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Auction Over: Pls share your opinions, for learning.
Numiven
Posts: 377 ✭✭✭
Hello,
Do any of you see any flaw in this coin? The bids are quiet low on this, maybe IGC is pulling it down?
I am thinking, it might cross over NGC or PCGS on the same grade... maybe I am wrong...
Please share your inputs...
Numismatics & Photography
rv@ravenumismatics.com
Instagram.com/coin2photo
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I don't see any obvious problems with the coin. It has some old cleaning under the toning (as virtually all do); however, while I would sell the coin as an AU, IMO it is slightly over-grade from a technical perspective. I prefer XF-45. I think the TPGS generally tend to put a grade on a coin that reflects what it should sell for in the market, thus this is a pleasing AU. Nice adjustment marks add interest.
If you purchase it, crack it out before sending it in and you MAY get a straight graded AU-50.
The coin is the BB-92 die variety, and one of the die varieties that makes up the RedBook variety of "1798 Knob 9, 5 Lines." Without seeing the coin in person, the picture looks to me to show more wear on the obverse and less remaining luster on the obverse than I would expect for a PCGS AU-55 grade. That being said, its overall look does match quite a few NGC-graded AU-55's that I've seen over the years.
Yes.
In honor of the memory of Cpl. Michael E. Thompson
there are a few scratches concealed by the hair.
Looking at the super blow-up picture (click on the lower right hand corner), I think that the reverse and perhaps the obverse have been rubbed with an abrastive. The tuning looks uneven for not good reason, expecially on the shield on the reverse.
That's very helpful - NOT! Guess you 5-star generals can be above it all at times.
They are called "adjustment marks." @TomB or I could explain it but it is probably better if you look that characteristic up on the Internet as you will probably retain it better for the next time.
You know what, they actually are scratches that were on the planchet.
Wow... thanks..
It sounds like a good buy at this lower price its next bid is at $3.9k (with fees).
At that price as long as it goes into a 45 pcgs or 50 NGC holder, might still be a decent deal.
I am afraid, it would turn up some details grade...
Anything that says it would fall in the details grade?
Numismatics & Photography
rv@ravenumismatics.com
Instagram.com/coin2photo
I initially wrote an answer because I thought the auction had closed and then realized it was still live, so I changed my answer to give my opinion in a manner that might not affect the sale.
In honor of the memory of Cpl. Michael E. Thompson
I agree but would still be happy to have it in my collection.
it's crackers to slip a rozzer the dropsy in snide
Biting my Lip as Tom Suggested!
Maybe the consignor is a Forum member
I don't think it's appropriate to solicit opinions on a coin that is currently up for sale/auction. If I were the consignor (I'm not) I would not be pleased. Maybe p.m. members individually if you want input.
The fact that you posted YES is exactly what you wrote you did not wish to do. A Yes or No post will affect the sale.
No everyone, please explain something to me: What is wrong with posting an answer to the OP's question?
I'm at a coin show and see a coin I like. The dealer lets me take the coin to show someone. Rather than go to another dealer, I run it over to the ANACS or ICG table and speak with a grader. He tells me the coin is plugged. I don't buy it.
Here's one. I see a coin in a Heritage auction. I post a photo for opinions. Everyone here likes it.
How about this. A Bust dollar is in an Ebay auction. I need reassurance since I'm like most collectors and don't have a clue! Please help.
I may be the only Troll around here but I see nothing wrong with commenting on anything (can't you tell?). As with all opinions, they need to be weighed. We can learn from the opinions of others. So, let's have more please so they can be confirmed or trashed as best we can using an image.
PS That coin is in a TPGS slab. It deserves to be picked apart if there are problems with it. So post 'em. I'll do the same for any coin in any slab no matter who owns it! I call in grading.
Yep
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Based on the opinions of others here who I have grown to respect, it looks like I need to learn some numismatic manners. I do see your point, buyer beware but shouldn't we try to be helpful?
I'm going to poll the forum if I can figure out how. That should knock the servers off line.
Just like we ask opinions on coins for sale at ebay, dealer, heritage etc. I solicited opinions. I though, i would pick the most knowledgeable numismatic brains here who i respect... a lot before spending several thousands...
I will PM henceforth...
Numismatics & Photography
rv@ravenumismatics.com
Instagram.com/coin2photo
@Numiven said: "Just like we ask opinions on coins for sale at ebay, dealer, heritage etc. I solicited opinions. I though, i would pick the most knowledgeable numismatic brains here who i respect... a lot before spending several thousands... I will PM henceforth..."
well I agree, this is the place where the real brains are. Glad you posted as I may learn something also from the brain trust.
PS New discussion just started on this subject.
The coin can be out to the winning bidder for up to 1-2 weeks after the sale (7 days to pay for it). It can take 3 days to process it for return. Then you're looking at a potential 2nd auction 3-5 weeks after the first one. In either case for those who don't want to step on toes, waiting a month to see if the coin shows up again (or not) is the only way to be sure it is no longer being offered for sale. Personally, I feel a coin should be able to stand on its own feet...regardless if it is being offered for sale....my coins included.
In my opinion from the pictures the surfaces are off. I would suspect PCGS would say altered surfaces and be a 50 at best...more than likely a 45 if they silently net graded the coin.
Agree re the comment about not commenting on a coin currently being auctioned.
One comment I'll make about AU Heraldic Eagle Bust $s in general, (and I've seen lots of them) is that if you're looking at an AU coin, you need to see some original mint luster. That said, I've seen some first world, slabbed, AU 50s without any. Perhaps these coins reflected market values of said coins at the time they were graded.
"Seu cabra da peste,
"Sou Mangueira......."
My post reflected my belief that evaluating surface conditions from photographs is highly subjective.
Auctions involve a certain amount of risk when bidding based just on images. The coin itself may be better, worse, or the same as depicted. When someone posts asking for opinions, we of course want to be helpful, but in the context of an active auction/sale our subjective opinions may help/harm either buyer or seller. So I will stay mute (as if my opinion is worth much anyway, LOL).
It's analogous to people calling me with a group of symptoms and asking me to diagnose them over the phone. Sorry, I need to see you in person to do a proper evaluation. _
Even if it gets into a PCGS/NGC AU50, the buyer did very well.
I am concerned abut the adjustment marks, and whether there are some scratches or tooling also on the obverse.
This is certainly an issue that has sharply divided opinions. If someone were buying a car or a house and asked for an opinion, would you help? Should one be ashamed of one's expertise and hide it? "Sorry, cannot help you, after you throw away your money, I will be happy to tell you why you are a loser." Yes, advice on a forum could also mean that someone else would then out bid the questioner....a very real possibility. That being said, at least the individual gained knowledge from the advice. As far as the seller, once the item is up for sale, it is open to public review...good or bad. Cheers, RickO
I disagree in part. If I were dealing with a very up-to-date, knowledgeable physician, I could give him/her enough info about my problem that he/she would know 90% of the time what was going on. Agree? And you are possibly better than that or at least the equal of an on-line computer MD.