Grade Opinions - 1900 Liberty $10

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pmh1nic
pmh1nic Posts: 3,503 ✭✭✭✭✭

I’m posting a couple of pictures to capture the coin with light striking from different angles. There are a couple of light scratches on the holder (one most prominent at about 2:00 on the obverse). Let me know what you think as far as grade.



The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
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  • Stuart
    Stuart Posts: 9,831 ✭✭✭✭✭
    edited July 19, 2021 12:53PM
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    @pmh1nic IMO AU-58 to MS-61 However, may receive a details grade due to possible Rim Filing and/or damage on reverse from 8:00-1:00. 🤔


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • TurtleCat
    TurtleCat Posts: 4,692 ✭✭✭✭✭
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    I’m thinking 62 is what’s on the holder.

  • asheland
    asheland Posts: 24,548 ✭✭✭✭✭
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  • Walkerguy21D
    Walkerguy21D Posts: 12,165 ✭✭✭✭✭
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    Is there a scratch or die break or something else down the back of Liberty’s neck?
    Assuming it’s something benign, I’ll go with 63.

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  • Aethelred
    Aethelred Posts: 9,291 ✭✭✭
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    62, maybe 63

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  • cheezhed
    cheezhed Posts: 6,408 ✭✭✭✭✭
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    64

    Many happy BST transactions
  • JimTyler
    JimTyler Posts: 4,101 ✭✭✭✭✭
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    Typical generic gold

  • airplanenut
    airplanenut Posts: 22,766 ✭✭✭✭✭
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    I don't think any of the chatter is particularly bad, and I think it's accentuated by the harsh light. With strong lustre, I wouldn't be surprised to see it in a 63 holder, though if that's wrong, I'd think a 62 more likely than 64.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @Stuart said:
    @pmh1nic IMO AU-58 to MS-61 However, may receive a details grade due to possible Rim Filing and/or damage on reverse from 8:00-1:00. 🤔

    A better picture of that section . It did receive a straight grade.

    .

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @Walkerguy21D said:
    Is there a scratch or die break or something else down the back of Liberty’s neck?
    Assuming it’s something benign, I’ll go with 63.

    It’s actually a scratch in the plastic.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    I grade it 62. Not a coin I'd buy, but glad you're happy with it.

  • NumisOxide
    NumisOxide Posts: 11,049 ✭✭✭✭✭
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    62

  • tradedollarnut
    tradedollarnut Posts: 20,761 ✭✭✭✭✭
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  • jesbroken
    jesbroken Posts: 11,253 ✭✭✭✭✭
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    @pmh1nic said:

    @Walkerguy21D said:
    Is there a scratch or die break or something else down the back of Liberty’s neck?
    Assuming it’s something benign, I’ll go with 63.

    It’s actually a scratch in the plastic.

    @pmh1nic Are you talking about the horizontal scratch on the plastic? Because I believe the vertical line to be a die line. Its awfully strange looking for a scratch in the plastic. If not a defect as a scratch on the coin, I would grade the coin 63.
    Jim


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  • kaz
    kaz Posts: 9,378 ✭✭✭✭✭
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    63? Lighting often exaggerates marks and downplays luster.

  • ShipwreckCoinHunter
    ShipwreckCoinHunter Posts: 1,990 ✭✭✭✭✭
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    Ms 62 ?

  • mannie gray
    mannie gray Posts: 7,259 ✭✭✭✭✭
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    62+/63-

  • Kliao
    Kliao Posts: 5,802 ✭✭✭✭✭
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    62

    Collector
    Over 100 Positive BST transactions buying and selling with 57 members and counting!
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  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @jesbroken said:

    @pmh1nic said:

    @Walkerguy21D said:
    Is there a scratch or die break or something else down the back of Liberty’s neck?
    Assuming it’s something benign, I’ll go with 63.

    It’s actually a scratch in the plastic.

    @pmh1nic Are you talking about the horizontal scratch on the plastic? Because I believe the vertical line to be a die line. Its awfully strange looking for a scratch in the plastic. If not a defect as a scratch on the coin, I would grade the coin 63.
    Jim

    Photographs can be so deceiving. That vertical line is a very fine scratch on the plastic. Actually even with slab in hand you don’t see it until you look at a certain angle.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • pcgscacgold
    pcgscacgold Posts: 3,831 ✭✭✭✭✭
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    I am in the 62 camp. I have several similar and enjoy generic gold.

