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Got the 1921 in the mail, Don’t worry I already knew about the dark spot when I bough the coin.

SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭
edited April 13, 2020 7:52PM in U.S. Coin Forum

You guys gussied well on the grade and some of you took a peak on cert verify but I got the coin and hear is the grade
Au 58

It has great luster, this coin is the embodiment of the phrase, it’s not about the holder/ grade, it’s about the coin 👍

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Comments

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭
  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @MFeld said:
    I think it would have made more sense to just update your original thread, rather than start a new one.

    I will mention it on the old discussion

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @MFeld said:

    @Justacommeman said:
    I would send that back if given the option. ( unless you knew it looked like this prior). Great chance that this is a bad rinse in motion

    m

    I would, too. The coin looked great in the PCGS photo, but unfortunately, looks very different and unappealing in both the video and the additional pictures.

    I have it in person right now and it looks stunning, probably got to get a new camera. I do agree the streaks do appear darker and detract a bit from the eye appeal but the coin it self is great 👍

  • keyman64keyman64 Posts: 15,550 ✭✭✭✭✭

    I would send it back asap.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @keyman64 said:
    I would send it back asap.

    To PCGS ?

  • keyman64keyman64 Posts: 15,550 ✭✭✭✭✭

    @markelman1125 said:

    @keyman64 said:
    I would send it back asap.

    To PCGS ?

    To the seller. Assuming, you just bought it from someone. The TV does not look like the coin you posted with the SPOT on the Y and other things.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • coinbufcoinbuf Posts: 11,866 ✭✭✭✭✭

    Interesting that we just had a thread where many of the replies would absolutely favor a TV over a sellers photos, the one that disproves the rule? >:)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @keyman64
    It’s the same coin, just probably been in the sun, I have it in my hand right now and it has


  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    It is the same coin

  • isaiah58isaiah58 Posts: 385 ✭✭✭

    I want to make sure I understand: did you buy this already slabbed coin based on the TV picture, and not on actual pictures of the current condition? Or did you buy the coin raw then submit it to be graded and slabbed? If it was already slabbed, and sold based on the TV image, then that was false advertising.

  • CameonutCameonut Posts: 7,386 ✭✭✭✭✭

    I cannot unsee the spot on the Y and the streak on the reverse.
    I know you looked high and low for this coin, but I think in the longer run, you will come to dislike it, especially if the spots get worse.
    Spoken from experience. When others recommend that your return it to the seller - do it!

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • MilesWaitsMilesWaits Posts: 5,438 ✭✭✭✭✭

    Still ugh. Your call but you got a lot of good and experienced advice here on the forum.
    I have a few 21s, one PCGS 63, and I would not touch that specimen.

    Now riding the swell in PM's and surf.
  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭
    edited April 13, 2020 2:45PM

    @isaiah58 said:
    I want to make sure I understand: did you buy this already slabbed coin based on the TV picture, and not on actual pictures of the current condition? Or did you buy the coin raw then submit it to be graded and slabbed? If it was already slabbed, and sold based on the TV image, then that was false advertising.

    No I already had pictures before I found out it had a true view , it was already slabbed but the seller had many pictures and to me, the dark spots did not really concern me, now that I have it in person, it looks even better 👍

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @Cameonut said:
    I cannot unsee the spot on the Y and the streak on the reverse.
    I know you looked high and low for this coin, but I think in the longer run, you will come to dislike it, especially if the spots get worse.
    Spoken from experience. When others recommend that your return it to the seller - do it!

    To be honest the spont may have darkened over the years but to me it doesn’t have a sever impact on the eye appeal, I honestly really like the coin, maybe when PCGS opens I can send it in for conservation.

  • CameonutCameonut Posts: 7,386 ✭✭✭✭✭

    @markelman1125 said:

    @Cameonut said:
    I cannot unsee the spot on the Y and the streak on the reverse.
    I know you looked high and low for this coin, but I think in the longer run, you will come to dislike it, especially if the spots get worse.
    Spoken from experience. When others recommend that your return it to the seller - do it!

