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Posts posted by Just Bob
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On 3/19/2022 at 12:30 PM, J P Mashoke said:I was at a shop down south last summer and I was looking at some Morgan's. Nothing in the shop was in slabs everything was as is or in 2X2. I looked on one shelf and he had some CC's I said wow you don't see a lot of those sitting on the shelf's nowadays. He was a cool guy and we had a lot in common he took me over to his safe that was a 4 foot tall tank opened it up and he had tubes upon tubes of CC's and other collectable coins. He grabbed some tubes opened them up and slid them CC's out like they were a can of Pringle potato chips. Real nice stuff toned and MS. He winked at me and said he was going to be closing shop soon and retire. Coin collectors are few and far between nowadays with internet availability, but he would never go hungry.
I have a feeling that this scenario could be played out in many locations throughout this country. I really believe that there are a lot more coins in the raw than most people realize. And I don't just mean common Morgans or Walking Liberties. The idea that all of the good coins have already been slabbed is way off base, in my opinion.
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What does the edge of your coin look like?
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On 3/17/2022 at 12:20 PM, Botch said:
Not sure if that is what your looking for? So what I took from yalls replies is that the 24k gold was added after mint and is therefore just sloppy work and not a mistake?
That is correct.
And I imagine TJ was looking to see if those lines that he pointed to were die gouges. There is a variety known as the "speared eagle" that looks like it has an arrow or spear shot through it. It's due to a line in the die, I believe.
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Take a look at Seated halves on Heritage Auction's website, and you will see that most coins with that much color have some variation of a toning pattern that consists of blue around the periphery, fading to rose in the center. It isn't impossible to find one with a toning pattern similar to yours, but it does not seem too common. It might just mean that yours has progressed further. However, PCGS may feel that the coin was stripped and re-toned. Or, they may have seen something that does not show in the pictures.
To answer your questions:
1) I would not send it to NCS, if it were my coin. There is no contamination to be removed, and the toning has not reached the terminal state, in my opinion. I would be afraid that removing the toning would lower the value at best, and possibly uncover some hairlines or other problem at worst.
2) If NGC sees a problem, they will also give it a "Details" grade.
3) In its current holder, it is probably a $900 coin, give or take. With a clear grade, it could jump to $1500 or better.
I just saw RWB's answer. He makes a good point about the lack of luster in the photos. If it looks dull in hand, you may be better off not spending more money on it.
Edit: Oops, sorry - forgot my manners. Welcome to the forum.
- JT2, Twin Lakes Coins and Alex in PA.
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In 1909, William Jesse Grant went to work at the J.P. Kennedy drugstore, in Biloxi, MS. The following year he purchased the business, renaming it Grant's Drugs. He continued to run the store until his death in 1936, at which time his son, William Jr. took over. He incorporated the store in 1940, but closed it 4 years later.
- Woods020, Fenntucky Mike, ldhair and 2 others
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On 3/14/2022 at 1:04 PM, Ron_48 said:
So sending it to another place to tell me that just as a cursory look its plated doesnt seem to provide any value. I will go look at what it cost to have done, but I'm sure they will not do the work to research it.
What research would they need to do, in your opinion? Where would they need to look?
I checked the Annual Reports of the Director of the Mint for 1973 and 1974. There is no record of any coins minted in the US for foreign countries that would be ferromagnetic, so the idea that your coin might have been struck on a foreign planchet is most unlikely. The weight is not right for a steel cent, which rules out a planchet left over from 1943. We know it isn't aluminum, either. The experts at NGC probably already know all of the above information, so I am not sure what more they could hope to discover.
If you sent your coin to NGC, they very likely would test the weight, analyze the metal content, and check to see if it was attracted to a magnet. PCGS probably did the same. Weighing it would show it to match the weight of a normal cent. Shooting it with an XRF gun would show the presence of a ferromagnetic metal, probably nickel. The magnet test would confirm this. All of this would lead to the most obvious conclusion.
If you can come up with an explanation other than plating, I would love to hear it.
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I am behind the times, I guess. I prefer my index in the back of the book.
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On 3/13/2022 at 11:41 AM, Greenstang said:
More Spam.
Reported
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Even though you didn't say this was a "guess the grade," I'm going to toss my opinion out there. I think the nickel will come back as a 66, maybe a 67, no cameo.
