EAC grade?

JOsborne · February 7, 2017 3:24AM

Best guess?

ricko · February 7, 2017 4:00AM

I have no idea what EAC grade it would be, but that is a well preserved copper... very nice strike.... Cheers, RickO

Walkerguy21D · February 7, 2017 4:26AM

Photo juiced or coin AT'd is my guess.
Still it's a high grade '23 N-1, and you don't see many of those around....

KellenCoin · February 7, 2017 6:52AM

You should buy their new EAC grading book.

mannie gray · February 7, 2017 7:31AM

From that picture, surfaces look funky and "done."
AS far as an EAC grade, I would say VG10

mannie gray · February 7, 2017 7:34AM

Or, maybe walkerguy21 nailed it....photos are juiced?
This is one I'd like to see...may look completely different in hand.

topstuf · February 7, 2017 7:55AM

Tough crowd. Call Trump.

asheland · February 7, 2017 8:00AM

MS62
EAC MS60

Ablinky · February 7, 2017 12:36PM

Looks like the 1823 proof that's in the upcoming Pogue sale.

mannie gray · February 7, 2017 1:20PM

I agree with the above...haven't seen the coin, but my first thought was that it might be a "proof" or proof, whichever is your preference.

BillJones · February 7, 2017 1:22PM

I don't like the color of that coin at all. Maybe the photo has been juiced. I hope so because that is a super tough coin that is very rare with that level sharpness. Otherwise someone ruined a really outstanding coin.

If the coin is not AT, it grades MS-64+ or 65, Brown. Maybe it is a Proof. I've had no experience with Proof Cents from this era. I've had only limited experience with large Cents from the 1850s, most often 1857.

If the coin is AT, the net EAC grade would be in the Choice EF area. AT often means that the mint surface has been impaired, and EAC graders get really worked up about that.

Sunshine Rare Coins · February 7, 2017 1:43PM

Proof

BillJones · February 7, 2017 1:47PM

It doesn't matter if it a Proof or not. If it looks like the picture, there's a problem caused by some so-called conservation or restoration work.

AMRC · February 7, 2017 1:48PM

Still working on figuring out this grading system, no time for another Standard.

BillJones · February 7, 2017 1:52PM

EAC grading existed before the current 70 point grading system because the EAC system was the source of the 70 point grading system which was devised by Dr. William Sheldon.

Walkerguy21D · February 7, 2017 2:33PM

Just like the TPG's and everyone else, the EAC grades vary from person to person too.

Bob Grellman and others are very tough, someone like Steve Ellsworth is more lenient, and Tom Reynolds would be in between, from my observations - yet all are EAC members, and claim to be using EAC grading. Just realize in general they are all more strict than the major TPG's (with a few exceptions), and as Bill alluded to, surface condition is absolutely critical. Coins deemed "choice" would grade very near the technical levels, those that are "scudzy" are downgraded drastically.

amwldcoin · February 7, 2017 2:39PM

I finally looked at the pictures! Whow...what a coin! No doubt in my mind that is a juiced photo and I think PCGS would grade it at least Prf 64. EAC grading is almost a joke to me. Likens to those who undergrade so they can add a nice coin to their set for cheap!

BillJones · February 7, 2017 2:56PM

@amwldcoin said:
I finally looked at the pictures! Whow...what a coin! No doubt in my mind that is a juiced photo and I think PCGS would grade it at least Prf 64. EAC grading is almost a joke to me. Likens to those who undergrade so they can add a nice coin to their set for cheap!

EAC grading almost never works out to providing a way to buy the coin "on the cheap!" It almost always involves a low sounding grade and very strong asking price.

In a way it harkins back to the old dealer marketing philosophy of "under grade, over price." When I started buying "serious coins" in the early to mid 1970s, I ran into a couple of veteran dealers who did business that way. For example the 1805 Dime I post up here now and then was graded "EF" and priced at $485 when the going price for a commercial EF was $325. Today that coin is in a PGGS AU58 holder.

