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1809 Large Cent On Layaway

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Valued Member
United States
278 Posts
 Posted 06/22/2009  6:49 pm  Show Profile   Bookmark this reply Add rustyboy to your friends list
So you sold me all those nice dimes for nothing!?!
Rest in Peace
United States
5375 Posts
 Posted 06/22/2009  7:39 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list
Lol.

I'll find a nice one...

eventually.....

but could take awhile.

I told the dealer that I had been looking for awhile and was really ready to just fill this hole. He asked how long. I said a few months. He said it wasn't enough : (
Valued Member
United States
278 Posts
 Posted 06/22/2009  8:12 pm  Show Profile   Bookmark this reply Add rustyboy to your friends list
A true collector, your dealer.
Pillar of the Community
United States
6394 Posts
 Posted 06/28/2009  1:55 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
FYI, this ANACS-certified 1814 cent is on-sale from JJ Teaparty, for $1150. It's a more common date and is a "problem" coin with corrosion, but it has nice eye appeal, AU detail, and is already certified. A coin like this might adequately fill that hole in the type set at a reasonable price....


1809-Large-Cent-On-Layaway
Rest in Peace
United States
5375 Posts
 Posted 06/30/2009  12:39 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list
I don't really like the color on that one, but I'll definitely keep that in mind....can't seem to find most for close to that price.
Pillar of the Community
United States
2602 Posts
 Posted 06/30/2009  1:01 pm  Show Profile   Bookmark this reply Add mycrob to your friends list
1809 is a key date, and I actually think the price you paid was a good one. I have not yet come across an EF 1809 that was less than $2000, and they tend to have various problems like yours. It is very hard to find problem free large cents in higher grades- and this is a key date, too. I think you did well.
Bedrock of the Community
United States
12437 Posts
 Posted 06/30/2009  1:26 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
The Classic Heads consistently have the worst quality for any US produced cent series and the planchet quality on the odd dates (1809, 1811, 1813) seems to be much worse than that of the even dates. One thing to keep in mind for the Classic Head series is that some of the planchets used by the Mint were corroded even before the coin was struck. Many of the planchets were shipped from England in the ballast holds of ships so they occasionally came in contact with salt water for the trip across the pond. Also, they were produced during the era of the War of 1812 so that created another set of problems with the quality of copper supplies. If you are looking for a nice type example, an even date would be the way to go since the pickings are much better.

With that said, the original coin appears to be a decent example of a tough date. Sure, you could wait and look for that "perfect" specimen but it could take years and the value could go up hundreds of dollars in the mean time.
Rest in Peace
United States
5375 Posts
 Posted 06/30/2009  3:48 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list
Sent it back, it was just too much money for a type coin, but I also thought it was a decent coin for the money.
Rest in Peace
United States
4849 Posts
 Posted 06/30/2009  4:37 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
I would have kept it, but that's just me. That one is on my "need" list for XF+ Dansco set, I would have been honored to have that coin in my set.
Rest in Peace
United States
5375 Posts
 Posted 06/30/2009  4:40 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list
I was just really unsure, and when you're unsure about something $1500 (especially when you're only 20 years old) I find it best to err on the side of getting my money back.

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United States
532 Posts
 Posted 08/11/2009  9:09 pm  Show Profile   Bookmark this reply Add RFB to your friends list
I am always hot for large cents. Being a collector I love them all but with that pricetag I do feel you did the right thing.

So hard to let something go from your collection once it has been introduced. Even if it has only been a few days. What you probably avoided is 6 months down the road having it bother you and you would eventually seek out yet another one. Even two at a bargain is not as good as getting what you were looking for in the first place. A showpiece coin of its type.

Painful to remove it from your collection but come even just 1 year from now I very much doubt you will regret not keeping it.

-JMO
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United States
1415 Posts
 Posted 08/12/2009  11:07 am  Show Profile   Bookmark this reply Add wwhitman to your friends list
Good decision. For that kind of money, you should get something problem free.
Now I just got a Seated dime. It is now in my collection permanently!
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United States
3294 Posts
 Posted 08/12/2009  11:15 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
Only 20 and buying $1500 coins? Wish I could do that. Instead I get to spend that on my mortgage. Hang in there, you will find something eventually.
Edited by nod2003
08/12/2009 11:15 am
Rest in Peace
United States
5375 Posts
 Posted 08/13/2009  02:25 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
Yeah, hopefully I finish this before I have a family or anything, because I won't be able to spend much by then.

I have not spent $1500 on a coin recently, but I DID pick up a few real nice type examples:

http://cgi.ebay.com/1869-SHIELD-NIC...ty_W0QQitemZ360160727740QQcmdZViewItemQQptZCoins_US_Individual?hash=item53db4092bc&_trksid=p3286.m20.l1116

http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT

http://www.teletrade.com/coins/lot....imagetype=j2

http://www.teletrade.com/coins/lot....730&lot=1013

My job has been real slow lately (I teach piano), so I haven't had as much money. I also have just tried to focus on type lately and haven't bought as much, so just as well I suppose.

I really love the color on that Indian. Instead of shelling out a few hundred bucks for an MS-65 RD, I paid only $95 and I actually think it's far more appealing than most red cents I've seen (IMO).

The quarter is nice too, I have an MS-63 one, but this has a stronger strike and is better for my type set since it isn't so expensive.

The Shield nickel...I'm assuming it'll look better in hand, and thought that was a good price especially considering it's in an old slab.

And the Morgan dollar is an upgrade, it's very nice...wanted one a bit more flashy than the one I have now. I will crack them all once I've got a good number, since I tend to take about 5 down to the garage at a time with the hacksaw.

I think that the TPG's can be off on gold, basically. I have seen MS-62 coins and MS-64 coins that look essentially the same. So, I am looking to get a slabbed MS-62 that looks high end and could be an upgrade, since there tends to be a big jump from 62 to 63 on a lot of gold. I am garbage with the indian gold pieces especially, so I am getting them slabbed.
Rest in Peace
United States
5375 Posts
 Posted 08/13/2009  02:36 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
And wwhitman, glad you like the dime!
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