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1859 O Seated Liberty Dollar - Question Before Purchase

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Author Previous TopicReplies: 7 / Views: 1,233Next Topic  
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MrBreeze's Avatar
United States
357 Posts
 Posted 12/14/2020  10:38 am Show Profile   Bookmark this topic Add MrBreeze to your friends list Get a Link to this Message Number of Subscribers
I am looking at purchasing a 1859 O Seated Liberty dollar. The coin has what appears to be two letters or initials scratched into the field of the obverse. It would probably grade G4 to G6. My questions are with the letters scratched in, should I still look at purchasing if the price is right? Could it ever be graded by a TPG? Thanks for any general thoughts on this topic.
1859-O-Seated-Liberty-Dollar---Question-Before-Purchase
Edited by MrBreeze
12/14/2020 11:00 am
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That Coin Dude's Avatar
United States
1427 Posts
 Posted 12/14/2020  10:44 am  Show Profile   Bookmark this reply Add That Coin Dude to your friends list Get a Link to this Reply
Are they counterstamps or knife marks?
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MrBreeze's Avatar
United States
357 Posts
 Posted 12/14/2020  10:49 am  Show Profile   Bookmark this reply Add MrBreeze to your friends list Get a Link to this Reply
They appear to be hand scratched initials. Definitely not counterstamped
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MrBreeze's Avatar
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357 Posts
 Posted 12/14/2020  10:59 am  Show Profile   Bookmark this reply Add MrBreeze to your friends list Get a Link to this Reply
Photo added
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Adam590's Avatar
United States
751 Posts
 Posted 12/14/2020  11:06 am  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
The coin is technically "damaged goods" in the eyes of TPG and many collectors. The price should probably be significantly under G(4) or G(6) money--maybe AG(3) or FR(2)? IF you really like the coin, though, then why not go for it if the price is right? The initials tell a personal story and add character unique to that specific dollar. I personally love coins with unique characteristics (sometimes defects) because I love imagining the story of how the coin acquired those characteristics.

Again, only IF you like the aesthetics of the coin would it worthwhile.
Edited by Adam590
12/14/2020 11:08 am
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/14/2020  11:11 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
This is graffiti. It'll be a tough coin to resell someday.
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panzaldi's Avatar
United States
18644 Posts
 Posted 12/14/2020  12:30 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
if you have no intention of selling it then buy what you like and to answer your question. the coin would receive a details designation
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MrBreeze's Avatar
United States
357 Posts
 Posted 12/14/2020  12:32 pm  Show Profile   Bookmark this reply Add MrBreeze to your friends list Get a Link to this Reply
Even at $80 I think I will pass. Thanks all.!
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