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1848 Large Cent: My First One

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 Posted 12/04/2012  11:38 pm Show Profile   Bookmark this topic Add johnny676767 to your friends list Get a Link to this Message Number of Subscribers
Hello,

This is my first large cent and my first try at uploading pictures. I apologize if the pics aren't clear. It's also the first time I've taken a pic (actually a scan) of a coin.

The rim of the coin is complete although it appears a bit obscured by the plastic on the 2x2.

I'm wondering how much the surface corrosion (at least that's what I think it is) affects the grade.

Thanks

1848-Large-Cent:-My-First-One

1848-Large-Cent:-My-First-One
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vermontensium's Avatar
United States
16679 Posts
 Posted 12/05/2012  12:00 am  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
Very nice coin! I would put it at AU50ish.
I would spot treat that verdigris (that's what I think it may be) with some verdi-care.

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atlashealth's Avatar
United States
1691 Posts
 Posted 12/05/2012  5:15 pm  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
corrosion, cleaning, and scratches mean detail grading
I agree with Vermontensium...it's a nice coin that would
probably clean up well(if you're not experienced with coin
conservation,go to a local coin club or dealer) good luck!


Edited by atlashealth
12/05/2012 5:15 pm
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United States
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 Posted 12/06/2012  12:24 am  Show Profile   Bookmark this reply Add johnny676767 to your friends list Get a Link to this Reply
Thanks for the feedback. I looked into verdi-care and the directions, at least those provided online, appear easy enough. I will try it out.
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TJsCoins's Avatar
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3229 Posts
 Posted 12/06/2012  10:54 am  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply

Nice large cent!
I would grade yours as EF-AU. Your pics (scans) show the details well but I am wondering about the color and surfaces. Is there already a conservation product on the surface?

IMHO the coin has already had some conservation done to it; if there is already a product in place I would leave the coin as is. If the surfaces are more original and product free then maybe try an acetone soak to neutralise the remaining vergis. I like verdicare and have used it. I question if your coin would benefit. Before using any conservation on your coin I recomend that you use it on a few common modern coppers first. Copper is highly reactive. Many products tend to darken the copper.

Having said all of the above, your coin is nice as is (IMHO:) and the vergis looks like it may already be under control. Maybe leave it as is for now and decide later about conservation. Enjoy your new "old" coin!
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sjh241's Avatar
United States
386 Posts
 Posted 12/06/2012  12:06 pm  Show Profile   Bookmark this reply Add sjh241 to your friends list Get a Link to this Reply
Probably a Large Cent that I wouldn't have bought. I don't like the perfect circles around the stars (and a few other places). Looks like someone tried to spruce the old lady up and didn't do such a great job. I personally would have looked for a problem free coin.
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 Posted 12/06/2012  1:15 pm  Show Profile   Bookmark this reply Add johnny676767 to your friends list Get a Link to this Reply
I bought it for $1.50

Would you have paid that?
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CoinsKelly's Avatar
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 Posted 12/06/2012  1:18 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
For a buck fifty I would probably would have bought it as well. Even with the minimal issues (IMHO), it has nice details.
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vermontensium's Avatar
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 Posted 12/06/2012  1:22 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
$1.50!

You my friend, stole that coin :o
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SsuperDdave's Avatar
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 Posted 12/06/2012  1:33 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I bought it for $1.50

Would you have paid that?



Most people need a weapon to get deals like that.
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sjh241's Avatar
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 Posted 12/06/2012  5:30 pm  Show Profile   Bookmark this reply Add sjh241 to your friends list Get a Link to this Reply
$1.50 is a very, very cheap price. I would pay that for a coin I could flip and use the profit for something I would keep.
Nice score if that is the price you paid.
Edited by sjh241
12/06/2012 5:31 pm
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TJsCoins's Avatar
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 Posted 12/06/2012  9:43 pm  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
When you get enough posts I will take it off yours hands for $3.00. You can double your money.

Of course you may want to check out this site first:
http://www.numismedia.com/fmv/fmv.shtml
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 Posted 12/07/2012  09:32 am  Show Profile   Bookmark this reply Add johnny676767 to your friends list Get a Link to this Reply
Thanks for the offer! What do you really think it's worth?

It was actually pure beginner's luck. I was in a coin shop and the price on the coin wasn't written clearly, so I asked. The person who was working there tried to read it as well and finally said it must be $1.50 because the more expensive coins were in another case. The owner was not there and she couldn't reach him to verify. She decided to let me have it at that price.
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Scropper's Avatar
United States
702 Posts
 Posted 12/07/2012  10:58 am  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
That makes up some for all of the dealers who don't know their copper gouging collectors who don't know what they're doing! hehehe... well done Johnny676767!

edit: Oh, and I'd call it $50 - $60, personally.
Edited by Scropper
12/07/2012 10:59 am
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TJsCoins's Avatar
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 Posted 12/07/2012  10:58 am  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
Numismedia says a problem free ef-au coin would be $78.00-$144.00. As is, your coin has a few issues (and many large cents do), I would look to pick up a coin like yours in the 20-30$ range. Please remember that this is just my opinion. One way to guess-timate value for a problem coin is to drop it a couple grades. The more problems the more grades it drops. I see your coin in the f-vf range. I am also taking into account local prices and the fact that numismedia is a bit more optimistic than I believe the market is.
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 Posted 12/07/2012  12:36 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
to the Forum!


Your 1848 LC has great detail, but I do agree that it has been "cleaned-up".

And you definitely got it for a great price! WOW!!


The only coin I got anywhere near that price, I stole from the bottom of my brother's fish tank. He said it had been in that tank for about 10 years and he didn't know where it came from. (Not to steal your thunder, but here it is: (Talk about a "ship-wreck" effect!))


1841 (Small Date) Large Cent

1848-Large-Cent:-My-First-One 1848-Large-Cent:-My-First-One
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