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You Vs. PCI On 1806 1/2 Dollar

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SCDave's Avatar
United States
118 Posts
 Posted 09/27/2013  4:51 pm Show Profile   Bookmark this topic Add SCDave to your friends list Get a Link to this Message Number of Subscribers
I cracked this one out of a PCI slab. Where do you think they graded it and what would be your grade on it? PCI uses a Gold label for good coins and a red label for problem coins. I know most people wouldn't wipe their butts with a PCI label after they got it out of the holder but they can't always be wrong

You-Vs.-PCI-On-1806-1/2-Dollar

You-Vs.-PCI-On-1806-1/2-Dollar
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paleoguy45's Avatar
United States
2936 Posts
 Posted 09/27/2013  5:00 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I'll take the leap and call it a VG (Details - Cleaned)... I love these coins! They are true classics in a room full of classics. PG
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ExoGuy's Avatar
United States
4416 Posts
 Posted 09/27/2013  5:04 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
IMHO .... XF-40 and maybe 45 in hand. Pics don't always do a great coin justice, and this looks like a great coin! I'd guess it was graded AU-50 or 55?


BTW .....
Edited by ExoGuy
09/27/2013 5:06 pm
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United States
1186 Posts
 Posted 09/27/2013  5:06 pm  Show Profile   Bookmark this reply Add EddieDiz to your friends list Get a Link to this Reply
I would think vf-20,but cleaned.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 09/27/2013  7:07 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
VF-25.
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dave700x's Avatar
United States
10625 Posts
 Posted 09/27/2013  7:21 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I would think VF30 since these typically suffer from a weak strike. Love the terminal die state reverse die!
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Joe2007's Avatar
United States
3843 Posts
 Posted 09/27/2013  9:20 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
VF-35 in my opinion.

to CCF. Nice coin!
Edited by Joe2007
09/27/2013 9:21 pm
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 09/27/2013  11:57 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
VF25 but a weak strike. Nice coin.
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Conder101's Avatar
United States
17884 Posts
 Posted 09/28/2013  08:06 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
After they went to the gold border labels they did us a red border label for problem coins BRIEFLY, but then quietly did away with the red labels and started putting problem coins in the gold bordered slabs as well. And not marking them as problem coins. Anything in a gold border PCI slab should be examined VERY carefully.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 09/28/2013  12:33 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I'm going to say its a strong VF-35, might make EF-40. It looks like it may have had an old cleaning.
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IndianGoldEagle's Avatar
United States
36777 Posts
 Posted 09/28/2013  12:36 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VF-40 and I am leaning towards a details grade because it might have been cleaned at some point.
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Canada
9864 Posts
 Posted 09/28/2013  12:49 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
VF30
"Dipping" is not considered cleaning...
-from PCGS website
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ExoGuy's Avatar
United States
4416 Posts
 Posted 09/28/2013  2:00 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Looks like I'm on the high end in grading this coin. Can my eyes be that bad?

Okay, the "cleaning/conserving" is possible, even probable, as is the case with most early coins. It's almost always easier to discern problematic cleaning with coin-in-hand than with pics. Not seeing any sign of harsh cleaning in the pic, I made the assumption that it had probably been cleaned at some time, during the past 207 years but did not take off points.

The fairly extensive die breaks on this coin suggest to me that the dies were on their "last legs" when this coin was struck. These early coins are often unevenly struck, and comparing this subject coin to others that are now on ebay, it's easy to see different areas that were weakly struck. On this coin the bust cleavage is particularly strong and better than a few, slabbed AU's! I tend to grade these early coins according to the strongest struck areas, then deduct points in my mind's eye for things like abrasive cleaning, dings, discoloration, etc. I don't "see" any major issues with this coin, AND I love that it's a very late die state, cracks and all.

I'm curious as to what factors, beyond suspected cleaning, are leading others to grade this coin below XF ... VG, even ?
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Jaobler's Avatar
United States
6387 Posts
 Posted 09/28/2013  2:37 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I'd say VF-35 detail for the obverse. The reverse weakness may be partly due to poor strike from the badly fractured die. There don't appear to be any hairlines from abrasive cleaning but the uniform gray color could be the result of dipping or other light cleaning.
Overall I'd net-grade it as VF-30. Anybody know the Overton variety?
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SCDave's Avatar
United States
118 Posts
 Posted 09/28/2013  3:06 pm  Show Profile   Bookmark this reply Add SCDave to your friends list Get a Link to this Reply
Most of you Guys are pretty close, it was in a gold label EF-40 slab. I do tend to agree with the grade but like many of you said it's hard to tell a cleaning without the coin in hand. This one does show signs of cleaning, more so on the obverse. It also has a heavy patch of hairlines in front of Liberty's face that only show when tipped at the right angle. I had her on ebay with an accurate description about 6 months ago for 750.00 but no takers, I paid 650.00 for it about 10 years ago so by the time the fees and post office are paid 750.00 was a break even number for me.
Thanks for the comments, Dave
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SCDave's Avatar
United States
118 Posts
 Posted 04/25/2015  8:27 pm  Show Profile   Bookmark this reply Add SCDave to your friends list Get a Link to this Reply
Update-- Sent her to NGC and she came back EF-45 problem free!! I won't be taking 750.00 for it any longer #128540;
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