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Same coin, $17,000 difference in holders
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<p>[QUOTE="johnmilton, post: 4603772, member: 101855"]To help less experienced collectors understand this, the flat spot to the left of Ms. Liberty’s eye is a strike issue. There was probably no detail there from the day the coin was made. </p><p><br /></p><p>The rest of the detail would qualify as an EF, but the coin has finely granular surfaces. A few of those marks were probably on the planchet from the beginning. The die did not flatten them. But most of the other tiny pits are from mild corrosion, which is very common for copper coins from this era. It’s also to be expected because the metal is reactive. The coin probably has had some expert restoration work done in it. </p><p><br /></p><p>Despite that, this piece is a very nice example. From the commercial point of view, an EF-40 grade is fair. BUT with the original mint surface totally gone, there is no way that this coin could be graded AU, let alone AU-58, which says the coin is a hairbreadth from Mint State.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4603772, member: 101855"]To help less experienced collectors understand this, the flat spot to the left of Ms. Liberty’s eye is a strike issue. There was probably no detail there from the day the coin was made. The rest of the detail would qualify as an EF, but the coin has finely granular surfaces. A few of those marks were probably on the planchet from the beginning. The die did not flatten them. But most of the other tiny pits are from mild corrosion, which is very common for copper coins from this era. It’s also to be expected because the metal is reactive. The coin probably has had some expert restoration work done in it. Despite that, this piece is a very nice example. From the commercial point of view, an EF-40 grade is fair. BUT with the original mint surface totally gone, there is no way that this coin could be graded AU, let alone AU-58, which says the coin is a hairbreadth from Mint State.[/QUOTE]
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Same coin, $17,000 difference in holders
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