  • JonBrand83
    JonBrand83 Posts: 490 ✭✭✭✭✭
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    61 but labeled 62 by ngc

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  • 291fifth
    291fifth Posts: 25,218 ✭✭✭✭✭
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    63

    All glory is fleeting.
  • PerryHall
    PerryHall Posts: 47,760 ✭✭✭✭✭
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    63 unless there are issues such as hairlines that are not showing up in the pics.

    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

  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    For those that said 63 that was how I was leaning when I purchased the coin in the NGC 62 holder. I paid 62 money but there really isn’t much difference in the price between a 62 and 63.

    The chatter in the fields is very light and in my opinion not really distracting. In fact there is no one mark that really draws a lot of attention to it which is something you might expect with a 62 coin and definitely would expect to see with a 60 or 61. It has good luster and in hand a nice “generic” gold coin.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • coinbuf
    coinbuf Posts: 12,577 ✭✭✭✭✭
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    I'm in the 63 camp.

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  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
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    62

    Investor
  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @asheland said:
    64

    If only. From 62 to 64 the price doubles. I've never been that lucky.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @coinbuf said:
    I'm in the 63 camp.

    In my opinion the coin could have gone 62 or 63. In this case not much difference in price. But for some dates/mint marks that one point difference means thousands of dollars. For the 1880-O the difference in price between the grades is $40,000!

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • BillJones
    BillJones Posts: 35,938 ✭✭✭✭✭
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    MS-63, in the middle of the grade, no +.

    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 ... ?
  • Stuart
    Stuart Posts: 9,831 ✭✭✭✭✭
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    @pmh1nic said:
    In my opinion the coin could have gone 62 or 63. In this case not much difference in price.

    If there isn’t much price difference b/t MS-62 & MS-63, my preference would be to purchase an MS-63 that was solid for the grade, with MS-64 Eye Appeal 😉


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • coinkat
    coinkat Posts: 24,542 ✭✭✭✭✭
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    we are grading the images and not the coin... just put me in the unimpressed crowd.

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  • PerryHall
    PerryHall Posts: 47,760 ✭✭✭✭✭
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    I think that buying gold Liberty $10's in this grade is a great way to own some gold at a cost that's not too much over bullion value. I see inflation in our future so owning some gold is a smart thing to do.

    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

  • MFeld
    MFeld Posts: 17,151 ✭✭✭✭✭
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    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

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

  • PhilLynott
    PhilLynott Posts: 900 ✭✭✭✭✭
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    From those images I'd grade it a 63 or 64 can't see it being anything other than one of those personally.

    Might be my favorite us series, love the $10 libs.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    MS62 would be my assessment....That mark on the back of the neck... that you say is not there but on the slab, sure looks strange. Cheers, RickO

  • fathom
    fathom Posts: 2,203 ✭✭✭✭✭
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    That is not close to a 63 with all that rim scuffing.

  • skier07
    skier07 Posts: 4,836 ✭✭✭✭✭
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    @Stuart said:

    @pmh1nic said:
    In my opinion the coin could have gone 62 or 63. In this case not much difference in price.

    If there isn’t much price difference b/t MS-62 & MS-63, my preference would be to purchase an MS-63 that was solid for the grade, with MS-64 Eye Appeal 😉

    This.

    And if you can find one with a sticker without a premium even better.

  • JimTyler
    JimTyler Posts: 4,101 ✭✭✭✭✭
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    @MFeld said:
    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

    When I say “typical generic gold” was my comment I am referring to a coin that’s value is based on its gold content. An MS66 may be generic gold for the most part it not typical and has a premium over its gold value.

  • MFeld
    MFeld Posts: 17,151 ✭✭✭✭✭
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    @JimTyler said:

    @MFeld said:
    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

    When I say “typical generic gold” was my comment I am referring to a coin that’s value is based on its gold content. An MS66 may be generic gold for the most part it not typical and has a premium over its gold value.

    To me, a coin whose value is based on its gold content is a bullion gold coin. not a generic gold coin.

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

  • PerryHall
    PerryHall Posts: 47,760 ✭✭✭✭✭
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    @MFeld said:

    @JimTyler said:

    @MFeld said:
    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

    When I say “typical generic gold” was my comment I am referring to a coin that’s value is based on its gold content. An MS66 may be generic gold for the most part it not typical and has a premium over its gold value.

