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1859-O Seated Liberty Dollar

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busthalf's Avatar
United States
1304 Posts
 Posted 03/28/2011  03:29 am Show Profile   Bookmark this topic Add busthalf to your friends list Get a Link to this Message Number of Subscribers
NGC grades this as F-12. I have a problem with the grade. Seated Liberty dollars are graded with different standards than other Seated coins. Does anyone have a comment on this?

1859-O-Seated-Liberty-Dollar

1859-O-Seated-Liberty-Dollar

Liberty does not have to be full for a fine grade. YES NO
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biggfredd's Avatar
United States
9104 Posts
 Posted 03/28/2011  04:25 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I prolly would say vg, because of the field nick.
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Moe145's Avatar
United States
8904 Posts
 Posted 03/28/2011  07:54 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
I think it's due to the partially obscured/worn LIBERTY. The rest of the coin looks nice.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 03/28/2011  08:36 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Yes. Seated coins can be as high as VF-XF and be missing parts of LIBERTY due to strike, etc. Seated Liberty dollars seem to have a more 'pronounced' shield that wears off easier, which explains the grade. Personally, I would call it VG-10 though.
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Jaobler's Avatar
United States
6394 Posts
 Posted 03/28/2011  11:33 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I agree this coin falls short of the F-12 level. Seated dollars are scarce in general but with some searching you should be able to find other examples in F-12 slabs with stronger detail and better appeal. The 1859-O is one of the more common dates so I'd be looking for a better example.
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johnny54321's Avatar
United States
4849 Posts
 Posted 03/28/2011  11:51 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I agree this has the "look" of a VG coin. However, New Orlean dollars are notorious for weak strikes; so my assumption is that NGC took this into account and graded on wear instead of remaining detail.
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cperry8483's Avatar
United States
266 Posts
 Posted 03/28/2011  1:35 pm  Show Profile   Bookmark this reply Add cperry8483 to your friends list Get a Link to this Reply
I agree with most people here that the level of wear is more in line with a VG coin. However, the strike weakness that johnny mentioned might have something to do with the liberal grading NGC chose. Who knows that they're thinking over there anyway.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 03/28/2011  11:52 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
The ANA Grading Standards for United States coins for Liberty Seated dollars 1840-1873 states F-12 OBVERSE: Some details show in the bottom folds of gown, hair, and cap and at shoulder and breast. Shield lines are weak at center. Some letters in LIBERTY are clear. Foot and sandal are separated. REVERSE: Some details in feathers are visible. Most of shield border is visible on right side. Talons are flat but separated. Letters in legend are worn but clear. Horizontal lines in shield are heavily worn. For 1866 - 1873 pieces, IN and ST of motto are weak. This is the standard that the grading services use so does the coin match this description?


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vermontensium's Avatar
United States
16679 Posts
 Posted 03/29/2011  12:13 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I also agree it falls short of F12. VG10 is more like it. I obviously don't have the coin in hand but judging solely by the pics, I would also say and old cleaning.
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fenton's Avatar
United States
4989 Posts
 Posted 03/29/2011  01:10 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Surfaces look a bit unusual I would say VG-10 details cleaned
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