NGC grades 1893-CC GSA hard pack ms-63+
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TONEDDOLLARS
Posts: 2,928 ✭✭✭✭
The pops show they recently graded the one and only GSA 1893-CC , big find
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TONEDDOLLARS
Posts: 2,928 ✭✭✭✭
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Wow! Although I personally would want the protection of the PCGS mega slab for that coin.
There was one years ago that sold on ebay but it was circulated in the mixed hard pack. It was raw and appears to never have been graded. Seems I recall a $7,000 price (I could be wrong on that).
I always wondered if it had been in a crackout slab from the GSA (I've never tried to pry one apart and don't know how they would fare when trying that).
bob
Circulated in hard pack , not a soft pack?? NGC pops list several in soft packs. If you are correct and there is a circ in a hard pack that may answere a lingering question I have.
Rainbow Stars
They say that the 89cc was supposedly not in the original treasury bags but was salted in the mix to send around as a promotional tool to banks and such promoting the sale.
What does everyone think this will be worth?
Not true, the 89 is graded ms-61DMPL. There is reportedly one each of 92,93 both unc.
Rainbow Stars
Most GSA collectors prefer NGC graded GSA's
Rainbow Stars
I know but with a GSA of that caliber I'd rather have the higher level of protection hands down.
I feel other wise. JMHO
Rainbow Stars
I sure want to know the story behind it!! I have a feeling it was among an inheritance that someone took to a dealer and the dealer recognized it for what it was. Inquiring minds want to know...
Thanks TD
I totally agree. Those GSA holders are so easy to crack. Ask me how I know.
Edit to add, I have been told PCGS will not grade a GSA even with a minor crack in the case.
That would be nice to see... what was the grade?? Cheers, RickO
The price for that coin will NOT be affected by the lack of PCGS grading. Others here can explain better than I the appeal of such original packaging. It's about as close to a one-off as you can get.
Agreed. I'm well aware of the significance. That's why I would rather have it in the PC mega slab rather than just ribbon graded.
They dont fit in the GSA original Box is the main gripe of mine. There are few others also.
I just got back my 79-cc from NGC and was wondering who to submit too earlier, but elected to use NGC for this one, based on advice from several in the know!
I also bet this thing just surfaced out of the blue from some large estate that has been of the market for decades. probably walked in to a shop or dealer with a bunch of others.
This 79-cc I bought was from a group of gsa that hadn't seen the light of day for 30 years. I paid them well, but will still come out really good because of the grade it obtained. I will note this, the previous dealer they took this coin too, here across town offered them 150.00 bucks for it if you can believe that.
So what did it grade
Rainbow Stars
MS-64+
Congrats!
I just don't understand dealers that would offer $150 for a coin like this.
The 93-CC is graded 63, the 89-CC 61DMPL, the 92-CC still unaccounted for. If the 93-CC was just graded recently, and if I wanted to see it, I'd go ask Selby Ungar at Monaco's table at the ANA show about it. He's most likely to either have it or know who does.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
As long as coin PCGS, NGC, anacs, ICG my markup over bid same. Some may be BIN / make offer bc of lots room on cost.
Does ICG grade GSA's in the OGP? I don't think I've ever seen one. That might not be because they don't though, who would want to send one to them. But do they?
The coin shows up in the pops a a 63+
Congrats on the 64+ great grade
Rainbow Stars
Wow - this is huge for GSAs.
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I know. I'm waiting for some kind of story to hit on Coin World or something. This has been one of those unicorn coins that a lot of us have been waiting for. There had been a lot of speculation that it and the '92-CC had been cracked out a long time ago and that we would never see them.
While it's not "right", and I certainly don't condone it nor operate like that, I can understand it.
Dealer offers 5k to non-collector/inheritor, greed factor kicks in and holder of coin thinks "If he offers me 5k it must be worth WAY more than that" and walks with the coin.
I think it is that part of human nature as opposed to an inherently dishonest dealers.
I may well be wrong and certainly some dealers are out to fleece, but not most I think.
Again, lowballing like this is not something I do or think is ethical, but I do see a twisted logic behind it.
It is big news, curious if it surfaces at the ANA.
From the little I know, Monaco doesn't have it.
I can believe. Some of the GSA's I make offers on at shows the people are shocked at the high offer compared to some of the lowballs they get from others. I had a guy a couple shows ago who had been offered 75 bucks on the 1878-CC GSA's . Amazing.
I heard from 2 dealers today this is a mechanical error or a population entry error, but they had been told NGC did not grade a 1893. Graded coin was a common date. So, so close yet so far.
Ugh. You're kidding me. That sucks bigly!
It is still in the Pop census. I always had to request and wait a month to get my GSA discovery coins posted in the Pop census. People on these boards are big golfing buddies with NGC President we should hear the facts soon!
It is gone from the pop report.
ttt
Greed and lack of morals.
I'll say it again-that is HUGE for a GSA!!! congrats!
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did you do any research or even read the thread?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution