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Replies: 31 / Views: 4,000 |
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Bedrock of the Community
United States
11914 Posts |
New addition to my type set, bought today. Let me know your opinion of the grade. For bonus points, guess what I paid for it. Third-party grade and price revealed in 24 hours. Thanks!   IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 12/03/2016 08:09 am
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New Member
United States
43 Posts |
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Pillar of the Community
United States
705 Posts |
My initial impression(from this novice) is proof - so PR61 Your cost - $500(really no idea just a guess) 
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Bedrock of the Community
United States
36903 Posts |
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Pillar of the Community
 United States
5686 Posts |
The rim and denticles don't look proof to me, I'd say AU-55.
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Pillar of the Community
United States
6398 Posts |
AU-50, maybe 53 detail. Lots of tiny hairline scratches on both sides. Not a proof IMO. If it got a straight grade I'd guess EF-45 since the scratches should warrant some degree of net-grading. Otherwise, AU Details, Cleaned. A coin like this would likely sell for $100 or a bit more on ebay. $60 would be an attractive price for this common-date Seated half.
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Valued Member
Canada
112 Posts |
definitely AU55 light scratches!
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Bedrock of the Community
United States
94367 Posts |
Agree AU-55, obverse suggests old cleaning.
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Pillar of the Community
United States
3516 Posts |
AU-55, nice coin 
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Pillar of the Community
 United States
4596 Posts |
It is an NGC slab.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
Canada
11922 Posts |
I would think AU-53 Details.
Edited by Joseph7420 12/03/2016 10:49 pm
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Bedrock of the Community
 United States
11914 Posts |
This one was in an old NGC slab as someone astutely pointed out, and many others already knew. Many of you hit it on the head. Congratulations -- if you didn't cheat. The coin was still being offered online for a while after I purchased it. I got a little discount from the offer price and paid $215 + $3 shipping. I like the coin a lot. I'm not putting together a registry set, and the imperfect fields don't bother me. My most important criterion is that I can see all of the design devices clearly and sharply. My budgeted expectation was about $300 for an AU or better seated half and was happy to acquire it for far below that. Thanks for playing the game with me. 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 12/03/2016 11:22 pm
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Pillar of the Community
United States
705 Posts |
I have alot to learn 
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Pillar of the Community
United States
6370 Posts |
So you got a cleaned coin in a problem-free slab. That is why it was so cheap. The cleaning hairlines are very obvious in both sets of photos, and the color is unnaturally white. I see no luster in the fields.
AU details, cleaned.
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Pillar of the Community
United States
4337 Posts |
This coin is not cleaned.
Those are not hairline scratches from a cleaning, its chatter in the fields from being passed around as a collectors coin for the 140 years leading up to the coin being slabbed.
The color is also not "unnaturally white", that is washout from the lighting when the photo was taken.
Intact luster is not always a must-have priority for a coin to achieve an AU grade, even a Mid-AU grade. I own multiple issues of various types that are AU53 to AU58 and luster is not nearly as present as would be expected. Naturally oxidized silver is not going to be lustrous and gleaming with eye appeal after 160 plus years of being passed around unless you've got a perfectly preserved MS example and even then there are many coins that do not posses the cartwheel luster.
Its about the wear on the high points that take a coin with original surfaces from an AU55 to an EF45.
Great pickup N_S. It was right inline with current FMV based on the last major auction of an NGC AU55 last January which hammered at $223. This is probably around an FMV of $250 so you got a nice little discount from a seller who wanted to move the inventory item. The sell price was not "cheap" due to any issues with the coin.
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Replies: 31 / Views: 4,000 |