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Replies: 19 / Views: 1,776 |
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Bedrock of the Community
United States
11881 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
6384 Posts |
Looks authentic, with a fair amount of small contact marks but no major hits. Doesn't appear to have been harshly cleaned. Detail is at least AU-50. Price was very good, as long as it grades problem-free.
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Bedrock of the Community
United States
10982 Posts |
Those look like scans with no luster apparent. Whether there's any luster or not is a question that needs answered. AU+ remaining detail for sure. In a top tier AU55 holder it's a $2k piece easily. I'd just hope it not dipped to death.
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Pillar of the Community
United States
4469 Posts |
I am at AU Details cleaned. The coin does have a shot at a straight AU grade.
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Pillar of the Community
United States
4680 Posts |
 AU Details, cleaned, possibility to straight grade. Curious how the dark patch to the right of the date and also on the reverse between the eagles wing and A3 look in hand.
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Pillar of the Community
United States
1694 Posts |
Thinking AU-53 I can not tell if its cleaned from the pics since scans take alot out of the color of the coin
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Bedrock of the Community
 United States
18662 Posts |
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Pillar of the Community
 United States
5182 Posts |
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Pillar of the Community
United States
3644 Posts |
Seller's photos? I can't really get a good feel for the surface conditions from the photos. In terms of grade, I'm comfortable with at least AU-50. I also wonder about the darker spots on the coin. The in-hand photos will really be important here. This might be a fantastic purchase. There are a lot of grade-appropriate coins in mid and lower grades, but 1840 is a bit of a challenge to find with nice surfaces in higher grades.
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Pillar of the Community
Taiwan
606 Posts |
Put me in the camp that believes this coin and the 1845 LSD posted earlier have been seen by numerous individuals over the years. If these coins would straight grade it would have happened by now.
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Bedrock of the Community
 United States
11881 Posts |
I always found it interesting that certain dealers always go out of their way to tell me that all good coins have been slabbed. Yet these same dealers are always hunting for raw coins to buy and they tell me that they submit hundreds of coins to the TPGs for slabbing every month. Weird right? 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
United States
4680 Posts |
 I never understood the argument "if it were problem free it would be slabbed" or vice versa. People collect raw coins. I collect both. I've cracked more slabbed coins than I can count for albums. When/if the time comes to sell, I may get some re-slabbed, others I'll sell raw. My LCS primarily deals in raw. Depending on the coin and the market, raw sell just fine. The only time I see red flags is when a dealer sells mostly slabbed, straight graded examples, and their raw coins look questionable.
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Pillar of the Community
Taiwan
606 Posts |
Different strokes for different folks which is great but when I see a coin that if slabbed would be worth a few thousand dollars more it raises a red flag with me.
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Pillar of the Community
United States
4680 Posts |
Quote: if slabbed would be worth a few thousand dollars more While I do agree that it is typically easier to move a coin in a straight graded holder, and they do typically bring a bit more in this day and age, I'd have to respectfully disagree with this statement. This statement would be true for those that buy the holder, not the coin. And also be completely dependent on what a TPG's opinion of this coin was.
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Bedrock of the Community
 United States
11881 Posts |
Quote: Different strokes for different folks which is great but when I see a coin that if slabbed would be worth a few thousand dollars more it raises a red flag with me. I don't think we have any disagreement here. This coin raised flags for me and may turn out to be a dud when I receive it, but given that there is a return privilege I'm not sure I'm taking any risk. It's not like a Heritage or Stacks auction where you're stuck with what you get. I'm not sure this coin is worth any more than I paid, but I was willing go down the road to find out.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
 United States
11881 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Replies: 19 / Views: 1,776 |