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1801 Draped Bust Dollar

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BH1964's Avatar
United States
10982 Posts
 Posted 02/11/2024  11:18 pm Show Profile   Check BH1964's eBay Listings Bookmark this topic Add BH1964 to your friends list Get a Link to this Message Number of Subscribers
Recent pick-up from my nephew who is a coin dealer. This is a low mintage date with only 2,000 estimated survivors. In a PCGS holder. What would you have graded it?

1801-Draped-Bust-Dollar 1801-Draped-Bust-Dollar
1801-Draped-Bust-Dollar
ANA #R3154474
Edited by BH1964
02/11/2024 11:21 pm
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numismatic student's Avatar
United States
11898 Posts
 Posted 02/11/2024  11:59 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
VG details cleaned. This coin may have had some material on its surfaces which was removed in 3 obverse locations, (1) the face and hair above the jawline, (2) the neck and (3) the lower half of the bust of Liberty. On the reverse, (1) both wings of the eagle and the ribbon with motto over the wings, and (2) the lower tail feathers of the eagle show the same discoloration and lack of detail. These affected areas are white, unlike the more naturally toned rest of the coin. If it was just discoloration that would be better, but the wings, tail feathers show no detail in the affected whiter areas. The detail in the top of the left wing is in contrast to the lack of detail elsewhere in the wings and the change is sudden across sharply defined lines.
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."
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/12/2024  09:05 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll say VG-08 straight.
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Reivers_Jewels's Avatar
United States
57 Posts
 Posted 02/12/2024  10:46 am  Show Profile   Bookmark this reply Add Reivers_Jewels to your friends list Get a Link to this Reply
I would also grade it VG-08. I agree that this coin was lightly cleaned long ago (which is true of 99% of all bust coinage), but I disagree about its severity --- in my opinion it deserves a straight grade based on that factor. However, the wear is uneven, and my guess is that the coin is very slightly bent. Without seeing it in person, it's impossible to tell if that is bad enough to warrant a details designation. Overall, my guess would still be a straight grade.
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paralyse's Avatar
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 Posted 02/12/2024  12:13 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Just makes VG. I'm not knowledgeable enough about these coins to determine anything else, so I'll defer to NS's judgment there.
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panzaldi's Avatar
United States
18685 Posts
 Posted 02/12/2024  1:08 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
first thanks for posting in hand and TV photos. I actually think the in-hand photos show the coin better here. I'm seeing more sharpness in those than the TV shots

nice detail NS. I had it at VG8/10 details

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IndianGoldEagle's Avatar
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36828 Posts
 Posted 02/12/2024  3:07 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VG-8 details, cleaned.
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GMS5's Avatar
Canada
1529 Posts
 Posted 02/12/2024  4:03 pm  Show Profile   Bookmark this reply Add GMS5 to your friends list Get a Link to this Reply
VG-8 Strait
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Errers and Varietys's Avatar
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 Posted 02/12/2024  9:29 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'll say VG.
Errers and Varietys.
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BH1964's Avatar
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10982 Posts
 Posted 02/13/2024  04:16 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Thanks for all the guesses and comments. These were the seller's pics and of course the PCGS TrueView. I'll post my pics with the reveal tomorrow.
ANA #R3154474
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Slider23's Avatar
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4469 Posts
 Posted 02/13/2024  06:01 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I am at VG10.
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psuman08's Avatar
United States
1776 Posts
 Posted 02/13/2024  11:14 am  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
I see the obverse as F, reverse is VG, so VG-10 seems right. ns may be right about cleaned as well, though these seem to get a pass.
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BH1964's Avatar
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10982 Posts
 Posted 02/13/2024  2:52 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
PCGS graded it as a straight VG10. It got a pass on the cleaning. There are no hairlines or other signs of abrasive cleaning so the straight grade is not a surprise. 10 vs 8 is a bit generous. I would have gone VG8 but I'll take the 10. The eye appeal in hand is okay.

Thanks for the comments! I got it for $1650 delivered which is a good price to me. I apologize for the sub-par pics. I don't have a good camera set-up.
1801-Draped-Bust-Dollar
1801-Draped-Bust-Dollar 1801-Draped-Bust-Dollar
ANA #R3154474
Edited by BH1964
02/14/2024 04:51 am
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Coinfrog's Avatar
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 Posted 02/13/2024  3:30 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Well done, congrats!
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 Posted 02/13/2024  8:32 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
nice buy
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fenton's Avatar
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4989 Posts
 Posted 02/14/2024  6:10 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Exciting to think that this circulated for a long time in the early 1800s. Very nice example.
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