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 Replies: 17 / Views: 2,202 |
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Pillar of the Community
United States
1021 Posts |
I do think the grade offered by coinhunter lines up well with Fine according to PCGS Photograde. You should check that out. The coin you presented is not just cleaned, it is harshly cleaned. This coin sold for about $40....I think Coinhunter is again right with his assessment on price as well. https://www.ebay.com/itm/363851341675 |
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Valued Member
 United Arab Emirates
204 Posts |
I looked at the auction result and the PCGS photograde. Coo hunter is right. I was wrong.
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Bedrock of the Community
United States
94367 Posts |
Might make low VF sharpness, but a details coin in any event (cleaned).  to the CCF! |
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Valued Member
United Arab Emirates
204 Posts |
A question for coinhunter, why is it that APMEX is selling AU Morgans for $48 and cleaned AU Morgans for $46. I was really shocked to see that. I was expecting the cleaned ones to sell for a lot cheaper. Btw does anyone here know how I can directly reply to a comment. |
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Bedrock of the Community
United States
94367 Posts |
I thought we were talking about an 1844 cent? Please stick to one topic per thread - otherwise replies get confusing.
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Valued Member
United Arab Emirates
204 Posts |
The topic is about the 1844, but since coinhunter said that the value will take a big hit with the cleaning I thought I might mention examples of coins where that's not the case. I apologize.
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Pillar of the Community
 United States
5686 Posts |
Agree with F details, cleaned. The severity of cleaning correlates with the impact on value. Morgan dollars are a different situation, because there is a floor on their value based on silver content. You had asked about grading in your other post, and this definitely would not be a good candidate for grading by a TPG. |
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Moderator
 United States
54283 Posts |
1844 over 1881 is impossible
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
701 Posts |
Learn something new everyday....What can I say, I need help just as well.
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Valued Member
United Arab Emirates
204 Posts |
"1844 over 1881 is impossible"
I don't understand this comment. Please help.
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Pillar of the Community
United States
1021 Posts |
The date was originally punched upside down, so the "81" is actually the first two digits of the date "18". While not probable, its not impossible when you think about how the dates were struck into the dies by hand.
This is why its called the 1844/81. Its not over an 1881 cent, just remnants of an upside down date.
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Bedrock of the Community
United States
18717 Posts |
Quote:
1844 over 1881 is impossible what? i agree with the cleaning and the coin I have at F15 details PCGS shows a straight grade at $140 retail. the last one sold was for $120. the coin does not have the value to warrant slabbing imo, its a very specific coin that unless someone is looking for one may be a challenge to unload even if its slabbed and I dont think they would pay a premium for that. i'd say $40-60 range. if the cleaning was not this bad it could go for more. one similar to yours with about the same grade and cleaned recently sold for $40 on ebay |
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Pillar of the Community
United States
5887 Posts |
Quote: A question for coinhunter, why is it that APMEX is selling AU Morgans for $48 and cleaned AU Morgans for $46. I was really shocked to see that. I was expecting the cleaned ones to sell for a lot cheaper. I think Zurie explained it perfectly. The silver content in Morgan dollars keeps their price at a minimum. Even if they are a little damaged or cleaned, they still maintain their value at that price point because of their silver content. Quote: The severity of cleaning correlates with the impact on value. Morgan dollars are a different situation, because there is a floor on their value based on silver content. Well said Zurie! -CH27 Collector of U.S. Coins, Varieties, and Colonial Coinage
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Valued Member
United Arab Emirates
204 Posts |
So just a simple cleaning brings the value of a coin from $140 to $40? I just don't get it. I don't know why it makes no sense to me that there would be such a huge difference between the two.
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Pillar of the Community
United States
1021 Posts |
People like collect original (uncleaned) coins. There is a much larger market for original coins, and unfortunately a cleaned coin will bring significantly less (usually more than 50%) of the uncleaned counterpart.
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Posted 06/07/2022 4:07 pm
