PCGS will grade a "New Haven Restrike" but not an 1811 Restrike

MikeKing

Why is that???

PCGS will grade the so-called 'restrike' of the Fugio cent (which was neither a real restrike NOR done in New Haven), but they won't grade Mickley's famous 1811 restrike of the 1/2 cent (muled).

?????

PerryHall

They would if it were a First Strike Restrike or would that be a First Restrike?

tmot99

They also grade Lesher Dollars but no other So-called Dollar or Monetary Issue.

MrEureka

Why is that???

They probably graded some New Haven Restrikes before they decided upon a policy of not grading outside-of-the-Mint concoctions, and now there's no turning back. In other words, the New Haven Restrike was probably "grandfathered".

For all it's worth, I would prefer that PCGS graded pieces like the 1811 Restrike, provided that they are described in a way that does not imply that they were struck at the Mint. (I call these "Private Restrikes".)

Coxe

Same goes for the 1804 "restrike" (likely also Mickley) cent. (One of the 1802 half cent varieties may also very well be a contemporary counterfeit, struck on common tokens.)

There is one fundamental difference here. The Fugios, while struck per a US government contract, were not produced under the auspices of the US Mint nor were ever legal tender. Therefore, a counterfeit Fugio has a different status.

Unless there is an issue form the Treasury Dept, I see no reason to not slab such issues provided they can be properly authenticated and attributed in most collectible grades and are old enough that further minting upon rediscovery of the counterfeiters' dies would likely be spotted by different planchets or natural die degradation due to age.

BillJones

The New Haven restrike was not a restrike at all. It was a 19th century fabrication of the Fugio cent from a new set of dies.

The 1811 restrike half cent was a frabrication from discarded U.S. mint dies. In a way it seems a little more less legitimate than the New Haven restrike, although both were probably intended to fool new collectors or fill holes for new collectors.

michael

pcgs will eventually certify 1811 mickley restrikes

same with eventually holdering specifically labled "problem coins" all in good time

three consecutive quarters of lower submissions will cause a quicker change for the above