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<p>[QUOTE="Catbert, post: 484951, member: 12718"]<font face="Times New Roman"><font size="3">Earlier this year, I renewed my interest in this great hobby after being away since a child. One of my first objectives was to find and buy a seated dollar since I liked large coins, the series had low mintages, and I loved the eagle on the back. So, off I went in February with a mentor to my first coin show in:</font></font></p><p> </p><p><font face="Times New Roman"><font size="3"><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/StLouisArch.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></font></font></p><p> </p><p><font face="Times New Roman"><font size="3">Ah a wonder to behold - around 300 dealers and I searched the bourse carefully seeing many examples. Even to my untrained eye I could tell that many for sale were harshly cleaned. One dealer that I asked who did not have one said “Oh, those are going for moon money” which was kinda cool since I’d never heard that term before! Alas, I found one from a dealer from Iowa. It was calling to me and I found it irresistible. I had my mentor examine it and, after telling me it had an old cleaning, he helped me negotiate a price for XF money. I had no illusions that it would grade, nor did I care then. Here are pics of the coin:</font></font></p><p> </p><p><font face="Times New Roman"><font size="3"><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics013.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></font></font></p><p> </p><p><font face="Times New Roman"><font size="3">Scratch on reverse shield is on the plastic:</font></font></p><p> </p><p><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics009.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p> </p><p><font size="3"><font face="Times New Roman">I posted about the coin here at CoinTalk and asked for opinions about the grade. Lots of varied opinions were offered, after all, it is a challenge to grade from pictures. I remember Leadfoot was especially instructive as to pointing out the insufficient luster on the coin which hurt its chance for a higher grade. </font></font></p><p> </p><p><font face="Times New Roman"><font size="3">As I gained more knowledge about the hobby and watched CDN prices rise for my acquisition, I decided that I’d try to see if I could get it certified. So, when I attended the Central States show in Chicago in April, I went to see:</font></font></p><p> </p><p><font face="Times New Roman"><font size="3"><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/DavidLange.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></font></font></p><p> </p><p><font face="Times New Roman"><font size="3">Certainly, this well know guru would give me insights on my coin and its chances with NGC. After taking a moment of his time to kindly review, David Lange said that he felt the coin was an AU and would likely certify with his company (of course, there are no guarantees). Thus, I was excited by this possibility since getting the coin in a slab would enhance its future salability – not important to some, but it was to me.</font></font></p><p> </p><p><font face="Times New Roman"><font size="3">In August, I had my mentor send it in to NGC for certification. The coin was reviewed and I received this back in the mail:</font></font></p><p> </p><p><font face="Times New Roman"><font size="3"><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics030.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></font></font></p><p> </p><p><font face="Times New Roman"><font size="3">I was depressed, but I still liked my wonderful dollar with only 140,750 minted. After all, just because NGC didn’t feel the love didn’t mean I needed to abandon my appreciation for this lovely lady. So, I dropped the issue of having it slabbed.</font></font></p><p> </p><p><font face="Times New Roman"><font size="3">Time passed and as I read the various coin boards regularly, I became familiar with the excellent reputation of Mark Feld, a vest pocket dealer out of San Diego:</font></font></p><p> </p><p><font face="Times New Roman"><font size="3"><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/MarkFeld.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></font></font></p><p><font face="Times New Roman"><font size="3"><a href="http://www.markfeldcoins.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.markfeldcoins.com/" rel="nofollow">http://www.markfeldcoins.com/</a></font></font></p><p> </p><p><font face="Times New Roman"><font size="3">In November, I asked him to send to PCGS on my behalf and I sent my dollar to him for review. He was dubious it would slab, but if so, he felt it would grade at AU. There was a chance it would end up in a “Genuine” holder. He generously took the coin with him to the Baltimore show to get the opinion of other dealers. They suggested it was XF and to send it in to PCGS and so Mark did.</font></font></p><p> </p><p><font face="Times New Roman"><font size="3">In December, the coin was returned to me as this:</font></font></p><p> </p><p><font face="Times New Roman"><font size="3"><img src="http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics023.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></font></font></p><p> </p><p><font face="Times New Roman"><font size="3">Yeehaw! My objective was realized and I am glad it made it into their plastic, especially with an AU grade. So, just because a certification service body bags a coin doesn’t mean it will never certify. I guess that is the lesson of this post!