    To be honest the spont may have darkened over the years but to me it doesn’t have a sever impact on the eye appeal, I honestly really like the coin, maybe when PCGS opens I can send it in for conservation.

    OK, do what you wish, but do it with your eyes open.
    Personally, I would look for another of the 1911 AU58 pieces out there.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • keyman64keyman64 Posts: 15,550 ✭✭✭✭✭

    @markelman1125 said:
    @keyman64
    It’s the same coin, just probably been in the sun, I have it in my hand right now and it has


    I didn't really mean that it is a different coin. The coin is in a much different condition than the TV depicts. Sorry for the confusion. The TV has no death spot or terrible streaks. Send it back. No way you would be able to sell it for anywhere close to what the TV suggests. In short, it is a PROBLEM COIN. Most people do not want problem coins in their collection.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • nagsnags Posts: 823 ✭✭✭✭

    To each their own, but you would have a nearly impossible time selling that one. I personally find the spots VERY distracting.

  • keyman64keyman64 Posts: 15,550 ✭✭✭✭✭

    @markelman1125 said:

    @Cameonut said:
    I cannot unsee the spot on the Y and the streak on the reverse.
    I know you looked high and low for this coin, but I think in the longer run, you will come to dislike it, especially if the spots get worse.
    Spoken from experience. When others recommend that your return it to the seller - do it!

    To be honest the spont may have darkened over the years but to me it doesn’t have a sever impact on the eye appeal, I honestly really like the coin, maybe when PCGS opens I can send it in for conservation.

    Why dump so much money into the coin? Shipping, insurance, EXPENSIVE conservation service, time, hassle? I have sent coins in for conservation and it was worth it. That one is not. I'd return that coin and look for a nice example to replace it with. It seems just about everyone else in this thread agrees. That should tell you something.

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • coinbufcoinbuf Posts: 11,866 ✭✭✭✭✭

    Good luck with the conservation if you go that route please do an update.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @keyman64, I understand where people are coming from and I respect everyone’s opinions, I really do like the coin though, it is in the eye of the beholder. I think I will hold on to it. 👍

  • david3142david3142 Posts: 3,609 ✭✭✭✭✭

    One thing you seem to be ignoring is that the coin may continue to spot/tone. Even if you like it now, its future is unknown and the coin is certainly not going to get any better-looking with time. It is quite clean but has a dipped look and the spots are likely the result of residue. I’d return it. Do not send for conservation. That would eat up 1/3rd of the value of the coin.

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

    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.

  • MFeldMFeld Posts: 15,002 ✭✭✭✭✭

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.

    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @MFeld said:

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.


    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    Who knows or maybe if I send it in to be Conserved, the grade will come back in the ms range. It looks ms in person but maybe because of the spots it got a lower grade. It’s best to be hopeful 😊. I am still happy with the coin. Honestly in person there is so much Rowling luster.

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭

    TV looks nice. In-hand...well, if you like it for what you paid for it, that's what matters. I think you can see, from the responses here, that you may have a hard time selling it if/when you decide to do that. I, personally, wouldn't want it either. I'm in that group of folks.

    Not sure why all that yucky dark crap doesn't show up as well in the TV (a little on the reverse does), but it would worry me.
    Either it was rinsed, or something, just before it was submitted and that stuff wasn't properly handled on the coin, or something else got on it just before. Got MUCH worse after slabbing it looks like.

    In the other thread, I had intimated it should be sent back in for a regrade. I withdraw that now.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • ironmanl63ironmanl63 Posts: 1,974 ✭✭✭✭✭

    @markelman1125 said:

    @MFeld said:

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.


    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    Who knows or maybe if I send it in to be Conserved, the grade will come back in the ms range. It looks ms in person but maybe because of the spots it got a lower grade. It’s best to be hopeful 😊. I am still happy with the coin. Honestly in person there is so much Rowling luster.

    It is best to be hopeful about situations you can not control. When you have control it is best to be smart. Sleep on it. I think you might have fell in love with a trueview and a post where everyone told you the coin was MS whatever. In reality the coin appears to be a problem coin.

