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 Replies: 19 / Views: 2,342 |
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Pillar of the Community
United States
7375 Posts |
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Pillar of the Community
Canada
5417 Posts |
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Pillar of the Community
 United States
7390 Posts |
Hint... this is NOT a details slab
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Pillar of the Community
United States
2563 Posts |
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Pillar of the Community
United States
7651 Posts |
It may not be a "details" coin but it 1): is not uncirculated and 2) has been cleaned at one time!
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Pillar of the Community
United States
9796 Posts |
AU50, I think this coin won't make it any higher, probably was dipped at least once and probably a couple of times, the luster is just flat gone. Don't think it was "cleaned" per say, just dipped and over dipped, which strips the flow lines and luster off the surfaces.
"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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Pillar of the Community
United States
7390 Posts |
I agree with yof all, loOKs harshly cleaned but I guess pcgs didn't think so!?... I also have one in an AU details-ccleaned slab. I'll post the two side by side in a comparison thread later   |
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Pillar of the Community
United States
4989 Posts |
It's not unusual for an AU coin to be white so, unless there are identifying marks from a cleaning such as fine hairline scratches in same direction or a swirl pattern, a TPG will usually give it the benefit of the doubt. I suspect this one is a coin that was briefly circulated, got a big banged up, and was dipped a few times to keep it white. Edited by fenton
03/10/2015 2:01 pm
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Pillar of the Community
United States
7651 Posts |
I read somewhere a long time ago that the 84-S dollars were released and then recalled. This may account for why there are so many AU coins and very few true "unc" coins. For the life of me I have no idea where I read about it.
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Pillar of the Community
United States
7390 Posts |
That sound quite familiar. Think I read that somewhere too?
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Pillar of the Community
United States
9796 Posts |
The 1884-S Morgan dollar is a coin with tremendous spread in circulated grades and uncirculated. Mid AU coins are around $300 and Low end Uncirculated coins are $9K+ "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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Moderator
 United States
23522 Posts |
The price spread is because they all circulated. Plain and simple.
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Rest in Peace
United States
10625 Posts |
And I'll bet a bag or two were melted down also.  |
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Pillar of the Community
United States
7390 Posts |
I saw an AU in a soft gsa pack sell on ebay for around $8000 I think last year. Boy did I want it! Must have been one of the only 84-s gsa had |
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Pillar of the Community
United States
9796 Posts |
Quote:
The price spread is because they all circulated. Plain and simple. Well most of them, PCGS has 304 listed in their current population pages that are MS60 or better, they have certified 12 ms64, one MS65, no MS66, one MS67 and one MS68 the rest are all MS60 through MS63 and 4 are MS PL with no DMPLs certified. Say maybe half of the low end circulated are actually AU coins that is a VERY low population for a coin with a mintage of 3,200,000! .1% or so are uncirculated. They obviously were not saved back when they were new coins, and most of them that were put away were lightly circulated or cleaned causing an AU look to them over the decades. A major condition rarity coins! "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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Replies: 19 / Views: 2,342 |
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Posted 03/09/2015 10:17 pm
