Raw 1801 Draped Bust dollar grade opinions needed.*PCGS graded it F15*??

fivecents

Please give your grading opinions on this 1801 Bust 1$. Thanks.

wam98

Very nice.

Julian

It looks very fine to me.

pursuitofliberty

very, very nice coin

these are not my specialty ... but I would wag it's at least a VF, if not Choice

JrGMan2004

I still have some troubles with Draped Bust coins because of the whole open collar/strike weakness thing...

But, I could call this a nice looking VF, though it looks to have been cleaned some time ago

Vetter

I'm not sure how to grade them, but is that a rim bump on the top obv/bottom rev?

ER

VF25-30.

lordmarcovan

Very nice.

I would say VF as well.

TorinoCobra71

Fine/Very Fine

TorinoCobra71

stman

In the VF range, obviously has been boinked with at some time, and this could effect what a grading company might say.
Just depends if there are hairlines readily visible and such. If so, they might net it down a bit.

robertpr

VF20

MikeInFL

<< <i>I'm not sure how to grade them, but is that a rim bump on the top obv/bottom rev? >>



I like the coin a lot. It has a very nice look to it, but that may just be the cleavage talking.

That being said, I agree with the above poster. The rim bump jumped out to me too. May be common for this type, but I'm not a fan of them.

Take care...Mike

lordmarcovan

I didn't even see the rim bump.

Now that I do, it doesn't bother me terribly.

Nocerino18

VF25 - that rim bump doesn't detract much at all

CarlWohlforth

I like the look of that one. Perhaps it is ex-jewlery? That is what the disturbances folks are calling a rim bump look like to me. It would also explain an old cleaning. Regardless I would enjoy owning that coin if the price was right.

RickMilauskas

Looks nice to me...I'll agree VFish. Seems to have worn nice and even with no terribly weak areas.

fivecents

<< <i>I'm not sure how to grade them, but is that a rim bump on the top obv/bottom rev? >>

Yes it is, but it is a very minor bump. The reflection off the plastic of the 2X2 makes it look worse than it is.








<< <i>Perhaps it is ex-jewlery? That is what the disturbances folks are calling a rim bump look like to me. >>

No it definetly wasn't used as a jewlery piece.

Gemini

Looks good to me better than most you see of this date. I have the same date and have been watching these and comparing on e-bay for some time. Yours has a decent strike with even wear and the small rim bumps are not all that uncommon for these.

1907Quarter

I'm right with ER, 25-30, first inclination towards 25

fivecents

I made terms to pay VF money for this 1801 Bust dollar. I had my dealer hold the coin and send it to PCGS, I would pay the grading fee. The coin came back F15. My dealer cracked the coin out and put it back in his case raw for sale at VF money. I decided to buy the coin from him raw at VF money when I know PCGS graded it F15. It is a done deal. Us Bust dollar collectors are so crazy.

ER

Sorry, that's not a F15. No way Jose.

fivecents

<< <i>Sorry, that's not a F15. No way Jose. >>

That's what I was thinking.

mozin

The reverse makes XF40. The obverse is only VF25, no big surprise. My guess is the coin shows some cleaning. The rim bump then drops the overall grade to PCGS F-15. Sorry, but I agree with PCGS.

elwood

<< <i>The coin came back F15. My dealer cracked the coin out and put it back in his case raw for sale at VF money. >>



Here's a good example of why NGC seems to be getting more submissions these days????????

Dealers want their coins graded accurately. Not overgraded (well some do), not undegraded, just accurately graded.

BillJones

The sharpness is VF-25, but the coin was cleaned, perhaps long ago or perhaps not that long ago and expertly retoned. You could get a VF out of NGC, but you could also end up in with a body bag if they need to fill their body bag quota. I've seen worse than this in high-end VF holders, but of course consistency is the hobgoblin of a narrow mind! At any rate in this grade the cleaning does not bother me that much because most early coins have been cleaned at one time or another.

It's a nice coin, and decent representative piece for a medium grade type set or date set. As with all of these coins, price is the key as whether or not it was or is a good deal. I'm not going to name a price, but if I heard one I'd have an up or down reaction.

fivecents

BillJones....greysheet fine is $1325, VF bid is $2350. I paid VF money or $2350 for the coin.

elwood...My dealer didn't even tell me that the coin came back F15 and that he had cracked the coin out and put it back in his case for sale raw at VF money. I had to drag the information out of him. Thats OK I forgive him.

TomB

The possible rim bruise on the reverse is a non-issue for me on this coin in this grade range. Although impossible to tell, the reverse especially looks to have had its original patina removed at some point, though it is now a much nicer color than 90% or more of the extant pieces available in similar grade at shows. The reverse appears to be VF35/EF40 with the claws being too warn but the neck feathers slightly visible near the ribbon. The obverse appears softer and this may be due to striking characteristics, after all the reverse is struck very well, but in my eye the obverse looks F18 (significantly better than fine but not a very fine). A details grade in my opinion and based only on the single set of images would have to be VF25 with any reduction in grade being taken for surface preservation, acquisition of hairlines and the removal of patina. Overall, F15 seems harsh and it would be a spectacular coin at that grade, but I have not held the coin in-hand.

BillJones

<< <i>BillJones....greysheet fine is $1325, VF bid is $2350. I paid VF money or $2350 for the coin. >>



Given the coin's possible problems, $2,350 seems a little steep to me. I offered a 1799 here in PCGS EF-40 that met my standards for $4,100 and got only nibbles from the people here on the board.

I would say that this piece in the PCGS Fine-15 holder would retail for $1,500 or so. Like I wrote before, I think that PCGS net graded the coin, but that's just an opinion.

Sorry guys, 1799 dollar I offered has now been sold.

JJM

very nice details on the rev.............

BigMoose

I believe the coin was net graded as F-15 due to the two rim dings.

morgannut2

I agree it was probably net graded at PCGS due to the toning that at least shows a light clean or dip or two, plus the ding on the reverse. I'd think everyone agrees the details are VF-20 or better. The price is up to you--

fivecents

<< <i>Given the coin's possible problems, $2,350 seems a little steep to me. I offered a 1799 here in PCGS EF-40 that met my standards for $4,100 and got only nibbles from the people here on the board. >>

The 1799 is one of the common dates of the series. Comparing the two is like comparing apples and oranges. imo
I agree PCGS must have net graded this coin. The coins color was probably not the reason it got net graded. The rim bump might be the reason it was net graded.