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 Replies: 32 / Views: 4,462 |
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Bedrock of the Community
United States
36862 Posts |
It must be market acceptable in order to get a green bean.
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Pillar of the Community
United States
3229 Posts |
I think maybe I come at this different than most. I've been collecting coins since I was 8, yes that's 50+ years. I've never come into this with the idea of profiting from the hobby. Truthfully, I collect coins because I'm intrigued by the history of the coin. Where has it been, who might have held it and so on. While, like everyone else, I always try to purchase the coin in the best condition I can find it, whether raw or slabbed I'm most interested in the coin itself. Do I have details coins in my collection, you betcha, because what's more important to me is the history of the coin, I don't mind if there is a scratch on the coin. Do I like that, well of course not, but if it is a coin that fits into my collection and I'm intrigued enough by it then I'll purchase it. Do I have coins that are cleaned in my collection, of course, tell me who doesn't. Unless of course that is the style of collecting you enjoy. Look folks, coin collecting should be fun for everyone no matter the type of collecting you pursue. This thread has many different and valid opinions. My opinion won't match everyone's but it's my opinion and it's valid. This coin was graded as market acceptable. Simple as that, at least for me. Would I purchase it? Well that depends on whether I need it for a slot in my collection. So yes if I need it and the price is right, or no if I don't need it. Buy the coin not the slab? For me, of course! For my collection it's about the coin and not the slab but if it comes in a slab great! What this means is I probably have lots of coins in my collection that a good many of you would never purchase. Same holds true for me and your collections... That's the JOY of collecting coins. Okay, I'll go back into my little corner of the coin collecting world and count my wheat cents again....  Happy day to everyone... |
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Bedrock of the Community
United States
12477 Posts |
Quote:
It must be market acceptable in order to get a green bean. Now I very much doubt what "market acceptable" really means. That coin has a major, very noticeable, scratch (if not gouge) running across the focal point of the obverse and an accompanying perpendicular scratch that, together, cannot be unseen (it's bad). Is this not a damaged coin? That does not seem compatible with "normal circulation wear." What's up?  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
12/05/2018 03:12 am
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Pillar of the Community
Canada
857 Posts |
Anyone know where this coin resides now?
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Pillar of the Community
United States
4469 Posts |
The coin last sold in a Heritage auction in 2018 for $240.
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Pillar of the Community
United States
4989 Posts |
So many of the U.S. coinage from the early 1800's is in such bad shape that they are very lenient with the grading. It is upsetting though that a coin like this with two graffiti gashes across the face will get straight graded while a Morgan with the lightest of wipes comes back in a body bag. I mean, come on. That's just doing the hobby a disservice.
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Pillar of the Community
United States
3664 Posts |
Definitely details. That one's a swing-and-a-miss. NGC's usually a lot more consistent than this.
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Pillar of the Community
United States
1959 Posts |
You can collect slabs and still "buy the coin". Calm down moxking.
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Pillar of the Community
United States
9794 Posts |
Coin appears to be listed as sme with photo in NGC database. I can't see how it didn't get a details grade either. Then to get a CAC green bean sticker as well? Nuts in my opinion. Buy the coin not the holder really speaks volumes on this coin. https://www.NGCcoin.com/certlookup/3738558-044/30/"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/140440Edited by westcoin
05/08/2020 12:02 pm
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Pillar of the Community
United States
4469 Posts |
This is an old thread, but an explanation could be that the marks on the half dollar were created in the minting process. If the marks are actual PMD scratches the coin is an embarrsement to both NGC and CAC. Below is a 1890 CC that I own with a straight grade and a large mark on the cheek that appears to be created by a planchet flaw. Note the 10X blown up photo of the mark and the die polish lines.   |
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Pillar of the Community
United States
9794 Posts |
I get what you're saying Slider23, but what we are seeing on the bust half is not the same as the planchet flaw on your Morgan dollar. It is a scratch, actually at least two of them and man-made after the coin left the mint, IMO. There is also a small dig behind the liberty's head on the obverse as well. No way this coin should have either a green bean sticker from CAC or be in a non-details holder from any TPG. Yet, it is. Change my mind! "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
4989 Posts |
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Pillar of the Community
United States
3486 Posts |
I wonder what ANACS would grade this coin?
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Bedrock of the Community
United States
11899 Posts |
Quote:
I think maybe I come at this different than most. I've been collecting coins since I was 8, yes that's 50+ years. I've never come into this with the idea of profiting from the hobby. Truthfully, I collect coins because I'm intrigued by the history of the coin. Where has it been, who might have held it and so on. While, like everyone else, I always try to purchase the coin in the best condition I can find it, whether raw or slabbed I'm most interested in the coin itself. Do I have details coins in my collection, you betcha, because what's more important to me is the history of the coin, I don't mind if there is a scratch on the coin. Do I like that, well of course not, but if it is a coin that fits into my collection and I'm intrigued enough by it then I'll purchase it. Do I have coins that are cleaned in my collection, of course, tell me who doesn't. Unless of course that is the style of collecting you enjoy.
