Honest grade on this Charlotte gold?

Discussion in 'US Coins Forum' started by comma, Mar 30, 2012.

  1. Bedford

    Bedford Lackey For Coin Junkies

    Oh, & if you do decide to submit it ,remove the PVC on the obv. at the bottom of the hair bun & on the reverse at the top edge of the left wing with some acetone.
     
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  3. Marshall

    Marshall Junior Member

    Heritage has examples of Varieties 1, 2, 9E and 9F. None of the reverses appear to match the close top of C to the Ribbon; however, it might not be quite as close as it appears due to a bit of post mint damage at that area.
     
  4. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Leave it where it is. No way it will achieve that grade at PCGS or even NGC.
     
  5. mackwork

    mackwork Caretaker of old coins & currency

    I'd have to go with the uncleaned group. I think the "cleaning" was done by fingers, hands and pockets during circulation.
     
  6. Owle

    Owle Junior Member

    That is quite technical! What are you using as your reference book?
     
  7. lkeigwin

    lkeigwin Well-Known Member

    Not sure where Heritage got this information.

    There was only one reverse die used for the 1847-C, and two obverse. So two marriages are known (as of the 2008 printing of Doug Winter's book). Variety 1 is the same as 9-E. Variety 2 used to be called 10-E.

    The E reverse was used in 1846, 47, and 48. The diagnostics for the mintmark matches the OP's precisely.

    OP's coin is variety 1 (9-E), the much more common of the two. This is clear from the date numerals. The 7 touches the bust truncation. The 1 is close to the bust but there is a small space.

    Get it graded. I don't think it will body bag but even if it does it will be slabbed as genuine. Useful down the road.
    Lance.
     
  8. mill rat41

    mill rat41 Member

    There is a very similar one for sale on eBay right now - you could compare thereof. I think the issues on yours are forgivable and would get a vf. 20-30 at pcgs or ngc.
     
  9. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna


    The coin is in a non-detail ANACS holder graded at a level it (in my opinion) has no chance of achieving at PCGS or even NGC. If this were my coin, I would leave it as-is and not take the resubmission risk. The odds are not favorable.
     
  10. Bedford

    Bedford Lackey For Coin Junkies

    How do you know it is in an ANACS holder?
     
  11. lkeigwin

    lkeigwin Well-Known Member

    The resubmission risk is a little money. I agree. But PCGS will not crack it out of its existing holder (assuming it's ANACS, or ICG, let's say) if it would not cross at the minimum grade requested.

    If it's in a third world holder that's a different matter. Because PCGS won't cross from these grading services. It would have to be submitted raw. And it might come back "genuine". Not sure which is better. A suspect, third world holder or a PCGS genuine.
    Lance.
     
  12. Owle

    Owle Junior Member

    One advantage with ANACS is if they do call the coin "problem" in whatever form they will list VF25, XF45, AU55, not just AU details. Are they or ICG more likely to give the coin a no-problem grade and holder? I don't know. When you go to sell it the buyer will need as much encouragement as possible. Nothing like a problem holder to give the buyer cold feet. IMO, PCGS is more likely to net the coin down a notch and numerically grade it than NGC.
     
  13. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Since the thread is dead, it was on Ebay - ANACS VF35.


    Lance,

    While I understand PCGS would not remove the coin, it was of my opinion that submitting would be an exercise in futility. Not that there is anything wrong with the coin as it is, but its not going to cross at grade.
     
  14. lkeigwin

    lkeigwin Well-Known Member

    You might be right. But remember, a cross doesn't have to be at grade. You can specify a minimum, or none at all.

    Not saying that's the right thing to do. OP has a lot of choices. If it were me I'd want it in PCGS plastic. I'd hope for a clean grade, of course.
    Lance.
     
  15. mouse

    mouse Active Member

    Nice coin. It may be a VF. The thing with old coins is someone could have cleaned it 100 years ago which would give it time to tone over. I've wondered myself. I have a 1834 half dime. My dad also gave me a 2 cent piece. It looks uncleaned but he told me he cleaned 40 years ago.
     
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