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Replies: 14 / Views: 1,309 |
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Bedrock of the Community
United States
14454 Posts |
seeing as I have never seen one of these coins I have to ask all of you fine folks what you think about the reverse of this coin. It looks like its damaged (scratches under the eagles tail)to me but its in a NGC holder. What do you think http://cgi.ebay.com/ws/eBayISAPI.dl...180358197730
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Member
United States
917 Posts |
Theres a pic of that very coin in the 2009 Red Book , that one looks scratched , yep.The whole leg/talon should be there,it isn't.
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Pillar of the Community
United States
8904 Posts |
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Rest in Peace
United States
5375 Posts |
Yeah, definite damage, I'm not sure why it's in an NGC slab.
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Bedrock of the Community
United States
10982 Posts |
Could be a fake slab or could be a real slab that this damaged coin was placed in. Here's another one of his listings: http://cgi.ebay.com/1799-10-Draped-...ed_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/180364071606 target= _blank rel= nofollow 180364071606 /a QQcmdZViewItemQQptZCoins_US_Individual?hash=item29fe8952b6&_trksid=p3911.c0.m14&_trkparms=72:2102%7C66:2%7C65:12%7C39:1%7C240:1318%7C301:1%7C293:1%7C294:50 Very nice AU details on this one!
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Pillar of the Community
United States
812 Posts |
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Member
United States
917 Posts |
I think Bilbos got it 
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Rest in Peace
United States
5375 Posts |
That's what I thought too, but I usually don't see them THAT bad.
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Bedrock of the Community
 United States
14454 Posts |
Quote: ANOTHER coin I don't have the money for... ahh come on, he is offering free shipping with it
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Pillar of the Community
United States
2224 Posts |
 with Bilbo! Adjustment marks was the first thing that I thought of. I had read before that many planchets that when weighed found to be slightly overweight they would file off a little of the metal instead of melting it. I've seen late 18th century/early 19th century coins with those marks before.
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Pillar of the Community
United States
6381 Posts |
There was a 1796 quarter graded NGC AU-50 sold by Heritage in 1997, for $11,787.50. That coin was from the Byron Reed collection and presumably it was so noted on the slab. Unfortunately Heritage doesn't show photos of auction lots from that long ago. They do provide the description, which reads as follows: 1796 AU 50 NGC. High 6. B-2, R.3. Reed. A high grade example of this scarce and always-in-demand early quarter. Softly struck on the highpoints, the dull gray surfaces show occasional accents of deep gray with a few diagonal streaks of grease (as struck) in the planchet on the obverse and heavy adjustment marks on the lower reverse. The only other surface defect of note is a planchet depression on the forehead of Liberty. A perfectly centered example of this one-year type. Ex: Byron Reed (Spink, 10/96), lot 23. (#5310)Hopefully the ebay coin is this exact, authentic specimen but the poor photos don't inspire much confidence. My first thought when looking at them was that this must be a counterfeit, and not a very convincing one at that. For $50K this seller needs to provide top-quality images.
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Bedrock of the Community
United States
17884 Posts |
It would be very interesting to fin a copy of the Byron Reed collection catalog and check the plates because I would about bet that is the Byron Reed coin. The adjustment marks comment fits as does the planchet depression on the forehead. The one thing missing are the grease streaks in the planchet but to me the coin loks like it has been lightly cleaned and wiped. The slab generation also fits with that time frame.
That could be a grease streak below the 9 and one through the 7, or that could be a trace of one from the forehead down behind the eye and across the cheek.
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Bedrock of the Community
 United States
14454 Posts |
thanks for the replies. As I said I am not good at these things and when I see gouges like that the first thing to cross my mind is damage. And add all that to the fact that I had never seen this type of coin before just made me more suspicious
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Pillar of the Community
United States
2335 Posts |
When I looked at the coin I immediately thought of adjustment marks. I've been getting the Stack's catalogs ever since I bought a coin from one of their auctions, many of the early coins listed in them have similar marks.
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Bedrock of the Community
United States
10982 Posts |
Quote: 1796 AU 50 NGC. High 6. B-2, R.3. Reed. A high grade example of this scarce and always-in-demand early quarter. Softly struck on the highpoints, the dull gray surfaces show occasional accents of deep gray with a few diagonal streaks of grease (as struck) in the planchet on the obverse and heavy adjustment marks on the lower reverse. The only other surface defect of note is a planchet depression on the forehead of Liberty. A perfectly centered example of this one-year type. Ex: Byron Reed (Spink, 10/96), lot 23. (#5310)
This coin is purportedly the Reed coin. I love these large diameter early quarters but have yet to own one. That won't be changing with this auction! A 27.5mm quarter! Bigger than a $10 gold eagle - that is awesome!
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Replies: 14 / Views: 1,309 |
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