I've been wanting to own one of these exclusive California Quarter Eagles for a long, long time! The only thing in my way is the price tag! Way out of my budget for my entire lifetime! Supposedly it's the first Commemorative Coin issued in 1848! Son of a two ton Tessie! That's some big money! How about you? https://www.ebay.com/itm/162893728661 https://www.pcgs.com/coinfacts/coin/1848-2-50-cal/7749
Not sure what the complaint is? Easily affordable. If I don't want to eat or have a roof over my head for the next 10 years
The reverse, definitely looks way too shabby to be an AU58, and I think you may be right! My guess is since it's such a rarity, all TPG's would give it a higher grade than normal. But would they intentionally leave out that it's been cleaned? I forget the name for the practice, but it's similar to a dealer playing cards and taking pushes. Except with coins, it's downright deceitful!
Looking at the MS coins on the Coinfacts site, it looks like there are a lot of die polish lines on these that could be taken for cleaning marks. To me , the coin posted has more wear on it than I would like for the 58 grade. The slab photos are terrible and I can't get a handle on the true look of the coin. I don't understand why sellers of pricey items don't take a little time to make decent photos or pay someone to do it for them.
Quite possibly. Back in the years before they decided to start putting damaged/cleaned coins in "Genuine" slabs they would often put slightly damaged or cleaned very rare or early US gold and silver coins in straight graded holders with no mention of the problems. So I could very easily see them continuing to do so.
Here is an 1848 CAL. I bought a few years ago. This piece is graded PCGS AU-55. When I was shopping for this coin, there was an AU-58 in the auction at the same show. It went for quite a bit more than what I paid for this piece, but it had been cleaned. Back in the 1980s, a dealer offered me this "economy model CAL." for $1,300. I got the chance to photo it. I think that it might be the worst one known, but it is made from the first shipment of California gold that made it to the East Coarst.
Back in the 1980s, a dealer offered me this "economy model CAL." for $1,300. I got the chance to photo it. I think that it might be the worst one known, but it is made from the first shipment of California gold that made it to the East Coast. View attachment 993986 View attachment 993987 [/QUOTE] This coin charm could tell some stories.
Was there any way to tell with that "economy model" if the CAL had just been added to a normal date quarter eagle? Considering the obverse had been turned into a love token.
It has the earmarks of the correct counterstamp, the wear patterns on it are consistent with the rest of the coin and there is no flat spot on the back which would indicate that it had been added recently. The genuine coin never has an signs of flattening opposite the "CAl." because the counterstamp was added while the coin the laying on the obverse die.
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