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 Replies: 49 / Views: 7,796 |
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Pillar of the Community
United States
3546 Posts |
Hello, I know a guy that is selling this coin very soon and need to determine ASAP if it is 100% authentic what grade it should classified as. On another note pricing is obviously always difficult to nail down but if you want to also suggest a price that this coin should sell for, please also include it along with the other two items previously requested. One other item should be noted here. The owner did not want multiple fingers touching the coin. Therefore, these photos have been taken while both sides were still under the clear Mylar sheet of the stapled cardboard coin holder etc. Thanks, mdpmedia   |
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Pillar of the Community
United States
7840 Posts |
Edited by oih82w8
02/22/2012 7:06 pm
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Moderator
 United States
14463 Posts |
it looks very nice, wish I could buy it. Guessing not AU but very close.  Depending on an actual grade and better pictures without the mylar, I would say close to $10k in value. |
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Pillar of the Community
United States
3540 Posts |
Interesting coin. I would NOT purchase without TPG grading. Of interest, would this be a Grease Filled Die, due to the missing portion on the right wing on the obverse? |
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Moderator
United States
16679 Posts |
Tell him you will purchase it only upon coming back in a PCGS,NGC, or ANACS holder.
No exceptions. That's a lot of money to be guessing.
swcoin.ecrater.com
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Pillar of the Community
United States
9792 Posts |
I agree with vermontensium^ and AU55 for grade.
"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 |
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Pillar of the Community
United States
1095 Posts |
My most recent Coins Magazine says AU 50 for an authentic 1856 Flying Eagle is $13,500. I too would make sure he gets it slabbed first and then you better start picking money off the money tree as my wife says when I want to go to a coin show. |
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Rest in Peace
United States
7075 Posts |
What happened to its wing? Looks like it got shot.
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Moderator
United States
16679 Posts |
I would also bet the surfaces are not original...judging by the photos.
swcoin.ecrater.com
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Pillar of the Community
United States
1095 Posts |
Looks like just a weak strike at the top of that wing. Is that common for this coin. I have a Braided Hair Cent with the same problem at the top of her head. Also there is an article in the new Coins Magazine about the 1856 Cent. Talks about how it wasn't intended to be a circulated coin. It also says that is coin is simply non-collectible, due to the fact that most of us will never own one. |
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Moderator
United States
16679 Posts |
Several were presented to Congress as a proposed upcoming cent design while others, were offered to those who just wanted one..collectors.
None were meant for circulation but, some entered circulation. That's why you see many of these as Proof circulated specimens.
swcoin.ecrater.com
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Pillar of the Community
United States
1659 Posts |
Edited by cwb1877
02/22/2012 10:55 pm
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Bedrock of the Community
United States
10045 Posts |
Quote:
No exceptions. That's a lot of money to be guessing.  No wiser words. Besides, there are funky details on this coin, where anything is a red flag. The odd gap in the wing, the "E" in STATES is wrong--the middle serif touches top and bottom. That date is weak, and I've never seen one with a gap in the 5 (arrow) Personally, I doubt the coin is genuine--but that's what TPGs are for.   On genuine 1856 FEs, the "E" in legends looks like this:  |
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Pillar of the Community
Canada
650 Posts |
Great info,I got burned , on a high end coin once.Offer a premium for certification money well spent.
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Bedrock of the Community
United States
14454 Posts |
not anything to add but I do agree that if you are wanting to purchase this coin you two should sit down and agree to a price and then send it off to ANACS (that would be good enough for authentication purposes) and tell him once it comes back and is genuine you will pay the price agreed upon. I would also tell him if it is genuine you will reimburse the submission fees and shipping. If they have no reason to question authenticity they should understand your worries and not mind doing the submission. I am sure there are probably certain markers that you could look for with the coin in hand but I have no idea what they are
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Pillar of the Community
United States
4132 Posts |
The weakness of the breast feathers is a characteristic of certain 1857 dies, IIRC, though I don't know if it shows up on 1856 too. Anyhow, I agree with the others, there's no way you should buy an unauthenticated 1856 FEC.
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Replies: 49 / Views: 7,796 |
Posted 02/22/2012 6:22 pm
