1838-O Newp (coin in hand)

cameron12x · April 10, 2011 12:32PM

Thoughts on a grade?

Attribution provided later...

TennesseeDave · April 10, 2011 12:35PM

XF-40?

cameron12x · April 10, 2011 1:07PM

Grading can be so subjective... I do like the early die state of this example.

joebb21 · April 10, 2011 1:08PM

I just bought one tonight as well!

cameron12x · April 10, 2011 1:17PM

<< I just bought one tonight as well! >>

Very cool... It's an interesting issue!

cameron12x · April 10, 2011 1:25PM

Anecodotally, She is a F-101 O/O variety.

It's apparently a very early die state with no hint of the 2 obverse rim cuds noted by Fortin?

123cents · April 10, 2011 1:31PM

Nice coin. I guess VF-30.

MrEureka · April 10, 2011 1:55PM

I'll try 45. Nice looking coin.

Elcontador · April 10, 2011 1:56PM

I'll guess XF 40, maybe 45 if there is some remaining luster.

ajman · April 10, 2011 2:01PM

Very nice coin, I'm gonna guess vf-25. Here's one I picked up a few years ago.

cameron12x · April 10, 2011 2:05PM

<< Very nice coin, I'm gonna guess vf-25. Here's one I picked up a few years ago. >>

Very nice! It looks like yours was an early die state as well?

jayPem · April 10, 2011 2:10PM

I was getting ready to see a reeded edge half !

DIMEMAN · April 10, 2011 2:14PM

Very nice.....I call it 45.

Will the person that called it VF PLEASE sell me one just like this one at VF money......PLEASE!

ajman · April 10, 2011 2:18PM

<< 

<< Very nice coin, I'm gonna guess vf-25. Here's one I picked up a few years ago. >>

Very nice! It looks like yours was an early die state as well? >>

Thanks, I'm not sure about early die states and the like, but if it is then it's like whipped topping on a sundae. I wanted it because of the semi-monster toning. I think this is one of my favorites in my collection.

relicsncoins · April 10, 2011 2:50PM

Nice, I would say 45 as well.

cameron12x · April 10, 2011 9:13PM

TTT for the day crew...

Thoughts on the grade?

General impressions?

PerryHall · April 10, 2011 9:14PM

Nice original XF40 or XF45 depending how much remaining luster. Nice coin!

ANACONDA · April 10, 2011 11:00PM

XF40 to 45. Nice original problem free coin. I like the image. Very nice.

MrHalfDime · April 10, 2011 11:09PM

"I was getting ready to see a reeded edge half !"

I was getting ready to see a half dime! Nice coin, nonetheless. I would grade it EF-40, with all of the usual caveats about grading a coin from a two-dimensional image.

astrorat · April 10, 2011 11:28PM

<< "I was getting ready to see a reeded edge half !" >>

So was I! Dang!

drddm · April 10, 2011 11:47PM

<< 

<< "I was getting ready to see a reeded edge half !" >>

So was I! Dang!

>>

Me too.....boy, now that would have been a sight, huh?

cameron12x · April 10, 2011 11:50PM

The original thread title was: "Seated Dime Newp".

I thought that was too boring and changed in to what it is now to wake people up on a Monday morning!

lkeigwin · April 10, 2011 11:50PM

<< 

<< "I was getting ready to see a reeded edge half !" >>

So was I! Dang!

>>

Here you go. Sorry...a bit overexposed.

Lance.

keyman64 · April 11, 2011 12:01AM

VF-35

TPRC · April 11, 2011 12:02AM

nice pick-up. I know this coin, so I'll refrain on grade.

PonyExpress8 · April 11, 2011 12:07AM

Looks like 45 to me. A very nice example congratulations.

cameron12x · April 11, 2011 9:31AM

Here you go, folks:

It's difficult to tell without the coin in hand, but it looks like there may be some luster left in the fields?

I believe that she may have been "net graded" down due to the obverse fingerprint vestige?

Impressions? Further thoughts?

keyman64 · April 11, 2011 10:52AM

I broke out a couple of books (Making the Grade and Photograde) when I guessed VF-35. It is not my series so I figured I would learn something and try to guess. I was leaning towards VF-30 but then so many people, that are much more educated in the series than I, were saying EF...and HIGHER so I was swayed and pushed my opinion to VF-35. It is a fine example and maybe worthy of a resubmission for a regrade...along with variety attribution?

Nice coin, did you buy it for the variety?...I'm guessing. Congrats on the NEWP.

cameron12x · April 11, 2011 11:23AM

<< Nice coin, did you buy it for the variety?...I'm guessing. Congrats on the NEWP. >>

Thanks... bought for a number of reasons: the variety, first year of issue for New Orleans, no major distractions (to me), PQ for grade, simple eye appeal (to me).

I'm not familiar with the series, but the weakness on the lower reverse seems to be strike related... will need the coin in hand to fully evaluate the details.

richardshipp · April 11, 2011 11:46AM

Nice looking coin. I would have guessed higher grade for sure.

cameron12x · April 12, 2011 5:40AM

Before this thread dies a natural death, I have one outstanding question:

How did the the lower part of the reverse strike appear to be so weak?

I can't imagine this to be uneven wear; but is that a possibility?

Or is it simply the result of the strike? If so, how?

