1857 Large Cent - Please comment.
sumnom
Posts: 5,963 ✭✭✭
I just picked this up today and would like to get some feedback on it. What do our large cent folks think?
I am sorry for the not-so-great pics:
I am sorry for the not-so-great pics:
0
Comments
<< <i>It is an 1857, you are right about that! >>
Thank you for your vote of confidence!
<< <i>
<< <i>It is an 1857, you are right about that! >>
Thank you for your vote of confidence! >>
Honestly?
If you got a deal on'er than good for you.
One the other hand, I hope you did not pay to much and it was in your ballpark.
Ray
If it was up to me I would not buy the coin, but that's just me.
I'm a rank amature and I can tell the coin has been put through the gauntlet!
If you are happy than so am I!
Ray
Cartwheel
Cartwheel's Showcase Coins
I had one, but sold it, along with all my other large cents, a few years back. I was never real happy with it, but it was the only one I had seen available (that was pre-ebay).
Here it is, liver spots and all...
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
too clean for it's amount of circulation??
<< <i>291fifth - please expand on your observation...you've noticed something. What grade do you believe the coin will grade? It looks F-15 to me with many bag or other coin marks. Do you consider this unusual? Please explain, some on this forum are learning, including me. >>
In terms of wear I would agree with F-15. While these coins lived a hard life, this one seems have had it harder than most (though the photographic lighting may make it look even worse than it is in hand.) Choice coins have fewer marks than normal for the grade and choice is what collectors should want.
Regarding cleaning ... based on the photos this coin looks well scrubbed. In hand it may look very different.
Solid-for-the-grade examples can bring quite high prices across the board.
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U.S. Revenue Stamps
The coin has numerous rim bumps and based on the "halos" around the devices, it has been cleaned.
Lane
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>F-15 details, net VG
The coin has numerous rim bumps and based on the "halos" around the devices, it has been cleaned.
Lane >>
There is some crud around the devices-- this is where crud accumulates. Next to the crud are areas of normal wear. If there were areas of less wear/different surface appearance, that would indicate crud had been removed. --Jerry
<< <i>
<< <i>F-15 details, net VG
The coin has numerous rim bumps and based on the "halos" around the devices, it has been cleaned.
Lane >>
There is some crud around the devices-- this is where crud accumulates. Next to the crud are areas of normal wear. If there were areas of less wear/different surface appearance, that would indicate crud had been removed. --Jerry >>
Hi Jerry-
I would have to look at the coin in-hand. From the images it has the earmarks of a cleaned coin. I am not only referring to the protected areas near the start, but some of the stars appear to have lightened areas around the crud. Who knows, it could all be an artifact of the imaging.
The surfaces look awfully reflective - even more so that the typical glossy brown cent. Again...could be the imaging.
Lane
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
I probably overpaid. I am a little embarrassed to say how much. What might be a fair price for this piece?
TPGs would grade VF details, Net F.
EAC would be a grade tougher -- F details, net VG.
A fair price would be between $100 and $150.
All of the above IMO....Mike
The halos (haloes?), while prominent in the image, are not noticable in hand.
<< <i>Arizona mentioned "Coin Care" and I have only recently heard about it. I heard a glowing review, so to speak, but I am suspicious. The bottle label says that it leaves a some sort of a coating. From all that I have heard about cleaning coins, this sounds like a no-no. What do we think about Coin Care? >>
Not necessary for this coin IMO. If you don't like the coin, get rid of it and find another. While the date is hard one for the braided hair large cents, even this one isn't THAT hard that you'd have to resort to conservation. Respectfully...Mike
<< <i>Thank you, Mike. It looks like I did overpay by a fair amount but I'm not going to complain. I do like the coin but I will be a little more careful next time.
The halos (haloes?), while prominent in the image, are not noticable in hand. >>
Very different from other metals, IMO, copper is just like that. Move the light a few degrees one direction or the other, and the coin can magically change appearances.
