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my old chain cent coming up for sale
privaterarecoincollector
Posts: 629 ✭✭✭✭✭
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.
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Yipes. You must be upgrading.
I'd bid, but the chain reminds me of slavery.
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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^not funny
Latin American Collection
That is an amazing chain cent. The detail in the hair is incredible.
Later, Paul.
What is a "Mio" in USD?
Great transactions with oih82w8, JasonGaming, Moose1913.
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.
Yes I always liked it because it is really unc.
Oh, so that is how they were supposed to look. Most examples look scary.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
That is a sharp looking coin!
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.
why does the obverse appear not round. The reverse does. How is that possible?
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
Iirc, it has a small rim clip
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
Holy crap!
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?
Now I know why you keep grading my coins the way you do!
AU-50?
200+ year old copper, beautiful!
"A dog breaks your heart only one time and that is when they pass on". Unknown
...well out of my league.
"Keep your malarkey filter in good operating order" -Walter Breen
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.
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.
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):
https://www.ngccoin.com/registry/competitive-sets/16292/
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.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
If I felt or was motivated that way I would already be living there in a tent or lean 2!
I think the EAC 'grade' for this coin would be "3rd finest known for the variety"
Just simply awesome!
It is stunning, and the grade is not relevant, but is there any standard by which it makes 65?
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?
I think I would pony up at least TWO Mio's for this one.......
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
Coin looks great in hand
love it !
Is this coin in a straight grade holder with all the green on the bottom of the reverse?
HAPPY COLLECTING
The EAC guidelines are firm. Most mint state large cents per NGC or PCGS are EAC AU's.
https://coins.ha.com/itm/large-cents/1793-1c-chain-america-ms64-brown-pcgs-cac-s-2-b-2-high-r4-our-eac-grade-au55/a/1213-30019.s?ic4=ListView-ShortDescription-071515
https://coins.ha.com/itm/large-cents/1793-1c-chain-america-s-2-b-2-high-r4-ms64-brown-pcgs-secure-cac/a/1208-5518.s?ic4=ListView-ShortDescription-071515
And thus the corrosion. Please wear gloves next time.
Er...PCGS and CAC...
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.
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.
"Seu cabra da peste,
"Sou Mangueira......."
I hope to one day start a thread with the same title as this one.
Smitten with DBLCs.
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.
ONLY an AU..... phfffttt....
Nice coin. It is hard to imagine that my low grade (ANACS F12 Details - net 54) 1793 Chain Cent once looked like that.
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.
DON'T HATE THE CURIOUS...
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.
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.
What green? That's OK for a copper Large cent.
Perhaps you can see just a little "cabinet friction?"
That is one freakishly nice coin!
I have an interest in the wife, does she know how to drive the tractor?
It needs a new green bean,,,,,,, the one on it is pretty rough.