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Is This Damage

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Author Previous TopicReplies: 14 / Views: 1,309Next Topic  
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 06/10/2009  9:30 pm Show Profile   Bookmark this topic Add Bryan1315 to your friends list Get a Link to this Message Number of Subscribers
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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wetglaswegian's Avatar
United States
917 Posts
 Posted 06/10/2009  9:36 pm  Show Profile   Bookmark this reply Add wetglaswegian to your friends list Get a Link to this Reply
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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Moe145's Avatar
United States
8904 Posts
 Posted 06/10/2009  9:43 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
ANOTHER coin I don't have the money for...
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 06/10/2009  10:01 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yeah, definite damage, I'm not sure why it's in an NGC slab.
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BH1964's Avatar
United States
10982 Posts
 Posted 06/10/2009  10:19 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
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!
ANA #R3154474
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Bilbo's Avatar
United States
812 Posts
 Posted 06/10/2009  11:30 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
I think these might be adjustment marks.

http://coins.about.com/od/coingradi...ent_mark.htm

If so, they would not count as "damage."
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wetglaswegian's Avatar
United States
917 Posts
 Posted 06/10/2009  11:37 pm  Show Profile   Bookmark this reply Add wetglaswegian to your friends list Get a Link to this Reply
I think Bilbos got it
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coinguybrian's Avatar
United States
5375 Posts
 Posted 06/11/2009  12:44 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
That's what I thought too, but I usually don't see them THAT bad.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/11/2009  04:52 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
ANOTHER coin I don't have the money for...

ahh come on, he is offering free shipping with it
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 06/11/2009  10:21 am  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
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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Jaobler's Avatar
United States
6381 Posts
 Posted 06/11/2009  12:15 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
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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Conder101's Avatar
United States
17884 Posts
 Posted 06/11/2009  12:56 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
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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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/11/2009  1:43 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
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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trdhrdr007's Avatar
United States
2335 Posts
 Posted 06/11/2009  3:05 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
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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BH1964's Avatar
United States
10982 Posts
 Posted 06/11/2009  3:15 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

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!
ANA #R3154474
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