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 Replies: 15 / Views: 1,552 |
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Bedrock of the Community
United States
10045 Posts |
At what point does a details grade not really say anything? This may be it. If you sold this coin, what would you net grade it--G4?   |
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Pillar of the Community
Canada
532 Posts |
The rot is heavy the grade is crazy but hey I'm not forking out 179 bucks for it either.
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Bedrock of the Community
 United States
10045 Posts |
Yeah...I'd take a G4 w/ honest wear for far less $.
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Valued Member
United States
308 Posts |
If there was no corrosion on this coin, I would grade it be EF-40. What a shame. I'm not seeing how this got AU-53? As for what would I pay for an L filler in this condition? I would not even pay the going G price for this coin because I would just be looking to replace it later, and then what do you do with it?
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Moderator
 United States
16677 Posts |
XF Details is more like it. Taking into account the severity of the corrosion/eye-appeal, AG money is what I'd pay.
swcoin.ecrater.com
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Pillar of the Community
Australia
1874 Posts |
definitely not AU details...
Edited by flippy
03/22/2014 10:03 pm
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Bedrock of the Community
Australia
21786 Posts |
Actually I agree with the seller's grading. I don't think that there is much wear on it. It's the 'details' that are the problem, which relegate this coin to a dealer's 50 cent junk box. A TPG would not grade this coin. |
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Bedrock of the Community
Canada
10743 Posts |
I think ANACS got carried away with this one, best I would say would be EF-40 with details grade.
I would only pay a G-4 price for a heavily corroded coin as this one.
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Pillar of the Community
968 Posts |
I agree as well, AU details. Shame.
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Pillar of the Community
 United States
1888 Posts |
Sell that coin?
I think it's a good candidate for a YN giveaway prize to get someone excited about the hobby.
I don't see any monetary value whatsoever, since virtually *everyone* above raw beginner level would consider it no more than an ugly hole filler to be replaced at the earliest affordable opportunity.
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Bedrock of the Community
Canada
11922 Posts |
I'm thinking VF-35... either way its higher than a 4.
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Bedrock of the Community
United States
10045 Posts |
Quote:
I don't see any monetary value whatsoever, since virtually *everyone* above raw beginner level would consider it no more than an ugly hole filler Yeah, I'm inclined to think the same way...it's more like the shadow of a coin than an actual coin. |
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Pillar of the Community
Russian Federation
5172 Posts |
If it's really visible that there is a L in there, I would make a sad face and pay $20. (Whoever's selling it probably won't sell for $20 though.) If not... I'll still pay close to $20, probably. An IHC that early is a cool coin to have in any condition  ...Seriously, I probably wouldn't buy this coin in a slab for any money. Raw, possibly. Quote:
I think it's a good candidate for a YN giveaway prize to get someone excited about the hobby.  This is probably the best one can do for this coin (if we're able to talk the seller into selling it relatively cheaply, and if we get it out of that slab somehow - resale value or no, it's also a good candidate for a coin that a YN can touch as a piece of history). |
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Valued Member
United States
498 Posts |
You know it's an L by the gap between the 1 and the base of the neck I just wouldn't buy a coin with that much corrosion. I've been looking at some nice 1790's large cents that are VG to fine details in the $80 to $139.00 range and they have a lot less corrosion. Rather buy one of those since last week when someone posted one here. Something about the 179 got me hooked.
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Pillar of the Community
United States
3486 Posts |
I agree with Pennynickelguy - this is a coin to avoid.
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Pillar of the Community
United States
3278 Posts |
Must have hit the ground early it it's life.
The long bar of the "L" easily seen but,
heavily corroded coins are sad and I wouldn't want one in my collection
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Replies: 15 / Views: 1,552 |
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Posted 03/22/2014 8:59 pm
