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1829 Coronet Large Cent, Grading Thoughts

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firemandmc's Avatar
United States
80 Posts
 Posted 09/04/2020  6:37 pm Show Profile   Bookmark this topic Add firemandmc to your friends list Get a Link to this Message Number of Subscribers
New collector here. About what does this grade?
1829-Coronet-Large-Cent,-Grading-Thoughts
1829-Coronet-Large-Cent,-Grading-Thoughts
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 09/04/2020  6:42 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
VG-08
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Coinfrog's Avatar
United States
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 Posted 09/04/2020  6:53 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll say G-06.
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fortcollins's Avatar
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3662 Posts
 Posted 09/04/2020  8:10 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
First,

It's close to VG, but not quite enough detail at the eye, too much wear into the top of LIBERTY, and not quite enough detail on the wreath. I'm at G-06.
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CoinCollector2012's Avatar
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 Posted 09/04/2020  9:29 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
G-6
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 Posted 09/04/2020  11:56 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
g-6 looks about right
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Jaobler's Avatar
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6394 Posts
 Posted 09/05/2020  08:31 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Lots of wear on the portrait but with the strong rims and apparently original surfaces VG-08 seems very possible.
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 Posted 09/05/2020  08:45 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
G06 LG Letters
smat
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panzaldi's Avatar
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 Posted 09/05/2020  10:03 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
G6
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firemandmc's Avatar
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 Posted 09/05/2020  12:56 pm  Show Profile   Bookmark this reply Add firemandmc to your friends list Get a Link to this Reply
Thanks, I was hoping for 8 or 10. Not worth sending in I guess
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fortcollins's Avatar
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3662 Posts
 Posted 09/07/2020  11:57 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
@firemandmc, At current values, there is only about a $20-25 difference between G-06 and VG-10, and about half that between G-06 and G-08.

Your coin is a solid original problem-free G-06. It has good eye appeal for the grade. IMHO, you wouldn't gain anything by slabbing it. Your coin would trade raw on a bourse floor without any problems. You don't need to worry about your coin. It's solid, just as it is.

A lot of people on here have a rule of thumb that any coin under $150-$200 isn't worth slabbing. I tend to push that number higher, to the $400-$450 range. I would offer two exceptions to that rule: coins with scarce varieties that are worth attributing and coins that are frequently counterfeited, where assurance of authenticity makes a huge difference in ability to sell. Only slab a coin if you will gain net value by doing so (increased value or ability to sell > cost of slabbing). Don't slab any coin that is likely to come in with a much lower grade than you anticipate or with a designation that would hurt value (for example, "Details - Cleaned"). Just some thoughts. Others may have different or additional thoughts.

Again, welcome, and keep posting. We're here to help.
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