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Potentail Gold NEWP - could use some advice here....

JJMJJM Posts: 8,089 ✭✭✭✭✭
I posted a few days back what I thought was my finished gold short set (all XF-AU), till my local dealer / friend came in today with this coin....The coin in hand looks a little bit better than the pic shows, especially the luster..... but what do you make of .....

1) the grade?

2) the black spot on the Obv, under a loupe it looks like "rubber or scuff of some sort" on the surface, not dug in...not distracting till you magnify the coin

3) strike, the date in particular seems to get stronger as the numerals progress

this is the first $1 gold I've really looked at , the price is right....whatcha think ?????


image
image

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Comments

  • partagaspartagas Posts: 2,056 ✭✭✭
    Nice collection. The dollar looks good detail wise, not too many marks. It is probably just your pics, but where is the luster?

    A coin with AU detail should have some luster left. Detail wise, it looks like it should fit into your collection.
    If I say something in the woods, and my wife isn't around. Am I still wrong?
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    From the images it looks like a (lightly?) cleaned AU piece to me. The dark streak at approximately 5:00 on the obverse, might be a grease streak.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    What is "potentail"?
  • JJMJJM Posts: 8,089 ✭✭✭✭✭


    << <i>From the images it looks like a (lightly?) cleaned AU piece to me. The dark streak at approximately 5:00 on the obverse, might be a grease streak. >>



    can anything be done for the grease safely?
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  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>

    << <i>From the images it looks like a (lightly?) cleaned AU piece to me. The dark streak at approximately 5:00 on the obverse, might be a grease streak. >>



    can anything be done for the grease safely? >>

    I don't know for certain but my best guess is no.
  • Saw an 1851 at a pawn shop, not quite as nice as this one, but very close.

    They said $150 was the best they could do and I thought that was a tad high.

    Any thoughts?
  • JJMJJM Posts: 8,089 ✭✭✭✭✭


    << <i>What is "potentail"? >>



    Uhmm, This dealer drops off stuff for review and I have a few days to look it over.... The potential is I may get this one......image
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  • BillJonesBillJones Posts: 34,840 ✭✭✭✭✭
    It has AU sharpness, but it's kind of chippy because of all the marks on Ms. Liberty's cheek and in the field. These were light coins, and they normally did not pick up marks like the much heavier $20 gold pieces did. I'd call this one below average for the grade mark-wise.

    I'd net grade this to EF, and would say you could do better. 1852 is the second most common date in the Type 1 gold dollar series (1853-P is the most common) and the spread from EF-40 to MS-60 is only $45 ($165 to $210) on the Gray Sheet. And this is the type coin that does not command much of a premium.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • mcheathmcheath Posts: 2,439 ✭✭✭
    i agree that it is au 55/58 and looks pretty nice. im not sure if it has been cleaned as coinguy1 suggest but it would probably slab at the major tpgs. i think around $175 would be fair price if the luster indicates a nice au coin.
  • VTCoinsVTCoins Posts: 1,361 ✭✭✭
    Looks like a nice AU to me.
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  • PerryHallPerryHall Posts: 46,873 ✭✭✭✭✭
    I don't see anything in the pic that would indicate anything but an original coin. Mark---What makes you think its cleaned? The most important thing is the coin looks authentic. This series is very heavily counterfeited and raw coins should be avoided unless you are an expert authenticator.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
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  • JJMJJM Posts: 8,089 ✭✭✭✭✭


    << <i>I don't see anything in the pic that would indicate anything but an original coin. Mark---What makes you think its cleaned? The most important thing is the coin looks authentic. This series is very heavily counterfeited and raw coins should be avoided unless you are an expert authenticator. >>



    Then can I assume you think it is authentic?....
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  • PerryHallPerryHall Posts: 46,873 ✭✭✭✭✭


    << <i>

    << <i>I don't see anything in the pic that would indicate anything but an original coin. Mark---What makes you think its cleaned? The most important thing is the coin looks authentic. This series is very heavily counterfeited and raw coins should be avoided unless you are an expert authenticator. >>



    Then can I assume you think it is authentic?.... >>



    Yes. It looks real to me but it would have to be examined in hand to make a definitive declaration of authenticity. Looks like a nice addition to your circ gold set.






    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • is that a die crack leading from the first A in america to the rim? or a scratch?
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  • PerryHallPerryHall Posts: 46,873 ✭✭✭✭✭
    Small gold coins such as this one were extensively used for jewelry so be sure to check the edge for traces of solder or evidence of solder having been removed.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • JJMJJM Posts: 8,089 ✭✭✭✭✭


    << <i>is that a die crack leading from the first A in america to the rim? or a scratch? >>



    a quick look makes me think a crack, the damn thing is pretty small, and it would have been hard to have a scratch not hit the A or the rim on such a small area, which is the case.............

    good observation, im missed that
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  • JJMJJM Posts: 8,089 ✭✭✭✭✭


    << <i>Small gold coins such as this one were extensively used for jewelry so be sure to check the edge for traces of solder or evidence of solder having been removed. >>



    I did , all looks good there, thx

    I thought the date looked funny ?????...no?

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  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>I don't see anything in the pic that would indicate anything but an original coin. Mark---What makes you think its cleaned? The most important thing is the coin looks authentic. This series is very heavily counterfeited and raw coins should be avoided unless you are an expert authenticator. >>

    The sheen on Liberty's face looks unnatural - perhaps it's just the lighting/imaging. Also, for a coin with what look to be AU details, the luster looks a bit off, as well.
  • JJMJJM Posts: 8,089 ✭✭✭✭✭
    this was a "lay the coin on a blue plate under a 15watt undercounter flouresent 30 second shoot"....there is some AU luster that I was surprised didnt show up....

    I really appreciate all the great info, this is a new coin to me that I havent spent to much time on
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  • CladiatorCladiator Posts: 18,254 ✭✭✭✭✭
    Die cracks on lustery gold are cool. image

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