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Another Cherry Picked.... Thoughts On Grade Please

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paleoguy45's Avatar
United States
2936 Posts
 Posted 12/20/2011  8:14 pm Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
Here's an 1829 Matron Head Large Cent I picked out of a "cull" pile although I had to fiscally fight someone at the end to get it. IMHO it can be none other than the "Medium Letters" variety (note the closed "A's") .... There appears to be some corrosion, but not a really significant amount. I'd love to have a Net Grade idea on this one before I get it in hand. PG
Another-Cherry-Picked....-Thoughts-On-Grade-Please
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oih82w8's Avatar
United States
7840 Posts
 Posted 12/20/2011  8:16 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It's a nice find IMO and I have a vacancy in my 7070 for that type. VF-30?
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TJsCoins's Avatar
United States
3229 Posts
 Posted 12/21/2011  11:19 pm  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
VF-20 IMHO. Nice coin! Would you mind sharing your purchase price?
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Jaobler's Avatar
United States
6396 Posts
 Posted 12/22/2011  12:12 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Yeah, it probably makes VF-20 and it does appear to have some light corrosion. Might be an excellent candidate for some Verdi-Care treatment!

Very nice pickup at (presumably) a near-cull average price for the lot. It does appear to be the N-3 (medium letters) variety, although the photo of this variety in the Rasmussen catalog shows a strong die crack through the first four stars. This crack does not show up in the image of your new coin. Maybe that means it's an earlier die state.

The catalog entry mentions this variety is usually found with a blunt strike, so specimens appear to be in lower grade than warranted based on the actual level of wear.
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NicO's Avatar
United States
136 Posts
 Posted 12/22/2011  03:10 am  Show Profile   Bookmark this reply Add NicO to your friends list Get a Link to this Reply
I'd agree and say VF20 Details as well. Light corrosion being the reason for a Details grade.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 12/23/2011  12:59 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
For TJ... I got it along with a holed Braided Hair and average 3CN for $83. A bit above cull price, but around a quarter of retail for the '29.
@jaobler... I have my bottle of BadThad Juice at the ready!


By the way - HAPPY HOLIDAYS TO ALL!
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j_h_s's Avatar
United States
1934 Posts
 Posted 12/24/2011  09:21 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
Pretending there's no surface corrosion, I think it would grade higher than VF 30. The obverse strike on that coin was not strong to begin with.

That coin is just about uncirculated -- with the surface condition determining grade.

If it is, indeed medium letters, that's a heck of a pick, paleo.

Are you going to get it graded? I would.

Jim


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paleoguy45's Avatar
United States
2936 Posts
 Posted 12/24/2011  2:16 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Coin in hand and, as best I can tell, it's a Newcomb-5 (which does not have the die crack between stars 1-4). There is some corrosion, but the reverse is really up there in grade. I'm thinking TPG bound. Any suggestions on which one to use?
Another-Cherry-Picked....-Thoughts-On-Grade-Please
Another-Cherry-Picked....-Thoughts-On-Grade-Please
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j_h_s's Avatar
United States
1934 Posts
 Posted 12/25/2011  08:01 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
The new pictures give me a better perspective. I think a tgp would give it VF, tops.

Considering the varying range of valuation by different price lists, the low end value of VF may mean it's not worth having it TPG'd; however, if you're not collecting a set of them, slabbed, one way or another, is a good road, imho.

Jim






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