PCGS Certifies 1776 Continental Dollar... Bought for 50 Cents

Discussion in 'US Coins Forum' started by Dougmeister, Feb 8, 2020.

  1. Dougmeister

    Dougmeister Well-Known Member

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  3. baseball21

    baseball21 Well-Known Member

    Probably more like ever considering the cost was 50 cents
     
    midas1 likes this.
  4. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Wow. That definitely deserves a "You Suck" award!
     
    Hoky77 and RonSanderson like this.
  5. louis a bencze

    louis a bencze Active Member

  6. Michael K

    Michael K Well-Known Member

    Reading the article now.
    I assume the dealer figured it was a replica? When I read "junk bin" I figured a dealer.
    Oh it's a flea market in Europe. Even if it was fake I would go for half a Euro.
    Nice score. Did it come back MS 62? Or that's just the price in MS 62. It doesn't make that clear.
     
  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Yes, the article says it was graded 62.
     
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'd sure like to hear the history on that bill. Where has it been? Who touched it?
     
  9. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    It isn't a bill. It is a coin (maybe?, there's been some recent research and serious debate if it is actually a coin or a medal, or even if was produced in the US).

    And with a grade of 62... not many people have touched it.
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    All it takes is the right person.
     
  11. Mountain Man

    Mountain Man Well-Known Member

    It brings to my mind just how much experience a grader in Paris has with such a coin? Would they have consulted an expert, if there is one, on this coin? I don't doubt PCGS ability to grade, but if only a few have actually graded a coin like it, how would they compare them?
     
  12. Santinidollar

    Santinidollar Supporter! Supporter

  13. baseball21

    baseball21 Well-Known Member

    Senior graders are making the call on something like that.
     
    Dougmeister likes this.
  14. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    A good grader can grade any coin. Strike, Luster, Eye appeal, Contact marks, and wear - if you understand these basic components, you can give a confident grade on any coin. The grading on this would be the same basic process as any other token.

    Additionally, any experienced grader of US coins (the sort who'd be hired at PCGS), has handled at least a couple of Continental Currency pieces. They are legendary.

    I'm quite sure, however, on something like this there were experts called in to authenticate the coin. This is a $100,000 coin, and they'd want to make sure they got it right.
     
    TypeCoin971793 and Dougmeister like this.
  15. micbraun

    micbraun coindiccted

  16. Eduard

    Eduard Supporter**

  17. masterswimmer

    masterswimmer Well-Known Member

    I have a junk bin. I think I need to scour that box!

    Honestly, I don't know that I would have even known what I was looking at if it were me perusing that lot. I will now though ;)
     
    midas1 likes this.
  18. TypeCoin971793

    TypeCoin971793 Just a random nobody who doesn’t know anything...

    And this is exactly why the probability approach to authentication is worthless
     
    Sunflower_Coins likes this.
  19. TypeCoin971793

    TypeCoin971793 Just a random nobody who doesn’t know anything...

    Absolutely! Why couldn’t I have found this while I was living in Northern France. :( ;)
     
    Sunflower_Coins and C-B-D like this.
  20. buckeye73

    buckeye73 Well-Known Member

     
  21. buckeye73

    buckeye73 Well-Known Member

    Sorry Eduard, in deleting your link to Continental Dollars in quoting you, my discussion of a Scotland coin shop experience appeared to be a part of your post. My apologies.

    Edited to substitute post for thread. I have butchered responses on this thread! (Too little sleep last night?).
     
    Last edited: Feb 10, 2020
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