1793 Wreath Cent - Straight Grade Worthy?
Walkerguy21D
Posts: 11,549 ✭✭✭✭✭
Planning on submitting this at PCGC on Thursday.
Yes, it has "issues", it's not a Morgan or a walker.
I believe they are a little forgiving on early copper; I've seen worse (IMO) in straight grade holders - and perhaps a few nicer in Details holders.
What does the Forum think?
Regardless it's a bit too valuable to be a 'nice album coin' at this stage, and many hardcore EAC guys
have been switching to certification the past few years.
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Comments
No. It looks (too) cleaned and scratched, as well as possibly environmentally damaged.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I wouldn't want to see that coin in a problem free holder. Multiple issues IMHO.
I'd submit it just to get it in a Genuine holder in case you want to sell it at some point. If it somehow straight grades, it's just your lucky day.
Too porous for a straight grade but it's still worth getting slabbed for authenticity and a details grade. Let us know what you decide and, if you get it slabbed, let us know how they grade it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Ok, I’ll keep you posted.
Thanks all.
Have hoped to find one of those metal detecting for years now... No luck. Even in that condition, I would have it slabbed for authenticity. Cheers, RickO
Great coin !
I've never owned one.......
Good luck.
I'd love to own it
BHNC #203
Don't think that it will straight grade.
Regardless of whether it straight grades or not, get it certified for the long term benefit. I like it regardless of details, as I will never have one.
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
I admit to being unfamiliar with this design but the hair looks tooled to me, specifically up toward the top to the left of Liberty's eyes.
Details holder or not, it is a really cool coin with a nice readable date that I think any large cent collector would treasure.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
This one was definitely tooled on the obverse, but I may submit it also, just to get it in a holder. At least the reverse is decent lol!
This one is my vine&bars edge example. The previous one is the lettered edge example.
A tooled coin will not straight grade. That said, the TPGs are FAR more forgiving on Draped Bust and earlier coinage than on everything else.
"Seu cabra da peste,
"Sou Mangueira......."
Yes, the second one definitely wouldn’t straight grade anywhere. Submitting it would only be to get the Genuine designation, since that seems to be an important consideration with these early coins.
No way, but still like the early copper!
Just FYI - here are three wreath cents in straight grade holders.
Sorry the first one pasted very small for some reason
It's too bad that you won't be able to see the edge on the 'vine & bars' when it's slabbed......
The leaves above the date don't look right on the coin of the OP. Hair has been tooled also.
The newer prong type slabs should allow a partial view of the edge. It wouldn't hurt to take a pic of the edge before you submit it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The hair on the second coin posted is definitely tooled.
Not sure what you mean about the leaves…..this is a key diagnostic of the die variety, and they vary substantially in appearance. The first coin posted is the S11c variety:
The second coin I posted is the S10:
Thanks Jim. This is the dilemma I faced for many years, which is why I stuck with collecting middle dates. You could get many of them in problem free Xf or better for a reasonable price.
But I caught the bug and started collecting the earlier ones. That’s a whole other game.
The ‘93 wreath cent with lettered edge shows a whopping 150 total certified in all grades from Good up to AU. That’s not many, and they aren’t available often. And I compared many examples for appearance vs price before selecting these. Us copper collectors on a budget need to compromise. But it’s cool to own something legitimately scarce from the infancy of the mint.
I would have been proud to have owned this coin. Right or wrong, I place it alongside the 1796 Dimes with collectibility for me(which I will never be able to own either) lol. Our coinage was so beautiful then with only flare ups of beauty over the next 100 years and then to what we have from the mid 20th century on. So sad. But, my friend, you have one and I would stand proud with it. Say hello to your wife. Best of luck in 22.
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