my old chain cent coming up for sale
I was the underbidder back then when it brought 1.38 Mio USD, I thought it was worth 1 Mio back then.
I am curious what it will bring, given the PCGS 65 RB sold for 1 Mio USD.
Comments
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Yipes. You must be upgrading.
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I'd bid, but the chain reminds me of slavery.
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So did you own it or just bid on it? What a lovely coin!
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Updated to add the coin image!.
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That is an amazing chain cent. The detail in the hair is incredible.
Later, Paul.4 -
What is a "Mio" in USD?
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@Wabbit2313 said:
So did you own it or just bid on it? What a lovely coin!I owned it before, bought it for 185.000 USD in 1999 in a private deal and sold it in 2004 when I sold my collection back then, for 393.000 USD. Then tried to buy it back in the auction where it brought 1.38 Mio. Now Im the happy owner of the PCGS 66 coin.
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@Stooge said:
That is an amazing chain cent. The detail in the hair is incredible.Yes I always liked it because it is really unc.
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Oh, so that is how they were supposed to look. Most examples look scary.
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That is a sharp looking coin!
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I think the S-4 variety, as above, has the most aesthetically pleasing portrait of Liberty, and with the die engraved in lower relief, the coins struck up much more fully to give the complete hair detail.
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why does the obverse appear not round. The reverse does. How is that possible?
My 20th Century Type Set, With Type Variations---started : 9/22/1997 ---- completed : 1/7/2004
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/20041 -
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The pogue 1793 65RB should have been over a million. It miserably did not get there. I think this coin too will be BELOW $1 million easy. My guess is it will go to Type guy
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Holy crap!
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It is a beautiful coin in a rare condition.
Now, I ASK some EAC folks here to tell all of us what the EAC grade would be on this coin? How far would they downgrade (NET GRADE) this coin for the small scratches, rim problems, and large corrosion spot?
I'm not a "chicken." My guess after reading the EAC Grading Guide is this would be a EAC AU-50 or 53 MAX and it would still sell at a Mint State price. Would the problems even drop it below AU?
Note: This is purely an EDUCATIONAL EXERCISE to help me learn more about "Net Grading" (which I hate). Any copper specialists in the EAC around who care to comment?
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@Insider2 said:
It is a beautiful coin in a rare condition.Now, I ASK some EAC folks here to tell all of us what the EAC grade would be on this coin? How far would they downgrade (NET G
RADE) this coin for the small scratches, rim problems, and large corrosion spot?I'm not a "chicken." My guess after reading the EAC Grading Guide is this would be a EAC AU-50 or 53 MAX and it would still sell at a Mint State price. Would the problems even drop it below AU?
Note: This is purely an EDUCATIONAL EXERCISE to help me learn more about "Net Grading" (which I hate). Any copper specialists in the EAC around who care to comment?
Now I know why you keep grading my coins the way you do!
AU-50?3 -
200+ year old copper, beautiful!
"May the silver waves that bear you heavenward be filled with love’s whisperings"
"A dog breaks your heart only one time and that is when they pass on". Unknown0 -
This content has been removed.
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...well out of my league.
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AU-50 is my guess of what the EAC guys would grade it.
The coin is a 62 all-day-long if a coin doctor got hold of it and properly conserved it. A conservation service could remove the corrosion but they would not be allowed to "doctor" the color of the corroded area back to "acceptable." That takes an experienced "copper guy." Since so many folks "know" the coin, it will continue to rot away as is.
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@Insider2 said:
AU-50 is my guess of what the EAC guys would grade it.The coin is a 62 all-day-long if a coin doctor got hold of it and properly conserved it. A conservation service could remove the corrosion but they would not be allowed to "doctor" the color of the corroded area back to "acceptable." That takes an experienced "copper guy." Since so many folks "know" the coin, it will continue to rot away as is.
I don't see that piece of discoloration near the OF as corrosive enough to net grade down to AU.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.0 -
@cardinal said:
I think the S-4 variety, as above, has the most aesthetically pleasing portrait of Liberty, and with the die engraved in lower relief, the coins struck up much more fully to give the complete hair detail.There has been speculation that Joseph Wright had a hand in cutting the dies for this variety. It makes sense because this Chain Cent Ms. Liberty looks much more civilized than the first two.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?1 -
Epic coin that anyone would be proud to own.
Great detail and great color.
Beautiful Chain Cent.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
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Considering selling my coin collection, house, furniture, airplane, wife, tractor, and autograph collection, then buying this coin and living happily with it in a van down by the river.
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If I felt or was motivated that way I would already be living there in a tent or lean 2!
@savitale said:
Considering selling my coin collection, house, furniture, airplane, wife, tractor, and autograph collection, then buying this coin and living happily with it in a van down by the river.0 -
This content has been removed.
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@Insider2 said:
It is a beautiful coin in a rare condition.Now, I ASK some EAC folks here to tell all of us what the EAC grade would be on this coin? How far would they downgrade (NET GRADE) this coin for the small scratches, rim problems, and large corrosion spot?
I'm not a "chicken." My guess after reading the EAC Grading Guide is this would be a EAC AU-50 or 53 MAX and it would still sell at a Mint State price. Would the problems even drop it below AU?
Note: This is purely an EDUCATIONAL EXERCISE to help me learn more about "Net Grading" (which I hate). Any copper specialists in the EAC around who care to comment?
I think the EAC 'grade' for this coin would be "3rd finest known for the variety"
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Just simply awesome!
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It is stunning, and the grade is not relevant, but is there any standard by which it makes 65?
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but is there any standard by which it makes 65?
