1933 Saint-Gaudens Double Eagle Graded MS65 (no holder !)

Discussion in 'US Coins Forum' started by GoldFinger1969, Apr 9, 2021.

  1. eddiespin

    eddiespin Fast Eddie

    Why this coin isn't slabbed is still what I want to know. And why it wasn't slabbed the last time around. Saving money on fees? Not worth it? Some coins aren't worth it, let's face it, we see them every day here. This one is batting 2-for-2 now. What I'd like to know is, who really has been making those decisions not to slab?
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    If you hit the Obverse-only photo, you can see that the fields of the MS66 coin are pretty clean compared to the others.

    Coins 3, 5, 6, and 7 all have some noticeable bag marks in the left field (Liberty's right side). They are all MS64.

    Do you think if I show up at Fort Knox and tell them I need to take some pics of the 10 Saint coins with my smartphone set to maximum resolution that they'll let me in ? :D
     
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  4. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    I think they have a standing requirement that you can only do that if you bring 10 of your surliest friends :)
     
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  5. baseball21

    baseball21 Well-Known Member

    Please do video it if you try and get in LOL. Don’t really try that I don’t want anyone saying I said to do that LOL.

    on a more serious note I think this one was graded right and gold is very much different than most are used to talking about. I also really dislike the whole notion of hits determine the whole grade and have had many posts about how the entire thing should and is considered.
     
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  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Stuart Weitzman, the owner, is NOT a coin collector. He probably didn't even know about grading and encapsulation.

    He was probably told he needed to get it graded/certified to maximize $$$ for his charitable foundation.

    Sotheby's, always the fly in the ointment on coin stuff, probably let him know he didn't have to get it slabbed. Or maybe Weitzman wanted the coin "loose" and asked if that could be arranged. I'm guessing, no idea but it's pretty clear they compromised by letting PCGS grade but not slab.
     
  7. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I've got 2 of the 10, Miss Galore and Mr. Odd Job. :D

    Working on the rest.....:cigar: :p
     
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  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Interesting, so awaiting higher-res pics.....you think the MS65 grade is OK. Interesting.....

    Besides a superb reverse, what could counter the bag marks or that big gouge on the Weitzman Saint, BB21 ?

    For me, I'd have to say near-perfect reverse, great luster, well-struck.

     
  9. baseball21

    baseball21 Well-Known Member

    Simply put the fact it was supposedly graded that way before and even simpler, the fact others were graded as a 64. It’s in the right hierarchy
     
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  10. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Someone sounds jealous that there’s a coin they can’t afford...
     
  11. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    People have been matching coins to catalogues printed back to the 1880’s. It’s not that hard
     
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  12. Conder101

    Conder101 Numismatist

    Both services. After the initial slabbing they were resubmitted twice, to the other service and then back to the original one, moving up a point each time.
     
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  13. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    The government took the stance that all unofficial issuances of the 1933 double eagle were theft of government property. We know that not to be the case because at least one was unofficially procured from the mint legitimately with a receipt dating before the melt order to prove it. The others don’t have a receipt from before the melt order, nor a receipt at all, so to government has interpreted that as the coins were stolen. It is highly likely that Switt, a coin dealer near the mint, purchased the coins as a pre-issue to have the coins in stock immediately upon release. They were just never released.

    you strike me as the type that blindly trusts whatever big daddy government says. That’s a dangerous game
     
  14. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    These were illegally and illegitimately manufactured using mint equipment and stolen mint property. The maker (Mr. Brown), had to wait 7 years for the statute of limitations to expire, and he even “legitimized” their acquisition by putting in ads in The Numismatist offering to buy them. Yet they are legal to own only because big daddy government says they aren’t illegal yet
     
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  15. Conder101

    Conder101 Numismatist

    Progeny? This coin has children?
     
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  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Nope! I just don't like it when the Feds screw someone and someone else can take advantage of it.
     
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  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Unless the catalogs I've seen used stock photos instead of actual ones of the coin.
     
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Like I said earlier, a Treasury official said in the 1950's the coins should/could be confiscated along with others.
     
  19. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    I’m referring to the higher-end publications with actual images of the coin
     
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  20. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Gotcha....there is a catalog of the King Farouk stuff when it was sold in London, don't know if there's a picture of the 1933 Saint and if it's the actual coin or a stock photo.

    Maybe the catalog is on NARA or something.
     
  21. eddiespin

    eddiespin Fast Eddie

    Being an animal I'm particularly offended at the ANA's use of "pedigree" to describe a half-assed lineage of ownership for market grading purposes so I use the just-as-half-assed "progeny" to describe same, that is to say, if it's all the same to you. Or even if it's not.
     
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