| Author |
 Replies: 18 / Views: 4,126 |
|
Valued Member
United States
191 Posts |
I finally decided to send my 1786 Connecticut copper to PCGS to have it authenticated and slabbed. It's a rare variety, R-5+ or R-6. I've had it since 2005 when I found it while metal detecting. I got back the results and I'm happy with it considering that it is a dug coin and has corrosion. At least it has been authenticated.  Genuine - XF Details (97 - Environmental Damage)  |
|
|
|
Pillar of the Community
United States
4897 Posts |
I think they got this one right. Close to AU but XF is probably right! Excellent find!
|
|
Pillar of the Community
United States
1757 Posts |
You made a BIG mistake.
John Lorenzo
United States
|
|
Valued Member
 United States
191 Posts |
Thanks amida17. It's my favorite find.
Colonialjohn, I'm guessing because I opted to have the details on environmental damage included? :)
|
|
Pillar of the Community
United States
1757 Posts |
Rather than write a short novel ... YES. Other factors ... only use PCGS/NGC to RAISE the grade ... A top NYC Auction house OWNER ... once said to me ... Yes ... John ... you can never fool a C4 member with over - cataloging - well in most cases <VVBG> today as there is alot more DUMB money in this arena than 10 years ago - let alone 20 or 30. It should have been droped RAW into the November C4 Sale at Stacks/Bowers due to heavy porosity ... now you have TWO negatives ... an over-inflated TPG grade which almost always happens like the current Newman material at Heritage and what you indicated in your last post ... TWO STRIKES ... next detector find you will know better ... JUST MO. <VVBG>. JPL |
|
Valued Member
United States
191 Posts |
Good to know JPL! It's my first and only submission to a grading company, and although happy with the results, I'm always open to learning and understanding the when's and why's of submitting coins. Thanks for taking the time to explain.
Now you have me thinking about two other coins I have been considering sending in, Draped Bust large cents, a 1802 S-233, and a 1803 S-261, both scarce varieties, also found while metal detecting. They held up well too, even with the environmental damage they sustained.
|
|
Pillar of the Community
United States
1757 Posts |
If porous ... submit to the auction house raw ... remember Heritage slabs all the material ... not pro-Stacks ... Federal today is better at heritage. Choose your pathways WISELY ... Heritage or Stacks ... or whatever ... never slab porous ... its a losing battle.
JPL
|
|
Valued Member
United States
191 Posts |
I do have an account with Heritage. What finally prompted me to submit the coin for grading and slabbing was the dismissive reply I received from one of theirs on an inquiry about selling the coin. The individual simply replied "The coins are worth $60 to $100 in this condition". Nothing more was said. But I do hear you and will keep it in mind. Thanks!
I'll attach photos of the Draped busts in another post.
|
|
Valued Member
United States
324 Posts |
You are finding some great old material with your detector! What detector do you use? Where did you find them? LIke by a park, old home, school, etc ?
|
|
Valued Member
United States
191 Posts |
Quote:
You are finding some great old material with your detector! What detector do you use? Where did you find them? LIke by a park, old home, school, etc ? Currently I use the E-Trac, but I have used many others over the years. The Connecticut copper I picked up while using the DFX back in 2005. I detect at old parks and similar sites. |
|
New Member
United States
35 Posts |
I can't believe someone scolded you for sending that coin in for slabbing. The PCGS details slab makes it worth more, not less. There are a lot of fakes out there. Now the entire world knows yours isn't one of them. Oh dear, you spent 50 bucks. (I think that's what PCGS charges for coppers). I hope you can afford it and mom still has money for chemo. By the way, that isn't a good metal detecting find, it's a spectacular one.
|
|
Moderator
 United States
16677 Posts |
I have several Colonials and post Colonials in slabs. Everybody has their own opinion. It's fairly easy to tell it has corrosion from being in the ground. Your not going to fool me so, it is what it is, with C4 or not. I do not agree with PCGS's details grade. TPG's need to learn the in's and out's of grading Colonials. swcoin.ecrater.com
|
|
Valued Member
United States
191 Posts |
Quote:
I can't believe someone scolded you for sending that coin in for slabbing. The PCGS details slab makes it worth more, not less. There are a lot of fakes out there. Now the entire world knows yours isn't one of them. Oh dear, you spent 50 bucks. (I think that's what PCGS charges for coppers). I hope you can afford it and mom still has money for chemo. By the way, that isn't a good metal detecting find, it's a spectacular one. Oh, that wasn't a scolding. ;) An opinion, that's all. The coin is what it is, a dug coin, but one that held well and still - fortunately - has value. I am pleased that it has been listed as genuine. I do plan to part with it at some point. The early and later large cents are what have my attention now. Thanks for your input! I do appreciate it. Quote:I do not agree with PCGS's details grade. TPG's need to learn the in's and out's of grading Colonials. You mean that it should not have been listed as detail grade or that the grading should be lower/higher? Your input would definitely be helpful. I thought the coin could grade AU, but factoring in that it is a dug coin and environmental damage is evident, I felt XF is probably right. Still, I have seen others of the variety in worse shape and with evidence of environmental damage that were graded and slabbed by PCGS without the detail listing. Thanks for the comment! |
|
Valued Member
United States
191 Posts |
My Connecticut Copper is back from PCGS. I'm glad to have it slabbed even if with detail 'grade'. In any case, it's safer where it is now.   |
|
Pillar of the Community
United States
2815 Posts |
It belongs in this slab. It deserves it. Yes, I too think it is worth more after authentication. Can't we all just enjoy the hobby instead of constantly thinking how one might make the most bucks out of it? Don't get me wrong. There's nothing wrong with wanting to get the most money out of a coin, but to say that getting a coin authenticated was a BIG mistake in terms of potential sales just boggles my mind. Don't get it.
Edited by Darth Morgan
04/04/2014 09:19 am
|
|
Pillar of the Community
United States
2311 Posts |
Nice find!  |
| |
Replies: 18 / Views: 4,126 |
Posted 03/27/2014 2:33 pm
