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1799 Draped Bust Dollar - Opinions?
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<p>[QUOTE="Publius2, post: 8404180, member: 105571"]The OP's raw coin that he is considering purchasing looks to be the BB-155 die marriage. First thing to check re authenticity is the die marriage with any valuable older coin as the counterfeiters have made a bunch of these and often pair the wrong obverse and reverse dies. So, this raw coin looks genuine at least as far as possessing the correct die marriage.</p><p><br /></p><p>Further, this die marriage is one of the scarcer of the many 1799 die marriages. It appears to be pretty wholesome and the old cleaning doesn't look bad. While it's not quite as sharp as the NGC coin offered for comparison, the pit in the obverse right field of the slabbed coin is off-putting to me.</p><p><br /></p><p>I would not grade the raw coin better than VG-08, ignoring the old cleaning. </p><p><br /></p><p>PCGS lists this coin as $1125 in G-04 and $2300 in F-12. Greysheet specifically lists the BB-155 as $1000 in VG-08 and $1400 in F-12, which is the same pricing as more common die marriages. Note that these pricing guides are strictly for slabbed coins that are straight-graded. There should be a deduction in price for being raw and for being cleaned.</p><p><br /></p><p>I would not consider this raw, cleaned coin at $1500 to be a "good" deal even if you are willing to take a details coin with no authenticity guarantee.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 8404180, member: 105571"]The OP's raw coin that he is considering purchasing looks to be the BB-155 die marriage. First thing to check re authenticity is the die marriage with any valuable older coin as the counterfeiters have made a bunch of these and often pair the wrong obverse and reverse dies. So, this raw coin looks genuine at least as far as possessing the correct die marriage. Further, this die marriage is one of the scarcer of the many 1799 die marriages. It appears to be pretty wholesome and the old cleaning doesn't look bad. While it's not quite as sharp as the NGC coin offered for comparison, the pit in the obverse right field of the slabbed coin is off-putting to me. I would not grade the raw coin better than VG-08, ignoring the old cleaning. PCGS lists this coin as $1125 in G-04 and $2300 in F-12. Greysheet specifically lists the BB-155 as $1000 in VG-08 and $1400 in F-12, which is the same pricing as more common die marriages. Note that these pricing guides are strictly for slabbed coins that are straight-graded. There should be a deduction in price for being raw and for being cleaned. I would not consider this raw, cleaned coin at $1500 to be a "good" deal even if you are willing to take a details coin with no authenticity guarantee.[/QUOTE]
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1799 Draped Bust Dollar - Opinions?
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