1938 $10 liberty guess the grade, win a prize !

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Well we have effectively thinned out the herd, I cant believe 2 people actually got this right, the scratches on this coin scream details! I have seen less marked up coins get details so its kind of surprising.

Since we have two correct answers by both @CamaroDMD and @Publius2 we
will go to a final coin to determine the winner, this will just be a two parter
grade and CAC designation.

 

heres the previous coin:

 

and heres the new coin, I will end the contest once both contestants have chimed in
good luck !

 

They gave it a Major Pass because it's an SS Republic coin.

 

Shipwreck coin are not, you still have to be fair about the grading, were talking big dollars here the difference between an XF grade and the one it received.

 

I was commenting about it being a shipwreck coin.
You know that they are cleaned.
Well conserved ( cough cough ) cleaned none the less.
Usually cleaned equals details.
VERY NICE either way. Nice pickup.

 

To quote NGC
Numismatic Conservation Services and Numismatic Guaranty Company were awarded the exclusive contract for conserving and grading the thousands of SS Republic coins recovered from the 1865 shipwreck site. These gold and silver SS Republic coins were brought to the surface by Odyssey Marine Exploration Inc. of Tampa, Florida. Some of the highlights from this operation are featured here to showcase the amazing work performed by NCS, who professionally conserved these treasures, and by NGC, who performed encapsulation and grading of the SS Republic coins for long-term preservation

 

I have absolutely no knowledge about these as I have no hopes of ever owning one...lol. So, this is a blind guess considering I don't even know the denomination.

MS62, no CAC.

 

I guess they didn’t believe in putting the
denomination on the coin…LOL

It’s actually a $10 GOLD piece, but not
sure how much that has to do with the
grade ?

 

AU 58 with a CAC Green Bean

 

It has nothing to do with it...but my assumption is people who know these coins well can probably tell the denomination based on die characteristics and details. My assumption would be that because a 1/4 eagle is a lot smaller...there is less detail in the design and the grading could be different simply because the design is different.

That said, I wouldn't have any clue anyway. LOL.

 

I'm not in the game anymore and the contestants have chimed in, so I'll armchair quarterback this and say the 1803 $10 looks like a wholesome AU50, and wholesome means green bean.

 

I was actually surprised that there is no value
on the coin, have never seen that before I guess I learned something today as well…LOL

 

I will post the coin and winner later on this afternoon so stay tuned !

 

It is one of the oddities of early gold. Not sure why it was omitted.

 

When these coins were made, there were no photographs much less JPEG images. No one was trying the determine anything about the coin from an image. Anyone who had contact with them was holding them in their hand. There was no mistaking the difference between a half eagle and an eagle.

Secondly, given the propensity for shaved or counterfeit coins, pretty much every merchant/banker used scales to verify the coin weight because the weight of the gold was where the entire worth of the coin lay.

So a denomination was not necessary for the efficient conduct of commerce.