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Ungraded 1914 Gold Hoard $5 And $10 - Thoughts?

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PokeyCC's Avatar
Canada
33 Posts
 Posted 10/30/2022  08:30 am  Show Profile   Bookmark this reply Add PokeyCC to your friends list Get a Link to this Reply
I should also explain that I used harsh lighting, and post processing on the images to show them in the worst possible way because I wanted every bag mark and scratch to show. In flat light, and without the macro lens, these two coins are much more "buttery smooth".


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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/30/2022  09:14 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I also have a 1914 Canadian gold Ten Dollars in the same condition.
MS-62.

Good pix, easy to grade from.
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Levaril's Avatar
Canada
289 Posts
 Posted 10/30/2022  8:39 pm  Show Profile   Bookmark this reply Add Levaril to your friends list Get a Link to this Reply
In the interest of helping everyone understand just how soft these gold coins are and what can make a certain grade, here are pictures of one of my $10 coins. See if you can guess the grade. No cheating! Some of you know who I am. No looking in the registry. Lol.

Ungraded-1914-Gold-Hoard-$5-And-$10---Thoughts?
Ungraded-1914-Gold-Hoard-$5-And-$10---Thoughts?

Good luck. :)
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Levaril's Avatar
Canada
289 Posts
 Posted 10/30/2022  8:40 pm  Show Profile   Bookmark this reply Add Levaril to your friends list Get a Link to this Reply
Oh and strike is solid on this coin and lustre is good.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/30/2022  8:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You are interrupting a thread here with good intentions, I know. I think it best you tell us the grade of this coin right off rather than invite guesses, which will only confuse replies to the original thread.
Pillar of the Community
Canada
1505 Posts
 Posted 10/30/2022  9:08 pm  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
64+
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Levaril's Avatar
Canada
289 Posts
 Posted 10/30/2022  9:37 pm  Show Profile   Bookmark this reply Add Levaril to your friends list Get a Link to this Reply
Sigh. Yes it is 64+. Yes it is nicer than the OP's coin, but it can still be pretty beat up even in 65. On mine the fields of the obverse are pretty heavily scored, but the devices are in much better shape, and as I said the strike is strong. My point being that a bunch of hits on the obverse isn't necessarily enough to drop the grade down to something like 62. I still think he would get a 63 on it and it is totally not worth sending that $10 in for grading as they are so common. The $5 is imho well worth sending in as it will likely increase it's value, or at least the ease of selling it some day.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 10/30/2022  10:54 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
These coins never circulated, so always expect a high grade as being most common.
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Canada
5591 Posts
 Posted 10/31/2022  07:33 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
I thought that the news, when they were released (or just before) was that they were 62-63 and a few 64's. All the 64 and higher were pulled for sale elsewhere by two main Canadian dealers. Here's and old story:
https://www.coinworld.com/news/worl...n-hoard.html
Edited by okiecoiner
10/31/2022 07:45 am
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 10/31/2022  08:26 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Okie, thanks for posting the link to that story.
I can't believe I missed that article.
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Canada
5591 Posts
 Posted 10/31/2022  12:06 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Just remember that the linked story is from 2015, not yesterday. The last few sentences refer to the 1915 $10 coins
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Everest's Avatar
Taiwan
606 Posts
 Posted 11/01/2022  9:29 pm  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
When the hoard coins were released and graded by PCGS my first impression was that PCGS was a bit charitable on the grades compared to the coins they graded prior to the release. I am curious if others have any thoughts on this ?
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Canada
1505 Posts
 Posted 11/02/2022  01:19 am  Show Profile   Bookmark this reply Add purelywasted to your friends list Get a Link to this Reply
I would agree that grading is soft on these, would be nice to see Levaril's coin in hand, the rim ding makes it a surprise at a 64+, but given how other coins are graded, this is about right.

I remember a discussion around the release of these, that some people felt they are more forgiving on grading gold because it is a softer material. Personally, I would prefer a uniform standard regardless of material, if all gold coins are graded lower, I'm ok with that.
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wallyb's Avatar
Canada
557 Posts
 Posted 11/02/2022  6:44 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
"if all gold coins are graded lower, I'm ok with that." I don't know about 'all' coins, but many gold are given a slight pass on grading because of the softness of the mineral. No question they ding up far more easily than silver counterparts.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/03/2022  06:04 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I tend to agree with the innuendo that Everest has expressed. about soft grading of the hoard coins.
Perhaps I am a bit cynical, but I can see that a commercial opportunity arose, an thus to sell the hoard at a slightly higher average price.
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