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1858 Flying Eagle Cent Large Letters Redux

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Author Previous TopicReplies: 11 / Views: 1,899Next Topic  
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numismatic student's Avatar
United States
11894 Posts
 Posted 11/19/2017  11:39 pm Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
Paid $185.50 for this one. Thoughts on grade and problems? Thanks!

1858-Flying-Eagle-Cent-Large-Letters-Redux
1858-Flying-Eagle-Cent-Large-Letters-Redux
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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MikeF's Avatar
United States
3479 Posts
 Posted 11/20/2017  01:11 am  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I don't look at them and I'm totally clueless on how to grade them. But since no one has responded, I'll kick the party off at xf-45.
Edited by MikeF
11/20/2017 01:11 am
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Optimist-numismatist's Avatar
Canada
683 Posts
 Posted 11/20/2017  01:28 am  Show Profile   Bookmark this reply Add Optimist-numismatist to your friends list Get a Link to this Reply
Hard to tell but I will say AU-50
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 11/20/2017  08:41 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Not only an AU-55, or perhaps even 58, but the toning is perfect and monotone without a single blemish. Likewise, the eagle on the obverse and the lack of indecent hits or marks really makes the obverse stand up.

If this were mint state (which it is not) it would easily grade at 63, or a longer shot at 64.

The reason I mention the "if it were mint state" thing is that you have taken advantage of a coin grading anomaly that a lot of buyers seem to miss. That being if a coin just misses mint state, or even is in a lesser circulated grade down to about 45, a un-blemished AU can be worth more, in my opinion, than a 60, or 61, and possibly even a 62.

If you "pretend" your circulated coin was mint state, even if it isn't, and grade it as a mint state coin would be graded, you get the top choice, the pick of the litter, for beautiful coins at great prices. You also avoid coins that have big icky problems.

Love this selection.
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IndianGoldEagle's Avatar
United States
36770 Posts
 Posted 11/20/2017  10:00 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-58, great strike for an FE.
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numismatic student's Avatar
United States
11894 Posts
 Posted 11/20/2017  11:00 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thanks for sharing your thoughts so far.

One thing I was concerned about was the two marks in the area under the "AT" in "STATES." Those marks look a lot like someone may have inscribed a "12" there. I may have to examine in hand, but I am concerned that there is graffiti there. I will update after careful examination.

What attracted me to this coin are the strike and the feather detail in the breast of the eagle especially and throughout the eagle generally which look complete, albeit rubbed at the tips.

Also, I realize that some people may believe-correctly-that grade should be independent of price and I agree for the most part, but I also feel that there is price dependency in the tradeoffs that I make in selecting a coin and the associated set of attributes that this entails.

Anyhow, I have learned a great deal from the mistakes that I have made, and especially when you have pointed those out and explained them to me. Sorry for the long, drawn our post, but wanted to thank everyone for your efforts to help and educate me on the finer points of the hobby gleaned from your collective experience.
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
Edited by numismatic student
11/20/2017 12:06 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/20/2017  3:58 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree AU-58, super coin and congrats.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 11/20/2017  8:05 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
AU-58.
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bandsdean's Avatar
United States
2125 Posts
 Posted 11/20/2017  10:43 pm  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
AU-55. Large Letters with Low Leaf reverse. The reverse strike is very nice. I think this coin will look nice in hand. Update with new pics when able!
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ron6788's Avatar
United States
655 Posts
 Posted 11/21/2017  09:46 am  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply
I don't see any wear myself, especially on the tips of the wings. I'd give it a 62. At $185, it's a steal. I may be cautious as to why it's not slabbed.

BTW, I love seeing the detail work on this coin when all the feathers are intact. It's also so very hard to find coins in this condition. Very nice!
Edited by ron6788
11/21/2017 09:58 am
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paralyse's Avatar
United States
12057 Posts
 Posted 11/21/2017  9:46 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
AU55 sharpness, lots of contact marks, mostly intact luster and a gouge on the reverse below the left side of the wreath. Wing tips, upper edges of wing, high breast feathers, and upper tail feather are slightly worn. The color looks as it should - original! The obverse rim Cuds indicate a later die state.
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
Edited by paralyse
11/21/2017 10:11 pm
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panzaldi's Avatar
United States
18670 Posts
 Posted 11/23/2017  11:52 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
AU55 also. nice coin
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