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Bid Or Pass On This PCGS 1860 S?

 
 
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United States
276 Posts
 Posted 05/12/2019  10:11 am Show Profile   Bookmark this topic Add Ballyhoo to your friends list Get a Link to this Message
Poll Question
https://www.ebay.com/itm/1860-S-10C...AOSwh81bdMJv

A few questions. What is it about this coin which they consider environmental damage? Looks fine through my old eyes. The strike is fantastic for the grade they gave.

So, should I bid on this? If so and I win, crack it out?


Poll Choices
 No.
  Yes, leave it as is.
  Yes, free it.

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35498 Posts
 Posted 05/12/2019  10:24 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Chances are the dark areas, especially in the lower obverse, are not just toned but corroded in a way that only greater magnification would reveal.
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 Posted 05/12/2019  10:35 am  Show Profile   Bookmark this reply Add t360 to your friends list Get a Link to this Reply
Agree with Coinfrog. Likely not just toning but some corrosion that eats into the metal.
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 Posted 05/12/2019  11:32 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Pitting is visable on this one, I'd stay away. I don't buy details as a rule of thumb except on those draped bust/ flowing hairs where it can get pricey.
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 Posted 05/12/2019  12:08 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply
Pitting seems strong left of the mintmark.
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209 Posts
 Posted 05/12/2019  12:40 pm  Show Profile   Bookmark this reply Add Daves Errors to your friends list Get a Link to this Reply
Ballyhoo: Its a buy it now NOT a AUCTION ! Ya cant BID on it. If you got 337.49 Its up to you. ? to you, Why would you want to crack it out, your not going to try and clean it for a better coin grade are you? That's a NO NO..
Edited by Daves Errors
05/12/2019 3:10 pm
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 Posted 05/12/2019  4:53 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
In my opinion I think PCGS is using the term ''environmental damage '' a little too loosely in this case . Might be a candidate for professional conservation if the value of an 1860-S Seated dime warrants it .
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276 Posts
 Posted 05/12/2019  8:07 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Thanks guys. Been deliberating on this one, the price not all that bad for what it is. I'm a rather patient fella so I think a better one will likely pop up at or near that price. As far as cracking it out, I usually buy them uncertified, with exception to the keys, simply because they look and display much better in Air-tite holders. Not to mention the space savings. Those which I have cracked out were handled with a pair of gloves going straight into the round holder. I first photograph them, cut the sides and retain the shell for future proof.
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 Posted 05/12/2019  8:16 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I don't like it. There may be a bigger problem than can be seen from the pics, such has terminal toning (corrosion that has caused pitting). Cracking it out and trying to mess with it will likely be a mistake, that dark color likely won't get removed by acetone, and dipping will probably make it look like a mess.
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 Posted 05/13/2019  11:59 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Bought this instead. Sweet!


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 Posted 05/14/2019  06:57 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I would have gone for the dime, vs a shiny modern coin. Typical early SF with a problem. Maybe it was in a fire.

I drove up from Angel's Camp to Placerville yesterday. California gold country in the spring is beautiful.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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 Posted 05/14/2019  09:04 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I would have gone for the dime, vs a shiny modern coin.

Same for me.
just carl
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276 Posts
 Posted 05/14/2019  6:15 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
On my list. Almost bought one on EBAY before I drove to OHIO for this one. The dime was around $250 where this one set me back $380. I'm waiting for that one around the two-hundred mark. (I've seen two but got out bid). I think the quarter was the better of the two deals thus far. If you base both on the current spot I made out better on the one at hand. Not that I buy gold for the resale reason like those hedge fund collectors, I buy them as little over current as possible since the coin values themselves reflect as much.
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 Posted 05/15/2019  07:47 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I looked at a bowl full of raw double eagles yesterday for $30 over spot. All commons, both libs and saints, from jewelry to AU grade. They were selling at a lower premium than modern US or Krugerrands. Nice to see all that bullion piled together, and to handle them, but not in my budget.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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 Posted 05/15/2019  4:05 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The coin shows a fine porosity over the entire surface of the coin. It is most noticeable in the highlighted areas where the wear has worn through the dark color, Liberty's right arm and the rim
Gary Schmidt
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