To Certify or not to ceritfy, that is the question

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Don't know what happened to my message, but, I bought this coin on ebay and think I should get it certified,
although it looks pretty good to me
I think there are starting to be real good fakes. I'd appreciate your opinion. Was asking %575 and accepted my offer of $450
item number = 130418094431

Thanks in advance

 

What's going on at 12 o'clock on the reverse?

 

There's a ding on the rim at 12:00, doesn't look suspicious to me.

I did the magnet test, passed, I did the ring test comparing to a peace dollar, passed,
I've examined every spot at high magnification comparing a real one on line and can't find a thing
that looks wrong. Am I just paranoid?

 

So that ding makes it non-gradable? That's interesting, I wouldn't think it was that significant. I'm
not all athat interested inthe grading, just in verifying its authenticity. If there's a way to be 95% sure on
my own I wouldn't bother, so am looking for opinions or tips that can get me there. TIA.

 

I agree, I think the ding at 12:00 is enough to get it in a genuine slab.

 

Send it PCGS they'll do something

Me I'd send it in

 

To me it looks like a removed jewelery mount there at 12:00?

 

It looks like a great coin to put in a Dansco type set as is. Looks real but won't grade due to the ding at 12 on the reverse and 3 on the obverse. It might be worth having in a genuine slab if trying to sell but I would not spend the fees.
From the image, I would grade it XF-40 or 45 if not for the damage.

 

Thanks Larry, So for valuation would you look at a VF level?
In looking at the NGC price guide it says VF=$390 and XF = $630. http://www.ngccoin.com/poplookup/NumismediaPricing.aspx
Is this site a good source for determining value?

Thanks in advance

 

You were right in guessing it's for my Dansco type set, and I agree, I really like the look.
I'm not a dealer, just a part time collector that wants genuine coins at reasonable prices.

 

Doug nailed the value in his post above. It's tough trying to relate NGC and PCGS values to a coin with a problem. It is also tough to relate them to what they are actually selling for at that time. They can be high or low.

I like the coin. It's going to look great in your Album.

 

Thanks for all the help, I really appreciate it. I'll probably put it in the album and leave it at that.
I was at the Northwest Coin show in Minneapolis last week and looked at the dollars there and this
price didn't seem out of line of what I could get there. I wish I would have offered less now, but
hey, it's only money .

 

If you are going to sell it, I would slab it. If not, keep it as is.

 

A guy at a show next to me did a good business selling problem coins slabbed and raw. He discribed the problem and was honest about it. The people who buy that stuff are looking for something inexpensive to fill that hole in their album.

 

If anyone would sell me that coin for $250 let me know. I have been looking for a seated to go in my 7070 and can't find anything with a clear liberty under 500. Understand rim prob but I would put that coin in my workin man's type set.