Inquiring minds want to know... Thanks!

coolest · April 12, 2011 5:58AM

This coin has a remarkable lack of contact marks, no digs, no scrapes, no dings, not even a rim bump. I dont see how this coin was circulated at all.

cameron12x · April 12, 2011 6:06AM

<< This coin has a remarkable lack of contact marks, no digs, no scrapes, no dings, not even a rim bump. I dont see how this coin was circulated at all. >>

But it does have that obverse fingerprint vestige?

I still have one outstanding question:

How did the the lower part of the reverse strike appear to be so weak?

I can't imagine this to be uneven wear; but is that a possibility?

Or is it simply the result of the strike? If so, how?

Inquiring minds want to know... Thanks!

coolest · April 13, 2011 11:31AM

here is a PCGS VF25 for comparison

cameron12x · April 13, 2011 12:01PM

Thanks for sharing this VF-25 example! I'd like to see the photos normalized for the same size. Of course, a larger photo will show more hits.

I got the urge to peruse the Heritage website for previous auctions and I was surprised to see how well my example stood up to ones graded VF-35 to XF-45:

http://coins.ha.com/common/view_item.php?Sale_No=1139&Lot_No=7973
http://coins.ha.com/common/view_item.php?Sale_No=1144&Lot_No=3728
http://coins.ha.com/common/view_item.php?Sale_No=1140&Lot_No=523
http://coins.ha.com/common/view_item.php?Sale_No=1116&Lot_No=1648
http://coins.ha.com/common/view_item.php?Sale_No=1108&Lot_No=7869
http://coins.ha.com/common/view_item.php?Sale_No=1145&Lot_No=9132
http://coins.ha.com/common/view_item.php?Sale_No=1154&Lot_No=10079
http://coins.ha.com/common/view_item.php?Sale_No=1144&Lot_No=9004
http://coins.ha.com/common/view_item.php?Sale_No=1138&Lot_No=7795
http://coins.ha.com/common/view_item.php?Sale_No=1108&Lot_No=7868
http://coins.ha.com/common/view_item.php?Sale_No=415&Lot_No=7708
http://coins.ha.com/common/view_item.php?Sale_No=24072&Lot_No=13349

There are a couple of 45's that are possibly slightly better, but I couldn't find any 35's or 40's that looked discernably better. The lack of hits or marks on my example is really amazing for the grade (VF-25), IMHO.

I found similar results at Teletrade. Nothing in the 35-40 range appeared discernably better (in my eyes).

With these new data points (examples for comparison), I could possibly be convinced to stretch my own personal grade to XF-40, with eye appeal which exceeds many of those listed above.

I'd personally feel very comfortable calling it a 35+ out of hand... I should have my own photos in a couple of days. The wildcard here is the size of the available images used for comparison.

I'm thinking there must be something wrong with my example to get a VF-25 grade? (Fingerprint vestige? Light dip? Both? Other?) I didn't think that they did, but does PCGS "net grade" coins?

lkeigwin · April 13, 2011 12:17PM

<< 

<< 

<< Very nice coin, I'm gonna guess vf-25. Here's one I picked up a few years ago. >>

Very nice! It looks like yours was an early die state as well? >>

Thanks, I'm not sure about early die states and the like, but if it is then it's like whipped topping on a sundae. I wanted it because of the semi-monster toning. I think this is one of my favorites in my collection. >>

Anthony, that is a stunning dime! Congrats. Also, on guessing the grade.

Does PCGS net grade? Sure. But I don't know what about your coin, Cameron, might have caused it. The fingerprint is very minor, IMO. Maybe the grader has a thing about fingerprints?

I'd like to see better photos.
Lance.

ajman · April 13, 2011 9:58PM

<<I got the urge to peruse the Heritage website for previous auctions and I was surprised to see how well my example stood up to ones graded VF-35 to XF-45

There are a couple of 45's that are possibly slightly better, but I couldn't find any 35's or 40's that looked discernably better. The lack of hits or marks on my example is really amazing for the grade (VF-25), IMHO.

With these new data points (examples for comparison), I could possibly be convinced to stretch my own personal grade to XF-40, with eye appeal which exceeds many of those listed above.

I'd personally feel very comfortable calling it a 35+ out of hand...>>

cameron12x · April 14, 2011 12:50PM

I now have the coin in hand with some quick photos in this post. Here is a better comparison with the images roughly normalized for resolution:

You can definitely see that my example doesn't look nearly as pristine at this magnification. But it surely still looks like one helluva good VF-25 example!

LanLord · April 14, 2011 1:14PM

I'm a little surprised it's a 25. I was thinking 30 - 35, but ... whatcha gonna say? Resubmit! ;p

cameron12x · April 14, 2011 1:46PM

<< I'm a little surprised it's a 25. I was thinking 30 - 35, but ... whatcha gonna say? Resubmit! ;p >>

I think that I'm just going to relax and enjoy the coin now that I have it in hand.

After all, what's in a grade?

keyman64 · April 14, 2011 1:50PM

Resubmit it. 'nuf said.

cameron12x · April 14, 2011 9:36PM

<< Resubmit it. 'nuf said. >>

Will definitely consider it...

But for now just enjoying the coin.

1838-O Newp (coin in hand)

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