Look folks, coin collecting should be fun for everyone no matter the type of collecting you pursue. This thread has many different and valid opinions. My opinion won't match everyone's but it's my opinion and it's valid. This coin was graded as market acceptable. Simple as that, at least for me. Would I purchase it? Well that depends on whether I need it for a slot in my collection. So yes if I need it and the price is right, or no if I don't need it. Buy the coin not the slab? For me, of course! For my collection it's about the coin and not the slab but if it comes in a slab great!
What this means is I probably have lots of coins in my collection that a good many of you would never purchase. Same holds true for me and your collections... That's the JOY of collecting coins. Okay, I'll go back into my little corner of the coin collecting world and count my wheat cents again.... Happy day to everyone... Hear, hear. Unfortunately the coin collecting world is filled with those who know the correct and only way to collect coins. And usually, they are never wrong. They never learn anything new because they already know it all. Somehow they never realize that I'm putting together my collection, not theirs. |
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Pillar of the Community
Canada
857 Posts |
Quote:
. I think maybe I come at this different than most. I've been collecting coins since I was 8, yes that's 50+ years. I've never come into this with the idea of profiting from the hobby. Truthfully, I collect coins because I'm intrigued by the history of the coin. Where has it been, who might have held it and so on. While, like everyone else, I always try to purchase the coin in the best condition I can find it, whether raw or slabbed I'm most interested in the coin itself. Do I have details coins in my collection, you betcha, because what's more important to me is the history of the coin, I don't mind if there is a scratch on the coin. Do I like that, well of course not, but if it is a coin that fits into my collection and I'm intrigued enough by it then I'll purchase it. Do I have coins that are cleaned in my collection, of course, tell me who doesn't. Unless of course that is the style of collecting you enjoy.
Look folks, coin collecting should be fun for everyone no matter the type of collecting you pursue. This thread has many different and valid opinions. My opinion won't match everyone's but it's my opinion and it's valid. This coin was graded as market acceptable. Simple as that, at least for me. Would I purchase it? Well that depends on whether I need it for a slot in my collection. So yes if I need it and the price is right, or no if I don't need it. Buy the coin not the slab? For me, of course! For my collection it's about the coin and not the slab but if it comes in a slab great!
What this means is I probably have lots of coins in my collection that a good many of you would never purchase. Same holds true for me and your collections... That's the JOY of collecting coins. Okay, I'll go back into my little corner of the coin collecting world and count my wheat cents again.... Happy day to everyone... Quote:
. Hear, hear.
Unfortunately the coin collecting world is filled with those who know the correct and only way to collect coins. And usually, they are never wrong. They never learn anything new because they already know it all. Somehow they never realize that I'm putting together my collection, not theirs. I agree with what the two of you are saying, but I fail to see how this has anything to do with the coin at hand. There is nothing wrong with buying a details coin, but do you want to buy a straight graded coin only to find out it's damaged? Especially when some folks seek out NGC and CAC certified coins as an assurance against getting a details coin. When entities such as NGC and CAC are marketed as a way of being able to buy coins sight unseen, it's reasonable that something like this would concern collectors. Quote:
. I've never come into this with the idea of profiting from the hobby Most don't, but some people end up doing this as a living, so this might not be as big an issue to you, but if someone sold this coin sight unseen, there is a good chance it would be returned. Quote:
. coin was graded as market acceptable. Simple as that So we should ignore when two grading entities straight grade obviously damaged coins? Quote:
. Buy the coin not the slab? For me, of course! That's a good way to collect  . But some people only buy the coin, because they see the grade and assume it's got to be accurately graded, some people literally won't argue CAC's opinion, as if it's some sort of gospel. But when that collector learns that buying a coin based largely on the TPGs opinion isn't a great idea, they will likely be disappointed and feel a bit ripped. Quote:
. Unfortunately the coin collecting world is filled with those who know the correct and only way to collect coins. And usually, they are never wrong. They never learn anything new because they already know it all. Somehow they never realize that I'm putting together my collection, not theirs. Again, really don't see what any of this has to do with the coin at hand. I get people collect differently, doesn't change that NGC and CAC put an obviously details coin on the market as a "premium quality VF-30" when it should have been a VF details, and now if someone buys this coin sight unseen, they're either going to return it, bad for the seller, or they're gonna wish they had seen what it really looked like before buying, bad for the collector. |
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Posted 03/25/2018 10:43 am
