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Mystery Of The Missing Rarity 1 US Braided Hair Large Cent 1852 Newcomb 10

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paralyse's Avatar
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12057 Posts
 Posted 08/04/2019  4:12 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Your eyes are better than mine! :)
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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Jon Brand's Avatar
United States
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 Posted 08/04/2019  4:45 pm  Show Profile   Bookmark this reply Add Jon Brand to your friends list Get a Link to this Reply
While I can't add much or any knowlege here regarding the variety, I will say that I had been watching the coin you posted a few weeks and saw it finally sold a week ago. I considered buying it but chose this n-22 instead because of the luster, but just love the color on yours.. I don't mean to hijack the thread but figured I'd post it here again.

Mystery-Of-The-Missing-Rarity-1-US-Braided-Hair-Large-Cent-1852-Newcomb-10
Mystery-Of-The-Missing-Rarity-1-US-Braided-Hair-Large-Cent-1852-Newcomb-10
Mystery-Of-The-Missing-Rarity-1-US-Braided-Hair-Large-Cent-1852-Newcomb-10
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Conder101's Avatar
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17884 Posts
 Posted 08/05/2019  07:53 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I believe that generally a collector buys more than on of a variety because they are either collecting die states, or that they found an unusual specimen.

Dan Holmes collected a fair number of die stages.

Oh and on the EAC grading guide, just got my copy of Penny-Wise yesterday and Chris McCawley has copies advertised for sale $55. Hmmm just looked at his website and don't see the book listed. You might try contacting him to see if they still have copies http://www.earlycents.com/index.htm
Edited by Conder101
08/05/2019 07:54 am
Bedrock of the Community
United States
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 Posted 08/05/2019  07:56 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
All of this is a reason so few even try to collect Large Cents.
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joecoin's Avatar
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789 Posts
 Posted 08/05/2019  08:36 am  Show Profile   Bookmark this reply Add joecoin to your friends list Get a Link to this Reply

Quote:
All of this is a reason so few even try to collect Large Cents.


The real reason is it takes a high level of intelligence to collect US Large Cents, something which most people lack.
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uslccollector's Avatar
United States
65 Posts
 Posted 08/05/2019  1:35 pm  Show Profile   Bookmark this reply Add uslccollector to your friends list Get a Link to this Reply
Jon, I also looked at the same coin you have, and considered it. It is truly a beauty. The only reason I didn't jump on it was because I have one from the ISKRA Collection in AU58. And no, you aren't hijacking the thread. I wish other people would post what they have, and talk about the coin.

Condor, I saw the same advertisement, and went right to their website. Couldn't find it there, so I guess I will write, but the problem is that each time I have written, I have never received and answer, unless it was concerning a coin for sale.

There have been many collectors who have been very interested in the minting of these beauties. Following how the dies wear is very interesting. The metals they used back then are nothing like what are available today. The dies tended to wear much more quickly. You can see where the Mint would go in, and work on a die that was starting to wear, trying to extend its life. Many got to the point where the die would start breaking. This is one reason why I want to pick up a copy of the new EAC grading book. I am hoping it also covers dies states.

I collect Early Coppers simply because they are much more interesting than modern coppers. I do have a simple collection of Lincoln Cents, but they have been generally gotten from circulation over the past 30 years. I'm still missing the key dates, and quite a few of the semi-keys, and other scarce dates. But Early Coppers require you to do a little work and research if you really wish to understand just how they were minted. I'm not sure it takes more intelligence, but probably requires just a little bit more curiosity in the person. I was all over the place in my early collecing days. I tried to collect everything, and never got anywhere. Loved the coins I got, but none of the coins stretched my interest to the point where I would sit down and study them. Then I met three wonderful people at the Long Beach Coin and Collectibles EXPO. They were Jack Beymer, Doug Bird, and Tom Reynolds. They took the time to talk with me, and explain many details about the coin, and collecting them in general. Tom sold his outstanding collection a couple years back. Doug Bird has his collection coming up for sale this coming January. I hope I can obtain a copy of his auction catalogue.
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Conder101's Avatar
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 Posted 08/06/2019  10:53 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Goldberg is good about sending catalogs, just go to there website a register to get a customer number and you will probably start receiving them. I've only bid a few times, and won less, but I have been receiving their catalogs for years.
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uslccollector's Avatar
United States
65 Posts
 Posted 08/06/2019  11:11 am  Show Profile   Bookmark this reply Add uslccollector to your friends list Get a Link to this Reply
Gary, Thanks so much for the tip. Way back in the early 70's I drove up to Hollywood, California, or some city near there to visit an auctioneer about catalogues. Unfortunately they didn't just give them away. I think that even back then it cost me $10-15 for one, which back in those days was a lot of money.

