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Lexington/Concord Commemorative In Hand - Grade Thoughts

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paleoguy45's Avatar
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 Posted 12/29/2011  2:01 pm Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
The Lexington/Concord Commemorative arrived today and it's a little beauty. What makes it even more special is the original "rattler" it came in - the original wooden boxette from the issuing authority. Your thoughts on grade would be greatly appreciated. I get a MS-65 for it....
Lexington/Concord-Commemorative-In-Hand---Grade-Thoughts
Lexington/Concord-Commemorative-In-Hand---Grade-Thoughts
Lexington/Concord-Commemorative-In-Hand---Grade-Thoughts
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jbuck's Avatar
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muddler's Avatar
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 Posted 12/29/2011  3:37 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
It's a cool addition PG. I'm leaning to ms 64, the fields are nice but I wonder about the soldier. Via your photo it looks to me like many contact marks (possibly from rattling in the box) on the high points. It could just be design I am unfamiliar with as mine is worn. Let's see what Nicklesearcher has to say.
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ErrorCoins222's Avatar
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 Posted 12/29/2011  3:52 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
I would also say ms64, dipped. The lexington boxes usually give a tone to the coins they hold. Nice pickup!
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nickelsearcher's Avatar
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 Posted 12/29/2011  5:40 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Ahhhh ... it's a tough putt to grade any coin by photos ... yet alone these classic silver commemorative where every example has it's own high points for wear and strike characteristics.

PG can apply the following observations to determine in-hand if this is an MS coin ... high point on the obverse is the right thigh of the Minuteman adjacent to where he is holding his rifle. High point on the reverse is the lower left corner of the wooden structure directly above the letter "R" of "Old Belfry"

I believe this to be an MS coin unless PG writes back and reports wear/rub in the two specific spots I suggested. Then ... all bets are off and we conclude AU58 slider.

That said ... my thoughts on this lovely coin FWIW ...


Quote:
dipped. The lexington boxes usually give a tone to the coins they hold


I'm seeing evidence of original luster throughout the coin ... suggest that perhaps the seller married an original box with another coin ... PG can advise on the quality of the luster and evidence of a prior dipping ... not that it matters to the grade, and this coin IMHO would pass any TPG scrutiny relative to altered surfaces.

To help me give an honest opinion I pulled out my PCGS MS65 example ... note this coin was rejected by CAC ... so this should be considered the lower end of MS65 grade.

Not trying to hijack the thread ... but the comparison photo might be helpful to note differences between a PCGS certified coin and PG lovely example ..

Lexington/Concord-Commemorative-In-Hand---Grade-Thoughts

Sooo ... PG coin has cleaner fields ... note the obverse bag hits and marks on my example.

My example has more obvious 'spark' from luster ... but luster is the toughest thing to capture in a coin photo ... and that might be the case here.

I have no issues with the surfaces of the obverse portrait of the Minuteman ... although I do wonder what is going on with the fields above the plow in his left hand?

There is a significant bag-hit on the reverse on the letter "D" of "OLD BELFRY" ...

Other than that the two coins appear to be equivalent to my eye ... and based on PG photo ... to be equivalent in grade as well.

Soooo ... assuming PG can verify no rub/wear on the high points ... and true original luster ... my vote is ..

MS65 and should be able to be certified as such by a TPG.

Lovely coin PG .. and a true score if you actually plucked an MS65 at the price you paid.

BTW ... it would be remiss of me not to mention that Chester Beach designed this coin ... he of Hudson Half and other coin fame ... one of my favorite designers in this series ... and the final approval of Mr. Beach models was made by Commission of Fine Arts member James Earl Fraser ... whom we know for his Buffalo nickel design and obverse of the Oregon Trail Half.

Gotta love the history, stories and connections that abound in this fascinating and under-collected series.

Cripes ... apologize if needed for the long reply ... PG is our collecting buddy and I felt that I owed him the courtesy of hearing my thoughts.

David
Take a look at my other hobby ... http://www.jk-dk.art
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paleoguy45's Avatar
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 Posted 12/29/2011  6:01 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Great analysis and input (as always) David. I can't find that the coin "enjoyed" any detrimental events in its life thusfar, so it's going to the graders shortly. I love this chase for commemoratives (both early and modern) and I have refocused my resources toward that end. Just finished my third complete set of MS Atlanta Olympic Dollars (95 & 96) and am really concentrating on the other lower mintages (got four Community Service UNC's in the past week). One question that hopefully someone can answer --- The sixth lowest number of Modern Commems in circulation appears to be the Dolley Madison UNC dollar. I know the Mint struck eighty-some thousand, but I think that only 22.9K were actually sold. Can anyone confirm once and for all that there are <23K total Dolley's out there? If so, that's the coin to go after.... You can get great ones for under $50 currently. I'm up to six and counting.... PG
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cc99999's Avatar
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 Posted 12/29/2011  7:10 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
Lovely Lex, PG.

Also, getting the box is great. I see a seller on ebay had the box on a recent auction that I did not participate on. I think getting the original packaging is a tremendous plus. I am of the impression that the coin might have been mated with the box because the coins I've seen in box were very toned.

I hope you get an MS-65 back for this piece, it certainly looks good!
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muddler's Avatar
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 Posted 12/29/2011  7:25 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
PG, perhaps the difference in mintage numbers of the dolly Madison dollar could be single coin uncirculated and the addition of the two coin set with the proof also issued then.
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nickelsearcher's Avatar
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 Posted 01/13/2012  6:49 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Any grade results PG?



David
Take a look at my other hobby ... http://www.jk-dk.art
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GR58's Avatar
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 Posted 01/16/2012  11:43 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Very nice looking coin PG ... I have been keeping a eye out for a nice one of these.

I also like the box. I did not know that was a box the lex came in ...
I have seen that same box in my past .. minus the coin .. I wish I had know
what is was ...


I also wish I had the funds to put into modern comm's like your doing.
I too think they are a very good investment.

I did pick up a track and field this past weekend. And I have a
community service and civil war coming. I think I am really going to have
to put some effort into getting this set completed
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f16's Avatar
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 Posted 01/20/2012  6:14 pm  Show Profile   Bookmark this reply Add f16 to your friends list Get a Link to this Reply
very nice very nice indeed
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GR58's Avatar
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 Posted 01/21/2012  10:14 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
The sixth lowest number of Modern Commems in circulation appears to be the Dolley Madison UNC dollar. I know the Mint struck eighty-some thousand, but I think that only 22.9K were actually sold


PG ... just curious .. where you are seeing this number .. I would like to know more about it.

I have been thinking the Yellowstone UNC is a sleeper.
If Red Book is correct on the mintage (23,614) I would think this coin should have a higher trading price.
CDN is $44 .. I recently purchased one off ebay for $32.
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 Posted 01/21/2012  11:19 pm  Show Profile   Bookmark this reply Add LowBall Commem to your friends list Get a Link to this Reply
Great coin Paleoguy!

I have trouble grading these in Mint State, but if it has sufficient mint luster I believe it looks MS63-64.

Having the original box with it is a great bonus that few collectors have.

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