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 Replies: 29 / Views: 2,927 |
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Pillar of the Community
Russian Federation
1557 Posts |
My congratulations. Thanks to you, I learned a little more about flying eagle coins.
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Pillar of the Community
 United States
5887 Posts |
I'm glad to hear it Slerk! Really an amazing series to collect, lots of history within it and so many excellent varieties.
-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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Pillar of the Community
United States
2003 Posts |
I think this is severely undergraded. The reverse is a bit lacking which I could see bringing it down to F-15 as a net grade. The obverse is certainly better than VG. I was on the fence between F-15 and VF-20 for the obverse. The wing detail, head detail and the breast detail match PCGS photograde for VF-20. The factor I noticed that could down grade the obverse was the lack of detail in the tail feathers. Nice to have a scarce variety formally attributed but I think they messed up on the grade in my opinion.
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Pillar of the Community
United States
5887 Posts |
I was surprised with the grade myself. I was thinking F-15 was a solid grade for this piece but I guess they decided otherwise. The reverse of 1858/7's is always very weakly struck on the right side, even on UNC coins and that seems to throw PCGS off a bit I think.
-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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Pillar of the Community
United States
2003 Posts |
Here is an ebay auction for a NGC graded VF Details example. The reverse details may be slightly better but the obverse of the OP's coin looks the same if not better than the NGC coin.  https://www.ebay.com/itm/144662721736 |
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Pillar of the Community
United States
5887 Posts |
I agree the obverse looks VF. I thought initially I would get F-15 and I compared my coin to many examples thinking I was right. I am confident in my ability to grade FEC's and I believe it is under-graded as well.
-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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Valued Member
United States
202 Posts |
Just personal observation, but I have noticed that when you send a coin in to PCGS as raw with variety attribution they tend a lot of the time to be harder on it than if you just send in without the request for variety.
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Bedrock of the Community
United States
94367 Posts |
I strongly disagree with this this grade. for what little it's worth. Fk'ing VG-10?!
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Pillar of the Community
United States
5887 Posts |
Quote:
when you send a coin in to PCGS as raw with variety attribution they tend a lot of the time to be harder on it than if you just send in without the request for variety Funny enough, they didn't label this properly with the variety the first time. I had my form labeled correctly and I asked for the variety label, but It was slabbed up a regular 1858 large letters anyways. At this point PCGS still had the coin, so I sent them side-by-side images of a PCGS certified 8/7 example and my example and they admitted it was an error that they didn't include the variety. They fixed it within a few hours and the new slab was correct, as you saw with the slab image above. So it was a VG10 to them variety or not. I think unfortunately it's just undergraded. I may go through the process someday to have the grade re-considered but for now I'm content. Hopefully I'll be able to upgrade it sometime anyways since my goal for my set was most coins to be in VF-XF. -CH27 Collector of U.S. Coins, Varieties, and Colonial Coinage
Edited by CoinHunter27
08/10/2022 9:50 pm
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Pillar of the Community
Russian Federation
1557 Posts |
I looked at the PCGS price table and I must say that the difference in the value of coins between VG-10 and F-12/15 is minimal. I think you should not waste money and time on revaluation of the coin.
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Pillar of the Community
United States
2003 Posts |
On the plus side the stated grade should make it an easy re-sale down the line. Any saavy collector would take one look at that and consider it a bargain for the under grade given.
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Bedrock of the Community
United States
36826 Posts |
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Pillar of the Community
 United States
5191 Posts |
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Pillar of the Community
United States
5887 Posts |
Thanks all! I probably won't resubmit this one just because having the variety correctly attributed was my main desire for this piece. As long as I have the variety in my collection, that's what matters to me. I can upgrade it in the future, which is what's likely to happen if I don't cherry-pick another in higher grade.
As a solid piece of my FEC collection, it'll likely remain in my collection even if I get an upgrade for my registry. It's an attractive example of a really nice overdate and I'll always be happy to have multiple of a rare variety in the collection.
-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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Replies: 29 / Views: 2,927 |
First Page
Posted 08/10/2022 12:18 pm
