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<p>[QUOTE="Mark Feld, post: 650359, member: 11467"]People will often pay extra for coins in old slabs because some of them are under-graded by today's standards, and even those that are not, are often viewed through rose-colored glasses. Also, the buyer of a coin in an old slab knows the coin hasn't hasn't been messed with in the recent past.</p><p><br /></p><p> It's hard to imagine that coin grading on AU50, so I am guessing that (while it looks great in the limited view the images present) it might have been cleaned and was down-graded for that. It should be worth $8750 at a bare minimum, unless the coin looks far worse in hand than in the images.</p><p><br /></p><p>Edited to add: The first 5 numbers (08083) represent the PCGS coin number in their system for an 1802/1 $5. The .50 after that is for the grade (AU)50. The number that starts with 724 is the unique PCGS ID number for the grading of that particular coin. That number will always be a unique number, as opposed to the 08083, which will be included for every 1802/1 that is graded.[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 650359, member: 11467"]People will often pay extra for coins in old slabs because some of them are under-graded by today's standards, and even those that are not, are often viewed through rose-colored glasses. Also, the buyer of a coin in an old slab knows the coin hasn't hasn't been messed with in the recent past. It's hard to imagine that coin grading on AU50, so I am guessing that (while it looks great in the limited view the images present) it might have been cleaned and was down-graded for that. It should be worth $8750 at a bare minimum, unless the coin looks far worse in hand than in the images. Edited to add: The first 5 numbers (08083) represent the PCGS coin number in their system for an 1802/1 $5. The .50 after that is for the grade (AU)50. The number that starts with 724 is the unique PCGS ID number for the grading of that particular coin. That number will always be a unique number, as opposed to the 08083, which will be included for every 1802/1 that is graded.[/QUOTE]
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What do you think of this beauty? (1802 gold)
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