"Lot 1457 1795 Flowing Hair Half Dollar. ANACS graded AU-58 Details. Artificially toned. Regardless of ANACS designation, this is a very choice Mint State example, well struck and free from adjustment marks and other defects. This beauty has lots of "meat". Close inspection is urged and a coin that should stir considerable bidder interest among type collectors. The present coin is immensely appealing, and we recommend that anyone interested in acquiring an especially nice piece for a type set or a specialized collection contemplate this piece at some length. It certainly is one of the nicest of its year to pass under our view (PCGS # 6052). Estimated Value $15,000-17,500. Realized $24,000"
By the way, the reported price realized of $27,600 (including the buyer's premium), equates approximately with that of an MS60 to MS62 example (edited to add: likely closer to the lower end of that grade range).
AT, eh? Who am I to question ANACS's professional opinion? In any event, that coin is desireable to me. Not sure that this AT example is worth that much of a bump in price, but obviously someone did, and that's all that really matters in the end...Mike
Collector of Large Cents, US Type, and modern pocket change.
I was going to say AT (really), but I have not had a chance to respond. I did not have any scientific or educated reasoning for it, but it just didn't look right (although I did have a 50/50 chance). I would have been way off on the grade though. I was thinking MS-65.
Always took candy from strangers Didn't wanna get me no trade Never want to be like papa Working for the boss every night and day --"Happy", by the Rolling Stones (1972)
I completely disagree with ANACS opinion on the grade of AU58. I've seen pieces of tis date in PCGS and NGC MS62 or better holders that had more cabinet friction or very slight wear on the high points. I think the strike and overall quality of the planchet is also exceptional for that date.
I am surprised by a 58 grade... that does not work for me. The toning issue needs to be seen to be completely understood. As for ANACS... I think I will pass on commenting further.
Experience the World through Numismatics...it's more than you can imagine.
Thanks for posting this Mark. Definitely one of the most interesting "guess the grade" threads-well, ever. What are your opinions of the grade/toning? If the ANACS graders were correct-who/what/when/how/why on the AT? Don
<< <i>Thanks for posting this Mark. Definitely one of the most interesting "guess the grade" threads-well, ever. What are your opinions of the grade/toning? If the ANACS graders were correct-who/what/when/how/why on the AT? >>
Thanks for your comment Don. I, too, thought it was an especially interesting "guess the grade" candidate. I did not see it in person, but from the images, the color looks questionable, though the coin looks to have unc. details. Hopefully, I would have the same thoughts without knowing ANACS' assessment.
Some questioned why such a coin would have been messed with. The answer is that an unc. example is worth far more than an AU one. So, if the coin were AU in terms of wear, an effort which gave it the appearance of a mint state piece could add considerably ($10,000 plus) to its "value".
Comments
The toning is deep, but again, these are often found with heavy toning. NT
Well?
Camelot
"Lot 1457 1795 Flowing Hair Half Dollar. ANACS graded AU-58 Details. Artificially toned. Regardless of ANACS designation, this is a very choice Mint State example, well struck and free from adjustment marks and other defects. This beauty has lots of "meat". Close inspection is urged and a coin that should stir considerable bidder interest among type collectors. The present coin is immensely appealing, and we recommend that anyone interested in acquiring an especially nice piece for a type set or a specialized collection contemplate this piece at some length. It certainly is one of the nicest of its year to pass under our view (PCGS # 6052).
Estimated Value $15,000-17,500.
Realized $24,000"
I get partial credit then (AU-58 was correct) but I still say NT
My posts viewed
since 8/1/6
By the way, the reported price realized of $27,600 (including the buyer's premium), equates approximately with that of an MS60 to MS62 example (edited to add: likely closer to the lower end of that grade range).
<< <i>ANACS graded AU-58 Details. Artificially toned. >>
What do I win?
Russ, NCNE
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
so, what kind of grade does that price equal on a "net" basis?
as in, what kind of problem free coin can you get for 24K?
Liberty: Parent of Science & Industry
as in, what kind of problem free coin can you get for 24K?>>
Baley, please see my previous post on that very matter.
Liberty: Parent of Science & Industry
Experience the World through Numismatics...it's more than you can imagine.
Don
<< <i>Thanks for posting this Mark. Definitely one of the most interesting "guess the grade" threads-well, ever. What are your opinions of the grade/toning? If the ANACS graders were correct-who/what/when/how/why on the AT? >>
Thanks for your comment Don. I, too, thought it was an especially interesting "guess the grade" candidate. I did not see it in person, but from the images, the color looks questionable, though the coin looks to have unc. details. Hopefully, I would have the same thoughts without knowing ANACS' assessment.
Some questioned why such a coin would have been messed with. The answer is that an unc. example is worth far more than an AU one. So, if the coin were AU in terms of wear, an effort which gave it the appearance of a mint state piece could add considerably ($10,000 plus) to its "value".
<< <i>
<< <i>ANACS graded AU-58 Details. Artificially toned. >>
What do I win?
Russ, NCNE >>
say Russ ; how many ANACS slabbed fake toned coins have YOU got into PCGS holders ??
And congrats on pegging this one right on the money !