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 Replies: 49 / Views: 7,933 |
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Valued Member
 United States
65 Posts |
Gary, I guess I am too married into the EAC way of looking at grading. Not only do I look at the grade, but I also consider how the coin looks. That's why I mentioned the factors, Scudzy, Average, and Choice. I can understand what you say about the CAC sticker now, but even with the sticker, I will reject a coin if it doesn't meet one of those two top labels. I think I have one coin that has a green CAC sticker, and the only reason I have it is because the coin has outstanding eye appeal, in other words, it is very Choice for the grade.
Collectinsince65, Good luck to you in finding those elusive Morgans for your collection. That series is super difficult to finish.
Paralyse, Thanks. I imagine those at the Frisco Mint are always super busy with all the auctions and shows they attend trying to find those nice juicy specimens to sell at their business. That's probably the reason why I have gotten so many very nice coins. I'd say 75 percent of my collection comes from their inventory.
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Bedrock of the Community
United States
12057 Posts |
Lucas is a great guy. I've had the pleasure of meeting him and CVM @ 3 or 4 shows, super nice folks and extremely knowledgeable, and always loads of eye candy to look at (the Twin Leaf proofs come to mind!) I'm endeavoring to be @ EAC Pittsburgh next year. Yes, the EAC grading system is either love it or hate it. There doesn't seem to be much in-between. Sometimes people get upset when I tell them that in my opinion their coin is a 40 or 50 and the little label in the plastic holder says AU55 or MS63, and I have to provide a TPG grade opinion instead (EAC 40, TPG 55) etc. On the other hand, you can tell so much more about a coin with a good description, a holdover from the days before the Internet and cheap high-res photography when the only way to "see" a potential purchase was to visualize its description, whether on a price list or in an auction catalog. At least EAC still understands that a grade is subjective from person to person and that just because TPG says a coin is MS63, doesn't mean everyone who thinks otherwise is wrong. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Valued Member
United States
65 Posts |
paralyse, Hope you can make EAC Pittsburg. I surae would love to go, but it is either save the funds for that trip, and have nothing left for these wonderful coppers, or buy my coppers, which I doubt I could do without for an entire year. I wanted to let everyone that has been to this thread that Tom Reynolds is selling the following on his website https://earlycoppers.com/PENNY PRICES by William Noyes 4th edition for $43 Grading Guide for Early American Coppers for $55 His site is a bit odd in the navigation, so you click on the Penny Prices to get you to the next page to order. Then scroll down, and you will see the Grading Guide, which you click on to order that. He takes about a week to get the books out, so be patient. I wasn't, and ordered another copy of Penny Prices, which is also on the way. Guess I will have two copies. I probably will use both to death. If anyone is familiar with "Copper Quotes" by Robinson, Mr. Noyes continues that work, though in a much more concise format. I listed my coins in the NGC Registry under Custom Sets. NGC took what I entered for pricing, and then added their version of the coins value. Taking the book by Noyes, and comparing, there is a very large discrepancy between the prices. Also, be prepared for the slab holder grades to be downgraded to EAC levels which Noyes provided a general guideline for, if you are not familiar with EAC grading. This is one reason I purchased the grading book. I also tend to like to obtain coins that Mr. Grellman has personally which eliminates any question of grade. Based on what I can see, you would be better off selling your Early coppers to another coppers collector, rather than a dealer, or even having them auctioned. But if your collection is so big and high grade, you probably are stuck with an auction. Anyway, just thought I would pass on these two books, in case anyone wishes to invest in them. I believe they are well worth the $100 for the pair. CaleyAnn |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Gary, I guess I am too married into the EAC way of looking at grading. Not only do I look at the grade, but I also consider how the coin looks. That's why I mentioned the factors, Scudzy, Average, and Choice. I can understand what you say about the CAC sticker now, but even with the sticker, I will reject a coin if it doesn't meet one of those two top labels. I'm married to the EAC grading system as well, but to a large part I have gotten away from grading altogether. Fo r me now decisions are made along the lines of "Do I need it?", "Do I like it?", "Do I like it for the price they want?, "What are the odds I could get a nicer one around the same price?", and "Can I afford it?. Usually with the stuff I chase now it boils down to the first and second question. Quote:I wanted to let everyone that has been to this thread that Tom Reynolds is selling the following on his website https://earlycoppers.com/PENNY PRICES by William Noyes 4th edition for $43 Thanks for that Info, I have the first and second editions, I was unaware Bill was still publishing it. Quote:
