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Replies: 28 / Views: 2,233 |
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Pillar of the Community
United States
3659 Posts |
World's easiest attribution: Since it's an 1807, it's a JR-1. The 1807 is a strike quality nightmare. That makes grading tough. This has to be one of the most heavily clashed ones I've seen. The toning doesn't help. That said, I see peripheral weakness and central device strength. I hesitate on whether a TPG would see clear evidence of circulation. IMHO, a TPG could see this as UNC, and possibly straight grade it. Disregarding the gouges and scratches on the reverse ("other than the iceberg, how was the Beef Wellington?"), it might land in the MS-63 area. If it straight grades, I could see a TPG adjusting it downward a full point for eye appeal to MS-62. Personally, I see hints of circulation, an average ugly 1807 strike, and enough deep gouging and suggestions of an old cleaning to call it AU Details.
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Pillar of the Community
  United States
8938 Posts |
Alright, I'm extending to 9pm
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Pillar of the Community
United States
2003 Posts |
I'm with NumisEd, AU details/ scratches.
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Pillar of the Community
United States
4963 Posts |
I also saw the grade. NGC dropped the ball on this one.
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Pillar of the Community
United States
646 Posts |
I think there is a bit of wear on it, I'm at EF-45.
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Pillar of the Community
United States
6392 Posts |
Just to further confuse the topic, here is my 1807 dime which I purchased raw from a Stack's auction in 2005. Stack's called it "BU with claims to choice". It was subsequently graded "MS details, cleaned" by PCGS. I wasn't surprised that it was flagged as cleaned. These are the photos from the auction catalog.  
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Pillar of the Community
  United States
8938 Posts |
Sorry for the delay! We've had family over the last few days, so been busy hanging out with them. I think NGC dropped the ball, hard. But me saying that NGC sucks at grading is like the sky is blue. Personally, I give this AU Details Scratched. That scratch, if it was on ANY other coin, would be detailed any day, and if NGC wants to hold any pretensive of grading objectively this should be in a details holder. Not to mention that massive hit to the cloud on the reverse. I know you couldn't see it from the first set of pics, but what I initially thought was a light scratch on the obverse bust doing N-S looks much deeper in the full slab shot. All in all, NGC sucked on this one IMO. 
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Pillar of the Community
 United States
5674 Posts |
Can't argue with you about the scratch and gouge on the reverse, but it does look mint state to me. NGC was obviously pretty generous here...
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
 United States
5191 Posts |
I hope nobody in their right mind will pay MS64 money for this coin.
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Pillar of the Community
United States
9792 Posts |
I also believe this coin should be "Details" possibly MS62/63 though, I would hold grade judgement on this piece until it was in hand, it could easily go AU or not. Could be what I think I'm seeing as rub or wear spots are simply a weak strike and the planchet not filling the die up.
The seller is quite a knowledgeable individual in the coin market, so I give a little leeway to him on the grade, for a coin this expensive I would think they really studied it in depth and in hand, before laying out funds to purchase.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
 United States
5191 Posts |
But you are stuck with this NGC slab. Crossing it over to PCGS has the danger of regrading it lower or even Detailing it.
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Pillar of the Community
United States
2003 Posts |
Just to show how hard it can be to judge a coin from a picture, the pic of the entire slabbed coin looks more lustrous with more pleasing toning and eye appeal than the pics from which we all assed this coin. That said, I still don't see it as MS64 unless they are applying a different standard for early coinage.
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Replies: 28 / Views: 2,233 |