The detail might look a bit better than 40. Pcgs might have net graded it down a bit for a light cleaning. Or perhaps a scratch we can't see in the image. Yes, Pcgs and Ngc will net grade too. They just don't put it on the holder.
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
Straight EF-40, lightly cleaned long ago, but it really doesn't matter in this grade. There is ample wear on the bust face and hair, and the eagle's feathers have a light layer of wear. A true AU should show less wear than this AND some mint luster.
This date comes well struck with lots of detail, so you can't claim "weak strike." It's also not a major rarity in EF or better since it was really the first of its kind. (The 1838-O is prohibitively rare with just 20 struck.) Although one would hardly call it common by today's standards, from the perspective of the old timers, it is a "common" date.
Don't get me wrong. This is a nice, interesting coin with its obverse mint mark. BUT it's not a landmark coin by any means.
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 ... ?
I agree with Stman, Coin looks Xf-45 detail. Luster subdued and lightly cleaned some time ago. They probably market graded it to xf-40 rather than BBing it.
Gray Sheet EF-40 Bid is $560.00 and AU is $850.00. I'd say the range would be $ 625.00 to $ 750.00 for a collector.
It would hard for a dealer to acquite this coin at the $ 560.00. He'd have to pay $600.00 or so for it.
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 ... ?
i guess im missing some stuff in my grey sheet! =P
i guess i paid the minimum a collector could while still helping support his local dealer, and i think the coin is extraordinary for the grade, so that makes my night!
i have a couple of 39-o's. you have to remember not to grade these as you would a open-collar letter-edge. these reeded-edge coins, in particular the 39-o's , which were well produced, always look about 1/2 grade higher then a comparable lettered-edge.
Comments
K S
Pass.
NoEbayAuctionsForNow
<< <i>AU details cleaned net EF 40 >>
Go with KurtHorn
Cleaned big time!
Bust Half & FSB Merc Collector
it is just beautifully toned!
Looks like me and you both need to work on our picture skills.
Or perhaps a scratch we can't see in the image. Yes, Pcgs and Ngc will net grade too. They just don't put it on the holder.
This date comes well struck with lots of detail, so you can't claim "weak strike." It's also not a major rarity in EF or better since it was really the first of its kind. (The 1838-O is prohibitively rare with just 20 struck.) Although one would hardly call it common by today's standards, from the perspective of the old timers, it is a "common" date.
Don't get me wrong. This is a nice, interesting coin with its obverse mint mark. BUT it's not a landmark coin by any means.
Neat early O mint half
It would hard for a dealer to acquite this coin at the $ 560.00. He'd have to pay $600.00 or so for it.
i guess i paid the minimum a collector could while still helping support his local dealer, and i think the coin is extraordinary for the grade, so that makes my night!
thanks SO much, i really appreciate it!
K S