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1926 $2.5 Gold Sesquicentennial {Grade Revealed}

U1chicagoU1chicago Posts: 6,572 ✭✭✭✭✭
edited December 7, 2018 7:16PM in U.S. Coin Forum

One of my favorite Commemorative coins.
Please guess the grade!
(Two sets of photos-same coin)


Comments

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited December 7, 2018 10:07AM

    MS67 :) I like the rays radiating from the building

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @Paradisefound said:
    MS67 :) I like the rays radiating from the building

    Look at the top photo again. How many "hits" can a MS-67 have?

    Now, Do you see the change of color on the leg?

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    6? MS64? :#:s:o

    @Insider2 said:
    Look at the top photo again. How many "hits" can a MS-67 have?

    Now, Do you see the change of color on the leg?

  • U1chicagoU1chicago Posts: 6,572 ✭✭✭✭✭

    @Insider2 said:

    @Paradisefound said:
    MS67 :) I like the rays radiating from the building

    Look at the top photo again. How many "hits" can a MS-67 have?

    Now, Do you see the change of color on the leg?

    Good advice!
    What is your guess? :)

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @U1chicago said:

    @Insider2 said:

    @Paradisefound said:
    MS67 :) I like the rays radiating from the building

    Look at the top photo again. How many "hits" can a MS-67 have?

    Now, Do you see the change of color on the leg?


    Good advice!
    What is your guess? :)

    I have an opinion but I'm holding it until a few members here GTG. The most informative GTG answers come with detailed reasons that specific grade is chosen. For EXAMPLE: If they guess MS-70 and then write, the coin is fully struck, has absolutely no marks, hairlines or stains, the luster is blazing original, and it has exceptional eye-appeal. Another EXAMPLE: The coin is VG-10, because...

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Save 63 for me.

  • AUandAGAUandAG Posts: 24,945 ✭✭✭✭✭

    Based on only pics I'm going with high AU, like 55 or 58. Did these actually circulate?

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • jwittenjwitten Posts: 5,241 ✭✭✭✭✭

    First pictures make it look cleaned. I will guess AU58 if it straight graded.

  • johnny9434johnny9434 Posts: 29,328 ✭✭✭✭✭

    I like the bottom one. both are good though

  • U1chicagoU1chicago Posts: 6,572 ✭✭✭✭✭

    @johnny9434 said:
    I like the bottom one. both are good though

    It’s the same coin. :)

  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭
    edited December 7, 2018 12:44PM

    MS-62 or 63 depending upon whether or not there is a rub on Ms. Liberty’s thigh.

    That is a nice one, though. A large number of these coins have copper spots, and many times they are quite distracting.

    As for the rays around the Independence Hall, those can be quite attractive, but most pieces to do not reflect them well because of the low relief of the design. Years ago I sold one to a customer that was really nice. It’s one of the few coins I regret selling when I was a dealer, but business is business.

    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 ... ?
  • WinLoseWinWinLoseWin Posts: 1,716 ✭✭✭✭✭

    First photos give me the impression of AU-55 to 58.

    Second set looks Mint State.

    Either it shows how much lighting and angles can affect pictures or you took an Unc and carried it for fun. :)

    "To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin

  • keetskeets Posts: 25,351 ✭✭✭✭✭

    MS63.

  • johnny9434johnny9434 Posts: 29,328 ✭✭✭✭✭

    @U1chicago said:

    @johnny9434 said:
    I like the bottom one. both are good though

    It’s the same coin. :)

    carp, sorry :(

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @WinLoseWin said: "First photos give me the impression of AU-55 to 58. Second set looks Mint State."

    EXACTLY!

    This shows what lighting can do to the image of a coin; however, lighting CANNOT CHANGE its actual condition of preservation!

    So which is it going to be AU or MS? How much rub do you personally allow on a gold coin before it becomes an AU by your personal standards? How much rub should a TPGS allow on a gold coin before it becomes an AU by the company standards. Furthermore, once you allow rub on a MS coin, then some coins you grade MS will have rub and others you grade MS will not.

    That's why it is often difficult to guess the grade any TPGS assigns to a coin such as this correctly.

    @U1chicago

    See why I "chickened" out? I know how I grade it. I also know how at least two TPGS's will grade it; BUT on this particular coin, I can only guess what it is graded.

