Newp: 1837 Feuchtwanger Cent-ANACS Grade Revealed & opinions wanted!
NumisOxide
Posts: 10,997 ✭✭✭✭✭
Heres my newest coin that I received last week but I just got a chance to take images of it today. I was looking for one of these for a while. So, I was checking out Jade Rare Coin's website last week and bam I saw this one listed. Thanks Dennis!
ANACS VF20
ANACS VF20
0
Comments
<< <i>I'll have to excuse myself from guessing. I went to the JRC website to see if there were other examples, and yours is still up. >>
No cheating. Test your grading skills.
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
I'll reveal the ANACS grade soon.
<< <i>I'll have to excuse myself from guessing. I went to the JRC website to see if there were other examples, and yours is still up. >>
Darn! John bought the Feuchtwanger just before the Baltimore show and I didn't have a chance to update the site until today. It has been removed and only coins that are still available are on the website. We are uploading new purchases throughout the day.
I forgot the grade of the coin, but I will guess AU-50.
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<< <i>Without looking at any of the other responses. I'd call it strong VF, mayby XF >>
I'd personally call it a VF-30 or -35 from the pics, but if three was more than a little luster left hidden in the devices I could see calling it XF.
I've seen a couple of those with clips, though never in my price range. They're such neat coins, I do hope that someday my collection can include one.
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
<< <i>BTW: How many of these Feuchtwanger Cents, do you think were minted? I can't find a mintage figure anywhere. >>
John,
Dr. Feuchtwanger did not keep accurate mint records. Stating the amount of tokens struck would be a guess, but it could be an educated guess. There are 12 die combinations, 3 of which are R.1 (very common), 1 R.2, 3 R.3 and the rest are R.4 to R.8. I have seen hoards of these, including a guy a few years ago who had about 200 pieces. Those facts, together with a gut feeling of how many I have seen, I would guess that a couple thousand are extant. How many were minted? Hmmmm. I will take a guess. These tokens circulated heavily for a few decades, so I would guess that many were lost. I doubt any were melted, since there's little to no intrinsic value to the planchets. That would put a survival rate of.....wild guess.....10%. Therefore, I would say that about 20,000 were struck between 1837 and 1865. Again, this is just a quick, wild guess utilizing a bit of known data on the coins as a foundation.
Much, much rarer, however, are the Feuchtwanger Three Cent coins............
We bought and sold the PCGS MS-66 (Pop 1/0) example within the past 6 months. What a killer coin that was! Our current NGC MS-66 is not quite as nice, hence the lower price. We sold it for close to $5,000.
Dennis
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<< BTW: How many of these Feuchtwanger Cents, do you think were minted? I can't find a mintage figure anywhere. >>
Doing some research today I found a reference in Rulau that Q. David Bowers suggests that up to a million of the 1 cent pieces were in circulation, along with a few thousand 3 cent pieces. That's a lot more than my guess of 20,000!
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