Amazing 1802 MS66RB Large Cent in Heritage Auction!

Poseidon · July 12, 2003 9:55AM

Pretty amazing looking coin, I'm the high bidder right now, but something tells me I won't be winning the auction.

Large Cent

CoinManiac527 · July 12, 2003 10:02AM

HOLY #*$% THAT'S BEAUTIFUL! You don't see to many of those in RB! I have really got to have that coin... I don't want it for 18,000... but I must bid. I'm going to pray to the coin gods that I win that coin.

abuell · July 12, 2003 11:01AM

<< You don't see to many of those in RB! I have really got to have that coin... I don't want it for 18,000... but I must bid. I'm going to pray to the coin gods that I win that coin. >>

Hey, it's CC 1, MS 65+ and has a provenance to die for - I really don't think that $18k will be buying that coin.

littlewicher · July 12, 2003 11:19AM

I'm assuming that this is the coin from Ted Naftzger's all time finest Large Cents Complete Variety Set
Circulation Strikes set? It's a very beautiful coin.

topstuf · July 12, 2003 11:52AM

Poseidon, you're a shoo-in. There's only 13 days, 10 hours, 12 minutes left.

NO sniper can make it in time.

good luck, though.

michael · July 12, 2003 3:50PM

wow

shall i take a flyer and say 30k including the juice

i guess only time will tell

sincerely michael

DAM · July 12, 2003 5:30PM

RB... ok.

66... I don't think so.

Great looking coin, yes! Very nice. I just don't see the grade 66.

jonesy · July 12, 2003 7:26PM

Gemmy!!

I'm at a loss of words!!

millennium · July 13, 2003 12:54AM

Do you guys see the email address of the last bidder?..It shows in the bidder email window to the right..Talk about a great spammer's paradise! Go here pick the email address at you leisure, and spam away..Why does Heitage permit this?

abuell · July 13, 2003 1:42AM

<< RB... ok.

66... I don't think so.

Great looking coin, yes! Very nice. I just don't see the grade 66. >>

Bill Noyes has it listed as 65+. If you think that you are a tougher grader than Bill then I can hear the deafening roar of laughter in the background.

ColonialCoinUnion · July 13, 2003 11:50AM

<< Bill Noyes has it listed as 65+. If you think that you are a tougher grader than Bill then I can hear the deafening roar of laughter in the background. >>

abuell -

With all due respect as I know you know your coins, I honestly believe that if you saw this same coin in this same holder but did not know the pedigree you'd say it was overgraded by PCGS by at least 2 or 3 points.

Am I wrong?

mdwoods · July 13, 2003 11:54AM

I agree. The coin is a beauty, but with those spots and the weakness in strike, I don't see it being a MS66 either.

abuell · July 13, 2003 12:44PM

<< [
abuell -

With all due respect as I know you know your coins, I honestly believe that if you saw this same coin in this same holder but did not know the pedigree you'd say it was overgraded by PCGS by at least 2 or 3 points.

Am I wrong? >>

Frankly yes because of the following. First I don't grade large cents because they are not my area. Second, even if they were my area I feel that the 11 point mint state system so loved today is a total pile of crap. There's unc, choice unc, gem unc, superb gem unc and fleur de coin (FDC). If anyone feels that they can accurately and consistently cut the hair any finer than that I say that they are full of crock. Third, anyone who is at all familiar with the world of large cents will agree that Bill Noyes is THE toughest grader in the field - if he calls it a 65 (gem unc) plus you will not get any argument from me.

Conder101 · July 13, 2003 7:41PM

Bill called THAT a 65+? I'm famiiar with Bill's grading and I wouldn't have thought he would have called that more than a 64 what with the the poor strike and the stains.

ColonialCoinUnion · July 13, 2003 8:30PM

<< Bill called THAT a 65+? I'm famiiar with Bill's grading and I wouldn't have thought he would have called that more than a 64 what with the the poor strike and the stains. >>

Agreed. Beautiful coin, but I'd have figured it for an EAC 63 or something.

abuell · July 14, 2003 1:51AM

<< Bill called THAT a 65+? I'm famiiar with Bill's grading and I wouldn't have thought he would have called that more than a 64 what with the the poor strike and the stains. >>

Well, it's Noyes' photo #21413, the S235 plate coin and CC 1 (HRN: 370, WHS, REN) @ MS 65+. Since I don't grade large cents I'm not arguing, just stating the facts.

jadecoin · July 14, 2003 2:21AM

When I first saw the coin I thought, "wow, great coin". Then I read the grade on the slab and said, "huh?". I should not be surprised since we have seen so many other early copper coins grotesquely overgraded lately (not just by PCGS). I think that they should leave the grade off of the holder and simply put "C.C. #1" in place of the grade. Calling that coin an MS-66 undermines ones grading credibility, imho.

mdwoods · July 14, 2003 3:41AM

I think that famous coins, with pedigrees like this one has, tend to be graded generously by the major services, not just PCGS.

abuell · July 14, 2003 4:11AM

Trying to grade high end copper from a picture is truly an exercise in futility. No photo can accurately convey the nuances of surface quality, color and luster that are necessary to form an accurate opinion of the coin. One can only get an accurate view of the coin in the copper.

Amazing 1802 MS66RB Large Cent in Heritage Auction!

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