1838 is very common. Not a $100 coin unless it is a scarcer Newcomb variety, or if it's really an XF that is undergraded. I'm selling a nice 1838 in VF/XF that I paid $60 for, and I don't think I'll get my money out of it.
Next question...Is it a real VF as the EAC'rs would grade it or is it what the TGP's (yes, even thost that start with P) call a VF but is really a weak F? I would have no real problem with 100.00 for a solid PQ EAC VF.
Just because I'm old doesn't mean I don't love to look at a pretty bust.
You bring up good and valid points OKbust. I'll post photos of it tonight when I get home so the EAC guys can chew on it a bit. My grading and problem finding skills are less than great this stuff.
I was an EAC member in the early/mid '90s, and am thinking of rejoining, so hopefully I qualify....
If the image of the 1838 is accurate, I would definitely say it is not worth the $100 price. Sharpness is about an EAC VF20, perhaps a little less, and the color is a very (in my opinion) dark and unattractive brown. Not a PQ look, in my opinion. Cents of 1838 seem to be a bit difficult to find with nice color, especially when compared to the surrounding years. I haven't checked it for die variety, so I can't comment on any variety premium, but there are a couple of goodies from this year. Judging by the picture, I would definitely pass. I saw a much nicer 1838 at a local coin show a few months back with a price tag of $80.
Seems like nice, middle-grade large cents are pretty difficult to find- you can find lots of mint-state and low-grade pieces, but the middle-grade pieces seem to be all locked-up. Whenever I am looking for nice large cents, good color is probably the most important factor to me, regardless of the grade. There are mint state dogs and really pretty G-4 pieces out there. Here is one of my personal favorites, an 1835 N-6, purchased as VF-25 at EAC '98 in Cincinatti. Image is a bit overexposed, but it gives you an idea of the color (tilt your computer screen back, so its a bit darker, and its much more accurate)
This is the type of piece for which I would pay a premium.
Hope this helps...
Alan
The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants. -Thomas Jefferson
<< <i>Here are some photos of the coin. I'd love to hear your opinions. As I said before I know very little about these. >>
That picture looks like one of the recent Heritage ones, and is probably not a good representation of the color of the coin at all. Their new pictures really stink for old copper.
That being said the coin doesn't seem to have enough detail to be worth much more than $50 (provided it's not a rare variety)...Mike
Collector of Large Cents, US Type, and modern pocket change.
From the pics, I am not sure that your coin would go VF and am fairly certain that it doesn't deserve a PQ designation--unless, of course--your are selling not buying. I think that you could probably find better for your 100.00.
Just because I'm old doesn't mean I don't love to look at a pretty bust.
Comments
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
Market grade xf
EAC grade vf
EAC price XF+
I was an EAC member in the early/mid '90s, and am thinking of rejoining, so hopefully I qualify....
If the image of the 1838 is accurate, I would definitely say it is not worth the $100 price. Sharpness is about an EAC VF20, perhaps a little less, and the color is a very (in my opinion) dark and unattractive brown. Not a PQ look, in my opinion. Cents of 1838 seem to be a bit difficult to find with nice color, especially when compared to the surrounding years. I haven't checked it for die variety, so I can't comment on any variety premium, but there are a couple of goodies from this year. Judging by the picture, I would definitely pass. I saw a much nicer 1838 at a local coin show a few months back with a price tag of $80.
Seems like nice, middle-grade large cents are pretty difficult to find- you can find lots of mint-state and low-grade pieces, but the middle-grade pieces seem to be all locked-up. Whenever I am looking for nice large cents, good color is probably the most important factor to me, regardless of the grade. There are mint state dogs and really pretty G-4 pieces out there. Here is one of my personal favorites, an 1835 N-6, purchased as VF-25 at EAC '98 in Cincinatti. Image is a bit overexposed, but it gives you an idea of the color (tilt your computer screen back, so its a bit darker, and its much more accurate)
This is the type of piece for which I would pay a premium.
Hope this helps...
Alan
<< <i>Here are some photos of the coin. I'd love to hear your opinions. As I said before I know very little about these. >>
That picture looks like one of the recent Heritage ones, and is probably not a good representation of the color of the coin at all. Their new pictures really stink for old copper.
That being said the coin doesn't seem to have enough detail to be worth much more than $50 (provided it's not a rare variety)...Mike
From the pics, I am not sure that your coin would go VF and am fairly certain that it doesn't deserve a PQ designation--unless, of course--your are selling not buying.