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Posted 03/10/2016 2:51 pm
The coin has EF sharpness, but the pits would give it a "details" grade. Overall I'd say that it is worth Fine money.
The copper for these coins came from the good old U.S.A. This was before the mint started to import planchets from England. The quality and purity of the copper was suspect, and it's been my experience that the Wreath Cents were among the worst. The piece in my collection, which is a Sheldon 11-C is lucky that it did not split in half. There is more than one alloy here! Here it is.
NGC put this one in an AU-50 holder, which is nuts.
The commerical pricing grade, even with the rims would be EF-40. EAC (Early American Coppers) would have this one down to VF-25, but you would still pay EF money for it.
For those who are not familiar, EAC grading is ultra conservative, but it is in some ways more reasonable because it does not reject copper pieces with problems the way the grading services do. It provides a sharpness grade, describes the problems and gives a net grade.
The copper for these coins came from the good old U.S.A. This was before the mint started to import planchets from England. The quality and purity of the copper was suspect, and it's been my experience that the Wreath Cents were among the worst. The piece in my collection, which is a Sheldon 11-C is lucky that it did not split in half. There is more than one alloy here! Here it is.
NGC put this one in an AU-50 holder, which is nuts.
The commerical pricing grade, even with the rims would be EF-40. EAC (Early American Coppers) would have this one down to VF-25, but you would still pay EF money for it. For those who are not familiar, EAC grading is ultra conservative, but it is in some ways more reasonable because it does not reject copper pieces with problems the way the grading services do. It provides a sharpness grade, describes the problems and gives a net grade.
