Grade this New Walker Pickup

I know but I can't recall ever thinking that I would not buy a coin because of some die condition lines. What prevented me from bidding on the Jefferson that I posted in this thread is the fact that it does not have FS even though PCGS has designated it such. It was a $200-$300 coin that sold for $3K. But the die condition lines had nothing to do with the price, that I can promise.

 

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We both know, that on some coins, Doug, die cracks can double or more the value of a coin. It's a double-edged sword, and there is no hard and fast rule, IMO. Each coin must be evaluated for what it is....

That said, and all things being equal, if a collector was considering two coins, one with die polish lines (or whatever we want to call them) and one without them, I think it's fair to say that most collectors would choose the one without them.

 

If the one that has die polish is cheaper, it isn't "all things being equal".

I agree. The lower price of these coins is the lure that makes many bite.

 

How do you grade a well struck lightly circulated coin with similar detail to a normally struck coin? AU58+?

Now this is the impression of one who does NOT specialize in Walkers.

 

Very interesting discussion. Don't want to stir anything up, so I'll just leave it at that.

The coin came back from NGC yesterday, graded MS-63 * (didn't get the PL, but it got a star at least)

 

Reviving old thread...

My hero!

Lehigh96, very open-minded and logical approach, thank you. Your posts in this topic are certainly worth reading.

Thank you, again. Cheers!

 

The problem is, when it comes to this topic, you're not using them (various terms for various types of incuse lines). Instead, four years later, you're still popping into topics to only say what they aren't. Start using them, lead by example and the rest of us will adapt, or just give it a rest and we'll resume with "Die Polishing Lines" because no one really cares about this detail (judging by industry forums and descriptions).

 

"D) The die finishing lines on this coin are extensive, peculiar and fascinating. Indeed, they are deep, varying in dimensions, and very entertaining. A glass with at least ten times magnification is needed to thoroughly enjoy them, though many are apparent at three times magnification.


When metal brushes and other tools impart lines in the dies, or sandpaper-like patches, raised lines and bumps appear on the coin that is struck with such dies. There are areas on the coin that indicate that portions of the dies were unusually treated such that patches of small, raised shapes resulted.


On this coin, there are an astonishingly large number of die finishing lines, of varying lengths, densities and angles. In some areas, the die finishing lines are somewhat parallel and are spread apart. In other areas, they are close together or even lumped. Many die finishing lines on this coin crisscross. Some die striations are much higher than others (thus in greater relief); some are wider; some are shorter.

Yes, there are many die finishing lines on a large number of Proof Three Cent Silvers and on an even larger number of business strikes. Indeed, die finishing lines are often found on Three Cent Silvers. The groups, patterns, shapes, and variations of die finishing lines and other die treatment evident on this coin, however, are dramatically different, especially when the overall fabric of the coin is contemplated.
I cannot fully explain the fabric of the Eliasberg 1851 Three Cent Silver. There are factors that cannot be articulated.


The individual or group that polished and otherwise treated the dies used to make this coin seemed to have had a great deal of fun. Areas on the dies corresponding to portions of the coin were given different treatments, including differences of degree and differences ‘in kind.’ The result is very cool."
http://www.coinweek.com/featured-ne...ics-the-most-valuable-three-cent-silver-coin/

 

Brutal. No fair giving an opinion and then using links and quotes to back it up.

 

So Jason, how can we be sure that those really are die polish lines?

 

Really? So I guess that a lot of VAM collectors are just idiots then? (I don't think that they are.).