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1838 Newcomb-15 AU Details Value

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Sheldon Overton Baby's Avatar
United States
179 Posts
 Posted 05/14/2017  12:37 am Show Profile   Bookmark this topic Add Sheldon Overton Baby to your friends list Get a Link to this Message Number of Subscribers
Not saying I have one and I know hard without pictures but what do you think a 1838 N-15 in AU Details (cleaning) would sell for?

$6500 seem like very fair price?
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TypeCoin971793's Avatar
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6370 Posts
 Posted 05/14/2017  07:33 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
No. That is what a priblem-free MS-62 sold for.

I'd be happier at around $2000 if truly AU. If overgraded EF, then $750-1000.

It is only an R-5 variety of a middle-date large cent. There should not be that much of a premium.
Edited by TypeCoin971793
05/14/2017 07:36 am
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paralyse's Avatar
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12057 Posts
 Posted 05/14/2017  12:12 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Cannot determine a net grade with no photos and TPG AU50 could be anywhere from EAC 20 to EAC 40 depending on how severe the cleaning is and what other issues the coin has. $6500 is ridiculous for a TPG AU coin, that's EAC AU money / TPG MS63 or so, and such a coin would be finest or nearly finest in the CC.

Penny Prices gives $6000 EAC 45, $3500 EAC 40, $2000 EAC 30, $900 EAC 20, $350 EAC 12, for average coins without problems. CC shows the finest is a single EAC 50, choice, and the lowest in the CC is #7 at EAC 20, avg. There are only 14 total coins in the entire CC.

Let's say this were a TPG AU50 with no details designation, an average TPG AU50 usually ends up around an average EAC 35, in which case if there were no distractions the coin would be worth around $2000-$2500, and perhaps $3000 for a choice example. Start at that point and then deduct for how severe the cleaning is, and how compromised the coin's eye appeal is, and that will tell you where the price should be. Your best market, if you had a coin to sell, would be at an EAC Convention sale or to a larger EAC dealer (Butternut, Frisco Mint, Earlycoppercoins, Inde Et Lib, etc.)
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
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