Coin Community Family of Web Sites
Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics 300,000 items to help build your collection! Shop for APMEX Bullion on eBay!Shop CCF Members on eBay!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1921 Walking Lib. 50c - Justify PCGS Variety Ck From Xtra Value 'Clip'

To participate in the forum you must log in or register.
Author Previous TopicReplies: 18 / Views: 2,599Next Topic
Page: of 2
Pillar of the Community
mdpmedia's Avatar
United States
3546 Posts
 Posted 02/16/2017  5:49 pm Show Profile   Bookmark this topic Add mdpmedia to your friends list Get a Link to this Message Number of Subscribers
Hello,

I am considering sending in this coin to PCGS which has a value of about $ 220 for a VG-7.

1921-Walking-Lib.-50c---Justify-PCGS-Variety-Ck-From-Xtra-Value-'Clip'
Pillar of the Community
muddler's Avatar
United States
7184 Posts
 Posted 02/16/2017  6:17 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
This coin is damaged and cleaned certainly not worth the grading costs.
Pillar of the Community
Mark1959's Avatar
7234 Posts
 Posted 02/16/2017  6:27 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
Yes, damaged, cleaned, not worth grading.
Probably G-04 (at the most) details grade (damaged,cleaned)
Edited by Mark1959
02/16/2017 6:29 pm
Pillar of the Community
mdpmedia's Avatar
United States
3546 Posts
 Posted 02/16/2017  6:51 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
Assuming that your opinion is not that much different from the above valuation for this grade, here are the primary questions:

#1 what % or $ amount would the presence of the 'clip' add or detract from the aforementioned $ 220 (see below),

# 2 would it be worth it to send in this coin and pay extra for the variety attribution services and

# 3 depending upon the real or perceived cleaning effect would it be severe enough for PCGS to warrant a details designation?

In summary, in an attempt to structure the easiest format for organizing with some uniformity the expected multiple responses please try to use the following template when calculating the effects of each distinct contributing factor, where each viewer is likely to opine differently:

i.e.

Starting with $ 220 @ a VG-7 grade as the base/ground value to subsequently adjust with all or some of the following, factor in the appropriate issues with a:

+ or - dollar amount for the potential added value or annoying/disruptive devaluation effect w/r/t to the presence of the clip

+ or - dollar amount for an increase or decrease in grade compared to the VG-7,

+ or - dollar amount for the negligible or significant financial impact of cleaning or not

to produce a GRAND TOTAL of .............?

I always use this type thought process for all of my submissions to any TPG when making the final determination to justify PCGS grading charges, for example, coupled with the corresponding USPS registered mailing fees etc.

Thanks for your opinions.
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 02/16/2017  7:39 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
IMHO , I do not recommend that you send this coin in to any TPG .
Pillar of the Community
Imthealphaomega's Avatar
United States
3210 Posts
 Posted 02/16/2017  7:53 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Don't waste your money on grading it'll come back details cleaned and damaged
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 02/16/2017  8:10 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Sure looks more wear than clip, no matter what grading co. said. As others said, not worth it, you'd never get out what you have and would put into it. Your list value is too high, yea it's book price for g7. Yours may get that on reverse (doubt it)but obverse is straining for F2 at best. Use it as a hoe filler til get better.

Valued Member
FordF150's Avatar
United States
243 Posts
 Posted 02/16/2017  8:32 pm  Show Profile   Bookmark this reply Add FordF150 to your friends list Get a Link to this Reply
A clip is slightly curved in ,looks like someone put this coin against a grind stone.
Pillar of the Community
Learn More...
BigSilver's Avatar
United States
2843 Posts
 Posted 02/16/2017  9:14 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
does not look like a clip. Lokks like damage.
Pillar of the Community
Susuman's Avatar
United States
595 Posts
 Posted 02/16/2017  9:44 pm  Show Profile   Bookmark this reply Add Susuman to your friends list Get a Link to this Reply
I also do not think that this coin is worth grading. In any event, here is how I would apply your questions.

1. A clip would perhaps add some value to this coin from your stated condition assumption. However, I don't think this is a clip. It is slightly convex like it was ground away - perhaps a kid sat and ground it on the sidewalk for an hour. If it was a clip, it would generally be concave with an arc of the same radius as a half dollar. With a clip this large, I would also expect to see the devices on the opposite edge to be very weak due to the Blakesley effect, though I don't see it. In summary, I think that the coin has severe post-mint damage and thus worth considerable less than $200 as it would receive a details grade due to damage.

2. I do not think it would receive a VG-7. Probably considerable lower and thus less than $200. Not worth sending it in, and especially not with a variety attribution.

3. I think it is cleaned and the value is thus further decreased. It looks severe enough that this would give it a details grade.

Sorry....
Bedrock of the Community
United States
20753 Posts
 Posted 02/17/2017  10:50 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Unless your planning putting this up on ebay, not much Cents in having it slabbed.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 02/17/2017  11:34 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
A clip is slightly curved in

Not if it is a straight clip from the edge of the strip. I can't tell if this is a genuine clip or not.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 02/17/2017  5:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
All things considered, saving your money sounds like good advice.
Pillar of the Community
52Raymo's Avatar
United States
8515 Posts
 Posted 02/17/2017  6:22 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
How could someone treat this poor coin so badly ? Dang
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 02/17/2017  7:06 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I agree ... that for the state this coin is in, it would be impossible to determine
if the clip was done at the mint or damaged after leaving the mint.

My opinion, it was damaged after leaving the mint.

This coin is a classic hole filler. A coin that is better than a empty hole.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 02/17/2017  7:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Barely.
  Previous TopicReplies: 18 / Views: 2,599Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.33 seconds to rattle this change. Forums