CACG Grade Revealed GTG: 1837 Half Eagle
Kliao
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1837 half eagle what do you think it graded?
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13
Comments
Nice!
40
I like that as a really nice 45. Nice looking coin! Underrated date especially that original.
45 but I love it, wouldn't complain about an originality upgrade to 50.
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XF-40
Don't see luster but there is a lot of meat left.
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45 and crusty, I like it!
I love the lot of it and think EF40 is entirely reasonable.
In honor of the memory of Cpl. Michael E. Thompson
Very nice looking coin. The 1837's are tough. Very weak strike. I could see that coin in a 50 or even 55 holder.
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$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
I don't know these, never had one although it's a thing I'd like to acquire; I really like the look of yours. Put me down for 40. Nice coin!
Great looking piece - these are pretty tough! I’ll go with XF45.
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XF45 Nice coin.
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45
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45
Nice coin. 40
I already know the grade but youz’all right in the correct area, well done. And I would say that the grade is conservative IMO as a hint. Great looking half eagle!
Best, SH
As you know, the strikes can be notoriously weak in this series, and dependent in part on the die variety and how it was struck. I’ve seen much worse and the issue here is whether the graders are taking strike issues into account? Makes it very tough to grade these.
Nice looking half eagle, I say 45
45
"Look up, old boy, and see what you get." -William Bonney.
43 7/8ths
Oh, wait, they don't use that grade.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
It wouldn't surprise me if they did in a few years. Don't forget the star and +.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
35
Young Numismatist • My Toned Coins
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Not much wear and if you take that into account with the weak strike in the AU range imo especially at NGC.
Very nice example, EF-45
50
Mr_Spud
50/53 ⭐️
EF-40, maybe 45 if it has some luster within the letters.
35 gold CAC, 40 green CAC
35, maybe 40. It is a very nice piece.
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I actually bought this raw out of an old collection. Decided to send it to CACG. Thought I would give them a try even though it's known they are tough on gold. Loved how original it looked. I did show it to one dealer that said I should dip it to remove the crust and have the underlying luster pop to get it into an AU holder. Not something I particularly wanted to do. The obverse has a touch of luster visible near the rims and protected areas. Luster is stronger and more evident on the reverse.
CACG called it an XF 40.
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75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
Now that’s a real nice one.
I like it at 45...
Removing the crust would be a numismatic crime. That’s a great coin.
Gorgeous coin, and so glad you did not mess with her. I think I nailed the grade.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
That coin is handsome.
I think you were the closest . Now if they would only put 43 7/8th on a slab....
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CACG…doesn’t award a gold label sticker for coins better than the grade?
If you intend to keep her, then who cars what is printed on the lable. She is gorgeous in ALL respects and I would be proud to own such a specimen
Really a gorgeous coin!
What a shame it would have been, stripping the crust to get a little higher grade.
She’s beautiful just the way she is.👍
I've had various dealers tell me to dip circulated, classic coins as well, in order to max out the grade. In general, the entire idea, in my opinion, is pure BS and is typically supported only by those who want to rip through a coin and neither want to see it again nor care about what they are doing to the coin(s) or future collectors.
It's funny, the moment I saw your coin in the first post I thought "nice EF40". That's what the coin is, but some folks are willing to take irreversible actions in order to max out what a TPG will say about a coin so that they can take a spectacular EF40 (for example) and sell it as a dog-butt EF45 (I don't necessarily mean your coin, but you know what I mean). Below is an example of a coin that I have had multiple dealers, over the course of over two decades of ownership, badger me to sell to them so that they can dip it and attempt to get it into an AU holder. The coin is an original EF and I am not willing to strip it for a roll of the dice to make it an ugly AU.
In honor of the memory of Cpl. Michael E. Thompson
Thank you for not dipping/cleaning these coins.
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That's a really nice 40. Congrats and glad you kept it as is.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
I can't think of a good reason that the grading services would not "see" what a coin is in its full originality where the numismatic crime of dipping has to occur for a grade increase.
Great looking original unmolested coin. The sad thing is even if the coin were dipped its monetary value probably won’t increase. A stripped and dipped PCGS 45 that will never sticker will not sell for more than a CAC 40.
My grade is 45, I think the coin looks absolutely perfect for the grade!
I would never remove crust from a coin like this! ever ever ever!
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Great surfaces on an issue that is usually found cleaned. Thank you for not selling it!
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In looking at the second image, I would not be happy with a 40. Sadly this is why coins are cracked and resubmitted. Further it offers some insight to the gamble of processing a coin to seek a higher grade. In this instance, the floor is 45 with a shot/claim to AU50. Seeing a coin like this graded at 40 is a disservice in part because it seems to promote what is wrong with this hobby.
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This is really making a mountain out of a molehill. I like the coin as a 45 and maybe even a 50 but a technical 40 seems just fine.
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Well, at least we all know where to send our coins to get them undergraded.
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
@lermish
I think we can just agree to disagree on this.
What we have here is as the mole hill are the few surviving original early gold coins that continue to fall victim to grading expectations that simply fail to pass the straight face test. And this is in contrast to the mountain of slaughtered early gold coins in slabs that have been processed in anticipation maxing out a grade at the expense of preserving the numismatic DNA and originality of coins. And the processed mountain of crap just seems to be growing larger and larger with little if any concern as to the consequences.
Over the past 20+ years, I have expressed numerous times on this forum that there is a need for an original surfaces designation. The coin that is the subject of this post and some of the content really illustrates and frames the need. Sadly nothing will ever be done in an effort to preserve what little remains. So you can have the mountain and I will continue to advocate for the mole hill.
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