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Please Help Me Grade This 1900 $20!

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bcar's Avatar
Japan
4 Posts
 Posted 02/01/2013  10:29 am Show Profile   Bookmark this topic Add bcar to your friends list Get a Link to this Message Number of Subscribers
Hi everyone,

I'm desperate for a little help grading a 1900 $20 liberty double eagle. I'm about to buy this piece from a seller on ebay, and I'm not sure how reliably I can trust ICG's grade of this coin.

The first 4 photos I've included were posted on the ebay seller's auction; the last pair of photos comes from an auction of it that I found online previous to this auction. Obviously, there are some noticeable differences between the sets of photos the ebay seller supplied and the ones found in another online auction.

Please help! What would you grade this coin really? Is it really worthy of MS66, or am I being scammed? The ebay seller is offering it for $5,800. Thank you so much.


Please-Help-Me-Grade-This-1900-$20!

Please-Help-Me-Grade-This-1900-$20!

Please-Help-Me-Grade-This-1900-$20!

Please-Help-Me-Grade-This-1900-$20!



Please-Help-Me-Grade-This-1900-$20!

Please-Help-Me-Grade-This-1900-$20!
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 02/01/2013  10:43 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply


the gold experts will come along soon enough and assist you with this

best of luck with the end result
Pillar of the Community
Canada
933 Posts
 Posted 02/01/2013  11:53 am  Show Profile   Bookmark this reply Add Kman to your friends list Get a Link to this Reply
I'm no expert but think its more like an MS 64, couple nice dings on the reverse and the obverse has a fair bit of chatter,and I am guessing there would be a substantial price difference
Edited by Kman
02/01/2013 11:55 am
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IndianGoldEagle's Avatar
United States
36745 Posts
 Posted 02/01/2013  11:56 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Probably would go PCGS MS-65. Really nice coin!
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 02/01/2013  12:55 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
! What an entrance to CCF!

That is a beautiful coin. I hope you keep us updated on your final decision and post new pictures if you do decide to get it.
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mds308's Avatar
United States
1721 Posts
 Posted 02/01/2013  1:07 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
IndianGoldEagle,

Don't you think the cheek rubs would hold this coin back a little? Other than this, I agree it is a great looking coin.
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IndianGoldEagle's Avatar
United States
36745 Posts
 Posted 02/01/2013  1:46 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I don't think these are severe enough to knock the coin down to a 64. But putting out this kind of money on a guess would steer me towards buying an already slabbed PCGS or NGC slabbed coin.
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Prethen's Avatar
United States
3234 Posts
 Posted 02/01/2013  3:16 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
The surfaces and devices do look pretty clean. I would think a 65 is quite possible. This is a coin to see in hand to see if it's really worth of a 65 or higher. Tough to bid without much better pix and/or not seeing it in person.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/01/2013  3:17 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
But putting out this kind of money on a guess would steer me towards buying an already slabbed PCGS or NGC slabbed coin.


Most important words spoken in this thread.

Even with the relatively-nice images, it's a very tough call whether or not this one gets 65 from PCGS. The fields are a bit skritchy, and it's unknown how they'd view the small-but-attention-grabbing marks on the shield verticals.

66? Nope. 65? Maybe. That would net you handsome profit potential, but it would need to be in a PCGS slab, and a 64 would wreck your investment.

I really can't see myself risking Six Large on this coin.
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Canada
933 Posts
 Posted 02/01/2013  4:03 pm  Show Profile   Bookmark this reply Add Kman to your friends list Get a Link to this Reply
That's probably why its on the BAY! Though you can find nice pieces and amazing finds, everything is always better in hand and in a big 3 holder
Edited by Kman
02/01/2013 4:05 pm
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 02/01/2013  4:14 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
after reading responses from what I know to be reliable sources of information on this forum, I would pass on this coin as an MS66 and just keep looking. There are tons of auctions out there and you can find the right investment for your money with time and patience. just my thoughts...good luck
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bcar's Avatar
Japan
4 Posts
 Posted 02/02/2013  01:14 am  Show Profile   Bookmark this reply Add bcar to your friends list Get a Link to this Reply
Thanks for the great advice and the opinions guys, I really appreciate all of your help. It seems like there isn't a solid consensus on what this would grade, other than it isn't a 66. It could be 65, or it isn't. It's an awful risk to take, I agree.

I've decided that since I've made deals with this seller before as someone I feel I can trust (and he offers a 14-day full money back return policy), I'm going to go ahead and buy the piece. But I have a plan. I'm going to request that he sends it into PCGS for me once I've made my payments on it, and ask him if it's still returnable if PCGS-graded. If he won't agree to that, I'll still buy it, and see how I like it in-hand (and upload higher quality pics for y'all to see) and get your opinions again. If I'm not satisfied with how it looks in person (and neither are you) then I'll simply return it to the guy within the 2-week grace period. I can't lose.

And if there's anyone else out there who would still like to give an opinion/grade, please go ahead! I'm looking for as many opinions and pieces of advice as I can! Thanks!!
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/02/2013  01:30 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Fabulous coin, but not MS66.
That is a very hard grade to achieve with such a large gold coin where the metal is very soft.
On the first obverse image, I can see quite a few tiny scuff marks.

Whatever the nominated grade, it would certainly look nice in any collection.

I suspect that there is a temptation for some TPG's to overgrade slightly, especially at the higher grade levels. There has been some discussion here in the CCF about this issue in the past.
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 02/02/2013  08:42 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
That sounds like a very good plan to me.

Please still keep us posted on the outcome. If you happen to get it in hand, !

Happy buying!
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bcar's Avatar
Japan
4 Posts
 Posted 02/02/2013  10:01 am  Show Profile   Bookmark this reply Add bcar to your friends list Get a Link to this Reply
Thanks for your opinion sel_69l, so do you think it would grade ms65 or 64 then, in your opinion?

CoinsKelly, I'll have finished my payments in April and I will be back in the states in July (I am going to request he have it sent to me in early July) so as soon as I am able to see it in person I will post pics, you have my word :)

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Jaobler's Avatar
United States
6385 Posts
 Posted 02/02/2013  1:41 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
FYI, here's a PCGS MS-65 example of this date that sold on Heritage for $4512 last May (including buyer's fee). The ICG coin does not look quite as "clean" as this piece although it does have great luster. The PCGS coin has less rub on the cheek which I think is an important advantage.
Based on the available images I don't think the ICG piece would make PCGS MS-66 and might not be strong at MS-65.


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Please-Help-Me-Grade-This-1900-$20!
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