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Carson City find in England - Grade Posted
Boosibri
Posts: 11,871 ✭✭✭✭✭
I spent the morning at the Birmingham coin fair in the UK about an 1:30hr drive south of my house. Normally it is the same stuff from the same dealers but I lucked out today with a roughly $40 purchase of a tough 1872-CC half dollar located in a stack of trays. The reverse has some scratches but I'd assume a straight grade at VG something.
Also saw a decent 1793 Wreath cent vine and bars which would have gone F15 or so, a load of generic white Morgans, worn large cents and a few pieces of generic US gold.
I also bought some really nice red British copper but I'll spare that on the liteside forum.
8
Comments
Nice!
Nice old CC...that has seen a lot of commerce - and miles.... Across the U.S., across the Atlantic... May even have been to Europe.... Cheers, RickO
40$ equals amazing
But it shouldn't grade but VG10 details with a value close to VG8 levels
11.5$ Southern Dollars, The little “Big Easy” set
Nice!
Nice score!
Was the wreath cent bargain priced too?
Not 7500 quid so $9800
Latin American Collection
Ahh - yeah, not so much LOL.
grade posted
Latin American Collection
Did they not look at the reverse?
Edited to add: Congrats!
I'm a bit surprised
I actually like the reverse better than the obverse. The scratches look very light and appear to be from honest wear rubbing against keys in a pocket or such and don't really detract until one blows up the size of the photo.
I've gotten details grades for a lot less than that...
"Rarity Blinders"?
The coin has a nice look, but I think you got lucky with a straight grade.
In honor of the memory of Cpl. Michael E. Thompson
I'll bet that one never gets cracked out.
Nice score!
Sweet! Did you use PCGS Paris? Do they send the coins back to the US for grading?
Paris... economy submission. Handed the coins off Saturday, graded Tuesday. Epic service.
Latin American Collection
Cool find!
Wow. You got a nice gift.
That coin should not have straight graded.
Works the same in the US for economy submissions: my last submission was submitted on Saturday,* and graded by Tuesday**
*in May
**in August
Those reverse marks seem to be very light, as they barely show on the raised devices. I think the dirt in them just makes them more visible. I think the graders made a judgement call and I tend to agree with them. It's very cool what you run across in Europe.
This coin is a F-12 with graffiti. Those scratches were deliberate.
The scratches extend into the eagle's neck, wings, and the shield.
The scratches are mostly horizontal.
A pocket piece might show random marks, but on both sides.
Again, this coin was deliberately defaced.
Don't take it personal, but I'm honestly captivated that straight graded
The coins semi-sucks. Certainly worth a "You Suck"
Good clean living
Im just shocked. I really want to see this coin in hand to determine how deep those scratches are. I know you know your coins and you stated in the op you thought it would still grade, but tough coin or not, from just the first set of pics this is a disservice to the grading companies and another coin that undermines pcgs graders.
OK, I guess it is possible that someone who hated the U.S. living abroad deliberately defaced the American Eagle, but I still contend that the scratches are minimal when viewed with the eye not using magnification. Just compare the normal sized and exploded size views offered by the OP. It is my understanding that PCGS graders do not use magnification in grading so it is not all that surprising that this straight graded - especially as a VG coin and not one that was mint state.
I'll send you the coin to check out on the condition that you help me sell it.
Latin American Collection
Nice coin! The scratches don't bother me. Congrats!
A disservice to the grading companies? If their credibility has been affected, the graders were wielding the shovel.
Is that the same coin in the PCGS plastic? I thought you put the slabbed coin up as a comparison. If they are the same coin, I agree fully with @joebb21.
When i am looking to buy a pcgs certified coin I imagine that the coin inside is relatively problem free. Once again I have not seen this coin in hand and boosibri is no slouch to coins and he believed the coin should grade as well, but the seeming large amounts of scratches on the reverse make me wonder how on earth this coin could be called problem free and not "scratched" or "grafiti"
When problem coins in graded holders sell at large auctions they usually bring 60-80% of the going rate of a non problem example. The new auction result is then published for all to see and greysheet sees this new low and drops their bid 20%-40% believing that the new market is now 20%-40% lower because of the price realized. We have all seen this happen hundreds of times.
If somebody sent me an email saying "hi, I have an 1872-cc 50c pcgs vg10 how much would you pay?" I would probably say $300-$325 sight unseen because I "know" pcgs is weeding out problem coins. seeing coins like this (based on pictures alone) make me less aggressive sight unseen as I really dont know if the coin is problem free or not. Hence-lowering the value of the brand
nice seated half
Meanwhile my simple re-holder was received on the 20th, and still no updates....