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Posted 04/29/2015 6:34 pm
With there nice new images, and Overton and Heritage in front of me, I'm happy with O-116 for it. This one is R.3, rather scare and markedly so in higher grade. It pretty much doubles in value from XF to AU, and doubles again into Mint State.
It's not known for a great reverse strike, especially on the shield. I looked at all of the Mint State examples at Heritage - of 1,997 1832's at Heritage, only 28 are O-116 and only 5 of those Mint State - and none of the Mint State examples had a full shield, not even the two MS64's.
This one's pretty well-struck, as they go. I'm a little bothered by the surfaces, though. Collectorlady, take it out into bright sunlight and angle it back and forth. Be looking for the telltale hairlines of a brushing. Sunlight will usually expose that to the naked eye, or a low-power loupe. Don't worry if you see those hairlines over a small quadrant of one face; if there they'll likely cover the whole face and there will be no doubt in your mind. I don't see any telltale crud stuck in the tighter places, symptomatic of a cleaning, but the reverse is a bit bothersome.
If they are not there, and the surfaces are adjudicated "original" by a TPG, I believe this one makes a strong argument for AU55. In a PCGS slab, that's a $400 coin. If judged "cleaned," probably $250
It's not known for a great reverse strike, especially on the shield. I looked at all of the Mint State examples at Heritage - of 1,997 1832's at Heritage, only 28 are O-116 and only 5 of those Mint State - and none of the Mint State examples had a full shield, not even the two MS64's.
This one's pretty well-struck, as they go. I'm a little bothered by the surfaces, though. Collectorlady, take it out into bright sunlight and angle it back and forth. Be looking for the telltale hairlines of a brushing. Sunlight will usually expose that to the naked eye, or a low-power loupe. Don't worry if you see those hairlines over a small quadrant of one face; if there they'll likely cover the whole face and there will be no doubt in your mind. I don't see any telltale crud stuck in the tighter places, symptomatic of a cleaning, but the reverse is a bit bothersome.
If they are not there, and the surfaces are adjudicated "original" by a TPG, I believe this one makes a strong argument for AU55. In a PCGS slab, that's a $400 coin. If judged "cleaned," probably $250
lot about this coin and I appreciate your replies.