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uslccollector's Avatar
United States
65 Posts
 Posted 08/06/2019  11:21 pm  Show Profile   Bookmark this reply Add uslccollector to your friends list Get a Link to this Reply
I wrote EAC today, and got a reply from William Eckberg, the President. He is going to forward my message to Bob Grellman, who most collectors know as one of the foremost experts on US Large Cents. I am sure he has some idea just why it is so difficult to find a specimen of the N-10.
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uslccollector's Avatar
United States
65 Posts
 Posted 08/07/2019  10:20 am  Show Profile   Bookmark this reply Add uslccollector to your friends list Get a Link to this Reply
I found a response from Bob Grellman in my mail this morning. He said:

"I think your analysis is on target. 52N10 is a tough variety in 40-58 grades.
The overall rarity rating is 2+ but it's very close to R3.

My condition census for the variety is 65-63(5)-62(2)-60(4)-58(2). So getting a mint state
example is doable but not easy relative to most varieties of the year.

I commend your use of the Frankenfield and Holmes auction catalogs. And the Robbie Brown (Superior)
6/3/02 & Ted Naftzger (Goldberg) 9/7/09 catalogs can be helpful as well. I wrote all of them so
I may be a bit prejudiced.

Don't give up on finding a nice 45-58 grade of the N10. And don't settle for lesser quality.
Quality is key. Junk will always go begging in the marketplace but quality will always have eager buyers.

Good luck. And don't hesitate to contact me if you have more questions. Happy collecting."

Bob

So, it looks like the rating I gleaned of Rarity 1, isn't quite what it should be. And it looks like
the rarity rating goes way up to about a 6 or 7 when talking about higher grades. On top that, when you
want something considered Choice, that rarity level probably goes up to an 8, as not even those graded
by TPG companies take into account how a coin looks, unless it has a major problem.

I guess the word is vigilance. Just keep at it, looking for the coin you desire in your collection.
Good luck, and enjoy the hunt.

CaleyAnn
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edweather's Avatar
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7375 Posts
 Posted 08/08/2019  06:59 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
An 1852 N-10 AU53 in a PCGS holder CAC, sold at Heritage 1/31/17 for $152. Sounds like a pretty good deal now.
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uslccollector's Avatar
United States
65 Posts
 Posted 08/08/2019  10:53 am  Show Profile   Bookmark this reply Add uslccollector to your friends list Get a Link to this Reply
edweather, Yes, an AU53 would be a wonderful acquisition. Of course, there are scudzy, Average and Choice versions found in that grade. I would much prefer the coin to be at least Average, but preferably Choice. I think CAC was a good Idea at one time, but I have seen CAC rated coins that I just cannot figure out how that coin deserved the sticker. I thought the coins were supposed to be the best of the best for a certain grade. Guess I am wrong, and a coin only needs to be Average.
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collectinsince65's Avatar
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320 Posts
 Posted 08/08/2019  7:38 pm  Show Profile   Bookmark this reply Add collectinsince65 to your friends list Get a Link to this Reply
Absolutely awesome thread CaleyAnn.
VAM collector here.
I too took some time away from the hobby.
Bout 20 years
Amazing to find what still floats out there
As you said
Keep up the hunt!
Mike
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paralyse's Avatar
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12057 Posts
 Posted 08/08/2019  10:10 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
If you ever need anything from Chris let me know and I will shoot him a text or PM.
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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Conder101's Avatar
United States
17884 Posts
 Posted 08/09/2019  09:10 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
but I have seen CAC rated coins that I just cannot figure out how that coin deserved the sticker. I thought the coins were supposed to be the best of the best for a certain grade. Guess I am wrong, and a coin only needs to be Average.

Yes you were mistaken, the CAC green sticker only means that it is solid for the grade. So what it really means is that this coin is not a low end piece. People usually think it means they are high end and it doesn't mean that.
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