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Grade for this OGH Double Eagle?
drysideshooter
Posts: 37
This is in an old green holder. Any opinions on what the current grade of this coin would be would be most appreciated.
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I can't tell if the scratch is on the neck or the holder.
I guess MS64.
<< <i>I like this beautiful coin.
I can't tell if the scratch is on the neck or the holder.
I guess MS64. >>
The scratch at the neck, the one that is running at about a 45 degree angle, higher towards the front of the neck, is in the coin. Do you still think maybe MS64?
But imo just a bit too much obv field chatter to be a 64. Luster looks to be quite average as well. Sometimes real blasty luster can give you a 1/2 grade bump.
The coin doesn't scream MS64 shot to me but I believe it still has a small shot...esp if those 4 or 5 horiz hairlines are on the holder, which I'd bet they are.
A fairly clean looking $20 without the usual preponderance of heavy bagmarks, gouges, and rim cuts/bangs seen on most 62's and 63's. No hits on face, eye brow, nose,
neck, bonnet/hair, eagle, etc. It's a deceptively subtle coin that probably looks better in hand than the photo shows. With the lighting used every field luster graze looks like
magnified. Reverse is 64. No sign of wear anywhere. And no usual flatness/scraping seen on the cheek which is pretty common to 63's and 62's. But the left and right obv
field chatter/grazes and luster blast are the limiting features. Everything else is good enough to be 64. While these are of similar size to Morgan dollars, they don't get graded
at all like Morgans. Figure the same marks on a 63 Morgan would make a $20 Lib essentially a MS64. The 45 deg scratch on the neck would not keep it from 64 or 65 on its own.
Based on the photos I would like more sizzle or slightly cleaner fields for a 64. And if the obv hairlines are on the coin, that doesn't help at all. I'd be ok buying said coin whether
graded 63 or 64. As a 62 or lower...sign me up. This is a very clean $20 Lib. And I've seen identical coins to this in existing 64 TPG holders....but not 1906-S's.
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
Nice gold Double Eagle Drysideshooter, I like the frost on it
The coin is currently MS63.
My guess is it's in a 61 holder
Guess I was wrong
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
rainbowroosie April 1, 2003
<< <i>62 looks like some fine hairlines running across the obverse. that kills the higher grades
My guess is it's in a 61 holder
Guess I was wrong >>
I believe that many of the hairlines are in the slab. It looks to me like it has had some fairly rough treatment.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Lance.
eric
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
65 crowd...yeah put me in that crowd
100% does not look AU to me.
<< <i>I would say MS63; best way to compare, check out Heritage Auctions pictures on same coin in AU58 to MS64. Best shot for upgrade is raw submission on a higher tier than "regular". >>
Perhaps you have better eyes than I. Some can't see it and you are able to suggest upgrade strategy? I'd think the "best" way is to look at it and some in hand. Looking at more images by others is of limited value. Ideally, buyer he will know how to "read" this scan from having seen so many more both in hand and the same coin photographed and scanned. From this image could be scan, washed out, accurate..I dunno. Perrys right again - just ask?
Eric
edit for spelling
<< <i>I would say MS63; best way to compare, check out Heritage Auctions pictures on same coin in AU58 to MS64. Best shot for upgrade is raw submission on a higher tier than "regular". >>
I have done that, blown up the high res Heritage pics in Photoshop. Doing that my very uneducated, inexperienced opinion is that it looks much more like the MS64 coins than the MS63 coins.
I don't own this coin. I went to look at it when it was advertised, with some others, for sale. It was inherited by a young lady about 8 years ago. I took images with me, along with various magnifiers. I wanted to be honest and I told the owner that I thought the coin might be an upgrade candidate, especially since it's in an OGH and has been tucked away for years. I suggested they get some good pics or scans and told them I would do what I could to determine if it's a likely candidate for upgrade. She didn't understand the OGH and I explained that from my understanding the slab itself may add a little value for some buyers, and that she may not want to just willy nilly submit the coin for upgrade and risk losing the OGH if it didn't make sense.
Based on these images, which she did with a scanner, and they do have limitations, if you were in the owners shoes would you submit it for an upgrade? I've suggested she take it to a couple of shops and ask their honest opinion.
<< <i>We've got responses from AU55 to MS64. That's the problem with assigning a grade from pics like these where you have to guess the quality of the luster which is a critical grade determining factor. >>
Eric
Edit for spelling
No, I would not try to upgrade it. The coin in a 63 old holder has greater marketability than if it were in a newer generation 63 holder. There are other ways to unlock the upgrade value without getting the coin out of its current slab.
I would not take it to local coin shops. Most coin shop guys will not have the experience to give the correct advice on the issue.
Here was one of my coins I sold recently in an old AU58 holder that could easily grade MS63 these days: http://www.greatcollections.com/Coin/33385/1907-Liberty-Eagle-PCGS-AU-58-OGH-2nd-Gen
Eric
Next grade higher is worth $1000 more, which is possible in comparison. It is a long and arduous process to upgrade coins, I do not have the patience to do it more than once or twice.