Home› U.S. Coin Forum

do many saint gaudens gold coins have rim bumps on them even high grade ones

coinsscollectcoinsscollect Posts: 103
in U.S. Coin Forum
ive noticed some gem grade ones i even see with some on them

Comments

  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    No, I do not recall seeing many (or any) graded Saints with rim bumps, especially at the gem and higher level, nor what I expect to see them.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • tightbudgettightbudget Posts: 7,299 ✭✭✭
    No, not really.

    And if you see a high grade one with a bump(s), I would pass.
  • OxenhamOxenham Posts: 63
    This 67 Saint has a moderate rim ding above the T an Y. Its more prevalent in hand than the image suggests.

    image
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    No ones ever seen them as the silicone slab old gaskets used to swallow the rims...

    With prongs and edge view your now seeing things you've never noticed before.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • s4nys4ny Posts: 1,573 ✭✭✭


    << <i>This 67 Saint has a moderate rim ding above the T an Y. Its more prevalent in hand than the image suggests.

    image >>



    I don't see how a coin can get a MS67 (let alone CAC) with that rim. I think a lot of the TPG grading
    and CAC is influenced by the name of the submitter. I wish some no name collector would crack this out, take it to a show
    and get it graded on site. MS63?

    I would usually expect a rim bump to be the opposite of this one, that is inward from the edge.
  • OxenhamOxenham Posts: 63
    s4ny,

    Do you have any first hand knowledge that TPG services are influenced by the name of the submitter? I've been told by two separate dealers that occasional favors are performed. I have no knowledge of this. However the TPG services will be put to this test as I will be submitting coins soon, and yes one coin an absolute slam dunk, and yes I am a no name collector! We'll see if they get it right?

    For the record the coin I have imaged here was rejected by my dealer because of the rim ding. I wanted to see the coin because a rim ding is an unusual circumstance. I agreed with him and passed on the coin. I am not sure who owns the coin now?
  • s4nys4ny Posts: 1,573 ✭✭✭


    << <i>s4ny,

    Do you have any first hand knowledge that TPG services are influenced by the name of the submitter? I've been told by two separate dealers that occasional favors are performed. I have no knowledge of this. However the TPG services will be put to this test as I will be submitting coins soon, and yes one coin an absolute slam dunk, and yes I am a no name collector! We'll see if they get it right?

    For the record the coin I have imaged here was rejected by my dealer because of the rim ding. I wanted to see the coin because a rim ding is an unusual circumstance. I agreed with him and passed on the coin. I am not sure who owns the coin now? >>



    If a well respected coin collector walks up to PCGS at a show and says I really like this NGC AU55 1870S Half Eagle I would like
    to submit it for PCGS grading don't you think that there is some chance that the collector's reputation might influence the grade?

    I have no further comments, except that I would love to see that MS67 Saint cracked out and resubmitted as a raw coin.
  • OxenhamOxenham Posts: 63
    Of course the person accepting the coins at the PCGS table knows who the submitters are, however the graders in the back should not know.
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭


    << <i>If a well respected coin collector walks up to PCGS at a show and says I really like this NGC AU55 1870S Half Eagle I would like
    to submit it for PCGS grading don't you think that there is some chance that the collector's reputation might influence the grade? >>


    No.
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I would like to see a close up image straight on of that area between the t & y and rim. This could be a very minor clip which would grade rather than a rim bump which is not supposed to.
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • s4nys4ny Posts: 1,573 ✭✭✭
    PCGS says it is worth between $13,500 (MS67) and $55,000 (MS67+).
    MS66+ is worth $4250.

    Would anyone on this board pay $7000 for it? Don't forget it is the largest mintage of any gold coin the US ever
    minted.

  • L1ncolnF4nL1ncolnF4n Posts: 153


    << <i>PCGS says it is worth between $13,500 (MS67) and $55,000 (MS67+).
    MS66+ is worth $4250.

    Would anyone on this board pay $7000 for it? Don't forget it is the largest mintage of any gold coin the US ever
    minted. >>



    Who do I make the check out to? Auction records show sales over $8k for NGC coins. Just cause it's got a bump doesn't mean it's not a 67. I don't see any marks in the fields or on the devices to preclude the grade and the mark doesn't look serious enough to me to be distracting. What's the reverse look like?
    Specialist in Lincoln Cents, Toned Type, and Slab enthusiast.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>I would like to see a close up image straight on of that area between the t & y and rim. This could be a very minor clip which would grade rather than a rim bump which is not supposed to. >>



    That's not a rim clip planchet error.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • stealerstealer Posts: 4,035 ✭✭✭✭


    << <i>

    << <i>s4ny,

    Do you have any first hand knowledge that TPG services are influenced by the name of the submitter? I've been told by two separate dealers that occasional favors are performed. I have no knowledge of this. However the TPG services will be put to this test as I will be submitting coins soon, and yes one coin an absolute slam dunk, and yes I am a no name collector! We'll see if they get it right?

    For the record the coin I have imaged here was rejected by my dealer because of the rim ding. I wanted to see the coin because a rim ding is an unusual circumstance. I agreed with him and passed on the coin. I am not sure who owns the coin now? >>



    If a well respected coin collector walks up to PCGS at a show and says I really like this NGC AU55 1870S Half Eagle I would like
    to submit it for PCGS grading don't you think that there is some chance that the collector's reputation might influence the grade?

    I have no further comments, except that I would love to see that MS67 Saint cracked out and resubmitted as a raw coin. >>


    You might want to watch the video on this page before you make comments of that nature. Link
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    Good point for the PCGS clear prong holder...... Have you ever dropped a double eagle on ths floor? You never forget the sound.
  • coinsscollectcoinsscollect Posts: 103
    i noticed even some of high grade duckor saint gaudens collection coins had some rim dings and small rim bumps on them
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Saints are heavy coins and the rims will get tiny cuts. Can't say I've ever seen a rim bang on a MS $20 Saint, then again nearly every one I've looked at in the past
    10 yrs has been in a slab.

    That green sticker on that Saint puts it in the $12K to $14K range. JA is a willing buyer. Yeah, sign me up for $7K or $8K.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Cougar1978Cougar1978 Posts: 8,782 ✭✭✭✭✭
    No - I prefer these issues relatively close to melt in MS 64 to MS 65 grade.
    Investor
  • PerryHallPerryHall Posts: 46,848 ✭✭✭✭✭
    I treat rim bumps like heavy copper spots. I'll pass on it unless it's extremely cheap. And, it doesn't matter who slabbed it or who stickered it. I'll let someone else buy it.

    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

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...