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Replies: 21 / Views: 3,166 |
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Pillar of the Community
United States
1348 Posts |
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Bedrock of the Community
United States
10982 Posts |
I think the reverse holds this piece back a bit. The obverse looks VF30 but the coin probably graded VF25 because of the reverse. VF20 would be a conservative grade here since the the obverse normally carries more weight.
She's a very attractive coin. One more note, it could have been silently net-graded to VF20 if deemed to be cleaned and retoned.
VF25 seems like a fair grade.
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Pillar of the Community
 United States
1348 Posts |
Well I was a bit dissapointed becasue my friend kept saying how great the coin was (when I was a wee collector) I still am not the best at grading but he had my hopes up. I will post the grade after a couple more people weigh in. Thanks
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Valued Member
United States
361 Posts |
I agree with the earlier post. I would go with VF25. The obverse looks like it has nice, even wear. The reverse has some more wear and it appears a bit uneven. Perhaps more the strike than wear. However, since you say you were dissapointed I am going to guess they gave it a F15. It is an awesome coin. I will be very interested to see what they graded it, Bob
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Moderator
 United States
23731 Posts |
I really like this series, but haven't been able to add one to my collect yet. From what I can see I would grade this coin at VF-25.
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Moderator
 United States
16679 Posts |
yeah, PCGS F15 is what they gave it. You were hoping for VF25
swcoin.ecrater.com
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Pillar of the Community
United States
592 Posts |
Wow, the coin is a beauty regardless of the grade!
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Pillar of the Community
 United States
1348 Posts |
Agreed! my friend who pumped me up about it said it would grade XF so that is why my hopes were up. I didn't know much about grading at the time so I was disappointed. I know now it was/is a good grade for the coin. Thanks for weighing in. I also love this coin no matter what the grade. It was my first real purchase where I told myself I will never sell it.
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Pillar of the Community
 United States
1348 Posts |
What do you think its worth?
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Moderator
 United States
15521 Posts |
Great coin indeed! According to the PCGS database .... no value assigned with Population of 1 ... a good sign this is a worthy of many $$$ coin.  What did you pay for it? David Edited for spllenging
Edited by nickelsearcher 02/01/2011 8:03 pm
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Pillar of the Community
 United States
1348 Posts |
So your saying this is the only kind of 1799 that PCGS has ever graded? I bought it for $900 6 months ago in a large collection.
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Bedrock of the Community
United States
10982 Posts |
Quote: I bought it for $900 6 months ago in a large collection.
You got a steal. That coin's worth $2500 to $3000! VF30 is a very fair grade. Your friend mislead you saying the piece was EF because it's not close to a 40. 30 is as high as that coin should ever grade.
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Rest in Peace
United States
4849 Posts |
Very nice surfaces and I like it as a 30! You got a great deal on that one!
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Moderator
 United States
15521 Posts |
Quote: So your saying this is the only kind of 1799 that PCGS has ever graded That is not what I was saying ... and so in the spirit of helping I did some deep-dive research into the PGCS database for you .... Your 1799 'variety' Dollar #40062 has a total of four (4) coins ever graded by PCGS .... 1 at VF-20 .. 1 at VF-30 (your coin) ... one at VF-35 and one at AU-53. Sooo ... your VF-30 coin is indeed population of 1 with 2 finer (Pop 1/2). And ... there are no PCGS 'suggested' prices for this 1799 variety .... which leads me to believe that it could command a premium at auction with knowledgeable buyers. FWIW ... there are 22 total 1799 'normal' 15-star Irregular Date dollars in the PCGS database .... and the PCGS price guide for a 'normal' 1799 VF-30 is $3000.  I suspect your rarer variety could be worth a bit more than that! Great coin indeed. David
Edited by nickelsearcher 02/01/2011 8:56 pm
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Pillar of the Community
United States
2589 Posts |
looks like you tripled up, nothing to be disappointed in at all. An excellent coin bought at an even more excellent price! Nice buy! -XoG
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Pillar of the Community
 United States
1348 Posts |
Thanks for all the great info!
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Replies: 21 / Views: 3,166 |