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Early US Coppers At An Estate Sale

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Pillar of the Community
United States
7375 Posts
 Posted 03/16/2018  9:22 pm  Show Profile   Bookmark this reply Add edweather to your friends list
Yea, if you aren't sure of what you're buying, it's best to pass, unless they're giving it away.
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 Posted 03/16/2018  9:39 pm  Show Profile   Bookmark this reply Add Spence to your friends list
I agree that the '93 and '96 seem out of place. Perhaps they are real, or perhaps the seller had read this American Heritage article from 1968:

http://www.americanheritage.com/con...lt-gold-mine
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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United States
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 Posted 03/16/2018  9:48 pm  Show Profile   Bookmark this reply Add MikeF to your friends list
How much was he asking for them? I agree that it looks suspicious but we've had a few members find some coins in similar lots over the last year that made me fall out of my chair. So anything is possible.
Bedrock of the Community
United States
10284 Posts
 Posted 03/16/2018  9:50 pm  Show Profile   Bookmark this reply Add TNG to your friends list
Chances are you weren't the first one to come along. He's fishing for the best price offered. Somebody else already offered too much.
Drives me nuts when somebody won't give you a price and asks for an offer.
When that happens, I just point out how worn bent up and corroded the lot is if I'm being used for a free appraisal.
I wouldn't mention the large and Half Cents, wouldn't even pick them up.
They may be real and they may be fakes.
A closer look would be necessary. I wouldn't show any interest because that would raise the price some more.
There are about 4 or 5 easily marketable Hard Times Tokens there by what one side shows. This isn't a coin shop sale. Tell him that there are plenty of other coins out there for sale and we aren't taping for next seasons American Picker's show.
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 Posted 03/16/2018  9:59 pm  Show Profile   Bookmark this reply Add Robby Bee to your friends list
Funny - he said to me "This is American Pickers and you are the expert."

I played it exactly like TNG and Mike F did - thumbed through it, said "there are a lot of fakes out there" and "most of these are tokens" and made two low ball offers.

I wasn't going to get burned by someone watching too much junking shows who found some old fakes and passed them off as real. I did ask myself, "he could have gone down to a local coin shop less than 1 mile away to check them out before going down the road with me. Why am I the recipient of such generosity if they're real?"
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 Posted 03/16/2018  11:54 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list
I think you made the right decision in walking on that lot. I also hate it when the seller will not give some sort of asking price to work with.

I don't know enough about those to have been able to come up with a reasonable offer, but I could have lowballed the heck out of it.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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 Posted 03/17/2018  7:49 pm  Show Profile   Bookmark this reply Add ProfLiz to your friends list
The 1796 Half Cent does not look right at all.
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United States
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 Posted 03/17/2018  10:44 pm  Show Profile   Bookmark this reply Add Sheldon Overton Baby to your friends list
The 1793 and 1796 are both 100% fakes for sure.
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 Posted 03/18/2018  11:54 pm  Show Profile   Bookmark this reply Add Robby Bee to your friends list
Really - What are the characteristics that set it off? My gut told me to stay away and you verified that. Just saved me at least $100 and a lot of second guessing!

Thanks.
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 Posted 05/20/2018  7:08 pm  Show Profile   Bookmark this reply Add Robby Bee to your friends list
I conferred with an expert on US coppers and from the pictures he said the 1793 large cent was probably an electrotype and the 1796 Half Cent was probably fake since it had the 1794 head - which it shouldn't; a 1796 should have a 1795 head.
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 Posted 05/20/2018  9:16 pm  Show Profile   Bookmark this reply Add Spence to your friends list
Glad to see that you have followed up with us!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Bedrock of the Community
United States
10284 Posts
 Posted 05/20/2018  10:02 pm  Show Profile   Bookmark this reply Add TNG to your friends list
I musta been cranky that night I posted on 3/16. Tonight I probably would think that, but probably not post it. LOL
Anyway, I am thinking about the tray in the picture tonight. I think the guy is probably a collector, having a coin tray like that to display them and these are his culls, castaways or problem coins.
Tonight I would have asked him to show me some of his good coins, and then walked away.
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 Posted 05/20/2018  11:35 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list

Quote:
I think the guy is probably a collector, having a coin tray like that to display them and these are his culls, castaways or problem coins.


You're probably right. I questioned the tray, as well. There were just too many negatives, or red flags, to the situation to make a deal.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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17884 Posts
 Posted 05/21/2018  9:46 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
from the pictures he said the 1793 large cent was probably an electrotype

A good contemporary electrotype can be worth $300 or so.
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 Posted 05/21/2018  9:58 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
As a Hard Time Token aficionado, There would have been these to perk my interest. In this condition most go for $10-15 at auction, I may have offered on those and the Civil War stuff, half is questionable. I would have offered $75 and been able to flip the real stuff for 3x.
Early-US-Coppers-At-An-Estate-Sale
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