CANADA 1875H 10 cent coin--Would appreciate help with grading

YQQ · June 12, 2011 6:10AM

Would appreciate some help grading a Canadian 1875H 10 Cent piece.
Any and all comments are welcome and appreciated.
I can say with absolute certainty that the coin is NOT a Chinese forgery.

I am just not experienced enough to come up with a proper minimum grade this coin could get either from a Canadian TPG or a USA based grader.
I received this coin from Europe on Friday and did post similar questions on another forum.
There I received 2 very valuable inputs from very respected and experienced members.
However, the coin is rare and fairly expensive.
So I need to make a decision to either keep it or return it. Hence, I am seeking more “expert” advise.
If anyone needs or wants .jpeg large images, just let me know.

Thank you all so much for your help with this one.
H

Questions for Canada 1875H 10 cent:

1 what is the obverse and reverse grade of the 1875H 10 cent considering everything listed below?

2 What would the coins final grade be?

3 Do the “dings” , reverse side, under the N and under the 87 affect the grade and if so, by what degree? Or, will the coin just be graded and comments made referencing this slight issue?

4 Is the date double punched or re-engraved or none of the two?

5 Is the 1 and 0 in 10 double punched or re-engraved or perhaps triple punched ?

6 Is the word Cents double or triple re-engraved or re- punched?
It appears that the C is definitely triple.

7 Do the different variations / varieties within this coin have a significant or any influence on the price?

8 And finally…..what should one maximum pay for this coin?

coinkat · June 12, 2011 6:45AM

I like the coin

Split grading is really a thing of the past- the total grade matters and usually the obverse of the coin will carry the grade and the reverse can only detract from a grade.

Have said that, this is very tough one to grade- the images are excellent and large. I would tend to grade this one 61 even though some may say AU. I will give this one the benefit of any doubts- I like the looks on the high points. The coin is .925 silver and it will have a slightly different look. The dings are what prevent me from suggesting a higher grade.

I think the real Canadian Victoria 10 Cents specialist will look at this and recognize the die variety- I am not able to do that with the Victorian Dimes.

This is a terrific coin and I am not offering an opinion on the value because even though I may like the look of this one - others may look at this one more critically. I think I will be in the minority with a 61- likely others will be in the 58 and possibly in 55 range. I just don't see it that way from the images.

I am not sure this helps- but perhaps the other questions you should consider are- How oftern have you seen the coin? When you have seen it, what did it look like? And finally is it quality for the grade- I think it does represent quality up through 61

ormandh · June 12, 2011 7:19AM

I would grade it a 50-55. It sort of looks cleaned, but then again I see luster.

Good luck and welcome to the boards!

-Dan

Edited to add that I see some luster around the devices which is why I give it a 50, maybe a 55.

Pokermandude · June 12, 2011 10:18AM

I'd say 53, maybe 55 as well. There's a big enough hole in the lustre on both sides, as well as light circulation marks, to keep it out of MS territory IMO. I don't believe it has been cleaned based on the pics presented, but I can't say for sure.

Nice coin!

The dings/light circulation makrs are, IMO, fairly insignificant. It's to be expected on a circulated sterling silver coin. Under a thick loupe if you look hard enough you'll see all sorts of small unpleasant abrasions and lines on pretty much any AU55 and lower coin. If your coin had the same lustre breaks, but with hardly any marks, then I'd think AU55-58 would be about right.

My (quite old now, 6 months or so) Canadian Coin News trends lists it at $5k (CDN $) in AU50, $8k in MS60. The CCN values, especially for 5c, 10c and 25c pieces does seem overly optimistic though, especially in the higher EF+ grades. I'd do a search on the heritage auctions, but I'd imagine if it was in a problem free ICCS AU55 holder it might go for around $3500-4000 with BP.

Pokermandude · June 12, 2011 10:25AM

FWIW I just searched Heritage and the only similar hit was a PCGS AU55 that sold for $2990 (inc. BP) back in January 2006. You'll have to sign up (free) to see the images I believe.

Heritage

I'd say there's about equal wear on this coin and yours, but the Heritage one has much cleaner fields.

DoubleEagle59 · June 12, 2011 10:39AM

There's no way ICCS would grade that coin an AU.

EF40 or possibly EF45.

I agree with you YQQ that it is absolutely not a Chinese forgery.

DoubleEagle59 · June 12, 2011 10:51AM

If you don't mind me asking 'How much is it costing you?"

1960NYGiants · June 12, 2011 11:33AM

I would not be surprised to see that coin in an AU50 thru 58 holder depending on the lustre. The contact marks and very light friction lines keep it out of an MS holder.

I think the doubling is die deterioration and/or mechanical because it is in the same direction and width on all letters.

As for price: well that depends. The market is soft right now with many key date coins selling between 50-60% of CCN Trends at major auctions. My guess is that piece would sell for $2500 to $3000 at auction. Theres an ICCS EF40 piece in the Torex auction next week with at start bid of $1875.

BTW - great photos and welcome to the PCGS boards

Pokermandude · June 12, 2011 7:05PM

<< <i>There's no way ICCS would grade that coin an AU.

EF40 or possibly EF45. >>

Think the marks would hold it back that much? I think it probably looks much better in hand, seems to me that the lighting/size of the photos is over emphasizing them. It most definitely has AU details.

Ebay AU55 Vicky 10c for comparison

cladking · June 13, 2011 11:29AM

I'm a brutal grader with world coins. I'm concerned about the rough rim and
think it's an XF-45 even without the roughness. My primary concern is that it
looks like it could have a repaired hole at 2 O'Clock.

It's not an unattractive coin so if there's no hole I'd be willing to own it.

Welcome aboard.

YQQ · June 13, 2011 1:08PM

Definitely NO hole...( have coin in hand)
the rims are consistent with the issues of that time. So I was told just a couple of hours ago by a reputable dealer who is very (honest) and knowledgeable with these pieces.
he also suggested there is a die clash....
perhaps someone could confirm this... below the bun , looks like V... and apparently all around the bottom. he suggested the "V" is an imprint of a leaf.....
well, it gets more interesting.....
his grade evaluation.... AU50+
he suggested the regular wear will not degrade the coin. Said it is NOT MS but, on a good day, could come out as a 55.....
wow.... lucky me......, as I bought it on speculation... and hope....
so when the time comes to sell it.... who knows where the chips may fall???

further comments are much appreciated...
thank you all so far for your help
H

YQQ · June 13, 2011 1:12PM

Thank you all
for your warm welcome.....
I enjoy this forum a lot...
H

worldcoinguy · June 14, 2011 3:44PM

Welcome to the forum YQQ! From your handful of posts that I have seen it looks like you have quite a bit of knowledge to contribute/share.

My guess would be AU50 in a top tier US holder, but take it with a grain of salt considering I do not own one Canadian piece.

YQQ · June 15, 2011 2:16AM

Thank you Worldcoinguy...
mmmmm, not to own some of the best coins in the world.... Canadian Coins....
well now, that might be a huge void......
just compare prices by mintages and you know why... especially Newfoundland coins....
But, to each its own...
on the other side, I do not own any US coin.......there are just way toooooooo many, too confusing.

thank you all..

DorkGirl · June 16, 2011 1:16AM

CANADA 1875H 10 cent coin--Would appreciate help with grading

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