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1805 Large Cent - Grade?

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RubyOpal's Avatar
United States
109 Posts
 Posted 03/05/2018  9:05 pm Show Profile   Bookmark this topic Add RubyOpal to your friends list Get a Link to this Message Number of Subscribers
I'm thinking about buying this one - would like opinions before I commit.



1805-Large-Cent---Grade?
1805-Large-Cent---Grade?
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MikeF's Avatar
United States
3479 Posts
 Posted 03/05/2018  9:10 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
This is a pleasing lightly corroded example. vf-details. Since it's raw I wouldn't pay more than $150 for it.

Edit: actually that looks like it might be in an NNC slab. If it's in a basement slab like NNC, then there is NO premium and should be purchased for the same prices as a raw coin.
Edited by MikeF
03/05/2018 9:29 pm
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Mark1959's Avatar
7234 Posts
 Posted 03/05/2018  9:26 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply

Quote:
I'm thinking about buying this one - would like opinions before I commit.


Have fun bidding - like Mike said, $150, unless you are putting a set together having just one doesn't make sense! Unless a type coin.
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numismatic student's Avatar
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11898 Posts
 Posted 03/05/2018  9:28 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
vf20 details lightly corroded.
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RubyOpal's Avatar
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 Posted 03/05/2018  10:20 pm  Show Profile   Bookmark this reply Add RubyOpal to your friends list Get a Link to this Reply
I'm pretty sure it's raw. FMV for VG20 is $480. Would $240 be a fair price?

I do have a Whitman Large Cents album started. I have quite a few coins from 1826 and later, but only three from earlier.
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numismatic student's Avatar
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 Posted 03/05/2018  10:30 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
$150 is a good price as others have said. There isn't huge demand for this coin.

This one looks comparable to the one you are asking about and sold for $132 + about $12 shipping.
https://coins.ha.com/itm/large-cent...bnail-071515
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MikeF's Avatar
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3479 Posts
 Posted 03/05/2018  10:43 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
That's quite a coincidence Numismatic Student! I actually bid on that coin and lost. It was part of that Sunday night dump of Carlyle Luer coins that didn't qualify for the signature auction. I purchased like 23 coins from that collection. I've already sold most of them. I couldn't believe those coins were selling so cheap. I suspect it's one of the reasons Heritage scrapped their Sunday night internet coin auctions.
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SilverDollar2017's Avatar
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8715 Posts
 Posted 03/05/2018  10:55 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply

Quote:
I'm pretty sure it's raw. FMV for VG20 is $480. Would $240 be a fair price?


$240 is way too high. As stated by others in the above posts, $150 is a fair price.
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CoinCollector2012's Avatar
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8137 Posts
 Posted 03/06/2018  10:08 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
VF details
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Coinfrog's Avatar
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RubyOpal's Avatar
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 Posted 03/06/2018  11:17 am  Show Profile   Bookmark this reply Add RubyOpal to your friends list Get a Link to this Reply
I took a pass on it. In the meantime, I ordered books by Sheldon, Crosby and Bowers to educate myself about these coins before making any rash buying decisions. I appreciate everyone's input!
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SilverDollar2017's Avatar
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8715 Posts
 Posted 03/06/2018  11:27 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply

Quote:
I took a pass on it. In the meantime, I ordered books by Sheldon, Crosby and Bowers to educate myself about these coins before making any rash buying decisions.


Good idea. When purchasing a coin, especially Half Cents and large cents, make sure to check that the design matches a known variety. If it doesn't, it's most likely a counterfeit.
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panzaldi's Avatar
United States
18689 Posts
 Posted 03/07/2018  4:16 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
VF details, corrosion. overall the color is consistent and the surfaces appear to be original.
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IndianGoldEagle's Avatar
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36841 Posts
 Posted 03/09/2018  10:57 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VF-20 details, environmental damage
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RubyOpal's Avatar
United States
109 Posts
 Posted 03/10/2018  1:45 pm  Show Profile   Bookmark this reply Add RubyOpal to your friends list Get a Link to this Reply

Quote:
When purchasing a coin, especially Half Cents and large cents, make sure to check that the design matches a known variety. If it doesn't, it's most likely a counterfeit.


Okay, I did my homework on this one - it looks to be of the scarcest type of the three varieties in this year ( BW-2, S-268, B-2). Estimated population: 300 to 400. I guess that makes a difference in its monetary value. Also, that I should be looking for a BW-1, S-267, B-1 coin.
Edited by RubyOpal
03/10/2018 3:16 pm
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