Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Just Got A Wreath 1793 !

To participate in the forum you must log in or register.
Author Previous TopicReplies: 54 / Views: 4,078Next Topic
Page: of 4
Valued Member
United States
297 Posts
 Posted 11/01/2015  12:35 am  Show Profile   Bookmark this reply Add 732amran to your friends list Get a Link to this Reply
Paralyse-- I know that- But at $1000 I saved $2000 and got a decent nice appealing coin
Bedrock of the Community
paralyse's Avatar
United States
12057 Posts
 Posted 11/01/2015  03:03 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Amran -- Indeed, it's a decent price. No objection from me. Like I said, it might be slightly high, but within the acceptable range.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Pillar of the Community
dsfreeworld's Avatar
United States
4337 Posts
 Posted 11/02/2015  08:25 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
FR Details


Quote:
There are no big scratches ,rim bums or damage on this one


There's not?

The obverse is a strong head strike. That's about where the brakes are hit for a "G" designation. The reverse is unattractive, damaged and not worthy of anything other than a details designation.

Outside of the above, beauty and value are in the eye of the beholder. If the OP feels a $1,000 price tag was worth it than so be it, God Bless. If the OP ever decides to resell than the coin will be worth what the next person is willing to pay.

Valued Member
United States
297 Posts
 Posted 11/02/2015  09:50 am  Show Profile   Bookmark this reply Add 732amran to your friends list Get a Link to this Reply
There is a difference from a Deliberate damage old or recent. And then there is deliberate damages to a coin -as with a tool of sorts and that's the worst- unless there was a severe corrosion and removing a clump or ect of Verdigris-. Even though there is pitting in the center rev ---it was not a deliberate-but rather a natural over many years of nature eating the coin. Ha ha --but its true
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36900 Posts
 Posted 11/02/2015  10:25 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Any major damage will get a coin a "details" grade, whether deliberate or environmental.
Pillar of the Community
dsfreeworld's Avatar
United States
4337 Posts
 Posted 11/02/2015  5:04 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply

Quote:
Any major damage will get a coin a "details" grade, whether deliberate or environmental.




But that having been said, I can where the OP is going. It's a matter of self-assessment and perceived value.

So, in the case of this coin, a few rim dings and nics aside, you've got a strong head strike, MUCH stronger than most in the FR grade tier. You've got a reverse with some meat left on it, more so than the typical FR range. However, it is damaged nonetheless and that's that.

I believe the OP feels that, deep pitted reverse corrosion aside, he's <assumption, forgive please) got the creme dela creme of all FR Details 1793 wreath cents and he ONLY paid $1,000 for this "seemingly" $3,000 coin. I get it. I've been there.

Here's the rub I've learned as my Numismatic education and aspirations have evolved over the years:

The coin's grade and it's worth are not set by the standards of its owner, but by the standards of the market that will decide and support its value through a resale process. Right now, the coin is actually worthless. It's a $1,000 gone and not to be seen again until such time it goes up for sale.

Bedrock of the Community
IndianGoldEagle's Avatar
United States
36900 Posts
 Posted 11/02/2015  5:32 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Well stated.
Valued Member
United States
297 Posts
 Posted 11/03/2015  12:02 am  Show Profile   Bookmark this reply Add 732amran to your friends list Get a Link to this Reply
Dsfreeworld feels the coin is worthless because any coin that has a a Details designation is a total fool for buying such a coin and total loss of money. Wow very smartly said-------ha ha ha ha ha ! I'm rolling with laughter"
Moderator
Learn More...
vermontensium's Avatar
United States
16679 Posts
 Posted 11/03/2015  12:26 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
This thread has run it's course
swcoin.ecrater.com
  Previous TopicReplies: 54 / Views: 4,078Next Topic
Page: of 4

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.3 seconds to rattle this change. Forums