New purchase-1796 draped bust cent-pedigree listed

rhedden

Here's a new purchase I thought I'd share with everyone- a 1796 Draped Bust large cent. It has an interesting pedigree that I'll reveal later.




By the way, it's S-111, R5-, for those of you who drool over rare varieties. CVM gave me a more than fair price on the piece considering its rarity.

Here's the pedigree for this coin. EAC grade F-15. Ex- Proskey-Hines-Sheldon-Paschal-Loring-Brown-Superior-Beymer-Long-Palmer
Wadlington-CVM-rhedden. CC #10.

No way in heck this coin gets slabbed by PCGS or NGC. It's on a porous planchet, and I wouldn't even bother submitting it. In fact, they'd probably bag my entire large cent collection. The fact that it belonged to Sheldon is enough for me. It doesn't need an endorsement from a grading service.

BillJones

That's a very attractive coin that is very hard to find in that state of preservation. Unfortunately neither NGC or PCGS would grade it. I know because I've been there and done that.

Here's a 1797 half cent (C-1) that flunked at both services for bogus reasons.

wam98

1796 draped bust, hmmm, I need one of those for my type set. That one will do just fine.

JrGMan2004

Oooooo! Both rock!!

Coin Finder

Bill what was yours bagged for?

THnaks

Tbig

JadeRareCoin

That is a nice coin for a 1796 draped bust cent. Bill, I like your 1797 half cent, too. It always amazes me when I see corroded early copper slabbed in major auctions, but then the bag on collector submissions of comparable or even better material. Haven't figured that one out yet.

EvilMCT

Nice coin. Thanks for sharing.

Bill: What about the photo lets you know that it would be bagged at PCGS/NGC?

Ken

kieferscoins

The corosion on the reverse.

Cameron Kiefer

EvilMCT

<< <i>The corosion on the reverse. >>



Wow, I've seen far worse entombed in plastic before from both services. Anything else?

Ken

AuldFartte

Nice one, rhedden

I think ANACS will slab it.

BillJones

<< <i>Nice coin. Thanks for sharing.

Bill: What about the photo lets you know that it would be bagged at PCGS/NGC?

Ken >>



Kiefer nailed it.

I have a 1797 cent that is listed as an AU and among the finest known in Breen's book. The coin has a long pedegree that dates back to the turn of the 20th century. Yet this coin can't be graded by the "big two" because of minor corosion that is even less obvious that it is on this piece. The 1797 half cent that I posted here was rejected as "recolored," which is a bunch of garbage.

I would not complain about this if the services were consistent, but they are not. I've seen early large cents with MAJOR problems, far worse that this 1796 or my 1797, that are in plastic.

And when comes to early silver coins, nearlly all of them have been cleaned at one time or another or have fairly important defects. AND I've seen early gold coins that are slabbed, which have had their surfaces stripped completely. "What's good for the goose is good for the gander." GRADE EARLY coins on a level playing field.

The grading sevices don't know early copper PERIOD

JadeRareCoin

The grading sevices don't know early copper PERIOD

Amen to that.

Edited to say: although I think PCGS is much better than the others at grading copper. None of the services grade by variety, just by type.

mgoodm3

nice coins.

kieferscoins

Yes, ANACS will slab it but with a "net" grade. NCS would also slab it "Genuine" or an "AU" details. They have 2 types of levels.

Cameron Kiefer

BillJones

I'll take ANACS over NCS every day of the week.

I've never handled an NCS coin, and I would prefer NEVER to buy or sell one. NGC to does not deserve to get more money after they have unfairly flunked (BB'd) a coin for no good reason.

kieferscoins

<< <i>I've never handled an NCS coin, and I would prefer NEVER to buy or sell one. >>



Why?

Cameron Kiefer

BillJones

<< <i>

<< <i>I've never handled an NCS coin, and I would prefer NEVER to buy or sell one. >>



Why?

Cameron Kiefer >>





<< <i>NGC to does not deserve to get more money after they have unfairly flunked (BB'd) a coin for no good reason. >>



In addition I think that their holder is ugly.

kieferscoins

You can send coins directly to NCS for slabbing without them ever conserving it or sending it to NGC.

I don't like the slab as much either.

Cameron Kiefer

boiler78

Hmmmmm??

BillJones

You "Hmmmm" link is a prime of what was known as "chestnut grading" in the old days. Rarer the coin; the loser the standards.

That 1793 strawberry leaf cent has VG sharpness, but the rough planchant takes it down to Good IMO. Under normal circumstances this coin would get a body bag if it were not so rare.

But hey slabbing a strawberry leaf cent is a feather in the grading service's cap so they change the rules when they grade the coin.

Stuart

Ron: That's a very nice 1796 Draped Bust Cent!! Thanks for sharing her with us!

Shamika

Not to change the subject, but that coin (rhedden's 1796 Draped Bust cent) must have cost a pretty penny.

rhedden

Bill- nice 1797. Recolored? Not recolored? Who cares. Looks great.

Also, check the interesting pedigree info. I left at the top of the post.