OK, you know the drill. This time another 1843 large cent What did PCGS grade this coin, or if they didn't grade it, why? I purchased the coin in 2007 from Doug Bird (an EAC dealer). The coin cost me $360. It was raw, but had been cracked out of a PCGS AU 58 holder. Doug graded it XF 45, AVG+. What will PCGS say?
Based upon the wording of your opening statement , I'll presume you attempted to resubmit the coin back to PCGS . My suspicion is that it is one of those coins previously encapsulated by a top tier TPG , that will no longer pass the " Sniffer " test and other recent grading standard changes. I have to agree with the XF45 details / cleaned .
I am on the AU58 bus here. Not a lot of wear at all, and scratches see to be minimal. Very nice coin.
You are correct in that it was at one time in PCGS AU 58 plastic. The dealer, Doug Bird, as do many EAC dealers, cracked the coin and kept it raw. I purchased it raw with the old PCGS label in the flip. Also, I neglected to mention it, but Doug's grade (XF 45) was based on EAC grading.
It will not even be put through the sniffer - unless he submitted it under the Secure Plus grading tier. As for the grade, I expect it will be put back in a 58 slab. Myself, I would say it has 50 details (too much wear in the fields to go any higher IMO) and no grade for being over dipped. I suspect your seller graded it 45 for the same reasons.
True enough for the most part . According to Don Willis , some coins " at random " will be selected and examined by the new " Sniffer " test , from standard submissions . That doesn't mean this one will or won't . The EAC presented is a pleasant looking example no doubt , and may very well be awarded that grade again. Anxious to hear to final outcome on this .
Something just does not look right about that coin, but I cannot put my finger on it. So I will just say AU-55.
PCGS graded the coin AU 55. That's right, it went down one grade from it's old 58 slab. Now, there a few things that worried me about this coin. First, there was an obvious layer of oil (presumably blue ribbon) on the coin. Second, the coin appeared to me to be recolored or otherwise boinked with. PCGS apparently didn't mind either issue, but I suspect that's why the coin got a 55 instead of a higher grade. It's a lustrous coin, much more lustrous than the photos suggest, and second it's a very clean coin with great surfaces which is not that common for 1843 large cents. Eight down, two to go....
Sorry about the downgrade . I also suspected the coin might had been re-colored . Still, it's not a bad looking example . Thanks for presenting the coin and the results.
