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1795 Reeded Edge Large Cent Appears For The First Time In 50 Years

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 Posted 08/06/2015  3:00 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
I would take a VG corroded specimen any day of the week!
This coin will have a feeding frenzy of bidders giving it's limited availability and it's somewhat affordability.
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 Posted 08/06/2015  3:12 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
What's your guess on hammer price vermont?
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 Posted 08/06/2015  3:26 pm  Show Profile   Bookmark this reply Add kakaratt77 to your friends list
VG details my butt,,,,someone high up was shown favoritism on that piece, rare or not....
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 Posted 08/06/2015  3:34 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I ain't vermontensium, but it's in my mind that it'll take at least a half-million bucks to stand a chance of taking this one home. There are some Large Fish swimming in the waters of Early Copper varieties, as evidenced by the $1.3M that a PCGS VG-10 example fetched last year.
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 Posted 08/06/2015  3:54 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list

Quote:
The 1/2 known specimen is a holed full obv brockage piece. The "only use" obv is there but the 'only use" rev isn't.)

Need help here.
Why would it be holed back then? A test for purity in the metal?
Thanks , just a new guy on the CCF.
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 Posted 08/06/2015  3:58 pm  Show Profile   Bookmark this reply Add Cascade to your friends list

Quote:
half-million bucks


Ok, well I'm out

Plus it's not a morgan anyway
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 Posted 08/06/2015  4:44 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
For $500k, Cascade, imagine how many MS 1893-S Morgans you could pick up, or 1879-CC/1893-CC, or 1895's, or Zerbe proofs...

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 Posted 08/06/2015  5:33 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
No, I actually thought about it and I'd throw down a touch more for the jack lee 1889cc

If I'm on the next season of Alone, and win the 500K purse, I'm in. I do know a few producers over at Leftfield Productions so who knows but probably not lol
Edited by Cascade
08/06/2015 5:37 pm
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 Posted 08/06/2015  5:58 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
Just make sure you take LOTS and LOTS of pictures for us ;)
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 Posted 08/06/2015  6:00 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
Oh, I'd love to have $500k of DMPL Morgans, by the way. Imagine a full-wall-length mirror made up exclusively of DMPL Morgans.

Could buy a pretty nice Chain cent collection for 500k, maybe even with a Strawberry Leaf...or not, I haven't checked prices on one in years.
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 Posted 08/07/2015  1:28 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Need help here.
Why would it be holed back then? A test for purity in the metal?

It almost certainly was not holed by the mint. The hole is a small one at the top of the obverse and it was most likely holed and worn as "jewelry" at some point between 1795 and the 1940's when it was recognized for what it was.
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 Posted 08/07/2015  2:22 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Makes you wonder what the most expensive coin with a hole in it is
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 Posted 08/07/2015  3:12 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
Massachusetts Pine Tree coinage, and territorial gold pieces, and a few other very scarce colonials and state coins bring in big bucks even with holes and repaired holes, but rarely above $500k.

For the "real" big bucks, look to the ancients and medievals, where some coins are so impossibly rare that holes don't even remotely make an impact on the value, easily busting through the $500k mark when you get into the "1 of 15" or "1 of 10" or "1 of 5" or even "1 of 2" rarities..

I can't access auction catalogs here at work or I'd go look, but I'd bet on it being a Greek or Roman coin, or possibly pre-Norman coins (Saxon/Mercian/etc.) It's hard to get accurate pricing since most of these coins in this price range are rarely, if ever, offered for sale, being held by old money, royalty, or in museums.
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 Posted 08/07/2015  4:12 pm  Show Profile   Bookmark this reply Add jpsned to your friends list
The quote, "It's a thrill to handle this coin" makes me visualize a bunch of suit-wearing slobs passing it from one grubby, sweaty hand to the other as they drool uncontrollably.
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 Posted 08/07/2015  4:37 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Jpsned, did you see the episode of "Strange Inheritance" on fox news channel dealing with the discovery of the 5th 1913 Liberty nickel. If not, WATCH IT and it will illustrate the your visualization.

Its a little crass however to call them "suit wearing slobs" this is they're lifes devotion and they are tops in their fields. One can only aspire to be one of those "slobs"
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