1799 Draped Bust Silver $1 VF-20 EX PCGS

relayer

It probably would have sold if it was STILL a PCGS VF

Nice looking coin. I wonder what the story is behind the "EX PCGS" ?

1799 Draped Bust Silver $1 VF-20 EX PCGS

Cladiator

prolly tried a crackout/upgrade and go bodybagged lol

lordmarcovan

I gotta say, when I read it was a 1799, warning bells went off. But I don't see the telltale broken R in Liberty that is the hallmark of the "Die Hard" counterfeit, so I guess it's kosher. Kind of a small picture, though...

It does make one wonder.

EVillageProwler

There may or may not be anything seriously wrong with the coin. IMO, a low circ grade Bust coin does not need a holder to validate its worth (except for authentication). God, do I sound like Dorkkarl?!?

The problem is that on eBay, there are lots of people trying to slam crud on unsuspecting people that it's simply safer to buy coins in reputable slabs from that venue.

BTW, from that image, I see nothing wrong with that coin...

EVP

jdimmick

I bet that the coin was holdered in the vf-20 holder as the guy said, but was broken out for a chance at a higher grade, becuase it looks more detailed. The coin was probably net graded down to the vf-20 range but holdered the first go around, but now with the tightening of grading, the coin only BB's

???

nwcs

It looks like a nice coin. Although I wouldn't call it original surfaces which the seller seems to imply (or I at least infer that from the description). It's the type of coin I hope to own someday.

Stuart

Relayer: As LordMarcovan mentioned, the 1799 Bust Dollar is very frequently found counterfeited. I woudl be extremely careful about purchasing Bust Type Coins in raw condition unless you are experienced with them, or are dealing with someone whom you trust.

If purchasing PCGS, NGC, ANACS or ICG certified slabbed coins you should be OK, and shoudl not have to pay much of a premium over the raw coin.

I have found that many Bust Coin collectors crack out their coins so that they can also view the 3rd side of the coin -- the lettered edge. I personally prefer to purchased certified 18th & 19th century type coins with less downside risk, but fortunately was fortunate that my 1799 Bust Dollar purchased raw in 1991 is the real thing (according to Mike Faraone of ANACS).

A Bust Dollar is a really beautiful and historic coin -- I hope that you get to enjoy one soon!!

BigD5

Trouble with that type of auction is if that coin is slabbed, it sells for $2k-$2500 or even more in a pcgs/ngc vf holder.
Why wouldn't the owner send the dang thing in?
He won't get $1500 on Ebay for a raw coin like that, and a dealer will probably offer in that same ballpark.
The coin may look ok from that image, but it is an image, and the coin could be bent, have excessive hairlines that don't show up in the scan, environmental damage, or other problems.
I wouldn't touch that one in a million years. Maybe a thousand years.

pmh1nic

I'm with you BigD. Those Ebay bargins all too often turn out to be no bargin at all.

Stuart

I agree with BigD5 and pmh1nic.