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CollectorcoinsCollectorcoins Posts: 3,198 ✭✭✭
edited July 21, 2020 7:47AM in U.S. Coin Forum

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  • MFeldMFeld Posts: 13,635 ✭✭✭✭✭

    The coin looks approximately XF45 to me. In the pictures with more light, the surfaces look cleaned, but in the darker pictures, they don’t. So I can’t tell what role the lighting is actually playing.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    edited July 19, 2020 5:55AM

    The value of this coin to most buyers will depend on whether it is in a top-tier slab with a straight grade. Look at the cheek carefully--there is a slightly darker square that looks to me like the coin was worked on at one point.

    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • MFeldMFeld Posts: 13,635 ✭✭✭✭✭

    If you’re interested in the coin, the fairest thing to do for you and the other party is to get it professionally graded. Then, determine a price.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • jclovescoinsjclovescoins Posts: 1,914 ✭✭✭✭✭

    Looks like quite a few scratches at 10 o’clock on the reverse as well. XF but possibly XF details. Definitely get it graded because the difference in price between XF45 and XF details would be pretty high

  • 291fifth291fifth Posts: 24,374 ✭✭✭✭✭

    I'm sure there are many, many collectors who would love to own that coin just as it is. It would be a great album coin. Do you really want to play the slab game with a coin like that? It may be a "details" coin but it is a very nice one.

    All glory is fleeting.
  • MFeldMFeld Posts: 13,635 ✭✭✭✭✭

    @291fifth said:
    I'm sure there are many, many collectors who would love to own that coin just as it is. It would be a great album coin. Do you really want to play the slab game with a coin like that? It may be a "details" coin but it is a very nice one.

    And what if it isn’t just a “details” coin? What price do you think would be fair to both buyer and seller?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • jesbrokenjesbroken Posts: 10,020 ✭✭✭✭✭

    I would worry slightly in regards to the pvc in Liberty's ear and possibly starting on the ONE CENT lettering. I may be wrong but looks like coins I have seen in the past that developed pvc. Still a beautiful circulated specimen. JMO
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • 291fifth291fifth Posts: 24,374 ✭✭✭✭✭

    @MFeld said:

    @291fifth said:
    I'm sure there are many, many collectors who would love to own that coin just as it is. It would be a great album coin. Do you really want to play the slab game with a coin like that? It may be a "details" coin but it is a very nice one.

    And what if it isn’t just a “details” coin? What price do you think would be fair to both buyer and seller?

    I have no "feel" for pricing in the large cent market. I sold my large cents 16 years ago and haven't followed pricing since. The owner just needs to do some pricing research on that date and variety and decide on what he feels is a fair price. Many large cent collectors do not care about slabs. They make their own decisions based on their own opinion and not that of a third party.

    All glory is fleeting.
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭

    I agree that a slab won't matter as much to large cent collectors and specialty dealers. However, a slab with a straight grade may reduce the amount of haggling needed to get a deal done.

    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • MFeldMFeld Posts: 13,635 ✭✭✭✭✭

    @Sonorandesertrat said:
    I agree that a slab won't matter as much to large cent collectors and specialty dealers. However, a slab with a straight grade may reduce the amount of haggling needed to get a deal done.

    I agree and the OP did start this thread, asking about thoughts as to value. In the case of this coin, the difference in value between a straight grade and details grade could easily be several hundred dollars. Why should either party take an unnecessary chance like that?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    From what I see ... I like it.

  • coinbufcoinbuf Posts: 11,372 ✭✭✭✭✭

    Its a fantastic coin, those scratches where you mentioned and also up along the rim at 10 o'clock might very well result in a details grade. I really don't think it will grade but the TPG's are a bit forgiving at times with coins like this so somewhat of a dice roll.

    It will be a wonderful addition to somebodies collection.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    Nice coin overall, agree would be great for an album. The "put away xx years" bit doesn't matter, heresay doesn't convey with purchase.

    EF detail and attractive color! The verdigris in the ear, the lower curls and possibly elsewhere would net it down a few points. The scratches likewise, they look intentional (unlike the numerous marks which look from circulation and are for the most part grade- appropriate) and those scratches might be called graffiti or tooling by some.. then there's the square on the cheek.

    I doubt any of these issues "go away" when tilting under good light with magnification and experienced eyes... very decent net VF imo.

    Liberty: Parent of Science & Industry

  • AotearoaAotearoa Posts: 1,494 ✭✭✭✭✭

    I very much doubt that the scratches would prompt a details conclusion. Old copper is generally given a lot of leeway when it comes to marks of that nature. The possible old cleaning, on the other hand, could prevent a straight grade. There seems to be little consistency with how historical cleanings are addressed. The green ear would be my biggest concern but, all in all, I agree with Mark: get it graded and then settle in a fair price. I like the coin!

    Smitten with DBLCs.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    She caught a bug in her ear! If you are the right submitter it will straight grade...if not details grade. I have a few good tales about this I will not repeat again.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Nice old cent... XF condition... Need to address the verdigris (or possible PVC) right away. In the general market, a slab would help.... specialty market not much of an issue. If you submit it, let us know the results. Cheers, RickO

  • lkeneficlkenefic Posts: 8,160 ✭✭✭✭✭

    Tough to tell the color with the lighting... I'm seeing medium brown to reddish brown to darker brown. The details are superb... I'd look closely at the green spots if I was a prospective buyer. It could be verdigris and conserved, or it could be PVC with corrosion underneath. This was the first thing that stood out to me. Next was the change in color tone on the obverse field and on Ms. Liberty's neck. Again, could just be a lighting issue but could be evidence that the coin was recolored at some point. The marks near 1/100 on the reverse were less important to me.

    Overall in the general marketplace, having it slabbed with a straight grade would definitely make it more appealing to the average buyer. EAC people won't care.

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • winestevenwinesteven Posts: 4,554 ✭✭✭✭✭
    edited July 20, 2020 5:33PM

    @lkenefic said:
    Overall in the general marketplace, having it slabbed with a straight grade would definitely make it more appealing to the average buyer. EAC people won't care.

    And if it does get submitted and straight graded, presumably around XF40 or XF45, what happens if it then gets submitted to CAC and succeeds in getting stickered? (uh oh 😆).

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @winesteven said:

    @lkenefic said:
    Overall in the general marketplace, having it slabbed with a straight grade would definitely make it more appealing to the average buyer. EAC people won't care.

    And if it does get submitted and straight graded, presumably around XF40 or XF45, what happens if it then gets submitted to CAC and succeeds in getting stickered? (uh oh 😆).

    I am guessing EACers still won't care.

  • AotearoaAotearoa Posts: 1,494 ✭✭✭✭✭

    I'm an "EACer" and, while my collection of Draped Bust Large Cents has been assembled for my own pleasure and satisfaction, I'm also sadly aware that I'm unlikely to live forever and that at some point my collection will probably be liquidated. With that in mind, I do value the value of having my coins certified and appreciate the additional value a straight grade brings. I have yet to work myself up to caring about green beans.

    Smitten with DBLCs.

  • bearcavebearcave Posts: 3,996 ✭✭✭✭✭

    A beautiful coin!! :D

    Ken
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭

    Viewing is closed on this lot.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Ok

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    LOL!

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