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Newman 1794 dollar

tradedollarnuttradedollarnut Posts: 20,198 ✭✭✭✭✭
Now graded AU50. Very pretty coin!

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  • Sunshine Rare CoinsSunshine Rare Coins Posts: 2,336 ✭✭✭✭✭
    Part of Newman part V to be auctioned by Heritage in November in NYC

    Text
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Pics?
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • I know this has most likely been asked but what was the major consideration for the use of NGC to grade these coins?
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭


    << <i>I know this has most likely been asked but what was the major consideration for the use of NGC to grade these coins? >>



    Since the grading services benefit from having "big coins" seen in their holders, there is probably a significant discount given....to the point of being free? Special labels....wining and dining? Who knows...

    And for truely extraordinary coins, the holder doesn't matter. I doubt any serious buyer or dealer looks at them and says, "Nope...Not in my preferred holder. I'll wait for the next one." image
    Easily distracted Type Collector
  • Thank you TT as that makes sense, buy the coin not the holder. I also wonder if NGC went after these hard to beable to say see see what we have in our holder nah nah...
  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭


    << <i>I know this has most likely been asked but what was the major consideration for the use of NGC to grade these coins? >>



    …I may be wrong but it could have been because NGC is the official grading service for the ANA and PNG?

    Erik
  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭


    << <i>Now graded AU50. Very pretty coin! >>



    Question - I rarely look at coins I know I will never be able to afford. Do you think it is properly graded?
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,554 ✭✭✭✭✭
    AU50+ , if you asked me.

    +1 on the way to 100
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>Pics? >>



    I think this is the one:
    image
    image
  • mdwoodsmdwoods Posts: 5,559 ✭✭✭
    Nice 93 Liberty cap cent.
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭


    << <i>I know this has most likely been asked but what was the major consideration for the use of NGC to grade these coins? >>



    That's a real nice looking AU50 1794 dollar. Just perfect for an "everyman set." image

    In my mind, they were going to give the overall highest grades. Now while that might hurt you in a collection where the cross rate fells well under 50%, I don't think it's a risk at all with a super fresh collection like Newman that is basically a once in a lifetime opportunity to acquire eye-appealing coins off the market for 60-80 years. The market was going to love these coins regardless of the holder and grades. So why not go with the highest grades possible? That puts the market risk on the buyers to get the grade and crosses right. And no doubt NGC knew they were in the spot light so they were also going to give the coins every pt they deserved...but not be stupid about it either. I also think that PCGS might have been a lot tougher about no grading some of those "colorful" Colonel Green pedigreed coins. I'd have gone with NGC too. Maybe there were other factors involved besides just the grades of the coins. But grading had to play a big role.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • 1Bustcollector1Bustcollector Posts: 577 ✭✭✭
    [URL=http://s270.photobucket.com/user/quarterguy/media/1794A_zpsdd33d113.jpg.html]image[/URL]



    Ok, please somebody help......How do I remove the IMG tag from the attached file? And how come my pictures are not at the left side of the page? I feel so dumb....
    Persuing choice countermarked coinage on 2 reales.

    Enjoyed numismatic conversations with Eric P. Newman, Dave Akers, Jules Reiver, David Davis, Russ Logan, John McCloskey, Kirk Gorman, W. David Perkins...
  • MsMorrisineMsMorrisine Posts: 35,680 ✭✭✭✭✭
    I realize it is a 50 but I don't like the way the cheek looks. The eagle's breast looks better but still not to my liking.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    I kinda get a kick out of the 1867 $20 in MS66. That's something I would not have guessed I'd ever see.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    I think it looks awesome! AU50 is not MS!
  • 1Bustcollector1Bustcollector Posts: 577 ✭✭✭
    Here is a test pic that should be properly "left justified"! Thanks Lance!!!
    image
    Persuing choice countermarked coinage on 2 reales.

    Enjoyed numismatic conversations with Eric P. Newman, Dave Akers, Jules Reiver, David Davis, Russ Logan, John McCloskey, Kirk Gorman, W. David Perkins...
  • BillJonesBillJones Posts: 34,758 ✭✭✭✭✭


    << <i>I realize it is a 50 but I don't like the way the cheek looks. The eagle's breast looks better but still not to my liking. >>



    I think what see is what the old timers called "envelope friction." It is distracting to some eyes, but it still agree with the AU-50 grade and would very happy with that coin if it was within my price range, which it isn't.
    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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