At first I thought the scratch was on the reverse above the eagles wing, and The line between the 6 & 1 was a die crack, but Once in hand it’s definitely the scratch PCGS noted
I am still looking for the scratch or scratches that caused it not to get a grade. Could it (they) be in the right obverse field, by Ms. Liberty's mouth, through the date or by the eagle's right wing? Maybe it's all of them put together. The base grade is AU, but there is some light cleaning invovled too.
Like everything, it has to do with the price. It's not a bad looking coin, but this is a common date and mintmark combination, believe it or not. It does make for an interesting album coin with a special date and Civil War history.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
A scratch through the date is a problem because that's a place that few people are going to miss.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
The rule of thumb is to drop the grade one level for pricing. In this case I'd be drawn to dropping it two grades. The Gray Sheet says $250 for EF and $140 for VF. Add to that 10 to 20 percent for a retail mark-up. This coin's value is closer to VF than EF, and most collectors would take nice, original surface VF over this piece, if they had the choice.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Comments
Nice!
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If you have to talk yourself into a purchase you already have your answer.
In a Wayte Raymond style holder it might mute the scratches a little in a few years....Probably worth AU money, just do your research.
A perfect Dansco coin!
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Do the images magnify the "problems"? If it looks better in-hand then go for it, otherwise I'd pass.
At first I thought the scratch was on the reverse above the eagles wing, and The line between the 6 & 1 was a die crack, but Once in hand it’s definitely the scratch PCGS noted
It would be a great DANSCO coin.
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Good pictures!
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Definitely an album coin... Cheers, RickO
It will never grade great home in a Album.
Graded at straght AU a highly sought after coin.
I am still looking for the scratch or scratches that caused it not to get a grade. Could it (they) be in the right obverse field, by Ms. Liberty's mouth, through the date or by the eagle's right wing? Maybe it's all of them put together. The base grade is AU, but there is some light cleaning invovled too.
Like everything, it has to do with the price. It's not a bad looking coin, but this is a common date and mintmark combination, believe it or not. It does make for an interesting album coin with a special date and Civil War history.
@BillJones the deepest scratch is through the date. (I saw it in person) There are a few others, but they are minor.
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A scratch through the date is a problem because that's a place that few people are going to miss.
I don't like to take thing out of holders.
Best place to buy !
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It's better in an album than in that holder, but you can probably find a better album coin.
Coin Rarities Online
Is it worth $370 ?
No. Do not buy
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
NO!!!
The rule of thumb is to drop the grade one level for pricing. In this case I'd be drawn to dropping it two grades. The Gray Sheet says $250 for EF and $140 for VF. Add to that 10 to 20 percent for a retail mark-up. This coin's value is closer to VF than EF, and most collectors would take nice, original surface VF over this piece, if they had the choice.