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Why did this coin sell for 8x list price?

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    tradedollarnuttradedollarnut Posts: 20,803 ✭✭✭✭✭
    Don't look at the coins for how they are .... you must look at them for how they could be.
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭


    << <i>Don't look at the coins for how they are .... you must look at them for how they could be. >>

    That actually sounds like the motto of a coin doctor! image
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    PerryHallPerryHall Posts: 47,839 ✭✭✭✭✭


    << <i>Don't look at the coins for how they are .... you must look at them for how they could be. >>



    I doubt that professional graders feel the same way.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>Don't look at the coins for how they are .... you must look at them for how they could be. >>



    TDN did you just hear a U.S. Army commercial "Be All That You Can Be" imageimageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    ArtistArtist Posts: 2,038 ✭✭✭
    Back to the OP for a second, could the price in any way be related to the doubling of the legends on the obverse?
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    fcfc Posts: 12,805 ✭✭✭
    were proof dies ever used to make business strikes for this coin?
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    PerryHallPerryHall Posts: 47,839 ✭✭✭✭✭


    << <i>Back to the OP for a second, could the price in any way be related to the doubling of the legends on the obverse? >>



    It's called "Longacre Doubling" and it's typical for the series and not worth any premium.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    ambro51ambro51 Posts: 14,531 ✭✭✭✭✭
    OK. I did take a look at my copy of Bowers Gold Dollar Book and he states the diagnostic for proof is a small unfinished area to the left of the D in DOLLAR.

    In the larger blowup on the heritage site it very very clearly shows this. SO......PCGS got it wrong (OMG) and called it a business strike, but it IS a proof.

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