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Grade My 1816 Mint Set - Newcomb 2, R1

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Bedrock of the Community
numismatic student's Avatar
United States
11898 Posts
 Posted 02/27/2023  09:23 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thanks to all for your helpful comments. NGC opined it a 3. Paid $1,323. There are a couple of 1816 cents being auctioned off tonight in the sale of the Col. Ellsworth Collection. One is an N-2 (same variety as this one) in MS64BN which is currently bid to $3,240 and an MS63BN example of a scarcer variety, the N-7 in MS63BN (same grade as this one) which is currently bid to $2,100. Both have CAC stickers. Will be interesting to see where they end up when the auction dust settles tonight. Feel like I received good value in my purchase.

https://coins.ha.com/itm/large-cent...bnail-071515
https://coins.ha.com/itm/large-cent...bnail-071515

Grade-My-1816-Mint-Set---Newcomb-2,-R1
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
02/27/2023 09:39 am
Bedrock of the Community
numismatic student's Avatar
United States
11898 Posts
 Posted 02/27/2023  8:39 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
The MS64BN N-2 sold for $4,320.
The MS63BN N-7 sold for $3,120.
Wow.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Bedrock of the Community
numismatic student's Avatar
United States
11898 Posts
 Posted 02/28/2023  2:42 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
This came in today. Let me know if you have further thoughts. Thanks!

NfEOd1EcPy8
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Pillar of the Community
United States
3162 Posts
 Posted 02/28/2023  2:46 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
beautiful coin!
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IndianGoldEagle's Avatar
United States
36826 Posts
 Posted 02/28/2023  2:55 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
A very nice one for sure.
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westcoin's Avatar
United States
9792 Posts
 Posted 02/28/2023  5:50 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
Hi westcoin. Wondering why in a 0-10 uncirculated scale you would say it rates 1-2. Is this really bottom of the barrel in terms of unc cents? Thanks for sharing your thoughts.


Always difficult to tell a grade from a static photo. My reasoning was the color looked to be coming back from a previous old cleaning, the few hits I do see appeared large and on main pick up points of visual importance. The look of the coin also caused me to pause - was this coin smoothed using some sort of burnishing technique? No way to tell from the photos alone, but thought it could be, hence the lower grade I gave. To be fair I did say a TPG would probably and likely give a higher grade than I did - and NGC certainly did.

After seeing the video which wasn't great but does show the surface better in motion under a lamp, I'm inclined to now agree with the MS63BN grade, I'm still not crazy about the color changing in areas on the reverse at all and that looks like a heat treatment I've seen on other coins to hide something. But the coin is certainly an UNC and a nice one for the date. This was a tough time in our history to get coins out of the mint in any quantity at all, surprising that those that did remained in such nice shape after so long.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Bedrock of the Community
numismatic student's Avatar
United States
11898 Posts
 Posted 02/28/2023  10:32 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thanks westcoin. Appreciate everyone's thoughts.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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