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 Replies: 12 / Views: 1,256 |
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Rest in Peace
United States
4849 Posts |
Here is the last of my three purchases from the Long Beach show. As opposed to the other two(the Trade dollar and gold indian); I feel that NGC overgraded this one. However, the price was good enough to justify an overgraded coin in this case, and I will not be removing it from the slab. This was the last piece to my gold type collection! Care to guess the grade? These photos were taken in natural light.    , Edited by johnny54321
06/07/2009 12:23 am
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Moderator
 United States
23731 Posts |
Difficult little coin to grade, but I'll say VF-30.
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Valued Member
United States
230 Posts |
Ef-40 IMO since you did say it was overgraded and the E is faded in states it cant be AU-55
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Bedrock of the Community
United States
10982 Posts |
 with the VF30 grade. If NGC went higher than that, they were generous. |
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Rest in Peace
United States
5375 Posts |
I'm going to disagree with VF-30 based on what I've seen, these seem to come really softly struck.
Probably EF-40, but NGC probably graded it 45 or 50.
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Rest in Peace
 United States
4849 Posts |
Vf-30? Wow, OUCH!   I'll definitely be leaving this one in the slab. Shadowcreator is the closest here. Part of the reason is that my photos in natural light aren't showing much of the remaining luster on this tiny coin. There is not a lot of luster, but enough to get a decent cartwheel effect on the obverse which puts it in the XF range imo. I haven't seen cartwheels on many VF coins. All that to say, I think it is overgraded, and should have been a 40-45.  Edited by johnny54321
06/07/2009 11:22 am
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Rest in Peace
United States
5375 Posts |
I totally agree with you, Johnny. It has more wear than an AU-50 coin, but again, these come softly struck.
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Pillar of the Community
United States
8904 Posts |
I would definitely keep it in the slab!! It's still a VERY pretty coin!!  |
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Bedrock of the Community
United States
10982 Posts |
Wow! AU50?! Giving it a break for a soft stike, I still don't see how that went over EF40.
Like they say, "Buy the coin, not the slab".
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Rest in Peace
United States
4849 Posts |
Quote:
Wow! AU50?! Giving it a break for a soft stike, I still don't see how that went over EF40.
Like they say, "Buy the coin, not the slab". Well, I've done a fair amount of research of this coin type. Though I agree it is overgraded, it is not at all uncommon to find AU-50 type 2 gold dollars with this amount of remaining detail in NGC or PCGS slabs. In this case, I was willing to buy the slab as there are SO many counterfeits out there of type 2 gold dollars. As a matter of fact, this coin is neck and neck with the $3 gold princess for being the most counterfeited US gold coin. thanks for the comments. :-) |
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Pillar of the Community
United States
6383 Posts |
The reverse does look like a possible AU-50, with better-that-usual strike on the date and DOLLAR. Most Type II gold dollars are very weak on at least one letter or date digit. I agree the obverse should have pulled the grade down to EF-45 at best, but maybe the strong reverse carried the grade this time. Probably a good call to leave this one in the slab to avoid loss of resale value.
Still, nice pick-up! That's a tough hole to fill in the gold type set.
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Bedrock of the Community
United States
10982 Posts |
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Well, I've done a fair amount of research of this coin type. That's always important. If you're happy with it, that's all that matters. |
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Bedrock of the Community
United States
17884 Posts |
I didn't see it before you posted the grade but I had it down as an XF-45, and that was judging from the pictures. In hand it might look a little better, so AU-50 may not be out of the question.
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Replies: 12 / Views: 1,256 |
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Posted 06/07/2009 02:39 am
