1862 Seated Dollar - Your frank opinions please

Lafayette and 1909-S are no longer listed under Member List. :high5:

 

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This is good news indeed!

 

If you don't drive a wooden nickel into their heart , they will return

Jim

 

Admin can ban IP's and even whole IP ranges.

 

Clembo is slicing and dicing the guy in PRWE as we speak.....

 

Hi Eduard, I don't see anything about your coin that would lead me to believe it's a fake. It's really rare. Bowers estimates only about 500 or fewer survive; he says "Acquiring such pieces is more a matter of opportunity than price paid." Enjoy!

 

IMO, that's a real coin that will likely get no better looking through dipping and/or retoning. Eduard, if you don't like the coin, sell it and find one you do like. Respectfully...Mike

 

Eduard,

Due to the low mintage, low total of surviving specimens and current comparitively low values of the 1862 (Philadelphia Minted) Seated Silver Dollar, I think that your purchase of this coin was a wise investment (dipped or not)! This coin is a sleeper that will eventually come into it's own in the future and fetch prices that are more reflective to it's rarity!


Frank

 

The coin, if real and uncleaned, has about a $2000 greysheet value.
That seems to me to be worth enough to be submitted to a major TPG for a professional opinion.
Yes, it will cost a bit more since you are not in the US.
If it has been cleaned (as it appears to have been) then ANACS would be a good choice. I don't think there's a joining fee.
PCGS and/or NGC I think(?) has started grading/slabbing cleaned coins but you have to join them (more money).

"Bite the bullet" and take away the guessing. Slab it.
Unless having been cleaned is not a concern.
In that case proceed with the (natural) toning process.

 

Thank you all for your comments.

I was looking at Heritage, and they have this 1862 Dollar coming up for auction:

http://coins.ha.com/common/view_item.php?Sale_No=1122&Lot_No=1604

It is NCS AU Details (Cleaned/Scratched). I was comparing the position of the starts relative to the edge dentils and my example matches very well (exactly) the Heritage coin.
All other details and style also are exactly the same.
(Not that i ever doubted that authenticity of this example, but Lafayette was so insistent i thought i would check....)

Regards,
Eduard

 

The troll and the trolls sockpuppets have descended into the abyss of ignominy and are thus to be ignored.

 

Wow, that sounds pretty terminal! may he rest in peace....

 

I don't believe its a fake either. Nor do I believe its been harshly cleaned. I'd say lightly cleaned, and dipped. It has a highly reflective surface and probably was initially a somewhat PL coin. Reminds me of my trade dollar, which doesn't have hairlines from cleaning but has a similar very PL surface. Took me awhile to figure it out though.

Still a nice coin, and I would also suggest ANACS. However, I have seen coins with JUST the highly reflective surfaces in PCGS and NGC slabs. They seem to be relaxed on dipping.

As for grade, at least AU-55. Could be better though.