1876-CC Trade $1. Oh wise Trade Dollar experts, please offer your comments!

mbogoman

I do not own this coin, nor are the pictures mine (I pulled them from the NGC Cert lookup page), so please forgive the quality. The coin is in an AU53 slab. What do you think with respect to originality and eye appeal? Graded correctly? This is intended as a learning exercise. Thanks in advance

stealer

Not original, graded "correctly" - 58 details and 50 luster. Not attractive to me.

I don't know how recently this was graded, but if it's really fresh, it's good to see that NGC is finally starting to recognize that nobody in the market will pay 58 money purely for 58 details. They were/have been on the details based grading train for far too long.

BustHalfBrian

To me it looks VF, but maybe it's just the lousy pics. I don't see nearly enough luster to warrant a grade higher than low AU, because once you reach AU55, luster is almost always necessary.

123cents

I can see it as a AU-53 but with negative eye appeal.

ricko

Kind of cruddy.... but an acetone wash might reveal more... Cheers, RickO

numislover101

XF-40 or details. Look like surface has been cleaned or wiped.

BillJones

I think that the technical grade of AU-53 is probably accurate, but from this picture the coin has poor eye appeal. The surfaces are dark without being inviting. I think NGC has graded it properly, but value goes beyond technical grade.

The Trade Dollar, beyond the type coin application, is not my area. For that reason, I can't say up or down if this is an "opportunity."

My assessment is that this coin would be of interest only to a specialist who is trying fill a tough hole in a set. Although I don't care a great deal for dipped white coins, I'd take that over this piece.

DDR

Technically, I think it is a 53 or close to it. It does not appear to be original and to me has poor eye appeal. It has a type II reverse, which is the most common.

TennesseeDave

It looks so,so to my eyes as far as the technical grade. As others have said the eye appeal may not be the best, but it may look better in person. Unless it's very reasonably priced I would pass.

DIMEMAN

Nice Trade Dollars are hard to find. I would pass on this one unless it is a VERY tuff variety......which someone else already eluded to as being common.

mbogoman

As some here may know, I have been looking for a nice AU 1876-CC for a while now - the key word being "nice". Although in the right price range, I passed on this one a long time ago. I find it bu## ugly and lacking in eye appeal. As many have mentioned, its got plenty of meat left and is probably technically graded properly at AU53, but oh, that lack of eye appeal bites hard!

FWIW - this coin has languished on a major dealer's site for quite a while now. It just goes to show you how important eye appeal is...

Thanks for all the comments!

Now it's time for a beer. Cheers!

ricko

What price is on the languishing coin?? That may be another part of the problem....Cheers, RickO

mbogoman

<< <i>What price is on the languishing coin?? That may be another part of the problem....Cheers, RickO >>



$1760 list, and I'm sure it could be brought down a notch or two. So I don't think it's the price that is holding it back, it's got to be its ugly complexion...