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 Replies: 16 / Views: 1,990 |
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Pillar of the Community
United States
1372 Posts |
I pondered this for a week before finally deciding to take a chance on it. There's no reverse picture ... so it's a gamble, but I think it's way undergraded. A roll of the dice...  I've never been in a casino ... wife says "it's probably a blessing".  Chance  Edited by Chancellor Sutler
09/17/2011 11:26 am
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Pillar of the Community
United States
1064 Posts |
Can't really give you a good answer from this pic, might be close
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Pillar of the Community
 United States
1372 Posts |
Yes, the picture is terrible, but if it wasn't ... at the price on the holder, I wouldn't have been able to ponder it for a week.
For me ... the full denticles, hair detail, and clear seperation of the hand from the pole (I meant the arm) are clues. There are more than a few star centers left as well. Liberty on the ribbon is still quite bold. As these approach VF, that weakens dramatically
Chance
Edited by Chancellor Sutler
09/17/2011 11:37 am
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Pillar of the Community
United States
5854 Posts |
Based only on the obverse an EF is possible but the pictures are a bit too blurry and there is no pic of the reverse to make any accurate assessment. Post some pics of it when you get it.
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Pillar of the Community
United States
1372 Posts |
Win, lose or draw ... I'll take some pics and post them to this thread when it arrives.
Chance
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Pillar of the Community
United States
2936 Posts |
I very well could be wrong due to the blurry photo, but there may be some evidence of cleaning going on. Look in the 3 o'clock area and see if you see what appears to be vertical cleaning lines.
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Pillar of the Community
United States
1372 Posts |
Cleaning doesn't concern me on 150 year old circulated coins ... as long as it doen't look like a fresh spit shine with simichrome polish. It was common practice to clean coins in the past, and even ones that most of us think weren't cleaned ... in all probability...have been. That's the cold hard truth. I've no intention of slabbing it. I'm a "raw" coin kind of guy. If I'm buying an uncirculated specimen .... totally different story, because the price enters a different realm altogether. Then, and only then, do I begin to fret over any cleaning. Bet'cha 99 percent of the Morgan dollars out there have been dipped. I think that much of the stink over cleaning has to do with the art of buying and selling more than anything. I know an old vest poscket dealer who would take a coin that had hairlines and carry it in his pocket with some other coins for a week or so to get rid of them. Of course he'd buy it discounted because it was "cleaned" ... but it was just "circulated" when he sold it. Chance |
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Moderator
 United States
23522 Posts |
I'd throw money at a chance like that.  |
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Pillar of the Community
United States
1372 Posts |
Here she be. I haven't looked at the PCGS online photograde yet, but I think it makes it in terms of wear. The old cleaning ... for what I gave for the coin, doesn't bother me in the least. I'm in at less than half of Numismedia's FMV for EF-40. Sure, the TPGs would body bag it or details grade it because of previous cleaning. That having been said, what technical grade would you assign? Chance   \ |
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Pillar of the Community
United States
2936 Posts |
Really nice coin. Looks like we've lost the "IN" from "IN GOD...) but the knuckles are still good on the eagle. It's definitely pushing EF so I'd go EF-40 on it. Love the LS series coins.
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Pillar of the Community
United States
1143 Posts |
What a difference a good picture makes.  |
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Pillar of the Community
United States
1372 Posts |
Indeed, pictures make all the difference. Here's the same coin in direct sunlight. Every hairline is emphasized at this level of magnification, and as bad as it makes a coin look in pictures ... "in hand", the hairlines aren't the first thing you see. Chance   Edited by Chancellor Sutler
09/21/2011 12:04 pm
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Pillar of the Community
United States
6396 Posts |
I'd go VF-35 overall, with the fading of IGWT and slight weakness in the center of LIBERTY taking it out of EF contention. The cleaning hurts the value but if you got it for "F+" money you did well. Congrats!
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Pillar of the Community
United States
1372 Posts |
The 2 die gouges in the eagle's right wing are interesting.
Chance
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Pillar of the Community
United States
2120 Posts |
Quote:
I'd go VF-35 overall, with the fading of IGWT and slight weakness in the center of LIBERTY taking it out of EF contention. The cleaning hurts the value but if you got it for "F+" money you did well. Congrats!  100% Very nice pick up if you got it anywhere around F money for sure. |
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Pillar of the Community
United States
1372 Posts |
It was a calculated gamble, but not real high stakes. The coin cost me $55.50 to the door. I'm happy with it, and I popped it into my Dansco 7070.
Chance
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Replies: 16 / Views: 1,990 |
Posted 09/17/2011 11:30 am
