Speaking of Early Copper and Cracking Plastic...

elwood

After reading another thread and some talk of cracking out MS Early Copper I checked out a link to some of Mr. 1794's Large Cents.

I'm assuming that these are thee "Mr 1794's" coins?

EACer's are a different breed then the majority of collectors out there. I had to smile when most of the descriptions read Ex PCGS and Ex NGC. How many collectors out there would crack-out MS-65 and MS-66 Large Cents?

They don't say Ex because they were cracked out and upgraded either.

Here's the link to some sweet copper..

http://www.coingallery.org/Moose1794PageOne.html

Click on the images for descriptions.

SmallEagle

Thanks Elwood. Page 2's not bad either. Goes to show MANY of the good early cents aren't represented in the TPG censi.

notwilight

Elwood,
Thanks for the link. I've never seen this before and enjoyed it tremendously...a couple of observations...

1. He doesn't have an S29 so I expect he'll be trying to buy TDN's newp and crack it out. Laura is lucky she beat this guy to it. Anybody know more about him?

2. My avatar is an s-61 and has a better obv die clash than his MS65 finest known example. It is R-4 which is the rarest of his displayed cents. I'm happy.

BigMoose

elwood, all of those 1794s were bought raw with the exception of one coin. Many of them were previously slabbed but then cracked out by EAC collectors after they bought the coins. But they kept the slab inserts which were included with the coins when they were sold. I have the PCGS inserts for almost all of them as well as old envelopes and sales flips from previous auctions. Most EAC folks like their Early Copper raw, but I agree that if I bought one still slabbed as a PCGS 66RB or 67BN I would have a very tough time cracking it out.

elwood

<< <i>Most EAC folks like their Early Copper raw, but I agree that if I bought one still slabbed as a PCGS 66RB or 67BN I would have a very tough time cracking it out. >>



But I think you would do it?

I would have trouble with anything over a 66 unless the coin was all there with a great provenance.

Most of the serious copper collectors know of all these coins, where they are and who owns them. It doesn't matter what holder it's in, when the major players all know if it's the 1st, 2nd or 3rd finest known. The only instance would be if a coin, farther down in the census, accidently slipped through the grading services with an undeserved higher grade.

For example "The Coin" will always be "The Coin" and it doesnt matter what holder it's in or what the holders numerical grade says.

elwood

I thought of one example of when it would matter what the grade said and that's if you have a Type or Date Set collector who's working on a finest known or Registry Set collection where the number actually mattered. (someone buying plastic)

notwilight

<< <i>I thought of one example of when it would matter what the grade said and that's if you have a Type or Date Set collector who's working on a finest known or Registry Set collection where the number actually mattered. (someone buying plastic) >>



But many of these coins have been in plastic before and the cracked out label comes with them as part of the provenance. Since the label wasn't sent back into pcgs it could still be included in your registry set.

OTOH, based on Moose's description of the 64 I posted in the other thread being an EAC 50, I guess we could conclude this coin would be a candidate for sale to a plastic buyer.

--jerry

AuldFartte

<< <i>Thanks Elwood. Page 2's not bad either. Goes to show MANY of the good early cents aren't represented in the TPG censi. >>



except that I'd replace the word "many" with the word "most"

Nic

Elwood,
You should see Bigmooses 94's in hand. Makes you want to cry. K