the auction block in 2007.
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Valued Member
 United States
149 Posts |
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Bedrock of the Community
United States
10982 Posts |
In reviewing auction results it appears this coin pretty much trades as a common date below MS grades. As such I'd just crack it out and weigh/measure it before proceeding. My gut says genuine with AU details and worth about $1300 retail.
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Moderator
United States
23522 Posts |
Quote:
The MS64 came across the auction block in 2007. Interesting. I asked because I hadn't seen any 64's listed in the Pop at Heritage yesterday, but there are 2 noted now. Probably me.  |
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Valued Member
United States
149 Posts |
Take it the same issue with this 1920 Saint Gaudens?   |
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Bedrock of the Community
United States
10982 Posts |
Quote:
Take it the same issue with this 1920 Saint Gaudens? You betcha. The good news is both your coins appear to be genuine U.S. Double Eagles. A quick weight, diameter, thickness verification will likely save you grading fees. By the way, a 1920 Saint is a $100,000 coin in MS66 and a $1300 in AU55. |
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Valued Member
United States
291 Posts |
The 1920 Saint pictured above is NOT an MS66. As far as I know the highest graded 1920 Saint by PCGS is a single MS65 coin- a former Eliasberg collection piece. Their are five or six NGC MS65's floating around (I think the NGC stated pop is 10 or so).
Unless you are purchasing for melt - or slightly above melt, I would stay far, far away from NTC, WCG, or any other basement slabber.
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Valued Member
United States
383 Posts |
The 1879-S looks highly suspicious (e.g. fake) to me. The Saint might be authentic, but nowhere near a '66.
ET
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Valued Member
United States
149 Posts |
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Pillar of the Community
United States
675 Posts |
Glad to see they are both authentic! That Saint especially is a nice looking coin!
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Moderator
United States
23522 Posts |
You dodged a big bullet with these, getting them both into righteous slabs. A win for the good guys.  |
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Posted 01/06/2015 10:59 pm
