Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1876-CC Double Eagle Newp

To participate in the forum you must log in or register.
Author Previous TopicReplies: 14 / Views: 1,502Next Topic  
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 08/06/2012  9:25 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
1876-CC-Double-Eagle-Newp
1876-CC-Double-Eagle-Newp

The larger obverse streak "scratches" are actually planchet flaws. Does this make it a problem coin? What would you grade?
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36782 Posts
 Posted 08/06/2012  9:38 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Looks AU-55 to me. Nice luster with minimal wear but it is a bit baggy. It's a CC so even the abrasions look good to me!
Pillar of the Community
Captain Morgan's Avatar
United States
620 Posts
 Posted 08/06/2012  9:52 pm  Show Profile   Bookmark this reply Add Captain Morgan to your friends list Get a Link to this Reply
Great AU-53 coin and I agree with IGE its a CC and it looks good to me.
Pillar of the Community
ErrorCoins222's Avatar
United States
1699 Posts
 Posted 08/06/2012  10:55 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
Quite chattery, but as is common with this type. Id agree with au55. Looks to be quite lustrous and everybody is generous with double eagles too, imo.
Pillar of the Community
D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 08/06/2012  11:05 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I will guess AU-58. A tad baggy but still a great coin!
Pillar of the Community
Gyrene7483's Avatar
United States
1704 Posts
 Posted 08/06/2012  11:12 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
My guess is AU-53. The grading services are a bit lenient when it comes to bag marks on the twenties because they are so heavy and are so easily marked up by other coins in the bag. A great looking coin nonetheless from the centennial year of the USA.

Ed
ANA LM-3175
Pillar of the Community
Jaobler's Avatar
United States
6389 Posts
 Posted 08/06/2012  11:19 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hair detail is pretty weak but considering the amount of luster I presume that is strike-related. Bagmarks are heavy and that reeding mark under the chin is distracting, but those marks are not too out of line for a CC double eagle. What might make this a problem coin is what looks like a patch of dense hairline scratches in the field above Miss Liberty's forehead. Unless that is exaggerated in the photo I think it would get this coin a "cleaned" rating.

In terms of luster and detail it's a solid AU, maybe as high as AU-55. A nice chunk of Carson City gold!
Pillar of the Community
United States
3184 Posts
 Posted 08/06/2012  11:44 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
AU50! Nice one Johnny, I was wondering how come we haven't heard from you, guess you've been saving up! Looks like your changing direction away from the $5 indians?
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 08/06/2012  11:51 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Thanks for the comments. I guess from the photo, the planchet issues look like bagmarks. This coin was graded by NGC "AU details Obverse Planchet Flaws" The streak across liberty's forehead extending past her hair that Jaobler commented on is part of the planchet flaw. The other planchet flaw is the one going throught the neck, then a third through liberty's mouth. In hand, it is easier to tell the difference between a bagmark and the planchet flaws as they reflect light differently.

Anyways, I paid problem coin money for it ($2350), and I think the details are 55. Problem free it would be in the 3500-4500 range. Anyways, this is also kind of a philosophical question about what defines a "problem coin". These issues obviously impact eye appeal, and hurt the coin in that respect; but I have always thought that planchet issues or lamination issues would not turn an other wise problem free coin into a problem coin. thoughts?
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 08/07/2012  12:07 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
It depends on severity. Minor planchet flaws are often holdered problem-free. The obverse is pretty rough and I agree with AU Details.
ANA #R3154474
Pillar of the Community
ErrorCoins222's Avatar
United States
1699 Posts
 Posted 08/07/2012  01:04 am  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
I have always thought that planchet flaws were a bargain because of this exact thing. They are original from the mint, but on high value, otherwise collectable coins, they are considered an issues. Had it been any modern coin or low value classic it would automatically be determined an error in most cases. I wouldn't be surprised if you submitted this one for an error attribution and it came back as a defective planchet, lamination, or metal impurity (I can't tell what yours is).
Pillar of the Community
oih82w8's Avatar
United States
7840 Posts
 Posted 08/07/2012  09:07 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Oh my! An early Twenty Dollar Gold and a "CC" to boot! Very Nice indeed!

I would go along with AU-55 for just a wisp of wear on the Eagle's wing leading edge and neck.
Edited by oih82w8
08/07/2012 09:08 am
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 08/08/2012  02:35 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
thanks for the comments. Do you think I should resubmit it under "error" submission so that I have a shot outside of a details grade? I have no doubt it would make 55-58, so it might be worthwhile.
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36782 Posts
 Posted 08/08/2012  10:53 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
johnny54321, have you thought about contacting PCGS or ANACS to see how they look at planchet flaws in their grading scheme? Might be worth the price of a phone call to know for sure before spending the money on a resubmit.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 08/08/2012  1:12 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I'll look into it, thanks.
  Previous TopicReplies: 14 / Views: 1,502Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.38 seconds to rattle this change. Forums