Did anyone see the 1794 Dollar in the upcoming Bowers sale? PCGS net Grade?

SethChandler

Is this an example of a unofficial "net" grade by PCGS? The coin looks like a strong VF, but some major handling marks. Hence the lower grade.

dorkkarl

yes

K S

tjkillian

Do you have a link or a picture?

Tom

Baley

I also would like to see a picture of this cull dollar! what a piece of junk!

oh, you mean it's really really rare? hmmm. well, lets see a pic and if it's presentable...

littlewicher

PCGS does this with some of the rarer coins. Almost any other coin you bet your booty they wouldn't net grade it, they'd bag it.

EVillageProwler

The lot is #4001, in case anyone has troubles finding it online... The coin certainly doesn't look choice by any definition. But, let's not be too hard on PCGS (or any other service) because you can't grade an ED like you can a Morgan -- right? Likewise, you can't grade a 1794 ED like you can with the rest of the ED's.

The Mint was fraught with problems in the early days; coining these large cartwheels was especially problematic due mostly to the insufficient pressure generated by the hand press and to the lousy planchets.

BTW, speaking of ED's, did you notice the PLUS signs in this week's greysheet for EF specimens?

EVP

SethChandler

EVP,

I looked as a really nice 1794 at a show in FL about 15 yrs ago. It was a very nice XF, at 45,000. What would it go for today?

EVillageProwler

If the coin is accurately graded and eye appealing, I'd say it'll go for anywhere between $110K and $125K pretty easily.

EVP