Would this Seated Liberty Half straight grade??

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erwindoc
erwindoc Posts: 5,447 ✭✭✭✭✭
edited January 26, 2019 5:31PM in U.S. Coin Forum

Picked this up at a show not too long ago. I totally agree with the grade and I fell in love with the colors and luster. I didn't catch the problem under the hat until I got it home in better light because it appears to be quite old. The hairlines are on the holder. Thoughts?




Comments

  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    No.

    Liberty: Parent of Science & Industry

  • BigMoose
    BigMoose Posts: 1,469 ✭✭✭
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    Looks AT.

    TomT-1794

    Check out some of my 1794 Large Cents on www.coingallery.org
  • RogerB
    RogerB Posts: 8,852 ✭✭✭✭✭
    edited January 26, 2019 5:38PM
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    From the photos, the coin is EF - too much field scraping; several deep scratches; color indicating previous dipping and possible recoloring. The detail is well above average - and that makes the wear all the more obvious. Like the coin - just not what has happened to it.

    ;)

  • MFeld
    MFeld Posts: 17,142 ✭✭✭✭✭
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    My guess is no, as I could see it receiving a details grade for either an “obverse scratch” or “questionable color”.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Walkerfan
    Walkerfan Posts: 10,392 ✭✭✭✭✭
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    No, because of the scratches.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • 291fifth
    291fifth Posts: 25,218 ✭✭✭✭✭
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    Looks cleaned and has too many marks for the grade. A coin to be avoided.

    All glory is fleeting.
  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    No looks cleaned, scratched and at. Any one means details. Nice coin too.

  • TomB
    TomB Posts: 23,192 ✭✭✭✭✭
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    Looks like a music lover placed a g-clef on the obverse and I think this would preclude a straight grade most times.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • Insider2
    Insider2 Posts: 14,452 ✭✭✭✭✭
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    At one time, I worked for PCI. This coin had to be done before I was hired. I graded, authenticated, attributed, and QC'ed. I never remember seeing any coin going out with "Premium Strike" while I was there. Additionally, that designation would have been on a different part of the label as we did designate "Weak Strike" on deserving coins. This was also slabbed before the "Red Label" for problem coins was adopted - a first in the industry I should add.

    IMO, the coin is at least AU-50 "Details" and not EF. It should never straight grade. I also believe the toning is 100% natural as PCI holders are noted for toning coins that were 100% white when graded.

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,223 ✭✭✭✭✭
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    Perfect for my album collector friends. Discounted, of course. If I sent it in, it would get in a genuine holder. Guaranteed.

  • MFeld
    MFeld Posts: 17,142 ✭✭✭✭✭
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    @Insider2 said:
    At one time, I worked for PCI. This coin had to be done before I was hired. I graded, authenticated, attributed, and QC'ed. I never remember seeing any coin going out with "Premium Strike" while I was there. Additionally, that designation would have been on a different part of the label as we did designate "Weak Strike" on deserving coins. This was also slabbed before the "Red Label" for problem coins was adopted - a first in the industry I should add.

    IMO, the coin is at least AU-50 "Details" and not EF. It should never straight grade. I also believe the toning is 100% natural as PCI holders are noted for toning coins that were 100% white when graded.

    It sounds as if you believe the coin toned naturally in its current holder. Would you be of the same opinion that such color was “100% natural” if the coin resided in a different company’s holder?
    Thanks.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Insider2
    Insider2 Posts: 14,452 ✭✭✭✭✭
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    @MFeld said: "It sounds as if you believe the coin toned naturally in its current holder. Would you be of the same opinion that such color was “100% natural” if the coin resided in a different company’s holder?"

    This answer is a joke.

    I work for a grading service. Since I cannot post it as I wish you'll need to fill in the blanks. There are 4 major TPGS.

    If it were in A's slab = artificial.
    If it were in B's slab = artificial.
    if it were in C's slab = Why 100% natural of course. :)
    I don't see enough of D's slabs to be able to finish the joke (artificial).

    No joke:

    IMO, any major TPGS would grade the coin:

    AU details cleaned & scratched.
    AU details cleaned.
    or AU details scratched.

