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Help Educate Me
SIowhand
Posts: 370 ✭✭✭✭✭
I love this coin. I think it has great eye appeal. The more I look at it though, I wonder why it is straight graded given the rim damage below the date. Clearly I am wrong as PCGS thought differently and it has a CAC sticker. But I don't know why I am wrong.
Do you think it should have straight graded?
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I'm surprised it was straight graded with that rim damage. I'm also surprised that CAC stickered it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Not damaged enough for them to bag it.
"A dog breaks your heart only one time and that is when they pass on". Unknown
Interesting.... I have tried to rationalize it by thinking it is one sided and not a radical deformation... But then I look again and am surprised it graded.... Cheers, RickO
A little hard to tell without being able to enlarge the photos.
Don't see damage on the reverse as you would expect.
Just a dumb guess.......die damage????
Not sure.
Are you sure it is a PMD rim bump and not just something with the strike or planchette? I can't tell from the photo and not having it in-hand.
Looks like it took a forceful hit in that area. Metal movement of that nature makes it details.
Not sure if it is a die issue or damage. Graders must have thought die issue.
Sign of abrasion above the rim make me think PMD, but no grader here.
I always thought that if the damage goes beyond the rim, into the dentils, then it is details. Yours stops short of doing that and thus the straight grade.
Rims are designed to protect the design and it did it's job very well, 'eh?
bob
It's not a die or planchet problem.
It's rim damage/rim bruise -
PMD in any case.
Slowhand - your avatar is from my
favorite Dylan album ! Nice
I appreciate your thoughts. I’m not in a spot to take a better photo right now but will work on that. That is the photo from when I bought it.
Again, I do like the coin and saw that before I bought it. In hand, you have to want to see it to see it. So, it’s not distracting for sure. I’m just trying to understand the grading process.
When I look closely under magnification, and as you can see in this photo the discoloration between the date and rim, that appears as metal was moved. But only skin deep. So it does look like it took a good hit but not enough to damage below the rim and certainly not on the reverse.
Again, thank you looking.
Jason,
I don't remember the bruise in hand, but for me, if it bleeds past the denticles, then I consider it to be a damaged coin. This to me is totally acceptable and the coin stands on its own merits. Great fabric and remaining skin/color with top 10% eye appeal and in an OGH CAC holder if I recall.
Full disclosure to everyone, I sold this coin to Jason....and I would love to have it back if he ever grows weary of it.
John Marburger
Silicon Valley Coins
siliconvalleycoins.com
Do the graders cut more slack for rim damage on gold than other metals since it's softer and more easily deformed (and thus seen more frequently)? Kind of like how early copper planchet flaws are tolerated for straight grading whereas the same degree of flaw on a morgan dollar isn't?
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Thanks for chiming in John. Don't hold your breath on getting the coin back
In that case, let's finish the 1890s 'S' mint run in choice AU CAC, 1892-1899! Figured ~650/coin with gold at this level. 7 coins to go!
siliconvalleycoins.com
I like the overall look of the coin and the bruise appears to affect only the obverse (or, at least, not the reverse). I'm on the fence with straight-grade and/or CAC on this coin. My knee-jerk reaction was that it was a problem coin and that it should not have received the CAC sticker, but since the reverse looks okay then the obverse might not be hit too badly. Regardless, even though I like the eye appeal, I think the coin just made it in the eyes of both PCGS and CAC.
In honor of the memory of Cpl. Michael E. Thompson
Doesn’t look severe enough to be pointed out
Collector
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Hmmm, so who's going to come up with a sticker to approve CAC coins? That coin is a major push to be straight graded IMHO!
You say it straight graded, but what is the numeric grade? Is it possible that the coin may be net graded just a tad for the slight rim bruise?
It’s certainly not PQ. The sticker attests - it’s not a C coin in their view.
I don’t think it’s something I could get all the money on.
I think many would bid / offer no more than $20 above melt on it. But that may be too high. CU is 640 / they will need discount this to move it.
I do think if start at melt on bay will get bids.