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Someone Doesn't Understand What A "Details" Grade Is

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Pillar of the Community

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 Posted 05/09/2015  8:51 pm Show Profile   Bookmark this topic Add jack jeckel to your friends list Get a Link to this Message Number of Subscribers
The "polished" designation on the slab does not mean it is a special limited edition, it means your coin has been cleaned

And to top it off the are (or claim to be) a PNG member

1938 New Rochelle Silver 50c Commem ANACS MS-60 Dtl Polished Presentation Strik

1938 New Rochelle Silver Half Dollar Commemorative Coin ANACS MS-60, Details - Polished, Presentation Strike.

http://www.ebay.com/itm/1938-New-Ro...em2ed0f0edb0

Someone-Doesn't-Understand-What-A-

Someone-Doesn't-Understand-What-A-
Edited by jack jeckel
05/09/2015 8:57 pm
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ChildOfTheWheat's Avatar
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 Posted 05/09/2015  9:56 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
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SsuperDdave's Avatar
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 Posted 05/10/2015  07:25 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Julian (Julian Leidman, look him up because he's going into every numismatic Hall of Fame there is when he's gone) is just telling it like it is. It's up to the buyer to understand, and it sure looks clear to me. He's ensuring that the fact it's a Details grade - and why - appears in the title of the auction.

Due diligence, guys. You wouldn't have posted the thread if you knew who he was.
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 Posted 05/10/2015  09:40 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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SsuperDdave's Avatar
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 Posted 05/10/2015  10:31 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Aha! I've learned my new thing for the day, and it isn't even Noon yet.

Either way, I expect Julian to get the nomenclature right whether I know about it or not.
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Cascade's Avatar
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 Posted 05/10/2015  11:03 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
I wonder if those 50 are the first burnished coins? Seems like that designation woyld apply?
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 Posted 05/11/2015  04:49 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Julian Leidman certainly knows what he is talking about, he has owned and traded more high end coins/patterns than just about anyone in the coin business today.

http://www.pcgs.com/books/commemora...r08-151.aspx

I suppose Julian could be clearer about this coin being one of the first 50 struck pieces. I also would think he would resubmit to ANACS for a designation on the label. I wonder if he still has the presentation box it was issued in?

From NGC Collector
Quote:
Included within this coin's mintage were 50 presentation pieces struck on polished blanks; these are quite prooflike in quality. Some 10-14 matte proofs are also rumored to have been produced, but very few have ever surfaced. The presentation coins were distributed in small, dark red boxes with a velvet liner to hold the half dollar. These were accompanied by a silver medal produced by Tiffany & Company from Lorrilard Wise's original reverse design depicting the New Rochelle seal.
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 Posted 05/19/2015  12:24 pm  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply
ok, so he knows his stuff.

I think the asking price is beyond reality for a details grade New Rochelle. Numismedia lists MS60 at $339. So at $2,495 my first reponse is 'He has fallen out of his tree.'

I am ready to listen to anyone's argument that will convince me an Unc. Details is worth six times more than Numismedia has listed for a straight grade MS60.
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Tbone's Avatar
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 Posted 05/20/2015  12:00 am  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
@ Tryna

I think you might be looking at the regular strike version http://m.numismedia.com/cgi-bin/coi...de2=pricesms

The one being sold is one of the "specimen" strikes that were on polished blanks. Thus the attribution of "polished" on the ANACS slab. It's estimated that only 50 of these were struck. I don't think you'll find these specimen strikes on any of the typical online price guide pages.

BStrauss3 linked to the info on this rarity above but I'll post it again. http://boards.collectors-society.co...9163&fpart=3

More info here http://www.coinfacts.com/commemorat...rochelle.htm

and here http://typesets.wikidot.com/1938-ne...-anniversary

and here http://legendaryauctions.com/lot-65213.aspx


Edited by Tbone
05/20/2015 12:30 am
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vermontensium's Avatar
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 Posted 05/20/2015  12:08 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
OK, I'll be the first to admit commems are not my area of expertise. This IS in a details slab.
Wouldn't ANACS specify this special addition on the holder?
Why does the reverse appear like a MS strike and only the obverse looks like any problem silver polished coin I've ever seen?
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Numisma's Avatar
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 Posted 05/20/2015  12:37 am  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
Even if it is rare, he still should have acknowledged the fact that it has a 'details' grade.
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Tbone's Avatar
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 Posted 05/20/2015  12:53 am  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
You mean kind of like this?


Someone-Doesn't-Understand-What-A-
Edited by Tbone
05/20/2015 12:57 am
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Tbone's Avatar
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 Posted 05/20/2015  01:07 am  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply

Quote:
Julian (Julian Leidman, look him up because he's going into every numismatic Hall of Fame there is when he's gone) is just telling it like it is. It's up to the buyer to understand, and it sure looks clear to me. He's ensuring that the fact it's a Details grade - and why - appears in the title of the auction.

Due diligence, guys. You wouldn't have posted the thread if you knew who he was.


For anyone interested here's a little info on Julian


Someone-Doesn't-Understand-What-A-
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Numisma's Avatar
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 Posted 05/20/2015  01:13 am  Show Profile   Bookmark this reply Add Numisma to your friends list Get a Link to this Reply
Never mind.
Edited by Numisma
05/20/2015 01:13 am
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vermontensium's Avatar
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 Posted 05/20/2015  01:24 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
ANACS should have put presentation strike on the holder.
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Tbone's Avatar
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 Posted 05/20/2015  01:29 am  Show Profile   Bookmark this reply Add Tbone to your friends list Get a Link to this Reply
I agree
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