NEWP: Wallet in traction (GRADE REVEALED)
coinpictures
Posts: 5,345 ✭✭✭
My local dealer had a number of early dollars come in over the counter a few weeks back and he sent them all into PCGS. The vast majority were sooooooo far out of my price range that it wasn't funny. As it is this one is roughly 5x the price of the most expensive coin I'd ever purchased prior to this, but after letting it roll around in my hand for a bit, I just had to have it.
The pictures aren't the greatest; I have a hard time capturing proofs. I shot it using angled glass to capture the color.
The obverse toning is what sold me on the coin.
What appears to be a long diagonal scratch at 6:00 on the reverse does not actually break the surface of the coin; in fact it's slightly raised. Die break? Planchet flaw?
Last year of the series. Fairly low mintage of 600 pieces.
So what do you think it grades?
The pictures aren't the greatest; I have a hard time capturing proofs. I shot it using angled glass to capture the color.
The obverse toning is what sold me on the coin.
What appears to be a long diagonal scratch at 6:00 on the reverse does not actually break the surface of the coin; in fact it's slightly raised. Die break? Planchet flaw?
Last year of the series. Fairly low mintage of 600 pieces.
So what do you think it grades?
0
Comments
edited to add : PF63
- Marcus Tullius Cicero, 106-43 BC
HOLY CRAP BATMAN !!!!
that is one nice Seated Dollar !!!!
PF65 ??
Great coin..I'll say 64.
siliconvalleycoins.com
I'd say PR66.
Edit to add: Super coin by the way! Congratulations to be her keeper.
Anyway, congrats on a very stunning, original coin.
An authorized PCGS dealer, and a contributor to the Red Book.
Good job.
PR64
To support LordM's European Trip, click here!
Not sure about CAM or not, but it doesn't matter--that is a beautiful coin!
But who really cares... That is a STUNNER...... It's expensive, but not much risk involved in a coin like this....
Unless the entire economy collapses...... In which case, you can still buy a loaf of bread with the silver content...
Seriously though, every now and then you come across that so called "once in a lifetime opportunity", this may have been yours..... So long as you weren't putting yourself DEEP into debt for it, and had a payment plan mapped out.... It's better to have purchased it (with the buy back guarantess), than to second guess yourself for years to come with the "road not taken"...
CONGRATULATIONS on a STUNNING COIN!!!!!!
63: 1
64: 7
64CAM: 4
65: 2
65CAM: 3
66: 1
Any more?
The other dollars that he got were a 1795 the graded XF45, a 1799 that graded AU53, and another one that intrigued me:
1797 10x6, approximately VF20/25. It came back bodybagged for cleaning. While I can see that yes, it had been dipped at some point, I have seen FAR more egregious examples of cleaning in both PCGS and NGC holders. It's not like the coin was stripped white. It was a light grey. The attractive thing about it is that it has lovely rainbow toning at the periphery of the obverse at the 12:00 and 6:00 positions. I'm sure you've seen examples of "faded" rainbow toning on circ coins; VF/XF pieces where there is an amount of residual toning. This piece has it, and is very attractive for a mid-grade piece.
Too rich for my blood though. Just as well, since all 3 coins sold in short order.
1/2 Cents
U.S. Revenue Stamps
Congratulations!
I have a hard time distinguishing between hairlines and die polish lines.
1/2 Cents
U.S. Revenue Stamps
PCGS disagreed. I believe that I am the proud owner of the world's most beautiful PR62.
This is actually fortunate for me, since I wouldn't have been able to even consider trying to buy it at PR64 or PR65 money. As it is, I did pay a slight premium over PR62 money because of aesthetic appeal, but I'm still into the coin for less than PR63 graysheet.
Before I bought the coin I spent several hours going through the online archives of Stacks, Heritage, Bowers & Merena, and Teletrade, reading the descriptions and viewing photos. I realize that some of the auction pictures are subpar, and I will admit I am biased, but I like this PR62 better than every PR63 I found, without exception. So many of the PR62-63 coins I saw were heavily-dipped POS's with a dull, lifeless appearance, or had a LOT of distracting surface marks.
I speculate (most likely baseless, but why not?) that the graders treated the mark on the reverse as a scratch rather than as a die break or planchet flaw, and net graded the coin harshly.
All the appearance of a 64, but at less than half the cost. Works for me... it wouldn't surprise me if a lot of people would crack this one out.
1/2 Cents
U.S. Revenue Stamps
<< <i>My local dealer had a number of early dollars come in over the counter a few weeks back and he sent them all into PCGS. >>
Please tell me he was crossing them over. No one sells stuff like this raw, do they???
Edit - I was so awestruck by this coin I forgot to say WOW!!!!!!!!
Well purchased and somethign to enjoy........ You can always resubmit it as a crossover for a possible upgrade..........
<< <i>
<< <i>My local dealer had a number of early dollars come in over the counter a few weeks back and he sent them all into PCGS. >>
Please tell me he was crossing them over. No one sells stuff like this raw, do they???
Edit - I was so awestruck by this coin I forgot to say WOW!!!!!!!! >>
No, the coins came across the counter raw. Plenty of old-time and/or European collectors shun slabbed coins, not to mention the fact that many people who inherit longstanding collections may be completely ignorant of the entire notion of certification.
1/2 Cents
U.S. Revenue Stamps
1/2 Cents
U.S. Revenue Stamps