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Replies: 14 / Views: 1,502 |
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Rest in Peace
United States
4849 Posts |
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Bedrock of the Community
United States
36782 Posts |
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!
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Pillar of the Community
United States
620 Posts |
Great AU-53 coin and I agree with IGE its a CC and it looks good to me.
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Pillar of the Community
United States
1699 Posts |
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.
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Pillar of the Community
United States
5854 Posts |
I will guess AU-58. A tad baggy but still a great coin! 
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Pillar of the Community
United States
1704 Posts |
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
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Pillar of the Community
United States
6389 Posts |
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!
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Pillar of the Community
United States
3184 Posts |
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?
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Rest in Peace
 United States
4849 Posts |
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?
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Bedrock of the Community
United States
10982 Posts |
It depends on severity. Minor planchet flaws are often holdered problem-free. The obverse is pretty rough and I agree with AU Details.
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Pillar of the Community
United States
1699 Posts |
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).
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Pillar of the Community
United States
7840 Posts |
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
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Rest in Peace
 United States
4849 Posts |
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.
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Bedrock of the Community
United States
36782 Posts |
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.
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Rest in Peace
 United States
4849 Posts |
I'll look into it, thanks.
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Replies: 14 / Views: 1,502 |
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