    AU58 coins are supposed to have a lot of luster! Many AU58 Peace dollars have full luster with light hairlines or the slightest bit of rub that drop them to AU status. Good luck.

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

    @MFeld said:

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.


    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    LOL, I would say that depends a lot on who does the conservation. If it belonged to some folks here, they would do it themselves = FREE. Perhaps the OP knows a knowledgeable dealer. Professional conservation rates depend on where it is done. The cost of postage should be the same for all of them.

  • MFeldMFeld Posts: 15,002 ✭✭✭✭✭
    edited April 13, 2020 6:13PM

    @Insider2 said:

    @MFeld said:

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.


    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    LOL, I would say that depends a lot on who does the conservation. If it belonged to some folks here, they would do it themselves = FREE. Perhaps the OP knows a knowledgeable dealer. Professional conservation rates depend on where it is done. The cost of postage should be the same for all of them.

    Fine, figure the conservation at zero cost. There’s still postage and grading, which would likely total more than an insignificant percentage of the original cost of the coin.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited April 13, 2020 6:18PM

    @MFeld said:

    @Insider2 said:

    @MFeld said:

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.


    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    LOL, I would say that depends a lot on who does the conservation. If it belonged to some folks here, they would do it themselves = FREE. Perhaps the OP knows a knowledgeable dealer. Professional conservation rates depend on where it is done. The cost of postage should be the same for all of them.

    Fine, figure the conservation at zero cost. There’s still postage and grading, which would likely total more than an insignificant percentage of the original cost of the coin.

    You are correct. Best to buy the best you can rather than try to restore something. Yet in a last gasp effort....

    If a major "player" dipped it for free and sent it in and lucked out with a MS 63 or 64 grade would that combination of fantasy occurrences possibly break even?

  • MFeldMFeld Posts: 15,002 ✭✭✭✭✭

    @Insider2 said:

    @MFeld said:

    @Insider2 said:

    @MFeld said:

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.


    If he got it at good price, it won’t remain a good price after he spends money on postage and conservation and/or regrading.

    LOL, I would say that depends a lot on who does the conservation. If it belonged to some folks here, they would do it themselves = FREE. Perhaps the OP knows a knowledgeable dealer. Professional conservation rates depend on where it is done. The cost of postage should be the same for all of them.

    Fine, figure the conservation at zero cost. There’s still postage and grading, which would likely total more than an insignificant percentage of the original cost of the coin.

    You are correct. Best to buy the best you can rather than try to restore something. Yet in a last gasp effort....

    If a major "player" dipped it for free and sent it in and lucked out with a MS 63 or 64 grade would that combination of fantasy occurrences possibly break even?

    Key words - “fantasy occurrences”.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • isaiah58isaiah58 Posts: 385 ✭✭✭

    @markelman1125 said:
    @keyman64, I understand where people are coming from and I respect everyone’s opinions, I really do like the coin though, it is in the eye of the beholder. I think I will hold on to it. 👍

    From what you have said, when you purchased it you fully understood the current condition. In that case, you are doing the right and honest thing by not thinking about returning it. If I sold it, I would not expect it to be returned. You appear to have good integrity and I am not sure why so many people are saying you have a bad coin. If anything, you will decide from this experience how to proceed with your next purchase. This is a learning experience. I wish I could just purchase a coin based on pictures and not second guess myself. I sold cars for almost 18 years. If I buy a car I do not second guess myself. I know a used car is not going to be perfect. I know a brand new car may not be perfect. I do my best to check a car over. My customers appreciated my honesty and making sure they took their time to check a vehicle out. Then if someone pointed out a mark or scratch, they were happy to let that person know they made a good decision and are happy about it.

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @Justacommeman I don’t think I am going to send it to conservation any time soon if at all. I agree that sending it in to be conserved. It was an idea, speculation. This coin in person is vary attractive in my opinion with lots of luster. I think I will keep it as is. Maybe I cannot sell it but I was not planning on selling it anytime soon.

