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Why Was This Wreath Cent Downgraded?

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  • FloridafacelifterFloridafacelifter Posts: 1,298 ✭✭✭✭✭


    So I checked all the cert #’s and all are invalid except for the MS69BN in the center.

    Last sold for $481,750 by Stacks in 2013
    With an impressive provenance:

    Provenance: Ex: Virgil M. Brand-Burdette G. Johnson (St. Louis Stamp & Coin Co.), 1941; Ernest Henderson, 1958; Dorothy Paschal, 1959; Dr. William H. Sheldon, April 19, 1972; R.E. "Ted" Naftzger, Jr., February 23, 1992; Eric Streiner; Jay Parrino (The Mint); Superior's ANA National Money Show Auction of March 2000, lot 67; Superior's ANA National Money Show Auction of March 2001, lot 12; private collector; Steve Contursi; Cardinal Collection Educational Foundation; and our sale of the Cardinal Collection, January 2013, lot 13002. The plate coin for the S-9 variety in the 1991 Noyes reference on large cent, 1793-1814.
    Combined PCGS and NGC Population: just 1; 0 finer. In fact, this coin is the only large cent ever to have received a Mint State-69 grade from the major certification services.



  • raysrays Posts: 2,421 ✭✭✭✭✭
    edited November 28, 2021 9:25PM

    Jay Parrino moved into collectible comics.

    IMO, it makes no difference whether the finest known S-8 wreath cent is in a PCGS holder, an NGC holder or what grade they assign. It is what it is and there are none finer so it doesn't matter what PCGS opines.

    The EAC grade assigned by Bill Noyes and Del Bland carry much more weight:
    MS63, choice. CC#1.

  • savoyspecialsavoyspecial Posts: 7,296 ✭✭✭✭

    "....and there is no way a large cent will EVER be_ [EAC]_ graded MS69, especially the first year"

    fixed it for ya @hummingbird_coins

    www.brunkauctions.com

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