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1800 Overdate of '79 Large cent bought off E-bay

On September 17, 2007, I bidded on an Draped Bust Large cent with an overdate of '79. I received the coin on October 1st. When I got the coin, I was excited. To be sure that the seller was right about the grade and to check authenticity, I took the coin to a local coin shop and he couldn't get over the detail on the obverse. The observes appears to have a noticeable die crack, which might have been caused by the mint and the reverse shows a missing area, where "States" is located. I don't think this was caused by the environment, but possibly the Mint. The pics are still on the auction page for reference and you can see the back. As far as the coin goes, it's been put in a safe place. The coin dealer did tell me it was very good.

As for me, I'm stumped by the missing area.



1800 Overdate of '79 auction that I won.

Comments

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    TheRegulatorTheRegulator Posts: 1,245 ✭✭✭

    Look at the affected area from the edge...
    The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants. -Thomas Jefferson
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    commoncents05commoncents05 Posts: 10,102 ✭✭✭
    Looks corroded and damaged to me.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
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    Looks like it has been in the ground.
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    EdscoinEdscoin Posts: 2,028 ✭✭✭
    The edge has been ground of or bent. Definitely damage.
    And as grabba said looks like a dug coin.
    ED
    .....................................................
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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    That was a good purchase for $56.00?
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    image
    Becky
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    "College Kid" says...

    << <i>I bidded >>



    image
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    sumnomsumnom Posts: 5,963 ✭✭✭
    The price seems OK to me. The PCGS price guide lists this coin at 160.00 in "good" condition. Yes, the coin is pitted and apparently bent but it looks a lot better many draped bust cents I have seen. I pronounce it "cool." Had I come across it for that price I would have bought it.

    Nicely done.
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    im impressed that collegekid decided to spend $56 on a coin, that buys alot of beer hahaha good coin for the money, ive been looking for a late 1700's large cent for a while, last one i liked was a high grade but had a hole in it, and it went for way more than i was willing to pay
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    MyqqyMyqqy Posts: 9,777 ✭
    I know when I was in college, I spent all of my money on beer and drugs... image
    That being said, if I was really interested in early copper, I would spend a lot of time researching and get the best quality I could for my budget... which would mean probably avoiding heavily corroded pieces that have damage...
    My style is impetuous, my defense is impregnable !
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    sumnomsumnom Posts: 5,963 ✭✭✭
    It looks pitted but I don't know that I would say "corroded." I think it is a cool early copper, especially with the overdate. I don't really see any problem with the coin at that price. It's all good. I have a few low grade draped bust cents and I really enjoy them. I especialy like trying to tease out the Shedon numbers. I spent 35 bucks on 1798 cent with the date most gone but I spent lots of time both here and in Sheldon trying to figure out what it was. I learned lots about large cent varieties and looked over that damned cent over and over until knew every part of it. It was great fun and plenty of both entertainment and education for $35.00. You can't beat that with a stick!

    I have an 1802 half cent that's pretty beat up as well but hey, it's an 1802 cent! How cool is that? I take the same attitude with this 1800 cent. It was a good price for a very cool early US copper.

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