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Replies: 23 / Views: 3,141 |
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Pillar of the Community
Canada
557 Posts |
Looking forward to these results, may finally settle the criticisms surrounding ICCS once and for all....or not. 
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Bedrock of the Community
United States
94367 Posts |
Agree. Surely this cannot have been graded MS.
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Pillar of the Community
 Canada
5397 Posts |
Will , you are thinking this is a slightly impaired Specimen ? Certainly has strong Sharp and square obverse dentils and devices .
Edited by Pacificoin 11/30/2022 6:27 pm
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Pillar of the Community
 United States
1352 Posts |
I agree with Jack. SP-63.
http://www.victoriancent.com2011 & 2025 Fred Bowman Award Winner, 2020 J. Douglas Ferguson Award Winner, & 2022 Paul Fiocca Award Winner. Life Member of RCNA.
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Pillar of the Community
Canada
1621 Posts |
Seeing as specimen coins are Dollarman's specialty, I think Pacificoin and Bosox are right, but we'll see what ICCS says...SP-62?
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Pillar of the Community
Canada
1505 Posts |
The part that is throwing me is the denticles and overlap. Not sure if a specimen would have these.  The strike is very nice, love the OBV.
Edited by purelywasted 11/30/2022 6:51 pm
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Pillar of the Community
 Canada
4911 Posts |
Some good guesses..and as expected, all over the map. The coin has identical die diagnostics to specimens and has more reflectivity and rim definition than any mint state coin I've seen. Reflectivity and strike like this simply doesn't exist on pre-war dollars aside from some 1939s..and even then such a full rim is never encountered.
I am confident in the specimen status of this coin and it is quite a discovery as I did not buy it as a specimen.. meaning it represents a newly discovered example of this very rare issue. Unfortunately, she has definitely lived a rough life and in my opinion only grades around SP-62/SP-63. I think the surfaces are still there for 63 as some leniency is placed on such large coins in SP and they need to be virtually ruined to achieve a grade of SP-62 or lower. I think this piece may have been purchased in 1938 from the mint then found its way into a tin with other valuables..where it got a little beat up from sliding around unprotected then eventually got dipped once it made its way into a dealer's hands.
It's noted in the Norweb catalogue that before the Norweb SP-67 hit the market, even the existence of a gem grade example was doubted. Since that statement, there are only three above the SP-64 grade...out of 10-15 examples out there. I say all this just to clarify to those less familiar with this issue how unbelievably rare it would be to come across a coin that wasn't to some degree mishandled.
Feel free to call me Will.
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Pillar of the Community
 Canada
4911 Posts |
Good catch purelywasted, those notches in the fully formed rim aren't uncommon on specimens. I believe the reason for this is the slow careful strike, causing the beginning of the denticles before the planchet expands more in the collar displacing the metal and leaving it right above the denticles..where it sometimes doesn't fully strike out in the rim.
Edited to add: you can see something identical to this on the obverses of the Cook PCGS SP64 and the ICCS SP64 when checking heritage archives.
Feel free to call me Will.
Edited by thedollarman 11/30/2022 7:08 pm
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Valued Member
Canada
321 Posts |
Edited by Dollar 1935 11/30/2022 11:27 pm
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Pillar of the Community
 Canada
4911 Posts |
My assumption is that the reflective surfaces were written off as cleaning and resulted in a net grade AU50 instead of a MS60ish cleaned..when of course the coin isn't actually cleaned but is just a specimen. I can see how this one could trick a grader who is trying to bang out a bulk submission from a dealer.
Feel free to call me Will.
Edited by thedollarman 11/30/2022 11:40 pm
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Valued Member
Canada
321 Posts |
Crazy eyes for sure, The amount of specimens you found in the wild is quite exceptional! 
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Bedrock of the Community
United States
36826 Posts |
AU-55, shows signs of either circulation or mishandling.
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Pillar of the Community
Canada
1621 Posts |
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Pillar of the Community
 Canada
4911 Posts |
Unfortunately the coin graded AU50 again..I wonder if perhaps he saw this thread or remembered the coin from whoever previous submitted it...it's got everything going for specimen.. unfortunate. Time to try a different TPG and cross my fingers!
Feel free to call me Will.
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Pillar of the Community
Canada
557 Posts |
It would be interesting to see where PCGS would land.
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Replies: 23 / Views: 3,141 |
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