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German States Bavaria Thaler 1871 Proof

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Jadey's Avatar
United States
906 Posts
 Posted 11/15/2018  6:11 pm Show Profile   Bookmark this topic Add Jadey to your friends list Get a Link to this Message Number of Subscribers
German States Bavaria Thaler 1871 Proof

So this is a tricky one for me. It is a proof coin that looks better than the pictures, but it has clearly not been protected over the years. How does one grade a proof coin that has either been circulated, or been a bit mistreated?

You can also see that poor Ludwig has a neck wound, hopefully not lethal.

First pictures are close up, but unfortunately you see the camera in the images. Sorry for the upside down image. I flipped it on the computer, but it flipped back when I uploaded.

German-States-Bavaria-Thaler-1871-Proof
German-States-Bavaria-Thaler-1871-Proof

The second pair (taken from further away with zoom) doesn't show the reflection, but lacks the mirror quality.

German-States-Bavaria-Thaler-1871-Proof
German-States-Bavaria-Thaler-1871-Proof

I'm interested on opinions on how this would be graded, as well as how it would be valued.
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oriole's Avatar
Canada
5297 Posts
 Posted 11/15/2018  7:01 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I can sort of see that the mirror effect is real and not just do to polishing, but I would not make a purchase based on those photographs.

There is such a term as "impaired proof", and this looks like it has been handled a bit and that term would apply. I understand that you can get grades like Proof-50 because proof is a way of striking, not a grade as such, so that you can have worn proofs.

it seems to me doubtful that a proof-50 would have any premium over an au-50.

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Jadey's Avatar
United States
906 Posts
 Posted 11/16/2018  3:46 pm  Show Profile   Bookmark this reply Add Jadey to your friends list Get a Link to this Reply
According to the NGC price guide, it would be valued at 350 as a Proof, but only 90 in MS60. Given that, I can't really see getting it graded.

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IndianGoldEagle's Avatar
United States
37206 Posts
 Posted 11/17/2018  5:58 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
It looks Proof-Like than Proof to me with a possible old cleaning.
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