It's a beauty Mark . If the luster is decent call it an AU-55
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
Dang, I guess I'm a bit tough on it. I'd say more of a 45 to 50. Looks like some wear on the drape, hair as well as the eagles wings and tail. Too much to consider it a mint state.
We are finite beings, limited in all our powers, and, hence, our conclusions are not only relative, but they should ever be held subject to correction. Positive assurance is unattainable. The dogmatist is the only one who claims to possess absolute certainty.
The grade: PCGS AU58, though I think it could go 61 or 62 on a "good" day.
In all seriousness, I believe that anyone who guessed AU55 or lower was being too harsh. There is little, if any, obvious wear on the coin, as per the images.
I did not get to take this test but i agree with Mark's analysis. The key is if the high points wear or loss of luster is covered up well enough by the toning and also the overall eye appeal of the coin.
I just bought an Unc. of this date. I've seen six of them and read about the coin before making an offer on it. This is a very rare early die state 1807 Dime. Most of them have strong to very severe clash marks in the obverse field to the viewer's right between the upper part of Miss Liberty's face and the rim.
Only one set of dies was used to mint all 1807 Dimes, and many of the Unc. later die state coins are missing all sorts of detail, and look rather unattractive in general.
I see slight wear in one of the curls near Miss Liberty's ear. There also appear to be some slight luster breaks on Miss Liberty's face and neck. Agree with the PCGS grade, and also Mark's assessment of the coin.
This is why when I am buying an Unc., I try not to go lower than an MS 63. I have found in the MS 60-MS 62 range, what's usually there is either a market-graded AU 58 or a really ugly coin; usually the former.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
I'd don't think a technical grade of AU-55 is too harsh, given the hits from circulation on the cheek and light wear. I can see going AU-58 as a market grade given the coin's beauty, but still prefer to let the auctions set prices rather than having the eye appeal set the grade/expected value. As for MS-62, if it's got wear it's got wear--sad in this case, but the grade won't change that.
Very nice. I'll take a stab at AU-50 (I cant tell anything about the luster) Damn that's nice! What do you think the Market Value is for THAT particular coin?
Today's mighty oak is just yesterday's nut that held its ground.
We keep getting posts as to how the coin market is overheated and prices are too high. In part I agree, but I think this post by Coinguy1 and another earlier one by him, with a magnificently toned seated coin-- shows something else. I really think collectors have in the past 2 years become more sophisticated. There is no longer a strict worship of the best grade and Registry nimber. Instead collectors are slowly realizing the certain eye appealing and original coins are just plan hard to find. So forget the darn PCGS opinion/price guide; when a real original beauty shows up, it's going for absolute top dollar now to an increasingly more sophistiacted collector. The days of the dipped, white, ex:crackout coin getting top dollar are on the wain IMHO. Another smart example by Coinguy of what to by with real quality.
Comments
Randy
The Whisker Cheek Collection - Top 50 Peace VAM Registry
Landmark Buffalo Collection
roadrunner
rainbowroosie April 1, 2003
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"
Tom
42/92
Technically, AU53-55.
Market graded? I Love it all the way up to AU58, only like it at low MS grades, say up to 62.
Not crazy about it at 63 or higher money.
Liberty: Parent of Science & Industry
Outstanding
But it is real purdy.
First POTD 9/19/05!!
Nice!
In all seriousness, I believe that anyone who guessed AU55 or lower was being too harsh. There is little, if any, obvious wear on the coin, as per the images.
Camelot
Nice coin Mark!
roadrunner
This is a very rare early die state 1807 Dime. Most of them have strong to very severe clash marks in the obverse field to the viewer's right between the upper part of Miss Liberty's face and the rim.
Only one set of dies was used to mint all 1807 Dimes, and many of the Unc. later die state coins are missing all sorts of detail, and look rather unattractive in general.
I see slight wear in one of the curls near Miss Liberty's ear. There also appear to be some slight luster breaks on Miss Liberty's face and neck. Agree with the PCGS grade, and also Mark's assessment of the coin.
This is why when I am buying an Unc., I try not to go lower than an MS 63. I have found in the MS 60-MS 62 range, what's usually there is either a market-graded AU 58 or a really ugly coin; usually the former.
"Seu cabra da peste,
"Sou Mangueira......."
Liberty: Parent of Science & Industry
Damn that's nice!
What do you think the Market Value is for THAT particular coin?
<< <i>What do you think the Market Value is for THAT particular coin? >>
MadMonk, it realized $4025 at auction last week, against a CDN price of $3200 in MS60