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An 1850-D Gold Dollar Submitted For Your Grade

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billjones's Avatar
United States
1499 Posts
 Posted 04/20/2016  4:24 pm Show Profile   Bookmark this topic Add billjones to your friends list Get a Link to this Message Number of Subscribers
An-1850-D-Gold-Dollar-Submitted-For-Your-Grade An-1850-D-Gold-Dollar-Submitted-For-Your-Grade

Dahlonega, Georgia Mint coins are sometimes tough to grade, and this falls into that category. Now that I've dropped a hint I'll be back in a day or so to present a theory as to why it looks this way.
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Coinfrog's Avatar
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 Posted 04/20/2016  4:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
H-m-m. Must be AU or Unc. Not my field for sure.

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georgescoins's Avatar
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431 Posts
 Posted 04/20/2016  5:29 pm  Show Profile   Bookmark this reply Add georgescoins to your friends list Get a Link to this Reply
Looks weakly struck especially on the reverse. Ill go with AU
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 04/20/2016  5:58 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
AU something or another. Typical crappy strike for a Dahlonega dollar.
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Imthealphaomega's Avatar
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3210 Posts
 Posted 04/20/2016  6:15 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Dahlonega gold is always subpar strikes and luster ....I'm going to guess low to mid ms. I don't see any wear and very little scratches.
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JFH's Avatar
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 Posted 04/20/2016  6:19 pm  Show Profile   Bookmark this reply Add JFH to your friends list Get a Link to this Reply
AU50-53
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dsfreeworld's Avatar
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 Posted 04/20/2016  6:24 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
filled die? MS63
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panzaldi's Avatar
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 Posted 04/20/2016  6:36 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
just for kicks I'm going with AU53
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CoinCollector2012's Avatar
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 Posted 04/20/2016  8:14 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
AU-50
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bpoc1's Avatar
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 Posted 04/21/2016  06:42 am  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Dsfreeworld posted

Quote:
filled die? MS63

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Zurie's Avatar
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 Posted 04/21/2016  09:50 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Maybe a combination of weak strike and die erosion? I'll say AU-53.
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Jaobler's Avatar
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 Posted 04/21/2016  11:04 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Weak detail is mostly a striking problem but there is some wear. Eye appeal is definitely hurt by the poor strike and that should be reflected in the assigned grade. AU-50 seems about the maximum appropriate grade.

By the way, I checked Heritage auction archives for this date and you have to go back to 1997 to find any listing for an example graded below AU-50. Although there seems to be no such thing as a well-struck 1850-D the OP's coin is weaker than most.
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fenton's Avatar
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 Posted 04/21/2016  12:08 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
This date is exceptionally rare in mint state and is almost always very flatly struck on obverse. I would say AU-50 to AU-53 range for this example. Great coin!
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MeadowviewCollector's Avatar
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 Posted 04/21/2016  2:36 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
MS-61
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billjones's Avatar
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1499 Posts
 Posted 04/22/2016  09:26 am  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
PCGS graded this 1850-D gold dollar EF-45. The coin probably would have made AU-50 if the strike had been sharper. There is enough luster in the protected areas of the fields to warrant that grade.

The 1850-D gold dollar seldom comes nice. The problem is with the strike. Some Dahlonega collectors have the theory that this was a reflection of a change in management. In 1843 James Cooper was appointed as the superintendent of the Dahlonega Mint. Cooper was a West Point graduate and brought to the discipline and efficiency. Wait times for the conversion of gold bullion to coins was reduced to only three business days, and morale at the mint improved greatly. At the same time production at the Dahlonega area mines greatly increased. Cooper's years at the mint were truly the facility's "golden age."

Zachary Taylor was elected president in 1848 and took office the following year. In those days, before civil service, a change in the president and most certainly a change in the political party in power met that large numbers of government employees lost their jobs under the spoils system. James Cooper was no exception. Taylor appointed A.W. Redding to superintendent's post in 1849, and after that the quality of the coins produced at Dahlonega fell for a period of time.
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