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To Grade Or Not To Grade 1865 2 Piece With A Pre Cud - Would You?

 
 
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Pillar of the Community
United States
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 Posted 08/17/2019  11:19 pm Show Profile   Check Yokozuna's eBay Listings Bookmark this topic Add Yokozuna to your friends list Get a Link to this Message
This coin is the best condition of any 2 piece I've ever owned. It's a RDC-2c-1865-04R using the Cuds-On-Coins web page as a guide. It has grease filled areas on both sides and many tiny die cracks extending out from the ribbon and wheat stalks on the reverse. It seems to be uncirculated, but I have no idea of the value. Do pre cud errors command a preimium? What do you think it would grade if sent to PCGS?

Features you can't see from the photo. The 2 has a rim all the way around that stands up above the center of the number. Also, the weakness on IN GOD and TRUST and on the last A of AMERICA looks like grease filled letters to me. The word WE is strong and that too leads me to believe it's UNC.

"Never attempt to teach a pig to sing; it wastes your time and annoys the pig." - Robert A. Heinlein

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7016 Posts
 Posted 08/18/2019  05:23 am  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I have around 3 or 4 of this variety, highest grade is in a MS63BN holder from PCGS lowest is probably a Fine. Not a real common variety, but not as hard as one might think to find either. I've seen at least 3 of these the past year for sale on eBay, some mentioned the retained cud others didn't. I'm thinking it will bring a bit of a premium, maybe 10% or 20%. If the coin is MS (I can't tell from these photos), then it can't hurt to grade it, but PCGS, NGC won't label anything about the retained cud that I'm aware of. ANACS might list it as a retained cud on the label if you pay them extra for the error description.

Oih82w8 has one a touch nicer than mine too. We found out in this thread a few years ago. I think his is MS63RB or 64RB also PCGS IIRC. http://goccf.com/t/154188 unfortunately it looks like all the photos from that thread were on photobucket, so now gone.

Here is one of the raw coins I have (rev only sorry):

and the PCGS MS63BN:







As you can see PCGS didn't mention anything on the label so to me it's not worth sending it in and paying a bunch to get the coin back without the label, unless the coin is grading MS63 or better - IMO.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2 variety collector.

See my want page: http://goccf.com/t/140440
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40423 Posts
 Posted 08/18/2019  09:30 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Don't know whether pre-cud examples command a premium, but the OP's coin is certainly an attractive one (64BN?) that would probably justify a holder in any event.
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 Posted 08/18/2019  12:35 pm  Show Profile   Check Errers and Varietys's eBay Listings Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Very nice coin and Pre-Cud!
More information about Die Deterioration? http://goccf.com/t/317950
Retired U.S. Mint Coin Die Set information. http://goccf.com/t/302961
1973 D Lincoln Memorial cent With Recurring Die Subsidence Error Information. http://goccf.com/t/304624
Machine Doubling tutorial. http://goccf.com/t/332421
Die states progression on coins. Scroll down, so you can see the different die state progressions. http://goccf.com/t/325638
Die Deterioration Doubling Tutorial. http://goccf.com/t/336470
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United States
261 Posts
 Posted 08/19/2019  3:06 pm  Show Profile   Bookmark this reply Add collectinsince65 to your friends list Get a Link to this Reply
Very nice coin and great eye finding it!
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 Posted 08/23/2019  09:26 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'd put that in an Album.
just carl
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