1870 S Seated Liberty Dime

I agree with weak strike

XF-45 is my guess. maybe some corrosion? Great pick up!

Wow, very nice key date coin! I agree with EF and weak strike

I looked up your completed listing on ebay and saw the seller had described it as a raw, VF coin with problems.

I know, I cheated.

The coin has close to AU50 details. That said, the coin does have problems beyond the weak strike with the porosity (pinholes) on the obverse being the most prominent. So, a VF net grade is appropriate.

The price you paid is a bit on the high side. I would not have paid $600 for this piece and would value it around $400. You will need to decide if the issues this coin has warrant a return.

I'm going for EF-45 with environmental damage. Nice coin though.

bherring1964,

Not a problem with you checking out the auction on ebay; however, I think when a person does that, they are cheating themselves in that they are often influenced by the sellers info rather than honing their grading skills here in the forum, and I believe that is what this forum is about.
Now, with that said, I will move along to your next point - I don't believe there is such a thing as net grade anymore, is there? I believe I read somewhere right here on Coin Community Forum that the major TPGs will no longer assign a net grade to a coin. If I remember correctly, the TPG will assign a grade, and make a notation on the insert as to what problems are associated with the coin.
As to the price, I would have loved to get this coin for $400. but it seems that, invariably, there is always a sniper lurking in the bushes who tries to steal the coin in the last few seconds. But, then, I guess thats just part of the ebay experience. Anyway, snipers aside, the cost was actually less than $600. with free shipping.
Return it? I can't think of a reason in the world why I would. This is the first 1870 S I've seen on ebay since I started putting my circulated set of Seated Liberty dimes together last year. It's just one of those coins you don't see all that often, and, frankly, I'm happy to have it.
I would point out that I collect coins because I truly enjoy collecting coins. I don't concern myself with resale value because I have no intention of selling my collection. This is my accomplishment, and it will be passed on in time, and, hopefully, be enjoyed by the next generation.

Ralph

I agree with AU50, weak strike especially reverse, possible corrosion albeit light.
BTW, I personally never believed in "net" grading. Unless horribly corroded, the coin has a grade, and a problem associated with it.

Prethen, I can't comment on the luster, yet. Just bought it last night, and got a message this morning informing me that it had been mailed. Should get it sometime early next week - I'll get back to you then.

Ralph