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1797 Large Cent - Undergraded?

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TypeCoin971793's Avatar
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 Posted 04/01/2017  08:44 am Show Profile   Bookmark this topic Add TypeCoin971793 to your friends list Get a Link to this Message Number of Subscribers
I watched this one knowing it was quite premium for the grade. I wonder where she'll end?

http://www.ebay.com/itm/33216662607...RK:MEBIDX:IT
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RoyCoinBoy's Avatar
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 Posted 04/01/2017  08:46 am  Show Profile   Bookmark this reply Add RoyCoinBoy to your friends list Get a Link to this Reply
I sure wouldn't buy it with that bad of pictures, but yes yes it does looks quite alot higher than a F12
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TypeCoin971793's Avatar
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 Posted 04/01/2017  08:53 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Bad pictures? You can tell the details, variety, and surface quality. ANACS already says it is genuine.

(Not my coin. My definition of bad pictures is when one of the above criteria cannot be determined.)
Edited by TypeCoin971793
04/01/2017 08:54 am
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 Posted 04/01/2017  09:40 am  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply
I do not think it is under graded. But at least three people seem to think it is.

I am not sure of the variety but in fine Numismedia lists the 1797 from $600 to $960, so I am not seeing a large premium.

Or am I missing something here?
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TypeCoin971793's Avatar
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 Posted 04/01/2017  2:52 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Variety is S-136 as far as I can tell. Fairly common.
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billjones's Avatar
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 Posted 04/01/2017  2:55 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
I don't know how you can decide that a coin like that is "under graded" from those pictures. Yes, the color looks good, but you don't know about the surfaces. At they pitted? Have they been smoothed? What about the reverse?

The only picture that amounts to anything is the first one that shows the obverse with white streak across the middle. The other pictures are useless. Quite often ebay sellers post bad pictures for a reason, and it's almost always never for your benefit.

A lot of collectors treat the new ANACS coins like raw coins. I would agree with that opinion.
Edited by billjones
04/01/2017 10:38 pm
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Coinfrog's Avatar
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 Posted 04/01/2017  4:58 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Amen.
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machine20's Avatar
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 Posted 04/01/2017  9:58 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
The obverse looks really nice for sure
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billjones's Avatar
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 Posted 04/01/2017  10:42 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
How can you tell the variety from those pictures? If you can tell the Sheldon variety from those pictures, you are better than 99.9% of the copper guys I have met since I have been a collector.
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ExoGuy's Avatar
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 Posted 04/01/2017  10:51 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Close-up pics ... The seller's reverse pics aren't as close as the obverse ones. There looks to be some debris amid the letters on the reverse, but ANACS notes nothing. Net graded?


1797-Large-Cent---Undergraded?

1797-Large-Cent---Undergraded?
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TypeCoin971793's Avatar
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 Posted 04/01/2017  11:01 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
How can you tell the variety from those pictures? If you can tell the Sheldon variety from those pictures, you are better than 99.9% of the copper guys I have met since I have been a collector.


The spacing of the date, the spacing of the denomenator in the fraction, and the position of the two leaves at the top relative to the last S in STATES.
Edited by TypeCoin971793
04/01/2017 11:02 pm
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TypeCoin971793's Avatar
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 Posted 04/01/2017  11:04 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
I don't know how you can decide that a coin like that is "under graded" from those pictures. Yes, the color looks good, but you don't know about the surfaces. At they pitted? Have they been smoothed? What about the reverse?


Fair enough. I see your point.


Quote:
Quite often ebay sellers post bad pictures for a reason, and it's almost always never for your benefit.


I've only had a couple bad experiences with bad pictures on ebay. The rest were the seller not knowing how to properly photograph a coin.
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TypeCoin971793's Avatar
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 Posted 04/01/2017  11:04 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
There looks to be some debris amid the letters on the reverse, but ANACS notes nothing. Net graded?


I saw that and was wondering about it.
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TypeCoin971793's Avatar
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 Posted 04/01/2017  11:09 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
A lot of collectors treat the new ANACS coins like raw coins. I would agree with that opinion.


They are usually fairly good at detecting and mentioning problems. I have seen ANACS call some coins cleaned that would get a definite pass at NGC and PCGS. Sure their technical grading may not be accurate, but I would not completely cast them aside. But then again, I don't deal with as many coins as some of the people on this forum do.

And, to be fair, I treat PCGS and NGC coins as raw. They have become looser in their standards in the past couple years.
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Conder101's Avatar
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 Posted 04/02/2017  03:54 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
How can you tell the variety from those pictures? If you can tell the Sheldon variety from those pictures, you are better than 99.9% of the copper guys I have met since I have been a collector.

Highest wave of hair is RIGHT of the center of the R. That only comes on S-136 and 137. On 136 the right stem is long and close to the right foot of the A. On 137 it is short and distant from the right foot. This is 136.
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 Posted 04/02/2017  08:27 am  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply

Quote:
And, to be fair, I treat PCGS and NGC coins as raw. They have become looser in their standards in the past couple years.


You and I are in full agreement on that point.
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