I cant believe a coin can be so expensive with such ugly eye appeal

Discussion in 'US Coins Forum' started by goldrealmoney79, Jul 19, 2020.

  1. Mainebill

    Mainebill Bethany Danielle

    Been dipped out already and badly retoned. A lot of coins this would have already details graded they gave this one a pass. Surfaces are ruined on an otherwise nice coin
     
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  3. KSorbo

    KSorbo Well-Known Member

    If I had $20K to spend on a coin (which I certainly don’t), I would pass on the OP coin and find a nice XF-AU example, and spend the remainder on another nice early American piece.

    I realise that virtually all early US coins have been cleaned at some point. However, from what I have seen in pictures, wouldn’t the toning pattern on the OP coin typically end up in a “details cleaned” slab? Perhaps the graders let this one slide due to its extreme rarity. It’s understandable why someone would still want this coin. An MS graded Bust Dollar does sound pretty sexy.
     
    micbraun and Mainebill like this.
  4. Mainebill

    Mainebill Bethany Danielle

    I’d much rather have a crusty original xf or au myself. I could buy a couple
     
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  5. Mainebill

    Mainebill Bethany Danielle

    I think this is a technical 63-4 that’s been net graded down from being badly over dipped. A shame actually as a great strike and a clear ms. But the natural luster is gone.
     
  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Perty coin just details IMO.
     
  7. johnmilton

    johnmilton Well-Known Member

    It's been dipped at once already. The ugly toning you see is the result of a dip that was not properly rinsed and neutralized.
     
  8. KSorbo

    KSorbo Well-Known Member

    That was my thought process behind the comment I made earlier. Ugly and natural is one thing, but this appears unnatural. Do we even know that the coin looked that way at the moment it was slabbed?
     
  9. Andrew Snovell

    Andrew Snovell Active Member

    Yikes! Off to NCS it should go.
     
  10. kanga

    kanga 65 Year Collector

    There's one thing that I haven't seen mentioned for 5-10 years.
    Flood coins.
    That's why, when I see a coin with unusual toning, I look to see where the seller is located.
    Most times I'm looking for the US southeast and south (South Carolina over to Texas).
    Collections getting wet because of hurricanes.
    But Tornado Alley also has to be considered.
     
    GenX Enthusiast likes this.
  11. Hamilcar Barca

    Hamilcar Barca Well-Known Member

    While a thing can be overpriced, there is no such thing as ugly.
     
    GenX Enthusiast and rrdenarius like this.
  12. buckeye73

    buckeye73 Well-Known Member

    .....or possibly 4 to 6 for $20k!
     
  13. TonkawaBill

    TonkawaBill Well-Known Member

    A M E N.... DIP IT
     
  14. TonkawaBill

    TonkawaBill Well-Known Member

  15. Gallienus

    Gallienus coinsandhistory.com Supporter

    On the 1799 Bust dollar, I believe those lines in the hair obv., are adjustment marks and not after striking scratches.
     
  16. John Wright

    John Wright Well-Known Member

    1795 S-079 1 cc06  G04  WCN  Reeded.jpg You think THAT's insane! What about this coin for over $100,000 almost a quarter century ago. 1795 S-079 1 cc06  G04  WCN  Reeded.jpg
     
    TypeCoin971793 likes this.
  17. Mr.Q

    Mr.Q Well-Known Member

    Looks like Zorro made his mark on the obverse. How do you conserve a coin you can not clean... Slab it and leave people to degrade it no thanks. Makes for conversation though thanks for the post. Good luck
     
  18. messydesk

    messydesk Well-Known Member

    I don't like it. There's another 1799 $1 in NGC 61 for sale on eBay, as well, but I'm not crazy about it, either. I like the ones that sold on Heritage in January and last June better, and the PCGS 61 from March 2018 better yet. All were cheaper than this one.

    Buying this on eBay "risk free," hoping it might look better in hand and then returning it would be a real douche move, IMHO. Seller would be out the $600 PP fee.
     
  19. john65999

    john65999 Well-Known Member

    ahh. a fellow dish owner, lol...lost 6 bids in a row the other night due to hughes being wonky and it raining, oh and i think a bird flew by and farted as well...
     
  20. KSorbo

    KSorbo Well-Known Member

    This thread piqued my curiosity and inspired me to browse through the high end EBay listings of Bust Dollars. Let’s start with the NGC cert photo of the highest priced listing in the series (i.e. house price, not car price...):

    E27FA525-D85D-4601-BA3E-BB9A1370DFF5.png

    Now, here’s the Trueview of
    a 58 that is CAC approved to boot:


    AF755893-6C95-491E-8C85-DB1A756D8CC1.png

    The NGC example actually looks better in the cert photo than in the listing.

    If I was going to spend 5 or even 6 figures on a coin, I would want it to be not only rare, but beautiful. Neither of these two blow me away in the second category. My impression is that due to the age of the coins and virtually 100% likelihood of them having been dipped at some point, high grade examples sometimes don’t look very good.

    Newborn babies are precious too, but...
     
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  21. johnmilton

    johnmilton Well-Known Member

    Here is the highest grade Bust Dollar I have in my collection. It is a PCGS AU-58. The piece does have some luster under the heavy, original toning.

    1802 Dollar O.jpg 1802 Dollar R.jpg

    The high grade Bust Dollar game is a tough, expensive one to play, especially you get into the MS grades. I have never seen an MS graded one that I could afford, which I liked.
     
    TheFinn, Mainebill, GeorgeM and 5 others like this.
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