I bid full MS64BN for this 1856 Upright Large Cent in a PCGS 64RB holder and won. How did I do?
RLSnapper
Posts: 580 ✭✭✭✭✭
This particular slot in my set has had me looking for 2 years for the right coin. I know the coin is no longer RB...it barely was in 2009 when auctioned as part of the Naftzger collection. Yes she has obverse fingerprints...and a carbon spot by star 4. But it is in the original holder and her glamour shot is pretty nice. Also an R4 variety and Condition Census #8. I bid $575 at 10 seconds left and won the coin at $537. I think that was a fair price and am very happy. It was not a bargain...I know...but how do you think I did?
3
Comments
Nice coin, I'm not a copper expert by any means. Looks like you paid at top end based on latest auction results for this coin. This one is a lesson for those here that say it's Ok to handle coins other than by the edges.
If you're happy with the coin and it fits your needs you did fine. Enjoy!
Mark
“On paper”, you did well, as R&Bs bring a decent premium.
The thumbprint is a little bothersome, but you scored a better variety and got the Naftzger pedigree.
Of course the coin is not RB any longer despite what the label may say... not a copper expert what type of premium does the N-8 bring to the purchaser?
Mark
A. The coin looks RB to me.
B. The fingerprints would be a dealbreaker for me personally but if you can live with them, great,
C. For me first and foremost it's about the coin. Not the name on the holder.
jmho
RIP Mom- 1932-2012
TV looks RB but based on the second picture and OP's comment this one may have darkened over time due to "fried chicken grease fingers".
Mark
+1 Good assessment.
Without the print and speck(s) it is lustrous and mark-free: More like a GEM would look like.
There is a big spread between an MS64 and MS65 and thus, taking into account the distractions noted by
the OP, the price VS quality is more than fair.
peacockcoins
As already noted by @mark_dak "TV looks RB but based on the second picture and OP's comment this one may have darkened over time..."
See pictures from its recent sale:
https://www.ebay.com/itm/266364718765?hash=item3e04930ead:g:62MAAOSwzwtk0uq2&amdata=enc:AQAIAAAAwHiWmGhcPsNhJruKM0OxWs0inxayXIOFFxfI/rXF36nSRXs+ZOuaCgAa3qJCbsobvsUoR82x54ikkFpLFc7atl21xvz0gMS+ZXycW84mwcyPrRP4tB0Jt8T1aZaQFwtlP/OVS0x47O8aOp4vPsjPDtkTldhQeAiOE2Gx5b6NsumlvoBBO5Q8R9oPfryoE5ph4LrWiTQTCdBEkB6mQR8Yxb3sgBCUYLJr6X6PhsRIV/7qc5ipiru6gegd9u2ZmJO/Lg==|tkp:Bk9SR7yJzc2-Yg&nma=true&si=ha25XJ8P6m98pQX7MbJRTN3mXYo%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
There's no guarantee on that coin, so PCGS would not reholder it at that grade if submitted as such; NGC has a similar limited guarantee.
The coin/holder/pedigree has some positives, the fingerprints would be a hard pass for me at that price. But if it meets your needs and requirements that is what matters.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Personal opinion? I like the coin as shown in the TV as far as color goes, but the fingerprint is all I can see. Admittedly I don't know the nuances of the variety (nor am I a variety collector) so the potential level of rarity doesn't factor into my decision. The negative eye appeal of the fingerprint is such that it's the type of coin where I'd only buy it (and consider it a good deal) if it were to resell for a profit. I don't think there's a fair price at which the coin could be offered where I'd put it in my collection, but I speak as a type collector. That said, I just bought a note (at a strong premium) with a notable distraction which I would never buy as a type example, but for what I was after, it may be my best opportunity ever to get one. So if this piece meets your needs and the variety is important, I can't really knock it from your point of view; I can have my opinion, but it comes through a very different lens.
I like it. Sometimes after looking for a few years to fill a spot, you have to pay a little more or accept a little less. I also think there is still 5% red left giving it RB designation.
When there’s 5% red remaining (and the remainder of the surfaces are brown) a copper coin doesn’t typically receive a “RB” designation. In this case, based on the different pictures provided, it appears that the coin turned more brown after it was graded.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Why not a BR?
Because there's no such thing