If anyone is familiar with "Copper Quotes" by Robinson, Mr. Noyes continues that work, though in a much more concise format. Yes I am, frankly I always likes CQR better than PP because Frank spent more time discussing the nuances of grading and the Scudzy/Average/Choice differences, plus the breakdown of the prices for each variety into all three categories. Quote:
But if your collection is so big and high grade, you probably are stuck with an auction. In which case consider Goldberg Auctions, they have handled many stellar Copper collections and have a strong following in the copper community. And that is what you want if you are selling a large high end copper collection. |
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Pillar of the Community
United States
789 Posts |
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In which case consider Goldberg Auctions, they have handled many stellar Copper collections and have a strong following in the copper community. And that is what you want if you are selling a large high end copper collection. Would this be better than selling in the annual EAC auction? |
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Bedrock of the Community
United States
12057 Posts |
The EAC auction always brings strong results. KV has been doing a great job curating the catalog over the last couple of years.
The latest PW, I read through EAC sale results, and I didn't see maybe one or two under $100, out of 100+ lots sold.
That being said, Stacks, Goldberg, and Heritage all have a strong copper following as well.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
789 Posts |
Here is my 1852, which I have not gotten around to attributing yet, as I am working my way up the ladder.   |
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Pillar of the Community
United States
1913 Posts |
joecoin, looking at the picture, it seems to have a restamped 2.
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Pillar of the Community
United States
789 Posts |
Yes, I believe it does.
I'll get a close up to post sometime soon.
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Pillar of the Community
United States
3160 Posts |
looksl like N-1 late die state to me joecoin
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Pillar of the Community
United States
789 Posts |
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looksl like N-1 late die state to me joecoin Aww, now you've gone and ruined my fun! Now what will I do this winter? Guess I could make sure you are correct.  |
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Pillar of the Community
Germany
1849 Posts |
If I may ask a related question regarding the pricing guides: I have always used CQR as a guide, as well as prices realised to give me an idea what current prices are for large early coppers.
A couple of you guys have mentioned the pricing guide by Noyes, and If I remember correctly The 'Early Cent Grading Guide' mentions this as well. What is your opinion on the differences / advantages of either one. I may consider getting a copy of the Noyes guide next time I am in the US but would like to hear opinions if possible. Thanks!
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Bedrock of the Community
United States
17884 Posts |
Well one big advantage of Noyes's Penny Prices is that they latest issue is a lot more recent. The last issue of CQR was published nine years ago, There have been three editions of Penny prices since then. As far as content went I preferred CQR, but since it is no longer being published it is pretty much moot.
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Valued Member
United States
65 Posts |
Sorry I've been away for a few days.
JoeCoin, Definitely a very late state N-1 The 2 is a result of the deterioration of the die. This happens even on modern coins, where the numbers will start looking like double dies. All it is is due to die wear. Joe, if you collect die states of a particular Newcomb variety, then you have a really good one to start with. Now you need to look for an early die state so you can see the differences. Some well known collectors not only collected as many of the Newcomb varieties, but also collected die states.
CQR is still a very good reference, and I do use it a lot. But it is nice to see what current prices are for choice coins of different grade, especially since I try to only collect choice specimens, regardless of the grade. You can occasionally find an EF45 that looks so nice, you might mistake it for an AU55. Usually those lower grade coins are rarities that I cannot afford in higher grades.
I'm still waiting for my Grading Guide. I think the owner of the business I ordered from is back East, and that is why it is taking so long.
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Pillar of the Community
United States
7375 Posts |
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Replies: 49 / Views: 7,933 |
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Posted 08/09/2019 9:39 pm
