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 Replies: 20 / Views: 1,981 |
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New Member
United States
9 Posts |
Hello all, I am new to this game so would appreciate your opinions on the grading of this coin: a 1852-O Liberty Head $10. I've taken some pics and scans, they're oversized so you may view them here: https://www.px625.com/1852/I'm fairly certain all the marks are on the coin, not the holder. Please feel free to comment on the marks. I'd appreciate the lesson. -Art Edited by artma
08/18/2021 12:36 am
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Moderator
 United States
56855 Posts |
 . Use the free image optimizer here on CCF. John1  |
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New Member
 United States
9 Posts |
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Bedrock of the Community
Australia
21786 Posts |
Pictures too out of focus under the plastic to be able to grade the coin accurately.
It is very difficult to accurately assess the various nicks and scratches in the fields, and to get a very good idea of the luster. Has a noticeable ding in the field behind Lib's neck.
I do notice flatness of hair detail over Lib's ear, but as far as wear is concerned, there seems to be none anywhere else. Rims OK.
Third Party Grader had much more of an advantage than we do.
They were able to examine this coin in hand, with a 10 x loupe, under ideal lighting conditions.
At this stage, I can only agree with the advertised grade of
MS-61.
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Bedrock of the Community
United States
94367 Posts |
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New Member
United States
9 Posts |
Thanks for the quick replies. Yes, the pics are what they are.
I was concerned with two issues:
1. obverse, long scratch at 2:00.
2. reverse, long scratch under left wing.
These are on the coin. Would they disqualify it from even being uncirculated?
What do you folks see as the main issues?
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Bedrock of the Community
 United States
18662 Posts |
Quote:
These are on the coin. Would they disqualify it from even being uncirculated? no they would not disqualify it as MS they would just result in a details designation from a TPG reducing the value. my best guess based on these photos is that the scratches may be on the coin. I'm not convinced this coin is MS. either AU50/53 or MS61 |
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Moderator
United States
188213 Posts |
to the Community! |
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Pillar of the Community
United States
4469 Posts |
I would like to start with the typical MS61 gold coin is heavily marked, and difficult to find a quality example. When buying gold, I usually go down to AU58 or MS63 and over.
The original post coin does not have the typical heavily marked look of a MS61, but the coin shows some possible signs of circulation. The face area and field in front of liberty looks like the luster has worn off from circulation rub, and possible wear in the hair area. I would grade the coin at AU58.
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Pillar of the Community
United States
7940 Posts |
I'm a little confused by the discussion. Is the intent of the OP to re-submit the coin? (which to me doesn't fit with comments about being new). Otherwise, you've got a coin aleady graded.  |
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New Member
United States
9 Posts |
My intent is to perhaps purchase and resubmit. I just don't think it's MS61 as advertised.
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Bedrock of the Community
United States
94367 Posts |
Why don't you just show us the original holder with the grade?
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New Member
United States
9 Posts |
It's a PGA holder. I did not include that to avoid any potential bias among those replying.
If it were PCGS/NGC I would have confidence in the grade.
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Pillar of the Community
United States
6384 Posts |
Looks like definite friction and luster loss in the obverse field. AU-55 would be my grade for detail. The obverse scratch seems severe enough to prevent a straight grade. I'd be at AU Details, Scratched as the overall TPG grade. Whatever grade is on the "PGA" holder cannot be trusted. PCGS prices this coin at $12,500 (!) in AU-55. This "problem" example should sell at a large discount but should still cost thousands. It is a very scarce coin. |
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Bedrock of the Community
Australia
21786 Posts |
artma:
Big money involved here with huge value swings at this grade level.
And the seller, as I reason it, obviously knows it.
As you imply, PCGS and NGC have a better reputation and by your words.
I would agree with that. I would also imply that this coin is not in a holder by either PCGS or NGC.
Ask the seller to break it out and re submit to either PCGS or NGC. I'll betcha London to a brick on that he won't.
If you proceeded to buy it, would you break it out and re submit? And would you be happy to do that?
I note that other CCF members have been braver than me, and suggested a grade below MS-61, as advertised.
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New Member
United States
9 Posts |
The value ABOVE AU58 is substantially greater, hence the optimistic PGA grade of MS61.
I would definitely break and resubmit it. I would think you have to with a coin of this potential. I mean, who would pay MS60 and up money in a PGA holder?
If I pay AU58 money and break even with a resubmmit, I'm satisfied for taking a shot.
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Replies: 20 / Views: 1,981 |
Posted 08/18/2021 08:57 am
