I'm expecting a Genuine, but will PCGS grade this 1793 Liberty Cap Cent?

AnkurJ · February 24, 2011 12:33PM

She isnt pretty, but not many of them are. Will she grade, or end up in a Genuine holder?
Thoughts?

AJ

Bochiman · February 24, 2011 12:35PM

Imho, they should only "GEN" it, at best.

RYK · February 24, 2011 12:46PM

Is that a coin?

notwilight · February 24, 2011 12:47PM

I've seen much worse in graded holders. I'd say you have a legit P01 there. --Jerry

Sonorandesertrat · February 24, 2011 12:59PM

<< Imho, they should only "GEN" it, at best. >>

AnkurJ · February 24, 2011 1:07PM

<< Is that a coin? >>

No, its a piece of really old chocolate.

llafoe · February 24, 2011 1:10PM

I think she'll GENUINE. Is that a pebble embedded at 12 o'clock on the obverse?

Barry · February 24, 2011 1:10PM

Looks like a chopmarked Trade Cent.

Coinosaurus · February 24, 2011 1:14PM

This is why I don't collect early copper.

I know it is a valuable coin, even in this condition, but let's face it. It's a slug.

tightbudget · February 24, 2011 1:43PM

I know it's old and all, but I think it'll come back in a Genuine slab for environmental damage

sumnom · February 24, 2011 2:41PM

<< This is why I don't collect early copper.

I know it is a valuable coin, even in this condition, but let's face it. It's a slug. >>

It's a slug I would love to have in my collection.

Coinosaurus · February 24, 2011 2:47PM

<< It's a slug I would love to have in my collection. >>

Me too. So I could sell it and have money to buy something else

CoinJunkie · February 24, 2011 2:52PM

I'll vote Genuine.

sumnom · February 24, 2011 2:55PM

<< 

<< It's a slug I would love to have in my collection. >>

Me too. So I could sell it and have money to buy something else

>>

You bad.

So what's a slug like this go for?

HoledandCreative · February 24, 2011 4:01PM

PO1. I see '93'.

joecopper · February 24, 2011 8:51PM

I really do not know how it will go - I think that it should be genuine. I can see the 3 and I think part of the 9.

ColonialCoinUnion · February 24, 2011 9:13PM

I don't know.

The possibilities for a coin that looks like this range from Questionable Authenticity to No Decision to GEN to PO-01 or something like that.

greatnortherncoin · February 24, 2011 9:44PM

post a picture when its slabbed

PerryHall · February 24, 2011 10:11PM

What's a coin like this worth? Hopefully it looks better in hand. Agree with CCU. It's anyones guess what PCGS will do with it and nothing would really surprise me. They do make allowances for really early coins and really rare coins. This one is both.

PerryHall · February 24, 2011 10:12PM

<< Is that a coin? >>

RYK---I thought you liked crusty coins?

crypto79 · February 25, 2011 12:08AM

It might have if the two holes/pits weren't in the prime focal area but since they are you have 0% chance, I would put money on it.

PerryHall · February 25, 2011 12:17AM

What would a coin like this be worth in a Genuine slab?

llafoe · February 25, 2011 12:24AM

A solid AG3 sold for $350 wholesale at the SLNA (then went to $400 retail). A Genuine PO1 should sell for $75-$125?

PerryHall · February 25, 2011 12:31AM

<< A solid AG3 sold for $350 wholesale at the SLNA (then went to $400 retail). A Genuine PO1 should sell for $75-$125? >>

Was it a 1793 liberty cap? Seems way too cheap for a key date large cent.

Walkerguy21D · February 25, 2011 12:38AM

llafoe - I think you have your varieties confused. The last AG brought $9800 in Heritage in 2008.
This is a very scarce coin, less than 150 known in ANY condition.
As to authenticity, we spent a lot of time on this when Ankur posted it last summer. It's the real deal. And if you want a "nice" one, you better be prepared to wait
a long time, and spend a bunch of money when one comes up.

llafoe · February 25, 2011 12:46AM

You're right... was looking at Wreath Cents.

fastfreddie · February 25, 2011 12:47AM

Code 97

IrishMikey · February 25, 2011 12:52AM

As long as the edge shows some detail, it should be easy to authenticate. While I am not 100%
certain what our host will grade the coin (some of the members of the boards seem unreasonably
certain about nearly everything!), I think a "straight" grade of Poor-1 is the right determination.

AngryTurtle · February 25, 2011 12:52AM

<< It might have if the two holes/pits weren't in the prime focal area but since they are you have 0% chance, I would put money on it. >>

I was thinking that without the pits, it had a very good chance at a grade.

llafoe · February 25, 2011 12:53AM

In 2010, a Genuine Liberty Cap sold for $3737.50 at Heritage. It has a lot more detail, but looks like a dug coin.

