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Replies: 12 / Views: 1,388 |
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Valued Member
United States
213 Posts |
Hi everyone, I need help with this piece. What grade would you give it? It just arrived from JM Bullion, and is supposed to be BU. But it seems to have some slide marks on the high points of the rooster. Are these marks acceptable on an uncirculated gold coin, or should I send it back? I know the second picture isn't great, but it captures the slight discoloration on the wing.    Thank you.
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Pillar of the Community
 United States
8939 Posts |
AU58, not really MS, but many retailers call AU/MS sliders BU. I define BU as MS65 or up.
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Bedrock of the Community
United States
94367 Posts |
"Slider unc" AU-58.
Edited by Coinfrog 08/02/2019 1:28 pm
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Valued Member
 United States
213 Posts |
Thank you GrapeCollects & Coinfrog! I appreciate your input.
That's what I was afraid of. This one's going back. Maybe they'll get the next one right
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Pillar of the Community
 United States
7966 Posts |
First, I'll say that's a lovely type, and I hope you eventually get one that satisfies. You probably ran across this one for reference at MS64. https://www.coinarchives.com/2b201d...age53811.jpgI wouldn't say the rooster's breast is perfect on that one either.
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Valued Member
 United States
213 Posts |
Quote: You probably ran across this one for reference at MS64. Thank you for the link, tdziemia! I hadn't actually. After seeing what received a 64, this one may be a keeper after all. You've given me something to think about. (Always a good thing)
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Bedrock of the Community
United Kingdom
18014 Posts |
I've seen quite a few of these coins in France at bullion dealers and they often have marks on the rooster's breast and Marianne's cheek. They didn't circulate much (withdrawn in 1914) but like Morgan dollars I think they got a bit scratched as they were bumped about in bank bags. This one's got a very nice obverse.
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Rest in Peace
United States
17900 Posts |
It's appropriate to ask those questions and it makes it easy when your photos are decent. But keep in mind that these are BULLION coins and are usually only a few dollars over actual gold value. Forming a collection of gold coins available near bullion prices is a lot of fun and one of the better coin "investments". But they don't get a lot of respect. Dealers often toss them around as if they were junk. It's really best to buy these at a show where you can see lots of them. If that option isn't available, you can buy from the big boys and you will be fine. If you buy from ebay, buy only NGC and PCGS, as there are a LOT of counterfeit examples. The exception to that policy would be to buy there from the same big boys. They would lose too much by ever selling a bad coin.
Edited by moxking 08/02/2019 5:33 pm
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Valued Member
 United States
213 Posts |
Quote: I think they got a bit scratched as they were bumped about in bank bags. This one's got a very nice obverse. That makes a lot of sense, and thank you! After sleeping on it, I'm going to keep this one. Quote: Forming a collection of gold coins available near bullion prices is a lot of fun and one of the better coin "investments"....But they don't get a lot of respect. Dealers often toss them around as if they were junk. It's really best to buy these at a show where you can see lots of them. If that option isn't available, you can buy from the big boys and you will be fine. Quote: But keep in mind that these are BULLION coins and are usually only a few dollars over actual gold value. I agree with you regarding the appeal of these coins. And, thank you for the advice on buying. I do feel these coins deserve a numismatic value, but then it would have cost quite a bit more. So actually, I guess I hope they become appreciated after I have compiled a nice collection at bullion prices. Thanks everyone, for the opinions!
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Pillar of the Community
United States
9395 Posts |
Quote:They didn't circulate much (withdrawn in 1914) but like Morgan dollars I think they got a bit scratched as they were bumped about in bank bags. This one's got a very nice obverse. A rooster from 1911 has about a 2/3 chance of being a restrike made as late as 1960.
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Valued Member
 United States
213 Posts |
Quote: A rooster from 1911 has about a 2/3 chance of being a restrike made as late as 1960. Thank you pepactonius. I read that there was a restrike, but I didn't realize they had minted so many. The odds are against me, but do you happen to know of any way to differentiate between the two varieties?
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Bedrock of the Community
United States
36903 Posts |
MS-60 bullion coin, doesn't look like it has been in circulation.
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Valued Member
 United States
213 Posts |
Thank you IndianGoldEagle, I really appreciate your opinion on the grade.
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Replies: 12 / Views: 1,388 |
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