1874-cc dime GTG
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I don't care about your biased allegiance to the brand of holder, but rather whats in the holder
regardless of how many posts I have, I don't consider myself an "expert" at anything
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Net to VF20 for pricing purposes.I would be hard-pressed to take much less than 20K if this coin were mine and I was trying to sell it.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
<< <i>vf details.......damage, cleaned and EV. >>
Exactly my thought.
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Don't think I would pay near 20K for it though.
I wish I had my nice original good back!
I'd grade it XF details. Net value of a F-VF coin. If by some chance this was given a "pass" then it should be in a VF holder. Compared to the typically seen corroded and mangled coins, this one is pretty nice....maybe in the upper half of all coins from a "problem-free" perspective. I doubt there's more than a 2-3 dozen problem free coins in existence. The rarest "collectible" CC seated coin.
Back in the 1974 this date listed in Coin World trends in XF for $750. It was the number 1 coin on so many want lists. Regardless, it tended to trade for up to 2X listed levels. It probably took 30-35 years before the price lists finally caught up with real price of the 74-cc dimes. And that was one reason I never bought a top-notch specimen. I just couldn't bring myself to pay 2X what the "listed" price was. And 40 years later....still don't own one. I did own a problematic example around 1976 that was like F-VF details and heavily hacked up. I sold it for around Good 4 money. Never dreamed it would be the last one I ever owned. I was sure I was going to discover a sleeper unc at a show or auction someday. Yeah right..........
<< <i>PCGS has not given any of these coins this grade, but my net grade would be VF-25. The sharpness is close to EF, with the reverse all there, with exception of the scratch. The obverse has had a bit of cleaning, and there are some spots. Still I think of what a VF-20 would look like these days, so VF-25 seems fair. >>
I also agree with Bill Jones analysis, but I would net it to VF-20.
A rare coin, and much better than usually seen.
I really need to get busy on my time travel project....Einstein theorized that time travel is possible...
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
When we are planning for posterity, we ought to remember that virtue is not hereditary.
Thomas Paine
<< <i>If I recall this coin is graded XF , looked at it in auction lots a few years ago when it came up. Had it been any other date, they would have bagged it due to the horrendous "dig" on reverse. >>
I had a PCGS VF-25 or VF-30 1872-s 25c sent to me about 6-8 years ago. It seemed like a fantastic deal for this date. Upon inspection both sides had a lot of blackening as if once in a fire. There was also a significant scratch right running mostly left to right across much of the the eagle....longer but not as wide as the gouge on this 74-cc dime. I hated to send such an elusive coin back but was afraid at some point in time the coin could morph into "genuine." A couple years later I saw it hit auction and fetch over $1,000 more!
Put it in a envelope and wait 10-15 years and it will look a lot nicer.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
I agree.
<< <i>40 ... and in a secure holder. my point is, that had it been a more common date it probably would have been BB'd for at least one of its problems, or graded much lower. I grade it AU ...an acronym for "Awful Ugly" >>
I had the exact issue with a VF30 '72-CC quarter that appeared here a few years ago. I paid for it via an escrow service, and promptly shipped it back to the seller on receipt, telling them that they should take PCGS' opinion with a huge grain of salt.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
I personally would sell it and use the money to buy a problem free one.
This is Jim Gray's former coin graded NGC AU53 - PCGS would not cross it at a 50, they wanted to grade it a 45 so if your coin is a 40 how do you think it compares?
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
I see the grade now after i guessed in the other thread.
I would never buy the '74-cc subject of this GTG as XF40.It's easily a $15K,possibly $20K (on a good day) coin though,in my opinion.That said,many,if not most, surviving '74-CC's do not look nearly as nice as this one.The damage on the reverse is limited to the 'N E'.The die crack in 'C C',that all genuine '74-cc's should have,is not damaged.This should be a very important consideration for anyone who needs a '74-cc for their collection regardless of grade,regardless of "acceptable" damage that might otherwise be present.Extremely rare,rare as hen's teeth as someone here mentioned.According to Greer,R5 in grades below XF.Details XF.Price at VF.
XF 45 is definitely too low a grade for a cross on the ex Gray piece,in my opinion.No cross at 50 either? Puzzling.NGC undergraded Jim Gray's coin,in my opinion.I still think its an AU55.
The real issue is pricing.I see in my Coin World mag from April that a '74-cc dime is supposed to be a $45K coin in AU50.No prices shown for higher grades.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein