1793 Flowing Hair Large Cent, Wreath. PCGS Geniune, Cleaning VF Details

TopographicOceans

I liked the detail on this and could have lived with the issues because of what it was.

The price guide lists this for $5900 in 12 / $7350 in 15 and $9750 in 20.

My snipe for $2700 that was too low to bid and it sold for $3627.
Do you think that's a good deal?

Auction Link

oih82w8

Those laminations (?) would bug the heck out of me, especially the one through her eye...but these probably don't come around everyday either.

Walkerguy21D

I could live with the old cleaning, but not that defect on the obverse, especially at that price point.
That said though, most Wreath cents have some problem, or multiple problems, unless you are willing to spend substantial $.
It took me a long time to find my 'compromise' piece.

291fifth

A problem coin to be avoided.

grip

Originally posted by: 291fifth
A problem coin to be avoided.

Agree.

Jackthecat1

I hope the purchaser is happy with their new coin. The obverse issues are too much for me.

jonruns

Not for me!!

BillJones

The cleaning and weird color are this coin's worst sins. The planchet issues are quite normal for a Wreath Cent. Yes, the laminations are distracting and unattractive, but they are mint caused.

Given the price you are getting a lot of detail. Most Wreath Cents on this level have corroded surfaces that compromise the design details. Like or not this is not a bad buy, and you might not like this, but a copper coin doctor could make this coin look better.

I've seen a Wreath Cent with a corroded reverse that got into a straight grade holder, which had a price of over $30,000. It sold. You could do a lot worse than this coin.

joebb21

i feel every coin has a value.

In this case I thought it was worth around 3k

grip

Could sell for a lot more if sent to the right copper doctor.

golden

Sometimes cheap is not cheap enough.

Sonorandesertrat

It is easy to call early large cents with problems garbage to be avoided. The problem is that wholesome-looking coppers of this era are very expensive, out of the price range of most collectors. This coin has multiple issues, but it nonetheless has value. $3K-ish seems reasonable. This sort of thing is a key reason why EAC-style net grading is useful. The standard third-party grading result for a coin like this is a declaration of untouchable---how does one arrive at a value if the grade result is simply 'Genuine'?

braddick

I personally like it- problems and all- and think the new owner got a pretty good deal. Not screaming- yet good at the same time.

AmazonX

I like it. Doesn't look to bad. The slash but bother me eventually and you know if you ever try to sell it, everyone is going to knock it down because of that.


It actually reminds me of this horror movie poster for Martyrs Maybe a new marketing angle?

Bob1951

I like it. You have to decide how much the price should be. You chose $2700. Someone else most likely had been waiting a long time for such a coin and just pulled the trigger with a nuclear bid. Early coins come with problems. If you want a problem-free coin then you may wait a long long time and pay a much heftier price. If a coin meets your standards you will most likely have to pay more than you want to. You have to decide if you will be happy with the coin. The problem is that you do not know what the winning bidder actually bid. He may have bid over $5000. Who knows? I have learned that if I really really want a coin to bid high and just hope to win it because another one may not come along for a long time.



Bob