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1877 G$1 PCGS says MS, NGC says Proof

liefgoldliefgold Posts: 1,690 ✭✭✭✭✭
edited October 16, 2022 6:56PM in U.S. Coin Forum

I am pretty sure this is the same coin. Sold recently on Heritage as PCGS MS scratched. Now listed on GC as Proof scratched.
Which is it? Super rare if proof. Mintage 20.

liefgold

Comments

  • DisneyFanDisneyFan Posts: 2,193 ✭✭✭✭✭

    Who do you trust? PCGS or NGC? Will it CAC?

  • DelawareDoonsDelawareDoons Posts: 3,413 ✭✭✭✭✭

    @DisneyFan said:
    Who do you trust? PCGS or NGC? Will it CAC?

    Details coins don't CAC.

    I think it's a proof.

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • liefgoldliefgold Posts: 1,690 ✭✭✭✭✭

    Sold for $780 as MS. Just sold tonight for $2925 as proof.

    liefgold
  • DelawareDoonsDelawareDoons Posts: 3,413 ✭✭✭✭✭

    @liefgold said:
    Sold for $780 as MS. Just sold tonight for $2925 as proof.

    Pays to know what you're doing and have the time to go through auctions.

    "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • FlyingAlFlyingAl Posts: 3,500 ✭✭✭✭✭

    I also believe that is a proof.

    Coin Photographer.

  • skier07skier07 Posts: 4,064 ✭✭✭✭✭

    So one of the TPG’s got it wrong?

  • PerryHallPerryHall Posts: 46,411 ✭✭✭✭✭

    @skier07 said:
    So one of the TPG’s got it wrong?

    Yes. Apparently PCGS got it wrong to the financial detriment of the original submitter.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 291fifth291fifth Posts: 24,451 ✭✭✭✭✭

    Ugly coin regardless of what it is.

    All glory is fleeting.
  • redraiderredraider Posts: 230 ✭✭✭✭✭

    I have an 1858 Small Letters FEC that is graded MS65+ by NGC. It is fully proof like and has every characteristic of the Small Letters High Leaves Proof.

    Will probably submit it at FUN as a walkthrough to see if they agree. Difference in price is about $20k on it….I spotted all the markers at auction and thought it might be proof.

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @291fifth said:
    Ugly coin regardless of what it is.

    that may be, but look at those pops. WOW

    https://www.pcgs.com/pop/detail/gold-dollar-1849-1889/51?ccid=0&t=3&p=PR

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • 291fifth291fifth Posts: 24,451 ✭✭✭✭✭
    edited October 17, 2022 9:38AM

    @LanceNewmanOCC said:

    @291fifth said:
    Ugly coin regardless of what it is.

    that may be, but look at those pops. WOW

    https://www.pcgs.com/pop/detail/gold-dollar-1849-1889/51?ccid=0&t=3&p=PR

    "pops" can't make an ugly coin beautiful. They can just make it expensive.

    All glory is fleeting.
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @291fifth said:
    "pops" can't make an ugly coin beautiful. They can just make it expensive.

    agree but beauty isn't the only thing to "attract" a buyer/collector but i do concede about a person's taste being their own.

    those are good bargains for those that like low pops/survival rates. imo

    to be fair, for me, sometimes learning a new little fact about something/someone or whatever can quickly change my perception and desire for it/about it. food for thought. ;)

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • FloridafacelifterFloridafacelifter Posts: 1,295 ✭✭✭✭✭

    Like my 1921 Peace $
    PCGS says “struck from high relief VAM-1H dies”
    NGC says “High Relief PR65 Satin”
    Therefore it lives in an NGC holder
    What will the new CAC grading service call it?

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    edited October 17, 2022 10:37AM

    @Floridafacelifter said:
    Like my 1921 Peace $
    PCGS says “struck from high relief VAM-1H dies”
    NGC says “High Relief PR65 Satin”
    Therefore it lives in an NGC holder
    What will the new CAC grading service call it?

    are you telling me the 3 or 4 known 21 peace dollars listed as 1h, 1g or whatever they are, are listed by ngc as PR satin and not just struck from those dies. that would be insane.

    pcgs listed those as separate. the actual proof/satin or whatever examples and THEN those struck from those dies as business strike issues. surely ngc does the same though the wording may be a bit different but the vam numbers DO NOT overlap. t.i.a.

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • MarkKelleyMarkKelley Posts: 1,910 ✭✭✭✭✭

    The OP's coin looks like a Proof to me.

  • edwardjulioedwardjulio Posts: 1,119 ✭✭✭✭✭

    The OP coin appears to be a Proof, JD-1. Obv: anomaly on chin, polished area under ear. Rev: the last 7 wholly under the A.

    End Systemic Elitism - It Takes All Of Us
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  • coinbufcoinbuf Posts: 11,552 ✭✭✭✭✭

    From the photo I think NGC got it right, in hand might be a different answer.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • TPRCTPRC Posts: 3,805 ✭✭✭✭✭

    First reaction-proof.

    Tom

  • psuman08psuman08 Posts: 345 ✭✭✭✭

    Certainly looks like a proof.

  • PhilLynottPhilLynott Posts: 893 ✭✭✭✭✭

    Looks like a proof to me but the OP is the one I'd ask any gold dollar question about so if he's not sure then my guess is just that!

  • jerseycat101jerseycat101 Posts: 1,352 ✭✭✭✭✭

    Very clearly a proof. Glad they both got the scratch part correct.

  • liefgoldliefgold Posts: 1,690 ✭✭✭✭✭

    @PhilLynott said:
    Looks like a proof to me but the OP is the one I'd ask any gold dollar question about so if he's not sure then my guess is just that!

    Thanks for the compliment! I think it is a proof, but I would not be willing to bet the house. Here is my rationale: According to Bowers in his "Guidebook of Gold Dollars" ..."The reverse had the highest ribbon point under the space between 8 and 7. On a circulation strike , the highest point of the ribbon is below the first 7, slightly to the left of the center of the first 7."
    If this statement is true it would indicate that the coin is a proof. However in reviewing several 1877's certified as proof and prooflike I found 2 others that met this criteria which were slabbed as MS.
    In this series it is almost impossible to judge a proof from a prooflike just by fields and mirror finishes.
    But I would not just trust either grading service of being correct without some knowledge about the proper markers for each. A lot of money at stake.

    liefgold
  • ashelandasheland Posts: 23,398 ✭✭✭✭✭

    Great thread. Interesting points made. 👍

  • DisneyFanDisneyFan Posts: 2,193 ✭✭✭✭✭

    @DelawareDoons said:

    @DisneyFan said:
    Who do you trust? PCGS or NGC? Will it CAC?

    Details coins don't CAC.

    I was referring to the new CAC Grading Company. They might also tackle those Proof-Like coins that currently are not marked as such on the holder.

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