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Should I have this slabbed ?
goldfixer21
Posts: 136 ✭✭✭
I just picked up this 1807 Draped Bust half eagle. She has a pretty nasty scratch across her head. Am I correct that this would get a Details grade if I sent it off?
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Details at best, assuming it isn't counterfeit.
Dave
I don't think it matters right now. It already has ONE scratch, do you want it to have TWO scratches? This way with a details grade, it'll be in a protective holder, prevent and further wear and/or abuse. Plus you'll know an approximate grade. I'd LOVE to have that coin if genuine and they'll prove it is! If you want to sell it, just have it slabbed and request offers, or keep this FANTASTIC part of American history. Just my fifty cents!
I think a details grade is highly likely, how sure are you as to the authenticity of the coin? If I was questioning the authenticity that is the only reason I would submit this coin.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
To be honest I have no idea if it's genuine.
Nice coin to have in my coin box and would pass on the slab. Again your coin, enjoy it
If it were mine, I would get it slabbed for authentication purposes even though it will get a details grade.
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
Why would you buy it if you didn’t know it was genuine? Even a details coin is probably worth at least $6K. If you got it for much less than that it is either counterfeit or you got it from someone who knows nothing about coins.
I purchased it along with a lot of bullion coins today from a longtime customer. I bought it cheap enough to take a chance on it, after explaining to her that without an expert looking at it I was taking a chance, hence a low offer on it. I told her what it could possibly be worth if genuine, and explained that it would most likely be graded as damaged due to the scratch. She just wanted to sell it, so I made her an offer which she accepted.
I don't THINK it's genuine, but I could be wrong. I would send it in as it's authenticity will then be known and either way, the grade won't really matter (it's a details coin in more ways than just the scratch)
“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
It doesn't "feel" genuine, but if it is then it appears to be not only scratched, but also ex-jewelry.
In honor of the memory of Cpl. Michael E. Thompson
I'm going to assume the gold verified?
I'd send it in.
Yes it is definitely 22 karat gold.
I would get it slabbed for authenticity reasons then blow it out on bourse floor or auction.
My first hunch is that it is genuine. Would be a super score if it was certified as such! I think you did well buying it even at a risk price.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
Unless you are sure of its authenticity, pony up the fifty bucks (or whatever) and get it certified.
On the web: http://www.earlyus.com
I did send it to our host. Just got notified that it was graded VF Details Damaged. Sometimes taking an semi-educated guess works out
Nice. It’s a shame the coin is beat up, but that’s a big win to get it into a genuine holder.
Nothing is as expensive as free money.