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I almost fell over when I saw my submission grade....

I bought this coin months and months ago. I was lucky enough to find my second example of this very rare variety of 1934 Junk dollar, with 6 sail lines between the two sails. Of course, I bought from an unknowing seller on ebay.

At only 58 coins of this variety certified by PCGS, and over 24,000 common varieties cert'ed - these are very hard to get ahold of.

From the sellers picture, I thought it would be XF details: cleaned. When I recieved it in the mail, I was wow'ed - a nice original Au dollar. My grade on the coin was AU58, but thought PCGS would give me a 55.

The package was opened at PCGS on 2/16/13....and I just recieved grades back on friday 5/3/13.

MS61.

I was certain the break in the luster on the obverse would send it AU...but I got a pleasant surprise!

Finest certified is a 63.

image
image

Comments

  • MilkmanDanMilkmanDan Posts: 3,761 ✭✭✭✭✭
    So how come when I submit a coin like that it comes back cleaned !!! image

    It is what it is. Congrats.
  • daOnlyBGdaOnlyBG Posts: 1,060 ✭✭
    They must be really tight with their grading, IMO- that's the finest MS61 I've ever seen. CAC doesn't do int'l coins, right?
    Successful BST transactions with: blu62vette, Shortgapbob, Dolan, valente151, cucamongacoin, ajaan

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  • ZoharZohar Posts: 6,678 ✭✭✭✭✭
    Congrats!!
  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    +1. I would said AU58 or 63 because of the clean fields. But I am not familiar enough with the design to know how worn the sails are ... But IMO 61 is worse than 58. This doesn't look 61 to me.
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • coinkatcoinkat Posts: 23,836 ✭✭✭✭✭
    NGC has graded some higher than 63

    The fields is likely what saved a 61 grade. There aappears to be some flat spots on the high points of the portrait.

    Still an attractive coin- congrats

    Experience the World through Numismatics...it's more than you can imagine.

  • StuartStuart Posts: 9,793 ✭✭✭✭✭
    ChineseCoinCollector: Congrats on selecting a scarce coin, raw from e-Bay, that PCGS certified as one of the higher graded examples.

    Sometimes it's worth taking a shot, if your willing to gamble based upon your numismatic experience and gut feeling.

    I agree with CoinKat that the frosty undisturbed mint luster in the coin's fields probably tilted the grade from AU-58 to MS-61. -- Especially for this coin design, which has large areas of wide open fields on both obverse and reverse.

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • Could you please explain the 6 lines between the sails comment
  • 7Jaguars7Jaguars Posts: 7,741 ✭✭✭✭✭
    Yikes, congratulations on the grade as I was rather in the 53/55 camp myself and have seen some grade beatdowns on some other similar bits...
    Good Score!
    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • CocoinutCocoinut Posts: 2,515 ✭✭✭✭✭


    << <i>Could you please explain the 6 lines between the sails comment? >>



    +1

    Jim

    Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Very nice good eye keep on picking thats the way to do it. image


    Hoard the keys.


  • << <i>Could you please explain the 6 lines between the sails comment >>



    6 sail lines:

    image

    Common variety:

    image
    image
  • Sorry i still cannot see the difference,is it the amount of horizontal lines on the right hand sail that total 6 compared to 7 on the left hand sail
  • It's not too hard...on the "six sail lines" variety there are six sail lines, or ropes between the two sails of the junk boat. On the common variety there are no sail lines at all....

    It's pretty obvious.
    image
  • MilkmanDanMilkmanDan Posts: 3,761 ✭✭✭✭✭


    << <i>ropes between the two sails of the junk boat >>



    That's the ticket.
  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    Yes. Not the lines across the actual sails themselves, but down near their bottom, just above the boat.

    The closer you look at the boat the more detail you see. A beautiful strike!
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • marcmoishmarcmoish Posts: 6,660 ✭✭✭✭✭
    beautiful surprise - I dont see AU58 even in the darkest days man - this one is well graded - worthy of a 62 easily!
  • TwoKopeikiTwoKopeiki Posts: 9,859 ✭✭✭✭✭


    << <i>

    << <i>ropes between the two sails of the junk boat >>



    That's the ticket. >>



    Yup, had no idea what he was talking about before, either. Now I know image
  • HyperionHyperion Posts: 7,440 ✭✭✭
    Score!!! I don't care as much about the grade but getting surprised by natural surfaces where none were expected... ROCKS!

    nice! and great explanation on the sails. I was too busy counting horizontal sails and vertical ropes to have noticed the area BETWEEN image

  • CocoinutCocoinut Posts: 2,515 ✭✭✭✭✭
    I was looking inside the sails, too. Thanks for the clarification.

    Great find!

    Jim
    Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!
  • mdwoodsmdwoods Posts: 5,559 ✭✭✭
    Nice coin and thanks for the explanation.
    National Register Of Big Trees

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  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    Congrats & thanx for the Educationimage

    Steve
    Promote the Hobby
  • bonkroodbonkrood Posts: 796 ✭✭✭
    Thanks for the explanation, something new to look for. image
    image Steam Power
  • Yes thankyou for the pics,i think you have helped a few
  • TookybanditTookybandit Posts: 3,415 ✭✭✭✭
    Very Cool! I have one that I need to go check out. image
  • Had a quick search of a few world coin dealers websites and was lucky enough to pick one up for $95usd in xf condition,thanks again for the education,this one will be off to get slabbed image
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