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Large Cent GTG - Grade Revealed in subsequent post.

ElKevvoElKevvo Posts: 4,064 ✭✭✭✭✭
edited February 16, 2023 7:45PM in U.S. Coin Forum

This 1853 was graded a while ago ATS. Not too big a fan of the discoloration by the ear but not too noticeable in hand. Any thoughts on the grade? Here is a hint to start...it is not red or red brown :)

K

ANA LM

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    dsessomdsessom Posts: 2,212 ✭✭✭✭✭

    My guess would be high AU. I am going to go with AU55. I love large cents, but they are still somewhat difficult for me to grade. Nice chocolate brown large cent with only a few minor distractions, and some weak denticles, but that's pretty common with early copper.

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    opportunityopportunity Posts: 1,008 ✭✭✭✭

    I would also agree mid AU. I'm wondering if it's an N-33, ahh late dates drive me nuts sometimes.

    Early American Copper, Bust and Seated.

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    CatbertCatbert Posts: 6,605 ✭✭✭✭✭

    AU53 is my guess.

    "Got a flaming heart, can't get my fill"
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    marcmoishmarcmoish Posts: 6,221 ✭✭✭✭✭

    53 if ATS, too much wear, really belongs in a 50.

    Hence the ear thingy doesn't detract much.

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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    AU50 by current standards. XF45 by the standards of 40 years ago.

    All glory is fleeting.
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    ElKevvoElKevvo Posts: 4,064 ✭✭✭✭✭

    It's an N-17.

    K

    ANA LM
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    RLSnapperRLSnapper Posts: 524 ✭✭✭✭✭

    AU53...@opportunity it is an N-33. The dash to the left of the base of the 1 is the key marker, Nice call.

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    dhikewhitneydhikewhitney Posts: 364 ✭✭✭

    AU58, nice

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    ElKevvoElKevvo Posts: 4,064 ✭✭✭✭✭

    I see the dash but don't have my attribution guide handy. It is noted on the slab as an N-17 but could be mis-attributed.

    K

    ANA LM
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    kirkminkkirkmink Posts: 172 ✭✭✭✭

    AU-55 IMO, maybe 58

    "Why waste time learning, when ignorance is instantaneous?"- Calvin and Hobbes

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    Walkerguy21DWalkerguy21D Posts: 11,150 ✭✭✭✭✭

    NGC grade AU 55, PCGS likely XF 45. The two services are miles apart on large cent grading. And yes I have data Lol!

    Successful BST transactions with 170 members. Recent: Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
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    opportunityopportunity Posts: 1,008 ✭✭✭✭

    The N-17 and N-33 share the same obverse. That's where we're getting mixed up. I might be able to tell for sure if I saw much better pics, but, if it's on the NGC holder I'd go with that. They're both common, so...

    Early American Copper, Bust and Seated.

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    raysrays Posts: 2,329 ✭✭✭✭✭

    AU53.

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    gumby1234gumby1234 Posts: 5,428 ✭✭✭✭✭

    45

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    BryceMBryceM Posts: 11,735 ✭✭✭✭✭

    My first thoughts were AU53, but my confidence level in my guess is pretty low.

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    Guessing AU55

    BST References] oilstates2003, GoldCoin98, COINS MAKE CENTS, SurfinxHI, mbogoman, detroitfan2,
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    RLSnapperRLSnapper Posts: 524 ✭✭✭✭✭

    I stand corrected....N-17 is right. I have my Grellman reference and the dash fits perfectly for N-17...the dash starts at the base of the 1 for N-33 and higher up for N-17. I have to get a magnifying glass to looks a Grellman's drawings to notice the difference. Some of the Late Dates are so hard to attribute. I go on Ebay and will look at high MS coins with no attribution to test my skills. I still have a long way to go!

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    ElKevvoElKevvo Posts: 4,064 ✭✭✭✭✭

    A number of experts who posted are probably closer to the more correct grade on this. I would give it a 58 due to some light wear that I see but ownership is worth a couple of points. This is one of the Reiver coins that NCG slabbed a number of years ago and the general consensus, from what I have read, is that the grades given were generous.

    Thanks for your input, I did learn a couple of things from the responses!

    K

    ANA LM
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    logger7logger7 Posts: 8,094 ✭✭✭✭✭

    The EAC folks are always conservative in grading these.

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    Walkerguy21DWalkerguy21D Posts: 11,150 ✭✭✭✭✭

    @logger7 said:
    The EAC folks are always conservative in grading these.

    We aren’t the only ones!

    Just got back from PCGS, VF 35

    Came back AU 58; don’t even get me started on my ‘39 head of 40 that was in an ngc 61 holder and now it’s PCGS 53.


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    lkeneficlkenefic Posts: 7,831 ✭✭✭✭✭

    Late to the game, but I'd have been in the AU50 camp. Perhaps the provenance??

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

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I thought AU55, so certainly low.... I have guessed high on copper so many times, I am trying to improve... Guess I have over corrected... :D Cheers, RickO

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    RLSnapperRLSnapper Posts: 524 ✭✭✭✭✭

    As I stated in another thread IMO NGC over graded many coins in the Reiver Collection. It almost seemed purposeful as any collector of copper could spot the wear on the coin with the naked eye. This coin was from the Reiver Collection ..NGC MS61 and crossed AU58. Draw your own conclusions.

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    logger7logger7 Posts: 8,094 ✭✭✭✭✭
    edited February 17, 2023 9:49AM

    Does cac often confer gold stickers on the undergraded PCGS large cents? That would be indicative of the ridiculously strict and undergrading we sometimes see with these. It begs the question that if a coin goes down full grade levels from one service to another that there is more than a minor difference of opinion and if they call a coin "VF35" that was previously an AU what are they really looking for in an AU?

    Large cents are a very tough area to do business in, hard to photograph, especially in the lower grades because the customers tend to be quite fussy and even when they find something that meets their discriminating business standards, they want it at prices that it is hard to more than break even.

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    RLSnapperRLSnapper Posts: 524 ✭✭✭✭✭

    @logger7 I have yet to see a single gold CAC large cent offered for sale or auction. I will guess some do exist. The $$$for one would be off the charts. NGC is notoriously loose grading Large Cents. I only look at CAC NGC for potential cross at the same grade. I recently passed on a beautiful NGC MS66 because the dealer wanted MS65+ money and I wasn't sure it would even cross at 65.
    Large Cent collectors can be very particular but if I find the right coin I will buy it at the asking price.

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    opportunityopportunity Posts: 1,008 ✭✭✭✭

    @logger7 said:
    The EAC folks are always conservative in grading these.

    I could point you to a dealer or two who would change your mind on that ;)

    NGC is almost always far more forgiving than PCGS on EAC coins, in my personal experience.

    Early American Copper, Bust and Seated.

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    ElKevvoElKevvo Posts: 4,064 ✭✭✭✭✭

    I used to be a EAC member back, well quite a few years ago, and always learned a lot. Had a great time at the convention when they had it in Dallas...I think I am going to join again, life stuff got in the way before and now I have more time! CCCC too. :)

    K

    ANA LM

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