    While it is not "Very Choice" [used by ANA Grading Guide for AU-58] due to hits, hairlines, and friction rub, I can only hope it is graded as an AU-58 MAX! My personal grade is lower and it is not a coin I would buy at a fair price.

  • ParlousJoeParlousJoe Posts: 451 ✭✭✭

    I'm going to say a 63, nice looking coin!

  • U1chicagoU1chicago Posts: 6,572 ✭✭✭✭✭
    edited December 7, 2018 2:04PM

    @Insider2 said:
    @WinLoseWin said: "First photos give me the impression of AU-55 to 58. Second set looks Mint State."

    EXACTLY!

    This shows what lighting can do to the image of a coin; however, lighting CANNOT CHANGE its actual condition of preservation!

    So which is it going to be AU or MS? How much rub do you personally allow on a gold coin before it becomes an AU by your personal standards? How much rub should a TPGS allow on a gold coin before it becomes an AU by the company standards. Furthermore, once you allow rub on a MS coin, then some coins you grade MS will have rub and others you grade MS will not.

    That's why it is often difficult to guess the grade any TPGS assigns to a coin such as this correctly.

    @U1chicago

    See why I "chickened" out? I know how I grade it. I also know how at least two TPGS's will grade it; BUT on this particular coin, I can only guess what it is graded.

    While it is not "Very Choice" [used by ANA Grading Guide for AU-58] due to hits, hairlines, and friction rub, I can only hope it is graded as an AU-58 MAX! My personal grade is lower and it is not a coin I would buy at a fair price.

    That’s a fair assessment.

    And it is difficult to get the photos to be like I see it in hand with this particular coin. The first set (top) is from the auction house and the second set (bottom) was using my smartphone.

    Just wondering, what grade would you like to see on the holder in order to consider paying a fair price? For example, if it graded VF 30, would you be ok paying a fair VF 30 price on it (not that it’s a 30, I’m just using that as an example)?

  • KoveKove Posts: 2,038 ✭✭✭✭

    Definitely AU but the services can get generous with the MS boundary on commems as they were never meant to circulate.

    Obvious rub on the thigh and in the rays on the reverse. I'd like to see an AU 55 grade, but my guess is 58.

  • sparky64sparky64 Posts: 7,048 ✭✭✭✭✭

    I believe it is a technical 58 but received a low MS grade (60-63).
    Beautiful coin btw. Congrats.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @U1chicago asked: "Just wondering, what grade would you like to see on the holder in order to consider paying a fair price?"

    You are asking the wrong person.

    1. I'm not up to prices in the coin market.
    2. I try to "steal" anything I buy. Unless it is a "cherrypick," I'm usually on the short end because (see #1).

    The spread on these is small. If it were mine, I'd crack it and price it at $400 then take 10% off. If it walked into the store raw or slabbed, I'd try to buy it for around $300 or less.

    That coin can be graded from AU-55 to MS-62 at a major TPGS so everyone guessing would be right. :( LOL.

    I didn't exactly answer your question: "What grade would you like to see on the holder in order to consider paying a fair price?"

    To me it's a $300-$320 coin. I'd like to see it graded AU-53 (but I'm dreaming). The problem stems from the ANA Grading guide when they combined loss of detail and surface condition into one number. The surfaces are "typical" (low in any grade range) while the amount of friction wear is small (high in any grade range). So try to describe a beat up AU-58. AU-53 works for me.

  • SmudgeSmudge Posts: 9,828 ✭✭✭✭✭

    I will try 62. Kind of baggy, but I'm not seeing wear.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @Smudge said:
    I will try 62. Kind of baggy, but I'm not seeing wear.

    What does friction wear look like on a gold coin?

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    62-63 !!! :)

    Timbuk3
  • santinidollarsantinidollar Posts: 1,056 ✭✭✭✭✭
    edited December 7, 2018 3:24PM

    MS62. Compared yours to the AU58 I have.

  • U1chicagoU1chicago Posts: 6,572 ✭✭✭✭✭

    @Insider2 you aren’t dreaming :)

  • sparky64sparky64 Posts: 7,048 ✭✭✭✭✭

    Aww jeez. Now he's going to need an even BIGGER hat.

    Nice work @Insider2 and great thread OP.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    Kudos to Mr. Fazzari!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Late to the game again... would have guessed low MS....Cheers, RickO

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