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 Replies: 11 / Views: 1,156 |
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Pillar of the Community
United States
974 Posts |
Don't know much about these since primarly the ones I have gotten have been upgrades to finally this coin (I think). I understand that 1859 - 1864 Copper-Nickel IHC were often weakly struck and this one has 4 diamonds (the bottom one is there but weak), but what's your alls thought about grade on this one?   Edited by Nelrak
01/16/2008 10:55 pm
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Valued Member
United States
140 Posts |
wow!...that is a beautiful coin....MS-67,68?
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Valued Member
United States
473 Posts |
Stunning coin! I go with MS-65. I notice a scrath on the neck and some sort of blemsih above the 'E' in 'states' on the obverse and a small dot or do here and there--all minor compared to the overall beauty of this coin. Where you pick up/how much for such a beauty?
--Gary
Edited by GFR3
01/17/2008 7:42 pm
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Pillar of the Community
United States
1130 Posts |
1860 Broad Bust variety. Repunched 6 ? Purrty. I say MS64.
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Pillar of the Community
United States
3233 Posts |
I'm guessing it's fully UNC. I don't know about the luster though. Anywhere between 62-64.
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Member
United States
3242 Posts |
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Pillar of the Community
United States
1173 Posts |
Beautiful coin.  Beautiful photos.  |
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Valued Member
United States
140 Posts |
Can we use this coin as a learning experience? I see some putting this coin at 62-64....Maybe I take a wrong approach when grading. I always start with the base line being MS-70 and then look for criteria to bring the grade down. With this coin, I see a single hit on the neck(which for this coin is a primary area) and nothing else of note on the entire coin. The coin has great luster and superb detail with no signs of wear anywhere. In my opinion, this coin without the hit on the neck, this coin would be pushing a MS-69, MS-70 grade. Would someone who is good with grading care to express their technigue and opinion on this coin?...I don't mean that to sound as any who have already posted are not good Edited by MountainXBGL
01/18/2008 4:07 pm
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Bedrock of the Community
United States
12437 Posts |
quote:
this coin without the hit on the neck, this coin would be pushing a MS-69, MS-70 grade.
Since you are looking for a learning experience, here ya go Heritage Auction Galleries has sold over a half billion dollars worth of coins. They have only auctioned 5 MS68 IHCs and 103 MS67 IHCs and some of those are bound to have been reauctioned over the years. That means those lofty grades are incredibly rare and when you look at those examples, this one doesn't come close(not a slam on the coin as it is quite nice, just not $10,000+ nice  ). There are a few scattered carbon spots and small nicks with the most noticeable being on the neck. The tips of the feathers and diamonds on the ribbon are not quite fully struck. On the reverse, the leaf veins and shield lines are slightly weak and a few random small nicks and carbon spots are present. Full sharp strikes are necessary if you are grading MS66+ and carbon spots will keep a coin from that level as well. However, Nelrak's coin is a very nice example for those of us not on a millionaire's budget. I would grade this coin MS64 which is still a pricey coin but one most of us could afford without taking out a second mortgage. Edited by biokemist6
01/18/2008 5:28 pm
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Valued Member
United States
140 Posts |
Thanks for the reply Bio.
I understand what you are saying, however I have seen several coins graded ms-67 that could not touch this coin. I have seen lincolns graded ms-64 in this forum that were nowhere near this coin.
I would be very interested in seeing what a grading service would give this coin.
And please understand that I am not saying this in a "challenging way" because I have no authority to grade a kindergarten paper much less an 1860 coin, but just trying to learn as I go.
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Pillar of the Community
United States
1130 Posts |
When you go above MS64, it becomes very nit-picky. Mint luster, eye appeal, strike and small minute details become big criterias when searching for perfection. I also used a bit of Rick Snow's Photo Seal standard as a basis in grading your coin.
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Pillar of the Community
United States
1691 Posts |
PCGS and you can take it to the bank!
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Replies: 11 / Views: 1,156 |
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Posted 01/16/2008 11:33 pm
