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Replies: 27 / Views: 2,749 |
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Valued Member
United States
360 Posts |
I have an opportunity to buy this old coin. The person selling wants an offer instead of stating a price. Dilemma! I know nothing aboot these Large Cents!  Here she is: 1800  So...if you were in my shoes, how much would you offer? 
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Pillar of the Community
United States
1211 Posts |
IMO, I would pass on this one due to poor eye appeal.
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Valued Member
 United States
360 Posts |
Quote: IMO, I would pass on this one due to poor eye appeal. I get where you're coming from, but if I have an opportunity to own an 18th Century coin for a decent amount, I will take it. I'm not looking to resell...it's strictly for collecting purposes only.
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Bedrock of the Community
United States
10982 Posts |
Is it an overdate? Without knowing more and just looking at the images, I'd go $100 tops and that might be too high.
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Valued Member
 United States
360 Posts |
Quote: I'd go $100 tops and that might be too high. Yeah, I just don't know. I cruised ebay looking at late 18th Century cents and the price variances are immense! Coins similar to this one have sold from $90 to $300!  Edit: this is not an overdate.
Edited by Afterimage 09/16/2013 3:27 pm
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Pillar of the Community
United States
3253 Posts |
S-197, die break up between I and B. Not a rare variety.
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Valued Member
 United States
360 Posts |
Quote: S-197, die break up between I and B. Not a rare variety. That goes in my favor, then. Thanks for the info! American history is fascinating during that year. Thomas Jefferson defeated John Adams in the presidential election! 
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Bedrock of the Community
United Kingdom
17921 Posts |
Afterimage, do you have a local coin store? I was once offered some coins by a friend who worked for a charity and sometimes received donations of foreign and obsolete coins. If he received anything of value I would ask the LCS what they would pay him for the coins, and base my offer on that if I wanted any for my collection. This was in the days before E-Bay.
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Valued Member
 United States
360 Posts |
Quote: Afterimage, do you have a local coin store? I was once offered some coins by a friend who worked for a charity and sometimes received donations of foreign and obsolete coins. If he received anything of value I would ask the LCS what they would pay him for the coins, and base my offer on that if I wanted any for my collection. This was in the days before E-Bay. I do have a local LCS, but I would trust the North Korean Information Minister more than those snake oil salesmen! They once offered to buy an 1879CC Morgan dollar off of me for $30! Rats! Every last one of them! I am very polite to them however, since they all carry firearms during business hours.
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Pillar of the Community
United States
3253 Posts |
But as we all learned from our annoying know-it-all friends in 2000, there was no Year Zero, so an 1800 large cent is indeed an 18th century coin!
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Pillar of the Community
Canada
2805 Posts |
Quote: I am very polite to them however, since they all carry firearms during business hours. Well, a jerk with a gun is still a jerk...
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Pillar of the Community
 United States
2362 Posts |
It would be my choice to pass. There are better values out there. I understand that you like the coin but it's not great. I respect that you are attracted to a piece of history so I'd say go in the $80-90 range.
Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith
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Bedrock of the Community
United States
11951 Posts |
The problems with this coin, will get it a details grade. And a coin shop would drop at least a grade.
IMO a coin shop might pay in the $45 to $55 range.
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Valued Member
 United States
360 Posts |
Quote: But as we all learned from our annoying know-it-all friends in 2000, there was no Year Zero, so an 1800 large cent is indeed an 18th century coin! Yepper! Quote: Well, a jerk with a gun is still a jerk... TROOF! With the caveat that a jerk with a gun shouldn't be mocked! Okay...I've decided to pitch a $75 bid his way. We'll see if I get laughed outta the room. Wish me luck! 
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Pillar of the Community
United States
4085 Posts |
I'd offer 50 bucks. Eye appeal isn't great but it does have some detail left as well as being pretty danged old.
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Valued Member
 United States
360 Posts |
Yeah, I agree that the coin isn't the greatest of examples. I am more interested in the historical significance rather than a numismatic value. The Holidays are just around the corner, so I need to keep my habit of spending money on coins in check. For now...  I will try and go the $50 dollar route as suggested and will go no higher than $75. Thank you for all of the replies!
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Replies: 27 / Views: 2,749 |