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How did this Gobrecht $1 get a straight grade???

mbogomanmbogoman Posts: 5,326 ✭✭✭✭✭
in U.S. Coin Forum
Look to the left of the date on this Gobrecht. It looks to me like the beginnings of hole where the driller changed his mind. Or possible a very scratched up area that was smoothed over (some of the scratches still show). There is certainly a depression. Either way, I don't believe it should have straight graded. And calling the surfaces "problem free" in the description is deceptive at best...

BTW - the area shows up best in the full slab photo, and you must look at the enlargement to see what I am referring to.



Heritage PR35 Gobrecht $1

mbogoman

Asesabi Lutho

https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345

Comments

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    STONESTONE Posts: 15,275 ✭
    $$$$
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭


    << <i>How did this Gobrecht $1 get a straight grade??? >>



    It's a Gobrecht. Market acceptability varies by series.
    Private Mint News | 2010 Lincoln Reverse Finalists
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    TiborTibor Posts: 3,801 ✭✭✭✭✭
    The shield area also bothers me.
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    DennisHDennisH Posts: 14,040 ✭✭✭✭✭


    << <i>It's a Gobrecht. Market acceptability varies by series. >>

    Bingo.
    When in doubt, don't.
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    TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    "Rarity Blinders"

    Also known to make MS-64 coins look like MS-68's, and make crossover upgrades smooth and easy.

    image
    Easily distracted Type Collector
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    As a impaired proof it's already a details coin, but I was expecting to see something far worse.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    123cents123cents Posts: 7,178 ✭✭✭
    Yuup! Looks bad!
    image
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    ScarsdaleCoinScarsdaleCoin Posts: 5,441 ✭✭✭✭✭
    If I hear PR35 I know what to expect
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
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    BillJonesBillJones Posts: 35,864 ✭✭✭✭✭
    I have not seen this coin is person, but I've heard some observers say that the photo of the full slab sometimes provides a better view of the actual appearance of the coin than the close-up pictures. Having said that the coin looks to the classic gray color that one would expect for the VF grade.

    Has the coin been dipped or lightly cleaned? Yes, but it still looks to be market acceptable. As for the shield, that part is among the highest areas of the obverse so the fact that it is worn does not surprise me. One finds the same thing on the worn Seated dollars that were issued later.

    The coin is no gem, but I'm not about to condemn it as over graded "dreck." I've seen worse, included a piece that had been cleaned and holed with roughness on half of the surfaces.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    COALPORTERCOALPORTER Posts: 2,900 ✭✭


    << <i>As a impaired proof it's already a details coin, but I was expecting to see something far worse. >>



    Typically, I would agree, but since Gobrects are all proof strikes and put into circulation, a grade less
    than PR60 does not really mean impaired, imo, like it would for a most any other coin series.

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