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 Replies: 19 / Views: 4,630 |
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Moderator
 United States
189709 Posts |
No problem.  |
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Pillar of the Community
Canada
857 Posts |
The coin looks details as it is, so unless it's sentimental to you, I wouldn't really bother paying conservation.
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Pillar of the Community
United States
1280 Posts |
Quote:
The coin looks details as it is, so unless it's sentimental to you, I wouldn't really bother paying conservation. Agree |
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Pillar of the Community
United States
4469 Posts |
The black terminal toning has most likely etched the surface of the coin. My recommendation would be to leave the coin as is. You may consider selling the coin, and buy one you do like.
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Pillar of the Community
United States
4692 Posts |
From the pics it appears the coin was cleaned/polished at one time. A quick dip might be the best way to go forward, not paying for TPG conservation on a coin that would probably only details grade anyway. |
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Pillar of the Community
United States
6396 Posts |
Agree that the coin has been harshly cleaned and conservation would not be a good investment.
Maybe you could make it a pocket piece. It currently has XF to AU details. It would have much better appeal as a VF coin with honest circulation wear. You would definitely get some attention when you pulled this baby out of your pocket!
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Pillar of the Community
 United States
697 Posts |
I'll disagree with others to some extent. I think we all recognize the potential of the second guessing by the owner "what if..." self doubt if nothing is done. As such, as long as you recognize the money you pay may indeed be somewhat wasted, PCGS charges an exam fee of only $10 for Restoration. If they choose to not restore the coin, that's your cost, plus $38 grading and round trip shipping. If they do agree to restore it, the Restoration fee is only 3% of the determined value (but no less than $10) in lieu of the Restoration exam fee. I'm not familiar with NGC Conservation fees. If indeed the coin is "Detailed", there's still some value in having it graded, as there's a market for graded Detailed coins, especially Seated dollars. I'm not saying the above will end up proving a positive financial result if the coin is indeed Detailed compared to keeping it raw, but if there is any financial loss, that is the cost of eliminating self-doubt and second guessing! Edited by Winesteven
04/13/2021 5:16 pm
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Bedrock of the Community
 United States
10284 Posts |
I'll have to get this out and take a better set of pictures. I kind of forget what it looks like in hand. Thank you everyone with your comments.
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Pillar of the Community
United States
2342 Posts |
I think Winesteven makes a good point. Looks like a candidate for exam/conservation.
You'll get your answer for a reasonable price and you can quit looking out the front door wondering when the cows are coming home.
Keep us updated on your decision/results.
smat
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Bedrock of the Community
United States
10284 Posts |
I dug it out and haven't looked at it for a couple years. Going to get a couple good pictures up tomorrow and the original pics in post No 1 will also automatically be replaced as well.
This dollar is in worse condition than I remembered, definitely a damaged coin but I must follow through and update.
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Pillar of the Community
United States
3343 Posts |
I'll argue against conserving. It looks like a nasty scrape on the rim near Liberty's head. The black grime shows in several places. The way it's packed around the date gives the indication that there has already been a lot of cleaning.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Bedrock of the Community
United States
10284 Posts |
These images I took this morning should enlarge if clicked on and also display all issues with this coin. A smaller version pair of images also were replaced in post No 1. The bigger and better the images, the uglier the damage will appear. I have seen worse Seated dollars. There doesn't appear to be overall typical hairline scratches for a cleaned coin. The surface marks to me look like (mostly) circulation hits except maybe below that dark stripe in the field on the reverse. I suspect that the "burnt" area once upon a time, was more complete as a solid black mark and this is what remains. It is the only one I have and fills a Type Coin hole in my collection. I inherited this coin so cost is not an issue, but I wonder what it would fetch if sold with these images and honest description? Thanks.       |
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Pillar of the Community
United States
3343 Posts |
I'll guess $400 retail because it looks good from a distance. All the detail is there for a strong XF. It would make an excellent belt buckle coin on either side, but the condition and common date rule it out as a collector coin.
Liberty looks like she was pounded with a meat hammer.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
04/14/2021 10:18 pm
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Valued Member
United States
291 Posts |
My answer would be to sell it and look for a coin in the condition you desire. 1872 is the most common date (representing about 1/6th of all Seated dollars minted), and that coin is not in gradable condition. The lowest reported mintage (for a coin which is known to exist), occurs for the 1852 silver dollar. The mintage was a mere 1,100. The highest reported mintage occurred in 1872 at Philadelphia, when 1,105,500 coins were recorded as struck. Total reported production across all circulation dates is 6,487,747. Of this amount, the Philadelphia Mint was responsible for producing 5,465,463 coins. Edited by usc96
04/19/2021 9:48 pm
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Valued Member
United States
291 Posts |
One additional thought: If you want to get a nice AU or low Mint State example, look for ones from New Orleans dated 1859 or 1860. Both turned up in bags when the US Mint finally decided to empty the vaults of its silver in the late 60s/early 70s. These are the two dates where you are able to get an affordable Seated Liberty dollar in AU or even low mint state. |
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Replies: 19 / Views: 4,630 |
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Posted 04/12/2021 12:45 pm
