1842-0 small date (there is an NGC63 graded from Norweb but the coin is really an AU...I doubt the MS61 is an UNC either)
1858-s an NGC MS62 is likely not unc.
1859-s None yet graded and to my knowledge none known UNC
1860-s There is an NGC 61 but doubt its UNCticity. Like Coinosaurus said probably unk in UNC.
1861-s None yet graded and none known UNC to my knowledge
I think eventually all of these will come to light in truly fully UNC.
These are truly the humdingers of the seated quarters. All of the rare CC quarters are known in real UNC. In most cases MS62 and lower coins are not real uncs, just overgraded AU's in 90% of the cases.
That's interesting that so many AU coins are slabbed as MS. Do you find that this happens mostly at NGC, or is PCGS just as guilty of it? Do you personally think that this kind of net-grading is good or bad?
Going by the grading from the "good old days" the best ones are in EF. The services have graded a couple as high as AU-50 I think. No true Mint State on is known, and that stat might hold up. The coin has been a much admired rarity for well over 100 years, and no one has found one yet.
The 1802 half cent probably does not exist in Mint State. The best "old reverse" pieces have VF sharpness with problems. The best "new reverse" pieces are in EF.
The 1854-D three dollar gold might not exist in true Unc. I think an MS-62 has been "made," but since a lot of the MS-62 coins that I see are "sliders," a true Mint State example might not exist.
I would imagine that there are a lot of 19th century $10 gold coins that don't exist in Mint State. Those coins were real work horses at least for gold pieces, and many date and mint combinations may not exist in Unc.
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 ... ?
NGC is certainly more guilty of the net grading then PCGS but both do it. Many of today's MS61-62 pieces wouldn't have graded above AU58 in the early 1986-1990 market. Market grading allows major rubbing on seated and bust coins if the overall "look" is there to "simulate" mint state. It's not uncommon to see a slabbed MS64 seated half with Liberty's leg rubbed out. We can debate all day as to what those are, but I don't purchase them for MS 64 price. Many rubbed coins with half the field luster worn away appear much better than they are due to the effect of irridescent toning the sparkles similar to mint luster. There are no shortage of "pretty" MS65 half dimes and dimes with half their luster gone.
I don't buy a whole lot of MS61-62 coins because of the slide that has occured there over the past 12 years. It's almost to the point where you have to purchase MS66 coins to get away from obvious rub and too many field distractions...though you can still find legit and accurately graded MS coins in holders. Those are the ones to buy.
It is still possible to buy legit MS seated/bust type coins in MS62 holders. It just takes a lot of searching and patience. Most are not UNC.
<< <i>2006 Lincoln cent Aren't there a bunch of them stored with aliens in Area 51 >>
The 2009s are the ones you want. That of course, was the redesigned "Railsplitter" reverse in honor of Lincoln's 200th birthday and the last of the pennies to be minted out of metal.
In 2010 we went to the indestrutable ceramic-plastic hybrid composition and that marked the end of the proof Lincolns, actually it marked the end of any different grades, in fact.
By 2014 all coins were composed of the C-P hybrid material and collecting any of them became pointless.
You guys do remember this stuff, don't you???
"Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose." John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
"... actually it marked the end of any different grades, in fact." --Deadhorse
.....GOD
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
There are a lot date and mint mark combinations in the $10 gold series that are unknown in Mint State. Breen wrote that in his variety study books, and if you flip through David Akers book of auction records you see a large number of pieces with no Uncs. reported. Since the grades in that book were based on auction catalogs, which can tend list inflated grades, that is a credible source. Also when I saw Eliasberg's collection in 1976 at the U.S. mint, many collectors commented about the large number of circualted coins he had in his $10 gold set.
Just because the Red Book lists prices for pieces in Unc. does not mean that the coins really exist. In the 19th century collectors did not collect by mint mark. Therefore that factor, plus the fact that $10 was a lot of money back then, contributed to the fact that few pieces were intentionally saved.
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 ... ?
Comments
1803 Draped Bust dime?
siliconvalleycoins.com
1842-0 small date (there is an NGC63 graded from Norweb but the
coin is really an AU...I doubt the MS61 is an UNC either)
1858-s an NGC MS62 is likely not unc.
1859-s None yet graded and to my knowledge none known UNC
1860-s There is an NGC 61 but doubt its UNCticity. Like
Coinosaurus said probably unk in UNC.
1861-s None yet graded and none known UNC to my knowledge
I think eventually all of these will come to light in truly fully UNC.
These are truly the humdingers of the seated quarters. All of the rare CC quarters are known in real UNC. In most cases MS62 and lower coins are not real uncs, just overgraded AU's in 90% of the cases.
roadrunner
That's interesting that so many AU coins are slabbed as MS. Do you find that this happens mostly at NGC, or is PCGS just as guilty of it? Do you personally think that this kind of net-grading is good or bad?
Dan
mcinnes@mailclerk.ecok.edu">dmcinnes@mailclerk.ecok.edu
Going by the grading from the "good old days" the best ones are in EF. The services have graded a couple as high as AU-50 I think. No true Mint State on is known, and that stat might hold up. The coin has been a much admired rarity for well over 100 years, and no one has found one yet.
The 1802 half cent probably does not exist in Mint State. The best "old reverse" pieces have VF sharpness with problems. The best "new reverse" pieces are in EF.
The 1854-D three dollar gold might not exist in true Unc. I think an MS-62 has been "made," but since a lot of the MS-62 coins that I see are "sliders," a true Mint State example might not exist.
I would imagine that there are a lot of 19th century $10 gold coins that don't exist in Mint State. Those coins were real work horses at least for gold pieces, and many date and mint combinations may not exist in Unc.
I don't buy a whole lot of MS61-62 coins because of the slide that has occured there over the past 12 years. It's almost to the point where you have to purchase MS66 coins to get away from obvious rub and too many field distractions...though you can still find legit and accurately graded MS coins in holders. Those are the ones to buy.
It is still possible to buy legit MS seated/bust type coins in MS62 holders. It just takes a lot of searching and patience. Most are not UNC.
roadrunner
<< <i>2006 Lincoln cent Aren't there a bunch of them stored with aliens in Area 51
The 2009s are the ones you want. That of course, was the redesigned "Railsplitter" reverse in honor of Lincoln's 200th birthday and the last of the pennies to be minted out of metal.
In 2010 we went to the indestrutable ceramic-plastic hybrid composition and that marked the end of the proof Lincolns, actually it marked the end of any different grades, in fact.
By 2014 all coins were composed of the C-P hybrid material and collecting any of them became pointless.
You guys do remember this stuff, don't you???
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
The list of dated 19th century Liberty gold that doesn't exist in UNC is a long one I'm sure. Dozens and dozens I would think.
roadrunner
Just because the Red Book lists prices for pieces in Unc. does not mean that the coins really exist. In the 19th century collectors did not collect by mint mark. Therefore that factor, plus the fact that $10 was a lot of money back then, contributed to the fact that few pieces were intentionally saved.