Showing posts with label grading cobs. Show all posts
Showing posts with label grading cobs. Show all posts

Friday, September 9, 2016

9/9/16 Report - Two Systems Hurricane Trackers Are Watching. Deep Sea Fishing Effects On Shipwrecks. Cobs With One Good and One Bad Side.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Two Atlantic Disturbances To Watch.

As you can see there are now two systems that we need to watch, both of which seem to be headed to the east of the Treasure Coast.

The second (red) has a higher chance of becoming a cyclone in the next couple of days.

Both of these could bring us some north/northeast winds.  There is no big increase in surf predicted yet.  In fact the predictions are showing mostly a two-foot surf for the next few days.

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You might think that deep sea wrecks rest undisturbed.  That is not usually the case.  Various types of fishing trawlers and things rake through wreck sites, scattering the remains and breaking artifacts.

Many pictures and examples are shown in an Odyssey Marine study.

One of Many Pictures Showing Effects of Deep Sea Fishing.
Here is the link.

http://www.shipwreck.net/pdf/OMEPapers4Final_000.pdf

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In recent weeks I've talked about cobs found as a cache that were in remarkable condition.  Many cobs found on a beach will be very much corroded and some will be so corroded that it is difficult or impossible to tell for sure what they are.

In the past I've found some cobs that were in very good or excellent condition on one side and very poor condition on the other side.

Below is a grading system used in one Odyssey Marine paper.

Grade One coins display little or no visible ocean wear, show little or no roughness or pitting, and, therefore, look much as they did when new. Both sides are in Very Good to Excellent condition and the obverse and reverse features resulting from the original strike are defined and easily identifiable.

Grade Two coins were partly exposed to the elements. The coin may not be completely intact or it may look more ‘sand-blasted’ than a Grade One, but the quality is still Good and most of the features resulting from the original strike are easily identifiable.

Grade Three coins are in Fair overall condition, but ocean wear is very apparent. Many Grade Three coins were typically located on the outer layer of a shipping chest and, therefore, the side of the coin that faced into the chest will be of Grade One or Grade Two quality. The opposite side, exposed to the elements following the wooden chest’s deterioration, is completely worn away. Other Grade Three coins might incorporate ocean wear distributed across both sides of the coin. On Grade Three coins, obverse and/or reverse sides will still offer easily identifiable characteristics that have definition.

Grade Four coins are still identifiable as Spanish Colonial coins, but they have been subject to much wear and tear and the markings are faint and have little or no definition.

Grade Five coins are just above a fragment in quality, but can still be identified as a coin taking into consideration factors such as shape and provenience. • A Fragment is a piece of silver recovered among concentrations of coins, but with no markings to identify it as a coin.


Here is the link for that source.

http://www.shipwreck.net/pdf/OMEPapers30-2013_001.pdf

They talk about one way that cobs end up being good on one side and poor on another side. They are referring to cobs that were salvaged from the sea and probably never spent any time on a beach.

One cob I'm reminded of was found on a beach and appeared to have been just washed out of the dunes.  It had a sand and shell crust covering one side.  That side was not visible at all because of the crust when it was dug.  The other side was not covered and displayed fairly good detail.

When the sand/shell crust was removed, that side then showed remarkable detail - much better than the exposed side.  The crust protected that surface of the cob, while the other side was worn down by washing around on the beach.

I'm not certain why one side was covered with a crust while the other side wasn't.  I do believe that that cob spent many years in the dunes.

How a cob corrodes can depend upon what it is next to.or touches.  I once did a couple of posts on surface analysis of cobs and talked about galvanic corrosion.

You can go to the following post to read about that.

http://treasurebeachesreport.blogspot.com/search?q=surface+analysis

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Happy hunting,
TreasureGuide@comcast.net

Monday, June 6, 2016

6/6/16 Report - Tropical Storm Colin. A Cob Grading System. Cooper Case Closed. Silver Suffragette Pin.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Projected Path of Tropical Storm Colin.
Source: nhc.noaa.gov
Tropical Storm Colin will pass over North Florida today and tomorrow.

On the Treasure Coast we'll get some wind and waves, but the surf will be small because the wind will be from the south and west.

We'll have some nice big tides, including some good low tides.

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Recently I published some posts that looked at cobs sold in public auctions and discussed some of the factors that help determine prices.

Some cobs have been graded by companies such as NGC but most have not.  There are different grading systems.  I thought the grading system used by the Bowers and Ruddy auction gallery was useful.  Here it is.

Grade A:  Highest quality mint product with outstanding characteristics.  Especially well struck and well centered, with complete shield and including date or other exceptional details; on a pleasing planchet without defects.

Grade B: Sharply struck and distinctly detailed showing nearly complete shield and partial legends, mintmarks and dates.  Planchet mildly misshapen, and design suffers minor effects of filing.

Grade C: Average strike, legible but not distinct, usually combined with major loss of design due to excessive filing or off-center or uneven strike.  Planchet commonly shows edge cracks or breaks or serious irregularities.

Grade D: Identifiable but mostly indistinct due to weakness of  strike, extensive filing or multiple striking.


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If you aren't old enough to remember when a fellow parachuted out of an airliner with $200,000 in cash, you probably remember reading about it.  After 45 years, the FBI is ready to close the case.  

Thanks to Dean for providing the following link.

http://www.dailymail.co.uk/news/article-2070038/DB-Cooper-case-solved-FBI-tells-niece-skyjacking-suspect-matching-fingerprint.html

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From Kovels Komments:

This sterling silver pin awarded by the National Women’s Party “For Service In The Cause Of The Freedom Of Women” recently sold for $6,425, more than three times the high estimate. About 150 to 200 pins were given to the women who were the “Silent Sentinels” picketing the White House in 1917. Only five of the pins are known to exist today...
 
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Happy hunting,
TreasureGuide@comcast.net