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 Replies: 21 / Views: 3,139 |
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Pillar of the Community
United States
1666 Posts |
Opinions?   |
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Rest in Peace
United States
2668 Posts |
With a lump in your throat and tears in your eyes.  |
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Pillar of the Community
 United States
1666 Posts |
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Pillar of the Community
United States
1691 Posts |
delete
Edited by atlashealth
07/23/2008 12:14 pm
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Moderator
 United States
23522 Posts |
I weep.
It's still a $400 coin.
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Moderator
 United States
6563 Posts |
Isn't any holed coin automatically graded to AG reguardless if the hole is filled or not
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Moderator
United States
23522 Posts |
Quote:
Isn't any holed coin automatically graded to AG reguardless if the hole is filled or not Not necessarily; especially in the case of a holed coin, it's more about "market grade" than "strict grade," and that means money. You'll note that the (wise) OP asked for opinions and not grades.  Demand determines the value of the coin, and grade derives from demand, in this case. If it's, say, a $450 coin, maybe it's an AG going for stupid money, or an F15 that's a steal. Who cares? It's all about the size of the check with this one. Me, I'd still write the check. There were only 16,000 of these. |
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Pillar of the Community
United States
1666 Posts |
Thanks SuperDave!
If your well crafted assumption is correct then it fits with my own opinion. That being that the hole reduces the value of the details grade by half. You say F-15 details? Fair enough. I couldn't decide between F or VF.
Edited by Numismat
07/20/2008 02:45 am
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Pillar of the Community
United States
3233 Posts |
Actually, grade is almost meaningless for damaged coins. You just have to price it. I have a very difficult time trying to do this with similar coins. I once sold an 1877 Indian cent (a few years ago) for $75 that looked like a Mack truck ran over it and then dragged it along the asphalt for a few miles. Personally, I don't want to own any damaged coin, no matter what the "grade" or price. It's just too distracting. For instance, that 1869, for me, would be a lot more attractive as a problem-free AG than as a holed AU. Edited by Prethen
07/20/2008 10:14 am
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Pillar of the Community
United States
2049 Posts |
Quote:
Personally, I don't want to own any damaged coin, no matter what the "grade" or price. It's just too distracting. For instance, that 1869, for me, would be a lot more attractive as a problem-free AG than as a holed AU. I second this. If I get holed coins, I try to move them out of my collection regardless if I need them to fill a set or not. |
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Pillar of the Community
United States
1666 Posts |
I would typically get rid of holed and damaged coins. But with the rarity here, I just don't know. Probably will keep it for a while.
Edited by Numismat
07/20/2008 4:09 pm
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Pillar of the Community
United States
1130 Posts |
I have 1 repaired coin in my collection. It was well done and quite deceptive to the untrained eye (like me when I bought it).
I decided to keep it since it wasn't a distraction and probably several hundreds less than a same coin with original surfaces.
I have since had it certified by ANACS.
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Pillar of the Community
United States
1415 Posts |
1sikevo,
Is the slab marked repaired?
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Pillar of the Community
United States
1130 Posts |
Yes, it's marked on the slab.
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Pillar of the Community
United States
1666 Posts |
It's a good thing that ANACS will even grade a repaired or damaged coin.
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Valued Member
United States
131 Posts |
I noticed that in the upcoming U.S Coin Auction by Heritage at the Baltimore show, they are offering an 1820 North West Brass Token that was graded by PCGS as Fine 12 which is holed at 12 o'clock. Heritage says most of these coins were so holed, but it makes you wonder just how PCGS makes its decisions on whether to grade or not.
It's also interesting that the hole in your coin is right at one of the thir stars on the obverse. Maybe someone wanting to make a political statement....
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Replies: 21 / Views: 3,139 |
Posted 07/19/2008 7:08 pm
