Need help with grade and estimated value

Discussion in 'What's it Worth' started by Cranman, Jan 9, 2009.

  1. Cranman

    Cranman New Member

    Picked this up today and interested to know what it's grade should be. The obverse shows a few dents which I am sure hurt the coin alot, but hey it's 177 years old!
     

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  3. TheNoost

    TheNoost huldufolk

    I wish I knew. Very interesting, looks like someone shot it with a bb gun. Someone with more knowledge will be along soon I'm sure. Cool
     
  4. Treashunt

    Treashunt The Other Frank

  5. Hobo

    Hobo Squirrel Hater

    Damaged - no grade. VG details.
     
  6. Cranman

    Cranman New Member

    The damage is not as noticeable in person as it shows up in the pictures, but of course it is there. Really 2 out of the 3 dents in the obverse are not obvoius to the naked eye and the worst one looks like a dimple. My 10.5 megapixel camera did a good job showing the detail!

    Anyways, being a damaged coin, does that solidly put it below G or VG as far as book value?

    Sorry I'm very new at grading and trying to learn.
     
  7. mbehar

    mbehar Junior Member

    Damaged coins usually sell well below book price.
     
  8. desertgem

    desertgem Senior Errer Collecktor Supporter

    I have looked at the largest photos and I think it might be planchet defect rather than post mint damage. Look into the depressions and see the original strike, in much better grade than the rest of the coin. Looks like a bubble that collapsed into a depression when struck. If it was impact damage, I would expect the interior to be flattened.

    Jim
     
  9. TheNoost

    TheNoost huldufolk

    Point taken^
     
  10. 4largecents

    4largecents Goldpan Man

    Planchet defect or post mint damage, wouldn't it still be considered damaged? I'm asking because I dont know if there's a difference. (as far as grading goes) :confused:


    Shawn
     
  11. GDJMSP

    GDJMSP Numismatist Moderator


    Damage for exactly the same reason. If it was a planchet error that was there before striking - how would the detail of the eagle's wing be there at all ? It wouldn't, in fact couldn't because the die is incuse. And the only way for that detail to get there is if the planchet was flat when it was struck.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    No, damage only accurs after striking. Planchet defects are there before the coin is struck.

    Yes, both affect grading. But a coin with a planchet defect will be graded, albeit at a lower grade - a coin with damage will not be graded at all.
     
  13. borgovan

    borgovan Supporter**

    I would say you might get 1/4 to 1/3 of the price of an undamaged VG-8 coin.
     
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