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1853 Gold Dollar Error Cracks

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Musty's Avatar
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 Posted 06/03/2023  09:29 am Show Profile   Bookmark this topic Add Musty to your friends list Get a Link to this Message Number of Subscribers
A large section is raised up and there are many lined radiating from the tips of the stars towards the edges. Is it worth grading such a thing? I tried to find images of similar issues on these coins, but didn't turn up much.
I didn't clean it BTW, so there's some crud on there.

1853-Gold-Dollar-Error-Cracks
1853-Gold-Dollar-Error-Cracks
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kanga's Avatar
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 Posted 06/03/2023  10:08 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
TPGs grade coins based on wear.
Variety attributions are included if you pay extra for them.
BUT
Die cracks (which are present on your coin) are not attributes.
Therefore TPGs won't note them on the slab.

Die cracks (particularly those on your coin) are often obvious features which are of interest to a few collectors.
Those collectors will see them.
But they will probably not increase the value of your coin.

IMO only submit your coin to a TPG if you want it graded.
Edited by kanga
06/03/2023 10:09 am
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John1's Avatar
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 Posted 06/03/2023  10:29 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Musty,

John1
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Coinfrog's Avatar
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 Posted 06/03/2023  11:09 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply


to the CCF!
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kbbpll's Avatar
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 Posted 06/03/2023  1:44 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
To expand on what @Kanga said, die cracks could be used to attribute a specific die pair from an author's research, and thus have a "variety" designation, but I don't know if such extensive work has been done on these or if a TPG would designate it. Yours is actually RCD-100c-1853-01 showing the "pre-cud" pictured here http://cuds-on-coins.com/1-gold-u-s-retained-cud/

The purpose for having it graded would be to assure authenticity to a buyer. There isn't much grade premium going from say XF to low MS grades. It's the most plentiful gold dollar of the era. https://www.ngccoin.com/coin-explor...1-ms/?des=ms
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Musty's Avatar
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 Posted 06/03/2023  3:51 pm  Show Profile   Bookmark this reply Add Musty to your friends list Get a Link to this Reply
Thanks for the replies. It's really cool to see other coins with the same issue.
I guess it's more of a visual imperfection that's not unique seeing as other coins would have been minted with the same faulty equipment. Just had to see if it was special.
Probably won't bother grading. Doesn't seem like it would fetch a good grade anyway.
Thanks again!
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ArrowsAndRays's Avatar
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 Posted 06/03/2023  4:26 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
"Doesn't seem like it would fetch a good grade anyway."

No, but it would authenticate and protect the coin.
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