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My 7 year old grandsons first coin purchase ....... Let's grade it !!!

HarlequinHarlequin Posts: 265 ✭✭✭
edited October 15, 2023 1:22AM in U.S. Coin Forum

For my grandsons 7th birthday I told him he could buy any coin(s) he wants with a budget of $200. As is, he has been collecting coins since he was 5 years old as I would always sit him down with me while I would view my collection and I would give him info on the coins, values, history, and provenance (if applicable).

Here is his first "BIG" purchase pictured below and for a kid I think he did quite well! I've always told him to buy what he "likes" and what he "enjoys" and keep the financial aspects and implications separate.

He just purchased the coin online yesterday so we have not been able to put our due diligence on the coin yet but he is curious about the grade? Based on the pics provided by the seller we have a good guess but he just wanted to get info from you folks here as he uses my account to browse all the info available here.

As is, what do you think it would grade with PCGS and should he submit it for grading or keep it raw in his album ?

Let us know .......

🇺🇸 Harlequin
harlequinnumismatic@gmail.com
Home of the Americana Collection of USA silver coins

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    TwobitcollectorTwobitcollector Posts: 4,778 ✭✭✭✭✭

    Nice coin, AU50

    Positive BST Transactions with:
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    HarlequinHarlequin Posts: 265 ✭✭✭

    Thanks Twobit ......

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    HarlequinHarlequin Posts: 265 ✭✭✭
    edited October 15, 2023 6:10PM

    FYI ....... He paid $112.00 for this coin at auction so he still has $88 to buy another one? I am interested in what he is going to buy next ???? Hmmm

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    jfriedm56jfriedm56 Posts: 3,101 ✭✭✭✭✭

    Looks AU 55.

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    WalkerloverWalkerlover Posts: 1,041 ✭✭✭✭

    Real nice coin I think maybe even AU58. Great eye appeal

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    gumby1234gumby1234 Posts: 5,901 ✭✭✭✭✭

    Nice looking coin. I'd guess a 55.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

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    erwindocerwindoc Posts: 5,449 ✭✭✭✭✭

    Looks like a great purchase, AU58.

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    ChangeInHistoryChangeInHistory Posts: 3,122 ✭✭✭✭✭

    AU-55, good choice for a first coin.
    (Glad his first purchace wasn't a bunch of cull large cents, buffalo Nickels, and seated dimes)!

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    BillJonesBillJones Posts: 35,962 ✭✭✭✭✭

    @Twobitcollector said:
    Nice coin, AU50

    It’s better than that. I have seen worse in Mint State holders. It does not seem to have the usual rub on the knee, but there is some friction in the fields, especially the reverse.

    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 ... ?
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    jayPemjayPem Posts: 4,119 ✭✭✭✭✭

    Cool!
    He's got enough left to fund a nice AU Walker and Peace dollar maybe?

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    OnastoneOnastone Posts: 4,423 ✭✭✭✭✭

    Great choice!!! I'd go raw....keep it in a capsule and enjoy!

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    291fifth291fifth Posts: 25,223 ✭✭✭✭✭

    AU55. A nice album coin. I wouldn't pay to have it slabbed.

    All glory is fleeting.
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    ironmanl63ironmanl63 Posts: 1,975 ✭✭✭✭✭

    Nice coin. I hope my grandkids will enjoy collecting. The oldest is 3 and i just started showing her coins. I will introduce them to the hobby and maybe they will like it. Not sure on the grade as I collect uncirculated coins. Nice post!

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    7Jaguars7Jaguars Posts: 8,023 ✭✭✭✭✭

    Wow, $200 for a 7 year old! No words, but wow.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    JimTylerJimTyler Posts: 4,109 ✭✭✭✭✭

    Nice choice. Usually see a D mint mark on a 26. Little scarcer and nice head detail original 👍

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    UncleJoeUncleJoe Posts: 2,552 ✭✭✭

    I like 55

    Joe.

