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Would This Be Considered Damaged?

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Author Previous TopicReplies: 13 / Views: 1,436Next Topic  
Valued Member
fmtaxguy's Avatar
United States
257 Posts
 Posted 10/28/2008  11:32 pm Show Profile   Bookmark this topic Add fmtaxguy to your friends list Get a Link to this Message Number of Subscribers
I am considering buying the coin pictured, but am concerned about the ding on the obverse field by Liberty's shin. How might that affect the market value, and would a third party grading company consider such a coin as 'damaged' because of the ding? I look forward to and appreciate your valued opinions.

Image: Would-This-Be-Considered-Damaged? Half.jpg
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/28/2008  11:27 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I would not worry so much about that small divot but the coin is unnaturally white for being 155 years old. I would worry about it getting bodybagged for cleaning, especially if those are the only pictures you have to judge the coin.

***Moved this reply here from duplicate topic ~ Dad***
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coinguybrian's Avatar
United States
5375 Posts
 Posted 10/29/2008  12:24 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I don't know if the slabbers would let that slide, but I certainly would still pay at least 90% of normal for it..
Valued Member
United States
303 Posts
 Posted 10/29/2008  02:52 am  Show Profile   Bookmark this reply Add hc8604 to your friends list Get a Link to this Reply
Looks like there is one by the forehead too.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 10/29/2008  06:30 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
And one by the first star (left side, facing).

But, if from normal circulation, they would slab.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 10/29/2008  07:57 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
If it hadn't been cleaned, it may have slabbed.
Valued Member
fmtaxguy's Avatar
United States
257 Posts
 Posted 10/29/2008  08:15 am  Show Profile   Bookmark this reply Add fmtaxguy to your friends list Get a Link to this Reply
Thanks to all. I seem to have missed the smaller dings mentioned here. Any opinions on how it might grade?
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Morgans Dad's Avatar
United States
5604 Posts
 Posted 10/29/2008  09:05 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Nice coin, however was it cleaned, it does appear to have a very dull finish(lack luster). I can not tell from the photos, the eyes are not what they use to be.I would and have purchased coins like this, even if it was cleaned(which some hold against the coin)it is a fine piece of history and anacs would grade it anyway.I do not think they would not grade it because of the "dings"!!
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wwhitman's Avatar
United States
1415 Posts
 Posted 10/29/2008  09:16 am  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
It does appear to be cleaned. You will need bigger pics to determine the extent of the cleaning. Surface pitting will be the issue.
If the price is right, I would purchase it.
I would grade coin AU-50 ( dings) then drop it one grade for the cleaning EF-40 and use that as my benchmark on pricing.
Hope this helps a little.
Let us know how it turns out.
We would also like to see the bigger pics
Valued Member
fmtaxguy's Avatar
United States
257 Posts
 Posted 10/29/2008  10:16 am  Show Profile   Bookmark this reply Add fmtaxguy to your friends list Get a Link to this Reply
I would love to provide larger pics, by popular demand, but unfortunately I have none larger to provide. The price on this coin is $359, and is listed as choice AU. I am told that the coin in hand shows lots of luster not apparent from the photos. In lieu of larger pics, I hope this additional info helps. Either way, I appreciate all the feedback and learned opinions.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 10/30/2008  06:26 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Well, you have to ask why he is asking for $359 for a coin that trends (in AU) for $600.
The seller is well aware of the coin's problems.

Decide if you can live with the problems described above, and that should help to make up your mind.
Good luck.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/30/2008  07:15 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I would look at this sellers other pictures of coins and see how much luster shows in his other pictures and then judge from that on how much luster this coin may have. You can do this by clicking on his feedback score and then if he has sold anything within the last 90 days (I think) all you do is click on the "view item" link beside what the others said about the items they bought
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Blue Diamond Gold Exchange's Avatar
United States
97 Posts
 Posted 11/16/2008  8:10 pm  Show Profile   Bookmark this reply Add Blue Diamond Gold Exchange to your friends list Get a Link to this Reply
I would steer clear of this one if I were you.
Best wishes,
Matt
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L1011's Avatar
United States
300 Posts
 Posted 11/17/2008  1:13 pm  Show Profile   Bookmark this reply Add L1011 to your friends list Get a Link to this Reply
I'd vote for it have been cleaned, looks too smooth....maybe you can negotiate the price down some, for the imperfections
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