That hit kills it!

stinkinlincoln

What a crappy place for a hit...
Do you think the hit in front of the eagle on the reverse limited the grade?

For $45k, Id be looking for an example without the hit, but its a great looking coin otherwise.

Would a hit like that kill this coin for you as a collector?

Tyler1924S

Ouch!

dizzyfoxx

Not sure if 65 is the appropriate grade with a hit like that? In any event, it's a very nice looking coin otherwise.

Tyler1924S

I would have to assume those reed marks are very shallow for them not to hold it back at 64. Would be nice if there were additional photos for that one.

leothelyon

Looks like an AU58 with all the rub or dark areas on the high points. And where's the flash or hints of luster? Looks dull. Market graded? Other pics needed.


Leo

anablep

I'd rather keep my $45K thank you very much...

roadrunner

For a large coin like a seated dollar that was stored in bags and jostled around into the 1960's, that reed hit is not keeping an otherwise worthy coin from MS65 quality. What would concern me more is that typical NGC MS65 seated dollars have typically been worth in the $18-$22K range. If the coin were solid for the grade it would be in a PCGS holder and worth $45K-$55K. But I'd much rather have an otherwise original surfaced and generally choice coin with a single rev field hit that to have one that was overdipped, overbaked, or scrubbed up with lots of remaining fine hairlines. Too many 65's out there fit the latter bill.

The ask price on the coin at $45K might be a stretch imo. Considering that nice 64's are worth in the $5K to $12K range, asking $45K for the coin means it basically needs to be all there or the buyer may be staring at a $20K paper loss right from the start. A CAC sticker would be a starting point. It would be far better to belly up another $5K-10K and get a CAC'd PCGS coin.

roadrunner

speety

I would still welcome the coin into my set!

But Roadrunner brings up a good point. In the upper grades, there is a HUGE gap between PCGS and NGC coins for this series, they are asking PCGS prices, a coin in an NGC holder, even with the CAC sticker, probably won't net more than PCGS MS-64 price. The coin is very nice for the date though, and IIRC the light mintmark shows that it's not a hoard coin. This coin is very common in lower MS, but extremely tough in higher MS grades -- if successfully crossed (doubtful) it'd be tied for the top-pop at PCGS.