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COuld I have All EAC folks give me their dead honest opinion on this coin

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  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    I'm not an EACer, but I'll give my opinion. That's a damn nice coin in my eyes. It may have some bumps, but it's also two hundred something years old. In addition, these are often very corroded--this one's got a smooth planchet. I'd love to own that piece.

    Jeremy

    BTW- EAC net -500 image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • AuldFartteAuldFartte Posts: 4,597 ✭✭✭✭
    Too many hits for my taste, but the chain cents just keep climbing in price/value. I'd rather have a lower grade piece without the holes.




    Oh, and I am an EAC member. But please don't let anything I say influence your decision to bid or not image
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    Tom, formerly in Albuquerque, NM.
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    TBE: Although I'm not an EAC collector, the digs in that coin would bother me, and I will presume to guess that they may bother you as well, which is why you were asking for unvarnished honest feedback on the coin.

    Personally, for me to spend $7000 on a single coin (which I have never done), it would have to be something that I really, really loved. If I had any doubts about something on it potentially bothering me, I'd walk away and look for another that better suited my collecting preferences.

    Just my own personal opinion.. I hope that it helps...

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • Coin FinderCoin Finder Posts: 7,162 ✭✭✭✭✭
    Thanks All opinions are welcome I am not interested in this coin but I know someone who is.

    Tbig
  • BarryBarry Posts: 10,100 ✭✭✭
    A non-EACer, but Chain cent owner here. I think that's a very ugly coin. Though pricey, Chain Cents aren't rare. Enough of them come up for auction, or sale via dealers, that I would not even consider bidding on that coin. True, many have some problems, but I would much rather have a midly porous coin, than one with all those digs and marks.
  • LakesammmanLakesammman Posts: 17,379 ✭✭✭✭✭
    Never seen an EAC net grade below zero - this might be the one!imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • jdimmickjdimmick Posts: 9,673 ✭✭✭✭✭
    Same here, Not an EACer, but I would not consider that coin at all. Just to many planchet defects and problems. IMO a real eye-sore.
    Shame too, becuase the date and details are quite strong for a chain cent.
  • It also looks like it spent some time inside a potato. The huge gash to behind the eye kills it for me.
  • ElcontadorElcontador Posts: 7,523 ✭✭✭✭✭
    The TPGs IMO seem to "look the other way" when it comes to grading some Draped Bust and earlier material. Most of the Bust $s I've seen would be bagged if they were Seated $s due to environmental damage and / or more likely, cleaning, etc.

    It's even more extreme when you get to 1790s material. Apparently, there are so few of these coins around and the TPGs want them in their slabs.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."

  • Honest opinion?

    I love it. Great coin!

    Another honest "opinion", if I sent that coin in I would get it back in a plastic baggie.
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  • EAC sharpness grade: F15; net grade: VG6.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    sharpness of vf-20, net f-11. very difficutl coin go grade, but grading chain cents is not like grading state quarters. EVERY coin is absolutely unique & must be treated as such. this is a coin for the collector that despises porosity, & is willing to sacrifice a bit of eye-appeal for the sake of surface quality.

    i like the coin a lot for what it is, which is a REAL COIN that was actually used in the channels of our country's fledgling commerce. it is not perfect, but a chain cent that is perfect would cost you 5x as much.

    K S
  • I think Dork is a little generous on the sharpness grade, I'd only go F-15. Coin has MANY digs and pits that are not from porousity and are excessive for the sharpness grade. The area around the eye that they call a lamination is not, it is just damage like all of the other hits. The rims are badly banged up. Being a grayscale image I can make no comments about the color. I would net the coin either a G-5 or G-6, probably a 6 and place the value between 5 and 8 thousand. Since they are wanting $7,700 to open the bidding I would probably pass and look for a smoother lower sharpness grade coin.

    I will say one thing, looking at this one makes me feel better about the damaged one I bought.

    EAC #1947 member since 1982

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