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1858 Flying Eagle Small Letters

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First Page  Showing last 15 replies.
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Pillar of the Community
United States
1083 Posts
 Posted 06/01/2007  9:02 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list
Ms-63 (details if it is cleaned). I see no wear and nothing that definitely says cleaned to me. The color could just be the exposure of the picture. Beautiful coin! Wish I had it.
Bedrock of the Community
United States
14454 Posts
 Posted 06/02/2007  10:32 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I gotta say I do not see any wear on this coin either but I do see some diagonal lines above the date that could be some cleaning marks but just can't be sure from the picture. I would say if it is cleaned it would be MS-62 details
Pillar of the Community
United States
1173 Posts
 Posted 06/03/2007  12:39 pm  Show Profile   Bookmark this reply Add hunter20ga to your friends list
Nice coin! Without having it in hand there's no way of knowing if it has luster, if it's been cleaned, etc. because we don't know about the photography. It appears to be a very nice specimen in mint condition. Congratulations!
Pillar of the Community
United States
1984 Posts
 Posted 06/03/2007  9:34 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list
Beautiful coin. The horizontal lines below the eagle make me think cleaned. It's the kind of coin I would think would be slabbed if it could have been. AU+ possible UNC details.
Valued Member
United States
107 Posts
 Posted 06/05/2007  12:16 pm  Show Profile   Bookmark this reply Add FroDaddy to your friends list
Here are the last two pictures I have. I'm not sure if they help much since they dont seem to be zoomed much more than the first ones.

Image: 1858-Flying-Eagle-Small-Letters 1858 FE SL front2.jpg
28.07 KB

Image: 1858-Flying-Eagle-Small-Letters 1858 FE SL back2.jpg
31.09 KB

What does the word slabbed mean? Professionally graded and in a holder? How can I determine for sure if this were cleaned? I only have the Internet and a couple of books as resources right now.
Pillar of the Community
United States
1984 Posts
 Posted 06/05/2007  12:41 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list
Yes, slabbed means professionally graded and sealed. There are lots of different kinds of cleaning, some more subtle than others. Clues to cleaning include impaired luster and small scratchy-looking lines on the coin. It's almost always easier to tell with the coin in hand.
Pillar of the Community
United States
974 Posts
 Posted 06/05/2007  1:09 pm  Show Profile   Bookmark this reply Add Nelrak to your friends list
I'd think it would get out of the AU range and into the MS 60 to 62. Nice Eagle
Pillar of the Community
United States
3234 Posts
 Posted 06/05/2007  5:00 pm  Show Profile   Bookmark this reply Add Prethen to your friends list
I love the detail. But, I really don't like the overall look. The color and surfaces look wrong to me for that high of a grade. I think it has been either improperly cleaned or retouched in some way. Perhaps in-hand you'll be able to prove me wrong. I hope so. How much was it?
Valued Member
United States
107 Posts
 Posted 06/05/2007  5:59 pm  Show Profile   Bookmark this reply Add FroDaddy to your friends list
I got it for about $230 on ebay. To me the all of the seller's pictures make his coins look odd: http://search.ebay.com/_W0QQsassZdgmk50

I'm hoping that once I see the coin in person it will look much different than the pictures and not cleaned. But if we assume it was cleaned, did I pay too much for it?
Pillar of the Community
United States
3234 Posts
 Posted 06/05/2007  9:26 pm  Show Profile   Bookmark this reply Add Prethen to your friends list
At $230, you paid basically wholesale Mint State money. If the coin is a nice AU58-MS62 without problems, you did fine. If the coin is as some of us suspect, a problem, you paid at least twice as much as its worth.

You have to be very careful with ebay lots. Most of these sellers aren't stupid. If the coin was truly a nice, problem free choice AU to low-end UNC and the seller was savvy, the coin would be better photographed and/or never make it to ebay for sale. He could sell it for a decent price to a dealer at a local coin show.

Then again, I've seen many stories of people getting a good "rip" on ebay all the time. It's sort of luck of the draw and really knowing what you're looking at.

Please let us know how it turns out when you get it.
Valued Member
United States
107 Posts
 Posted 06/06/2007  12:07 am  Show Profile   Bookmark this reply Add FroDaddy to your friends list
I e-mailed the seller and he has a 7day money back satisfaction guarantee! The coin was shipped on Tuesday from NJ, so I could possibly have it by the end of the week.

