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You Vs PCGS 1847 Lsd

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dsfreeworld's Avatar
United States
4337 Posts
 Posted 01/15/2014  6:00 pm Show Profile   Bookmark this topic Add dsfreeworld to your friends list Get a Link to this Message Number of Subscribers
I sent back the other one I had posted. It was an old cleaning and in-hand the brightness of the devices, especially on the reverse did not please me.

Although it was a market acceptable and very old cleaning that toned back over nicely, for a scarce date like 1847 in the series I really wanted to stay in a range that was both a smart long term investment coupled with a true problem free coin.

So now I present you experts of the Numismatic faith with this grading challenge

Thanks for looking
Enjoy



You-Vs-PCGS-1847-Lsd
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 01/15/2014  6:38 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
A beauty. I'd say XF-40.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 01/15/2014  6:50 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
EF-40.
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Nathancrh1's Avatar
Canada
785 Posts
 Posted 01/15/2014  9:03 pm  Show Profile   Bookmark this reply Add Nathancrh1 to your friends list Get a Link to this Reply
I'll say XF-40 too. It has re-toned very nice.
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flippy's Avatar
Australia
1874 Posts
 Posted 01/15/2014  10:21 pm  Show Profile   Bookmark this reply Add flippy to your friends list Get a Link to this Reply
Ef40
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BH1964's Avatar
United States
10982 Posts
 Posted 01/15/2014  10:26 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
XF45 or maybe AU50 if there's good luster. Excellent eye appeal either way.
ANA #R3154474
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judd1552's Avatar
United States
156 Posts
 Posted 01/15/2014  10:50 pm  Show Profile   Bookmark this reply Add judd1552 to your friends list Get a Link to this Reply
Completely unnatural color for a mid range circ. 19th century silver type coin. This color and pattern would only occur on a circ. coin that had been dipped and then stored in a storage device that is known to impart toning quickly on a dipped silver coin.

I'd pass on this one too. PCGS has had a habit of letting minor faults like the secondary toning on this one to pass. They seem to have a tolerance through an undeclared measure of market acceptability on key/rare dates. No way would this ever get accepted by CAC.

I would have done the opposite. I would have kept this one, and let nature take its course by slipping it into an old manila Kraft coin envelope and giving it a chance to let the devices that you claim were too bright to darken. I sense that this coin is actually colored more like a steel grey than the coffee color that shows in your image, which I consider a much more natural color for the circumstance.
You-Vs-PCGS-1847-Lsd
Edited by judd1552
01/15/2014 11:48 pm
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 01/16/2014  12:05 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I'll guess it graded AU-50.
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dsfreeworld's Avatar
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4337 Posts
 Posted 01/16/2014  08:24 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
Judd, I appreciate your assessment and the time you took to share your knowledge, insight and offer your opinion.

I fell in love with that first coin at first picture sight but quickly realized that it did not match the theme of what I am trying to accomplish which is a full PCGS registry set. My fear was that the first coin would not make it into a problem free holder.


Quote:
No way would this ever get accepted by CAC


Perhaps the diffused lighting and photo techniques have fooled everyone. In-hand, this coin has a blast white and full lustrous appearance. I may have to take true to life pics with the old Iphone to show this.

Both PCGS and CAC (heck even myself) had the advantage of this coin in-hand so the toning, luster and true beauty of this coin were present and accounted for.

I'll confess that I have no idea where the previous owners had this coin stored over time and what caused the color to set in the manner which it did but in the end, I am very happy with this coin and feel I have made a proper long term investment for when the day resale comes to pass.

thanks to all for your opinions




You-Vs-PCGS-1847-Lsd
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johnny54321's Avatar
United States
4849 Posts
 Posted 01/16/2014  12:42 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I am a sucker for colorfully toned coins. Natural or not, if their is sufficient luster underneath, that is what matters most to me....and from your description of the luster, I have no problem with the grade and CAC. I admit though too, that the initial photos can lead one to think the color is unnatural.
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yhbearcats's Avatar
United States
688 Posts
 Posted 01/16/2014  1:15 pm  Show Profile   Bookmark this reply Add yhbearcats to your friends list Get a Link to this Reply
My first thoughts were AU 55, then saw the first few responses and figured I was way off.
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judd1552's Avatar
United States
156 Posts
 Posted 01/16/2014  5:39 pm  Show Profile   Bookmark this reply Add judd1552 to your friends list Get a Link to this Reply
Ah, the perils of judging coins from internet based images...
At most, I'm confounded about the CAC approval. I probably would have a much more positive view if examined in hand. Enjoy!
This one is in my crosshairs. ex:Benson. PCGS AU-55. Needs a new holder to eliminate the scuff over Liberty's head fore and aft.
You-Vs-PCGS-1847-Lsd
Edited by judd1552
01/16/2014 5:53 pm
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 01/16/2014  7:00 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
I know that ex. Benson very well and it was right on my radar. That's an investment coin and I came close to,purchase earlier this week until I found the AU53 with the CAC. It was not as high in price as that Benson and the CAC was the deal sealer at the grade and price due to resale hopes in a decade

This coin in PCGS AU53 or 55 do not come up that often so the charts should stay steadily moving up on toners like these with CAC designations

Let me know if you nab that one, I would love to see it in hand cam shots. I heard it's VERY lustrous. It should only go up in value very well in 10 years
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