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New purchase 1854-C $5 Half Eagle -- Grade opinion welcome!

Just picked this one up in auction. I'll be submitting it soon but I'd love to hear your thoughts on where you believe it will grade out.

Comments

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    AU 55? I've been trying to get one of those myself. Congrats :)

  • SmudgeSmudge Posts: 9,702 ✭✭✭✭✭

    Nice. I love southern gold. When it gets back let's play gtg. I guess now 40-45.

  • jwittenjwitten Posts: 5,220 ✭✭✭✭✭

    AU details, scratched

  • zski123zski123 Posts: 258 ✭✭✭

    I'm hoping it's a 55 or 58. I think the coin comps well against the examples seen in Heritage. We'll see though. Today is a different environment.

    https://coins.ha.com/itm/liberty-half-eagles/half-eagles/1854-c-5-au58-ngc-variety-1/a/1204-6399.s?ic4=ListView-Thumbnail-071515

  • tommy44tommy44 Posts: 2,308 ✭✭✭✭✭

    AU 55-58, I like it a lot.

    it's crackers to slip a rozzer the dropsy in snide

  • BillJonesBillJones Posts: 34,609 ✭✭✭✭✭
    edited September 1, 2018 5:47AM

    I would have to see this one in person to really grade it. The obverse looks weak, which would make me say EF, but I also realize that the strike is probably something less than ideal. It also appears to have some pretty heavy abrading, perhaps from some sort of a brush. There also appears to be some mint luster, but I see cleaning too. If the coin gets a grade, which may not get because of surface disturbances, I’d say it would be in the EF-40 to 45 range.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BoosibriBoosibri Posts: 12,335 ✭✭✭✭✭

    EF45/AU50 strong C which makes it much more scarce than people realize.

  • BoosibriBoosibri Posts: 12,335 ✭✭✭✭✭
    edited August 8, 2018 11:17AM

    Here is a textbook EF45 with a slightly weak strike at center in the same way as the OP's coin.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited August 8, 2018 2:23PM

    This is just a guess as a member wrote today (in another thread) that I don't know Charlotte Mint gold. I'm working at it. :(

    Too much luster for today's XF. The "arrow shaped" scratch is the worse thing, I'd get rid of most of the dirt in the shield, wings and reeding (NOT CHEMICALLY) and leave it on the bust before having it graded. My Guess is AU-50 so it will come back as a 55!

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Looks like a 45-50 !!! :)

    Timbuk3
  • ashelandasheland Posts: 23,556 ✭✭✭✭✭
  • No HeadlightsNo Headlights Posts: 2,091 ✭✭✭✭✭

    Lucky day 45
    Not so lucky details

  • oldlinecoinsoldlinecoins Posts: 183 ✭✭✭

    45 or details if that's a scratch in front of the face

    nice patina

  • coinkatcoinkat Posts: 23,650 ✭✭✭✭✭

    The image is not helping the cause. However even with the image, It looks better than AU50. 53 seems reasonable and so does 55. Given how difficult early no motto gold is to get in the most appropriate holder, it will likely end up in a 50 holder. Then someone will look at it and think it can grade higher - perhaps a 55- if it is enhanced. So it is enhanced grades 55 and looks stripped of its natural look when in fact is was worthy of the 55 from day one.

    Sad but that is the environment we collect in and there is little chance of change.

    Experience the World through Numismatics...it's more than you can imagine.

  • blitzdudeblitzdude Posts: 6,334 ✭✭✭✭✭

    45-50, hope you don't get a details. Hard to tell from pics but possible improperly cleaned. Good luck and congrats.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • VanHalenVanHalen Posts: 4,277 ✭✭✭✭✭

    It looks well struck to me with a nice reverse die crack at 10:00. It might net down a tad to AU50 for the little scratch. I'd like to see it with less light on it.

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    50-53

  • batumibatumi Posts: 834 ✭✭✭✭

    AU 50.I like it.

  • thebeavthebeav Posts: 3,846 ✭✭✭✭✭

    There looks to be an awful lot of luster. I'm going with a 55......

  • Cougar1978Cougar1978 Posts: 8,636 ✭✭✭✭✭
    edited August 9, 2018 3:53AM

    It is a very attractive better date lustrous piece. I wager it would grade Ch AU or above.

