1834 Coronet Head Large Cent For Grading You Vs PCGS

Only $28,000 huh?
:-)

since this variety is only available in proof it doesn't always show up in the normal searches. for instance if you go to PCGS coinfacts and ask it about the varieties of large letter reverse 1834s it will only give you the N-6 (the only business strike large letter reverse variety). since its the only proof only middle date it occupies a strange spot. many people dont really consider it to be part of the middle date variety collection.

to me its part of the set. I would like to have one eventually. if I cherrypicked one I would keep it. I was not a serious bidder this time around. to me 5 figure coins are getting into a price range where the other options that life has to offer outweigh the value of owning an object. I think everyone has a price point where that is the case.

lol!

i think that variety identification is a prerequisite for grading early copper correctly. different varieties have different qualities like centering and strike. some come with rusted dies or die swelling that can obliterate big chunks of the coin. some have different relief that can lead to different strikes. the really rare ones even have legacy grading that holds today despite grade-flation. sometimes poor quality is forgiven (chain cents or S-79 for example). sometimes the standards are higher for a specific coin (randall hoard varieties). this is true in other series as well. different dates of Morgan dollars are graded to different standards.