I see spotting on the obverse and reverse.. now....Even though PCGS slabed this coin..wouldn't it still be worthless (I'm assuming that the spots somehow got on there after being slabed)? Either way, $65 is too high for a 1835 PCGS G-06 IMHO. stainless
spotting is more or less acceptable on coins in such worn condition. I expect that the spots were there when it was holdered and that it would likely be reholdered if it was broken out and then sent back to them. As for the price, you may be right, I don't know on those in that grade.
Spotting would not make it a problem coin as long as it was not corrosion. The pictures of that coins color makes me wonder - and it looks like a scratch across liberty. And yes I think it is too expensive.
rebook has them at $35 in G-04 and $45 in VG He said his was one of four graded this low..which is why I am assuming the overpriceness...I'm not paying $65, thats for sure.... stainless
It has a greysheet of $39 in G and $50 in VG, so $45 plus the $20 slabbing fee works out to $65. More than I would pay, but its his coin he can price it at whatever he wants. As for the grading rarity, he is right, it is the worst coin PCGS has certified, along with 2 they have called VG8
Well said! I've seen this before, heard a guy at a coin show today talking about how NGC had only slabbed a handful of some Morgan in VF25. No kidding, because over 75% of the existing ones came out of the treasury in the 60s and 70s and almost nobody slabs worn coins. I've seen G and VG common date SLQs on eBay in NGC and PCGS holders, it defies logic
Even though it might not be a "problem" coin, I think the coin itself is ugly (except for the look of the design on the reverse.) Phoenix
