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Replies: 22 / Views: 2,117 |
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Pillar of the Community
United States
1304 Posts |
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Pillar of the Community
Canada
933 Posts |
Ef 45, reverse looks really nice obverse shows a lot of wear, and from photos little to no luster
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Pillar of the Community
 United States
1304 Posts |
Edited by EFLargeCents 02/11/2013 12:12 pm
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Pillar of the Community
United States
7192 Posts |
Over all XF-45 with visible wear on the observe. With the uniform color it suggests a prior cleaning. Very comparable to my example.
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Pillar of the Community
United States
648 Posts |
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Pillar of the Community
United States
1339 Posts |
Very nice half.....NGC might have said XF-details
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Pillar of the Community
United States
3843 Posts |
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Pillar of the Community
United States
5854 Posts |
I will go with AU-50. From the last picture, I only see very limited amount of mint luster remaining which I think will hold it back from a higher grade.
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Pillar of the Community
Israel
2420 Posts |
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Pillar of the Community
United States
9792 Posts |
AU53 details - cleaned
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2˘ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
 United States
1304 Posts |
I don't really know what to make of the guesses everyone made of the grade. In hand, I think the reverse looks AU58 possibly better. There is no wear and only the chatter in the fields. The luster looks original and comparative to MS coins I have seen slabbed. The obverse clearly has wear and less luster. Has this been dipped? Probably?  If it was cleaned, it apparently wasn't improper enough for NGC.  Westcoin, great job on your guess of AU53, would love to know how you came to see it as such! I can understand why everyone said details (cleaning) because of the uniform color, but I have seen slabs out there of the seated type in AU that have uniform color and no details grade. 
Edited by EFLargeCents 02/12/2013 2:23 pm
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Pillar of the Community
United States
7192 Posts |
it's a great coin; we tend to be more harsh on older coins with a uniform color but NGC saw what a fine example it is too.
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Pillar of the Community
Canada
933 Posts |
It is a very nice coin, the obverse has a lot of flat spots that is why I gave it ef45
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Pillar of the Community
United States
6385 Posts |
I would stand by a conservative grade of XF-45. An AU coin theoretically should still have 50% of original luster remaining. Admittedly, that is a very subjective judgment and TPG standards seem to have relaxed in that regard. I agree that this coin has likely been dipped or otherwise processed in a manner that muted the luster. Otherwise, with the AU-class detail the luster should have been much stronger, especially on the superior reverse. NGC apparently assessed this coin just in terms of detail and judged the surfaces to be market acceptable, resulting in a no-problem grade. An XF-45 would have been a more balanced assessment that took into account the less-than-original surface quality. Just my opinion, of course! 
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Pillar of the Community
United States
1339 Posts |
I must have gotten the grumpy old man when I sent mine to NGC!! Good for you!! Very nice coin!! Great for any collection!
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Pillar of the Community
 United States
1304 Posts |
I think this is a lesson learned for me! I will be sure to try to look for the ones that still have the black tarnish silver tends to attract over the years and not be taken in by the grade from the TPG. Don't get me wrong I am extremely pleased with this coin (and the price I paid for it) but I am also happy it doesn't have a details grade. Thanks for all the comments and insights! I am new to buying slabs, but I am trying to stick to buy the coin not the holder. Also, do they still assign a net grade? So if the reverse was AU58 and the obverse XF45, that would net out to AU53. I agree the obverse is weak, but the reverse doesn't even come close to XF45. There literally is no wear on the feathers and the luster is much more apparent in the fields. Help a new slab collector learn the tricks of the trade! 
Edited by EFLargeCents 02/12/2013 6:16 pm
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Replies: 22 / Views: 2,117 |