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Grading Company For Old Copper?

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Author Previous TopicReplies: 11 / Views: 1,420Next Topic  
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Stone51462's Avatar
United States
9 Posts
 Posted 11/28/2011  1:28 pm Show Profile   Bookmark this topic Add Stone51462 to your friends list Get a Link to this Message Number of Subscribers
Hi all,

Well I can see I just found a new time killer. I've been enjoying the forum and learning a lot. I'm new here so let me tell you a little about me. I've been collecting off and on for 25 years. My collection is not big but it's nice. I'm more of a type collector but I'm trying to build an XF Large Cent collection (only 9 coins so far) and a red Indian cent collection (14 coins so far). My pride and joy is 1900 Type set in a capital holder with proof and high grade uncs. Still need the Barber 25c and 50c, tho'. I'm also working on a 1800 Type set in XF or better.

So I have question. I have a gorgeous high grade 1821 Large cent that was rejected by PCGS because of a small bit of corrosion under the chin. Are there other grading companies that aren't so anal about grading old copper? I'll try to post pic or two.

Grading-Company-For-Old-Copper?

Grading-Company-For-Old-Copper?
Pillar of the Community
paleoguy45's Avatar
United States
2936 Posts
 Posted 11/28/2011  1:59 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I would suggest ANACS as an alternative to the "Big Two". They will provide a complete numerical grade and include caveats (corroded, etc.). They are also cheaper. Good luck with the grading. It's a gorgeous coin. How many old coppers don't have corrosion to some degree? Not many I'm thinking. PG
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cipster's Avatar
United States
2362 Posts
 Posted 11/28/2011  6:27 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Beautiful coin! I've avoided PCGS for coppers for the same reason. ANACS will assign a grade.
Member ANA and EAC

"You got to lose to know how to win".
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vermontensium's Avatar
United States
16679 Posts
 Posted 11/28/2011  7:10 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
PCGS has become very particular, almost to the point of being paranoid about "problems". When I submit my large copper, they were always the source. My main area of interest has always been Colonials, Large & Half Cents. My experience with them has always been if they see any little spot of discoloration, guess what, "questionable color" or in your case, "corroded". I'm really getting turned off by the big 2. Just keep in mind ANACS seems to love the term cleaned for some reason.
BTW, welcome and, beautiful coin!
swcoin.ecrater.com
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ExoGuy's Avatar
United States
4416 Posts
 Posted 11/28/2011  9:47 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
This is an outstanding coin! Personally, I'd not bother to slab it. I might get a generic plastic holder to keep it safe and help showcase its beauty. Enumerated value aside, why bother with what some TPG company might or might not say? When the time comes to sell, this coin deserves to be in a noteworthy auction wherein copper afficionadoes can compete for it. Enjoy and thanks for sharing the pics.
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Stone51462's Avatar
United States
9 Posts
 Posted 11/28/2011  11:26 pm  Show Profile   Bookmark this reply Add Stone51462 to your friends list Get a Link to this Reply
Thanks guys. I'll try ANACS. And thanks for the compliments. I may try to sell it if I need some money to pay the bills this winter when our business is slow. But I hope I don't have to. I love this coin, well as much as anyone can love a coin. I just thought if I do sell it, I might get more for it in a slab.
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delaner's Avatar
United States
870 Posts
 Posted 11/29/2011  01:20 am  Show Profile   Bookmark this reply Add delaner to your friends list Get a Link to this Reply
Stone - I'm with Exo. I wouldn't bother slabbing it. I'd just make sure you get it in front of enough copper experts. But I understand - even some of the "reputable" copper dealers are now preferring slabs, which is ridiculous. I'd focus on getting it in front of serious copper people before you slab it. If you still want to, that's cool. Best of luck and welcome!
Valued Member
grancap74's Avatar
United States
289 Posts
 Posted 11/29/2011  08:32 am  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
Thanks for this post. First, absolutely beautiful Cent.
I've had these same questions as well on a few that we have, particularly our 1820 that's about the same grade although not near the same value. We are gathering coins together for grading, so if I understand correctly. The recommendation here (if we want to have copper graded), is to send the Copper's into ANACS?
I've had so much confusion as to which TPG to send into to, we're sort of at a loss. I don't even know if any Large Cent we have DOESN'T have some spot of corrosion on them.
I completely agree with Vermontensium, I have talked with some around me here that have only been able to get a small percentage of their copper graded and looking at what they have I just couldn't believe it. NGC is nearest to us and EVERYONE has told me here not to send any copper's into them outside of Wheaties or LMC.
Bedrock of the Community
United States
20753 Posts
 Posted 11/29/2011  09:42 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'm a real no slabbed coin person. I too suggest just not having that coin slabbed. If you collect Large Cents, why not just get an Album, Dansco, Whitman, etc. and start a collection in those. My Whitman Large Cent Album is a date set one and requires 64 coins which I may never be able to fill. It is nice though to be able to open an Album, flip the pages and see the fronts and backs of all the coins. I couldn't even start to imagine 64 slabs of plastic for a collection.
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Stone51462's Avatar
United States
9 Posts
 Posted 11/29/2011  11:50 pm  Show Profile   Bookmark this reply Add Stone51462 to your friends list Get a Link to this Reply
Thanks again, everyone. I too, much much prefer raw coins over slabs. In fact, I only have one slab, a common date merc dime, which is currently sitting in "sell" bag. I was just thinking there might be enough "investors" out there who know nothing about coins, who wouldn't buy a raw coin ('cause they know nothing) but would buy a slabbed coin. Just trying to increase the number of possible buyers, since this coin is rather expensive.

Delaner, I like your suggestion to get it in front of other copper hounds. I know they would appreciate the coin and it's value, but finding that one person who would be willing to pay for it...that's another level of commitment.

For now, I'm going to take it to a show this weekend. It's a new show and I have no idea what to expect. I'll be surprised if there's actually a copper dealer there. But I'll have fun regardless.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 11/30/2011  3:37 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
The best way to get this coin in front of serious copper collectors would be to put it in a significant auction that highlights significant pieces, being those with provenance and those of rare varieties.

You may want to see if there are any EAC members at the weekend show. Get a few opinions as to grade, surfaces, etc. and see what their newer edition Robinson book says on values.

Check out the EAC website, too. You can thereupon find some EAC dealer websites and perhaps see what the asking prices are on similar pieces.
Valued Member
tonphil1960's Avatar
United States
382 Posts
 Posted 11/30/2011  4:07 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list Get a Link to this Reply
I agree no slab for this great coin, something about old copper and slabs that doesn't go together. If you were ever to sell it and prospective buyers wanted it graded by a TGP then by all means but if its going to stay in your collection raw it is.

Tony
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