Options
How to ID a proof seated dollar. GRADE IN! PF55!
AnkurJ
Posts: 11,366 ✭✭✭✭
I have an 1868 seated dollar I believe is a proof. What should I be looking for? It has minor circulation marks.
PCGS HAS SPOKEN! PF55!
Some quick pics:
Two sets of images, straight on and tilted to show mirrors. Lighting makes hairlines look much worse than they really are.
PCGS HAS SPOKEN! PF55!
Some quick pics:
Two sets of images, straight on and tilted to show mirrors. Lighting makes hairlines look much worse than they really are.
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
0
Comments
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Wire rim? Will post pics tonight. >>
Pictures would help greatly.
-Paul
roadrunner
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Not a proof in my opinion. The areas inside the shield should be reflective...strong rims but not strong enough...I can't match the dies to Heritage, but my search was limited.
Free Trial
In honor of the memory of Cpl. Michael E. Thompson
-Paul
Here is our MS-63PL, in hand it looks much more "black and white", my images were taken trying to hide the cameo effect a little...
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Thanks for the info speety. This was sold to me as a proof a few years ago. Would I have any recourse at this point? It was bought from Executive Coin Company. They are still in business today. >>
A wise man once told me to not deal with these guys.
I'd be surprised if they took it back.
<< <i>Thanks for the info speety. This was sold to me as a proof a few years ago. Would I have any recourse at this point? It was bought from Executive Coin Company. They are still in business today. >>
They are listed as an authorized PCGS dealer. That might give you some leverage in trying to get your money back.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Thanks. Will give it a shot. It's been sitting in my Dansco 7070 album since I bought it. I took their word for it and assumed it was a proof. MaybeI will have to send it to PCGS first? >>
If it looks anything like the images, it's not a Proof. I'd show it to a couple of dealers, and if they say business strike, contact the seller. If they won't cooperate, tell them you will take it up with PCGS (and the ANA, as I see they are an ANA member)
They are BBB members as well. I know most members like to keep their feedback positive. A complaint to the BBB would certainly get their attention if they don't want to cooperate. After a couple years I'd be leery of someone coming back with a coin. It has dropped in value in that time so expect for that to be taken into account.
A "minor" point is that this particular date (1868) is probably worth more as a MS60 business strike than a PF60, which is what you bought. It gets a little more dicey as AU58 vs PF58 but probably still within a few hundred bucks. In my mind, for most lower mintage Philly coins from 1860-1890 I would value circ proofs at slightly to moderately less than the business strikes. There is probably more demand for business strike date sets than proof sets. Not a proof imo. Looks to have a light cleaning, esp. the reverse. For my money I think it's worth more as a circ business strike but the point could be argued either way depending on who you talk to. 1868 is a tough date in full mint state. According to my last CW CoinValues it brings a significant premium to common dates in AU58.
roadrunner
<< <i>you are better off NOT having a Proof, imo. esp if below P60. >>
CDN lists a PF60 at $1700 and AU at $750. So a slightly impaired Proof could be worth more than an AU business strike - it depends on the condition of the coin. But the OP could be a lot worse off than he is.
<< <i>
<< <i>you are better off NOT having a Proof, imo. esp if below P60. >>
CDN lists a PF60 at $1700 and AU at $750. So a slightly impaired Proof could be worth more than an AU business strike - it depends on the condition of the coin. But the OP could be a lot worse off than he is. >>
My old CW CoinValues shows AU50 at $1000 and AU58 at $2000....a doubling of price. So based on the CDN, an AU58 might fetch $1500 min. To me it would be more desireable than a PF60 ($1700). World of difference in better date seated dollars from AU50 to AU58.
If sent to PCGS and comes back bagged or genuine, you might have some chance at recourse with Executive. I don't know of too many dealers who give a 3 yr warranty in writing. And regardless of date, if you wanted a proof and didn't get one, that's what matters.
roadrunner
<< <i>
<< <i>
<< <i>you are better off NOT having a Proof, imo. esp if below P60. >>
CDN lists a PF60 at $1700 and AU at $750. So a slightly impaired Proof could be worth more than an AU business strike - it depends on the condition of the coin. But the OP could be a lot worse off than he is. >>
My Oct 2008 CW CV shows AU50 at $1000 and AU58 at $2000....a doubling of price. So based on the CDN, an AU58 might fetch $1500 min. To me it would be more desireable than a PF60 ($1700). World of difference in better date seated dollars from AU50 to AU58...not so much different than XF45+ vs. MS60.
roadrunner >>
If it's an AU58, it would be more valuable than a slightly impaired Proof. As an AU 55, perhaps not. And less than AU55, bad deal.
roadrunner
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
There must be some sort of convergence going on here to create this coin.
"Keep your malarkey filter in good operating order" -Walter Breen
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
So -- I vote business strike.
I would also venture a guess that it would end up in a Genuine holder due to cleaning.
Coin Rarities Online
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Thanks for bumping this or I would have missed it. It was very interesting. Reminded me of another thread, a very lively and long monster thread about a Proof dollar - not Pr in that case.
Best,
Eric
Liberty: Parent of Science & Industry
It would be interesting to see the first set(s) of posted photographs.
Best,
Eric
least you let the experts give it a shot first.
type2,CCHunter.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>This thread was good bit of education for me. Thanks >>
daaaang
since ankurj started the thread, i thought he was back, then i looked at the original post date ><
nice to see he is still loggin in
.
<--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -
<< <i>Interesting to see how many well respected members were WRONG. Wowzers. >>
This is why I found it interesting it had nothing to do with AnkurJ Bamming, just a typical look as how bashing to the ego this place can be even when the bashers could be wrong. Its hard to be new here and excited about numismatics when all you exciting finds are shot down by some members. So no pot stirring here Crypto. Just a interesting statistical look at opinions thats why I still post and haven't given up learning when I can.
type2,CCHunter.
<< <i>Interesting to see how many well respected members were WRONG. Wowzers. >>
The fact PCGS graded the coin as they did is not proof that the posters in this thread were WRONG, you know.