1882 2.5$ PCGS the end of the nugget series

Discussion in 'US Coins Forum' started by spock1k, Mar 4, 2008.

  1. spock1k

    spock1k King of Hearts

    witht his coin comes the end of a series and the end of an era for spock. Fear not I am not riding into the sunset will be here for some time to come :) in search for more coins and another series. for now the nugget series is at an end. Live long and prosper
     
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  3. Hobo

    Hobo Squirrel Hater

    Congrats! That is a NICE looking gold coin. Those are some clean fields. I like the small copper spots on the obverse.
     
  4. Phoenix21

    Phoenix21 Well-Known Member

    MAN, sweeeet coin man! She sure is a beauty, thanks for sharing! :thumb: Very nice. :thumb:

    Phoenix :cool:
     
  5. spock1k

    spock1k King of Hearts

    i forgot to mention there are only 3999 of these out there at most
     
  6. Phoenix21

    Phoenix21 Well-Known Member

    Ahh, now I see your goal, are you going to try to aquire all of them?! Lol, just joking. :D I guess that's another great quality with such a great coin. :thumb:

    Phoenix :cool:
     
  7. huntsman53

    huntsman53 Supporter**

    Nice coin! The grader or graders must be getting overly conservative to give that coin an MS-63 grade! I fear that PCGS has been burnt so many times due to overgrading and having to compensate folks for their' mistakes, that they have and will continue to lean towards undergrading most coins.


    Frank
     
  8. Leadfoot

    Leadfoot there is no spoon

    That looks TOO good to be a 63. What am I not seeing in the photos?

    Regardless, a great date and coin too!
     
  9. spock1k

    spock1k King of Hearts

    nothing you are not seeing it is PQ for the grade ;) the hunt has me weary though cant do it all the time. chasing coins is hard work and i dont get paid for it
     
  10. Arizona Jack

    Arizona Jack The Lincoln-ator

    Thats what I was thinking....Nice Coin Spock !!
     
  11. 900fine

    900fine doggone it people like me

    Yep.

    I'm like you... that's a 63 ? There's hardly a mark on it ! If that were a $10 Libbie, it would be a 64 fer sure.
     
  12. Hobo

    Hobo Squirrel Hater

    The larger gold coins generally have more contact marks than the smaller gold coins because they are larger and heavier. When they fell into the hopper after being minted, when they were bagged, when the bags were handled, etc. there was a greater probability one coin would leave a mark on another coin it came into contact with.

    I have heard that graders give more leeway to the larger gold coins because of this. So a $10 or $20 gold coin with that few number of marks would grade higher than the $2 1/2 shown.
     
  13. spock1k

    spock1k King of Hearts

    well i am happy to be in a posiiton where everyone thinks the coin is undergraded rather than overgraded but let me tell you i am tired running after coins like these its not easy. if i a m not careful i will burn out
     
  14. rotobeast

    rotobeast Old Newbie

    Should you happen to burn out, feel free to hand me the checkbook and I'll take over for you.
    Just make sure to sign them all first.
    I'll take care of the rest.
    ;)

    Georgeous coin, BTW !
    Definatley undergraded.
    :)
     
  15. 900fine

    900fine doggone it people like me

    That makes a lot of sense.

    I've heard that, and looking at graded coins bears that out. I'm sure this is true as well.

    But should they do that ?

    To me, the Libbies ($2.5, $5, and $10) should have near-identical grading standards since they have near-identical designs.

    The fact the $10s had a rougher time in the bag than the $2.5s would show up in the census / marketplace - the bigger the coin, the fewer in higher grades. Prices follow accordingly.

    As it is, a guy has to learn a new set of standards and grading tendencies for each denomination.

    But whatevah... spock, that's a beautiful coin !
     
  16. Hobo

    Hobo Squirrel Hater

    You could liken this to grading on a curve. I hope someone with "inside" information can let us know if this is indeed the practice.
     
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