    Many buyers picking up better date Gold in this market. Others bulking up on slabbed USGTC close to melt. At a recent show I purchased NGC 65 Peace Dollars at $75 each and NGC MS65 Morgan Dollars at $105 to add to retail stock (I mark these up 50 pct) from a major dealer along with gold bullion material and USGTC below bid or close to melt.

    Coins & Currency
  • zski123zski123 Posts: 258 ✭✭✭

    @Cougar1978 said:
    It is a very attractive better date lustrous piece. I wager it would grade Ch AU or above.

    Many buyers picking up better date Gold in this market. Others bulking up on slabbed USGTC close to melt. At a recent show I purchased NGC 65 Peace Dollars at $75 each and NGC MS65 Morgan Dollars at $105 to add to retail stock (I mark these up 50 pct) from a major dealer along with gold bullion material and USGTC below bid or close to melt.

    It is a great time to pick up some real bargains. It often surprises me how inefficient the coin market can be.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    45

  • jonrunsjonruns Posts: 1,197 ✭✭✭✭✭

    AU Details

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would guess 53.. if it straight grades.... being Charlotte gold, it may well get a grade. Cheers, RickO

  • skier07skier07 Posts: 4,213 ✭✭✭✭✭

    @jonruns said:
    AU Details

    +1

  • Batman23Batman23 Posts: 4,999 ✭✭✭✭✭

    I'm thinking mid AU. 53-55. Unfortunately I think I am seeing marks that might be cleaning hairlines.

  • REALGATORREALGATOR Posts: 2,632 ✭✭✭✭✭

    Looks 50ish to me. Hope the surfaces haven't been messed with.

  • marcmoishmarcmoish Posts: 6,457 ✭✭✭✭✭

    55, like!

  • zski123zski123 Posts: 258 ✭✭✭

    Verdict is in on the 1854-C Half Eagle... AU55

    It honestly looked better in the photos from the auctioneer. When I received the coin, I knew it was 55 and not a 58 for sure.

  • VanHalenVanHalen Posts: 4,277 ✭✭✭✭✭

    @zski123 said:
    Verdict is in on the 1854-C Half Eagle... AU55

    It honestly looked better in the photos from the auctioneer. When I received the coin, I knew it was 55 and not a 58 for sure.

    She came back AU55 in a PCGS holder? Woo Hoo! Congrats are in order.

  • kazkaz Posts: 9,236 ✭✭✭✭✭

    Congrats, I figured AU-something, 55 is nice!

  • Batman23Batman23 Posts: 4,999 ✭✭✭✭✭

    AU55, good job!

  • zski123zski123 Posts: 258 ✭✭✭

    Thanks. Took a chance on this one. I thought it might come back details. I knew it wasn't an XF. The grade is always going to be relative to mint and year. If this were a 1883 half eagle, I would agree with the XF guesstimates.

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,865 ✭✭✭✭✭

    I am not a pro but it looks to maybe AU 53

  • skier07skier07 Posts: 4,213 ✭✭✭✭✭

    I’m assuming PCGS graded this coin?

    Good job, but do yourself and your wallet a favor, don’t buy raw coins unless you’re an expert or you like to gamble.

  • SmudgeSmudge Posts: 9,702 ✭✭✭✭✭

    @Boosibri in my opinion your coin is what an old gold coin should look like. Nice one.

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  • divecchiadivecchia Posts: 6,688 ✭✭✭✭✭

    Congrats on scoring an a AU55.

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

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  • BoosibriBoosibri Posts: 12,335 ✭✭✭✭✭

    @Smudge said:
    @Boosibri in my opinion your coin is what an old gold coin should look like. Nice one.

    Thanks! I appreciate anyone who appreciates what old gold should look like

  • logger7logger7 Posts: 8,826 ✭✭✭✭✭
    edited September 4, 2018 7:16AM

    Cleaned, etc.; worst problem gets described on details holder.

    Oops, missed the update, congratulations, market acceptable in hand, must have nice luster and these branch mint coins were usually poorly struck and get graded on a curve.

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    Congrats! :)

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