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Changing Views Regarding "Problem Coins"

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Aoraki's Avatar
New Zealand
148 Posts
 Posted 01/10/2018  5:07 pm Show Profile   Bookmark this topic Add Aoraki to your friends list Get a Link to this Message Number of Subscribers
When I decided to get serious about collecting Large Cents, one of the rules I established was that I would avoid "problem coins". This didn't necessarily mean that a coin would have to straight grade. For instance, an attractive coin that may have been cleaned years before - and had since re-toned - would be OK. But it did mean that I ignored any coin with a rim bump, significant scratch, environmental damage, etc.

That rule made sense when my focus was on Braided Hair LCs. However, I've recently gotten interested in Draped Bust LCs, especially the 1801 varieties. To cut out the "problem coins" in this series - I now realise - means setting aside a huge number of nice coins.

So, at least with the older coins, my viewpoint has changed and it has been quite liberating. I recently bought the following coin. A coin that has fascinated me since I was 12 years old (I always wondered what the engraver could have been thinking...). Yes, it's been attacked by the slasher but I still find it beautiful and it cost me a fraction of what an un-slashed coin would have gone for.


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Changing-Views-Regarding-
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ty88ty2's Avatar
United States
772 Posts
 Posted 01/10/2018  5:37 pm  Show Profile   Bookmark this reply Add ty88ty2 to your friends list Get a Link to this Reply


Personally, that coin is amazingly beautiful. Great pictures of it. The slash just gives it character!
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Phil310's Avatar
United States
1101 Posts
 Posted 01/10/2018  5:39 pm  Show Profile   Bookmark this reply Add Phil310 to your friends list Get a Link to this Reply
I have lots of "problem coins" in my collection. When you are collecting early copper on a low budget, you don't have much choice but to accept them.

But on the bright side, It makes me really appreciate the nice problem free ones I get every now and then!

Your coin is nice! Much nicer than a lot of my "problems".
Edited by Phil310
01/10/2018 5:41 pm
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kanga's Avatar
United States
5825 Posts
 Posted 01/10/2018  5:40 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
As I went further back in time I found I had to start making allowances for what I would accept.
Either that or find a large source of funds.
I have no problem understanding your change in rules regarding "problem coins".

Nice coin.
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MikeF's Avatar
United States
3479 Posts
 Posted 01/10/2018  5:47 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Nice coin! I'm in your camp when it comes to early copper and colonials. I'll take the affordable worker coin over $1,000 ones all day long. They are so historically significant that the damage really doesn't me. In fact I think it adds character. I currently have an early copper sale running in the Items you have for sale section but I don't think you have a high enough post count to buy here yet.

Here's my 1794 Half Cent with ED.

Changing-Views-Regarding-
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Edited by MikeF
01/10/2018 5:50 pm
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Mark1959's Avatar
7234 Posts
 Posted 01/10/2018  5:51 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
1801 looks nice to me - I would easily add that to an album. You'de have to have some deep pockets if you were to want Large cents from 1793 to 1810 that don't have any problems.
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moxking's Avatar
United States
17900 Posts
 Posted 01/10/2018  6:08 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Just finding early copper that grades righteous is a problem itself. I've changed my own requirements on most pre-1815 coinage of all denominations.

But I'd still rather have a straight 15 over a corroded VF.

I like your 1801.
Valued Member
Aoraki's Avatar
New Zealand
148 Posts
 Posted 01/10/2018  6:13 pm  Show Profile   Bookmark this reply Add Aoraki to your friends list Get a Link to this Reply
Mike, I did see your copper sale post and tried to PM you. That's when I discovered the 50 post requirement...

Your Half Cent is a beauty.
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sprants's Avatar
Canada
34 Posts
 Posted 01/10/2018  6:54 pm  Show Profile   Bookmark this reply Add sprants to your friends list Get a Link to this Reply
I'd like to know what kind of damage other find acceptable.

This cheek scratch helped me finally finish my half dollar type set.
Changing-Views-Regarding-

This hole made this great nickel cost only $6.
Changing-Views-Regarding-

Holes and old scratches don't bother me nearly as much as plugs and recent scratches.
Cleaned coins I stay away from completely. the only cleaned coins I have are from when I didn't know better.
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aristarchus123's Avatar
United States
1695 Posts
 Posted 01/10/2018  7:15 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply

Quote:
Yes, it's been attacked by the slasher but I still find it beautiful and it cost me a fraction of what an un-slashed coin would have gone for.


A very beautiful coin. If the slash had been on the obverse, however, I think the value of the coin (and certainly its beauty) would be affected significantly.
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Buddy's Avatar
United States
7075 Posts
 Posted 01/10/2018  7:46 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I like the coin -- even slashed.

Is that a die crack on the reverse above the slash? There's something else going on under the first A in America. Are those from circulation?
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Aoraki's Avatar
New Zealand
148 Posts
 Posted 01/10/2018  9:07 pm  Show Profile   Bookmark this reply Add Aoraki to your friends list Get a Link to this Reply
Buddy, those are die cracks which are common to the S-220 variety.
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scopru's Avatar
United States
5029 Posts
 Posted 01/10/2018  9:22 pm  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Your coin is a beauty.

I think we all at some point have had a change in our thought process regarding certain coin we want to collect.
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boguilliams's Avatar
United States
29 Posts
 Posted 01/11/2018  11:18 am  Show Profile   Bookmark this reply Add boguilliams to your friends list Get a Link to this Reply
Wonderful coin!
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Buddy's Avatar
United States
7075 Posts
 Posted 01/11/2018  7:39 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply

Quote:
Buddy, those are die cracks which are common to the S-220 variety.


Thanks. I think it makes the coin even more interesting.
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chesterb's Avatar
United States
1261 Posts
 Posted 01/11/2018  8:15 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
Sprants, that 1795 Half looks awesome even with the cheek scratch. There's a lot of detail on that coin.
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