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Replies: 11 / Views: 1,355 |
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Valued Member
United States
368 Posts |
Going through some of my late Grandfather's coins, I came across this beauty. She was wrapped in a Kleenex and then wrapped in foil. I was thinking of sending this one off for TPG....what are your thoughts?  
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Pillar of the Community
United States
2797 Posts |
Kind of depends on your "intentions". If keeping for your personal collection for the foreseable future, then no. If you want to sell or trade it, then absolutely "yes".
I see no problems from the photos, but the series is highly "manipulated" to make them appear original. This one may have been purposely retoned to cover an old cleaning. Only a close inspection will tell.
Bottom-line ... you'll get much more for a certified example if it holders problem-free.
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Valued Member
 United States
368 Posts |
Definitely never parting with it....my grandfather died in the 60's, so I assume the Kleenex/foil combination has been surrounding it since then. Could this cause the toning? I just put it in a 2x2 flip....but I want to make sure it's preserved for a long time to come. My main "intention" is preservation for future generations.
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Valued Member
United States
136 Posts |
It seems like the piece is extremely important to you, so in my own opinion, I'd send it off to a TPG. Not to mention those slabs will preserve it extremely well.
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Pillar of the Community
United States
7840 Posts |
Really nice AU-50 "2-bits".  I would slab it, but my whole (3/5ths complete) 7070 set is slabbed. Or as my wife likes to call them "drool preventers". 
Edited by oih82w8 12/19/2011 7:30 pm
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Pillar of the Community
United States
1213 Posts |
I'd go for a slab on this one to keep it nicely preserved.
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Pillar of the Community
United States
870 Posts |
Absolutely, and handle only with gentle cotton gloves!
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Pillar of the Community
United States
8904 Posts |
Quote: Absolutely, and handle only with gentle cotton gloves!  This is a genuine beauty that should be properly cared for for the next generations of Lowlifes!
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Pillar of the Community
United States
6394 Posts |
It looks like an AU-50 to me and I don't see any obvious problems. Retail value for a no-problem AU is in the $125 range. Since you don't plan to sell the advantages of slabbing are 1) to securely package the coin for protection, and 2) to hopefully verify that there are no cleaning or other damage issues. If these services are worth the grading fee then by all means send it in. I'd use ANACS since they are good and also cheap.
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Valued Member
 United States
368 Posts |
Thanks everyone....I was leaning towards ANACS as well! I was hoping MS, but AU sounds like the consensus.
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Rest in Peace
United States
5375 Posts |
I'd say AU-55, doesn't look like much wear, betting it has more luster in hand.
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Pillar of the Community
United States
6394 Posts |
Quote: I was hoping MS, but AU sounds like the consensus. The AU verses MS distinction is very important and it can present challenges. For this quarter, look at the high points of the design: Liberty's breasts and head, her right thigh, the stars, the eagle's head, upper wing edges, and talons, the edges of the IGWT scroll, and the thick end of the olive branch. In your photos I see grayish color changes and some loss of detail on these points which means wear. You will probably also see reduced luster in the open areas of the fields compared to the luster present in the protected areas between stars and letters. Your photos do not show this effect but I'd bet it is apparent if you examine the coin carefully under a point-source light like a halogen desk lamp. Based on these photos I think the coin makes AU, possibly as high as AU-55, but can't make the mint state threshold.
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Replies: 11 / Views: 1,355 |
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