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<p>[QUOTE=&quot;johnmilton, post: 24612891, member: 101855&quot;]I bought this 1799 dollar from a veteran collector in the mid 1980s. At the time he sold it to me, he indicated that he had paid $15 for it in the 1940s.</p><p><br /></p><p>[ATTACH=full]1564452[/ATTACH] </p><p><br /></p><p>Consulting my Red Books from the 1940s, I found that the retail price for this variety (7 obverse stars left, 6 right) of 1799 dollar was consistently $17.50 in VF until 1950 (4th edition of the Red Book) when it went up to $40. In those days, this coin would have graded EF, so it appears that he got quite a bargain.</p><p><br /></p><p>This leads to another observation about how grading has changed over the decades. In the 1980s, I graded this piece EF-45. Not surprisingly the collector graded it AU. We decided to let ANACS decide. This was before PCGS existed. ANACS sent it back in one of their &quot;old time, bar soap&quot; holders as an EF-45. </p><p><br /></p><p>In the early 2000s I saw that the grading standards had changed. I cracked it out of the ANACS holder and sent it to NGC. They gave it an AU-55. </p><p><br /></p><p>So, what do you think?[/QUOTE]</p><p><br /></p>

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