I should have posted the item description originally, but here is what the E Bay posting stated:

quote:
1858 small letters Flying Eagle cent, Breen # 1933, reverse with wide open E's, listed as very rare. Reverse is rotated 30 degrees counterclockwise. High grade with some very minor hairlines in the obverse field which may be die polish. This is a beautiful cent and an interesting variety.



I found a coin on Snow's website which tells me that sometimes hairlines can be neither die polish nor bad cleaning, but just contact marks:
quote:
How many chances to you get to buy an S-3, properly graded in a PCGS holder with the correct format attribution? Here is a real beauty with just a trace of wear and wonderful eye appeal. There are a few light hairlines here and there, but no real contact marks of any kind. The coin has the typical weakness on the breast feathers that the early die state S3 die pairs normally have. It looks like wear, but I think this coin shows very little actual wear. This would make a great addition to a MS registry collection because it is labeled under the MS designation. Also with PCGS now designating S-numbers on the holder, the desirability of this coin cannot be understated.

http://www.indiancent.com/market/56s3c58p.jpg


Now that I have confirmed the hairlines are definitely there on my coin, once I can examine it I should be able to tell whether the marks are die polish or contact marks. They are probably contact marks, so how can I determine whether they are from a bad cleaning job or wear marks?

The more I think about this coin, the more I want to get it professionally graded!
Edited by FroDaddy
06/06/2007 12:43 am
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United States
23731 Posts
 Posted 06/06/2007  12:49 pm  Show Profile   Bookmark this reply Add echizento to your friends list
Very nice coin, I don't see any wear so I'm going to grade it MS63

Ron

Knight of the Coin Table#56
Valued Member
United States
107 Posts
 Posted 06/09/2007  7:36 pm  Show Profile   Bookmark this reply Add FroDaddy to your friends list
I made an attempt at scanning the coin through the holder. The level of detail in the pictures isn't that great compared to how beautiful the actual coin is. I tried to adjust the brightness, gamma, and exposure in these pictures to show the color of the coin when a light is shining on it. I definitely has a brilliance to it, and the level of detail is really nice.

However, after using various angles to reflect the light I can definitely see hairlines. They are VERY hard to see with my 10x magnifier since the angle of light has to be perfect to bring them out. Unfortunately, once I got the hang of it there are much more of them than what the pictures originally indicated. Not only are they between the date and the bottom of the eagle, but there are some less pronounced ones on the top of the eagle. On the back of the coin there are some very faint hairlines in some areas, but they are there.

To me it looks like the coin has been cleaned, but I did notice something. The coin arrived in a traditional cardboard / plastic holder that is stapled together. There is handwriting on the outside front of the holder, but the right staple is missing. If the coin were to be slid in and out of the holder horizontally on the right, the angle of the hairlines perfectly matches if someone were to align up the coin with the handwriting. Could the plastic be abrasive enough to cause hairlines on a coin if it were slid in and out several times?

However, I have decided that I will keep the coin and I am going to send this coin off to ANACS to be graded! I will post a follow-up once I get my coin back!!

Also, the back has a -30deg rotation on this coin. I compared it to my other eagles to be sure I wasn't seeing things.

Image: 1858-Flying-Eagle-Small-Letters 1858front.jpg
79.28 KB

Image: 1858-Flying-Eagle-Small-Letters 1858back.jpg
86.79 KB

Image: 1858-Flying-Eagle-Small-Letters holder.jpg
17.04 KB
Edited by FroDaddy
06/09/2007 8:45 pm
Pillar of the Community
United States
6386 Posts
 Posted 06/09/2007  8:40 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
It will be very interesting to hear how ANACS grades your flyer. Please post a photo of your slabbed coin when you get it back. Hopefully you'll be satisfied with the grade. Fingers crossed!
This thread is a good tutorial for the issues one should consider when buying raw coins. Everyone loves a bargain, and there are bargains out there. You have to be careful, and you have to acknowledge that each purchase has risks. You balance the risk against the opportunity and go for it when you believe the balance is in your favor.
Valued Member
United States
107 Posts
 Posted 06/10/2007  3:55 pm  Show Profile   Bookmark this reply Add FroDaddy to your friends list
I have changed my mind about getting this FE graded. Something that I've always wanted to do in collecting is purchase a good example of each US coin type, and after learning what a "7070" is I purchased an album today!

I have a new direction and goal with collecting, and if I ever need to sell this FE I'll have it graded at that time.

My final thoughts on this coins grade is MS62 if it hasn't been cleaned, but if it has been cleaned then I feel ANACS would give it the highest "MS60 details" grade.

Thanks for all the responses!
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