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    TennesseeDaveTennesseeDave Posts: 4,916 ✭✭✭✭✭

    Is that pvc on the reverse from TES in States down through the 1st 3 stars? Might need a soak in acetone.

    Trade $'s
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    Glen2022Glen2022 Posts: 1,005 ✭✭✭✭

    I've tried to get my grand kids (10 and 12) interested. No luck. Enjoy him while you can. In no time, he will be off to college, married and you will be a great grandfather.

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    Mr_SpudMr_Spud Posts: 7,286 ✭✭✭✭✭

    58

    Mr_Spud

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    pursuitoflibertypursuitofliberty Posts: 7,934 ✭✭✭✭✭

    That looks like a solid shot 58 coin, and probably needs a quick acetone bath.

    Your grandson has a very good eye.

    If he works it right, I bet he can add a nice Merc' and a later date Walker, both in similar condition, and make it a heck of a trio.


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
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    AUandAGAUandAG Posts: 25,052 ✭✭✭✭✭

    I'm in the 55 camp,,,,,,,, or maybe the 58 camp. :)

    bob :)
    vegas baby!

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    coinbufcoinbuf Posts: 12,588 ✭✭✭✭✭

    I could see that in a 58 holder, 55 at CACG. ;)

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    NeophyteNumismatistNeophyteNumismatist Posts: 1,117 ✭✭✭✭✭

    What an excellent coin for a 7 year old - WOW!

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

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    Tom147Tom147 Posts: 1,619 ✭✭✭✭✭
    1. Way to start him early.
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    mlittlemlittle Posts: 189 ✭✭✭

    AU55 or 58

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    Steven59Steven59 Posts: 11,282 ✭✭✭✭✭

    " I've always told him to buy what he "likes" and what he "enjoys" and keep the financial aspects and implications separate."

    You sure he's 7 and not 17? :) Very nice coin - AU55

    "When they can't find anything wrong with you, they create it!"

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    erwindocerwindoc Posts: 5,449 ✭✭✭✭✭

    Are you going to let him purchase the Type 1 quarters???

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    Pnies20Pnies20 Posts: 2,605 ✭✭✭✭✭

    Great looking coin. He’s got a good eye! AU55

    BHNC #248 … 140 and counting.

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    crazyhounddogcrazyhounddog Posts: 14,253 ✭✭✭✭✭

    The kid’s alright👍. I’ll say 55 due to the better luster. Nice choice

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
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    johnny9434johnny9434 Posts: 34,247 ✭✭✭✭✭

    A 55 will do it

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    ajaanajaan Posts: 18,019 ✭✭✭✭✭

    Unc. details.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    HillbillyCollectorHillbillyCollector Posts: 736 ✭✭✭✭✭

    Wonderful coin for a 7 year old to be buying, I really like it!
    I have practically no experience with this series and am sure I’m shooting low. I see great luster on the reverse but have a harder time with the obverse, thus I’m saying AU53.
    >

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    HarlequinHarlequin Posts: 265 ✭✭✭
    edited October 15, 2023 6:02PM

    Thanks for all the posts folks !!! My grandson has been reading them and he thanks you all for the info.

    He said he is going to work on collecting a full type set of USA silver coins in AU - Uncirculated condition. He doesn't want to
    certify them yet as he said he likes raw coins. I explained to him the facts on "counterfeit" coins so he knows what to look for with regard to collecting raw coins.

    Since he has "lofty" goals to say the least, I teach him to work for what he wants and work he will !!! I have increased his chores 3x around the house and he has accepted that whole heartedly as he understands that I have spent years building my personal collection so he knows it will take him a few years and hard work to accomplish his goals.

    Another stipulation I put on the deal is that he also has to maintain his current 3.8 gpa in school and I will continue to fund his endeavors.

    He said his next purchase will be a WL 50c so I will post that when he gets it. He is a pickey buyer so it might take a little while for him to find what he wants so stay tuned ......

