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Replies: 33 / Views: 4,898 |
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Pillar of the Community
United States
8904 Posts |
Quote:... I'd have confounded you considerably more.  
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New Member
 United States
27 Posts |
Yeah, I have searched and searched and cannot find many pictures at all to compare it to. The reverse of the head and stars is way more defined than the obverse.
I wish that there was a coin shop in my town. The closest one is almost to Memphis which is about 1 1/2 away from Tupelo.
I think I might stop by there next time I am on my way to play poker in Tunica and let them look at it with their equipment and see what they have to say. Either way, I am glad that I picked this particular coin up.
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New Member
 United States
27 Posts |
I figured you meant "confused". Haha.
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Moderator
 United States
23522 Posts |
Quote: I figured you meant "confused". Haha. That, too, because once the coin starts getting well into the AU range we have to seriously start thinking about strike quality, and for that I have to make you pretend I didn't say the reverse was unimportant. But that would have been a very_long_post.  Pics, you say? Wander over to Heritage Auctions (ha.com). Register, it's free and they won't ask for financial info. Then you get access to their archives, two million coin sales going back to 1990 with ridiculously high-resolution images. They have over 17,000 Seated dimes alone. And only 29 1850-O's. See what I mean about your coin?
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New Member
 United States
27 Posts |
I went and checked it out. There are not many of my coin on there. On top of that, only a few had the small "o". I am kinda wishing this coin was is MS condition, haha. But I guess that's everybody with any coin. Even coins in lower conditions were going for a pretty penny. I still don't think that I over paid for it at $15.
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Moderator
 United States
23522 Posts |
$15? Um, yeah, that wasn't a half-bad deal. 
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Bedrock of the Community
United States
10982 Posts |
Great deal for $15 but not close to MS. Here's a PCGS XF45 Small O with toning that would likely double it's value at auction. 
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Moderator
 United States
23522 Posts |
Well, that's kind of droolworthy. See the completely sharp shield on BH1964's coin? Required for high XF or better. See the right side stars, by comparison to the left? Strike. Now is where you you wander over to the reverse, and note that to an extent the right-side leaves are slightly weaker (especially at the bottom) than the left. The dies were not perfectly parallel. And on smaller Minors, this effect is magnified, like all die placement effects because they're so much smaller and so much less metal is involved. Strike is a larger factor in evaluating Minors than larger issues. This is where I differ from some in grading. Grading is subjective by nature, of course, but it's my subjective opinion that I should grade as objectively as possible. Therefore, I need first to evaluate strike, and if strike is a factor on any face of the coin it puts the onus upon me to grade the coin based on the best this specific coin could have been. The conventional wisdom in numismatics is that the lesser-graded face decides the grade. It's wise because it's conservative, and I teach it here. But I don't believe it. Graders wave off any disparity in apparent grade between faces, never considering the fact that coins wear equally on both faces. To me, any apparent grade disparity between faces - on the order of 5 grading points or better - is a red flag telling me I have to think harder, and in cases like that I'm likely to grade based on the better face, as long as I can come up with logical evidence that the other face demonstrates an older die or weaker strike. TPG's will do this too, but only when the disparity is so great that it slaps you in the face. It's only when you adopt this mindset that you start seeing how truly wide the range of die wear and strike artifact is among examples of any given issue. And why would you punish a coin of lesser strike by saying it has more wear?
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New Member
 United States
27 Posts |
I have looked over it several times. According to what I have seen, this coin would fall between VF-20 and XF-350. I saw one on HA that looked almost identical as far as I could see and it was graded XF-40. It was PCGS graded and I couldn't see any differences to the naked eye. It had the same faint Y, the hair and head had exact same detail. Again, I am new to this. But, it was the only thing close that I saw.
Maybe by the time I am old (only 27 now), maybe there will be more of a demand by the time I can pass my collection down to my children and it could be a real prize in the collection.
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Moderator
 United States
23522 Posts |
That is the perfect mindset for a numismatist. For the moment we'll call yours XF40 pending better images. We have a Photography Forum to help you with that.
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Pillar of the Community
 United States
4593 Posts |
Go out to PCGS' site and look for their online Photograde - they have good sharp images in each grade for you to refer to
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Bedrock of the Community
United States
20753 Posts |
 Nice coin to start. I keep away from most coins like that since not really easy to come by. And usually the prices are rather high.
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Pillar of the Community
 United States
4593 Posts |
/1/ it's rarer than the mintage would indicate. When the silver weight was reduced in 1853, a lot of the older silver coinage was melted. /2/ when it comes to grading, rarely does a nice reverse help. A worn reverse can knock the overall grade down, but - except in exceptional circumstances - even a really nice reverse won't raise the overall grade. Especially in a series such as the Seated Liberty where there just isn't that much fussy detail to start. Whatever you decide the final grade is, it's a cool piece and for $15 you can't have gone wrong! Now you need a Half Dime, quarter, half and dollar from NO from the same timeframe... Then you need a fake hand from the Halloween store, a couple old playing cards and a shadow box.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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New Member
 United States
27 Posts |
Again, still learning. I didn't realize that the silver weight changed in 1853. I am enjoying discussion. This post has gotten several reads. As soon as I can figure out how to photograph the coins well I am about to post some more out of my collection for help grading and such. Thank y'all again for all the feedback and everything.
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Pillar of the Community
United States
7390 Posts |
Nice coin, Nice read... Nice Book of SsuperDdave 
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Replies: 33 / Views: 4,898 |
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