</font></font></p><p> </p><p><font face="Times New Roman"><font size="3">So, my Seated Dollar has had quite a journey in 2008. From an Iowa dealer to be sold at a St. Louis, MO show to my home in Indiana to then be reviewed in Chicago, IL and sent to NGC in Florida, back to Indiana, and lastly to both a CA dealer (with a stop in Baltimore) and PCGS in CA before coming home for XMAS to Boiler nation! (got to insert that Purdue reference) </font></font></p><p> </p><p><font face="Times New Roman"><font size="3">I wonder if she received her frequent flyer points?</font></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Catbert, post: 484951, member: 12718"][FONT=Times New Roman][SIZE=3]Earlier this year, I renewed my interest in this great hobby after being away since a child. One of my first objectives was to find and buy a seated dollar since I liked large coins, the series had low mintages, and I loved the eagle on the back. So, off I went in February with a mentor to my first coin show in:[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/StLouisArch.jpg[/IMG][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]Ah a wonder to behold - around 300 dealers and I searched the bourse carefully seeing many examples. Even to my untrained eye I could tell that many for sale were harshly cleaned. One dealer that I asked who did not have one said “Oh, those are going for moon money” which was kinda cool since I’d never heard that term before! Alas, I found one from a dealer from Iowa. It was calling to me and I found it irresistible. I had my mentor examine it and, after telling me it had an old cleaning, he helped me negotiate a price for XF money. I had no illusions that it would grade, nor did I care then. Here are pics of the coin:[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics013.jpg[/IMG][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]Scratch on reverse shield is on the plastic:[/SIZE][/FONT] [IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics009.jpg[/IMG] [SIZE=3][FONT=Times New Roman]I posted about the coin here at CoinTalk and asked for opinions about the grade. Lots of varied opinions were offered, after all, it is a challenge to grade from pictures. I remember Leadfoot was especially instructive as to pointing out the insufficient luster on the coin which hurt its chance for a higher grade. [/FONT][/SIZE] [FONT=Times New Roman][SIZE=3]As I gained more knowledge about the hobby and watched CDN prices rise for my acquisition, I decided that I’d try to see if I could get it certified. So, when I attended the Central States show in Chicago in April, I went to see:[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/DavidLange.jpg[/IMG][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]Certainly, this well know guru would give me insights on my coin and its chances with NGC. After taking a moment of his time to kindly review, David Lange said that he felt the coin was an AU and would likely certify with his company (of course, there are no guarantees). Thus, I was excited by this possibility since getting the coin in a slab would enhance its future salability – not important to some, but it was to me.[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]In August, I had my mentor send it in to NGC for certification. The coin was reviewed and I received this back in the mail:[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics030.jpg[/IMG][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]I was depressed, but I still liked my wonderful dollar with only 140,750 minted. After all, just because NGC didn’t feel the love didn’t mean I needed to abandon my appreciation for this lovely lady. So, I dropped the issue of having it slabbed.[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]Time passed and as I read the various coin boards regularly, I became familiar with the excellent reputation of Mark Feld, a vest pocket dealer out of San Diego:[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/MarkFeld.gif[/IMG][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][URL]http://www.markfeldcoins.com/[/URL][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]In November, I asked him to send to PCGS on my behalf and I sent my dollar to him for review. He was dubious it would slab, but if so, he felt it would grade at AU. There was a chance it would end up in a “Genuine” holder. He generously took the coin with him to the Baltimore show to get the opinion of other dealers. They suggested it was XF and to send it in to PCGS and so Mark did.[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]In December, the coin was returned to me as this:[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][IMG]http://i259.photobucket.com/albums/hh297/IndianaCatbert/1847%20Seated%20Dollar/SeatedDollarSlabPics023.jpg[/IMG][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]Yeehaw! My objective was realized and I am glad it made it into their plastic, especially with an AU grade. So, just because a certification service body bags a coin doesn’t mean it will never certify. I guess that is the lesson of this post![/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]So, my Seated Dollar has had quite a journey in 2008. From an Iowa dealer to be sold at a St. Louis, MO show to my home in Indiana to then be reviewed in Chicago, IL and sent to NGC in Florida, back to Indiana, and lastly to both a CA dealer (with a stop in Baltimore) and PCGS in CA before coming home for XMAS to Boiler nation! (got to insert that Purdue reference) [/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]I wonder if she received her frequent flyer points?[/SIZE][/FONT][/QUOTE]
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A Year in the Life of a Seated Dollar (in pics)
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