Higher grade uncirculated 1962 P VP001 Black Beauty

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kcm
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Higher grade uncirculated 1962 P VP001 Black Beauty

#1 Unread post by kcm »

A PLEA FOR SOME ADVICE

New here; please indulge. This old man has time now to explore the large coin /currency trove he purchased and stored away nearly half a century past. My love for its former owner is now vested in the contents of my -- long since deceased -- friend’s lifetime of coin collecting.

ANACS, I read, recognizes the existence of “Black Beauty” Philadelphia Jefferson nickels. NGC, I read, does not recognize that attribution. After researching the evolution limited scarcity of the variety, I find that fact to be a sad and sorry appendage to the hobby. I've a coin I'd like some advice on. The NGC attribution that captures my interest is VP001. This relic, I suspect, is a higher grade uncirculated 1962 P VP001 Black Beauty.

I joined PCGS in 2017; I need to join NGC. Vouchers and credits are, or soon will be, at hand. I'm averse to wasting time or money -- mine or anyone else's. I don’t mind paying ANACS’s fees if wisdom dictates. I have generated some very nice slabs from PCGS, NGC, and even the misbegotten PCGS-C. I know the drills.

Solely for discussion purposes here, please assume I have spent many (intense pleasurable) hours studying on the internet – many with Daniel’s offerings. Please further assume that this particular coin has been properly researched and here described for my kindly reader to a layman’s standard.

I’ll not paste a pic yet for fear of public embarrassment – maybe after it’s professionally assessed. But…, here’s my issue du moment: should it be graded? Can it be graded? Money aside, if I'm on track, I want this relic fully described and attributed in a slab safe for future circulation. It will need to be sold, of course, in the coming decade given the age of its current owner. Mercenary advice is also welcome and solicited for my future use.

Thank you!
Kevin

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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#2 Unread post by Daniel »

We can't answer these questions. You will have to send or take it to someone to assess your coin in hand.

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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#3 Unread post by kcm »

Perfect answer. Couldn't have done better myself. Please advise how to get the thing into your hands.

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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#4 Unread post by Paul »

No doubt that you have done your research here......

For those unfamiliar with this type of mint error, these are what's called a
"Sintered Planchet", A.K.A. = "Improperly Annealed"

These are very tricky attribution...
Very high power, close-up magnification is needed to inspect the coins surface properly

Here are 2 images of a raw 1959 "Black Beauty" Jefferson Nickel I own
Attachments
1959 JN SINTERED21 - Copy.jpg
1959 JN SINTERED36 - Copy.jpg
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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#5 Unread post by kcm »

Thank you, Paul for your indulgence. Rather than to let it die here, I'll risk looking fool
Same date and condition. Obverse
Same date and condition. Obverse
ish:
Reverse
Reverse
Rims--NOT a surface color phenomenon.
Rims--NOT a surface color phenomenon.
VP001 evidence shot-1
VP001 evidence shot-1
VP001 evidence shot-2
VP001 evidence shot-2
VP001 evidence shot-3
VP001 evidence shot-3

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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#6 Unread post by Paul »

Thanks for the pictures....

I would really need to see this in hand to verify the DDR.....
...... it's possible that this is a very heavy toned coin..... & may show signs of mechanical doubling :dunno
I can't get a good enough view in the images you posted, sorry
Of course, as you know, giving a final attribution from an Internet image...... is not the proper thing to do....

If you would like to have me check it out for you, contact me through the private message service here..... In the upper right-hand corner
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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#7 Unread post by kcm »

I tried to contact you through the channel you directed in your last pos,. but I have no means to measure my success or failure -- failure, I strongly suspect. Please advise on this channel which has (reluctantly) submitted to my pseudo-mastery and works to communicate. I'll master this site's software but 72 hours have prove insufficient. I WANT this coin to pass under your eye.

Kevin

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Re: Higher grade uncirculated 1962 P VP001 Black Beauty

#8 Unread post by kcm »

For any interested, Paul’s expert judgment says that the coin is a Black Beauty (i.e. has a sintered planchet). He further advises that the doubling of the details is a result of die deterioration – alas, not a doubled die VP001. I’ll study the phenomenon when I get my coin back and perhaps learn a thing or three for future application.

Kevin

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