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Newp - $20 Lib Guess the grade - grade revealed

MoonbiterMoonbiter Posts: 652 ✭✭
in U.S. Coin Forum
SUCCESS! I finally found a nice looking Liberty head double eagle for my daughter. Yes, it's a common as dirt 1904 but the coin imo is very nice and was hard to pass up. Could I have found one that was a little better date as good? Yes, but who knows when. What I have learned, is you should not pass up a nice looking coin in something you are looking for. The hairlines on this coin are much easier to see in the photo then in hand, as you need magnification to see them, except for one small patch at the back of libertys head. I paid a very good price for the coin and was surprised at the deal on this coin. The only thing disappointing, is that my daughter was not with me when I found it at the show today. Kind of takes the excitement out of it a bit, but I'm sure she'll like it, when she see's it in Nov.

It's in a PCGS holder, and guess what grade PCGS gave this coin. Grade will be revealed late tomorrow afternoon.



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Comments

  • coinkatcoinkat Posts: 23,306 ✭✭✭✭✭
    I think the fields make this one very tough to grade without seeing in hand... sorry, but I would rather write what I think

    Experience the World through Numismatics...it's more than you can imagine.

  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    PCGS AU-58 based on what I perceive from the photo to be very light circulation hairline scratches on the obverse in the unprotected portions of the fields.

    She looks like a very lustrous attractive 1904 Double Eagle. Congrats for your daughter! image

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭
    Based on all the hairlines, it looks like it has been lightly circulated so I'll guess AU58.

    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

  • RWBRWB Posts: 8,082 ✭
    AU-55
  • BloodManBloodMan Posts: 1,835 ✭✭✭✭✭
    Moonbiter,
    Congratulations on your purchase. I bet your daughter will love this big gold coin!
    My guess would be AU58 considering the light rub on the cheek, and abrasions in the fields. It appears to have nice luster and does not have any major distractions, however, it does show small abrasions across the surfaces, which I suspect the lighting conditions are amplifying. I would prefer to have this coin over modern bullion.
  • MoonbiterMoonbiter Posts: 652 ✭✭
    Yes, the light is really bringing out the hairlines on this coin. In hand under good lighting, the coin is very pleasing to look at and has excellent luster. I really wish my photography skills where better, to catch the actual looks of this coin.
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    au61
    Early Dollar Set
  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭


    << <i>au61 >>



    Is that anything like MS58?image

    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

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    63
    Avid collector of GSA's.
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭


    << <i>

    << <i>au61 >>



    Is that anything like MS58?image >>



    I've seen a few of those. No detectable wear on the highpoints but a myriad of contact marks in the fields.
    Early Dollar Set
  • ConnecticoinConnecticoin Posts: 12,918 ✭✭✭✭✭
    58
    *For Sale on BST* *For Sale on Ebay*
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Technical AU58. Whether it has been market graded into a low MS holder, I can't say...
  • stevendanielsstevendaniels Posts: 378
    I would say a true 58, but it wouldn't suprise me if it is in a 61 holder.
    Perfect Transactions-Jamericon, bestclser1, DNADave, CoinAuctionsHelp, cucamongacoin, SeaEagleCoins(2), Walkerguy21D, tigermaroo, stainless, keets, pakasmom(2), ELKevvo, joebb1, bstat1020, Hmann, DRUNNER, BigJohnD
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    63 or 4 Nice. image


    Hoard the keys.
  • jdillanejdillane Posts: 2,365 ✭✭✭
    MS62
  • MoonbiterMoonbiter Posts: 652 ✭✭
    PCGS gave it a 62. To me, it's either an AU-58 super slider or has a shot at 63. Regardless of what it really is, it's a beautiful coin in hand and the pictures do amplify the hairlines which are not easily seen in hand. The coin has LOTS of luster and the cartwheel effect is beautiful on the coin. If it's a super slider, I paid premium money for it but it is worth the money I paid for it to me. The coin looks great, and it's not really an investment coin. It was a coin for my daughter, to do with how she sees fit down the road. I'm sure if she ever sells it, she will get what I put into, or more. She is the first person in the family to own a double eagle.

    image
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    MoonBiter: It's an attractive $20 Liberty Double Eagle regardless of whether it has an AU-58 or MS-62 grade on the slab. Congratulations! image

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭
    Love the Double Eaglesimage
    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • MoonbiterMoonbiter Posts: 652 ✭✭
    I was hoping for a slightly better date, but what I have found, is if you find something nice, purchase it. Nice looking coins are not easy to come by all the time. Granted I've only been looking for a $20 Lib for about 6 months, but this is the first coin I've come across that actually said buy me, and made me stop and study it for awhile to see if it actually looked as good as it's first impression.
  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭
    Recently sold to a fourm member for MS62 comparo.

    image
    image
    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    MoonBiter: How do you like this Prooflike $20 Gold Double Eagle? image I like it a lot (especially at 2006 Gold prices). image

    1904 NGC MS-62 Prooflike (PL) $20 Gold Liberty Double Eagle
    image

    image

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • MoonbiterMoonbiter Posts: 652 ✭✭
    Nice PL coin.
  • BloodManBloodMan Posts: 1,835 ✭✭✭✭✭
    Stuart--Nice prooflike gold.

    Here are two 1907 double eagles both MS62. The first is in a PCGS OGH, the second is in an NGC PL holder. Prooflike double eagles can be challenging to find.

    imageimage

    imageimage

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    To all those that called it an AU58 or worse - where are the circulation marks in the fields? AU58 gold shows them in abundance.
    Early Dollar Set
  • Halfhunter06Halfhunter06 Posts: 1,332 ✭✭✭
    i was thinking 61, so no argument over a 62 here
  • coinkatcoinkat Posts: 23,306 ✭✭✭✭✭
    I do not see a 62 here

    Experience the World through Numismatics...it's more than you can imagine.

  • PerryHallPerryHall Posts: 46,291 ✭✭✭✭✭


    << <i>I do not see a 62 here >>



    Agree. Market grading at its finest.

    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

  • coinkatcoinkat Posts: 23,306 ✭✭✭✭✭
    Excuse me but... "Missed the mark grading at its finest" seems to be more appropriate for this one

    Experience the World through Numismatics...it's more than you can imagine.

  • coinkatcoinkat Posts: 23,306 ✭✭✭✭✭
    I am not attempting to be difficult here- the coin is likely a commercial Unc- it is the most common date of the series and this example is okay for a commercial unc. I recall having 20 Libs graded by NGC , PCGS and ANACs that graded 61 and 62 that look significantly better than this one. I think the standards for this series have loosened or 8-10 years ago they were significantly tighter

    Experience the World through Numismatics...it's more than you can imagine.

  • MoonbiterMoonbiter Posts: 652 ✭✭
    I'm not going to argue with you considering the pics. Looking at the pics I would agree with not seeing a 62 here. However I think you would change your mind if you had the coin in hand. You just don't know how much the lighting amplifies the hairlines on this coin.
  • coinkatcoinkat Posts: 23,306 ✭✭✭✭✭
    It can be problematic grading coins from images...

    Experience the World through Numismatics...it's more than you can imagine.

  • fcfc Posts: 12,793 ✭✭✭
    i was going to guess 58 based on what i think is wear on the obv.
    basically my difference in opinion versus the tpgs is why i no longer
    have an interest in lower MS graded gold. it is like i have to go 64
    or higher to be really pleased with MS gold coins. the price difference
    between 60-63 and 64 shows the market basically agrees too when
    it came to me shopping around for half eagles.

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