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1798 Draped Bust Large Cent Grading

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paralyse's Avatar
United States
12057 Posts
 Posted 10/26/2016  09:45 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I'll never discourage anyone from buying what they like -- my own collection runs the gamut from culls, ugly dogs, and outright disasters to four-figure gems. Don't take what I said as criticism, just as constructive feedback based on experience with both the subject and the market.

One thing you will find about early copper is that it has its own standards not shared with any other specialty except perhaps colonials. Grading, valuation, and other things are not approached in the same manner that they are for, say, Morgan dollars, one of my other favorite series.

That being said, know that problem-free early copper is out there, even as far back as the Chain cents, but choice examples of Half Cents and large cents are avidly collected, often held, and heavily in demand by a group of buyers whose passion ranges from obsession to fanaticism, and you can expect ask and sale prices to reflect that passion when those choice coins do finally get ready to be "re-homed."
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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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moxking's Avatar
United States
17900 Posts
 Posted 10/26/2016  2:38 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Please note that the age of the coin (or any item) has nothing to do with it's grade or condition. There are many 2000 year old coins that are mint state and beautiful.

While the vast majority of Half Cents and large cents do have problems, there are plenty that do not.
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panzaldi's Avatar
United States
18712 Posts
 Posted 10/26/2016  2:46 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
moderate corrosion, scratches & cleaned. VF details. if you are collecting it for the purpose of collecting it and not reselling down the road then you did ok. a nice clean example of a VF20 can go for as high as $1000
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