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Replies: 15 / Views: 1,368 |
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Pillar of the Community
United States
3640 Posts |
Hello all This is only my second attempt at grading one of these type dollars. This coin was given to me by my stepfather who in turn received it a few years ago when his brother passed away. I am to sell the coin shortly for him. The coin is in a new flip (recently flipped by myself) The pics. are 600 dpi scans with only a slight brightness adjustment. Coin in hand is slightly lighter in shade. The coin sat in the original flip for as many years as there has been these type coin flips. When I looked at it I noticed the film on the flip was seperated. Some slight toning occured during this time as noted by the darker areas near the rim. I had a few people look at it to verify it is authentic and not a forgery etc. Strike, weight, size etc. all in line. We all agreed on AU and I decided on AU-55 I wanted to get some others expert opinion as best as possible considering it is only a scan etc. Some evidence of a slight cleaning approx. 45 to 50 yrs. ago (or sometime before the coin was originally flipped) is visible. Any input will help me decide whether to send it along to a TPG or sell it Raw. Thanks for looking and any help. http://img.villagephotos.com/p/2008.../1847obv.jpghttp://img.villagephotos.com/p/2008.../1847rev.jpgEdited by Indian1 06/12/2009 6:21 pm
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Bedrock of the Community
United States
10982 Posts |
Although I'm not an expert, I would grade this a bit lower than 55. AU50 seems a lock and with the great strike and reverse details, AU53 is certainly possible. The obverse looks a touch too worn for a 55.
This is a very nice coin that should bring good money. The old cleaning shouldn't hurt the value much; I would price it at $800.
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Valued Member
United States
257 Posts |
It's a bit difficult to get a true sense of the wear from a scan, but I honestly don't see the wear at all, and would grade it at least AU55, perhaps 58. The hair, the cap, the sandal separation and the shield are truer indicators on the obverse than the more shadowy knees and breasts as shown by the scanning. Also, given the very strong strike of the reverse, and even less appearance of possible wear, I further believe that appearance of light wear on the obverse is more a function of the scan than of actual wear. From HA pricing, I would say $1000-$1100 would be a fair price, if one goes with the more conservative AU55, and no issue is made of the very light cleaning. Lovely seated!
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Pillar of the Community
 United States
3640 Posts |
Thanks all for your input. I am going to send it out today to Anacs for a slab. Will post the outcome.
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Moderator
 United States
23731 Posts |
Nice looking coin, the detail on this coins looks to be AU-53.
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Pillar of the Community
United States
8904 Posts |
 AU-53 looks like a good grade to me. Nice die cracks on the ONE on the reverse, also! NICE Coin!  
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Pillar of the Community
 United States
3640 Posts |
Actually the die crack runs all the way through U.S.A. Hits every letter. Coin should be back in a week and a half from the TPG. I'll take an AU53 Will show the verdict when in. Or maybe a guessing game :)
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Pillar of the Community
 United States
3640 Posts |
Coin was shipped today. I saw the grade. Should be in hand by Thursday this week. Any guesses ? Will post some pics. when it's in. (Anacs)
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Pillar of the Community
United States
4085 Posts |
So your gonna make us wait now?  I can wait... 
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Pillar of the Community
United States
6394 Posts |
I don't think this is an AU coin. Your excellent photos show obvious light wear over Ms. Liberty's portrait, the obverse stars, and the rims. The fields seem uniformly dulled from friction and most of the luster has been lost. The technical description for AU-50 states that 50% of the luster is expected to remain and this coin doesn't appear to meet that requirement. The reverse is a bit stronger with less overall wear but I think the grade should top out at EF-45.
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Rest in Peace
United States
5375 Posts |
They tend to be pretty lenient with these. I personally thought it was borderline AU-50 (but not quite there), but I think the ANACS gave it AU-50 or 53
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Bedrock of the Community
United States
10982 Posts |
I agree with Jaobler that EF45 would be a fair "technical" grade. That said I also agree with Shadow that TPG tend to be lenient with these and many other 19th century U.S. coins. I wouldn't be surprised if ANACS gave it a 53. I'll stick with my initial grade of AU50 but I'm still learning too.....
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Pillar of the Community
 United States
3640 Posts |
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Rest in Peace
United States
5375 Posts |
From the pictures it looks really...dipped?
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Pillar of the Community
 United States
3640 Posts |
It had been in a coin flip for over 40 yrs. Maybe someone used some boraxo on it before flipping it. Anacs states on the slab if a coin has been cleaned. I think a lot of us get so used to seeing modern cleaned coins and have not really seen many older coins as they might have looked with not a ton of wear. My pics. stink anyway. Oh well, done deal. Can't make everyone happy !! Thanks to all who helped in the grading.
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Pillar of the Community
United States
4085 Posts |
Congrats - it's a beautiful coin. These are counterfeited so much it's nice to see a real one - and an AU at that. Would love to see it in hand.
Best regards, Ken
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Replies: 15 / Views: 1,368 |
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