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Time for a GTG: 1859 Type 2 Quarter Eagle - GRADE REVEALED

REALGATORREALGATOR Posts: 2,705 ✭✭✭✭✭
edited July 16, 2018 4:58PM in U.S. Coin Forum

I did a GTG on this because I felt this was a perfectly graded 62 (a "B" on the A-B-C grade division scale). There is nothing odd on this coin other than perhaps my quick photography on a smartphone. That might account for those who thought possibly 58. There are no luster breaks, just those typical small marks that keep it out of the choice 63 grade. Thanks and everyone gets a virtual cookie!

Guess the grade of the first of the new reverse. Dies appear to be rusted. A rather tough issue to find...


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    USMarine6USMarine6 Posts: 2,135 ✭✭✭✭✭

    If memory serves me there are about 200 survivers so yes hard to locate. I'll wager 62 although I think the holder may read a tad higher

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    SmudgeSmudge Posts: 10,019 ✭✭✭✭✭

    @USMarine6 said:
    If memory serves me there are about 200 survivers so yes hard to locate. I'll wager 62 although I think the holder may read a tad higher

    +1

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    cameonut2011cameonut2011 Posts: 11,354 ✭✭✭✭✭

    Hmm... Newer pronged holder so unless it was just an old no line fatty that needed a reholder, I'll guess:

    MS61 shot MS62

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    BillJonesBillJones Posts: 36,020 ✭✭✭✭✭
    edited July 16, 2018 7:26AM

    AU-58/MS-62

    It's a nice coin, but it's not quite Mint State.

    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 ... ?
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    skier07skier07 Posts: 4,854 ✭✭✭✭✭

    @BillJones said:
    AU-58/MS-62

    It's a nice coin, but it's not quite Mint State's.

    +1

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    earlyAurumearlyAurum Posts: 800 ✭✭✭✭✭

    62

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    lkeneficlkenefic Posts: 9,574 ✭✭✭✭✭
    edited July 15, 2018 5:44PM

    Obverse looks 58, reverse looks ms62...

    A function of rusted dies?

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    62

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    JimnightJimnight Posts: 10,845 ✭✭✭✭✭

    I'm in at 63

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    rickoricko Posts: 98,721 ✭✭✭✭✭

    MS63..... still seems to be a fair amount of luster... Cheers, RickO

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    jughead1893jughead1893 Posts: 2,311 ✭✭✭✭✭

    62

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    divecchiadivecchia Posts: 6,720 ✭✭✭✭✭
    edited July 16, 2018 6:34AM

    I'm thinking MS62. I like the luster on it.

    Edited for grammar.

    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

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
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    ashelandasheland Posts: 24,544 ✭✭✭✭✭

    MS62 here. Nice one!

    My YouTube Channel

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    logger7logger7 Posts: 10,008 ✭✭✭✭✭

    Probably 63, not sure how PCGS would see it, 62+?

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    lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭

    NGC 63.
    Lance.

    Coin Photography Services / Everyman Registry set / BHNC #213
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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭

    58

    Collector of Large Cents, US Type, and modern pocket change.
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    cameonut2011cameonut2011 Posts: 11,354 ✭✭✭✭✭

    What did NGC call it?

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    gripgrip Posts: 9,962 ✭✭✭✭✭

    Looks 64 , but I know very little about grading gold.
    ( could be obvious).:)

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    MS63 !!! :)

    Timbuk3
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    FHCFHC Posts: 333 ✭✭✭

    MS63

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    BillJonesBillJones Posts: 36,020 ✭✭✭✭✭

    Here is a classic example of the AU-58 coin that ends up in an MS-62 holder. It’s market grading, and I can live with that. The trouble is more coins like this are ending up in MS-63 or even higher grade holders, and that is a problem. It’s an especially big problem when the coin is a better date that is rarely seen in grades beyond AU-58 / MS-63. There are often big price premiums for coins like that, and the “grade push” becomes something more sinister than simple market grading. It’s true “grade-flation.”

    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 ... ?

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