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<p>[QUOTE="900fine, post: 473911, member: 6036"]Greg,</p><p> </p><p>I took a long look at this very coin at the Heritage Auction lot viewing this last weekend.</p><p> </p><p>Cave_Troll is right on. This coin is overgraded. In fact, it's easy to see that even from the photo.</p><p> </p><p>There is a lot of chatter on this coin, particularly the obverse. Here are some bad hits :</p><p> </p><p><b>OBVERSE: </b>Truncation of bust, in front of chin, between bust and star #1, in front of nose (on a line between nose and stars 3 / 4), between nose and star #4, above and to the right of the second "1", and a few lighter, minor scuffs behind the bust / hair.</p><p> </p><p><b>REVERSE:</b> In general, much better than the obverse. Look carefully and you'll spot some minor grazes, discolorations, and spots.</p><p> </p><p>The coin is well struck and lustrous, though. I'll give it that.</p><p> </p><p>My wife, an interested beginner, compared this to a 1901 MS64 (not looking at the grades) and preferred the 64. Smart choice; the 64 was a superior coin.</p><p> </p><p>MS64s go for half the price of this coin.</p><p> </p><p>So yes, at $3700 it's "priced right" for a 65, but it's not a 65. It's a double-priced 64 (or worse).[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 473911, member: 6036"]Greg, I took a long look at this very coin at the Heritage Auction lot viewing this last weekend. Cave_Troll is right on. This coin is overgraded. In fact, it's easy to see that even from the photo. There is a lot of chatter on this coin, particularly the obverse. Here are some bad hits : [B]OBVERSE: [/B]Truncation of bust, in front of chin, between bust and star #1, in front of nose (on a line between nose and stars 3 / 4), between nose and star #4, above and to the right of the second "1", and a few lighter, minor scuffs behind the bust / hair. [B]REVERSE:[/B] In general, much better than the obverse. Look carefully and you'll spot some minor grazes, discolorations, and spots. The coin is well struck and lustrous, though. I'll give it that. My wife, an interested beginner, compared this to a 1901 MS64 (not looking at the grades) and preferred the 64. Smart choice; the 64 was a superior coin. MS64s go for half the price of this coin. So yes, at $3700 it's "priced right" for a 65, but it's not a 65. It's a double-priced 64 (or worse).[/QUOTE]
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