Stman Tries To Drink The Kool-aid On 1802 Draped Bust Half *Updated in first post*

I thought, brown was a color designation for copper only?



(I'd say PCGS bumped it right into their own slab with no issues or hesitations at or about the same grade.)

Nice coin!

I think you meant "what did PCGS do"?

I'd say that coin should have crossed no problem. Doesn't mean it did or would have. If there are some traces of luster on the coin I wouldn't preclude an AU-50 grade. Most of the XF-AU 1802's are dipped and/or lightly to moderatly cleaned. The best you can normally find are ones that are only screwed with a little. That fact that NGC called yours "brown" is a compliment assuming they didn't just mess up. Yours appears to be a nice one with strong detailing. Most of those that once looked like this were taken by doctors to be scrubbed into AU's. Unfortunately that game is over for the time being so the coin remains a great XF45 imo. Of the 2 dozen or so coins shown in XF40 to AU50 in my older pop report, I'd bet no more than a few pieces are as original as yours.

With the current market downturn, older NGC holders mean a lot less today than they did 1-3 years ago. Buyers just don't care, all they see is the NGC holder. They'd much rather have it PCGS or at least NGC CAC'd. I had one person recently offer me 65% of next grade down on a group of cheaper NGC coins I had. This was due to the NGC risk factor as he put it. The fact that most of the NGC coins were decent and in fatty-no barcode holders made zero difference. While I don't agree with all of this, it is a sign of where things continue to head.

roadrunner

I'm going with XF 40.
There's an ongoing discussion right now about crossovers and it being in the interest of PCGS to place nice coins in PCGS plastic.
I wonder if this is one of those "same grade" crossovers simply for the slab change.

For those unaware about the history of this particular coin, the reason for the "Brown" designation on the holder is that this coin was purchased in 1984 by Robinson Brown, of EAC fame, from Jules Reiver. Robinson Brown subsequently had his small collection of half dollars certified and pedigreed by NGC and the coin was sold through Sheridan Downey in the mid-1990s. It was in my collection for a number of years before I sold it to stman earlier this year.

I know, I know....... but won't spoil the answer.

Robbie Brown had some great coins, I have a couple. After my experiences with crossover attempts, its impossible to predict. I sent NGC 1803 small 3 half dollar, 1806, 1806/inv6, and 1806 large stars in for crossover, they did not cross, waited a year and they all crossed and are in the PCGS Registry. Must be the mood they are in at the time.

Stmans 1802 is nice, it looks EF45 wear with subdued luster.

Looks like an easy 45 to me...

Simply amazing and I can't see it getting graded any lower than XF45 unless their are shannigans afoot

From my experience, doing a crack and submit would be the best method of getting the grade you want (in this case, XF 45). The old Fatties though hold at least a little sense of nostalgia to many collectors and should hold or have more value than one would think.

Also, NGC has been rather brutally conservative more recently in their grading as well. I have a few that to me look rather undergraded. Especially on weaker strikes.

My guess would be 45 or DNC. Why the holder change?

K

Either Bryce Brown or Robinson Brown pedigree

It's a very nice, eye appealing, coin. I hope PCGS gave it a grade. I think Genuine.
I don't like the stuff on the eagle's breast. Looks like the only thing wrong with that coin.
But, it still takes awhile to take my eyes off of it.

Very nice,


bob

40 probably. Did you choose cross at any grade?

Very nice coin.

I haven't read the entire thread yet but
do you already know the grade?

Or is it still being "processed" and you're asking for opinions?

very nice

I agree with the PCGS grade. There needs to be some hint of luster for PCGS to go XF45 and from the pics, it seems to be lacking, although it does have nice details for a 40. Reminds me of my very first CBH - 1822, which I bought from a forum member. It has the details for a XF45 but PCGS gave it a 40. I will try to post it later for comparison.

BTW, just curious, did PCGS keep the pedigree with the crossover?

<< <i>

<< <i>I also feel that coins such as this in the old NGC Fattie holders with the Pedigree, Brown/TomB, would have maintained it's value and maybe done better than the coin now in a PCGS 40 holder. True collectors would have purchased this coin from you in the future for your ask price in the NGC holder. >>



LeeG, fair enough, I agree value would have been maintained. But as I said earlier, the marketability is better in the PCGS holder. I don't like it but that's the way it is now.
And I know this for a fact considering when I purchased the coin. I believe in this market if I decided to sell next week, it would sell much faster than in the NGC holder.
I don't like this way of thought but this seems to be the norm these days. Oh, BTW, it had the "Brown" pedigree on it, no "TomB" pedigree. I see the new thing these days is if someone owned a coin before, even a dealer this board automatically gives a "pedigree" to it.

Edit to add, now I went and killed the thread again. >>



Thread is back, Did PCGS maintain the Brown Pedigree?