Should I crack it out and resubmit?

Barry · November 23, 2003 6:15AM

I bought this coin in an AU-58 ANACS holder. I didn't (and still don't) see any rub. I showed it to a few people who also didn't see any rub. I cracked it out and sent it to PCGS and it came back AU-58. Is it worth trying again?

Here's the coin:

razorface1027 · November 23, 2003 6:21AM

If you were to play "guess the grade," I'd say 62 by the pics. That's a sharp piece!...

Blade · November 23, 2003 6:23AM

Nice piece. No matter what, it's got great eye-appeal and luster.

From the pic, it looks like some rub on breast and knee, but it's too tough to tell from a pic.

XpipedreamR · November 23, 2003 6:25AM

I'd ssay you're probably maxed-out at 58.

PCI will give it 64, at least, I'm sure

jdimmick · November 23, 2003 6:25AM

If PCGS and anacs both graded it independently as AU-58, then thats probably a good indication of the grade it is. I wouldnt waste the money to resubmit.

If the coin is PQ for the 58 grade(lightest friction) when you go to sell it, the holder grade wont matter as much anyway?

Just MO
jim d

Nice looking seated!

darktone · November 23, 2003 6:31AM

It actually looks to have rub in the fields to me. I would leave well enough alone. It is a nice coin though. mike

razorface1027 · November 23, 2003 6:36AM

I've got a measly 1945-S Walker in pcgs-64, 'RUB CITY,' yet it attained a 64...Go figure!

wallstreetman · November 23, 2003 6:36AM

AU58s are real good bets right now, PCGS is giving out more than ever! Hold on and wait a while, then resubmit, that coins a 62+

Boom · November 23, 2003 7:05AM

Hard to tell but look at the two stars at 11:00 o'clock and 1:00 o 'clock

tsacch · November 23, 2003 7:16AM

i say resubmit again, but go through someone else, try ngc

roadrunner · November 23, 2003 7:21AM

The coin has obvious rub on her right leg near the knee. Then again so do about 80% of all coins MS64 and down. Sad but true. I've seen MS64 coins with massive flat rubs like plateaus running the full length of her thigh. The only difference between those coins and that one is that those others had FULL and unbroken luster (cartwheel) in the fields. This coin has lots of chatter which breaks the luster up. The only way to get chatter that uniformly covers the field and breaks the luster up into thousands of little "points of light" is by circulation. The "plateaued" 64's even though technically still AU, get net graded by the services because they got most of their rub from constant friction in a cabinet or drawer. The fields being lower remained intact. The plateaued coin while not ever having circulated, is still a coin to avoid unless a very rare date or type and no alternatives exist.

The issue with flat stars, wing feathers, claws, etc. are never an indication of wear unless her leg and breasts, and probably the drapery folds, are also flat from wear. The eagle's upper wing tip
and claw knuckles are the first area of wear on the reverse. If they are flat from strike, look at the opposite side of the eagle for your determination. Same goes for flat head and stars and rims/denticles. Ignore those areas and go for the high point drapery folds and leg. If her leg is peaked with full luster across it, no way anything else will indicate wear unless you rubbed it out with a pencil eraser!

My basic axiom: Full field luster almost always equals UNC. IF the fields are not scuffy or chattered you probably have a gem coin, regardless of other flat areas due to striking. If you have luster flat on the rim (the highest part of the coin...but no one ever looks there)
and it's unbroken, that's usually a coin with all its field luster intact too. An 1839 no drapery half is notorious for a flat leg. So you'll have to look elsewhere to get some help: rims, wingtips, Liberty's outstretched arm and even the shield scroll. Almost always you'll find corroborating areas that all point to wear.

roadrunnerText

tjkillian · November 23, 2003 7:22AM

On coins such as this, the way PCGS tells that it is circulated is by the surface preservation. Look at the fields and notice all the marks on it. On uncirculated ones, the fields will be a lot smoother.

Tom

rainbowroosie · November 23, 2003 8:01AM

Have MadMarty submit it....

291fifth · November 23, 2003 9:23AM

PCGS AU-58 is a very desirable and salable grade. Why waste your money with more attempts at upgrades? They obviously see something that makes it AU-58, just as ANACS did.

Rittenhouse · November 23, 2003 10:04AM

Seated is one of my specialties. Roadrunner & tjkillian hit it - look at the fields on Seated. Open design with a lot of field area and Seated come very lustrous. Chatter or hairlines in the fields = AU every time regardless of strike or luster on the devices. Don't grade by stars, a few are often flat.

Nice coin tho', and worth a good premium over typical AU money.

Should I crack it out and resubmit?

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