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New 1878 $3 Gold Luster Bomb. A Tribute To Mangled Luster

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johnny54321's Avatar
United States
4849 Posts
 Posted 04/23/2014  10:47 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
Bought this one really cheap for my album in a details slab. Sure the obvious obverse scratches are distracted, but I was impressed with how much luster I was getting for so little money. Now I have always been impressed with high grade $3 gold coins, because they have so many diverging flow lines in the field, and the luster sort of cartwheels on multiple levels.

If ever the term "mangled luster" could be used on a coin, this would be it. The scratches interfere with the already complex luster pattern, and the swirlies just go everywhere..lol. You have to see it in hand.

The reverse luster completely fills the fields, and the obverse luster also nearly fills all of the fields. I wanted one to fill my album, and this was the perfect cheap candidate. It goes perfectly with my scratched up $1 type 2 gold dollar!! Anyways, the fact that this is a details coin is absolutely unquestionable, and though the scratches are not deep, they do cover quite a bit of surface area. I will also post my ANACS AU-55 1854 $3 for comparison...and the 1878 easily has twice as much luster as the 1854.
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster

Now for the AU-55 graded 1854
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 04/24/2014  01:12 am  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
Looks EF-45, maybe 50.
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flippy's Avatar
Australia
1874 Posts
 Posted 04/24/2014  01:27 am  Show Profile   Bookmark this reply Add flippy to your friends list Get a Link to this Reply
EF40
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westcoin's Avatar
United States
9796 Posts
 Posted 04/24/2014  05:07 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
EF45 details? You're right the luster is amazing, especially around the protected edges!
"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.

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johnny54321's Avatar
United States
4849 Posts
 Posted 04/24/2014  10:13 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Man, My pics must be terrible again. There is no way this is 45 details. It blows my 55 out of the water(besides the scratches of course)
Edited by johnny54321
04/24/2014 10:15 am
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/25/2014  10:19 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Well, no other opinions. I guess the forum is going with EF45 details, which I entirely disagree with. I think at bare minimum, this is an AU-58 detail coin all day long, with claims to possibly 61-62. Here is a preview pic of the direction I am going with my partially homemade gold type album. You can see the frost almost completely covers the fields and devices of this coin.
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/25/2014  10:24 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Err, with EF45 details. Notice the amount of wear at the very bottom of her hair.

Edit: added the "Notice"
Edited by Cruisinfusion
04/25/2014 10:25 pm
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 04/25/2014  10:33 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
On the reverse of the 1878, I see something going on in the inside of the 3... is it repunched, Longacre doubling or am I seeing things?

-MV
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 04/25/2014  10:35 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
johnny, a while back I think you posted you were going to try and fill a tube of 5 or 10 dollar gold coins? you still doing that? I need some more pictures of gold coins! =D
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/25/2014  10:42 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
You're right, Meadowview! I dooooo see some doubling!
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/25/2014  11:08 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
Err, with EF45 details. Notice the amount of wear at the very bottom of her hair.


That's not wear, it is strike weakness. My coin also has strike weakness on the reverse bowtie as well as several other areas on the obverse hair area. Here is an NGC MS-61 shot with similar strike weakness in her hair.

http://s44.photobucket.com/user/joh...S61.png.html]New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster[/URL]

Remaining luster is the big driver in grades EF through MS. Most EFs have no luster, or just hints of it in the protected areas. Here are examples of 4 problem free XF-45 examples from Heritage. Even with my bad photos, the difference between these coins and my coin is quite clear(other than the obvious scratches on mine...lol) The luster on mine is much closer to the MS61 example posted above.
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
this one is PCGS XF45 CAC
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
New-1878-$3-Gold-Luster-Bomb.-A-Tribute-To-Mangled-Luster
Edited by johnny54321
04/25/2014 11:31 pm
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 04/25/2014  11:15 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Ok well I'm not gonna argue with you. Not an expert on gold.
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/25/2014  11:37 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
johnny, a while back I think you posted you were going to try and fill a tube of 5 or 10 dollar gold coins? you still doing that? I need some more pictures of gold coins! =D


that was a long time ago...lol. Unfortunately, I gave up, and put some of them toward my $5 indian eagle collection(which I am 2 coins away from completing). The other $5 liberty's I sold to put towards an 1856 Flying Eagle cent....so that is where they went.
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/25/2014  11:46 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
On the reverse of the 1878, I see something going on in the inside of the 3... is it repunched, Longacre doubling or am I seeing things?


hmmm...good eye! I see it on the coin, I am guessing it is a longacre-ish type of thing.
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/25/2014  11:51 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
Ok well I'm not gonna argue with you. Not an expert on gold.


no worries, I don't mind folks disagreeing with me...I am just trying to make it educational. I think a lot of it has to do with my bad pics, and the scratches kind of throw the look of the luster off a bit....hence "mangled luster". But in general I have noticed with building my AU type set of classic US circs, that if a coin has luster that extends into the less protected areas of the field( ie not just around the stars, motto or the date)....it most likely grades AU-58 or higher...occasionally on a very high end 55. Of course that is a HUGE generalization with lots of caveats depending on the series; but I think it applies in the majority of cases. Anyone disagree?
Edited by johnny54321
04/25/2014 11:52 pm
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/25/2014  11:56 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
btw, I did buy this coin NGC certified originally(forgot to mention that little detail). Of course on detail coins, they don't get into grade specifics. The graded it AU details Obv scratched....but that still leaves a lot of unanswered territory, AU50 or AU58? I am considering sending it to ANACS just because at least I know they will give an exact detail grade, at least up to MS-60.
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