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 Replies: 11 / Views: 2,133 |
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Valued Member
United States
131 Posts |
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Valued Member
United States
220 Posts |
Nice coin! I too have asked that same question here just a few weeks ago. I think you need to ask yourself why you want it graded. Are you planning on selling it? Do you want it authenticated? Otherwise, once graded it is in the slab. You may like that, or you may like your coin collection more accessible. There are plenty more experienced collectors here than me, so I look forward to their opinions as well.
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Pillar of the Community
United States
1801 Posts |
Nice coin and very scarce date/mint. I would only get it slabbed if you intend to sell the coin, no other reason that I can see. If you have any concerns about the coin being genuine, I would take it to a major coin show and get opinions from several experts on Mexican coins. Coin looks good to me, the only thing I see that is a bit odd in my eyes is the font on the assayer initials, the "L" (assayer that year is "LF") does not look like any that I have seen before, however I do not have the coin in hand and it may appear different due to the photo.
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Valued Member
 United States
131 Posts |
You are so right! I don't have any plans of selling it. Just thought it might be nice to get it authenticated. There is definitely something to be said for having your collection more accessible though. IMO
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Pillar of the Community
France
1591 Posts |
If you don't intend to sell and are not a slab collector (collecting all your coins un plastic boxes) - then it's better like that IMHO :)
You can handle it, check it out with a lens, appreciate it ...
If you want it to be checked, just get it to a coin show, and discuss about it with some dealers :)
This is not particularly my type (I collect earlier coins) - but everything looks fine to me.
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Pillar of the Community
United States
4883 Posts |
My guess is that it would come back graded AU50 or maybe even XF45 with a "details" annotation for the edge ding, and it'd be a shame to run it down like that, because it's actually quite exceptional for so early a specimen, and the slight damage gives it authenticating character. In this case, better to let the coin speak for itself that have a slab do the talking.
Colligo ergo sum
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Pillar of the Community
United States
684 Posts |
I have concerns with this one. Compare to EoMo01 in Resplandores. Get an expert opinion.
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Pillar of the Community
United States
5362 Posts |
Your coin appears to be identical to one I have owned for several years. It was graded by SEGS a long while back as AU 50 - the edge knock here would possibly be an issue for a grader. So I would avoid having it graded.
I also am aware of a few counterfeits of the 1828 and 1829 EoMo and NONE come anywhere near this when it comes to standard of manufacture.
Therefore if you have owned this coin for more than 10 years, I see absolutely no reason to suspect the coin is not genuine.
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Valued Member
United States
131 Posts |
Thanks for all your input guys. I figured it would probably come back as xf/au details if I had sent it out to be graded. After listening to you all, you make some very valid points. Maybe one day if I plan on selling it I will have it graded but I have no intentions of selling this coin anytime soon. Also, I'm interested to hear your thoughts on current market value for this piece.  |
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Pillar of the Community
United States
5362 Posts |
My copy sold privately for $1,400 in 2009. It is accurately graded even if the slab reads SEGS. I picked it up in a trade for 5 US eagle gold ounces. It came along with several other graded genuine coins including some very nice coins (one Ferdinand VI 8E in AU and several 8Rs). I am holding on to the coins for now. Because it was a trade of multiple coins I can not tell you what I paid. But I allowed about one ounce of gold as equivalent value at the time. Given how gold has moved since I am doing well on that swap. Market value is best set by referring to auction websites; From Heritage there is a single result for 1828. The coin is not certified, has been cleaned and the cap is weak: 9/11/2009 it sold at a rather low price. http://coins.ha.com/itm/mexico/worl...3006-21475.sThe 1829 has more results available and higher grades are shown. Dunigan indicates that the 1829 is slightly more available than the 1828 but that both are essentially overpriced because of type collector interest. From 2014 two 1829 XF copies sold for; http://coins.ha.com/itm/mexico/worl...3032-25417.sand; http://coins.ha.com/itm/mexico/worl...3032-25417.sAn AU in 2012 went very high; http://coins.ha.com/itm/mexico/worl...3016-24722.sA VF in 2013 sold near $1000; http://coins.ha.com/itm/mexico/worl...3016-24722.sYou can check others as well but for a coin with a rim nick in the grade as I see it - you should get $1000 raw. |
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Valued Member
United States
131 Posts |
Thanks everyone! I'm very excited about being a new member here and I am looking forward to sharing & learning more. Swamperbob, thanks for posting the links from HA. I figured it would probably fall somewhere between $1000-$1500.00. It's just nice to get some different perspectives.  |
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Valued Member
United States
426 Posts |
That is one beautiful coin! I would love to own of Eo Mo 8R!
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Replies: 11 / Views: 2,133 |
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Posted 11/21/2014 2:00 pm
