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1876cc Seated Liberty Dime- ICG AU50
Ebeneezer
Posts: 332 ✭✭✭
Just picked up this rare DDO graded ICG AU50, damaged. As soon as I get it it's going to PCGS, which should straight grade it as well, but I feel that it'll come back EF45. As far as damaged, all I see is a minor scratch on the obverse which is not all that distracting. Still, for $60 dollars that's a steal all things considered.
Thoughts, comments, critique?
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I would be surprised if PCGS were to straight grade an ICG details coin.
That coin will not straight grade and the 76-CC DDO is not rare. Hate to be a party pooper!
I agree, no way that dime will straight grade with that scratch. Plus it looks environmentally damaged from the pics.
If not the scratch then the reverse "wizzing" will do it.
bob
PS: Still worth $60.
In addition to the scratch, the coin looks cleaned. I’d be very surprised it were to straight grade.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
A nice date and mint mark, but I do not think it will straight grade. Please let us know what happens when you send it in. Cheers, RickO
Save your money , don't send it in.
As an XF Details it's probably worth less than $100. Your choice if you want it in a PCGS holder, but I wouldn't expect to make money on it.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
send it in buddy. thanks
This series is a tough one to complete. In that, I don't seek out varieties and only buy them when a good deal comes along. According to the PCGS census report only two were graded as F-102. I would have to agree with the assessments given since this one was graded by ICG. A company who's grading standards are extremely forgiving to say the least, which is why I personally think it's an extra-fine. Who knows, maybe another will come along to replace this one.
To be clear, I am a collector. I buy coins for what they are with no intent of ever selling them off, instead passing them on to my heir apparent who already appreciates them as I do. I'm also the sort who buys the coin not the holder, cracking out hundreds to be replaced in Air-tites which look much better than those bulky squares. Not to mention the space saved to store them.
Thanks for the comments!
@Realone said: "You should know the issues with ICG by now, or maybe you don't........but now you do;).
That second tier TPGS service really does have major issues. I have worked there for 10 years. Unfortunately, I'm not good enough or experienced enough to work at a top service like PCGS. Since joining ICG, I've begged them to fix those issues you alluded to by:
Forcing the graders to have less personal contact with collectors at shows and on the phone.
Slowing down the amount of time it takes to return coins to be more in line with industry standards.
Raising their prices to the levels the two major services deserve to charge.
Not being so strict with problem coins.
So far, I've been ignored.
PS In the opinion of someone who actually graded the coin, it is weakly struck and harshly cleaned. When a coin has too many problems, I consider it to be damaged. Additionally, I try never to "net" grade a coin. While it may be a much better indication of value, IMO, it rarely describes the coin itself.
I'm not very good at "net" grading, so my opinion of Good-4 for this $30 "treasure" may be way off!
@Ebeneezer said: "To be clear, I am a collector. I buy coins for what they are with no intent of ever selling them off, instead passing them on to my heir apparent who already appreciates them as I do..."
A word to all those experienced collectors who buy what they like with no intent of ever selling them off.
If you don't ever try to sell some coins [you don't need to actually sell them] just to find out what they may be REALLY WORTH, you are doing a grave disservice to yourself and anyone you plan to leave your coins to.
Oh well. as long as you are having pleasure out of collecting, what does that matter?
The coin is a dog. Don't throw good money after bad by trying to cross it over to PCGS. Someone else's problem coin is now your problem coin. Sell it as quickly as you can for whatever you can get and don't look back.
Never selling coins is a bad idea. Without selling you never get a feel for the realities of the marketplace ... and those realities are often quite harsh.
@Ebeneezer
“This series is a tough one to complete. In that, I don't seek out varieties and only buy them when a good deal comes along.”
Numismatics is a lot like life. There’s typically no such thing as a free lunch and you get what you pay for something.