  • MFeld
    MFeld Posts: 17,142 ✭✭✭✭✭
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    @Insider2 said:
    @MFeld said: "It sounds as if you believe the coin toned naturally in its current holder. Would you be of the same opinion that such color was “100% natural” if the coin resided in a different company’s holder?"

    This answer is a joke.

    I work for a grading service. Since I cannot post it as I wish you'll need to fill in the blanks. There are 4 major TPGS.

    If it were in A's slab = artificial.
    If it were in B's slab = artificial.
    if it were in C's slab = Why 100% natural of course. :)
    I don't see enough of D's slabs to be able to finish the joke (artificial).

    No joke:

    IMO, any major TPGS would grade the coin:

    AU details cleaned & scratched.
    AU details cleaned.
    or AU details scratched.

    I appreciate the reply.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    Very nice coin, but I don't think it'll straight grade !!! :)

    Timbuk3
  • RogerB
    RogerB Posts: 8,852 ✭✭✭✭✭
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    The "grade" on the holder is already considerably bent - from EF to "AU58" - so why would it "straight grade" unless there was spherical distortion?

  • IrishMikey
    IrishMikey Posts: 1,561 ✭✭✭
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    @Insider2 said:
    At one time, I worked for PCI. This coin had to be done before I was hired. I graded, authenticated, attributed, and QC'ed. I never remember seeing any coin going out with "Premium Strike" while I was there. Additionally, that designation would have been on a different part of the label as we did designate "Weak Strike" on deserving coins. This was also slabbed before the "Red Label" for problem coins was adopted - a first in the industry I should add.

    IMO, the coin is at least AU-50 "Details" and not EF. It should never straight grade. I also believe the toning is 100% natural as PCI holders are noted for toning coins that were 100% white when graded.

    Hey Skip -- this coin is in a "Hallmark" holder. You can make out the name at the very top of the holder in the first image.

  • Insider2
    Insider2 Posts: 14,452 ✭✭✭✭✭
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    @IrishMikey said:

    @Insider2 said:
    At one time, I worked for PCI. This coin had to be done before I was hired. I graded, authenticated, attributed, and QC'ed. I never remember seeing any coin going out with "Premium Strike" while I was there. Additionally, that designation would have been on a different part of the label as we did designate "Weak Strike" on deserving coins. This was also slabbed before the "Red Label" for problem coins was adopted - a first in the industry I should add.

    IMO, the coin is at least AU-50 "Details" and not EF. It should never straight grade. I also believe the toning is 100% natural as PCI holders are noted for toning coins that were 100% white when graded.

    Hey Skip -- this coin is in a "Hallmark" holder. You can make out the name at the very top of the holder in the first image.

    Sure is! That holder alone is possibly worth as much as the coin to slab collectors. I've got some old Hallmark labels but not complete slabs.

  • dcarr
    dcarr Posts: 10,260 ✭✭✭✭✭
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    I think the coin has had an old cleaning and after that a long-term album-toning (which might be considered AT or NT depending on how you define those).

    But either way, I don't see enough mint luster remaining for an AU58 grade. The graffiti below the hat I would also reduce the net grade, of course.

  • DIMEMAN
    DIMEMAN Posts: 22,403 ✭✭✭✭✭
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    I would pass on that coin for all the reasons stated. No way it should grade.

  • U1chicago
    U1chicago Posts: 6,995 ✭✭✭✭✭
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    I would certainly not advise cracking that one. The Hallmark holder alone would most likely draw a premium (especially vs a details grade or low AU grade in a new holder).

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    I would pass on that coin... and I am not a slab collector.... So I walk on, cash safely in my pocket. :D;) Cheers, RickO

  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    IMO, a more interesting question than would it straight grade, or how collectible is the slab, is..

    What's an appropriate net grade.?

    Took a look at the price guide--

    And believe that even the "problem, pass" guys would snap this coin up if priced as a Good, or a Fine. Many would think about it as a VF, and some as an XF. Right?

    Liberty: Parent of Science & Industry

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