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Replies: 41 / Views: 4,606 |
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Pillar of the Community
 United States
595 Posts |
Hello All!! PCGS graded this coin XF-45  Before I sent it in I was thinking maybe AU-53 or possibly AU-on a bad day. I do not understand why it got the XF-45. I spent a long time looking at the other photos on PCGS Coinfacts using the View All Photos and this coin, considering all points that I can see in the photos, seems better than all other XF-45 photos, most AU-50 photos, and is more in-line with the AU-53 photos. I am thinking that this coin is a good candidate for a crack-out and re-submission. Thanks to everybody for the grades. I appreciate them 
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Pillar of the Community
1751 Posts |
Crack and resub for sure, great coin.
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Pillar of the Community
United States
3253 Posts |
You think they can't even recognize the central strike weakness endemic to early dollars?
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Pillar of the Community
 United States
595 Posts |
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Bedrock of the Community
United States
10982 Posts |
Wow! 45?  Makes me wonder if it was silently net graded for some issue we can't see? The eye appeal alone would put it at 50 and today's market-grading should push it to 53 or even 55 on a good day. If it's any consolation they did add your coin to CoinFacts photo database as an XF45. The super hi-res images do make the two dark spots on the reverse look a bit worse but I don't see any other issues except an old, light cleaning. I think it got docked 5 points in any event and would grade 50 on a different day.
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Bedrock of the Community
Australia
21788 Posts |
I thought AU53. Interesting. PCGS are OK, they seem to be a little more resistant to gradeflation. I think that it must have had something to do with the fading of the horizontal bars on the shield.
I will have to concede that I was forced to change my mind. I don't do that often.
Edited by sel_69l 09/25/2013 02:34 am
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Pillar of the Community
United States
9796 Posts |
Quote: I am thinking that this coin is a good candidate for a crack-out and re-submission. I think so too! Quote: Makes me wonder if it was silently net graded for some issue we can't see? Possibly, I can't see this one in any grade below AU from their own photos. Quote: I think that it must have had something to do with the fading of the horizontal bars on the shield. That and the small dark spots are all I see that could be any sort of down grade. Regardless of the PCGS grade it's a heck of a beautiful coin Susuman!
"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
595 Posts |
I don't think that the weakness on the shield should matter that much. I think that is due to the strike and is visible on many of the 1800 dollars. The image below is from a PCGS coin graded at AU-55 (not my coin). I am in no way criticizing the below coin, but just pointing out the strike weakness and considering the grade in context.  PCGS Image
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Pillar of the Community
United States
919 Posts |
Still an excellent coin. Some people had AU50. I guess PCGS saw it one notch lower.
If you bought it at an EF price with the hope of upgrading I would just leave it and be happy with a beautiful coin. If you paid AU prices then you may want to try again. At some point you will have more into the coin in grading fees and postage then the difference is worth.
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Pillar of the Community
United States
1432 Posts |
Susuman . . . your coin is far superior to the AU55 you just posted. If anything, I would reverse the grades. Yours is the 55 and it is 45, possibly even a 40 comparing it to PCGS' Photograde. 
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Pillar of the Community
 United States
595 Posts |
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Pillar of the Community
United States
1096 Posts |
That is amazing. I would definitely resubmit. I am thinking AU55 all the way. Maybe try NGC. If you lived in Colorado I would suggest going down to ANACS and just having them look at it. They were very nice when I went and dropped off coins a few months ago and said if I ever had a coin I needed a quick look at they would give me an unofficial call on it.
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Pillar of the Community
United States
6398 Posts |
I also see this as solid for AU-53. Most likely PCGS slapped a net grade on it for a perceived light cleaning. Perhaps the luster is noticeably degraded? With those strong AU details there should be some decent luster in the protected areas of the fields.
Probably worth the gamble to resubmit. The potential value increase with an AU grade might be hard to ignore.
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Pillar of the Community
 United States
595 Posts |
The protected areas on the coin do retain some luster - mostly between the letters and inside of the edge.
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Pillar of the Community
United States
3453 Posts |
I am curious, when cracking out and resubmitting, is there be the chance that PCGS would recognize this coin and just assign it the same grade? I think for a more common coin the chance of that would be low but have always wondered that about special coins, like this one.
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Replies: 41 / Views: 4,606 |