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

    @MFeld said: "Key words - “fantasy occurrences”.

    Yes, for some folks. o:)

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭
    edited April 13, 2020 6:58PM

    @isaiiah58 I didn’t know it had a true when I chose to buy the coin, I did look at it on Cert verify to make sure the coin and slab is authentic. The True view did play an influence on me but I really liked the sellers picture which showed good luster.
    Sellers pictures


    It stinks that the camera makes the spots more obvious. The coin is truly beautiful

  • jdimmickjdimmick Posts: 9,786 ✭✭✭✭✭

    You can see the very tiny spot on the T in the PCGS photo, which has now become a tremendous eye-sore

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @jdimmick said:
    You can see the very tiny spot on the T in the PCGS photo, which has now become a tremendous eye-sore

    Yea I agree especially since almost everything pointed it out. I still interested on keeping it long term

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    You and I have the same feelings.

    @Cameonut said:
    I cannot unsee the spot on the Y and the streak on the reverse.
    I know you looked high and low for this coin, but I think in the longer run, you will come to dislike it, especially if the spots get worse.
    Spoken from experience. When others recommend that your return it to the seller - do it!

  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭
    edited April 13, 2020 7:33PM

    @markelman1125

    I'm glad you like it. Few of us do. I can appreciate the positives that you see, but those spots are a huge distraction. To most people in the hobby they're THE defining attribute of the coin. "Truly beautiful" is not a phrase that would come to mind. If you bought it because you like it - that's fine. We all have different taste. If you ever, ever think you might want to sell it, you'll be in for a nasty surprise.

    I've learned this the hard way. In my younger, blissful days I was super proud of an MS65 1921 that I bought. It had a little ugly spot (much less obvious than the creosote scars on this guy). I overlooked it and assumed others would too. I showed it to a friend and he was honest enough to point out the huge mistake. After a few years, I sold it, with great difficulty, at a significant loss.

    The fact that this one is changing in the holder would put me off no matter what it looked like. You can't predict where it goes from here, other than even worse. The value of the coin doesn't merit conservation attempts. In other words, don't throw good money after bad.

    Sorry, but honesty is only useful policy in the long run.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    Really? I have been playing with coins for almost … if not as long as you have. There is no way you can get rid of that spot on the Y. You might lighten it a bit... but if you go for removal you will destroy the coin!

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.

  • SilverProofQuarter1883SilverProofQuarter1883 Posts: 1,883 ✭✭✭✭✭

    @BryceM I now feel a little guilty because I like the coin and want to keep it but everyone is saying I should have not bought it and I should give it back. I was totally surprised by everyone’s reaction to the spot. I was expecting some disapproval for the dark streak but I wasn’t expecting people to only judge the coin based on the dark scar. I was thinking it be though of as Toning. I have a similar spot on my Indian head proof and people seamed to react ok.

    Interesting how similar defects have different reactions

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    edited April 13, 2020 7:58PM

    @Insider2 said:
    If you got that coin at a good AU price, I'd keep it. All the discoloration will come off.

    Yeah, keep on conserving the coin every time the spots come back. That's a great long term strategy.
    Looks like those spots might have come back just since the last "conservation" and/or dipping.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    edited April 13, 2020 8:23PM

    @markelman1125 said:

    @BryceM I now feel a little guilty because I like the coin and want to keep it but everyone is saying I should have not bought it and I should give it back. I was totally surprised by everyone’s reaction to the spot. I was expecting some disapproval for the dark streak but I wasn’t expecting people to only judge the coin based on the dark scar. I was thinking it be though of as Toning. I have a similar spot on my Indian head proof and people seamed to react ok.

    Interesting how similar defects have different reactions

    This is the first time I've seen your IHC proof, and honestly, I don't love it either. The first thing my eye is drawn to on that coin is the dark band of haze on the reverse, followed by the spot you've highlighted. I could probably live with the toning streaks on the obverse if the rest of the coin spoke to me. FWIW.

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