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 Replies: 12 / Views: 3,027 |
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Pillar of the Community
United States
1429 Posts |
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Pillar of the Community
United States
3499 Posts |
hmmm, that is a good question. Honestly something really bothers me about this coin (and not just the totally scraped off lettering on each side of the coin on both obverse and reverse). I know that this bust type was really prone to wear rather quickly, but something is just kind of amiss with this coin. I can't put my finger on it.
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Moderator
 United States
23731 Posts |
Looks like the grader based his/her grade on the bust which is EF, but not the rest of the coin.
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Pillar of the Community
Spain
1361 Posts |
the bust is XF, center sheild (Lions and Castles) is XF, the rest?
Edited by manila galleon trade
11/24/2008 06:23 am
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Pillar of the Community
Canada
1267 Posts |
Most likely the portions in question (at 3 and 9 o'clock) were just not struck up........this pup is almost 200 years old, after all.  |
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Pillar of the Community
United States
3499 Posts |
well, I don't think that this is an issue of strike. The 3 and 9 o'clock spots on both faces seems to have been scraped. This was often done in order to determine if the coin truly was silver. In fact, this was such a common practice that it is hard to find bust 8s that don't have a few file or cut marks along the edges or one of the faces. But in this case, it seems that it was tested a heck of a lot, so I think that the person who graded it was being way too optimistic.
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Pillar of the Community
Spain
1361 Posts |
I think 70% to 80% of the coin is XF, it was rounded of to 100%
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Pillar of the Community
Canada
1267 Posts |
A couple of other examples I found in the Heritage archives, both with the same characteristics as the coin in the op. Heritages description "Pair, KM191, armored bust, 1811, crude Fine or better with portions not struck up, but with a full date and mint name and bold PLUS on the left pillar, and 1812, Good, undamaged, virtually fully readable legends including the date and mint name. Two very useful examples of this crude, provisional coinage."   Image:  8reales.jpg22.39 KB Image: 8realesrev.jpg25.04 KB |
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Pillar of the Community
United States
3499 Posts |
hadleydog- It really doesn't seem that Zohar's coin is a provisional piece. While it may be true that quality may have dipped a bit in this later period, I still think that the edges suffer from PMD. |
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Pillar of the Community
 United States
1429 Posts |
Interesting when I pointed the perceived grading gap to the ebay seller he took it personally and asked me never to bid again in his auction. As they say, first like the coin not the grade. Thanks for your help. |
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Pillar of the Community
Canada
1267 Posts |
hadleydog- It really doesn't seem that Zohar's coin is a provisional piece. While it may be true that quality may have dipped a bit in this later period, I still think that the edges suffer from PMD.
Archraz, I know next to nothing about Mexican coins, but I do know that the minting process in 1811 was more than a little crude. Many US coins during this time suffered from incomplete strikes, similar to the coin in the op. If the coin was filed down, or scraped to determine metal content, would the TPG's still slab it? I honestly don't know, but if they do then you are most likely correct.
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Pillar of the Community
United States
3499 Posts |
Zohar444- I'm really glad that you opted out of this one. Something was just a bit fishy about the whole thing.
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Pillar of the Community
United States
1429 Posts |
Very fishy. I am surprised as to the generous NGC grade - my experience has been that they tend to be more conservative in their grades compared to other services.
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Replies: 12 / Views: 3,027 |
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Posted 11/24/2008 05:44 am
