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 Replies: 19 / Views: 2,867 |
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Valued Member
United States
123 Posts |
Thinking of buying this penny but welcome your comments on the grade. I have been assured the coin has never been cleaned but not sure about that. Thanks for your input on the grade.   |
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Pillar of the Community
United States
7840 Posts |
Looks nice to me, and certainly better than the one I don't have. I would be weary of it being raw though. Something about the legends on the obverse...they are too neat.
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Pillar of the Community
United States
1204 Posts |
Xf duo the wear on the ear , hair and rim but who knows they always overate these keys ! Beautifull coin btw if it was on my local coin dealer he would grade it as a ms63 or 65 lol !
How much is the price asked just curious ?
Edited by Ricardocody
12/12/2011 7:43 pm
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Pillar of the Community
United States
3540 Posts |
Definitely send this one in as soon as possible. Reverse has astounding detail...as in MS63/64. But looks wiped.
Obverse - Lincoln has very, very soft details and the color seems off.
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Pillar of the Community
United States
784 Posts |
It looks like a coin that got cleaned a long time ago. maybe its just the pictures or my eyes.
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Valued Member
 United States
123 Posts |
The asking price is $1300............ Do you think it is too much?
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Valued Member
United States
123 Posts |
The asking price is $1300............ Do you think it is too much?
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Bedrock of the Community
United States
19947 Posts |
AU50, maybe EF45....details. Looks to be a die pair 2. A close up the date and MM is a MUST have.
1) ALWAYS be suspecious! Buying a raw one of these is RISKY business even if you're pretty good at them.
2) Some odd marks below LIBERTY, I would call that damage.
3) Looks to have an old cleaning that has retoned.
4) ALWAYS be suspecious!
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Pillar of the Community
United States
1204 Posts |
1300 is a good price for the condition of this coin .
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Bedrock of the Community
Canada
10743 Posts |
$1300.00 is a great price if it's real.  The reverse looks like it has a bit of 'woodgraining' on it. It looks like an AU-50/53 to me. |
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Pillar of the Community
United States
2335 Posts |
I don't trust myself enough to purchase such a heavily faked coin raw. I'd also be concerned about the dark spots on the reverse between the N & E of ONE, on the left wheat stalk & on the last A of AMERICA. Looks like it could be corrosion.
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Valued Member
United States
123 Posts |
The coin is being sold by a very reputable coin shop. I have no doubt about the authenticity, my main concern was whether it has been cleaned and if the coin in this condition is worth the asking price. Thanks for all the replies.
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Pillar of the Community
United States
2335 Posts |
Ok, I'll bite. If the coin shop is reputable enough that you aren't concerned about authenticity why don't you believe them when they say it hasn't been cleaned?
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Valued Member
United States
123 Posts |
Well, I do trust him but I do like second opinions.
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Pillar of the Community
United States
666 Posts |
Were it me... I would buy this one only if I was planning on reselling it.
Here's what I would offer the dealer.
Tell the dealer that you will pay to send it to ANACS and that you may buy it for $1300 upon it's return. I suspect that this one is going to come back with problems including cleaning and corrosion. However at that point you'll know the net grade as well as what the problems are.
My grade on it
AU50 details, corrosion, cleaned
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Pillar of the Community
United States
3540 Posts |
This is not a $1300 coin. It is a problem coin. If the dealer will go with getting it graded...AND it comes back WITH a grade (not details), then I would buy it. This coin will never get better...unfortunately. Sorry bud.
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Replies: 19 / Views: 2,867 |
Posted 12/12/2011 7:41 pm
