1) What would be a fair price to pay for this raw coin? 2) Do you think that it would straight-grade or get a details slab?
I'd call it a G-6.5 and would give about 950 for it. A little low for the grade, but the obverse scratch bothers me and should be reflected in the purchase price.
Looks graded. The reverse die crack offsets the portrait to appear as more heavily worn than it is. VG10. It's a $1200 coin, easily.
and @C-B-D you are both correct; I misspoke. It is PCGS graded (good call) and I'll post the actual grade in a week or so. @Johndoe2000$, the only hint I'll give for now is that it did straight-grade, although I'm not sure I agree... these BIG early American dollars seem to get a pass from TPGs more often than newer and/or smaller coins...
I'll be interested in seeing the grade, if pcgs took the buckled rev die into account when grading the obv. great looking piece of history there.
I'll go so far as to say that Doug and I have been discussing potential DB Dollar purchases off-forum for months - he's approaching this purchase with genuine due diligence - and this is the coin I said that I would be competing with him for if I had the disposable income. I believe it original, by the standards one should apply to a coin that's over two centuries old, and appropriately graded. Even if the scratch on the lower part of the bust is recent, I'd live with it. The bisecting die crack of B-22 is just plain sexy to me, and they're not uncommon so the price won't be inflated by rarity.
I'll quibble here and say that as far as type coins I tend to avoid late die stage examples. If one is collecting variety, or die stage specifically, that's a different store. But as a type example, I want as early a die stage as I can get. I want type coins to be as good a representation as what the mint intended to produce as possible, not idiosyncratic late stage with die cracks.
Each to his own, of course, and your opinion is as worthy as anyone's. The cachet of this variety, though, is that the bisecting crack apparently appeared almost immediately after the die was put into use, because as near as I can tell there are no examples known without it.
I'd say it's an original vg. The reverse, perhaps a little higher, as the legend on ribbon is typically gone (or nearly so) at this grade level. The bisecting die crack is a nice touch to the history of the coin. The crack is a result of continued striking of the coin after the die cracked. In the early days of the mint, materials were hard to come by. Thus, in some cases, coins continued to be struck until dies were either virtually worn out, or broke entirely. That's what we see here on this coin. As for a price, i would say around $900-1000 would not be unrealistic. An interesring variety reflecting the struggles of the early U.S Mint!
Really like this coin just an awesome looking reverse with that die crack. Also glad to see the poll options which seem to imply a coin like this can be had for under $1,000. I always was under the impression 18th Century dollars were all in the thousands to get a hold of. I may need to start saving my 21st Century dollars so I can grab one soon.
@IBetASilverDollar, make sure you have a comfortable chair, because it might be a while before you find one that isn't all dinged up ;-)