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 Replies: 9 / Views: 1,713 |
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Valued Member
Canada
64 Posts |
Hi All A 1847 large cent from my grandfather's collection. It has a few bangs in the date and it's not 100% flat - though only slightly bent. I'm wondering about it's value as a result of these problems! Thanks for your help! GRcoins    |
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Pillar of the Community
United States
3160 Posts |
I would say its worth about 5 dollars in that condition.
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Pillar of the Community
 United States
2362 Posts |
I would think it has great sentimental value because it belonged to your grandfather and that's why I would keep it. It has almost no value (perhaps $5) on the market because of the damage and very heavy wear.
Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith |
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Rest in Peace
United States
4078 Posts |
 After all it is from your grandfather. |
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Valued Member
 Canada
64 Posts |
Thanks guys! It is neat to have such an old coin and wonder how he ended up with it.
GRcoins
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Pillar of the Community
United States
2362 Posts |
Grcoins - I just had a another thought about this coin. Your grandfather was a collector and knew that it had little or no market value, but he kept it. Often a collector having a heavily worn and damaged coin will keep it as a pocket piece. Is it possible that your grandfather carried a pocket piece with him? This coin may have been personally valuable to him also. As I said earlier - it's definitely a keeper.  Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith |
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Valued Member
United States
324 Posts |
your grandfather kept it because perhaps his grandfather gave it to him when he was little.
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Pillar of the Community
United States
3546 Posts |
GR,
You might even be able to grab $ 7 - $ 8 for that coin if an auction didn't have any other large cents going on the block that day.
It's pretty much just a hole filler in its current state.
mdpmedia
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Pillar of the Community
United States
4692 Posts |
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Valued Member
Canada
64 Posts |
Thanks for all of your comments and suggestions! Knowing that the coin's not worth much frees me up to enjoy it for itself and ponder its origins!
My great great great grandparents moved from Ontario in the 1860s intending to make their fortune in the Pennsylvania oil boom, but returned to Canada a few years later, apparently with nothing, except perhaps this large cent!
GRcoins
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Replies: 9 / Views: 1,713 |
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Posted 10/23/2014 2:50 pm