I think there was a consensus made somewhere by knowledgeable folks that for this day and age, it's a commercial 65 for a chain cent, worthy of the holder, the status, and the big commensurate price tag.If this coin with those various minor issues were say a 1907 Indian cent, what do you think it would grade?
Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug0 -
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That is an amazing coin.... 225 years old and in remarkable condition...I do not even care what grade (opinion) may be assigned.... That is for those that live by measures.... I appreciate the history and skill that went into creating the coin in it's time... Cheers, RickO
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@thebeav said:
I think I would pony up at least TWO Mio's for this one.......
love it !
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Is this coin in a straight grade holder with all the green on the bottom of the reverse?
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@grote15 said:
@Insider2 said:
AU-50 is my guess of what the EAC guys would grade it.The coin is a 62 all-day-long if a coin doctor got hold of it and properly conserved it. A conservation service could remove the corrosion but they would not be allowed to "doctor" the color of the corroded area back to "acceptable." That takes an experienced "copper guy." Since so many folks "know" the coin, it will continue to rot away as is.
I don't see that piece of discoloration near the OF as corrosive enough to net grade down to AU.
The EAC guidelines are firm. Most mint state large cents per NGC or PCGS are EAC AU's.
All comments reflect the opinion of the author, even when irrefutably accurate.
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@tradedollarnut said:
Coin looks great in handAnd thus the corrosion. Please wear gloves next time.
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@jmlanzaf said:
@grote15 said:
@Insider2 said:
AU-50 is my guess of what the EAC guys would grade it.The coin is a 62 all-day-long if a coin doctor got hold of it and properly conserved it. A conservation service could remove the corrosion but they would not be allowed to "doctor" the color of the corroded area back to "acceptable." That takes an experienced "copper guy." Since so many folks "know" the coin, it will continue to rot away as is.
I don't see that piece of discoloration near the OF as corrosive enough to net grade down to AU.
The EAC guidelines are firm. Most mint state large cents per NGC or PCGS are EAC AU's.
This particular coin looks MS in every way. A beautiful piece.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.0 -
I have seen plenty of early copper with corrosion and worse in Unc. first world holders. You need to know what you are buying, and what is acceptable to you.
Based on my experience, there are very few Unc. pre 1815 coppers out there which I would purchase."Vou invadir o Nordeste,
"Seu cabra da peste,
"Sou Mangueira......."0 -
I hope to one day start a thread with the same title as this one.
Smitten with DBLCs.
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@grote15 said:
@jmlanzaf said:
@grote15 said:
@Insider2 said:
AU-50 is my guess of what the EAC guys would grade it.The coin is a 62 all-day-long if a coin doctor got hold of it and properly conserved it. A conservation service could remove the corrosion but they would not be allowed to "doctor" the color of the corroded area back to "acceptable." That takes an experienced "copper guy." Since so many folks "know" the coin, it will continue to rot away as is.
I don't see that piece of discoloration near the OF as corrosive enough to net grade down to AU.
The EAC guidelines are firm. Most mint state large cents per NGC or PCGS are EAC AU's.
This particular coin looks MS in every way. A beautiful piece.
These two I always graded AU. The Eliasberg 65 I always graded unc. PCGS grades for Chain Cents are all messed up. I have seen AUs in 65 holders and my real Gem is in a 66 holder.
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ONLY an AU..... phfffttt....
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Nice coin. It is hard to imagine that my low grade (ANACS F12 Details - net 54) 1793 Chain Cent once looked like that.
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I find it a bit strange that with all the fame of the Chain Cent, my tongue-in-cheek remark about the chain/slavery issue got so many all worked up.
Apparently lots of people have no idea why the chain design was changed.2 -
DON'T HATE THE CURIOUS...
@grote15 said:
@Insider2 said:
AU-50 is my guess of what the EAC guys would grade it.The coin is a 62 all-day-long if a coin doctor got hold of it and properly conserved it. A conservation service could remove the corrosion but they would not be allowed to "doctor" the color of the corroded area back to "acceptable." That takes an experienced "copper guy." Since so many folks "know" the coin, it will continue to rot away as is.
I don't see that piece of discoloration near the OF as corrosive enough to net grade down to AU.
Are you a member of EAC? AU is a range of grades from 50 to 58. I'm just guessing AU-50 based on the Grading Guide they published. If a MS copper coin is "net graded" due to problems, it drops the coin down to a straight graded AU. The rest of us who don't net grade may keep it in the MS range yet at one of the lower levels. Or assign a "details" grade.
@Walkerguy21D said:
but is there any standard by which it makes 65?
I think there was a consensus made somewhere by knowledgeable folks that for this day and age, it's a commercial 65 for a chain cent, worthy of the holder, the status, and the big commensurate price tag.If this coin with those various minor issues were say a 1907 Indian cent, what do you think it would grade?
That's the problem. No consistency. The 1907 1c should also be a MS-65 only worth $20 rather than millions!
and this: "...for a chain cent." That's like "for a NE Sixpence" or "for a New Orleans dollar."
How about we all learn to grade coins by their actual condition FOR A change. Otherwise, we better be sure to "skew" the computer grading program that comes along in the future.@COINS MAKE CENTS said:
Is this coin in a straight grade holder with all the green on the bottom of the reverse?What green? That's OK for a copper Large cent.
Perhaps you can see just a little "cabinet friction?"
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That is one freakishly nice coin!
http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook2 -
@savitale said:
Considering selling my coin collection, house, furniture, airplane, wife, tractor, and autograph collection, then buying this coin and living happily with it in a van down by the river.I have an interest in the wife, does she know how to drive the tractor?
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It needs a new green bean,,,,,,, the one on it is pretty rough.
GrandAm0
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