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1847 Liberty Seated Dollar - Verdict In/Pics.

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Author Previous TopicReplies: 15 / Views: 1,368Next Topic  
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Indian1's Avatar
United States
3640 Posts
 Posted 05/13/2009  01:07 am Show Profile   Bookmark this topic Add Indian1 to your friends list Get a Link to this Message Number of Subscribers
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.jpg

http://img.villagephotos.com/p/2008.../1847rev.jpg
Edited by Indian1
06/12/2009 6:21 pm
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BH1964's Avatar
United States
10982 Posts
 Posted 05/13/2009  01:18 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
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.
ANA #R3154474
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fmtaxguy's Avatar
United States
257 Posts
 Posted 05/13/2009  06:21 am  Show Profile   Bookmark this reply Add fmtaxguy to your friends list Get a Link to this Reply
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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Indian1's Avatar
United States
3640 Posts
 Posted 05/14/2009  08:52 am  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
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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echizento's Avatar
United States
23731 Posts
 Posted 05/14/2009  8:09 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Nice looking coin, the detail on this coins looks to be AU-53.
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Moe145's Avatar
United States
8904 Posts
 Posted 05/20/2009  09:20 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
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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Indian1's Avatar
United States
3640 Posts
 Posted 05/20/2009  10:44 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
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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Indian1's Avatar
United States
3640 Posts
 Posted 06/09/2009  11:43 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
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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KenKat's Avatar
United States
4085 Posts
 Posted 06/10/2009  08:50 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
So your gonna make us wait now?

I can wait...
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Jaobler's Avatar
United States
6394 Posts
 Posted 06/10/2009  11:48 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
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.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 06/10/2009  8:06 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
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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BH1964's Avatar
United States
10982 Posts
 Posted 06/11/2009  10:44 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
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.....
ANA #R3154474
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Indian1's Avatar
United States
3640 Posts
 Posted 06/12/2009  6:25 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
Very good job you guys did on this one.
I was hoping for a 53 but ? In hand it looked so.
The rev. closer to a 55. I think anacs did a great job.
Did not seem to net grade it also and went with the worse side.
So I would say dead on and not liberal. My opinion anyway.
Thanks all again.

http://img.villagephotos.com/p/2008...06/47obv.jpg

http://img.villagephotos.com/p/2008...06/47rev.jpg

Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 06/12/2009  10:16 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
From the pictures it looks really...dipped?
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Indian1's Avatar
United States
3640 Posts
 Posted 06/13/2009  12:39 am  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
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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KenKat's Avatar
United States
4085 Posts
 Posted 06/13/2009  08:38 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
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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