- Joseph Franklin, Woods020 and Coinbuf
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On 3/9/2022 at 4:04 PM, Conder101 said:
NGC slabbed a fake/fantasy California fractional?
Yep. It's on their list of tokens they grade:
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On 3/9/2022 at 11:38 AM, LINCOLNMAN said:
Good advice, thanks Roger. Amazon is sending me Shilkie and Solomon today (small miracle and thanks again Bob). Should give me lots of clues if sources are documented.
I haven't shopped for a copy lately, but I have to admit that I am surprised you found one that easily. Copies of that book have been scarce in the past. I was actually going to reply and wish you good luck in your hunt. Congrats on scoring one so quickly.
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Welcome to the forum, and back to the world of collecting.
Cleaning coins was considered an acceptable practice years ago, and today's collectors are still paying the price. If you were collecting in the 80s, you were around when cleaning was not considered to be hugely taboo the way it is now. Lightly cleaned coins were usually net graded, if the cleaning was even taken into consideration at all. Even respectable sellers, like Bowers and Merena or Heritage, sold moderately cleaned coins without any mention of it. It wasn't until the late 80s and 90s, when PCGS and NGC graded coins really took off in the marketplace, that cleaned coins started to be looked at as serious problem coins. They used to send them back to the submitter in a "body bag" with no grade, but now they are given a letter grade according to the wear they show, with a description of the problem, just as yours was.
There is definitely still a market for problem coins, especially the ones with only slightly detectible issues. I would expect your coin to bring VF to AU money, depending on the level of damage.
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Schilke and Soloman's America's Foreign Coins" lists 319 different gold coins from 7 countries that possessed legal tender status in the US from 1793-1857. Most are multiple listings of the same coins, but with different designs and/or dates. It appears your list contains most, if not all of the different types. These, of course, could be subdivided further into different denominations and designs.
Great idea for a set, by the way.
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Here is a link to one of the grading sites on the web that uses pictures to which you can compare your coin. The pictures on this site don't enlarge, but you should be able to compare yours and come up with a very close grade. Hint: it will not be MS64.
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On 3/6/2022 at 10:50 AM, Keith Dee said:
Apparently it was left behind from making the die they didn’t grind it down.
Your responses - the above statement in particular - lead me to believe that a study into how dies are made would benefit you greatly. And that was what Woods was saying, also. He did not mean that if you did not know the reason something happened that you should ignore it. He meant that if, after learning how the process actually worked, you determined that it could not have happened during the minting process, it could be (most of the time) dismissed as post-minting damage.
Mr Burdette responded as I was typing this post, and, as usual, he explained things well. Let me just add a link to a long but detailed article that I think will be of help to you. I suggest spending some time reading this and other articles on this subject.
Edited to add: Also, if you could post a link to the Washington quarter with the circle that resembles an earring, I would like to take a look at it.
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I have responded to several different threads recently, both on my phone and on my laptop, and, when I hit the "submit" button, my posts disappear. Has anyone else had this happen?
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On 3/3/2022 at 8:49 AM, tj96 said:
Sorry to say, it's the opposite of fascinating.
Not true! Those markings are actually symbols from an ancient alien civilization. If I read them correctly, they are plans for an invasion. They intend to take over a small hardware store in upstate New jersey.
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On 3/2/2022 at 1:39 PM, JKK said:
What induces you to call it a penny? Looks to me like a denarius (of doubtful authenticity).
That's what Tyndale, Coverdale, King James, and a few other old English translations of the Bible called it. Most other translations called it a denarius. It is believed to be the coin shown to Jesus when he told the Pharisees to "Render unto Caesar what is Caesar's, and unto God what is God's."
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There are, however, at least three two-tailed coins - two Washington quarters, and a Roosevelt dime, and one two-headed Jefferson nickel known. These are not true errors, though. These are fakes that were produced on the "midnight shift" for sale to collectors. It amazes me that four suckers paid multiple thousands of dollars for these illegal creations. The guys who created them, the dealers who sold them, the TPG that certified them, and the auction houses that facilitated the sales were all laughing on their way to the bank.
How to tell if you have "burnished" silver eagles?
in Newbie Coin Collecting Questions
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I Don't Know