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Re-Wording The Question: How Much Is It Worth?

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houston_guy462004's Avatar
United States
235 Posts
 Posted 02/15/2007  8:33 pm Show Profile   Bookmark this topic Add houston_guy462004 to your friends list Get a Link to this Message Number of Subscribers
I previously asked what grading standard can be used for Spanish pillar dollars from Good to Extremely Fine, but received no response. Let me try a more plebian approach. The Krause catalog indicates that a pillar dollar in VG is worth $50, but $150 in VF. Is there any opinion as to how to differentiate between VG and VF?
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Irishraider's Avatar
United States
1454 Posts
 Posted 02/15/2007  10:57 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
wish I could help but I dont have a clue

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Sap's Avatar
Australia
16827 Posts
 Posted 02/16/2007  02:07 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I'm not an expert in the series - I don't have a dollar, only a couple of the fractional pieces - but here's my understanding.

On a VG coin, the pillars, globes and portrait will appear as nearly-featureless silhouettes.

Most of the fine detail, except on the high points, would still be visible on a VF specimen.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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houston_guy462004's Avatar
United States
235 Posts
 Posted 02/16/2007  10:48 am  Show Profile   Bookmark this reply Add houston_guy462004 to your friends list Get a Link to this Reply
Sap- - Thank you. The only point of reference and comparison I can find is looking at pillar dollars sold by Daniel Sedwick, but his coins grade only VF asnd EF. Unlike the minoor denominations, I have not seen a pillar dolllar worn smooth, which I guess we can agree grades G or VG. I believbe one popint of wear is the degree to which the PLUS ULTRA is visible, but I don't know what points to look for on the obverse (shield and crownm). But thanks for your atteempt to offer some guidance.
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