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1894 Newfoundland 50 C

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Silver101's Avatar
Canada
1081 Posts
 Posted 06/21/2020  4:58 pm Show Profile   Bookmark this topic Add Silver101 to your friends list Get a Link to this Message Number of Subscribers
Another attractive 50c. Asking price is quite good if the grade is accurate, EF-40 from ICCS, but it looks a little generous to me. The braid in front of the ear looks worn and the '50' on the reverse does too (or weak strike to start with). Thoughts?

1894-Newfoundland-50-C
1894-Newfoundland-50-C
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/21/2020  4:59 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'm closer to VF-30 on this one.
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Canada
9864 Posts
 Posted 06/21/2020  6:33 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
EF40 only on a good day.

Here's a couple of other slabbed examples for comparison
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401854758994
"Dipping" is not considered cleaning...
-from PCGS website
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TheDeductible's Avatar
Canada
851 Posts
 Posted 06/22/2020  12:17 pm  Show Profile   Bookmark this reply Add TheDeductible to your friends list Get a Link to this Reply
I'd still give it a EF40. The wear is limited imo and may be due to a weak strike.

Do you think this one might have had an old cleaning? The color of the toning in the legend on the reverse side suggests to me that it might have been cleaned a LONG time ago. Maybe some crud was cleaned off by dipping a long time ago and it has since retoned. Of course, that's what I see in the pic - maybe the crud is still there?
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 06/22/2020  12:33 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
Looks to be a bit shy of EF imo. Still extremely nice however.


Quote:
.Here's a couple of other slabbed examples for comparison


The ANACS one looks even less than the ICCS one, and the PCGS one looks cleaned.

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Canada
576 Posts
 Posted 06/24/2020  09:37 am  Show Profile   Bookmark this reply Add tamarin to your friends list Get a Link to this Reply
Solid VF-30. Doesn't have the definition of an EF.
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Silver101's Avatar
Canada
1081 Posts
 Posted 06/26/2020  07:05 am  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
Thanks for the input everyone and particularly the slabbed examples - very helpful. Agreed that the ANACS example is lower still - I would put that one closer to the VF-20 range.

I think I've settled on an AEF for this guy. I'm still learning the ropes on the 50c and there's a lot to look at. One thing I find is that the little ribbons at the bottom of then neck tend to be among the most preserved parts of the obverse in this coin. As such, they should usually really stand out and have a sort of 3D look at grades above Sheldon 40. That along with the eyelid and the state of the centre vein on that central leaf in the laurel seem like key elements. Those features are all pretty good but they're shy of EF.

As for the cleaning issue - interesting point. Several things argue against: most notably for me would be the slight halo effect on the obverse. On the other hand, while the toning is pretty comprehensive it's also a little uneven which I sometimes take as evidence of cleaning . On the third hand, I see no hairlines so we're talking about a possible dipping event only.
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 06/26/2020  11:20 am  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
My guess is that the reverse centre discoloration is probably a result of how the coin was held, likely when it was still in circulation, and since the centre ring area is more protected with lots of Field area it probably didn't retone as much before being taken out of circulation.
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CanadianBanknote's Avatar
Canada
23 Posts
 Posted 06/26/2020  2:08 pm  Show Profile   Bookmark this reply Add CanadianBanknote to your friends list Get a Link to this Reply
EF40. The 0 on the reverse looks more weakly struck than wear. I would say this is close to ef40 and a nice Vf30. That being said Ive seen bad and good examples from all TPG's. I probably would buy this as en ef40 if the price was right. The example of the PCGS ef is kind of odd because usually its the other way around where ICCS ef40 looks better than the PCGS xf 40.
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Silver101's Avatar
Canada
1081 Posts
 Posted 06/27/2020  06:41 am  Show Profile   Bookmark this reply Add Silver101 to your friends list Get a Link to this Reply
@CanadianBanknnote: the asking price is $450. That's below what is says here an in the Charlton but I would prefer to pay ~$50 or so less than that. I usually assume those prices are inflated by around 20-40%. Anyway, still debating.... I've been on quite a shopping spree lately and it's time to tone it down a little.
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IndianGoldEagle's Avatar
United States
36745 Posts
 Posted 07/05/2020  2:14 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Looks EF-40 to me.
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