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Why would anyone have had this coin certified / graded?

LALASD4LALASD4 Posts: 3,602 ✭✭✭
in U.S. Coin Forum
Why would anyone have had this coin certified / graded? Even if it is one in 400,000.

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Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
San Diego, CA


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    OKbustchaserOKbustchaser Posts: 5,570 ✭✭✭✭✭
    But, But, But, no one would buy it if it were not graded!image
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
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    seanqseanq Posts: 8,846 ✭✭✭✭✭
    1) They needed one coin to reach the minimum quantity for a submission;

    2) They thought it would have value with a grade of Poor-01;

    3) Poor advice and/or poor judgement.


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
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    RussRuss Posts: 48,514 ✭✭✭
    Because it's fun.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    I wouldn't have submitted that particular coin -- but different strokes for different folks!! image

    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"
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    LALASD4LALASD4 Posts: 3,602 ✭✭✭
    2) They thought it would have value with a grade of Poor-01;

    Does it ?
    Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
    San Diego, CA


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    BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Why would anyone have had this coin certified / graded?

    you could say that about 90% of slabbed coins.

    Liberty: Parent of Science & Industry

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    MICHAELDIXONMICHAELDIXON Posts: 6,765 ✭✭✭✭✭
    They were hoping for an AU58!
    Thanksgiving 2026 National Battlefield Coin Show November 27 & 28, 2026 at the Eisenhower Hotel Ballroom, Gettysburg, PA. No Early Bird passes for this show. WWW.AmericasCoinShows.com
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>They were hoping for an AU58! >>



    If that were the case they should have sent it to NNCimage

    Some people are just mad at their money!

    Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1

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    LastExitInNYLastExitInNY Posts: 600 ✭
    would someone have something like that graded for the fact of it being slabbed to protect it at this point?
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    BulletBiterBulletBiter Posts: 326
    It gives the graders something other then nice bright shiny coins to grade and besides it keeps their skills up with the lower grades. image
    - There are 10 kinds of people in this world...those who understand binary and those who don't!
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    Conder101Conder101 Posts: 10,536 ✭
    Maybe they thought it was a C-1. An 1808 C-1 in that condition would still be worth several thousand dollars.
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    LALASD4LALASD4 Posts: 3,602 ✭✭✭
    Maybe they thought it was a C-1. An 1808 C-1 in that condition would still be worth several thousand dollars.

    What is a c-1 ?

    The grader must have missed it!
    Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
    San Diego, CA


    image
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    Conder101Conder101 Posts: 10,536 ✭
    Half cents die varieties are collected by Cohen numbers or C numbers. There are three die vaieties in 1808 C-1 and C-2 are 1808/7 but with two different reverse dies. C-1 is one of the rarest of all of the half cent varieties with around 9 to 12 known specimens. Unfortunately the coin in the ANACS holder is a C-3 which is common.
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    BochimanBochiman Posts: 25,790 ✭✭✭✭✭
    Some coins are slabbed so that the slab will protect the coin image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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    NumisOxideNumisOxide Posts: 11,051 ✭✭✭✭✭
    How much of a premium does having rotated dies add to the value of the coin?
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    paigowjohnnypaigowjohnny Posts: 4,257 ✭
    Because some people just HAVE to have their coins certified.
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    goose3goose3 Posts: 11,471 ✭✭✭
    Good thing anacs net graded that one to protect someone on the purchasing end.

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