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10% over spot; my December treat 1909/8 $20 Saint Gaudens. Should I send it in to PCGS?

ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭
edited December 31, 2017 9:51AM in U.S. Coin Forum

I finally acquired 1909/8 at reasonable price; 10% over spot as my last addition in 2017.
It is not a real beauty in term of grade but I am happy with it just the way it is.
Should I send it in to be slabbed?


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    divecchiadivecchia Posts: 6,716 ✭✭✭✭✭

    I'm not familiar with the issue so I can't help you with whether it should be slabbed or not, but I think it is really cool as far as it being 1909/8.

    Nice pickup for just 10% over spot.

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

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    CryptoCrypto Posts: 4,098 ✭✭✭✭✭
    edited December 31, 2017 11:54AM
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    messydeskmessydesk Posts: 20,832 ✭✭✭✭✭
    edited December 31, 2017 12:12PM

    My first reaction is that it will end up in an "EF cleaned" holder if you do send it in.

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    CryptoCrypto Posts: 4,098 ✭✭✭✭✭
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    tommy44tommy44 Posts: 2,347 ✭✭✭✭✭

    Although probably no harder to find than the normal date it still sells at a premium. If it were mine and I planned on selling anytime soon I would send it in. Even in a details slab the authenticity guarantee should be worth the cost of submission. Nice pick-up, especially at such a low premium.

    it's crackers to slip a rozzer the dropsy in snide

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    csdotcsdot Posts: 737 ✭✭✭✭

    Most common date Saints that people send in for grading are Mint state. That said, your coin is nice for an album or a 2x2, but I wouldn’t spend the $ on getting it slabbed unless you are concerned for some reason that it is counterfeit.

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Regardless, it's a nice coin !!! :)

    Timbuk3
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    PerryHallPerryHall Posts: 47,779 ✭✭✭✭✭
    edited December 31, 2017 5:36PM

    I always liked the 1909/8 even though it's a fairly common date. Looks like an XF45 so it's probably not worth the expense of getting it slabbed, It would look good in a Capitol holder though.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    CatbertCatbert Posts: 8,260 ✭✭✭✭✭

    If you "like it just the way it is" (as I do), then you have your answer!

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
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    ParadisefoundParadisefound Posts: 8,623 ✭✭✭✭✭

    I like having some coins raw so I can hold them in my hands. This will be one of them.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Nice old Saint and a good price.... Good decision to keep it as is.... Cheers, RickO

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    As-is. You will gain nothing by 'grading' this scruffy EF.

    For second half of 1908 & 1909 the mint used a standard date master die containing the first three digits. However, for 1910 through 1933 the Engravers changed to using an undated master die and adding the complete date each year. It is possible that the Engraving Dept discovered the 1909/8 error and decided to prevent occurrence in this way, but that is only a guess.

    If you examine DE from 1910-1933 you will notice that the date and monogram wander about in relation to the rays and other design elements.

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