Charlott Gold

Discussion in 'US Coins Forum' started by Marshall, Mar 24, 2010.

  1. Marshall

    Marshall Junior Member

    I have two Charlott $2.50 gold coins I am thinking of selling.

    1843 Plain 4 (23,076) in XF with light undertype which could be confused as scratches or bag marks.

    1854 (7,295) in F/VF and Obverse/Reverse flipped light undertype. Wing on Obverse - Star on Reverse.

    What would be the best way to maximize the amount I can convert to early copper?

    Is there a Charlott Type or variety collectors group?
     
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  3. chip

    chip Novice collector

    Maybe someone will see your post and have an "offer you can't refuse", probably the max you could do would be a dollar for dollar swap with another collector
     
  4. ksparrow

    ksparrow Coin Hoarder Supporter

    If they were mine, before selling I would have them certified. There is a lot of counterfeit Southern gold out there, and just being able to show that they are 'genuine' would reassure potential buyers. Next, I would have good photos made by someone like Todd of blueccphotos, for use on various BST forums. If they didn't sell there, I would think of listing them on eBay, or consigning them. Just my hypothetical plan, as I am not a dealer.
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    It maybe a good idea to start one :)
     
  6. Marshall

    Marshall Junior Member

    I have images, but I plan on working for sharper ones after the batteries recharge on my camera.

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  7. krispy

    krispy krispy

  8. GDJMSP

    GDJMSP Numismatist Moderator

    Regarding the '43 - it's a large date, the more common of the two. All of them appear to have recut dates and mint marks. There are no die clashes noted and I see nothing which resembles an over-strike in any way. I would grade the coin as VF. It also appears to have been dipped to the point that it would be considered to be harshly cleaned. This is common for this coin.

    As for the '54, I am pretty much convinced the coin is a fake. It appears to be cast. And it is missing several diagnostics that are known on all specimens - the date should be doubled, it isn't. There should be a die break that runs from the fraction bar to the rim - there isn't. There should be a mint made depression to the right of the eagle's neck - there isn't. There should be clash marks which completely surround the eagle - there isn't.

    Both of these coins only have 1 known variety. And neither of the ones you picture have the appropriate diagnostics.

    Now by all means, don't take my word that the '54 is a fake. But it sure looks to be one. Before either of these coins are sold, they need to be authenticated.

    The '43 is among the most common of all the C quarter eagles ranking 18th of 20. The '54 though ties for 8th of 20 making it quite scarce.
     
  9. Marshall

    Marshall Junior Member

    Thank you. I picked these up in the 1998 - 1999 time frame and I could easily have been fooled as could those who sold them to me. The 43 is from Silver Coast Coins in Daytona Beach and the 54 from Harlan J. Berk in Chicago. They are obviously worth sending in to be authenticated or identified as fakes. It's worth the price for me to remove fakes from the market.

    Now the question of PCGS or NGC? I'm thinking NGC by way of NCS if they can authenticate it before conserving it. They've been stored in flips of unknown origin and possibly harshly cleaned so removing any possible residue should be a good idea if they are authentic.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    In all honesty I see no need for NCS, but you can give it a try.

    Regarding the '54, if it turns out that the coin is a fake then you can get your money back from Berk. There is a lifetime guarantee on counterfeits.
     
  11. Marshall

    Marshall Junior Member

    I don't know how much better these are, but here is my second attempt at photographing them.

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  12. GDJMSP

    GDJMSP Numismatist Moderator

    Based on the pictures in your album I'm somewhat concerned about the '43 as well.

    Get them authenticated.
     
  13. Marshall

    Marshall Junior Member

    I researched the submission process and have a problem. A five coin minimum problem. I don't have 5 coins in the $28 tier to submit. I called and they don't allow mixing of tiers to reach the minimum. I then tried to find a NGS dealer in my area and there isn't any assistance in locating a nearby dealer on the NGC site.

    By the way, they also said there was no way to authenticate the coin prior to having it conserved so I must first get it slabbed for authenticity and if authentic, but only detail graded due to problems, then I would have to send it to NCS who would then conserve it and resubmit it for grading again on the chance it would then qualify. Then, I have to have 5 coins minimum for each step of the process.

    Any suggestions?
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    If what you say is true then they have changed their process dramatically. But since NGC now slabs problem coins that may be the case.

    You can get around the 5 coin requirement by adding your submissions in with somebody else who needs to submit coins.

    Or - get on the phone and call dealers in your area and ask them if they are an NGC dealer. Then use one of them to send the coins in for you.
     
  15. Marshall

    Marshall Junior Member

    I found a dealer without a storefront in Beaumont who is an authorized NGC dealer who has agreed to help me. I'll let you know how it comes back.
     
  16. Marshall

    Marshall Junior Member

    I was wrong on this point. I just didn't see their link to dealers. My apologies to NGC for the spurious charge.
     
  17. Leadfoot

    Leadfoot there is no spoon

    The first coin jumped off the page as fake to my eye. Denticles way too strong for wear level.

    The 54 looks real, but a bit beat up.

    I agree with others, your best first step is to have them graded and/or authenticated (and/or previewed by a professional you can trust). The two named by Krispy are great ones to contact for more info.
     
  18. Leadfoot

    Leadfoot there is no spoon

    p.s. Charlotte has an "e" on the end. :) The Queen City.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    It's good to see ya Mike - been a while :hail:
     
  20. Marshall

    Marshall Junior Member

    Unfortunately, I can't edit the Title.
     
  21. swish513

    swish513 Penny & Cent Collector

    uh, the "queen city" is cincinnati. that has been the city's nickname since before the civil war.
     
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