1793 1C Liberty Cap Genuine PCGS. S-13, B-20, Low R.4. The PCGS number ending in .97 suggests Environmental Damage as the reason, or perhaps one of the reasons, that PCGS deemed this coin not gradable. In our opinion, this coin has the details of a Very Good specimen that has extensive environmental damage. All letters and digits can be observed when the piece is examined beneath a light, but the dark brown and lavender surfaces are rough, especially on the striated obverse. MRB AG3. (#1359)

okracer · February 25, 2011 2:09AM

<< 

<< 

<< It's a slug I would love to have in my collection. >>

Me too. So I could sell it and have money to buy something else

>>

You bad.

So what's a slug like this go for? >>

.....even the lowest grades should go for good money..........I don't know.....$1000?.........$4000?.......

.......oh, and I like it........

lkeigwin · February 25, 2011 2:14AM

PCGS won't have any trouble determining what it is. And they can be pretty forgiving with a coin like this. But given the combination of issues it has...surface corrosion, rim damage, scratches, etc. I think it will come back in a genuine holder.
Lance.

AnkurJ · February 25, 2011 2:37AM

This coin is worth around $3000.

mdwoods · February 25, 2011 2:37AM

Definitely a worthwhile coin even in a genuine holder.

RYK · February 25, 2011 2:39AM

It looks like a tiny crustacean may be living (or died) in one of the pits.

jamesfsm · February 25, 2011 3:03AM

Where did you find this coin? You seem to be able to accumulate interesting coins at a much faster rate than I can.

AnkurJ · February 25, 2011 3:06AM

Have had this for over a year, bought from a board member who knew I was looking for one.

johnny9434 · February 25, 2011 3:07AM

<< 

<< Imho, they should only "GEN" it, at best. >>

>>

ill secont that.

57loaded · February 25, 2011 3:09AM

i see a little man at 6 o'clock. nothing else.

Walkerguy21D · February 25, 2011 4:09AM

<< Have had this for over a year, bought from a board member who knew I was looking for one. >>

I heard he sold it for ~$300 less than you offered him for it - must be a heck of a guy

123cents · February 25, 2011 4:27AM

<< PCGS won't have any trouble determining what it is. And they can be pretty forgiving with a coin like this. But given the combination of issues it has...surface corrosion, rim damage, scratches, etc. I think it will come back in a genuine holder.
Lance. >>

joebb21 · February 25, 2011 5:14AM

<< This coin is worth around $3000. >>

While I dont personally think it would grade, I definetly think getting it into a pcgs slab (even genuine) is a must do.

jdillane · February 25, 2011 8:28AM

Have no idea if she'll grade vs gennie, but if there is a grade where problems are forgiven, it's poor 1 and the rarety helps too!

rld14 · February 25, 2011 8:53AM

<< llafoe - I think you have your varieties confused. The last AG brought $9800 in Heritage in 2008.
This is a very scarce coin, less than 150 known in ANY condition.
As to authenticity, we spent a lot of time on this when Ankur posted it last summer. It's the real deal. And if you want a "nice" one, you better be prepared to wait
a long time, and spend a bunch of money when one comes up. >>

Yup!

It's funny, was talking to Ankur the other night about how I might like to buy a chain cent. Problem is, ones that have the look I like cost as much as a new 7 series BMW and are rare as heck.

Walkerguy21D · February 25, 2011 11:14AM

<< It's funny, was talking to Ankur the other night about how I might like to buy a chain cent. Problem is, ones that have the look I like cost as much as a new 7 series BMW and are rare as heck. >>

Yepper - I had my wife with me when we bought this large cent, along with the 1799, the 15 stars 1817, the 23/3, the 39/6, and about 15 other large cents that came out of this estate.....my wife has to co-sign on our money market account checks, which I only use for 'substantial' purchases.....her eyes were glazed over as the wow came out of her mouth.....not about the coins, but that she was thinking we could pay off a good chunk of the mortgage, instead we were bringing back these 18 junky old coins!

Monstavet · February 25, 2011 11:22AM

A coin worth owning in any condition, IMO. I think the embedded pebble keeps it in a Genny holder. But no shame in that!

pocketpiececommems · February 25, 2011 11:27AM

PO01

Russ · February 25, 2011 11:33AM

<< i see a little man at 6 o'clock. nothing else. >>

Is he in a boat?

Russ, NCNE

Raybo · February 25, 2011 11:37AM

Very cleaver those Chinese.

sumnom · February 25, 2011 12:45PM

<< A coin worth owning in any condition, IMO. I think the embedded pebble keeps it in a Genny holder. But no shame in that! >>

Agreed.

lava · February 25, 2011 2:01PM

<< I've seen much worse in graded holders. I'd say you have a legit P01 there. --Jerry >>

I'd need to see those pix to compare; until then, I'm in the genuine camp.

I'm expecting a Genuine, but will PCGS grade this 1793 Liberty Cap Cent?

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