Southern gold with MarkView™

RYK · February 7, 2006 1:27AM

if you dare.

My grading commentary will follow the guesses.

TheRaven · February 7, 2006 1:29AM

XF-40

No I would say VF-30

rhedden · February 7, 2006 1:35AM

PCGS? I'll guess XF40. I don't think they'd call it XF45 because there is a touch too much chatter in the fields, despite its original look. NGC likely would grade it higher.

mgoodm3 · February 7, 2006 1:35AM

I don't remember the grade on it, but independent of that, I would probably say VF obv and EF rev

Longacre · February 7, 2006 1:44AM

Solid AU-50. Some wear on the tip of the coronet and above the ear keeps it from a higher grade. I didn't look up this issue, but it looks fairly well struck, so I don't think that I am confusing wear with weak strike (but I have been known to be wrong

).

FatMan · February 7, 2006 1:52AM

XF40, maybe XF45 on a good day at the TPG.

But in all honesty it has the wrong the mint mark so who cares.

Coinhusker1 · February 7, 2006 2:04AM

XF 45

291Fifth grade: F 15

PerryHall · February 7, 2006 2:11AM

Probably EF-40 or VF-35 on a bad day.

CharlotteDude · February 7, 2006 2:30AM

XF-40 all day, unless a lucky break at the TPG's, then XF-45. They tend to be harder on "O" mint HE's than they are w/C & D stuff.

CharlotteDude · February 7, 2006 2:31AM

XF-40 all day! Unless you get a break at the TPG's, then XF-45. They tend to grade 'O'-mint HE's tougher than they do C & D stuff.

MikeInFL · February 7, 2006 2:33AM

AU 50

291fifth · February 7, 2006 2:33AM

VF30.

kryptonitecomics · February 7, 2006 2:33AM

Au50

RYK · February 7, 2006 2:42AM

Okay, here's the deal. The coin was graded several months ago and is in a PCGS VF-30 holder. I had previously purchased a PCGS XF-40 graded example of the same date/MM/variety. Viewing the coins side-by-side (this is the poor man's version of the story of the 1910-D MS-67 Barber dime, ex-Coinlieutenant and everyone else), I could not tell the difference. The strike, wear, marks, etc. were about the same. If anything, I like the originality of the VF-30 a bit more than the XF-40 and will probably sell the latter. For those who are unfamiliar with the date, the PCGS population for all grades is 29 coins in all grades, a bit more scarce than a 1910-D Barber dime!

My conclusions:

1. Sometimes the graders get the grade wrong. I think this coin is a solid XF-40 (and I should know!), perhaps a VF-35 on a bad day.
2. Sometimes the nicer coin is graded lower than the not-as-nice coin. In fact, I see that a lot in southern gold.
3. New Orleans gold is scarcer than Barber dimes, but hardly anyone cares.
4. The next time I submit a coin to PCGS, I want MikeinFl and Longacre to grade the coins for me.

5. The fact that my grade is only two grades ahead of 291fifth's grade suggests that I may be too conservative.

Longacre · February 7, 2006 2:48AM

I better stick to my day job.

rhedden · February 7, 2006 2:53AM

I'll bet you that PCGS downgraded it because of the hits around the eagle's head on the reverse. Anyone can see that it has XF40 detail by commercial standards.

RYK · March 3, 2006 1:54PM

Newp=New photo

Southern gold with MarkView™

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