| Author |
 Replies: 17 / Views: 2,073 |
|
Valued Member
Poland
263 Posts |
Hello. Here is my new coin, 1798 Large Cent S-164, R-4. I know it is not problem free coin, but I bought it, because of quite nice details and because color looks natural to me. I did not like surface issues and huge scratches, but it is 215 year old coin, so I forgive this:) I am always asking you about price which I paid, because I do not have too much money to spend on coins. This time I paid 145$ (with shipping) for this coin. It is one of my most expensive purchases, so I hope I did not overpaid... Please grade this coin for me and tell me the truth about price which I paid:) In my opinion it is F details coin. And one more thing - I believe that weak points on the date, are natural for this Sheldon number, because I saw few other examples with the same weakness. Thank you for all anwers.   Edited by thusdayclub
01/18/2014 08:06 am
|
|
|
|
Pillar of the Community
United States
4897 Posts |
Nice example. F12 Details. $145 seems about right for this one.
|
|
Pillar of the Community
Germany
1849 Posts |
I would agree with your details grade of F12, maybe a little bit lower at VG10.
Per CQR (Copper Quotes by Robinson) I would furthermore consider the overall condition of the surfaces to be approx. average to average-.
(this has to do with the equality of the planchet and surfaces).
Finally, one must consider the obverse scratches which do detract (but which fortunately are not located across the face - that would be more distraction imo).
CQR assigns for an average- coin a value of $ 125 in GD5, $ 350 in VG8, and 390 in F12. Personally in would net grade at about VG7 so a value of
$ 250 - 200 seems about right. I would have certainly have bought it for the price you paid, and I think you did well.
|
|
Pillar of the Community
United States
688 Posts |
Fine- details.
You did fine price wise
|
|
Bedrock of the Community
United States
36575 Posts |
|
|
Pillar of the Community
Canada
5417 Posts |
|
|
Pillar of the Community
United States
1554 Posts |
F15/12. GERMANICVS is spot on with his assessment, the only difference in my eyes is the net grade which I would set at G6 or G5 (grade=value) for medium granularity, nicks on obverse rim and field, and the scratches. All in all a very good buy and decent coin.
Edited by 1893S
01/18/2014 2:12 pm
|
|
Moderator
 United States
23522 Posts |
I should hope that you're beginning to realize, after almost a year of posting and asking intelligent questions here, that you've a pretty good eye for coins and an appropriate sense of value. Even better, you know when to ask before you leap. This purchase is just another bit of proof.  |
|
Moderator
United States
16677 Posts |
I'm also seeing F12 details. The price was fair taking into account the problems.
swcoin.ecrater.com
|
|
Pillar of the Community
United States
3229 Posts |
Fine coin w/ forgivable details for a fair price. Very nice Coin! Congrats! |
|
Pillar of the Community
United States
1003 Posts |
|
|
Valued Member
 Poland
263 Posts |
GERMANICVS it is very interesting, I did not know anything about CQR.
SsuperDdave - thank you for very kind words, I am trying to learn as much as I can, many of my knowledge is from you guys, thanks!
|
|
Bedrock of the Community
Canada
11922 Posts |
|
|
Pillar of the Community
United States
9792 Posts |
I'm at F12 details I think the price you paid is quite good for this coin even with the issues. I'd be happy to have it I my large cent collection!
"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
5854 Posts |
|
|
Pillar of the Community
United States
1211 Posts |
F12 details, scratched. Some might describe the surfaces as lightly granular, but to me it looks natural enough not to detract. EAC grade, G6? I think you paid a fair price for this coin. Congrats.
|
| |
Replies: 17 / Views: 2,073 |
Posted 01/18/2014 09:33 am
