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 Replies: 27 / Views: 3,656 |
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Valued Member
United States
414 Posts |
Hi All, I am not familiar with this type at all. Any feedback would be greatly appreciated. For starters, is this genuine? I am not sure it is. The reverse looks like it has been re-engraved. Many thanks  |
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Valued Member
 United States
213 Posts |
1973 Flowing hair. Weight should be 13.48 grams. America reverse. Not sure if it is real much guess is it is. If real this is worth a lot. (8-14K) depending on grade. I am thinking it is VG8. But I am not an expert on these old large cents
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Valued Member
 United States
414 Posts |
I forgot to add - the weight is stated as 12.70g
Edited by cableguy815
12/07/2018 12:39 pm
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Pillar of the Community
United States
7616 Posts |
This is interesting.
A little history on the coin might be helpful. Passed down from grandpa? Local purchase? Found while metal detecting?
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Valued Member
United States
414 Posts |
No history; this coin is being sold I'm trying to figure out if it's legit or not.
There seems to be difference between this sample and others I've seen (which doesn't mean much as my eyes are untrained in this type nor do I collect copper/US material for that matter). I see a lot of tooling and almost get the sense that the reverse was carved instead of struck. Hence my question.
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Valued Member
United States
213 Posts |
From Red Book " Numerous other die varieties may be found because each of the early dies was individually made." Waiting for an expert to comment here. |
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Pillar of the Community
United States
1005 Posts |
I would expect a coin of this caliber to have established provenance that would be described in the sale
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Pillar of the Community
 United States
6526 Posts |
Im going to have to sit this on out. looks legit to me
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Bedrock of the Community
Canada
21593 Posts |
First of all, what is the seller asking for it?
That is a $15,000 coin if legit.
You say the weight is 12.7g
It should be 13.5g. Red Flag!
Also, do you feel confident in spending that kind of money on a coin that is not certified?
I know I wouldn't. I'm not saying it's counterfeit, I would just like it verified for piece of mind.
Edited by JimmyD
12/07/2018 3:16 pm
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Pillar of the Community
United States
6526 Posts |
 With JimmyD that's a lot of money to pay for a coin that's not in a slab |
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Valued Member
United States
414 Posts |
Quote:
Also, do you feel confident in spending that kind of money on a coin that is not certified?
I know I wouldn't. I'm not saying it's counterfeit, I would just like it verified for piece of mind. I don't think it's 15,000. If authentic, I conservatively estimated this to be between 6,000-8,000 (assuming this to be an F-Details Coin). For the right price, say around 5,000 I'd be a buyer. I'm sure you'd think the same. The only difference is our risk tolerance. My point is, at the right price point, every person is a buyer of raw coins. What that price point is will vary based on one's risk tolerance. Do I feel comfortable paying 5,000 on an uncertified coin? Sure! I have on numerous occasions, spent that kind of money on raw coins that I am familiar with. I am much less confident in spending that kind of money on this coin because I am not familiar with this coin well enough to warrant this kind of an expenditure. That's why I am here, seeking the counsel of the many far more knowledge US copper/US coin collectors on this forum. My initial inclination is that this coin is a forgery. The large weight discrepancy is also concerning, as you mentioned. Logically, it would be prudent to walk away. I just wanted to solicit the feedback of folks here to see if others agreed with my opinion or if perhaps I was wrong and this was a genuine article that seems to be heavily damaged/tooled. |
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Pillar of the Community
Germany
1849 Posts |
13,48 grams nominal vs. 12,7 grams actual is a bit too much, specially given the apparent higher grade of this coin .
You can expect some variability in the weight of chain cents, but that is more than what I have usually seen. Even my VG example of the S-3 (which this looks to be)
weighs 13,33 grams.
Another issue is the very unusual colour: this may be an artifact of the lighting, but it is quite likely the product of a severe cleaning (and possible polishing).
It may be wise to exercise caution and treat this example with the proper scepticism.
Edited by GERMANICVS
12/07/2018 6:03 pm
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Bedrock of the Community
13014 Posts |
Quote:
If authentic, I conservatively estimated this to be between 6,000-8,000 (assuming this to be an F-Details Coin) 10k+ is a more accurate price IMO if it was real. That would very likely be in a VF details holder Early copper has some VERY good counterfeits and buying high value rarities raw for them when you aren't a specialist is playing with fire for sure. Wouldn't even consider it if it's not being sold by a early copper specialist |
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Pillar of the Community
United States
4691 Posts |
Seems to me buying it raw, would be like buying a 2nd hand Rolex off of a street vendor for thousands of dollars without getting it authenticated. Aren't there 3rd parties out there who will provide an escrow for rare coin purchases; basically you deposit your money with them and once the TPG completes their review the money is forwarded to the seller or refunded to the buyer depending on results and the agreement. |
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Pillar of the Community
United States
3058 Posts |
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Pillar of the Community
United States
3343 Posts |
Reeding?
The pronounced radial flow lines between UNITED and the rim are interesting.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
12/07/2018 9:08 pm
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Replies: 27 / Views: 3,656 |
Posted 12/07/2018 12:39 pm
