1860 SOV grade opinion

Discussion in 'Sovereigns' started by bubblebobble2, Apr 12, 2021.

  1. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Pretty please to all experts in this field... My grade for this one would be AU55....o_O

    [​IMG]
     
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  2. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    No one can give you a definite answer to that question, only their opinion.
    I have purchased a few sovs over the years from coin dealerships in aUnc grade only to be told later on
    when reselling them to other dealers that they were only gEF or even lower grades.
    Also if a coin has excessive markings it can be graded lower than what the actual coin wear would dictate.
    Best advice I can give you get it slabbed by one of the Yankie grading companies and you have a chance of getting yourself a aU55 grade.
     
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  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    Dealers will always down grade any incoming coins... I was offered as VF+ on this one...ie. best he could do was $1000 max.. I just smirked with his offer....I did ask him to sell his ones on his offer price, on SYD Mint other years in his display unit, and of course he turned it down....
     
  4. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    I wish I was an expert on these.... I sent in a 1870 "sure" it would be MS but it came back AU58+ :confused:
    And I sent in a 1903P ready to accept AU58 and it came back MS62. :D
    (Wish they had done the reverse, tbh.. :rolleyes: )

    Anyway, if it's not details then it has a very good chance to AU55 imo :cool:
     
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  5. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    hmmmm... where is that SS mbr: lunar when I need a laugh..?
     
  6. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    You may be more of an expert than you realize @jultorsk, maybe the 1870 would have achieved your MS estimate with a different grader.

    It is a known fact the grading standards of these slabbing companies are all over the place and hard to define accurately, so submitting anything
    to them is a bit of a gamble.

    I know of people in the States who if not satisfied with the grade given, will resubmit the rare coin a number of times with different or even the same
    coin grading company till they get a numeric grade equal or as close to what they think the coin should be.


    So its definitely buyer beware when purchasing high grade and rare slabbed sovereigns, as what you think you are getting and what you
    end up with might not be the same thing.
     
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  7. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    i concur this issue with grading companies, different grader can result differently..one local dealer had to send same 4 times, from original AU58 and ended with MS60+... quite a price difference with rare coins... pleased at the end, but he said it was worth it due to the difference in pricing... but bugger for getting the coin off that slab
     
  8. lurking

    lurking Member

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    Agree its the dreaded AU55. If the fields weren't so bad than maybe 61 or 62. No brainer buy at $1000.
     
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  9. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Welcome, appreciate your thoughts
     
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  10. serial

    serial Well-Known Member Silver Stacker

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    It's hard to say from a picture, the problem that surface conditions are the differences between a Ms or au coin. Details are good for a Ms coin but it appears that there is bruising on the high points. Having said that the grading companies are more forgiving on old gold due to its soft nature. No matter what, this coin would be graded if I owned it
     
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  11. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Cheers bro, it is scarce.. worthwhile to invest on slab...I also think in that path..
     
  12. lurking

    lurking Member

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    It's definitely confined in AU grade

    I would grade mostly for authenticity even though strike and color look right to me.

    It's not impossibe it comes back 58 and you have a $2000 or $3000 coin in the current market. By the time PCGS take time jerking off it might be $5000.
     
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  13. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    Would be sweeter o come back as MS....:rolleyes:
     
  14. lurking

    lurking Member

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  15. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    still happy with AU55 or higher..;)
     
  16. projack

    projack Well-Known Member Silver Stacker

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  17. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    cheers mate.... hmmm... I thought 1859 is more than 1860 due to mintage.
     
  18. lurking

    lurking Member

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    those prices look to be a formula of pop censuses rather than realized sales.
     
  19. jultorsk

    jultorsk Well-Known Member Silver Stacker

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  20. lurking

    lurking Member

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