Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Seated 10C 1849 Seated 10C 1849
 EF45+
 PCGS
46128569 		F-102
 Gem SOLD
$1118 		Gem Original, Palos Verdes Collection.. While the “market grading” of the services uses condition as a proxy for value, coins such as this simply laugh at the whole proposition and proclaim themselves to be worth more than examples with substantially stronger technical grades. And, in today’s world, where eye appeal trumps all, they are right. The only mystery about this piece is how many multiples of the price guide it will attract. The cataloguer is reminded of a situation where a potential GFRC bidder expressed great disdain at the supposed value of exceptional toning. After much back and forth with Gerry, mostly to this cataloguer’s amusement, because he did not have to deal with the bidder, the bidder allowed that he might offer the PCGS guide value for a particular coin, which ending up selling at auction for five times as much. This coin may well reach a similar multiple, and a significant advance over the catalog value is assured in any case. F-102, with a high date and tilted 9, and die flashing around the bow knot. CAC notes 25 coins total and assigns a value of $172 in EF45 and $312 in AU50, numbers which can safely be disregarded when contemplating a bid for this spectacularly toned, original example. Housed in a PCGS Gen 6.1 (2020-2023) holder with CAC approval. December 1969