Thoughts on this capped bust dime?
Wahoo554
Posts: 1,157 ✭✭✭✭✭
This AU-58 CAC ex-Green/Newman bust dime was sold in the most recent heritage auction. The obverse has what appears to be fairly heavy rim damage. Am I correct that this is PMD? If so, do you think this dime should have straight graded/stickered? Curious as to your thoughts.
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It looks nice to me. I would hope it would have a bit more luster but nice to not see it blast white, either.
Don’t want to knock it, but if I tried to get that coin graded it would come back damaged or environmental damage (Star 13).
The bean surprises me a little.
Are the rims acceptable for a 58?
I like the coin
Collector
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I personally don't like the way things are but I'm beginning to finally learn to accept things the way they are because nothing is going to change things.
Fact: I'm too critical. Many of us are. In the case of this coin, anyone with eyes can list the imperfections on this almost 200 year old coin. The OP and another member mention both environmental and rim damage.
So what's the point of this post and similar posts with coins that are obviously damaged yet are straight graded.
As posters, do we
wish to show what a great "eye" we have?
My suggestion is to accept the fact that this coin has been straight graded and beaned. I assure all of you that nothing so obvious has been missed by numismatists with much more experience and standing than most of us.
Another suggestion: DON'T BUY COINS THAT DON'T PLEASE YOU because the only folks interested in OUR opinion on a coin is US.
My thoughts exactly.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
IMO OP's question is worthy of discussion as the commentary helps members train their numismatic eye.
Nothing is as expensive as free money.
I get what you're saying, but crack it out and re-submit it and how many of us would bet big money that it would straight grade a second time?
Not me.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
I AGREE. However, IMO, when folks wish to discuss and post over-graded, problem coins, they should ONLY post an image of the COIN ITSELF and not the trimmings.
+1. Far too many collectors have come to believe that TPG grading (and stickering) is much more scientific and objective than it actually is. A grade is an abstraction. Every coin (worth owning, IMO) is unique and needs to be evaluated on its own merits. Evaluate the territory, not the map.
My intent isn’t to knock the coin. I like the coin and would be proud to own it. The buyer was obviously ok with the rim damage as it is unmissable. But what I would like to better understand is why this coin straight graded while many coins with similar degrees of rim damage do not. The fact that it also stickered is relevant because it is a further opinion by a renowned grading expert that the coin is choice and is not a problem coin. Is it that all the good qualities simply outweigh the rim damage when the final determination is made (FYI the reverse is very nice with an interesting die break)? Could it be that pedigree was a factor considered in the grading process? I think discussion on this topic will be educational.
The coin was consider for what it is. I'm 100% sure its provenance carried more "weight" than the actual coin itself because it is nothing special.
I've witnessed a unique gold pattern straight graded that was so extremely damaged that two of us looked at each other and... IMO, it's these uncommon situations that give the TPGS's a less than 100% glowing reputation.
It's a beautiful day in the neighborhood.
Aside from the rims it looks more like a 53.
Great transactions with oih82w8, JasonGaming, Moose1913.
Looks well struck though probably a lower AU
I would like to see more details on the coin for a 58.
I always think a 58 is closer to a 62 with a slight rub on the chin and this coin shows more wear than that.