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    HarlequinHarlequin Posts: 265 ✭✭✭

    @ChangeInHistory said:
    AU-55, good choice for a first coin.
    (Glad his first purchace wasn't a bunch of cull large cents, buffalo Nickels, and seated dimes)!

    LOL ..... So right !!! I'm glad too as I don't want to finance trash !!!

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    HarlequinHarlequin Posts: 265 ✭✭✭
    edited October 15, 2023 6:29PM

    @erwindoc said:
    Are you going to let him purchase the Type 1 quarters???

    If he wants to? He likes the SL series so I encouraged him to look at the T1's so he has them on the radar but he hasn't committed yet as he said they are too expensive now and he would have to work too hard to acquire them (and he is absolutely right) ...... Lol

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    HarlequinHarlequin Posts: 265 ✭✭✭
    edited October 15, 2023 7:22PM

    @ajaan said:
    Unc. details.

    Interesting call. Looking at the pictures I kinda thought the same. Will see when we get the coin in hand! I will post info on the luster, and original patina as these would be the deciding factors for me ...... I Will DM you my findings and post here as well so stay tuned

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    HarlequinHarlequin Posts: 265 ✭✭✭

    @Pnies20 said:
    Great looking coin. He’s got a good eye! AU55

    I agree. He has a good eye and should make for a great numismatist in future years. I will groom him accordingly.

    🇺🇸 Harlequin
    harlequinnumismatic@gmail.com
    Home of the Americana Collection of USA silver coins

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    UncleJoeUncleJoe Posts: 2,552 ✭✭✭

    @Harlequin said:
    …

    He said his next purchase will be a WL 50c so I will post that when he gets it. He is a pickey buyer so it might take a little while for him to find what he wants so stay tuned ......

    .
    I won’t be home until Wednesday. I will post some raw WL 50c and your grandson can choose one for a birthday present.

    Joe.

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    goldengolden Posts: 10,546 ✭✭✭✭✭

    55 here.

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    orevilleoreville Posts: 12,427 ✭✭✭✭✭

    My grandson is only 21 months old ... still wants to gnaw on the big coins. Need to sterilize them first.

    A Collectors Universe poster since 1997!
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    ajaanajaan Posts: 18,019 ✭✭✭✭✭

    @oreville said:
    My grandson is only 21 months old ... still wants to gnaw on the big coins. Need to sterilize them first.

    I have a granddaughter the same age. I gave here a gold coin dated her birth year.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭

    My first thought was mint state.

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    davewesendavewesen Posts: 6,995 ✭✭✭✭✭

    I'm leaning AU58

    for next coin a Mercury dime or Walking Liberty half if they like design

    or Barber or Washington quarter if they like the denomination

    or an early commemorative for something different

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    orevilleoreville Posts: 12,427 ✭✭✭✭✭

    @ajaan said:

    @oreville said:
    My grandson is only 21 months old ... still wants to gnaw on the big coins. Need to sterilize them first.

    I have a granddaughter the same age. I gave here a gold coin dated her birth year.

    Maybe they can meet?

    Handsome little boy too. LOL.

    A Collectors Universe poster since 1997!
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    nwcoastnwcoast Posts: 2,906 ✭✭✭✭✭

    Great coin!
    The kid has great taste.

    I’m in the 58 camp

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

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    LeeBoneLeeBone Posts: 4,897 ✭✭✭✭✭

    I grade it "Awesome!"
    Tell him to keep up the good work :)

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    messydeskmessydesk Posts: 20,832 ✭✭✭✭✭

    Hard to see Liberty's knee in the picture. I'll say 58.

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    UncleJoeUncleJoe Posts: 2,552 ✭✭✭

    41-D, 43 and 45. The 45 is the clearest and the other 2 have a little color. Let me know which one your grandson selects and PM me a mailing address. Happy birthday!

    Joe.

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    FrankHFrankH Posts: 982 ✭✭✭✭✭

    It would be interesting to hear what in that SLQ attracted his desire to own it. :)

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