Early Cents
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Posts: 677 ✭
Im going to start clearing space in my collection and free up some cash. Ive had these 3 early cents for a while. These were all purchased raw
from estate auctions. I was going to send these in for grading, but never did beacause I wasnt sure about the grades or wether or not they would even holder these coins. The 1834 half cent may or may not have had an old cleaning. There is little luster showing on the coin. The 1802 Large Cent is the stemless variety, and has a little perosity on the obverse. The 1805 Large cent is very porus on the obverse and reverse. My question is, what is an overall consensus grade for each, and witch if any would grade? Thank you.
1802 Stemless Obverse
1802 Stemless Reverse
1834 Half Cent Obverse
1834 Half Cent Reverse
1805 Large Cent Obverse
1805 Large Cent Reverse
Thanks for any input.
Collecting cleaned, scratched, scraped, AT and ugly POS coins for over 2 years now!
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Comments
Liberty: Parent of Science & Industry
The 1802 and 1805 are corroded, and the 1834 half cent has been cleaned.
Please let me know if they do grade because I will have grounds to demand refunds from PCGS and NGC. I've had coins that were less damaged than those or not damaged at all, and they got BB'd. One is a condition census piece for the variety. Here's an example of a 1797 half cent that got BBd.
The half cent is cleaned, and even though it has very nice AU details, won't net better than VF.
The 1805 cent is either S-268 or 269 with the B reverse. I think its the 269 (R1) and commands no premium. If its a 268, its an R5 and a decent find, even though it only nets out VG (IMO) due to the corrosion.
Don't spend your money on a slab for any of them, but show the '05' to someone that can see it well enough to attribute it.
Ebay raw - be sure to use special works like L@@K!!! and RARE FIND!!!
Tell a story about how you found them hidden in the false floor of your Great-Grandfather's family home, undisturbed for all that time...
And don't forgat Photoshop - you can "polish" that corrosion right outta there.
Actually, ANACS would be best - just for the authentication and net grade.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
The 1802 Large Cent is XF details, corroded, net F.
The 1834 Half Cent is AU details, cleaned, net XF.
The 1805 Large Cent is VF details, corroded, net VG.
Of the three, the half cent stands the best chance of grading.
All IMHO....Mike
<< <i>Here's an example of a 1797 half cent that got BBd.
That's a gorgeous coin. Wanna bet NGC would have graded it if your first name was Jules???
Take care...Mike
Thanks for the help. I think more than likely, these will be put on Ebay and not TP graded. Its too bad that that 1797 Half Cent got body bagged. That coin costs a lot of money, and to not be able to conserve it in a holder is unfortunate. Of course the coin is not "Perfect", its been around for 200 years, and has changed hands countless times. Hearing these stories dont help the hobby in my opinion. Whos going to buy early raw half cents in higher grades knowing they cant be graded? I know its not a holder that makes the coin, but why even bother with TPG if you cant buy a great looking coin like the one you posted, and have it holdered? They just Bodybag, give no reason for the BB, and send the coin back to you. At least an explanation seems not a lot to ask, in return for the high cost and long turn around times. It would certainly help collectors when they contemplate new purchases. And in the end create more business for the TPG'ers.
"Improperly cleaned" with claim.
My response to the grader - inexperienced and not qualified to grade copper.
These people are not gods, and some of them are not the great experts that some of you think they are. In fact some of the better graders go off on their own and become successful dealers. That leaves a few “not quite ready for prime time players” in the grading room. Such people cost us money for no good reason.
And BTW the coin is not worth less. I’ll be able to sell it for a good price when the time comes. Knowledgeable collectors and dealers know that this coin is worth Choice VF money even without the plastic. It’s just easier to sell in the holder, and in the mean time I’ve got a blank spot in my NGC registry set that should be filled.
At the moment this coin is in an ANACS VF-35 holder. The coin is really a VF-25 using EAC standards.
P.S. I would not be so hot on this subject if were not for the fact that so many silver and gold coins from the same era get a free ride. Many slabbed early silver coins have been cleaned, and yet they get high grades like AU-50. I know because I own one of them! And it's almost impossible to find an early gold coin that has not been "skinned" these days. And what really piques me is that the folks who skin these coins often are rewarded with higher grades. Sometimes I wonder if those grade early gold coins learned to grade from a school that advertises on matchbook covers.