    To me, a coin whose value is based on its gold content is a bullion gold coin. not a generic gold coin.

    A coin can be both a generic coin and a bullion coin. One doesn't preclude the other.

    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

  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @JimTyler said:

    @MFeld said:
    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

    When I say “typical generic gold” was my comment I am referring to a coin that’s value is based on its gold content. An MS66 may be generic gold for the most part it not typical and has a premium over its gold value.

    The statement “value is based on its gold content” is somewhat relative. The typical premium for an 1/2 Gold American Eagle might be 15%. The PCGS price on a 1900 $10 MS-62 is $1200-$1250. Consider the coin has about 0.48 oz of gold that price would be about $870 worth of gold so the $1200 would represent a 40% premium over spot. That’s about 2.5x the premium for generic bullion. I would never pay a 40% premium for bullion. Of course this pales in comparison to the “premium” over spot for many numismatic coins.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • MFeld
    MFeld Posts: 17,151 ✭✭✭✭✭
    edited July 20, 2021 9:13AM
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    @PerryHall said:

    @MFeld said:

    @JimTyler said:

    @MFeld said:
    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

    When I say “typical generic gold” was my comment I am referring to a coin that’s value is based on its gold content. An MS66 may be generic gold for the most part it not typical and has a premium over its gold value.

    To me, a coin whose value is based on its gold content is a bullion gold coin. not a generic gold coin.

    A coin can be both a generic coin and a bullion coin. One doesn't preclude the other.

    At particular lower lower level grades, I agree. But at a given grade point, the premium over the price of gold becomes significant enough so that it's no longer a bullion gold coin.

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

  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @ricko said:
    MS62 would be my assessment....That mark on the back of the neck... that you say is not there but on the slab, sure looks strange. Cheers, RickO

    When I crack it out I’ll take some more pictures.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @coinkat said:
    we are grading the images and not the coin... just put me in the unimpressed crowd.

    What’s your grade in the image?

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • JimTyler
    JimTyler Posts: 4,101 ✭✭✭✭✭
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    @pmh1nic said:

    @JimTyler said:

    @MFeld said:
    I've seen more than one comment here, which seemed to equate "generic gold coin" with a relatively low mint state grade. To me, generally, a "generic gold coin" is a common date example for the type, which can be any grade through (at least as high as) MS66.

    When I say “typical generic gold” was my comment I am referring to a coin that’s value is based on its gold content. An MS66 may be generic gold for the most part it not typical and has a premium over its gold value.

    The statement “value is based on its gold content” is somewhat relative. The typical premium for an 1/2 Gold American Eagle might be 15%. The PCGS price on a 1900 $10 MS-62 is $1200-$1250. Consider the coin has about 0.48 oz of gold that price would be about $870 worth of gold so the $1200 would represent a 40% premium over spot. That’s about 2.5x the premium for generic bullion. I would never pay a 40% premium for bullion. Of course this pales in comparison to the “premium” over spot for many numismatic coins.

    I forgot about the current crazy premiums.

  • asheland
    asheland Posts: 24,548 ✭✭✭✭✭
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    I guess I was optimistic in my grade... :# I love the series...

  • PerryHall
    PerryHall Posts: 47,760 ✭✭✭✭✭
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    @pmh1nic said:

    @ricko said:
    MS62 would be my assessment....That mark on the back of the neck... that you say is not there but on the slab, sure looks strange. Cheers, RickO

    When I crack it out I’ll take some more pictures.

    Why crack it out? A coin like this is easier to sell in a top tier slab.

    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

  • pmh1nic
    pmh1nic Posts: 3,503 ✭✭✭✭✭
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    @PerryHall said:

    @pmh1nic said:

    @ricko said:
    MS62 would be my assessment....That mark on the back of the neck... that you say is not there but on the slab, sure looks strange. Cheers, RickO

    When I crack it out I’ll take some more pictures.

    Why crack it out? A coin like this is easier to sell in a top tier slab.

    I have no plans to sell it and according to Peter Schiff gold will be at $15,000 by the end of the year :).

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • Stuart
    Stuart Posts: 9,831 ✭✭✭✭✭
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    @PerryHall asked you the same question I was going to ask — why you’re planning to crack it out of its current NGC graded slab?

    @pmh1nic You didn’t answer his question…? 🤔


    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"

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