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Replies: 24 / Views: 2,352 |
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Pillar of the Community
United States
8137 Posts |
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Bedrock of the Community
 United States
18725 Posts |
VF30 net VF20 due to the very porous planchet. Still a nice coin
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Pillar of the Community
 United States
1691 Posts |
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Moderator
 United States
23522 Posts |
I don't think you're too far behind the real-world power curve on this one. It won't quite make VF Details in a slab (market graded) where that price is justified but it's only a grade short and easily Fine detail (again, market graded). Now, here's the Pro Tip, the dirty little secret about Early Copper which is unique to that niche and nobody seems to realize: Buy Early Copper from the experts. Celticsoul is precisely right from an EAC standpoint, right down to EAC value. He'd sell you that coin for half what you paid, because as an EAC expert he'd only have paid $75 for it. And that's the secret - that market is developed and extensive. There are EAC guys out there selling copper for percentages of what it goes for on ebay and Heritage in slabs. It's like a parallel market, and nothing else like it exists in numismatics. Buy Early US copper from the experts.
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Pillar of the Community
United States
1566 Posts |
Quote: $212 delivered Ouch.
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Moderator
 United States
23522 Posts |
Quote: Ouch. Yes, but it's below VF Details market in a PCGS slab. Whether that's realistic or not, it's what they go for - I'm pulling my numbers from real-world sales and correcting for outliers.
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Moderator
 United States
16681 Posts |
Quote: As far as price I'd be willing to pay $60 to $75 for this coin. What would you sell it for..as R.1 15/10?
swcoin.ecrater.com
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Pillar of the Community
 United States
1691 Posts |
Check out Great Collections.com coin auction for classic head cents....prices are in line with what I paid.
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Pillar of the Community
United States
1566 Posts |
Quote: What would you sell it for..as R.1 15/10? The highest I could see this coin going for is maybe $120. If I could pick it up for a decent price I might sell it for $100. Quote: Check out Great Collections.com coin auction for classic head cents....prices are in line with what I paid Not for a coin with such heavy porosity. As SsuperDdave stated earlier we EAC members have sort of a cartel when it comes to buying and selling copper. Still, I don't really see this coin selling on ebay for more than $120. The only thing that matters though is whether you are satisfied with the coin and with the purchase. I can pontificate about it's condition or it's relative worth but in the end as long as you're happy that's all that matters.
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Pillar of the Community
 United States
1691 Posts |
better pics of my 1814 classic head cent change anybody's mind?  
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Moderator
 United States
15571 Posts |
I claim zero expertise on the topic ... early American copper is not an area of numismatics that I have studied. Do indeed appreciate and recognize the knowledgeable input for the CCF experts ... always here to support such questions. You folks are the best.  David
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Pillar of the Community
 United States
1691 Posts |
What does 15/10 mean when you attribute this coin?
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Pillar of the Community
United States
1566 Posts |
The better photos change the grade I'm willing to give the coin. By saying it was 15/10 I was saying that it had F-15 sharpness net graded down to VG-10 because of the porosity. With the new photos I see that the sharpness is better VF-20, and the porosity not as bad as it looked in the original photos. Now I'm willing to say 20/15, meaning VF-20 sharpness net graded down to F-15 because of the porosity. Bear in mind too that these are EAC grades. Market grading by the TPGs tends to be higher. Basically what I'm saying is that I would be willing to pay F-15 money for this coin. Higher than my original $60 to $75 estimate, more in the range of $150. In hand I'm sure it looks even better. I mean no offense grading copper coins low that's just how copper jerks like myself grade copper. We also take things like porosity and surface finish into consideration. Net grading is just a way we use to get around common copper issues like porosity or rim bumps. The TPGs would just say VF details and be done with it. My new attribution seeing the better pics is 1814 S-295 R.1 20/15.
Edited by Celticsoul 02/20/2015 6:54 pm
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Pillar of the Community
 United States
1691 Posts |
Thank you for your expertise...so maybe I didn't overpay too much for this coin. I feel better now... it really looks good in my type set!
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Pillar of the Community
United States
1566 Posts |
That's all that matters. 
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