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Replies: 12 / Views: 1,971 |
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Pillar of the Community
United States
751 Posts |
PCGS has this 1802 cent certified as XF(45). Do you think this is a good specimen for $1500? I am looking at getting either a 1798 or an 1802. I like this coin, but am wondering if I should expect more detail for the grade. I like the coin, but am kinda comparing it to a 1798 XF(40) I didn't move on this past summer with stronger details that I am kind of kicking myself for letting go. I included a picture of the 1798 cent below.    Edited by Adam590 12/10/2020 7:10 pm
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
Canada
2781 Posts |
if I were spending $1500 on a coin I would know what to expect for the grade. if I didn't I would hold off on any more spending until I did. 
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Pillar of the Community
 United States
751 Posts |
Sorry about that--the pics should be up now.
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Pillar of the Community
 United States
5177 Posts |
The first set of photos look completely different from the second set. And what is this doubling of the forehead, nose, and chin in the first photo? A photographic fluke? How about this one, a nice BN: https://coins.ha.com/itm/large-cent...1326-22031.s
Edited by NumisEd 12/10/2020 7:35 pm
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Pillar of the Community
 United States
751 Posts |
Thanks, NumisEd. The first two photos are the same coin--maybe that fluke is just lighting. The third image is of an entirely different coin. I love the one you suggested, though. It looks great! I don't want to buy anything I won't love. My collection is not large, but it is full of weird coins I love for their individual quirks and charms.
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Bedrock of the Community
 United States
18645 Posts |
$1500 is pretty much full retail for this coin. I agree with the PCGS grade however due to all the surface nicks and scratches I would not pull the trigger at this price
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Pillar of the Community
United States
4468 Posts |
I do not have a problem with the price for a quality coin. The details on the coin are fine for the grade. The coin has some corrosion in the hair on the obverse and a spot on the reverse. A little nicked up for the grade. The coin looks like it has had an old cleaning.
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Pillar of the Community
 United States
751 Posts |
Thanks, everyone. I am finding a lot of 1802 cents in EF(40) or EF(45) for way above full retail price, like even north of 2000 USD. which seems quite high. I agree that to spend any significant amount of money on a coin, it must be one that we love, and I will probably wait until I find one with great details and good overall quality at the right price. I am surprised, though, at how overpriced a lot of these cents seem to be compared to full retail price.
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Pillar of the Community
 United States
5177 Posts |
Overpriced on ebay or overpriced in general?
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Pillar of the Community
 United States
751 Posts |
NumisEd: Not only on ebay--some of these seem to be priced at over 1000 USD over retail. This doesn't mean they sell at that price, but that seems to be a huge margin.
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Pillar of the Community
United States
4691 Posts |
In my opinion many dealers put their coins on ebay to "showcase" them with unrealistic prices. Some even claim the TPG grades are wrong and instead assign their own grades (for instance a rare proof or specimen) being self proclaimed experts. Fortunately, one has a lot of research material available online.
Edited by jimbucks 12/12/2020 4:57 pm
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Valued Member
 United States
461 Posts |
From my personal perspective, I would wait for a nicer looking one (like the one you passed on). It should rock your world for that price unless it is a tough date. Patience, Grasshopper.
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Replies: 12 / Views: 1,971 |
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