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Gold buffs...more raw coins added...prices realized

RYKRYK Posts: 35,791 ✭✭✭✭✭

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    PlacidPlacid Posts: 11,301 ✭✭✭
    I think you are right. Pcgs might knock it down another 5 or so if it has been cleaned.
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    lordmarcovanlordmarcovan Posts: 43,242 ✭✭✭✭✭
    I'd say you're pretty close to the mark.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    I have held it in my hand. It is raw and 100% original. Careful conservation may be helpful to remove the dirt on the reverse.

    The dirty reverse would be a great image for my icon coin!
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    PlacidPlacid Posts: 11,301 ✭✭✭
    I wonder how many obverse dies were used that year?
    The reason I ask is your 1 in the date seems flat at the top compared to the one at
    www.charlottegold.com.

    image
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    coinkatcoinkat Posts: 22,828 ✭✭✭✭✭
    RYK:

    What a great looking coin!!! Please tell me that you are kidding about conservation... I think if you look at the strike combined with the original appearance, IT IS AU53+ and CAREFUL CONSERVATION WOULD NOT BE A GOOD THING.

    Experience the World through Numismatics...it's more than you can imagine.

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    darktonedarktone Posts: 8,437 ✭✭✭
    Looks nice AU to me also and I agree no conserving. mike
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    Best guess is a nice 50. If conservation required suggest good brand of alcohol...take as many shots as you need till you get over it.
    Collect for enjoyment
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    You guys are killing me! It is/was a Scotsman Auctions lot, which I let go to a higher bidder. It was the nicest gold coin that they had for auction. I was not sure that it would make AU, but it sure was a nice, ORIGINAL gold coin. The only conservation I was planning was a roundtrip visit to PCGS to be conserved in a plastic holder image

    That's okay, there will be another...And I still have two Scotsman Auction lots pending, which I will post when I get a chance later. They are an 1854-O $3 for my type set, and a crusty, 1851-D $5 for my "Dahlonega"-inspired Dahlonega half eagle set, both very original and circulated.

    Robert
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    coinkatcoinkat Posts: 22,828 ✭✭✭✭✭
    RYK:

    If I am crossing the line of good taste, I will apologize in advance... what is this going for or is the auction done? If it is over, do you know what was the price realized? Thanks...

    Experience the World through Numismatics...it's more than you can imagine.

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    Leave the coin as is, has plenty of character and a nice "skin". Making it shiny would kill it. Looks like the obverse was cleaned at one time but is has a nice glow.
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    Kat, My last bid was $1500. The auction is underway in Maryland. I will post the result here when I know it.

    Baby, I would not think of such a thing. To make it shiny would be a crime against humanity. Okay, that's a little strong...it would be a travesty! The obverse, to my eye in person, had no evidence of cleaning.

    Robert
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    dorkkarldorkkarl Posts: 12,692 ✭✭✭
    real grade: au-50, pcgs grade: au-58/ms-62

    K S
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    coinkatcoinkat Posts: 22,828 ✭✭✭✭✭
    RYK:

    I appreciate your comments... original gold sometimes can be worth the reach.

    Experience the World through Numismatics...it's more than you can imagine.

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    RBB617RBB617 Posts: 497 ✭✭
    I would probably grade this great coin as an AU50.
    Brian
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    RBB617RBB617 Posts: 497 ✭✭
    I would probably grade this great coin as an AU50.
    Brian
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    These are the other original-appearing pre-Civil War branch mint gold coins for which I bid:

    imageimage

    imageimage
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    lordmarcovanlordmarcovan Posts: 43,242 ✭✭✭✭✭
    Geez. Somehow I totally missed the "C" mintmark on the first coin, when I read this thread the first time!

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    coinkatcoinkat Posts: 22,828 ✭✭✭✭✭
    Both look original. The 1851-D is in the VF30 range and the $3 1854-O is probably in the low EF45 range. Some may say EF40, but if there is doubt, I tend to think that originality pulls the grade up on this one.

    Experience the World through Numismatics...it's more than you can imagine.

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    You should think about putting one or 2 of those coins in a YN giveaway! imageimage
    image
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    Kat, the auctioneer and you agree completely.

    I am a bit harder on the grading. I call the 51-D $5 a VF-20 and the 54-O $3 a VF-30. I am very cautious of buying (raw or otherwise) expensive coins without help. I figure that if I grade very conservatively I may be less likely to land the coin in an auction but less likely to get burned.

    I went to Scotsman (in St. Louis) to view the lots as an educational exercise. I wanted to compare my grading to theirs and "the market". I also wanted to learn more about problem coins (and there were plenty--most identified as such, some not, and some "hiding" in SEGS and PCI holders). You tend to be more astute when your own money is on the line, so I made a few fairly low-ball bids and then upped the bid on the 57-C as the bidding intensified. It was clearly the nicest of the lot.

    Robert
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    51-D looks nice may be a touch better than thought nevertheless an underrated date with the strong mintmark probably worth a little premium if it is attractive in person. Pass on the $3 [54-0] if not to late...great date but lot of better coins available. Don't like the 'color', all the hits, etc. especially on the date.
    Collect for enjoyment
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    correction on the '3' not the date
    Collect for enjoyment
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    Dahlonega,

    Thanks for the input. The 51-D was the strongest of the bids that I made; I think I have a decent chance of getting it.

    The 54-O is not a "choice" coin. I put in a low bid for it, and at that, will probably still not get it.

    Have a good time in B'more!
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    RYKRYK Posts: 35,791 ✭✭✭✭✭
    Prices realized (hammer):

    54-O $3: $1550
    51-D $5: $925
    57-C $5: $2600

    I did not win any of the lots.
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    coinkatcoinkat Posts: 22,828 ✭✭✭✭✭
    Sorry to hear that... I would have thought the 51-D would have fetched 1K, but then again with the juice, I gues its there.

    Experience the World through Numismatics...it's more than you can imagine.

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