Scratched Charlotte or Dahlonega gold coins...
ajman
Posts: 1,359 ✭✭✭
if PCGS blesses a coin with an AU grade in a problem free holder with an obvious thin scratch that can be seen when tilted in the right light, how are they able to tell that it happened in circulation (which would warrant a true grade verses damaged or graffiti and ungradable) or is it that they just market graded it because these coins are scarce or rare overall? This is my coin, it is in a problem-free AU55 holder. 1851-C G$1 Thanks in advance for your replies.
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Comments
<< <i>(which would warrant a true grade verses damaged or graffiti and ungradable) >>
I do not think this is correct. The determining factor is the severity of the scratch, and if it is a particularly rare coin they are more lenient. I would assume it was market graded down due to the scratch.
I am a total newbie so someone correct me if mistaken, but that is my understanding of the issue.
Older appearing, minor scratches that are less reflective or 'dirtier' and blend in with the surface of the coin are more likely to be deemed MA than fresher, newer scratches that stand out, in my experience.
The above does not apply to just C or D gold, but to most classic coins.
If the scrach bugs you, return because chances are you will never be happy with the coin. But if you can put it into perspective, it's not the worst thing in the world.
An interesting aspect to this particular coin is the silvery-colored areas on the obverse, which are iridium impurities in the alloy. The occurrence of iridium impurities during this period in Dahlonega is well-documented in the literature.
<< <i>Here's a Dahlonega half eagle that I bought in a "Gennie" holder because I really liked the coin and thought that the old pinscratched "X" on the reverse was relatively minor. The 1855-D is considered the 3rd rarest Dahlonega half eagle. I already had an XF40 1855-D $5 in an OGH (ex-John Pittman), but I couldn't pass up this one, as it was priced very reasonably.
An interesting aspect to this particular coin is the silvery-colored areas on the obverse, which are iridium impurities in the alloy. The occurrence of iridium impurities during this period in Dahlonega is well-documented in the literature.
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An "X" is worse than a plain old scratch because it shows some intellegence (or perhaps a lack of it) or intent. Aside from the scratch that 1855-D half eagle is a really beautiful circulated example, and I can see why you bought at the right price.
<< <i>Does anyone else have an opinion on how a scratch like the one shown on my coin gets to be on the coin? I guess I'm just looking to learn about these things and if clash marks on scarce coins from these two mints are cool or distracting. >>
I think people back in the day wanted to see if the coin was real gold.
<< <i>
<< <i>Does anyone else have an opinion on how a scratch like the one shown on my coin gets to be on the coin? I guess I'm just looking to learn about these things and if clash marks on scarce coins from these two mints are cool or distracting. >>
I think people back in the day wanted to see if the coin was real gold. >>
It's possible I guess, but I don't think this scratch was purposely made. I did however buy it on impulse on the sellers pics that I think were purposely photo'd to hide the scratch. If I had seen it beforehand I probably wouldn't have bought it. It was a no returns accepted which should've been my first clue but I think I could've returned it either by talking to the seller directly about my concerns or by a SNAD dispute but I chose not to do that. Oh well I like the the coin it's just that the scratch is something that my eyes will always know that is there and is somewhat distracting.
In general, I'd say there are a number of collectors who find clash marks really cool - especially on gold coins (which I don't think I've seen in person).
edited to add: I agree with BillJones, that looks like a staple scratch to me.
Check out the Southern Gold Society