A lot of those coins have been traded among EAC collectors at those high levels with little regard for the "commercial mark." More recently majors collections, like Dan Holmes and most others, have been graded, most often by PCGS. Heritage as now begun the practice of stating the slab grade and then giving an EAC grade. The Goldbergs are holding an auction of Chuck Heck's collection of 1794 cents. All of his coins will be sold raw with EAC grades. The results will be interesting.

PTVETTER · February 7, 2017 3:26PM

I'm with the proof group
Maybe pr63bn?

BryceM · February 7, 2017 3:35PM

I strongly doubt the coin looks anything like the photos. If I'm wrong, someone really messed it up.

Bochiman · February 7, 2017 3:44PM

I'm with the ones that say the photo is likely juiced. Seems pretty evident that the lighting/post-image processing has accentuated the toning past the point of what it really looks like in-hand.

EAC grading is such that coins will be knocked down, in grade, but the price asked, by a knowledgeable EACer, will remain high.
EAC likes to grade a coin, discount for things such as scratches/AT/dings/etc, assign a lower grade, but then price it back at the higher grade.
Harder to do that when they are in straight graded holders....though, you will often hear the EAC folks bash at the TPGS grade, saying it is too high.

amwldcoin · February 7, 2017 4:27PM

I have had more than enough EAC graders grade a coin...even in a PCGS holder...and then whip out a greysheet! I really like EAC members that use CPQ! They are the fair lot of EAC members!

@BillJones said:

@amwldcoin said:
I finally looked at the pictures! Whow...what a coin! No doubt in my mind that is a juiced photo and I think PCGS would grade it at least Prf 64. EAC grading is almost a joke to me. Likens to those who undergrade so they can add a nice coin to their set for cheap!

EAC grading almost never works out to providing a way to buy the coin "on the cheap!" It almost always involves a low sounding grade and very strong asking price.

In a way it harkins back to the old dealer marketing philosophy of "under grade, over price." When I started buying "serious coins" in the early to mid 1970s, I ran into a couple of veteran dealers who did business that way. For example the 1805 Dime I post up here now and then was graded "EF" and priced at $485 when the going price for a commercial EF was $325. Today that coin is in a PGGS AU58 holder.

A lot of those coins have been traded among EAC collectors at those high levels with little regard for the "commercial mark." More recently majors collections, like Dan Holmes and most others, have been graded, most often by PCGS. Heritage as now begun the practice of stating the slab grade and then giving an EAC grade. The Goldbergs are holding an auction of Chuck Heck's collection of 1794 cents. All of his coins will be sold raw with EAC grades. The results will be interesting.

coinlieutenant · February 7, 2017 5:36PM

I don't think Pogue has a proof. He has the MS66 ex Naftzger coin which I think is now up for auction. I personally think this date is AWESOME and a super sleeper. MS examples are very rare, and wholesome coins in really any grade above fine are very difficult.

Here is mine, which given the price point, is one of my favorite coins.

coinlieutenant · February 7, 2017 5:36PM

Actually I just looked closer....that is an overdate, 23/2

J

Walkerguy21D · February 7, 2017 6:12PM

Your N-2 example is gorgeous, lieutenant! I would be proud of that coin too.

I agree the date is awesome. So much scarcer than say an 1877, especially when you factor in condition.
The N-1 is a bit more common, and I have two of those in VF (commercial grade),
but a just a single example of the N-2 in Fine, but it has nice color and smooth surfaces,
and it took me a while to acquire that one.

breakdown · February 7, 2017 6:57PM

@Ablinky said:
Looks like the 1823 proof that's in the upcoming Pogue sale.

Yep. Lot 5153 and Stacks photo doesn't look quite as psychedelic as the TV. Quite a pedigree.

TheRegulator · February 7, 2017 6:58PM

As a proof, the color is just fine. No reason to suspect AT or image juicing. From the images, I disagree with the assigned grade and could see it as a Proof-60.

EAC grade?

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