1804 Dollar

Discussion in 'US Coins Forum' started by C-B-D, Jun 14, 2018.

  1. C-B-D

    C-B-D U.S. Type Coins or death! Supporter

    PR62 just sold at Heritage for $2.76 million. Isn't that a little low? Then again, didn't it used to be graded XF40 about 50 years ago?
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    Last edited: Jun 14, 2018
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    That is just a wee bit out of my price range.
     
    Garlicus likes this.
  4. baseball21

    baseball21 Well-Known Member

    Yea that was a little soft but not exactly cheap.
     
  5. C-B-D

    C-B-D U.S. Type Coins or death! Supporter

    PCGS price guide $2.85M
    NGC price guide $4.45M
     
  6. C-B-D

    C-B-D U.S. Type Coins or death! Supporter

    I've never thought that coin was Uncirculated. Wonder what @GDJMSP grades it?
     
    TypeCoin971793 likes this.
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    And people wonder why CT members say don't go by price guides. Rate or not, that's a difference of $1.6M.
     
  8. baseball21

    baseball21 Well-Known Member

    As TDN and others who actually play at that level have stated before they aren't graded, they're so rare they're just ranked against each other.
     
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  9. C-B-D

    C-B-D U.S. Type Coins or death! Supporter

    I just added the pics. If say AU50 or PR50 at best. Look at the wear and circulation marks!
     
  10. baseball21

    baseball21 Well-Known Member

    Again they aren't graded they're ranked each other. You can count the number of coins on your fingers.
     
  11. C-B-D

    C-B-D U.S. Type Coins or death! Supporter

    I get it, but then they should have ranked them 1 thru 5. Seeing a 62 on that sucker is amusing.
     
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  12. Michael K

    Michael K Well-Known Member

    I guess if they know it is a proof, OK. But it's much lower than 62.
    Reverse is much better, 55. But the obverse shows wear and circulation.
    45-50. Maybe net 50 on old silver benefit of the doubt rhythm.
     
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  13. baseball21

    baseball21 Well-Known Member

    Makes no difference. It looks better in the slab photo and the trueview but 1-x or ranked how they are wouldn't make a difference.
     
  14. baseball21

    baseball21 Well-Known Member

    Huh? What do you mean you guess if they know it's a proof
     
  15. Nathan401

    Nathan401 Supporter! Supporter

    Meh. I'm holding out for a higher grade. ;)
     
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  16. Michael K

    Michael K Well-Known Member

    Impaired proof. Face value coin.
     
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  17. baseball21

    baseball21 Well-Known Member

    It's going to the Hansen collection
     
  18. DBDc80

    DBDc80 Well-Known Member

    The final heraldic eagle i need for my collection....:banhappy:
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    50 is a bit of an exaggeration, but I think you're referring to the Adams coin which was graded 45 in '89, then upgraded a few times until '01 when it was graded AU58. As far as I know it still is.

    Even the current articles about this coin "politely" refer to the 62 grade as being generous. And I'm pretty sure it's been upgraded before as well, but I do not recall the previous grades. Perhaps @Conder101 does.

    Me, I'd grade it 50 at best.

    There may be hope for you after all CBD :D
     
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  20. baseball21

    baseball21 Well-Known Member

    It's been graded as a 62 since at least 2008 when NGC graded it 62. Between 2008 and 2013 it was crossed over to PCGS.
     
  21. Yankee42

    Yankee42 Well-Known Member

    They believe that it was circulated, supposedly found in a bank in the 1850s, yet it is graded PF62.
     
    C-B-D likes this.
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