| Author |
 Replies: 23 / Views: 2,329 |
Page 2 of 2
|
|
|
|
Rest in Peace
United States
17900 Posts |
It's a top end EF 45, I'd say, with superb surfaces. I wouldn't be surprised if NGC gave it a 50.
|
|
Pillar of the Community
United States
4469 Posts |
|
|
Rest in Peace
United States
10625 Posts |
|
|
Bedrock of the Community
United States
94367 Posts |
Boy, tough call. I guess I'll go with 40, but tempted to go higher. What a beautiful coin!  |
|
Pillar of the Community
United States
1788 Posts |
|
|
Bedrock of the Community
 United States
12057 Posts |
I want to take you... higher!  NGC and CAC agree that this 1826 (ex Rasmussen) is...AU58BN. My initial evaluation was of an AU53 nature with a bit of original luster around the portrait and devices. I think NGC may have "pedigree bumped" the coin slightly. Regardless of the technical grade, it's got absolutely stunning eye appeal and a worthy example of a Newcomb 5. Seller took a $200 loss, assuming they're the same ones who bought it when it was last on the market. I bid the coin at AU53.  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 Edited by paralyse
08/25/2015 8:56 pm
|
|
Bedrock of the Community
 United States
18687 Posts |
I missed this one by one grade. I had it at AU55. Red is peeking through all over the obverse and reverse. Too much detail for XF. But I didn't think it was strong enough for 58. Nice one
|
|
Pillar of the Community
United States
9792 Posts |
I too had this beauty at AU55 from NGC, and EAC AU50/53 - A real  worthy coin! "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Pillar of the Community
United States
7375 Posts |
OK, go ahead and hate me. So after the grade is posted two posters said they were close, that didn't post grade beforehand  I love it. Everyone thought it was 40-45. Frankly this one is overgraded imo. Too much wear for 58. I blame myself for the other two, but not this one. Probably AU53 |
|
Pillar of the Community
United States
4897 Posts |
 still see a 35/40ish coin.... |
|
Pillar of the Community
United States
1095 Posts |
Obviously CAC believes it to be strong for the grade. Don't know a lot about this issue, but the stars are real strong, there appears to be wear on hair at top of forehead but maybe its a weak strike or old die state.
|
|
Bedrock of the Community
United States
12057 Posts |
TPG is way different than EAC grading. EAC grading does not allow any wear on a MS coin, but TPGs allow it in lower MS. I will have to practice with my new EAC book on this coin later, and try to determine the sharpness, color, etc. and see what sort of conclusions I can come to. I have a bunch of old details large cents in 2x2's to work on 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 |
|
Pillar of the Community
United States
1554 Posts |
Beautiful LC, no distracting marks on either the obverse or reverse--hence the green bean. But, NGC really over graded this one, lord only knows why the AU58 grade. I'm at VF35 maybe EF40 because of the wear on the hair and hairbun also the wear on the wreath is very evident, this is my EAC grade. Wear like this doesn't happen overnight. This is an MDS as evidenced by the rim crumbling between star 4-7. But the coin is sharply struck, if you notice the sharply stuck stars and the strong inner circle on the obverse.. The N-5 is the most common die variety of 1826. She's a beauty!
Edited by 1893S
08/27/2015 6:19 pm
|
|
Bedrock of the Community
United States
12057 Posts |
I agree, 1893S. I had the coin "internally" at an AU53 ( TPG) with a "pedigree bump" of 1 or 2 grade steps (not at all uncommon for TPG slabs -- I have seen people get into bidding wars often over fairly common pedigrees like Binion Collection or some of the SS Republic coins, TPGs are not stupid and they take advantage of this to generate money.) I'll probably practice tonight (not buying) by looking at some listings and trying to arrive at an EAC grade of some sort and check the price vs. CQR and past auctions. That should help me learn what coins are, and are not, attractive at their sale price in terms of early coppers. I have a very nice Fugio, a Machin's Vermont struck over a C-Nova, and a Connecticut, but mostly the colonials are too far out of my price range for more than a "every few months" purchase, so I try to stick to higher VF or EF-AU half cents/large cents ( TPG) or VF (EAC) grades. My current quest is to find a Classic Head Large Cent in a non-details grade that has a good EAC grade (sharpness, color etc) that's not priced 5000000% over any reasonable value. I understand the planchets were of terrible quality, but I can pick up a much nicer Draped Bust in an EAC low VF range or better for the same money as will buy a G-VG Classic Head; these things seem bound and determined to stubbornly resist presenting themselves for bargains anywhere. Of course, with a decent Chain Cent being quite unattainable without selling a kidney, my "Cent Type Set" will have to wait for quite some time anyway! 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 Edited by paralyse
08/27/2015 8:04 pm
|
|
Pillar of the Community
United States
1554 Posts |
Quality LC's are addicting. Past auctions are a great start. Goldbergs is the best as Grellman graded most of their past auctions and is well respected for his service. Study the CQR and Robinsons writing on how to come to a grade. Grade=value. I wish you the best and you sound informed already and have the tools..
|
|
Page 2 of 2
|
Replies: 23 / Views: 2,329 |
Page 2 of 2
|
First Page
Posted 08/25/2015 1:14 pm
