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 Replies: 11 / Views: 818 |
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New Member
United States
23 Posts |
This thing has obviously seen better days but I'm wondering if there's still value in it and also if it could have been a fake even though the reeds number 89. Thanks   |
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Pillar of the Community
United States
3003 Posts |
It appears to have the die crack through the CC so it's probably genuine. I'm sure it still has "some" value - a G Details sold in January for $2400 and other details coins sold above $1000 - but this one has a lot more "details" than most...
Edited by kbbpll
03/21/2023 10:45 pm
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Bedrock of the Community
United States
10287 Posts |
Ouch - that hole and deep scratches hurt a lot.
Take a look at my other hobby ... http://www.jk-dk.artToo many hobbies .... too much work .... not enough time. |
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Bedrock of the Community
United States
50122 Posts |
A details grade will lessen the value of any coin. The rarer it would be without the details grade to begin with the more value it will retain with a details grade. John1  ( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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Bedrock of the Community
United States
78239 Posts |
If it's yours, tell us how you came across it.
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Pillar of the Community
United States
5768 Posts |
IMO it's a fake.
The arrows look wrong.
If that's the case it's worth only silver melt.
Describe it as if there were no picture.
Picture it as if there were no description.
Edited by kanga
03/22/2023 08:44 am
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Bedrock of the Community
Australia
20941 Posts |
By about 90% for grade, until bullion price is reached.
BTW, a holed fake coin would have no value at all.
Nevertheless. that shouldn't stop you from collecting holed coins that otherwise have significant value.
Even fakes.
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Pillar of the Community
United States
4374 Posts |
Looks genuine to me. A scarce coin like this will always have some value, but given the heavy damage and poor eye appeal, it might only be around 10% of the value of an undamaged coin in similar grade.
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Pillar of the Community
United States
2346 Posts |
Assayers drill perhaps? Also, the arrows just look damaged to me. Would a TPG still grade this coin? Perhaps as a "Details" coin? Just curious. Nice history! Edited by dsking
03/22/2023 11:49 am
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New Member
United States
23 Posts |
Good to hear it has retained some value at least. Would counterfeiters be attempting to replicate this right off the bat? I guess they probably could have known it was going to be desirable given the mint numbers right?. I just ask because it's been in the family since at least 1890. Well that's how the story goes anyway because my great grandmother is supposedly wearing this coin around her neck in a photo taken that year. I guess it was a fairly popular thing to do at the time.
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Pillar of the Community
United States
2346 Posts |
Quote:
because my great grandmother is supposedly wearing this coin around her neck in a photo taken that year. Right there is your personal history! Cool!
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Pillar of the Community
United States
3003 Posts |
It would be worth having a TPG authenticate it as genuine, despite the condition. One estimate says less than 135 survivors. It should weigh 2.5 grams minus the hole. Less washed-out images would allow us to better decide if it's real. Most counterfeits during this era were to fool people that it was real money, not for collectors, and the Seated dime was a popular target. Those were all rather poor quality and not silver. |
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Replies: 11 / Views: 818 |
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Posted 03/21/2023 9:58 pm
