| Author |
Replies: 16 / Views: 3,011 |
|
New Member
United States
45 Posts |
I am hoping someone can help me understand the characteristics of copper coin Grading. I am very interested in investing/collecting a key date 1909S VDB Lincoln. But I am torn and worried about the Red/RB grades. So here I have a few Questions.
1. If I were to get any copper coin in "Red" How likely is it to fade to more Brown over time, and how much time?
2. My logic says if the coin is in an Older ie. OGH or Fatty holder and the color is there then most likely it will stay?
3. What is your opinion on a purchase like this, or what would you recommend for or against?
Any help is appreciated
|
|
|
|
Bedrock of the Community
United States
12437 Posts |
The toning factor is environmentally dependent. Copper can stay Red for a long time in a neutral environment but it can also turn in a slab that is subjected to an oxidizing environment since slabs are not completely airtight. In many cases, the premium for a full Red coin is significantly higher than a Red-Brown so I would recommend searching for an attractive RB coin with >75% Red remaining and save a bit of money for some other coins 
Edited by biokemist6 06/08/2012 12:13 am
|
|
Pillar of the Community
United States
2150 Posts |
I agree with either looking for a red brown coin or a full brown coin. Are you collecting the rest of the Wheat cent series? Most people, when buying the S-VDB, will try to match the color of the rest of their set. It is also important to purchase this coin graded by a top tier TPG and familiarize yourself with the characteristics of the 4 obverse dies used to avoid purchasing a counterfeit.
|
|
New Member
 United States
45 Posts |
Thanks for the input, I think I may narrow my search to the RB in that case. joker, I had an album many years ago similar to yours filled with Lincoln cents, when I came across the 1909S VDB I felt that the price was too out of range and was a little heart broken to realize that even in a whole life time I would never be able to collect every coin so moved to type collecting and now only slabbed originals. I thought since this coin was a turning point maybe I would add it as my Lincoln Cent type now decades later. Sorry for rambling but to answer your question, no its not for an album, but now I will familiarize myself with the 4 obverse dies thanks again.
|
|
Bedrock of the Community
Australia
21786 Posts |
If patinas are so highly valued, why are red copper and bronze coins valued at a higher amount?
Strange. If you see a blast white ancient Greek silver coin, it immediately attracts suspicion. Nevertheless, almost all buried ancient silver needs to be aggressively cleaned upon recovery, often to make it identifiable. Yet good patination is still preferred.
|
|
Pillar of the Community
Russian Federation
5172 Posts |
Quote: If patinas are so highly valued, why are red copper and bronze coins valued at a higher amount?
Strange. If you see a blast white ancient Greek silver coin, it immediately attracts suspicion. Nevertheless, almost all buried ancient silver needs to be aggressively cleaned upon recovery, often to make it identifiable. Yet good patination is still preferred. With moderns, if the coins are red (or blast white for silver), they had probably been saved all that time (though maybe being in a hoard might count as "saved" - it seriously depends on the location). It's very rare but possible (as it also goes with a higher grade) and thus valuable. With older coins, there's virtually no chance that they were saved by a collector (as coin collectors didn't exist back then), and hoards don't tend to have quite as shiny coins due to preservation conditions - so any and all blast white or red coins are cleaned, and probably badly so. That, or they're modern fakes  I'm sure that there still are those one or two or three geniunely red (or blast white) ancient coins that just happened to be preserved exactly the proper way and are still the original color. They probably reside in a museum somewhere, and if ever sold would likely bring many millions of dollars. But nobody's going to seriously sell those...
|
|
New Member
 United States
45 Posts |
|
|
Pillar of the Community
United States
2150 Posts |
Well the coin sold on heritage in 2000 which would account for the price difference.
|
|
Pillar of the Community
Canada
1411 Posts |
Quote: With older coins, there's virtually no chance that they were saved by a collector (as coin collectors didn't exist back then), and hoards don't tend to have quite as shiny coins due to preservation conditions - so any and all blast white or red coins are cleaned, and probably badly so. There are people who are known to have been coin collectors for around 600 years. Any coin 50-100 years older than that I would agree with this quote but any 50 years before or after that the coin has been in collections since the 1400's.
|
|
Pillar of the Community
United States
1590 Posts |
The core of my families coin collection, resident with my Uncle at this time, goes back to my Great Great Great Great Grandfather, who was Treasurer to the Shaw of Persia in the late 18th and early 19th Century. In the early 19th Century the family moved to Russia ( Georgia), and after the Revolution to the US by way of China. I have a single coin from the collection of my 4th Great Grandfather, a coin of Celicia, that part of my family being Armenian. I also have coins from my Great Grandfather that he bought in China in the 1920s.
So you are correct in saying there are collections that span generations; even though ours was only begun in the 1780s and not the 1600s. I guess that makes us newbies! lol
|
|
New Member
 United States
45 Posts |
OK well I saved some side job money, Did a bunch of research and found this one. It was the right grade and looks just as nice in hand. What do you guys think? I paid $2200 seems like a fair price compared to the others especially in its condition. Its Graded MS64RB by NGC Its got a CAC sticker too. I noticed the value on this rarity has come down quite significantly in recent years. I am thinking buy it low sell it high. Honest opinions please.  
Edited by travis2005 06/18/2012 02:47 am
|
|
Pillar of the Community
United States
2150 Posts |
Very, very nice specimen! That is one to be proud of for sure!
|
|
Bedrock of the Community
United States
36684 Posts |
Wow, that is so close to full red. Nice coin. Having the CAC sticker will help when you go to resell.
|
|
Valued Member
United States
223 Posts |
Very nice S-VDB. Good grade and eye appeal, and it still looks red.
|
|
Pillar of the Community
United States
2150 Posts |
|
|
Bedrock of the Community
United States
20753 Posts |
Copper coins can change from Red to Brownish either rapidly or not at all. Mostly pending on the method of storage. I've had many Copper coins in Albums for many, many years and they have not changed at all. They are all kept in Albums and then in Zip Lock bags. On the other hand, I've found coins that were obviously cleaned to the point of looking like a Proof. Putting them on a kithchen window sill, on a block of raw wood, for several months, turned them as brown as possible. Making them appear to be normal, almost. For example these have been in Albums for many, many years now and still look as they did when I put them there. 
|
| |
Replies: 16 / Views: 3,011 |