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Replies: 18 / Views: 3,275 |
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Bedrock of the Community
United States
11951 Posts |
last week I posted I was hoping to purchase a 1794 large cent. I thought it would get a VF or XF details grade. If it did I was thinking it would be in the price range I felt comfortable buying. I stopped buying coins and moved some money around to prepare for a possible purchase. Friday it was posted that the grade is XF40 BN. Of course this bring the price of this coin out of my range. Of course I could always sell a $100 face in silver and still get it. But .. I like the silver and I think this coin still has some issues. There is dirt and grime in different areas of the coin. Also let me say that my pictures with bright lights and 8MP details does not show how nice this coin looks in hand. And there is the problem of taking pictures through the slab. But I am curious what experts think about the coin .. and grade.    
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Pillar of the Community
United States
2311 Posts |
Hmm, if you're trying to say it's overgraded I kind of think so  My 1800's ones that were sent to ANACS looked sharper with details. And they were like VF-25 I think?  You can see a scratch on the back. But that's the slab I'm guessing.
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Moderator
 United States
16677 Posts |
In your original post, I thought a TPG would give it an XF. I'm standing with my original assessment of VF30-35 details. ANY visible soil on a coin, or remnants thereof, warrants a details grade IMHO. As stated previously, it has great eye appeal.
swcoin.ecrater.com
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Bedrock of the Community
 United States
11951 Posts |
Quote: Hmm, if you're trying to say it's overgraded I kind of think so yes I was leaning that way, I guess it is different wanting a coin to not grade high, so it would stay in my price range. and yes the scratch/mark is on the slab. Vermontensium - I agree with you 100%. I do have to say again, in hand I don't see all the flaws, except the dirt on the reverse.
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Moderator
 United States
16677 Posts |
Negotiate a price based on the coin, not the holder.
swcoin.ecrater.com
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Bedrock of the Community
 United States
11951 Posts |
Quote: Negotiate a price based on the coin, not the holder. I guess there could be a chance. First steps is to see if the coin shop can make a deal with the owner. I just picked the coin up for them today. The dealing starts tomorrow.
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Moderator
 United States
16677 Posts |
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Pillar of the Community
Canada
5417 Posts |
Obverse looks great but the reverse is sketchy. I would give it a VF35 Details. I would never pay an XF40 price for that.
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Valued Member
50 Posts |
Nice appeal though nice early american copper their !!
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Bedrock of the Community
United States
10982 Posts |
Quote: ...Friday it was posted that the grade is XF40 BN. Of course this bring the price of this coin out of my range. Of course I could always sell a $100 face in silver and still get it. But .. I like the silver and I think this coin still has some issues... Not sure I'm following you here. Isn't this a $3,000 to $4,000 coin as certified, whereas a VF Details piece would be well under $1,000? Edit: P.S. I see now that you would try to raise close to $2k selling the silver. I wouldn't do it. There is no way I would spend $3k on that coin but you are not me. $3k is not a huge amount of money to some people. I'm not one of them! 
Edited by BH1964 09/24/2013 12:01 am
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Bedrock of the Community
 United States
11951 Posts |
I forgot to ask ...
I am thinking this is Head of 95
is that right
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Moderator
 United States
16677 Posts |
3K? This coin is worth no where near that. Again, forget the NGC grade. $1200 tops for this coin. If not, move on. Done.
swcoin.ecrater.com
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Pillar of the Community
United States
2936 Posts |
I saw it in hand yesterday too and it is a great coin, given age and significance. Steve tends to stay hardcore on grade=price though. Good luck with it! I think you should try to finagle that MS63 1833 Bust Half. It was to die for! PG
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Pillar of the Community
United States
8904 Posts |
Quote: I forgot to ask ...
I am thinking this is Head of 95
is that right? The 1794 Large Cent with the Head of 1795 does not have the hook on the lowest curl of Miss Liberty. I see a hook so, IMO, this is a Head of 1794. 
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Pillar of the Community
United States
3253 Posts |
Head of '94, I think. S-59?
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Bedrock of the Community
United States
17884 Posts |
Yep S-59 (it is hard to see in the pictures but the crack through the fraction confirms it) R-3- and a head of 94. Quote: The 1794 Large Cent with the Head of 1795 does not have the hook on the lowest curl of Miss Liberty. I see a hook so, IMO, this is a Head of 1794. Some of the heads of 94 also lack the hook in the lowest curl (for example S-43, NC-10, 44, 47, 48, 49). The heads of 95 S-67 - 72), with the exception of S-72 the exact head of 95, all have the lowest curl end in a loop.
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Replies: 18 / Views: 3,275 |