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1793 Cent - What's Wrong With This Cent?

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cableguy815's Avatar
United States
414 Posts
 Posted 12/08/2018  12:01 am  Show Profile   Bookmark this reply Add cableguy815 to your friends list Get a Link to this Reply
So I have intentionally withheld information about the seller not to create any bias of any kind. I will also add that my interest in this coin is strictly in my ability to resell it at a favorable margin.


Quote:
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.


Not entirely accurate. I know the seller and have dealt with them in the past. They are a very reputable European merchant. Also, if I do get the coin, I have every intention to get it graded; not doing so would be foolish.


Quote:

10k+ is a more accurate price IMO if it was real. That would very likely be in a VF details holder


I agree with your assessment. That's why I said conservatively value it at 6 to 8k. I have looked over many examples and this by far exceeds anything in this price range. I just don't know if it's legit or not.

I find it interesting that no one has either confidently called this a genuine article or a forgery. I've been on this forum long enough to know that forgeries are condemned fairly quickly, which suggests there is something interesting here.

Assuming it is authentic, any thoughts on what has been done with this coin? Someone mentioned harsh cleaning/polishing. I lean towards tooling/repair but it can certainly be all of the above type of deal.

What I'm struggling are these rims; they just don't look right to me.

1793-Cent---What's-Wrong-With-This-Cent?

As always, thanks to everyone for their input - always much appreciated.
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basebal21's Avatar
13014 Posts
 Posted 12/08/2018  12:11 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I find it interesting that no one has either confidently called this a genuine article or a forgery. I've been on this forum long enough to know that forgeries are condemned fairly quickly, which suggests there is something interesting here.


The ones you really want to talk to don't post here as far as I know. Burfle23 on CU has done work on early copper counterfeits to name one. Insider2 is a current grader. It's not a knock on the forum as very few people have legitimate experience with coins like that myself included. What I do know though is that it rarely works out trying to flip raw things like that when someone isn't an expert in what they are dealing with
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cipster's Avatar
United States
2362 Posts
 Posted 12/09/2018  12:36 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply

Quote:
I find it interesting that no one has either confidently called this a genuine article or a forgery.

I'm very interested in the outcome of the genuine/forgery discussion and hope that an expert posts here. I have compared this coin to genuine 1793 cents. It looks like an S-3 variety Obverse 3 Reverse C or a good copy of one. The obverse R is high and leaning right as described by Sheldon. The fraction on the reverse denominator shows the 1 closer to the bar than the 00. Sheldon also notes that the reverse is a stronger strike than the obverse.

Just my opinion of course

1793-Cent---What's-Wrong-With-This-Cent?
Member ANA and EAC

"You got to lose to know how to win".
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52Raymo's Avatar
United States
8516 Posts
 Posted 12/09/2018  1:57 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Looks harshly cleaned but genuine to my untrained eyes. I've looked at examples and I can see no differences.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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basebal21's Avatar
13014 Posts
 Posted 12/09/2018  2:33 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Here's the problem and why a specialist and experts can be the only ones with early copper to definitively say it's good, we are and have been at this level of fakes.

https://coinweek.com/counterfeits/s...ution-guide/

https://coinweek.com/counterfeits/s...ution-guide/

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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 12/09/2018  10:24 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
Frankly, I don't know much about the series and am not sure whether it is fake or real. I am quite interested in what the "verdict" of this thread will be, however.


Quote:
Burfle23 on CU has done work on early copper counterfeits to name one.


Burfle23 is also a CCF member.
Edited by SilverDollar2017
12/09/2018 10:27 pm
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edweather's Avatar
United States
7375 Posts
 Posted 12/09/2018  11:40 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
I would have to assume it's fake, until proven real. Wouldn't touch it raw with a ten foot pole, unless the price was great, and there was a generous return policy where I had time to send it out, and could return it if deemed counterfeit.
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hadleydog's Avatar
Canada
1267 Posts
 Posted 12/10/2018  01:12 am  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply

Quote:
Also, if I do get the coin, I have every intention to get it graded; not doing so would be foolish.


Why would you not follow your own logic and ask why the seller is leaving a coin of this value raw? Would that not make them, in your own words, foolish?
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 12/10/2018  08:08 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Sold for 6600 Euros (+ 18 %).
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cableguy815's Avatar
United States
414 Posts
 Posted 12/10/2018  11:29 am  Show Profile   Bookmark this reply Add cableguy815 to your friends list Get a Link to this Reply
Yep; looks like people were willing to pay fair value for this coin.


Quote:
Why would you not follow your own logic and ask why the seller is leaving a coin of this value raw? Would that not make them, in your own words, foolish?


This is a European seller and this coin was auctioned. There are far more valuable coins being auctioned everyday in raw condition. Slabs are not as prevalent in Europe as they are here.
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basebal21's Avatar
13014 Posts
 Posted 12/10/2018  12:20 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
This is a European seller and this coin was auctioned.


That's even more suspicious
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 12/10/2018  12:23 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
I have been buying from this seller since the mid '80s, with mixed results.

I would not have bought this coin at this auction, even if I had really wanted it.
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