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1803 Large Cent

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monkeyman's Avatar
United States
3 Posts
 Posted 01/15/2008  01:28 am Show Profile   Bookmark this topic Add monkeyman to your friends list Get a Link to this Message Number of Subscribers
please give me a grade and approximate value that this coin would sell for.

1803-Large-Cent

1803-Large-Cent

Thanks
monkeyman
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1sikevo's Avatar
United States
1130 Posts
 Posted 01/15/2008  02:31 am  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
Hmm... not that good on draped bust cents, but I do have a couple.
Corroded w/ G4 details ? I'm not sure what variety it is. Interesting feature halfway down the hair on the obverse. Die clash marks ?
Let's hear from some experts on this one.
Edited by 1sikevo
01/15/2008 02:45 am
Valued Member
philney's Avatar
United States
231 Posts
 Posted 01/15/2008  03:06 am  Show Profile   Bookmark this reply Add philney to your friends list Get a Link to this Reply
The coin appears to be between G-4 and G-6. These coins have different grading standards due to the age of the coin and the quality of the inital production. I would expect it to bring somewhere in the neighborhood of $50.00-$60.00. Nice coin though, I don't have any of those yet.
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Gary Burke's Avatar
United States
3730 Posts
 Posted 01/15/2008  04:13 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I recently bought an 1802, but it is not as good as yours.
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neuron's Avatar
United States
254 Posts
 Posted 01/15/2008  12:51 pm  Show Profile   Bookmark this reply Add neuron to your friends list Get a Link to this Reply
Although I'm in the office and don't have reference books handy, I think it looks VG to me. Nice hair details, bold date, and good reverse details too. The corrosion looks pretty light and doesn't detract much. All in all a very nice early large cent! I bet with good pictures and an ending time on a Sunday evening, it would sell on ebay for $60-$80. Just my opinion, of course. A dealer would not pay anywhere close to that though... you'd probably get offered $20-$30 I bet.

Before you sell it though, check out Sheldon's "Penny Whimsy" to identify the die variety- if it is a rare one, it could be worth many hundreds to a large cent collector. There should be plenty of detail remaining to accurately identify the variety.

BTW, welcome to CC monkeyman!

Regards,
~neuron
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Vaslin's Avatar
United States
914 Posts
 Posted 01/15/2008  12:55 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list Get a Link to this Reply
Since the date is not readable, I'm going to have to go with

Front G-4 Cleaned/Corroded
Back G-6
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okie-colin's Avatar
United States
1083 Posts
 Posted 01/15/2008  2:45 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
F-12 details, corroded and cleaned. These are scarcer than the Draped Bust Half Cents and many of the circulated examples are corroded and have been cleaned at some point in the past. It would be worth from $100 to $125.
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United States
207 Posts
 Posted 01/15/2008  3:37 pm  Show Profile   Bookmark this reply Add 1899 to your friends list Get a Link to this Reply
VG- my opinion
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blcoinnut's Avatar
United States
189 Posts
 Posted 01/15/2008  5:53 pm  Show Profile   Bookmark this reply Add blcoinnut to your friends list Get a Link to this Reply

I don't know but it looks at least fine to me.
Look at all the hair,drapery.
Can't see the 1,but ok,the rest of it looks good.
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1sikevo's Avatar
United States
1130 Posts
 Posted 01/15/2008  6:38 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
Fine ? What about the obverse rims ? It's worn into the coin itself. Also, the full date cannot be read. The reverse is much stronger and can warrant a fine by itself. Anyone figure out that die mark on the obverse ?
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okie-colin's Avatar
United States
1083 Posts
 Posted 01/15/2008  6:54 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
The reverse may be more close to a VG-8, but the grading standards for these are more liberal due to soft metal and age. By my Photograde (a conservative guide) this coin exhibits hair detail on the obverse that is clearly a F-12. Rims are not a major factor in a Draped Bust Large Cent.
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Conder101's Avatar
United States
17884 Posts
 Posted 01/15/2008  7:17 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Sharpness of a F-12, good color but with moderate porosity Net G-6. Value about $60. The mark you are seeing through the hair is part of a massivie arcing die crack that runs from about 9:30 to 6:00. It is key identifying feature of S-261 and is seen on mostspecimen. Surprisingly even with that massive die failure the die stayed in use for some time and S-261 is a fairly common variety. Then years later this now heavily rusted die was resurrected, had its date altered, and was paired with an 1820 reverse die to create the "1804 restrike"
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okie-colin's Avatar
United States
1083 Posts
 Posted 01/15/2008  8:14 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
Conder, not trying to be argumentative here, but how do you get to a "net G-6" from a "Sharpness of a F-12" ? The porosity or corrision is environmental damage. While it affects the value, it does not affect the grade. This coin would not be slabbed by anyone but ANACS who would grade it (only my opinion) as F-12 Details with Corrision (also possibly cleaned). If accurate (I have no idea), I am impressed by the call on the die crack!
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patrick's Avatar
United States
560 Posts
 Posted 01/15/2008  8:27 pm  Show Profile   Bookmark this reply Add patrick to your friends list Get a Link to this Reply
This is a tough coin, both because of its age and the uneven wear. Parts of the back look fine and there is some good detail on the front too. I would say overall G6/VG8. It might be the photo, but the 1 in the date looks pretty weak and the 1/100 appears faint. A really nice early cent! I wish I had one.

Great info on the S261 variety Conder - thanks for posting that.
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/15/2008  9:19 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Details/net grading is relatively common in the realm of early copper. So many coins have corrosion and porosity issues that they cannot be ignored as "damaged coins". Planchet quality for early coppers was generally mediocre so the quality of the coins produced were not world-class.

ANACS used to details/net grade on their old small slabs with problem coins. For early copper, the details/net grading gives a reasonable description of the condition when buying sight-unseen and as an indicator of relative value. If the grades are close, the coin is not too bad. If the grades are two or three apart, then it is closer to being a cull

I see lots of hair detail and leaf separation with moderate porosity so I call it F-12 details, net VG-8. Not the greatest example of an 1803, but I wouldn't kick it out of my collection

The caveat to this is that net grading is even more subjective than standard details grading. I imagine the problem of subjectivity and implied value is the reason that ANACS stopped grading problem coins this way.

Edited by biokemist6
01/15/2008 10:26 pm
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monkeyman's Avatar
United States
3 Posts
 Posted 01/17/2008  10:29 am  Show Profile   Bookmark this reply Add monkeyman to your friends list Get a Link to this Reply
thanks guys for your help. I am still considering sending this coin to anacs, just to see what they think. By the way, although the one in 1803 is faint, when you have the coin in hand, it is very easy to see and you can definitely tell that it is there. 1/100 on the reverse is also weak, but readable
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