Columbian Commemorative I'm Thinking About Buying

To be 107 years old it just looks too new to me. I know that specimens like this exist but have never seen one in hand. I can't think of any reason to counterfeit this coin unless you can get it grade MS65 or higher. ($600 Red Book) I really don't know what to tell ya because I have some circulated ones so the details are not good enough to really judge for sure.

With a low end coin like this I think you are pretty safe. Counterfeiters go for higher end coins. Seller has 100% feedback and it ships from the US. So I think are are all clear.

They accept returns also so if you win and take it to your dealer then ask and if something is just not right about it send it back.

My opinion only ..... take all this with a grain of salt as I'm still learning and by no means an expert ....

This appears to me to be a possibly cleaned (dipped) coin in the technical grade of MS64 ...... maybe MS65. Logic as follows ....

Original Surfaces:

The seller has given some nice photos ..... and I would explore in hand the possibly that it has been dipped to remove toning.

If I had this in hand ..... I would explore the area on the obverse 9pm rim around the * that separates the words 'Columbian' and 'United'. Something 'different' going on there .... and heavy dippings tend to leave a minuscule mottled surface as a result of the chemical removal of surface layer.

Same comment on the reverse at the same location ..... in hand the mottled look of this area should be explored for signs of chemical removal (dipping).

Authenticity:

Get over that worry .... there were 1,550,405 of these distributed ..... on top of 950,000 1892 dated coins. Nobody in their right mind will counterfeit this coin at the prices it will sell for.

Grade:

I say this is MS64. Positives are the clean fields. Drawbacks are the significant bag hits on Columbus lower bust clothing and what might be a rim hit on the obverse at 12:00 above the letter "S". I could easily make a case for this being MS65 as well ...... all in all it is very well preserved.

Price:

Assuming this coin is not cleaned and could be slabbed by a TPG .....

Greysheet MS63 is 60/65
Greysheet MS64 is 110/120
Greysheet MS65 is 355/375

Thats all I have to offer as this opinion.

Let us know how it turns out for you.

David

Technically, yes.

I will move it to the commemorative area for you.