Help On An 1878 8TF - Coin Community Forum

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Author	Replies: 6 / Views: 2,239
carmykle Pillar of the Community United States 2448 Posts	Posted 07/15/2010 9:53 pm I looked at one at a local coin shop; wanted to upgrade my EF40. I forgot my 20 v 40 loop and used his 5x. The were striation emanating outward from the center of the coin which had a stark white and reasonable luster. The striations were all over the obverse and not really on the reverse. They didn't appear to obscure any of Liberty's features. Were they flow lines or was the coin buffed? I didn't buy it because I didn't want to purchase a $175 training aid. Any comments? It really set me back because he's a reputable dealer. Report this Post to the Staff

aladinslamp Pillar of the Community United States 3076 Posts	Posted 07/15/2010 11:33 pm without, having the coin in hand the best I can do is to give you an example of both the striations and then polishing lines,, striations are a Planchet defect, lines similar to looking like straight sanding marks which are below the coins surface.. the polishing lines are attempts to fix a die and small grooves within the die now are "raised" above the coins surface...with these examples you should be able to tell what you were looking at...and if your wanting the coin, Polishing lines will not effect the coins grade, and sometimes can help in attribution of VAM. Striations though they are a defect, that could effect the EYE appeal I couldnt tell you whether it will effect the grade, perhaps some one else could chime in on that...G Report this Post to the Staff
carmykle Pillar of the Community United States 2448 Posts	Posted 07/17/2010 2:37 pm Now your coin actually looks good compared to the one I saw. This coin had a blinding white color with good luster but there were small nicks or striations all over it as if someone had used a wire wheel to polish the coin. I never thought that polishing any coin was good for numismatic value. anyone have a pic of one that has been cleaned with a wire brush or wheel? Report this Post to the Staff
aladinslamp Pillar of the Community United States 3076 Posts	Posted 07/17/2010 5:14 pm I don't have a pic like that one, I got one off ebay last year, I should have taken a picture....It looked like someone used a wire wheel..I would just forget that coin there's too many others that would be problem free.... Report this Post to the Staff
Dcreek1968 Valued Member United States 314 Posts	Posted 07/22/2010 7:25 pm You made the right choice if you decided not to buy it because you didn't like the "eye appeal". Can you imagine always going to your collection and looking at that coin and saying, "Gee, I wish it had better eye appeal." That would have been a $175 lesson. Is the pic that's posted the coin you were looking at or an example someone else posted of striations? The reverse pic shows nice die lines that you can encounter that I don't think really affect value all that much. Many VAMS are determined based on these. However, the striations on the obverse of this coin pictured would definitely affect the grade, in my opinion. That's the element of "eye appeal". Would/should definitely bring the grade down a couple? Be interested to know what others think. If the coin posted is not the coin you were looking at then what grade were they offering for $175? Just curious. I have a relatively nice MS60. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 07/22/2010 8:10 pm 175 is allot for a 1878 8Tf unless its atleast MS-63 and problem free in my opinion Report this Post to the Staff
aladinslamp Pillar of the Community United States 3076 Posts	Posted 07/22/2010 8:15 pm Exactly,, $175 for an EF40 coin is highway robbery... Report this Post to the Staff
	Replies: 6 / Views: 2,239

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