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1876-S Trade Dollar - Your Thoughts On Grade & Price You Consider Fair

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numismatic student's Avatar
United States
11898 Posts
 Posted 12/29/2016  12:34 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply

Quote:
http://www.PCGS.com/Lingo/

AU-58

This is for "About Uncirculated" (the grade) and "58" (the numerical designation of that grade). Also called "Almost Uncirculated-58." There is the slightest wear on the high points, even though it may be necessary to tilt the coin towards the light source to see the friction. In many cases the reverse of an AU58 coin will be fully Mint State. Less than 10% of the surface area will show luster breaks. The grade of "Borderline Unc" equates to AU58.


If the above is correct, and PCGS and CAC both correctly graded this coin, then more than 90% of the coin depicted shows unbroken luster. Although some on this thread expressed that there was only some luster remaining around the devices, I think that the coin has toned to a slightly different color and is hiding the original luster.

Or both PCGS and CAC got it wrong. I could see where they could miscalculate in observing slightly less than 90% luster remaining, but it would be difficult to imagine two independent graders seeing more than 90% luster on a coin that had only a small amount of luster remaining near the devices and in protected areas.

I don't have the coin in hand, and I am looking at the same pictures you are. I will take a closer look when I receive it and try to post some additional pictures if they are helpful in clarifying this question.

Appreciate all your input.
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
Bedrock of the Community
numismatic student's Avatar
United States
11898 Posts
 Posted 01/04/2017  12:58 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Also got this today. It is toned darker than what I expected from the pictures. I still like the surfaces a lot. Thoughts on the higher res pictures?

1876-S-Trade-Dollar---Your-Thoughts-On-Grade-&-Price-You-Consider-Fair
1876-S-Trade-Dollar---Your-Thoughts-On-Grade-&-Price-You-Consider-Fair
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
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BH1964's Avatar
United States
10982 Posts
 Posted 01/04/2017  01:08 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The second set of pictures make it look very nice. The color and eye appeal are all there for a 58. $618 is a good price here.
ANA #R3154474
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sel_69l's Avatar
Australia
21788 Posts
 Posted 01/04/2017  02:10 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
This thread highlights the problems with grading toned coins using pictures, especially when they have already been slabbed.

We CCF'ers do not have the advantage of grading an already slabbed coin in hand with a 10x loupe, as does the TPG'er.

In addition,
there always remains at least a slight temptation for TPG'ers to over grade coins. A satisfied customer with a higher grade is likely to come back with repeat business.

I think AU55 is about right. There is some obvious, albeit very slight, wear on the high points of the first coin.
Bedrock of the Community
numismatic student's Avatar
United States
11898 Posts
 Posted 01/04/2017  10:01 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thanks for sharing your thoughts.
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
Pillar of the Community
Slider23's Avatar
United States
4469 Posts
 Posted 01/04/2017  12:35 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I am fine with the coin at 58. I like the toning and after seeing your photos the CAC sticker is warranted. You made a good buy on the coin.
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