We all overpay at some point in time.....hopefully, it wasn't too hurtful.
First glance, and then again at your new pics, and I am thinking cleaned as well.
Not harshly, to leave a lot of lines, etc, but the color looks weird to me.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Oh no, I will keep the coin. I was just looking for a general comment on Coin Care. I don't really understand what it is or what it does. >>
It is just an oil. Sometimes used with rose thorns or q-tips to remove verdigris. Lots of copper collectors advocate using oils like Coin Care (and Blue Ribbon) to protect copper surfaces. They often give a coin a "glossy" appearance -- and that's what I suspect AJ was referring to in his post above....Mike
<< <i>
<< <i>Oh no, I will keep the coin. I was just looking for a general comment on Coin Care. I don't really understand what it is or what it does. >>
It is just an oil. Sometimes used with rose thorns or q-tips to remove verdigris. Lots of copper collectors advocate using oils like Coin Care (and Blue Ribbon) to protect copper surfaces. They often give a coin a "glossy" appearance -- and that's what I suspect AJ was referring to in his post above....Mike >>
It reminds me a little of the old practice of using shellack (sp?). Do you use it, Mike?
<< <i>
<< <i>
<< <i>Oh no, I will keep the coin. I was just looking for a general comment on Coin Care. I don't really understand what it is or what it does. >>
It is just an oil. Sometimes used with rose thorns or q-tips to remove verdigris. Lots of copper collectors advocate using oils like Coin Care (and Blue Ribbon) to protect copper surfaces. They often give a coin a "glossy" appearance -- and that's what I suspect AJ was referring to in his post above....Mike >>
It reminds me a little of the old practice of using shellack (sp?). Do you use it, Mike? >>
I have experimented with it, yes. I also own coins which have been oiled/conserved in the past. It is very common and accepted among the EAC/copper community.
I prefer, however, to purchase stable coins that don't require "maintenance".
Sorry, this is a scarcer than average date, but one should be able to find one of these a bit nicer than this one.
Here are couple of 1857 large cents that I now or have owned. The first one had EF sharpness, but a couple of edge marks that are in visible in the picture.
This one is the piece now in my collection. It is raw. Using EAC standards, it's an MS-61, brown. If it were to be slabbed I'd say it would get an MS-63 or 64, brown. It does have a tinge of red.
By way of comparison, the one below is in a PCGS MS62BN holder.
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U.S. Revenue Stamps
Tip
VG8 70
VG10 80
F12 135
personally I would net it a 8-10 depending on what it looked like in hand
<< <i>CQR? >>
CQR = Copper Quotes by Robinson
It's considered to be the pricing "bible" by many EAC members.
<< <i>
<< <i>CQR? >>
CQR = Copper Quotes by Robinson
It's considered to be the pricing "bible" by many EAC members. >>
How often are the prices updated?
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>
<< <i>
<< <i>CQR? >>
CQR = Copper Quotes by Robinson
It's considered to be the pricing "bible" by many EAC members. >>
How often are the prices updated? >>
Whenever Jack Robinson decides to publish a new edition, at least once a year.
For copper varieties that are traded regularly, it's a good guide. When it comes to the rarities, guesswork is involved.
Years ago the late Roger Cohen mailed a check to one of his copper buddies in the amount of the CQR price estimate for a piece he needed. Roger told me the fellow who got the check mailed it back and was a bit insulted by the offer. It's really hard to place prices on really rare coins that are in "firm hands."
<< <i>CQR
VG8 70
VG10 80
F12 135
personally I would net it a 8-10 depending on what it looked like in hand >>
Those prices are at or below Greysheet, and Greysheet is utterly useless on an 1857 large cent. You can't buy coins at those prices in the real world unless they have problems. If those prices are meant to be at the more conservative EAC grading standard, they're even more lowball.
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U.S. Revenue Stamps