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A Significant Coin For My Collection- 1798 Draped Bust Cent

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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 10/07/2015  10:54 am Show Profile   Bookmark this topic Add GERMANICVS to your friends list Get a Link to this Message Number of Subscribers
I believe this to be one of my better recent acquisitions in the copper area. It is an 1798 with Style 1 Hair. The variety is Sheldon 163, Rarity-4.

This variety is characterized by so-called 'Unfinished' hair below 'ER', and a nice series of die crack which develops in late die states on the reverse.

The best known S-163 is a piece in VF30, so although I have not yet assigned a grade to the coin, I do believe it may have its place in the CC for the variety. The coin is not totally problem-free, as it does have a small area of roughness (minor corrosion?) on the obverse and corresponding area on the reverse. However, it is minor and should not weigh in too heavily. The surfaces are totally original and nicely toned, and the series of die cracks clearly evident on the reverse.

I thought I would show you guys this coin, the kind of coin which gets a copper collectors heart racing. I would welcome and appreciate your comments and your thoughts on grade and condition.

Thanks,


A-Significant-Coin-For-My-Collection--1798-Draped-Bust-Cent

A-Significant-Coin-For-My-Collection--1798-Draped-Bust-Cent
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 10/07/2015  1:01 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Nice. The halo of red gives it outstanding eye appeal. The corrosion is pretty minor and I'd hope it wouldn't affect grading.

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jpbone's Avatar
United States
1959 Posts
 Posted 10/07/2015  1:19 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
I think this coin makes EF market grade. Whether or not it would receive a details grade is in question and wouldn't surprise me either way. The coin is beautiful. EF-40 details.
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Debrajc's Avatar
United States
4211 Posts
 Posted 10/07/2015  1:48 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Wow...she is a real beauty! Did you find her in Germany?
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Conder101's Avatar
United States
17884 Posts
 Posted 10/07/2015  2:00 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
It is definitely a CC piece, since the extended census of the top 19 pieces extends all they way down to a G-6. The top ten goes down to a F-12 coin.
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EFLargeCents's Avatar
United States
1304 Posts
 Posted 10/07/2015  2:01 pm  Show Profile   Bookmark this reply Add EFLargeCents to your friends list Get a Link to this Reply
I'm not even sure that is corrosion, that might just be a planchet defect. There is no discoloration in that spot. The red has me wondering if this has been cleaned and retoned in the past. With that all said. I'm going to say this coin would grade as 30 using EAC guidelines. Not having seen the two 30's at the top of the CC (a 30/Choice and a 30/Average), my guess is that this would fit somewhere after the 30/Average in 3rd place in the CC if using Noyes Penny Prices 3rd Edition. Just a nice coin. Congrats! I imagine EAC would love to know about this coin.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 10/07/2015  2:04 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
beautiful.
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 10/07/2015  2:08 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Thank you, everybody. Conder, thanks for confirmation.

I would hope too that the coin would straight-grade, no details, although I have no intention of having this encapsulated. In this particular case, I would have to say the usual 'I have seen a lot worse in straight TPG holders', and I have.
I am not sure about the red, of course, but the red halo may possibly be faint remnants of original colour. It is certainly not cleaning.
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EFLargeCents's Avatar
United States
1304 Posts
 Posted 10/07/2015  2:49 pm  Show Profile   Bookmark this reply Add EFLargeCents to your friends list Get a Link to this Reply
Here is one of the top CC coins for comparison.

http://coins.ha.com/itm/large-cents...ption-071515
Edited by EFLargeCents
10/07/2015 2:50 pm
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johnjkedel's Avatar
United States
594 Posts
 Posted 10/07/2015  3:02 pm  Show Profile   Bookmark this reply Add johnjkedel to your friends list Get a Link to this Reply
Beautiful ! IMO it is a 40. Hopefully, and I think it might, the rough areas will be considered non-detail concerns. Congratulations on owning that beauty :)
Valued Member
United States
95 Posts
 Posted 10/07/2015  3:08 pm  Show Profile   Bookmark this reply Add grr601 to your friends list Get a Link to this Reply
That is one nice large cent. I was happy to pick up a 1797 large cent yesterday, but it is no where near as nice as this one. Congrats!
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jbuck's Avatar
United States
189142 Posts
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 10/07/2015  3:31 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
EFlargeCents, thank you very much for the link. Very interesting!
Both coins are in fact comparable, even if the darkish tone and reverse texture may not be to everyone's taste. It does have a strong strike. however.
Each has it pluses and minuses, as one may expect.

You mention two VF30's? any idea where I could find photos of those?
Thanks again for the link.

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rollhunter31's Avatar
110 Posts
 Posted 10/07/2015  3:32 pm  Show Profile   Bookmark this reply Add rollhunter31 to your friends list Get a Link to this Reply
Very nice!
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EFLargeCents's Avatar
United States
1304 Posts
 Posted 10/07/2015  3:33 pm  Show Profile   Bookmark this reply Add EFLargeCents to your friends list Get a Link to this Reply
The one I linked is one of the EAC30's. I couldnt find the other one online.
Valued Member
United States
297 Posts
 Posted 10/07/2015  3:54 pm  Show Profile   Bookmark this reply Add 732amran to your friends list Get a Link to this Reply
Coin is super enlarged-- In hand coin would look very sharp and picture is off in color a bit hazy confusing---lol. Its tricky taking coin pictures,but ill give this XF 40 if coin in hand is indeed not dry as it seems with the picture. Ruff spots is very minor. Give us another picture--this is a great coin
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