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Thoughts on this 1850-O $20 Coronet Double Eagle
goldfixer21
Posts: 80 ✭✭✭
I picked this up today, and it has a couple of dark lines across the front. I'm afraid to try and remove it. Should I leave it as it is? Any thoughts on what this might grade as? I've never sent a coin to be graded, but I'm thinking this might be worth doing so. Thanks!!!
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I like it. I wouldn't try to deal with the black mark, might mess it up. Leave it alone. Looks like nice skin on the coin. Very nice.
I think it would grade. Looks like about EF 45 to me. Nice looking original gold.
Her face looks like it's been buffed,
to hide or take away a scratch or mark.
Can't tell for sure - can you post a close
up of the cheek & neck area?
for PCGS. A 49+-Year PNG Member...A full numismatist since 1972, retired in 2022
What you are seeing is a discoloration inside a lamination. Some of these can be conserved to remove the black but the surface of the coin cannot be restored.
There is nothing original about the coin EXCEPT the discolored planchet flaw.
Are you saying it's counterfeit?
It looks like ink. Acetone doesn't damage coins, but you can't put the genie back in the bottle on obvious cleaning, etc..
I think he is just saying it looks cleaned/buffed, so not worth grading.
Nice coin I would send it in. It’s about 168 years old and I like it. Plus it’s a O mint which is hard to find. Send it in like it is don’t screw it up.
Nice find
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this coin is definitely messed with. i would just leave those marks. this is not one to grade, unless you are unsure of it's authenticity. i would just enjoy holding that one in hand. it's still a cool double eagle.
It IS NOT ink. Do you see the line on the surface where it is "ripped?" This type of mark is common.
@goldfixer21 asked: "Are you saying it's counterfeit?"
No. Expensive genuine circulated coin that has a planchet flaw.
I uploaded a close up shot of the cheek/neck, but it hasn't been approved yet
Dont be so sure that its been messed with just because a couple forum experts seem to think so...buffed and polished opinion might be a result of your images.
Not at all saying that I think one way or the other based on your pics.
Planchet flaw keeps it from straight grade probably but who knows?
Thing is, its a first year O mint $20..
a good PCGS opinion could take it from a $2000 coin to $4000 or better
Put down your blowtorch, take off your asbestos glove and send it in as a putative virgin. For this date/piece the authentification alone is worth the fee.
It's an 1850 NO $20 Lib, therefore unless you intend to hold on to it for a lengthy period of time, I would submit it to either PCGS or ATS. While I don't believe its chances of straight-grading are good, I've certainly seen worse in straight-graded holders. If it happens to straight grade, it could be worth north of $5K. If it doesn't (i.e., details/tooled grade), it would still be worth at least a couple grand. And I agree, that appears to be a lamination on the obverse. This is something that's not uncommon to find with early, branch mint coins.
I'd leave it as is and send it in for grading by our host. JMHO !!!
Send it in to our hosts 'as is'.... It is a nice old New Orleans coin and whatever the grade may be, a nice piece of gold coin history. Cheers, RickO
The black streaks are planchet impurity inclusions. If removed, they would leave voids in the surface.
But I think the coin still has a fairly good chance of grading EF, so long as there are no areas of parallel hairlines.
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Thanks!
I decided to send it to PCGS and have it graded. It received a XF45, which I am very pleased with. I sent 7 other gold coins in with it, and was very happy with the grades on all of them. This was my first time submitting coins to a grading service . I found myself checking 3 or 4 times a day to see if they were done!
Great result
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