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 Replies: 16 / Views: 3,594 |
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Valued Member
United States
384 Posts |
Hey, As I am working to out together a nicer type set, I have turned my attention to cents. The Flying Eagle cents gets really expensive in AU and MS. Very few of the coins have luster (which I like in my coins) and was wondering why that is? Why so expensive? Thanks |
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Pillar of the Community
United States
6370 Posts |
Shop around and be patient. If it is graded AU and has no luster, then it is overgraded. Every metal coin originally has luster by physics.
As for expensive, it is a popular 2-year type coin (three if you include 1856). Again, shop around. I got my EF/AU for $5.
And you don't know expensive until you try to get the early large cents in AU.
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Valued Member
 United States
384 Posts |
$5? The ones I'm looking at in AU around 2-300 and MS is 600
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Pillar of the Community
United States
1055 Posts |
I would go for AU 55-58 rather than low ms 60-62. The AU coins will have greater appeal, to the eye and the wallet!
Good luck in your search
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Pillar of the Community
United States
6370 Posts |
Quote:
$5? The ones I'm looking at in AU around 2-300 and MS is 600 Yup. $5.   |
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Pillar of the Community
United States
1695 Posts |
I don't think "luster" is the right word for that 1857.
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Rest in Peace
10197 Posts |
 TC that's a det coin for sure, weakly struck at that, can see why less than top $.  |
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Bedrock of the Community
United States
11880 Posts |
not a very attractive fec but I would still pay $5 for it  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
United States
4211 Posts |
Good pickup for $5 but not attractive. |
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Pillar of the Community
United States
6370 Posts |
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I don't think "luster" is the right word for that 1857. It has none. But I am not complaining. It fills the hole. Quote:
TC that's a det coin for sure, weakly struck at that, can see why less than top $. It's problem-free, except for a small patch of light verdigris by the tail. It just has a severe MAD on both sides. Quote:
not a very attractive fec but I would still pay $5 for it It actually looks a lot better in hand. These pictures were taken in the early days of my iPadography, so they were pretty terrible. I will take more pictures and start a new thread since I have hijacked this one. Oops. Sorry...  |
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Bedrock of the Community
United States
11880 Posts |
Quote:
If it is graded AU and has no luster, then it is overgraded. Quote:
EF/AU for $5. aristarchus: I don't think "luster" is the right word for that 1857.Quote:
It has none. These statements seem logically inconsistent. If no luster, then not AU.
Mine is XF/AU.
Mine has no luster. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
05/27/2017 2:34 pm
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Pillar of the Community
United States
6370 Posts |
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Pillar of the Community
United States
716 Posts |
Quote:The Flying Eagle cents gets really expensive in AU and MS. Very few of the coins have luster (which I like in my coins) and was wondering why that is? Why so expensive Mint state FE's can vary greatly in quality. Many were poorly struck or suffer from poor luster due to cleaning or just environmental conditions. So those high grade examples that have lots of luster and are fully struck are at a minimum. These coins, because of their relative rarity, can command a higher premium. The high price is a reflection of a relative low supply and a high demand. |
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Bedrock of the Community
United States
94367 Posts |
Copper nickel coins loose their color and luster much faster than other copper alloys. Despite a huge mintage, the FE cent is expensive basically because it's a 2-year type coin. A similar example would be the high-mintage 1853 Arrows and Rays quarter.
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Rest in Peace
United States
18456 Posts |
TypeCoin , not meaning to put you down but there's no way in HECK I would call that coin for $5 EF-AU .  |
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Bedrock of the Community
United States
94367 Posts |
However you look at it, five bucks is a great price. But it's a terribly soft strike, with half the obverse lettering missing or nearly so, and the reverse equally soft and likely cleaned. Price aside, this is a problem coin. Edited by Coinfrog
05/27/2017 6:46 pm
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Replies: 16 / Views: 3,594 |
Posted 05/27/2017 10:54 am
