Would These Spots Keep You From Buying?
M4Madness
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This coin has a CAC sticker.
CAC population of 14 for this year/grade, so it might be a wait for another one to hit the market. 1875-CC through 1877-CC are pretty much the only ones in my price range. CAC population of 32 for the three years in this grade.
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Yes
I cannot say from this picture. do you have access to the coin or is this your onlt photo option?
Yes a spotted one especially like that one would be a no go both me and my clients who are very fussy. Especially expensive material. Look for coins that are PQ / problem free! I don’t do C or problem coins. I will bid up quality material however.
Looks like a horrible case of biological attack. Where is the slab photo with grade lol? Its a details coin isn’t it? You need to show them in their slab.
It would be a tough item to sell.
I would need to see it in hand, tilt the coin to get a handle on the surfaces. The spots would not preclude me from considering the coin.
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The image looks like a scan to me, which if true can wash out any depth in color the coin might have. As for what you consider spots, they look more like stains to me and I would not be attracted to them at all, but an in-hand inspection would be required for really difficult pieces.
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As a raw coin for my album absolutely not but for a graded coin it probably would as I would want cleaner surfaces so I would personally just wait it out for a better example. The coin shown is cool though as the Seated Liberty is my favorite design and if you like the coin I would definitely say buy it if you would enjoy owning it as that is what the hobby is all about !!!!
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Are there any other pictures?
All the pics I can find of it from previous sales look exactly the same. Lol!
My Carson City Morgan Registry Set
Then the question becomes, "Do nicer coins exist?" And am I willing to wait?
Hard pass on that coin. Another example of why you should examine the coin before you buy it even if it does have a CAC sticker.
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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
With a pool of 32 CAC coins spread across the three dates I'd take, the big question for me is "How long before another one hits the market?". Apparently JA liked it enough to sticker it. They spots/stains don't really bother me a great deal, due to it being a 149-year old circulated coin. But, either my heirs or myself will probably liquidate my collection someday, and I'm sure none of us want to be stuck with dreck. Lol!
My Carson City Morgan Registry Set
Yes. Pass. What is the first thing your eyes are drawn to? Of course it’s the unattractive dark spotting covering 3/4 of the coin. Every time you or anyone looks at it, that’s what you’ll see. Nothing I’d want in my collection. Just wait for the one that’s right for you and if you have to ask, you probably already knew the answer.
It really boils down to your personal preference.
Personally, I'd rather have incomplete sets than have coins that lack eye appeal. The worse thing for me (or my heirs) is to have dealers pooh, pooh my coins when it comes time to sell.
The other thought is the possibility of being flexible in your grade - one up or down.
My gut reaction is that I don’t like it much.
I've found a few unstickered ones up for sale in XF45, but I'm too inexperienced to judge if they stand a chance of stickering. If anyone has a lead on an XF45 Carson City half dollar (sub-$1500) that has a green bean or a very good chance of getting one, please send me a message.
My Carson City Morgan Registry Set
CAC loves spotty coins.
This is the kind of coin I’d consider if I could get it close to Greysheet, minimizing downside in the case a better coin comes along, while protecting against the chance one doesn’t. I think I’d find it tough to pull the trigger at full CAC retail.
Nothing is as expensive as free money.
XF45 COIN #2
CAC candidate?
My Carson City Morgan Registry Set
XF45 Coin #3
My Carson City Morgan Registry Set
I'd recommend working with a dealer to find one given your description here.
It's pretty much acknowledged that generally speaking, the chances of a coin getting a CAC is 40%. In the case of $1,000+ coins recently bought from a dealer/auction house, I would believe the chances are even less, no matter how nice the pictures look.
Sometimes the seller will even tell you whether the coin has been sent to CAC
I don’t know how old you are but if you’re 40 you have lots of time to search. If you’re 70 time is not your friend but I still would wait for a nicer one to surface.
Edited for spelling.
Pass unless heavily discounted.
I'm 57.
My Carson City Morgan Registry Set
Assuming your health is good you have a good twenty or so years before you might consider selling your collection. I’d wait for a nicer one. Others probably feel differently than me as to what is a good age to sell their collection and if you even have to while alive.
For me, I would pass. Those spots would bug me every time I looked at the coin.
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"
As they say in Texas..... El Paso.
yep
DOG acolyte
That particular coin wouldn’t be for me..
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https://www.ngccoin.com/registry/competitive-sets/16292/
Yes, I'd not buy. Life is too short to purchase coins whose most prominent feature makes you cringe.
Those are NOT SPOTS. No one here can give you a valid opinion without knowing more about you. That coin would be a treasure to some and a pass for others. The biggest factor is its price. I'd buy anything if I knew I could flip it for a profit. I collect red copper but most of my purchases are red-brown coins that I can flip until a red "keeper" comes along.
@4Redisin said:
I'm totally the opposite. I never buy anything for the sole purpose of flipping. I'd leave it for the next guy who appreciates it and wants to keep it.
My Carson City Morgan Registry Set
It's straight graded with the coveted green bean.
https://coins.ha.com/itm/seated-half-dollars/1876-cc-50c-xf45-pcgs-cac-pcgs-population-28-183-ngc-census-13-112-mintage-1-956-000-numismedia-wsl-price/a/1189-8333.s
My Carson City Morgan Registry Set
No don’t buy spotted stuff. My clients seeking material w super luster / high end - no spots. For proper RCI - avoid spotted material.
In looking at it that photo it seems to hide the spots - note to self look at the TPG pic. Beware of spots. For me they are thumbs down.
LOL - No sticker is going to convince me to buy something heavily spotted like that.
There are online sellers who will turn down the lighting to hide the bad stuff. Take a look at the TPG picture in evaluating the item.
At my table at shows under my 100 watt lighting the spots would easily stand out.
There is no TrueView for the coin. The only photos available were taken by Heritage or AUCM back when they had it.
https://www.aucm.com/1876-cc-50c-liberty-seated-half-dollar-pcgs-xf45-cac-209608820.html
My Carson City Morgan Registry Set
Yes if no photos from Certificate lookup then buyer beware. Sellers will try to hide defects. I like doing Cert lookup especially something being holdered a long time - like has it gone bad in the holder? Or is seller playing games.
It's a pass for me. I don't care what CAC thinks.
If eye appeal is important to you, then I think you know the answer.
I know it's hard to be patient when a hole needs to be filled.
"Got a flaming heart, can't get my fill"
"Would these spots keep you from buying" Yes 100%.
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Never a slave to one plastic brand will I ever be.
The coin was sold on Sep 28, 2013. Is possible the spots got worse over time?
Current photos look the same to me as the ones taken 12 years ago.
My Carson City Morgan Registry Set
It depends on the purpose of the purchase. If a coin is for a high grade set to show off, I would pass on a coin with that kind of look. But if it's a really hard-to-find die marriage or die state for a variety collection, then I'd consider it.
Collector of Liberty Seated Half Dimes, including die pairs and die states