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 Replies: 17 / Views: 2,554 |
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Moderator
 United States
23522 Posts |
Holy cow! All you need from that 1801 is F12 to make your money back, and this one sounds as if it could be Mint State. If that's the case, this is an extremely important discovery.
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Pillar of the Community
Canada
1267 Posts |
Wow!!!  An 1801 1C 3 Errors in NGC MS63 Brown sold in 2005 for $138k. |
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Valued Member
United States
191 Posts |
Can't wait to see the pics....sounds like a great score!  |
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Pillar of the Community
United States
577 Posts |
Did you ever end up receiving this coin? I'm still intrigued!
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Valued Member
United States
73 Posts |
Keep us all posted!!
Coinmaniac
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Pillar of the Community
 United States
5362 Posts |
The coin finally came in. It is the 1/000 - but that is the only error. The coin does have some wear as well, I am submitting it to be graded - I believe it will be between VF and EF. My camera is not working right now but I will get pictures as soon as possible. It is still worth more than the $800 but not by as large a margin.
Oh well, you win some and you lose some. Can't be too greedy.
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Pillar of the Community
United States
2269 Posts |
The story that goes along with it, is the real treasure. Good luck with the grading.
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Pillar of the Community
United States
764 Posts |
i wonder which will sell for more; the penny or the house?
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Pillar of the Community
United States
5362 Posts |
Actually the house sold last for near $800,000 as far as I know.
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Pillar of the Community
United States
764 Posts |
in that case, I would say the house =|
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Pillar of the Community
United States
5362 Posts |
I have taken the coin to several dealers who were at the Raleigh Coin Show this weekend. No question on authenticity but a WIDE range on condition. The low was VF20 as a net downgrade because of some "corrosion" that no one else noticed. He wanted to buy it for $350. There were 4 dealers who gave it EF, one said High EF and one fellow considered to be an expert on Large Cents said it might get AU from a TPG. He actually studied it longest. I think I will take it to the ANA Show in Charlotte next weekend and have the TPG serives take a peek at it. |
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Valued Member
United States
346 Posts |
Very interesting story, nice find dude. Hope you get your money's worth in the end.
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Pillar of the Community
United States
2600 Posts |
Swamper, close your eyes and concentrate on the spinning image in the distance. You are getting very sleepy. Now repeat after me, send this coin to Jim, send this coin to Jim.  |
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Bedrock of the Community
United States
17884 Posts |
Well if it isn't the three error then it is S-220, 223, or NC-1. I hope that on yours the berry to the right of the E in ONE is in the center of the letter and not at the top. (NC-3 12 known, Finest known is a VG-8.)
220 and 223 are common but not in higher grade, still it will have to make an EAC VF-20 before you come out ahead.
And as for the comment that if it was a three error he would be ok if it was a F-12, that is true if it is the COMMON three error. The three error comes as two different varieties the S-219 which is common and the S-218 which is very rare. I just bought an AG 218 for $950 and I think I got a bargin. The last one I saw sell before that was a Fr-2 for $1300.
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Pillar of the Community
United States
5362 Posts |
The coin has the berry at the top of the E.
I took it to the Charlotte Money Show today and spoke to most of the grading services - all of them sight corrosion from the years of contact with the wood frame as a reason for NOT slabbing the coin. ANACS will net grade it - but it is likely to get a VF type net grade even though it is EF for wear.
The history of the coin seems to be of no interest whatsoever.
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Replies: 17 / Views: 2,554 |
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Posted 02/23/2007 4:44 pm
