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 Replies: 43 / Views: 4,032 |
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Pillar of the Community
United States
6326 Posts |
This is on an auction bill.....no pictures......what are some thoughts on this coin ? If I go to the auction, what would be the ceiling I should pay (obviously going by "their" term of "good condition") ? I don't have my books in front of me.....so I was just curious on others thoughts about this coin. This is an "estate" auction too.......with mostly other stuff like furniture, garden things, cars, motorcycles, books...only a handfull of coins there. 1793 Liberty 1 cent.....good condition.......should I go and try for it or not ? And what are my price ranges ?  Edited by eaglefoot
03/31/2008 11:06 am
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Pillar of the Community
United States
914 Posts |
Just keep mumbling: 'That would look good in my counterfeit coin collection...'
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Pillar of the Community
United States
591 Posts |
well if I'm correct ag-3 in the blue book is $700. That is for a liberty cap Large cent. Is that what your looking at?
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Pillar of the Community
United States
6381 Posts |
Do you feel lucky? Well, do you?
Vaslin probably has it right; it's much more likely to be some kind of fake or reproduction than the real thing. If by some chance it were real, "good" condition could mean anything, right down to "Poor-01 details, corroded, cleaned, bent, holed, scratched, and tooled".
Still, gambling can be fun. If you don't mind a 100% loss of your investment, you can take a chance. Be sure to post your prize if you decide to go for it!
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Bedrock of the Community
United States
12437 Posts |
Three different cents were produced in 1793- the Flowing Hair chain rev, Flowing Hair wreath rev, and Liberty Cap and all of them are $1000+ coins in AG3 and above. The odds of someone having a real one at an estate sale with household items(read: not a coin auction) is incredibly small and more than likely it is a reproduction or at worst a counterfeit.
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Pillar of the Community
United States
5318 Posts |
Personally, I would not buy any early large cents without a photo. Assigned "grades" vary so widely you need a well-lit high resolution photo to have any idea at all. And I'm not talking about blurry little ebay photos here--500 pixels minimum. There's too much that can go wrong to affect the value. If the seller won't provide photos for a 1793, they're hiding something (imo)  Those two words "estate auction" have become an overused excuse for the seller to waive any detailed info or assurances on the items they sell. It's a big red flag to me, although maybe, sometimes it's true  Edited by KurtS
03/20/2008 2:23 pm
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Bedrock of the Community
United States
17884 Posts |
quote:
ag-3 in the blue book is $700. That is for a liberty cap Large cent
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Pillar of the Community
United States
543 Posts |
Red Book value is $2,000 for the Vine/Bars Edge, $2,350 for the Lettered edge. And its obviosly not a strwberry leaf variety!
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Pillar of the Community
United States
543 Posts |
Though I would suggest that it is a fake.
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Bedrock of the Community
United States
17884 Posts |
After all that, I would say if you aren't doing something else important go ahead and go. You never know, you might get a bargain. That's how I got my 93 wreath. It was at a sale where everyone was focused on the silver coins and the silver dollars being sold and I walked off with a 1793 wreath cent in no problem Good for $150. (Yes, it is real.)
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Pillar of the Community
 United States
6326 Posts |
I would like to get a $$$THOUSAND DOLLAR COIN$$$ for a couple hundred dollars...but I'm NOT good enough to spot a counterfeit...What are some things to look for in the fake ones ?
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Pillar of the Community
United States
6326 Posts |
I should mention too, that there are about 50 "lots" of just coins at this estate auction...it's just that the main focus is NOT the coins, I believe. There are a lot of interesting coins there, this one just "stuck out" for me.....it'd be the oldest one I've got. I guess I've got to learn how to tell a fake one from a real one in exactly ONE WEEK !! There are some Flying Eagle cents there...Morgan......seated stuff...etc.etc.etc. |
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Moderator
 United States
187702 Posts |
I would most definitely arm yourself with as much information as possible! Print out some pictures and cheat sheets to take with you for diagnostics. Of course, take your Red Book! |
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Pillar of the Community
United States
543 Posts |
I agree with jbuck! Be a smart buyer not an uneducated one, like the people who buy Morgan dollars from Littleton! |
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Pillar of the Community
United States
6326 Posts |
Well, I've decided to go to the auction...... There will also be a "error" Lincoln Cent........2 - 1780 Bohemian Dollars...... some Large Cents......IHP's......Wheaties......Barber & Seated varieties..and what they are calling "4 Flying Eagle Dimes"........ 4 Flying Eagle "Dimes" ??......... (1829-1837) ......is that the years they mean on these dimes ? I have never heard of the term "Flying Eagle Dime" before ! But, yes......I've decided to take the chance on this coin and see if I can get it cheap........NOTHING there will be slabbed and graded I suspect.....(i don't own any slabbed coins anyway !) But I just can't let this opportunity go without going to see. Hopefully no one will go too high on it and there won't be many people there. Edited by eaglefoot
03/24/2008 09:09 am
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Moderator
United States
187702 Posts |
Flying Eagle Dime? If you can't buy anything, do get some pictures! |
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Replies: 43 / Views: 4,032 |
Posted 03/20/2008 11:22 am
