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1868 $20: Which do you prefer?
BloodMan
Posts: 1,836 ✭✭✭✭✭
I would like to get the opinions of forum members on a pair of 1868 double eagles.
Which 1868 $20 do you prefer?
Both are graded XF 45, but they have dramatically different looks.
Coin A has an original appearance with a few moderate abrasions, and currently resides in an NGC holder. CAC approved the coin with a green sticker.
Coin B has fewer marks and hits compared with Coin A. Coin B was originally in an NGC XF45 holder and crossed to PCGS at the same grade on the first attempt. The coin was submitted to CAC, but did not receive a sticker (no explanation was given).
All comments are welcome. Thanks in advance.
++Coin A++
++Coin B++
Which 1868 $20 do you prefer?
Both are graded XF 45, but they have dramatically different looks.
Coin A has an original appearance with a few moderate abrasions, and currently resides in an NGC holder. CAC approved the coin with a green sticker.
Coin B has fewer marks and hits compared with Coin A. Coin B was originally in an NGC XF45 holder and crossed to PCGS at the same grade on the first attempt. The coin was submitted to CAC, but did not receive a sticker (no explanation was given).
All comments are welcome. Thanks in advance.
++Coin A++
++Coin B++
0
Comments
Though not the same date, here is my 1866 in PCGS 45, which has the preferred ryk look:
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<< <i>To be honest, I do not love either. Coin A has the ryk "look" but is a little too hacked for my taste. Coin B has an odd color and surfaces to my eye (based on the photo).
Though not the same date, here is my 1866 in PCGS 45, which has the preferred ryk look:
Agree. Nice 66 RYK.
K
My 1866 Philly Mint Set
Coin B certainly looks dipped, but I didn't know that dipping was enough to keep a coin from being "beaned."
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<< <i>Coin B certainly looks dipped, but I didn't know that dipping was enough to keep a coin from being "beaned." >>
I don't think the dipping was so much the problem as the appeal impairment it caused.
Personally I would keep A.
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
<< <i>I am with neither. >>
I would be very happy with either coin in case someone is looking to buy me something for Christmas.
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
<< <i>Both have positive and negative attributes but if I had to pick one it would be B. >>
My feeling too.
<< <i>
<< <i>Both have positive and negative attributes but if I had to pick one it would be B. >>
My feeling too. >>
Same here
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
I like the additonal luster than coin B has. And it's not cleaned enough to be that detrimental. Won't matter though as in a few years
both will be worth the price of 1 oz of gold.
With 46 forum members responding to the poll, 37% selected Coin A (1868 $20 NGC XF45 CAC), 59% selected Coin B (1868 $20 PCGS XF45) and 4% selected “Show me the results.”
I agree that both have positive and negative attributes, but if I had to choose a single coin, it be Coin B, though it is a tough choice. In this case, the fewer marks and hits on Coin B slightly outweigh the originality of Coin A.
Finding an eye appealing 1868 $20 is challenging since it is the scarcest Philadelphia type two double eagle. Its overall rarity surpasses the highly regarded ’72-CC and ’73-CC type 2 issues, and approaches that of the much heralded’71-CC double eagle.
<< <i>I like the additonal luster than coin B has. And it's not cleaned enough to be that detrimental. Won't matter though as in a few years
both will be worth the price of 1 oz of gold. >>
Roadrunner—While I agree that the premiums for slightly better date Liberty and Saint Gaudens double eagles will continue to shrink as the price of gold increases, I think the 1868 $20 is a legitimately scare date, which will command a premium even in XF45. In support of this, Heritage has only sold 5 XF45s in the past 5 years (including both PCGS and NGC), and none has sold in the past 3 years.
Also, if type two double eagles are promoted in the future, the 1868 has a lot to gain as one of the scarcest dates.